FIXHO: 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.
FIXHO
Largest movements
- Tangible fixed assets -€16,428
down €16,428 (-6.7%), from €243,422 to €226,994
of which Land and buildings: -€11,500
- Cash -€10,743
down €10,743 (-54.1%), from €19,854 to €9,111
mainly Net result for the year (-€29,092) and Debts after one year (-€10,006)
- Profit (loss) carried forward -€29,092
down €29,092 (-416%), from -€6,992 to -€36,085
- Debts after one year -€10,006
down €10,006 (-4.1%), from €241,254 to €231,248
- Current portion of long-term debt +€6,298
new in 2025: €6,298
- Tax, wage and social debts +€3,668
up €3,668 (+13.3%), from €27,665 to €31,332
of which Taxes: +€3,668
- Gross operating margin -€55,851
down €55,851, from €51,207 to -€4,644
- Financial charges -€1,677
down €1,677 (-34.6%), from €4,846 to €3,169
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €322,857 | €290,867 | -€31,990 | -9.9% |
| Formation expenses | 20 | €24,920 | €21,805 | -€3,115 | -12.5% |
| Fixed assets | 21/28 | €249,487 | €231,460 | -€18,028 | -7.2% |
| Intangible fixed assets | 21 | €3,231 | €1,631 | -€1,600 | -49.5% |
| Tangible fixed assets | 22/27 | €243,422 | €226,994 | -€16,428 | -6.7% |
| Land and buildings | 22 | €207,000 | €195,500 | -€11,500 | -5.6% |
| Other tangible fixed assets | 26 | €36,422 | €31,494 | -€4,928 | -13.5% |
| Financial fixed assets | 28 | €2,835 | €2,835 | = | 0.0% |
| Current assets | 29/58 | €48,450 | €37,603 | -€10,848 | -22.4% |
| Stocks and contracts in progress | 3 | €15,000 | €15,000 | = | 0.0% |
| Stocks | 30/36 | €15,000 | €15,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €2,122 | €2,017 | -€105 | -4.9% |
| Trade receivables | 40 | €2,122 | €2,017 | -€105 | -4.9% |
| Cash at bank and in hand | 54/58 | €19,854 | €9,111 | -€10,743 | -54.1% |
| Deferred charges and accrued income | 490/1 | €11,475 | €11,475 | = | 0.0% |
| Total equity and liabilities | 10/49 | €322,857 | €290,867 | -€31,990 | -9.9% |
| Equity | 10/15 | €33,008 | €3,915 | -€29,092 | -88.1% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €20,000 | €20,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €18,000 | €18,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€6,992 | -€36,085 | -€29,092 | -416% |
| Amounts payable | 17/49 | €289,850 | €286,952 | -€2,898 | -1.0% |
| Amounts payable after more than one year | 17 | €241,254 | €231,248 | -€10,006 | -4.1% |
| Financial debts | 170/4 | €241,254 | €231,248 | -€10,006 | -4.1% |
| Amounts payable within one year | 42/48 | €48,596 | €55,703 | +€7,108 | +14.6% |
| Current portion of amounts payable after more than one year | 42 | - | €6,298 | +€6,298 | |
| Trade debts | 44 | €5,340 | €2,482 | -€2,858 | -53.5% |
| Suppliers | 440/4 | €5,340 | €2,482 | -€2,858 | -53.5% |
| Taxes, remuneration and social security | 45 | €27,665 | €31,332 | +€3,668 | +13.3% |
| Taxes | 450/3 | €13,032 | €16,700 | +€3,668 | +28.1% |
| Remuneration and social security | 454/9 | €14,633 | €14,633 | = | 0.0% |
| Other amounts payable | 47/48 | €15,591 | €15,591 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,652 | €21,143 | -€509 | -2.4% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €281 | - | -€281 | |
| Other operating charges | 640/8 | €216 | €136 | -€80 | -37.0% |
| Gross operating margin | 9900 | €51,207 | -€4,644 | -€55,851 | |
| Operating profit (loss) | 9901 | €29,057 | -€25,923 | -€54,981 | |
| Financial charges | 65/66B | €4,846 | €3,169 | -€1,677 | -34.6% |
| Recurring financial charges | 65 | €4,846 | €3,169 | -€1,677 | -34.6% |
| Profit (loss) for the period before taxes | 9903 | €24,212 | -€29,092 | -€53,304 | |
| Profit (loss) for the period | 9904 | €24,212 | -€29,092 | -€53,304 | |
| Profit (loss) for the period to be appropriated | 9905 | €24,212 | -€29,092 | -€53,304 |
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 16 October 2026 via checked.be.