FIXINOX: 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
FIXINOX
NACE 25.999, Manufacture of fabricated metal products, except machinery and equipment
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€385,653
2024 · -€246,857-€138,796
Equity
€4.7m
2024 · €5.1m-€393,385
Cash
€230,553
2024 · €326,767-€96,214
Balance sheet total
€6.9m
2024 · €7.7m-€788,768
Largest movements
Assets
- Tangible fixed assets -€368,072
down €368,072 (-13.3%), from €2.8m to €2.4m
- Stocks and contracts -€287,837
down €287,837 (-13.1%), from €2.2m to €1.9m
- Receivables within one year +€132,622
up €132,622 (+9.8%), from €1.4m to €1.5m
of which Other amounts receivable: +€107,570
- Cash -€96,214
down €96,214 (-29.4%), from €326,767 to €230,553
mainly Net result for the year (-€385,653) and Debts after one year (-€261,540)
- Financial fixed assets -€80,994
down €80,994 (-51.9%), from €155,994 to €75,000
of which Affiliated companies: -€75,000
Equity and liabilities
- Profit (loss) carried forward -€385,653
down €385,653 (-28.6%), from €1.3m to €964,049
- Debts after one year -€261,540
down €261,540 (-28.0%), from €935,432 to €673,892
- Trade debts -€142,053
down €142,053 (-21.8%), from €650,166 to €508,113
- Current portion of long-term debt +€134,324
up €134,324 (+40.6%), from €330,991 to €465,315
- Tax, wage and social debts -€102,782
down €102,782 (-19.0%), from €541,872 to €439,090
of which Remuneration and social security: -€74,500
Income statement
- Turnover -€561,070
down €561,070 (-6.8%), from €8.2m to €7.7m
- Staff costs -€415,582
down €415,582 (-11.2%), from €3.7m to €3.3m
- Goods and materials -€269,830
down €269,830 (-8.7%), from €3.1m to €2.8m
of which Purchases: -€389,588
- Financial charges +€100,526
up €100,526 (+156.9%), from €64,079 to €164,605
of which Non-recurring financial charges: +€75,000
- Services and other goods -€91,576
down €91,576 (-6.0%), from €1.5m to €1.4m
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
-€246,857
Turnover
-€561,070
Other operating income
+€18,450
Goods and materials
+€269,830
Services and other goods
+€91,576
Staff costs
+€415,582
Depreciation
-€7,779
Write-downs
-€61,705
Provisions
+€17,859
Other operating charges
+€4,031
Other operating items
-€221,896
Financial income
-€3,132
Financial charges
-€100,526
Taxes
-€15
Result 2025
-€385,653
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.
From operations
-€64,347
Investment
+€103,081
Financing
-€134,949
Cash 2024
€326,767
From operations (derived)
-€64,347
Net result for the year
-€385,653
Depreciation
+€423,148
Stocks and contracts
+€287,837
Receivables within one year
-€132,622
Deferred charges and accrued income
+€11,110
Provisions
-€46,430
Trade debts
-€142,053
Tax, wage and social debts
-€102,782
Advances received
+€23,099
Investment (derived)
+€103,081
Investment in fixed assets (net)
+€73,081
Current investments
+€30,000
Financing
-€134,949
Debts after one year
-€261,540
Current portion of long-term debt
+€134,324
Contributions, distributions and other
-€7,732
Cash 2025
€230,553
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €7,650,476 | €6,861,708 | -€788,768 | -10.3% |
| Fixed assets | 21/28 | €3,189,779 | €2,693,550 | -€496,229 | -15.6% |
| Intangible fixed assets | 21 | €257,882 | €210,719 | -€47,163 | -18.3% |
| Tangible fixed assets | 22/27 | €2,775,903 | €2,407,831 | -€368,072 | -13.3% |
| Land and buildings | 22 | €2,019,904 | €1,861,657 | -€158,247 | -7.8% |
| Plant, machinery and equipment | 23 | €132,517 | €87,760 | -€44,757 | -33.8% |
| Furniture and vehicles | 24 | €105,350 | €79,113 | -€26,237 | -24.9% |
| Leasing and similar rights | 25 | €518,133 | €379,301 | -€138,832 | -26.8% |
| Other tangible fixed assets | 26 | €0 | €0 | = | 0.0% |
| Financial fixed assets | 28 | €155,994 | €75,000 | -€80,994 | -51.9% |
| Affiliated companies | 280/1 | €150,000 | €75,000 | -€75,000 | -50.0% |
| Participating interests | 280 | €150,000 | €75,000 | -€75,000 | -50.0% |
| Other financial fixed assets | 284/8 | €5,994 | - | -€5,994 | |
| Amounts receivable and cash guarantees | 285/8 | €5,994 | - | -€5,994 | |
| Current assets | 29/58 | €4,460,698 | €4,168,158 | -€292,540 | -6.6% |
| Stocks and contracts in progress | 3 | €2,201,086 | €1,913,248 | -€287,837 | -13.1% |
| Stocks | 30/36 | €2,201,086 | €1,913,248 | -€287,837 | -13.1% |
| Raw materials and consumables | 30/31 | €2,092,829 | €1,805,105 | -€287,724 | -13.7% |
| Work in progress | 32 | €108,256 | €108,143 | -€113 | -0.1% |
| Amounts receivable within one year | 40/41 | €1,358,276 | €1,490,898 | +€132,622 | +9.8% |
| Trade receivables | 40 | €1,267,169 | €1,292,221 | +€25,051 | +2.0% |
| Other amounts receivable | 41 | €91,107 | €198,677 | +€107,570 | +118.1% |
| Current investments | 50/53 | €499,980 | €469,980 | -€30,000 | -6.0% |
| Own shares | 50 | €499,980 | €469,980 | -€30,000 | -6.0% |
| Cash at bank and in hand | 54/58 | €326,767 | €230,553 | -€96,214 | -29.4% |
| Deferred charges and accrued income | 490/1 | €74,589 | €63,479 | -€11,110 | -14.9% |
| Total equity and liabilities | 10/49 | €7,650,476 | €6,861,708 | -€788,768 | -10.3% |
| Equity | 10/15 | €5,127,654 | €4,734,269 | -€393,385 | -7.7% |
| Contributions | 10/11 | €2,399,998 | €2,399,998 | = | 0.0% |
| Capital | 10 | €2,399,998 | €2,399,998 | = | 0.0% |
| Issued capital | 100 | €2,399,998 | €2,399,998 | = | 0.0% |
| Reserves | 13 | €1,323,450 | €1,323,450 | = | 0.0% |
| Non-distributable reserves | 130/1 | €721,512 | €721,512 | = | 0.0% |
| Legal reserve | 130 | €221,532 | €221,532 | = | 0.0% |
| Own shares acquired | 1312 | €499,980 | €499,980 | = | 0.0% |
| Tax-exempt reserves | 132 | €293,700 | €293,700 | = | 0.0% |
| Distributable reserves | 133 | €308,238 | €308,238 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,349,702 | €964,049 | -€385,653 | -28.6% |
| Investment grants | 15 | €54,505 | €46,773 | -€7,732 | -14.2% |
| Provisions and deferred taxes | 16 | €46,430 | €0 | -€46,430 | -100.0% |
| Provisions for liabilities and charges | 160/5 | €46,430 | €0 | -€46,430 | -100.0% |
| Other liabilities and charges | 164/5 | €46,430 | €0 | -€46,430 | -100.0% |
| Amounts payable | 17/49 | €2,476,392 | €2,127,439 | -€348,954 | -14.1% |
| Amounts payable after more than one year | 17 | €935,432 | €673,892 | -€261,540 | -28.0% |
| Financial debts | 170/4 | €935,432 | €673,892 | -€261,540 | -28.0% |
| Leasing and similar obligations | 172 | €336,009 | €191,941 | -€144,068 | -42.9% |
| Credit institutions | 173 | €599,423 | €481,950 | -€117,472 | -19.6% |
| Amounts payable within one year | 42/48 | €1,540,960 | €1,453,547 | -€87,413 | -5.7% |
| Current portion of amounts payable after more than one year | 42 | €330,991 | €465,315 | +€134,324 | +40.6% |
| Trade debts | 44 | €650,166 | €508,113 | -€142,053 | -21.8% |
| Suppliers | 440/4 | €650,166 | €508,113 | -€142,053 | -21.8% |
| Advances received on contracts in progress | 46 | €17,777 | €40,876 | +€23,099 | +129.9% |
| Taxes, remuneration and social security | 45 | €541,872 | €439,090 | -€102,782 | -19.0% |
| Taxes | 450/3 | €42,701 | €14,418 | -€28,283 | -66.2% |
| Remuneration and social security | 454/9 | €499,172 | €424,672 | -€74,500 | -14.9% |
| Other amounts payable | 47/48 | €153 | €153 | = | 0.0% |
| Operating income | 70/76A | €8,591,706 | €7,850,886 | -€740,820 | -8.6% |
| Turnover | 70 | €8,215,810 | €7,654,740 | -€561,070 | -6.8% |
| Change in stocks of work in progress, finished goods and contracts in progress | 71 | - | €107,334 | +€107,334 | |
| Own construction capitalised | 72 | €287,632 | - | -€287,632 | |
| Other operating income | 74 | €67,983 | €86,433 | +€18,450 | +27.1% |
| Non-recurring operating income | 76A | €20,282 | €2,379 | -€17,902 | -88.3% |
| Operating charges | 60/66A | €8,783,448 | €8,077,750 | -€705,697 | -8.0% |
| Goods for resale, raw materials and consumables | 60 | €3,093,042 | €2,823,212 | -€269,830 | -8.7% |
| Purchases | 600/8 | €2,991,937 | €2,602,350 | -€389,588 | -13.0% |
| Change in stocks: decrease (increase) | 609 | €101,105 | €220,863 | +€119,758 | +118.4% |
| Services and other goods | 61 | €1,521,654 | €1,430,078 | -€91,576 | -6.0% |
| Remuneration, social security and pensions | 62 | €3,709,308 | €3,293,726 | -€415,582 | -11.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €415,369 | €423,148 | +€7,779 | +1.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €24,114 | €85,819 | +€61,705 | +255.9% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€28,570 | -€46,430 | -€17,859 | -62.5% |
| Other operating charges | 640/8 | €48,416 | €44,385 | -€4,031 | -8.3% |
| Non-recurring operating charges | 66A | €116 | €23,812 | +€23,696 | +20427.6% |
| Operating profit (loss) | 9901 | -€191,742 | -€226,864 | -€35,122 | -18.3% |
| Financial income | 75/76B | €13,978 | €10,846 | -€3,132 | -22.4% |
| Recurring financial income | 75 | €13,978 | €8,335 | -€5,643 | -40.4% |
| Other financial income | 752/9 | €13,978 | €8,335 | -€5,643 | -40.4% |
| Non-recurring financial income | 76B | - | €2,511 | +€2,511 | |
| Financial charges | 65/66B | €64,079 | €164,605 | +€100,526 | +156.9% |
| Recurring financial charges | 65 | €64,079 | €89,605 | +€25,526 | +39.8% |
| Debt charges | 650 | €5,425 | €3,245 | -€2,180 | -40.2% |
| Write-downs on current assets other than stocks, contracts in progress and trade receivables: additions (reversals) | 651 | - | €30,000 | +€30,000 | |
| Other financial charges | 652/9 | €58,654 | €56,360 | -€2,294 | -3.9% |
| Non-recurring financial charges | 66B | - | €75,000 | +€75,000 | |
| Profit (loss) for the period before taxes | 9903 | -€241,843 | -€380,624 | -€138,780 | -57.4% |
| Income taxes | 67/77 | €5,014 | €5,029 | +€15 | +0.3% |
| Taxes | 670/3 | €5,014 | €5,029 | +€15 | +0.3% |
| Profit (loss) for the period | 9904 | -€246,857 | -€385,653 | -€138,796 | -56.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€246,857 | -€385,653 | -€138,796 | -56.2% |
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 9 October 2026 via checked.be.