FIX vzw: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
What changed
FIX vzw
NACE 85.591, Education
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€264,651
2024 · €150,569+€114,081
Equity
€1.5m
2024 · €1.2m+€244,054
Cash
€1.1m
2024 · €1.4m-€240,903
Balance sheet total
€3.3m
2024 · €3.3m+€4,919
Largest movements
Assets
- Current investments +€300,000
up €300,000 (+100%), from €300,000 to €600,000
- Cash -€240,903
down €240,903 (-17.5%), from €1.4m to €1.1m
mainly Debts within one year (-€328,745) and Current investments (-€300,000)
- Receivables within one year -€100,841
down €100,841 (-11.5%), from €878,958 to €778,118
of which Other amounts receivable: -€163,100
Equity and liabilities
- Debts within one year -€328,745
down €328,745 (-17.0%), from €1.9m to €1.6m
- Reserves +€135,473
up €135,473 (+17.2%), from €789,728 to €925,201
- Profit (loss) carried forward +€129,178
up €129,178 (+136%), from €95,304 to €224,481
- Provisions +€118,013
up €118,013 (+154%), from €76,687 to €194,700
Income statement
- Gross operating margin +€458,366
up €458,366 (+10.5%), from €4.4m to €4.8m
- Staff costs +€210,713
up €210,713 (+5.1%), from €4.2m to €4.4m
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Result 2024
€150,569
Gross operating margin
+€458,366
Staff costs
-€210,713
Depreciation
-€1,560
Other operating charges
+€293
Other operating items
-€130,784
Financial income
-€1,423
Financial charges
+€36
Taxes
-€133
Result 2025
€264,651
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
+€188,609
Investment
-€408,915
Financing
-€20,597
Cash 2024
€1.4m
From operations (derived)
+€188,609
Net result for the year
+€264,651
Depreciation
+€82,828
Stocks and contracts
-€15,949
Receivables within one year
+€100,841
Deferred charges and accrued income
-€4,627
Provisions
+€118,013
Debts within one year
-€328,745
Accrued charges and deferred income
-€28,404
Investment (derived)
-€408,915
Investment in fixed assets (net)
-€108,915
Current investments
-€300,000
Financing
-€20,597
Contributions, distributions and other
-€20,597
Cash 2025
€1.1m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,338,622 | €3,343,540 | +€4,919 | +0.1% |
| Fixed assets | 21/28 | €743,940 | €770,027 | +€26,087 | +3.5% |
| Intangible fixed assets | 21 | €8,067 | €4,033 | -€4,033 | -50.0% |
| Tangible fixed assets | 22/27 | €735,874 | €765,994 | +€30,120 | +4.1% |
| Land and buildings | 22 | €660,080 | €635,882 | -€24,198 | -3.7% |
| Plant, machinery and equipment | 23 | €60,242 | €78,347 | +€18,105 | +30.1% |
| Furniture and vehicles | 24 | €15,552 | €51,765 | +€36,213 | +233% |
| Current assets | 29/58 | €2,594,681 | €2,573,513 | -€21,168 | -0.8% |
| Stocks and contracts in progress | 3 | €14,496 | €30,446 | +€15,949 | +110% |
| Stocks | 30/36 | €14,496 | €30,446 | +€15,949 | +110% |
| Amounts receivable within one year | 40/41 | €878,958 | €778,118 | -€100,841 | -11.5% |
| Trade receivables | 40 | €521,041 | €583,300 | +€62,259 | +11.9% |
| Other amounts receivable | 41 | €357,917 | €194,818 | -€163,100 | -45.6% |
| Current investments | 50/53 | €300,000 | €600,000 | +€300,000 | +100% |
| Cash at bank and in hand | 54/58 | €1,373,746 | €1,132,843 | -€240,903 | -17.5% |
| Deferred charges and accrued income | 490/1 | €27,480 | €32,107 | +€4,627 | +16.8% |
| Total equity and liabilities | 10/49 | €3,338,622 | €3,343,540 | +€4,919 | +0.1% |
| Equity | 10/15 | €1,240,359 | €1,484,413 | +€244,054 | +19.7% |
| Reserves | 13 | €789,728 | €925,201 | +€135,473 | +17.2% |
| Profit (loss) carried forward | 14 | €95,304 | €224,481 | +€129,178 | +136% |
| Investment grants | 15 | €355,328 | €334,731 | -€20,597 | -5.8% |
| Provisions and deferred taxes | 16 | €76,687 | €194,700 | +€118,013 | +154% |
| Provisions for liabilities and charges | 160/5 | €76,687 | €194,700 | +€118,013 | +154% |
| Other liabilities and charges | 164/5 | €76,687 | €194,700 | +€118,013 | +154% |
| Amounts payable | 17/49 | €2,021,576 | €1,664,427 | -€357,149 | -17.7% |
| Amounts payable within one year | 42/48 | €1,939,132 | €1,610,387 | -€328,745 | -17.0% |
| Trade debts | 44 | €106,462 | €94,285 | -€12,177 | -11.4% |
| Suppliers | 440/4 | €106,462 | €94,285 | -€12,177 | -11.4% |
| Advances received on contracts in progress | 46 | €41,446 | €21,599 | -€19,847 | -47.9% |
| Taxes, remuneration and social security | 45 | €663,476 | €708,617 | +€45,141 | +6.8% |
| Taxes | 450/3 | €86,927 | €86,779 | -€148 | -0.2% |
| Remuneration and social security | 454/9 | €576,550 | €621,838 | +€45,289 | +7.9% |
| Accrued charges and deferred income | 492/3 | €82,444 | €54,040 | -€28,404 | -34.5% |
| Non-recurring operating income | 76A | €123,034 | €333,387 | +€210,353 | +171% |
| Remuneration, social security and pensions | 62 | €4,150,959 | €4,361,672 | +€210,713 | +5.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €81,268 | €82,828 | +€1,560 | +1.9% |
| Other operating charges | 640/8 | €15,616 | €15,323 | -€293 | -1.9% |
| Non-recurring operating charges | 66A | €255 | €0 | -€255 | -100% |
| Gross operating margin | 9900 | €4,372,885 | €4,831,251 | +€458,366 | +10.5% |
| Operating profit (loss) | 9901 | €137,813 | €253,414 | +€115,601 | +83.9% |
| Financial income | 75/76B | €17,292 | €15,869 | -€1,423 | -8.2% |
| Recurring financial income | 75 | €14,421 | €15,869 | +€1,448 | +10.0% |
| Non-recurring financial income | 76B | €2,871 | €0 | -€2,871 | -100% |
| Financial charges | 65/66B | €313 | €277 | -€36 | -11.5% |
| Recurring financial charges | 65 | €313 | €277 | -€36 | -11.5% |
| Profit (loss) for the period before taxes | 9903 | €154,792 | €269,006 | +€114,214 | +73.8% |
| Income taxes | 67/77 | €4,223 | €4,356 | +€133 | +3.1% |
| Profit (loss) for the period | 9904 | €150,569 | €264,651 | +€114,081 | +75.8% |
| Profit (loss) for the period to be appropriated | 9905 | €150,569 | €264,651 | +€114,081 | +75.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.