FIXAGO: what changed
FIXAGO
Largest movements
- Cash +€27,669
up €27,669 (+573%), from €4,825 to €32,494
mainly Net result for the year (+€59,665) and Other debts (+€31,326)
- Receivables within one year -€22,105
down €22,105 (-46.4%), from €47,679 to €25,574
of which Trade receivables: -€14,523
- Deferred charges and accrued income +€9,000
new in 2025: €9,000
- Tangible fixed assets -€5,470
down €5,470 (-1.6%), from €348,047 to €342,577
of which Land and buildings: -€9,139
- Other debts +€31,326
up €31,326 (+39.5%), from €79,231 to €110,557
- Current portion of long-term debt -€16,535
down €16,535 (-5.8%), from €287,148 to €270,613
- Reserves -€12,947
no longer reported in 2025 (was €12,947)
- Trade debts +€4,995
up €4,995 (+153%), from €3,269 to €8,264
- Depreciation -€41,917
down €41,917 (-78.8%), from €53,178 to €11,260
- Gross operating margin +€23,639
up €23,639 (+29.7%), from €79,684 to €103,323
- Taxes +€9,658
up €9,658 (+135%), from €7,155 to €16,813
- Financial charges +€8,901
up €8,901 (+2,184%), from €408 to €9,308
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €400,791 | €409,884 | +€9,093 | +2.3% |
| Fixed assets | 21/28 | €348,287 | €342,817 | -€5,470 | -1.6% |
| Tangible fixed assets | 22/27 | €348,047 | €342,577 | -€5,470 | -1.6% |
| Land and buildings | 22 | €337,681 | €328,542 | -€9,139 | -2.7% |
| Furniture and vehicles | 24 | €543 | - | -€543 | |
| Other tangible fixed assets | 26 | €9,823 | €14,035 | +€4,211 | +42.9% |
| Financial fixed assets | 28 | €240 | €240 | = | 0.0% |
| Current assets | 29/58 | €52,504 | €67,067 | +€14,563 | +27.7% |
| Amounts receivable within one year | 40/41 | €47,679 | €25,574 | -€22,105 | -46.4% |
| Trade receivables | 40 | €34,450 | €19,927 | -€14,523 | -42.2% |
| Other amounts receivable | 41 | €13,229 | €5,647 | -€7,582 | -57.3% |
| Cash at bank and in hand | 54/58 | €4,825 | €32,494 | +€27,669 | +573% |
| Deferred charges and accrued income | 490/1 | - | €9,000 | +€9,000 | |
| Total equity and liabilities | 10/49 | €400,791 | €409,884 | +€9,093 | +2.3% |
| Equity | 10/15 | €14,947 | €2,000 | -€12,947 | -86.6% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Capital | 10 | €2,000 | €2,000 | = | 0.0% |
| Issued capital | 100 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €12,947 | - | -€12,947 | |
| Distributable reserves | 133 | €12,947 | - | -€12,947 | |
| Amounts payable | 17/49 | €385,844 | €407,884 | +€22,040 | +5.7% |
| Amounts payable within one year | 42/48 | €385,395 | €407,435 | +€22,040 | +5.7% |
| Current portion of amounts payable after more than one year | 42 | €287,148 | €270,613 | -€16,535 | -5.8% |
| Trade debts | 44 | €3,269 | €8,264 | +€4,995 | +153% |
| Suppliers | 440/4 | €3,269 | €8,264 | +€4,995 | +153% |
| Taxes, remuneration and social security | 45 | €15,747 | €18,001 | +€2,254 | +14.3% |
| Taxes | 450/3 | €15,747 | €18,001 | +€2,254 | +14.3% |
| Other amounts payable | 47/48 | €79,231 | €110,557 | +€31,326 | +39.5% |
| Accrued charges and deferred income | 492/3 | €450 | €450 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €4,521 | €4,763 | +€242 | +5.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €53,178 | €11,260 | -€41,917 | -78.8% |
| Other operating charges | 640/8 | €1,477 | €1,514 | +€37 | +2.5% |
| Gross operating margin | 9900 | €79,684 | €103,323 | +€23,639 | +29.7% |
| Operating profit (loss) | 9901 | €20,509 | €85,786 | +€65,277 | +318% |
| Financial charges | 65/66B | €408 | €9,308 | +€8,901 | +2,184% |
| Recurring financial charges | 65 | €408 | €9,308 | +€8,901 | +2,184% |
| Profit (loss) for the period before taxes | 9903 | €20,102 | €76,478 | +€56,376 | +280% |
| Income taxes | 67/77 | €7,155 | €16,813 | +€9,658 | +135% |
| Profit (loss) for the period | 9904 | €12,947 | €59,665 | +€46,718 | +361% |
| Profit (loss) for the period to be appropriated | 9905 | €12,947 | €59,665 | +€46,718 | +361% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.