FOX DOCKS: 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 DOCKS
Largest movements
- Cash -€30,898
down €30,898 (-45.1%), from €68,486 to €37,588
mainly Stocks and contracts (-€25,358) and Tax, wage and social debts (-€22,287)
- Stocks and contracts +€25,358
up €25,358 (+13.3%), from €190,444 to €215,802
- Receivables within one year +€8,411
up €8,411 (+9.3%), from €90,331 to €98,742
of which Other amounts receivable: +€11,911
- Tangible fixed assets -€5,315
down €5,315 (-55.5%), from €9,574 to €4,260
of which Furniture and vehicles: -€3,440
- Debts after one year +€37,389
new in 2025: €37,389
- Tax, wage and social debts -€22,287
down €22,287 (-39.7%), from €56,148 to €33,861
of which Taxes: -€18,791
- Trade debts -€11,991
down €11,991 (-6.5%), from €184,313 to €172,322
- Current portion of long-term debt +€9,507
up €9,507, from €0 to €9,507
- Other debts -€8,858
down €8,858 (-100.0%), from €8,858 to €0
- Gross operating margin -€43,744
down €43,744 (-37.6%), from €116,411 to €72,666
- Staff costs -€32,915
down €32,915 (-32.2%), from €102,204 to €69,290
- Taxes -€1,671
down €1,671 (-100.0%), from €1,671 to €0
- Depreciation -€1,521
down €1,521 (-22.3%), from €6,836 to €5,315
- Financial income +€1,507
up €1,507 (+219.4%), from €687 to €2,195
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 | €359,046 | €356,603 | -€2,444 | -0.7% |
| Fixed assets | 21/28 | €9,785 | €4,471 | -€5,315 | -54.3% |
| Tangible fixed assets | 22/27 | €9,574 | €4,260 | -€5,315 | -55.5% |
| Land and buildings | 22 | €2,534 | €945 | -€1,589 | -62.7% |
| Plant, machinery and equipment | 23 | €1,207 | €921 | -€286 | -23.7% |
| Furniture and vehicles | 24 | €5,833 | €2,394 | -€3,440 | -59.0% |
| Financial fixed assets | 28 | €211 | €211 | = | 0.0% |
| Current assets | 29/58 | €349,261 | €352,132 | +€2,871 | +0.8% |
| Stocks and contracts in progress | 3 | €190,444 | €215,802 | +€25,358 | +13.3% |
| Stocks | 30/36 | €190,444 | €215,802 | +€25,358 | +13.3% |
| Amounts receivable within one year | 40/41 | €90,331 | €98,742 | +€8,411 | +9.3% |
| Trade receivables | 40 | €90,331 | €86,831 | -€3,500 | -3.9% |
| Other amounts receivable | 41 | - | €11,911 | +€11,911 | |
| Cash at bank and in hand | 54/58 | €68,486 | €37,588 | -€30,898 | -45.1% |
| Total equity and liabilities | 10/49 | €359,046 | €356,603 | -€2,444 | -0.7% |
| Equity | 10/15 | €109,728 | €103,524 | -€6,204 | -5.7% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | €3,000 | €3,000 | = | 0.0% |
| Distributable reserves | 133 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €76,728 | €70,524 | -€6,204 | -8.1% |
| Amounts payable | 17/49 | €249,318 | €253,078 | +€3,760 | +1.5% |
| Amounts payable after more than one year | 17 | - | €37,389 | +€37,389 | |
| Financial debts | 170/4 | - | €37,389 | +€37,389 | |
| Amounts payable within one year | 42/48 | €249,318 | €215,689 | -€33,629 | -13.5% |
| Current portion of amounts payable after more than one year | 42 | €0 | €9,507 | +€9,507 | |
| Trade debts | 44 | €184,313 | €172,322 | -€11,991 | -6.5% |
| Suppliers | 440/4 | €184,313 | €172,322 | -€11,991 | -6.5% |
| Taxes, remuneration and social security | 45 | €56,148 | €33,861 | -€22,287 | -39.7% |
| Taxes | 450/3 | €44,726 | €25,935 | -€18,791 | -42.0% |
| Remuneration and social security | 454/9 | €11,422 | €7,926 | -€3,496 | -30.6% |
| Other amounts payable | 47/48 | €8,858 | €0 | -€8,858 | -100.0% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €102,204 | €69,290 | -€32,915 | -32.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,836 | €5,315 | -€1,521 | -22.3% |
| Other operating charges | 640/8 | €177 | €582 | +€406 | +229.7% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €116,411 | €72,666 | -€43,744 | -37.6% |
| Operating profit (loss) | 9901 | €7,194 | -€2,520 | -€9,714 | |
| Financial income | 75/76B | €687 | €2,195 | +€1,507 | +219.4% |
| Recurring financial income | 75 | €687 | €2,195 | +€1,507 | +219.4% |
| Financial charges | 65/66B | €4,897 | €5,878 | +€981 | +20.0% |
| Recurring financial charges | 65 | €4,897 | €5,878 | +€981 | +20.0% |
| Profit (loss) for the period before taxes | 9903 | €2,984 | -€6,204 | -€9,187 | |
| Income taxes | 67/77 | €1,671 | €0 | -€1,671 | -100.0% |
| Profit (loss) for the period | 9904 | €1,313 | -€6,204 | -€7,517 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,313 | -€6,204 | -€7,517 |
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 3 October 2026 via checked.be.