FIXSE: 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.
FIXSE
Largest movements
- Stocks and contracts +€37,399
new in 2025: €37,399
- Cash +€4,346
up €4,346 (+44.3%), from €9,800 to €14,146
mainly Trade debts (+€26,229) and Net result for the year (+€13,006)
- Tangible fixed assets +€2,667
up €2,667 (+25.5%), from €10,457 to €13,125
of which Furniture and vehicles: +€3,552
- Deferred charges and accrued income +€1,292
up €1,292 (+159.0%), from €812 to €2,104
- Receivables within one year -€1,119
down €1,119 (-4.2%), from €26,670 to €25,552
of which Trade receivables: -€7,122
- Trade debts +€26,229
up €26,229 (+261.8%), from €10,020 to €36,249
- Profit (loss) carried forward +€13,006
up €13,006, from -€832 to €12,174
- Accrued charges and deferred income +€2,427
up €2,427 (+300.5%), from €808 to €3,234
- Other debts +€2,004
up €2,004 (+29.1%), from €6,889 to €8,893
- Gross operating margin +€21,250
up €21,250 (+1272.4%), from €1,670 to €22,920
- Taxes +€4,643
up €4,643 (+1229.0%), from €378 to €5,021
- Depreciation +€2,316
up €2,316 (+157.3%), from €1,472 to €3,788
- Other operating charges +€380
up €380 (+49.3%), from €772 to €1,152
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 | €47,740 | €92,326 | +€44,585 | +93.4% |
| Fixed assets | 21/28 | €10,457 | €13,125 | +€2,667 | +25.5% |
| Tangible fixed assets | 22/27 | €10,457 | €13,125 | +€2,667 | +25.5% |
| Plant, machinery and equipment | 23 | €9,256 | €8,372 | -€884 | -9.6% |
| Furniture and vehicles | 24 | €1,201 | €4,753 | +€3,552 | +295.6% |
| Current assets | 29/58 | €37,283 | €79,201 | +€41,918 | +112.4% |
| Stocks and contracts in progress | 3 | - | €37,399 | +€37,399 | |
| Stocks | 30/36 | - | €37,399 | +€37,399 | |
| Amounts receivable within one year | 40/41 | €26,670 | €25,552 | -€1,119 | -4.2% |
| Trade receivables | 40 | €22,161 | €15,039 | -€7,122 | -32.1% |
| Other amounts receivable | 41 | €4,509 | €10,513 | +€6,004 | +133.1% |
| Cash at bank and in hand | 54/58 | €9,800 | €14,146 | +€4,346 | +44.3% |
| Deferred charges and accrued income | 490/1 | €812 | €2,104 | +€1,292 | +159.0% |
| Total equity and liabilities | 10/49 | €47,740 | €92,326 | +€44,585 | +93.4% |
| Equity | 10/15 | €25,923 | €38,929 | +€13,006 | +50.2% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €16,755 | €16,755 | = | 0.0% |
| Distributable reserves | 133 | €16,755 | €16,755 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€832 | €12,174 | +€13,006 | |
| Amounts payable | 17/49 | €21,817 | €53,397 | +€31,579 | +144.7% |
| Amounts payable within one year | 42/48 | €21,010 | €50,163 | +€29,153 | +138.8% |
| Trade debts | 44 | €10,020 | €36,249 | +€26,229 | +261.8% |
| Suppliers | 440/4 | €10,020 | €36,249 | +€26,229 | +261.8% |
| Taxes, remuneration and social security | 45 | €4,102 | €5,021 | +€920 | +22.4% |
| Taxes | 450/3 | €2,702 | €5,021 | +€2,320 | +85.9% |
| Remuneration and social security | 454/9 | €1,400 | - | -€1,400 | |
| Other amounts payable | 47/48 | €6,889 | €8,893 | +€2,004 | +29.1% |
| Accrued charges and deferred income | 492/3 | €808 | €3,234 | +€2,427 | +300.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,472 | €3,788 | +€2,316 | +157.3% |
| Other operating charges | 640/8 | €772 | €1,152 | +€380 | +49.3% |
| Gross operating margin | 9900 | €1,670 | €22,920 | +€21,250 | +1272.4% |
| Operating profit (loss) | 9901 | -€574 | €17,980 | +€18,554 | |
| Financial income | 75/76B | €315 | €240 | -€75 | -23.9% |
| Recurring financial income | 75 | €315 | €240 | -€75 | -23.9% |
| Financial charges | 65/66B | €195 | €193 | -€2 | -1.0% |
| Recurring financial charges | 65 | €195 | €193 | -€2 | -1.0% |
| Profit (loss) for the period before taxes | 9903 | -€454 | €18,027 | +€18,481 | |
| Income taxes | 67/77 | €378 | €5,021 | +€4,643 | +1229.0% |
| Profit (loss) for the period | 9904 | -€832 | €13,006 | +€13,838 | |
| Profit (loss) for the period to be appropriated | 9905 | -€832 | €13,006 | +€13,838 |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.