Fox Accounting: 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.
Fox Accounting
Largest movements
- Receivables within one year +€56,498
up €56,498 (+59.2%), from €95,450 to €151,948
of which Trade receivables: +€32,963
- Tangible fixed assets +€13,010
up €13,010 (+28.7%), from €45,308 to €58,318
- Deferred charges and accrued income -€9,426
down €9,426 (-55.6%), from €16,943 to €7,517
- Trade debts +€19,633
up €19,633 (+137%), from €14,354 to €33,987
- Tax, wage and social debts +€14,581
up €14,581 (+77.1%), from €18,918 to €33,498
of which Taxes: +€8,967
- Debts after one year +€9,846
up €9,846 (+141%), from €6,991 to €16,837
- Other debts +€8,459
up €8,459 (+9.2%), from €92,080 to €100,540
- Reserves +€6,631
up €6,631 (+22.8%), from €29,118 to €35,748
- Gross operating margin +€62,858
up €62,858 (+37.2%), from €169,189 to €232,047
- Staff costs +€44,118
up €44,118 (+80.8%), from €54,611 to €98,728
- Taxes +€2,618
up €2,618 (+68.4%), from €3,828 to €6,446
- Depreciation +€2,329
up €2,329 (+17.7%), from €13,123 to €15,451
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 | €171,540 | €232,879 | +€61,338 | +35.8% |
| Fixed assets | 21/28 | €45,517 | €58,318 | +€12,801 | +28.1% |
| Intangible fixed assets | 21 | €209 | €0 | -€209 | -100% |
| Tangible fixed assets | 22/27 | €45,308 | €58,318 | +€13,010 | +28.7% |
| Furniture and vehicles | 24 | €45,308 | €58,318 | +€13,010 | +28.7% |
| Current assets | 29/58 | €126,023 | €174,561 | +€48,537 | +38.5% |
| Amounts receivable within one year | 40/41 | €95,450 | €151,948 | +€56,498 | +59.2% |
| Trade receivables | 40 | €95,450 | €128,413 | +€32,963 | +34.5% |
| Other amounts receivable | 41 | €0 | €23,535 | +€23,535 | |
| Cash at bank and in hand | 54/58 | €13,630 | €15,096 | +€1,466 | +10.8% |
| Deferred charges and accrued income | 490/1 | €16,943 | €7,517 | -€9,426 | -55.6% |
| Total equity and liabilities | 10/49 | €171,540 | €232,879 | +€61,338 | +35.8% |
| Equity | 10/15 | €30,118 | €36,748 | +€6,631 | +22.0% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €29,118 | €35,748 | +€6,631 | +22.8% |
| Distributable reserves | 133 | €29,118 | €35,748 | +€6,631 | +22.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €141,423 | €196,130 | +€54,708 | +38.7% |
| Amounts payable after more than one year | 17 | €6,991 | €16,837 | +€9,846 | +141% |
| Financial debts | 170/4 | €6,991 | €16,837 | +€9,846 | +141% |
| Amounts payable within one year | 42/48 | €134,432 | €179,293 | +€44,862 | +33.4% |
| Current portion of amounts payable after more than one year | 42 | €9,080 | €11,269 | +€2,189 | +24.1% |
| Trade debts | 44 | €14,354 | €33,987 | +€19,633 | +137% |
| Suppliers | 440/4 | €14,354 | €33,987 | +€19,633 | +137% |
| Taxes, remuneration and social security | 45 | €18,918 | €33,498 | +€14,581 | +77.1% |
| Taxes | 450/3 | €11,614 | €20,581 | +€8,967 | +77.2% |
| Remuneration and social security | 454/9 | €7,304 | €12,918 | +€5,614 | +76.9% |
| Other amounts payable | 47/48 | €92,080 | €100,540 | +€8,459 | +9.2% |
| Remuneration, social security and pensions | 62 | €54,611 | €98,728 | +€44,118 | +80.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,123 | €15,451 | +€2,329 | +17.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €1,716 | €0 | -€1,716 | -100% |
| Other operating charges | 640/8 | €2,603 | €3,772 | +€1,169 | +44.9% |
| Gross operating margin | 9900 | €169,189 | €232,047 | +€62,858 | +37.2% |
| Operating profit (loss) | 9901 | €97,136 | €114,095 | +€16,959 | +17.5% |
| Financial income | 75/76B | €4 | €0 | -€4 | -99.4% |
| Recurring financial income | 75 | €4 | €0 | -€4 | -99.4% |
| Financial charges | 65/66B | €896 | €1,018 | +€122 | +13.6% |
| Recurring financial charges | 65 | €896 | €1,018 | +€122 | +13.6% |
| Profit (loss) for the period before taxes | 9903 | €96,243 | €113,077 | +€16,833 | +17.5% |
| Income taxes | 67/77 | €3,828 | €6,446 | +€2,618 | +68.4% |
| Profit (loss) for the period | 9904 | €92,415 | €106,631 | +€14,215 | +15.4% |
| Profit (loss) for the period to be appropriated | 9905 | €92,415 | €106,631 | +€14,215 | +15.4% |
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 25 October 2026 via checked.be.