FIXOTHERM: 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.
FIXOTHERM
Largest movements
- Cash +€21,486
up €21,486 (+230.7%), from €9,315 to €30,801
mainly Net result for the year (+€19,022) and Depreciation (+€7,510)
- Receivables within one year +€7,623
up €7,623 (+107.3%), from €7,101 to €14,724
of which Trade receivables: +€11,701
- Tangible fixed assets -€7,509
down €7,509 (-24.5%), from €30,693 to €23,184
of which Furniture and vehicles: -€6,169
- Profit (loss) carried forward +€19,022
up €19,022 (+70.8%), from €26,880 to €45,902
- Trade debts -€10,530
down €10,530 (-95.6%), from €11,014 to €484
- Tax, wage and social debts +€6,730
up €6,730 (+91.1%), from €7,385 to €14,115
- Other debts +€6,377
up €6,377 (+348.5%), from €1,830 to €8,207
- Gross operating margin -€6,617
down €6,617 (-16.1%), from €40,999 to €34,382
- Depreciation +€1,485
up €1,485 (+24.6%), from €6,025 to €7,510
- Taxes -€655
down €655 (-8.9%), from €7,385 to €6,730
- Other operating charges +€499
up €499 (+87.2%), from €572 to €1,071
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 | €47,109 | €68,708 | +€21,599 | +45.8% |
| Fixed assets | 21/28 | €30,693 | €23,184 | -€7,509 | -24.5% |
| Tangible fixed assets | 22/27 | €30,693 | €23,184 | -€7,509 | -24.5% |
| Plant, machinery and equipment | 23 | €5,801 | €4,460 | -€1,341 | -23.1% |
| Furniture and vehicles | 24 | €24,892 | €18,723 | -€6,169 | -24.8% |
| Current assets | 29/58 | €16,416 | €45,525 | +€29,109 | +177.3% |
| Amounts receivable within one year | 40/41 | €7,101 | €14,724 | +€7,623 | +107.3% |
| Trade receivables | 40 | - | €11,701 | +€11,701 | |
| Other amounts receivable | 41 | €7,101 | €3,022 | -€4,079 | -57.4% |
| Cash at bank and in hand | 54/58 | €9,315 | €30,801 | +€21,486 | +230.7% |
| Total equity and liabilities | 10/49 | €47,109 | €68,708 | +€21,599 | +45.8% |
| Equity | 10/15 | €26,880 | €45,902 | +€19,022 | +70.8% |
| Profit (loss) carried forward | 14 | €26,880 | €45,902 | +€19,022 | +70.8% |
| Amounts payable | 17/49 | €20,229 | €22,806 | +€2,577 | +12.7% |
| Amounts payable within one year | 42/48 | €20,229 | €22,806 | +€2,577 | +12.7% |
| Trade debts | 44 | €11,014 | €484 | -€10,530 | -95.6% |
| Suppliers | 440/4 | €11,014 | €484 | -€10,530 | -95.6% |
| Taxes, remuneration and social security | 45 | €7,385 | €14,115 | +€6,730 | +91.1% |
| Taxes | 450/3 | €7,385 | €14,115 | +€6,730 | +91.1% |
| Other amounts payable | 47/48 | €1,830 | €8,207 | +€6,377 | +348.5% |
| Remuneration, social security and pensions | 62 | €30 | - | -€30 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,025 | €7,510 | +€1,485 | +24.6% |
| Other operating charges | 640/8 | €572 | €1,071 | +€499 | +87.2% |
| Gross operating margin | 9900 | €40,999 | €34,382 | -€6,617 | -16.1% |
| Operating profit (loss) | 9901 | €34,372 | €25,801 | -€8,571 | -24.9% |
| Financial charges | 65/66B | €107 | €49 | -€58 | -54.4% |
| Recurring financial charges | 65 | €107 | €49 | -€58 | -54.4% |
| Profit (loss) for the period before taxes | 9903 | €34,265 | €25,752 | -€8,513 | -24.8% |
| Income taxes | 67/77 | €7,385 | €6,730 | -€655 | -8.9% |
| Profit (loss) for the period | 9904 | €26,880 | €19,022 | -€7,858 | -29.2% |
| Profit (loss) for the period to be appropriated | 9905 | €26,880 | €19,022 | -€7,858 | -29.2% |
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 8 October 2026 via checked.be.