FIXIN: 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.
FIXIN
Largest movements
- Tangible fixed assets +€198,292
up €198,292 (+141.6%), from €140,027 to €338,319
of which Land and buildings: +€283,333
- Receivables within one year -€54,180
down €54,180 (-96.3%), from €56,271 to €2,091
of which Other amounts receivable: -€53,230
- Deferred charges and accrued income -€8,747
down €8,747 (-11.0%), from €79,496 to €70,749
- Debts after one year +€180,829
up €180,829 (+257.2%), from €70,320 to €251,149
- Other debts -€61,959
down €61,959 (-100.0%), from €61,959 to €0
- Current portion of long-term debt +€12,220
up €12,220 (+75.0%), from €16,300 to €28,520
- Tax, wage and social debts +€7,418
up €7,418 (+1276.5%), from €581 to €7,999
of which Remuneration and social security: +€5,005
- Depreciation +€57,879
up €57,879 (+701.4%), from €8,252 to €66,131
- Staff costs +€42,021
new in 2025: €42,021
- Gross operating margin +€38,362
up €38,362 (+50.0%), from €76,663 to €115,025
- Financial charges +€8,736
up €8,736 (+3804.9%), from €230 to €8,966
- Financial income -€1,571
down €1,571 (-51.4%), from €3,054 to €1,484
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.
Cash bridge derived
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 | €319,515 | €454,611 | +€135,097 | +42.3% |
| Formation expenses | 20 | €13,795 | €11,036 | -€2,759 | -20.0% |
| Fixed assets | 21/28 | €141,477 | €338,794 | +€197,317 | +139.5% |
| Intangible fixed assets | 21 | €1,450 | €475 | -€975 | -67.2% |
| Tangible fixed assets | 22/27 | €140,027 | €338,319 | +€198,292 | +141.6% |
| Land and buildings | 22 | €38,814 | €322,147 | +€283,333 | +730.0% |
| Furniture and vehicles | 24 | €7,512 | €16,172 | +€8,660 | +115.3% |
| Assets under construction and advance payments | 27 | €93,701 | €0 | -€93,701 | -100.0% |
| Current assets | 29/58 | €164,243 | €104,781 | -€59,462 | -36.2% |
| Amounts receivable within one year | 40/41 | €56,271 | €2,091 | -€54,180 | -96.3% |
| Trade receivables | 40 | €950 | €0 | -€950 | -100.0% |
| Other amounts receivable | 41 | €55,321 | €2,091 | -€53,230 | -96.2% |
| Cash at bank and in hand | 54/58 | €28,475 | €31,940 | +€3,465 | +12.2% |
| Deferred charges and accrued income | 490/1 | €79,496 | €70,749 | -€8,747 | -11.0% |
| Total equity and liabilities | 10/49 | €319,515 | €454,611 | +€135,097 | +42.3% |
| Equity | 10/15 | €148,546 | €146,196 | -€2,350 | -1.6% |
| Contributions | 10/11 | €24,622 | €24,672 | +€50 | +0.2% |
| Reserves | 13 | €123,924 | €121,524 | -€2,400 | -1.9% |
| Distributable reserves | 133 | €123,924 | €121,524 | -€2,400 | -1.9% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €170,969 | €308,415 | +€137,447 | +80.4% |
| Amounts payable after more than one year | 17 | €70,320 | €251,149 | +€180,829 | +257.2% |
| Financial debts | 170/4 | €70,320 | €251,149 | +€180,829 | +257.2% |
| Amounts payable within one year | 42/48 | €100,049 | €57,225 | -€42,825 | -42.8% |
| Current portion of amounts payable after more than one year | 42 | €16,300 | €28,520 | +€12,220 | +75.0% |
| Trade debts | 44 | €21,209 | €20,705 | -€504 | -2.4% |
| Suppliers | 440/4 | €21,209 | €20,705 | -€504 | -2.4% |
| Taxes, remuneration and social security | 45 | €581 | €7,999 | +€7,418 | +1276.5% |
| Taxes | 450/3 | €581 | €2,995 | +€2,414 | +415.3% |
| Remuneration and social security | 454/9 | - | €5,005 | +€5,005 | |
| Other amounts payable | 47/48 | €61,959 | €0 | -€61,959 | -100.0% |
| Accrued charges and deferred income | 492/3 | €600 | €42 | -€558 | -93.0% |
| Remuneration, social security and pensions | 62 | - | €42,021 | +€42,021 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,252 | €66,131 | +€57,879 | +701.4% |
| Other operating charges | 640/8 | €1,576 | €832 | -€744 | -47.2% |
| Gross operating margin | 9900 | €76,663 | €115,025 | +€38,362 | +50.0% |
| Operating profit (loss) | 9901 | €66,835 | €6,041 | -€60,793 | -91.0% |
| Financial income | 75/76B | €3,054 | €1,484 | -€1,571 | -51.4% |
| Recurring financial income | 75 | €3,054 | €1,484 | -€1,571 | -51.4% |
| Financial charges | 65/66B | €230 | €8,966 | +€8,736 | +3804.9% |
| Recurring financial charges | 65 | €230 | €8,966 | +€8,736 | +3804.9% |
| Profit (loss) for the period before taxes | 9903 | €69,660 | -€1,441 | -€71,100 | |
| Income taxes | 67/77 | €604 | €1,909 | +€1,305 | +215.9% |
| Profit (loss) for the period | 9904 | €69,055 | -€3,350 | -€72,405 | |
| Profit (loss) for the period to be appropriated | 9905 | €69,055 | -€3,350 | -€72,405 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.