FIXOVELO: 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.
FIXOVELO
Largest movements
- Tangible fixed assets -€37,235
down €37,235 (-7.3%), from €513,080 to €475,844
of which Land and buildings: -€31,011
- Stocks and contracts -€36,002
down €36,002 (-7.5%), from €479,463 to €443,461
- Cash +€33,376
up €33,376 (+41.3%), from €80,866 to €114,241
mainly Other debts (+€116,912) and Net result for the year (+€50,593)
- Current investments +€15,000
up €15,000 (+105%), from €14,300 to €29,300
- Other debts +€116,912
up €116,912 (+1,633%), from €7,160 to €124,071
- Profit (loss) carried forward -€112,740
down €112,740 (-29.4%), from €383,907 to €271,166
- Debts after one year -€38,636
down €38,636 (-7.7%), from €498,802 to €460,166
- Trade debts +€28,753
up €28,753 (+89.6%), from €32,078 to €60,831
- Tax, wage and social debts -€19,239
down €19,239 (-35.9%), from €53,606 to €34,367
of which Taxes: -€19,239
- Gross operating margin -€23,790
down €23,790 (-16.2%), from €147,158 to €123,367
- Taxes -€5,838
down €5,838 (-24.2%), from €24,150 to €18,311
- Financial income -€2,619
down €2,619 (-61.0%), from €4,297 to €1,678
- Depreciation -€2,471
down €2,471 (-6.2%), from €39,706 to €37,235
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 | €1,105,566 | €1,088,016 | -€17,550 | -1.6% |
| Fixed assets | 21/28 | €513,080 | €475,844 | -€37,235 | -7.3% |
| Tangible fixed assets | 22/27 | €513,080 | €475,844 | -€37,235 | -7.3% |
| Land and buildings | 22 | €495,695 | €464,685 | -€31,011 | -6.3% |
| Plant, machinery and equipment | 23 | €17,384 | €11,159 | -€6,225 | -35.8% |
| Current assets | 29/58 | €592,487 | €612,172 | +€19,685 | +3.3% |
| Stocks and contracts in progress | 3 | €479,463 | €443,461 | -€36,002 | -7.5% |
| Stocks | 30/36 | €479,463 | €443,461 | -€36,002 | -7.5% |
| Amounts receivable within one year | 40/41 | €16,061 | €23,500 | +€7,439 | +46.3% |
| Trade receivables | 40 | €15,211 | €15,980 | +€769 | +5.1% |
| Other amounts receivable | 41 | €850 | €7,521 | +€6,670 | +785% |
| Current investments | 50/53 | €14,300 | €29,300 | +€15,000 | +105% |
| Cash at bank and in hand | 54/58 | €80,866 | €114,241 | +€33,376 | +41.3% |
| Deferred charges and accrued income | 490/1 | €1,797 | €1,669 | -€128 | -7.1% |
| Total equity and liabilities | 10/49 | €1,105,566 | €1,088,016 | -€17,550 | -1.6% |
| Equity | 10/15 | €424,272 | €311,532 | -€112,740 | -26.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €34,165 | €34,165 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Other | 1319 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €32,305 | €32,305 | = | 0.0% |
| Profit (loss) carried forward | 14 | €383,907 | €271,166 | -€112,740 | -29.4% |
| Amounts payable | 17/49 | €681,295 | €776,484 | +€95,190 | +14.0% |
| Amounts payable after more than one year | 17 | €498,802 | €460,166 | -€38,636 | -7.7% |
| Financial debts | 170/4 | €498,802 | €460,166 | -€38,636 | -7.7% |
| Amounts payable within one year | 42/48 | €182,493 | €316,319 | +€133,826 | +73.3% |
| Current portion of amounts payable after more than one year | 42 | €89,649 | €97,049 | +€7,400 | +8.3% |
| Trade debts | 44 | €32,078 | €60,831 | +€28,753 | +89.6% |
| Suppliers | 440/4 | €32,078 | €60,831 | +€28,753 | +89.6% |
| Taxes, remuneration and social security | 45 | €53,606 | €34,367 | -€19,239 | -35.9% |
| Taxes | 450/3 | €53,606 | €34,367 | -€19,239 | -35.9% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €7,160 | €124,071 | +€116,912 | +1,633% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €39,706 | €37,235 | -€2,471 | -6.2% |
| Other operating charges | 640/8 | €6,318 | €6,516 | +€198 | +3.1% |
| Gross operating margin | 9900 | €147,158 | €123,367 | -€23,790 | -16.2% |
| Operating profit (loss) | 9901 | €101,133 | €79,616 | -€21,518 | -21.3% |
| Financial income | 75/76B | €4,297 | €1,678 | -€2,619 | -61.0% |
| Recurring financial income | 75 | €4,297 | €1,678 | -€2,619 | -61.0% |
| Financial charges | 65/66B | €12,292 | €12,389 | +€96 | +0.8% |
| Recurring financial charges | 65 | €12,292 | €12,389 | +€96 | +0.8% |
| Profit (loss) for the period before taxes | 9903 | €93,137 | €68,904 | -€24,233 | -26.0% |
| Income taxes | 67/77 | €24,150 | €18,311 | -€5,838 | -24.2% |
| Profit (loss) for the period | 9904 | €68,988 | €50,593 | -€18,395 | -26.7% |
| Profit (loss) for the period to be appropriated | 9905 | €68,988 | €50,593 | -€18,395 | -26.7% |
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.