FOX: 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.
FOX
Largest movements
- Tangible fixed assets -€43,378
down €43,378 (-37.0%), from €117,248 to €73,870
of which Furniture and vehicles: -€28,727
- Cash +€5,661
up €5,661 (+138.0%), from €4,101 to €9,762
- Receivables within one year +€2,260
new in 2024: €2,260
- Other debts -€20,583
no longer reported in 2024 (was €20,583)
- Profit (loss) carried forward -€14,801
down €14,801 (-19.4%), from €76,255 to €61,454
- Contributions -€6,197
no longer reported in 2024 (was €6,197)
- Reserves +€6,197
up €6,197 (+34.1%), from €18,163 to €24,360
of which Distributable reserves: +€7,957
- Gross operating margin -€17,348
down €17,348 (-82.4%), from €21,066 to €3,718
- Depreciation -€3,834
down €3,834 (-35.1%), from €10,920 to €7,086
- Other operating charges -€738
down €738 (-41.1%), from €1,797 to €1,059
From the 2022 result to the 2024 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
A cash bridge needs two consecutive fiscal years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2022 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €121,350 | €85,893 | -€35,457 | -29.2% |
| Fixed assets | 21/28 | €117,248 | €73,870 | -€43,378 | -37.0% |
| Tangible fixed assets | 22/27 | €117,248 | €73,870 | -€43,378 | -37.0% |
| Land and buildings | 22 | €75,032 | €68,058 | -€6,974 | -9.3% |
| Plant, machinery and equipment | 23 | €13,332 | €5,655 | -€7,677 | -57.6% |
| Furniture and vehicles | 24 | €28,884 | €157 | -€28,727 | -99.5% |
| Current assets | 29/58 | €4,102 | €12,023 | +€7,921 | +193.1% |
| Amounts receivable within one year | 40/41 | - | €2,260 | +€2,260 | |
| Other amounts receivable | 41 | - | €2,260 | +€2,260 | |
| Cash at bank and in hand | 54/58 | €4,101 | €9,762 | +€5,661 | +138.0% |
| Deferred charges and accrued income | 490/1 | €1 | €1 | = | 0.0% |
| Total equity and liabilities | 10/49 | €121,350 | €85,893 | -€35,457 | -29.2% |
| Equity | 10/15 | €100,615 | €85,814 | -€14,801 | -14.7% |
| Contributions | 10/11 | €6,197 | - | -€6,197 | |
| Outside capital | 11 | €6,197 | - | -€6,197 | |
| Other | 1109/19 | €6,197 | - | -€6,197 | |
| Reserves | 13 | €18,163 | €24,360 | +€6,197 | +34.1% |
| Non-distributable reserves | 130/1 | €1,859 | €100 | -€1,759 | -94.6% |
| Reserves not available under the articles | 1311 | €1,859 | €100 | -€1,759 | -94.6% |
| Tax-exempt reserves | 132 | €16,304 | €16,303 | -€1 | 0.0% |
| Distributable reserves | 133 | - | €7,957 | +€7,957 | |
| Profit (loss) carried forward | 14 | €76,255 | €61,454 | -€14,801 | -19.4% |
| Amounts payable | 17/49 | €20,735 | €79 | -€20,656 | -99.6% |
| Amounts payable within one year | 42/48 | €20,735 | €79 | -€20,656 | -99.6% |
| Taxes, remuneration and social security | 45 | €152 | €79 | -€73 | -48.0% |
| Taxes | 450/3 | €152 | €79 | -€73 | -48.0% |
| Other amounts payable | 47/48 | €20,583 | - | -€20,583 | |
| Non-recurring operating income | 76A | €17,182 | - | -€17,182 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,920 | €7,086 | -€3,834 | -35.1% |
| Other operating charges | 640/8 | €1,797 | €1,059 | -€738 | -41.1% |
| Gross operating margin | 9900 | €21,066 | €3,718 | -€17,348 | -82.4% |
| Operating profit (loss) | 9901 | €8,349 | -€4,427 | -€12,776 | |
| Financial income | 75/76B | - | €133 | +€133 | |
| Recurring financial income | 75 | - | €133 | +€133 | |
| Financial charges | 65/66B | €61 | €34 | -€27 | -44.3% |
| Recurring financial charges | 65 | €61 | €34 | -€27 | -44.3% |
| Profit (loss) for the period before taxes | 9903 | €8,288 | -€4,328 | -€12,616 | |
| Income taxes | 67/77 | €152 | - | -€152 | |
| Profit (loss) for the period | 9904 | €8,136 | -€4,328 | -€12,464 | |
| Profit (loss) for the period to be appropriated | 9905 | €8,136 | -€4,328 | -€12,464 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2022 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.