FIXER: what changed
Two fiscal 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.
FIXER
Largest movements
- Receivables within one year +€24,792
up €24,792 (+218.9%), from €11,326 to €36,118
of which Trade receivables: +€16,891
- Cash -€1,276
down €1,276 (-94.9%), from €1,345 to €69
mainly Receivables within one year (-€24,792) and Deferred charges and accrued income (-€114)
- Tax, wage and social debts +€22,822
up €22,822 (+1100.0%), from €2,075 to €24,897
of which Taxes: +€23,822
- Trade debts +€657
up €657 (+39.2%), from €1,675 to €2,333
- Gross operating margin +€904
up €904 (+22.3%), from €4,059 to €4,963
- Financial charges +€737
up €737 (+26.7%), from €2,766 to €3,504
- Financial income +€349
up €349 (+233.1%), from €150 to €499
- Other operating charges +€330
up €330 (+43.3%), from €762 to €1,092
- Taxes +€267
up €267 (+59.3%), from €450 to €716
From the 2025 result to the 2026 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.
Cash bridge derived
Derived from the 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €13,480 | €36,889 | +€23,409 | +173.7% |
| Fixed assets | 21/28 | €495 | €275 | -€220 | -44.5% |
| Tangible fixed assets | 22/27 | €495 | €275 | -€220 | -44.5% |
| Furniture and vehicles | 24 | €495 | €275 | -€220 | -44.5% |
| Current assets | 29/58 | €12,985 | €36,615 | +€23,630 | +182.0% |
| Amounts receivable within one year | 40/41 | €11,326 | €36,118 | +€24,792 | +218.9% |
| Trade receivables | 40 | €4,439 | €21,329 | +€16,891 | +380.6% |
| Other amounts receivable | 41 | €6,888 | €14,788 | +€7,901 | +114.7% |
| Cash at bank and in hand | 54/58 | €1,345 | €69 | -€1,276 | -94.9% |
| Deferred charges and accrued income | 490/1 | €314 | €428 | +€114 | +36.5% |
| Total equity and liabilities | 10/49 | €13,480 | €36,889 | +€23,409 | +173.7% |
| Equity | 10/15 | €9,730 | €9,659 | -€70 | -0.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €4,730 | €4,659 | -€70 | -1.5% |
| Distributable reserves | 133 | €4,730 | €4,659 | -€70 | -1.5% |
| Amounts payable | 17/49 | €3,750 | €27,230 | +€23,480 | +626.1% |
| Amounts payable within one year | 42/48 | €3,750 | €27,230 | +€23,480 | +626.1% |
| Trade debts | 44 | €1,675 | €2,333 | +€657 | +39.2% |
| Suppliers | 440/4 | €1,675 | €2,333 | +€657 | +39.2% |
| Taxes, remuneration and social security | 45 | €2,075 | €24,897 | +€22,822 | +1100.0% |
| Taxes | 450/3 | €1,075 | €24,897 | +€23,822 | +2216.7% |
| Remuneration and social security | 454/9 | €1,000 | - | -€1,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €451 | €220 | -€230 | -51.1% |
| Other operating charges | 640/8 | €762 | €1,092 | +€330 | +43.3% |
| Gross operating margin | 9900 | €4,059 | €4,963 | +€904 | +22.3% |
| Operating profit (loss) | 9901 | €2,846 | €3,650 | +€805 | +28.3% |
| Financial income | 75/76B | €150 | €499 | +€349 | +233.1% |
| Recurring financial income | 75 | €150 | €499 | +€349 | +233.1% |
| Financial charges | 65/66B | €2,766 | €3,504 | +€737 | +26.7% |
| Recurring financial charges | 65 | €2,766 | €3,504 | +€737 | +26.7% |
| Profit (loss) for the period before taxes | 9903 | €229 | €646 | +€417 | +181.6% |
| Income taxes | 67/77 | €450 | €716 | +€267 | +59.3% |
| Profit (loss) for the period | 9904 | -€220 | -€70 | +€150 | +68.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€220 | -€70 | +€150 | +68.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.