FOX EXPRESS: 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 EXPRESS
Largest movements
- Receivables within one year -€24,149
down €24,149 (-13.7%), from €176,118 to €151,969
of which Trade receivables: -€25,013
- Cash +€6,924
up €6,924 (+72.5%), from €9,548 to €16,472
mainly Receivables within one year (+€24,149) and Accrued charges and deferred income (+€7,563)
- Tangible fixed assets -€3,815
down €3,815 (-35.7%), from €10,686 to €6,871
of which Furniture and vehicles: -€3,450
- Deferred charges and accrued income +€3,123
up €3,123 (+81.0%), from €3,857 to €6,980
- Profit (loss) carried forward -€24,033
down €24,033 (-20.9%), from €114,724 to €90,691
- Other debts -€8,547
no longer reported in 2024 (was €8,547)
- Accrued charges and deferred income +€7,563
up €7,563 (+2983.3%), from €254 to €7,817
- Tax, wage and social debts +€6,517
up €6,517 (+29.4%), from €22,174 to €28,690
of which Taxes: +€6,031
- Gross operating margin -€35,426
down €35,426 (-31.9%), from €110,902 to €75,476
- Taxes -€19,686
down €19,686 (-98.3%), from €20,032 to €346
- Other operating charges +€14,022
up €14,022 (+848.3%), from €1,653 to €15,675
- Staff costs +€11,004
up €11,004 (+16.9%), from €65,184 to €76,188
From the 2023 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
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €207,358 | €188,373 | -€18,985 | -9.2% |
| Formation expenses | 20 | €684 | - | -€684 | |
| Fixed assets | 21/28 | €17,150 | €12,953 | -€4,198 | -24.5% |
| Intangible fixed assets | 21 | €1,514 | €1,132 | -€382 | -25.3% |
| Tangible fixed assets | 22/27 | €10,686 | €6,871 | -€3,815 | -35.7% |
| Furniture and vehicles | 24 | €8,505 | €5,056 | -€3,450 | -40.6% |
| Leasing and similar rights | 25 | €2,181 | €1,815 | -€366 | -16.8% |
| Financial fixed assets | 28 | €4,950 | €4,950 | = | 0.0% |
| Current assets | 29/58 | €189,524 | €175,421 | -€14,103 | -7.4% |
| Amounts receivable within one year | 40/41 | €176,118 | €151,969 | -€24,149 | -13.7% |
| Trade receivables | 40 | €168,665 | €143,652 | -€25,013 | -14.8% |
| Other amounts receivable | 41 | €7,454 | €8,317 | +€863 | +11.6% |
| Cash at bank and in hand | 54/58 | €9,548 | €16,472 | +€6,924 | +72.5% |
| Deferred charges and accrued income | 490/1 | €3,857 | €6,980 | +€3,123 | +81.0% |
| Total equity and liabilities | 10/49 | €207,358 | €188,373 | -€18,985 | -9.2% |
| Equity | 10/15 | €144,724 | €120,691 | -€24,033 | -16.6% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Contributions outside capital | 11 | €30,000 | - | -€30,000 | |
| Other | 1109/19 | €30,000 | - | -€30,000 | |
| Profit (loss) carried forward | 14 | €114,724 | €90,691 | -€24,033 | -20.9% |
| Amounts payable | 17/49 | €62,634 | €67,683 | +€5,048 | +8.1% |
| Amounts payable within one year | 42/48 | €62,381 | €59,866 | -€2,515 | -4.0% |
| Trade debts | 44 | €31,660 | €31,176 | -€484 | -1.5% |
| Suppliers | 440/4 | €31,660 | €31,176 | -€484 | -1.5% |
| Taxes, remuneration and social security | 45 | €22,174 | €28,690 | +€6,517 | +29.4% |
| Taxes | 450/3 | €18,654 | €24,684 | +€6,031 | +32.3% |
| Remuneration and social security | 454/9 | €3,520 | €4,006 | +€486 | +13.8% |
| Other amounts payable | 47/48 | €8,547 | - | -€8,547 | |
| Accrued charges and deferred income | 492/3 | €254 | €7,817 | +€7,563 | +2983.3% |
| Remuneration, social security and pensions | 62 | €65,184 | €76,188 | +€11,004 | +16.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,160 | €6,903 | -€257 | -3.6% |
| Other operating charges | 640/8 | €1,653 | €15,675 | +€14,022 | +848.3% |
| Gross operating margin | 9900 | €110,902 | €75,476 | -€35,426 | -31.9% |
| Operating profit (loss) | 9901 | €36,905 | -€23,289 | -€60,195 | |
| Financial income | 75/76B | €327 | €77 | -€250 | -76.4% |
| Recurring financial income | 75 | €327 | €77 | -€250 | -76.4% |
| Financial charges | 65/66B | €1,083 | €475 | -€608 | -56.1% |
| Recurring financial charges | 65 | €1,083 | €475 | -€608 | -56.1% |
| Profit (loss) for the period before taxes | 9903 | €36,149 | -€23,687 | -€59,836 | |
| Income taxes | 67/77 | €20,032 | €346 | -€19,686 | -98.3% |
| Profit (loss) for the period | 9904 | €16,117 | -€24,033 | -€40,150 | |
| Profit (loss) for the period to be appropriated | 9905 | €16,117 | -€24,033 | -€40,150 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.