FOX-FIT: 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-FIT
Largest movements
- Receivables within one year +€19,265
up €19,265 (+40.8%), from €47,265 to €66,530
of which Other amounts receivable: +€16,944
- Tangible fixed assets -€3,790
down €3,790 (-28.9%), from €13,134 to €9,343
of which Plant, machinery and equipment: -€3,348
- Deferred charges and accrued income +€2,876
up €2,876 (+99.8%), from €2,882 to €5,758
- Tax, wage and social debts +€7,152
up €7,152 (+238%), from €3,000 to €10,153
- Reserves +€6,057
up €6,057 (+144%), from €4,219 to €10,276
- Trade debts +€5,320
up €5,320 (+23.2%), from €22,974 to €28,293
- Debts after one year -€3,880
down €3,880 (-38.6%), from €10,050 to €6,169
- Current portion of long-term debt +€1,693
up €1,693 (+19.4%), from €8,713 to €10,407
- Gross operating margin +€16,397
up €16,397 (+70.4%), from €23,298 to €39,695
- Write-downs +€5,239
new in 2025: €5,239
- Other operating charges +€5,219
up €5,219 (+405%), from €1,289 to €6,508
- Financial charges +€2,070
up €2,070 (+97.7%), from €2,119 to €4,188
- Depreciation +€840
up €840 (+19.2%), from €4,381 to €5,220
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 | €66,770 | €84,312 | +€17,542 | +26.3% |
| Fixed assets | 21/28 | €15,814 | €12,023 | -€3,790 | -24.0% |
| Tangible fixed assets | 22/27 | €13,134 | €9,343 | -€3,790 | -28.9% |
| Plant, machinery and equipment | 23 | €10,643 | €7,295 | -€3,348 | -31.5% |
| Furniture and vehicles | 24 | €156 | €0 | -€156 | -100% |
| Other tangible fixed assets | 26 | €2,335 | €2,049 | -€286 | -12.3% |
| Financial fixed assets | 28 | €2,680 | €2,680 | = | 0.0% |
| Current assets | 29/58 | €50,956 | €72,289 | +€21,333 | +41.9% |
| Amounts receivable within one year | 40/41 | €47,265 | €66,530 | +€19,265 | +40.8% |
| Trade receivables | 40 | €5,364 | €7,685 | +€2,320 | +43.3% |
| Other amounts receivable | 41 | €41,901 | €58,845 | +€16,944 | +40.4% |
| Cash at bank and in hand | 54/58 | €809 | €1 | -€808 | -99.9% |
| Deferred charges and accrued income | 490/1 | €2,882 | €5,758 | +€2,876 | +99.8% |
| Total equity and liabilities | 10/49 | €66,770 | €84,312 | +€17,542 | +26.3% |
| Equity | 10/15 | €15,069 | €21,126 | +€6,057 | +40.2% |
| Contributions | 10/11 | €10,850 | €10,850 | = | 0.0% |
| Reserves | 13 | €4,219 | €10,276 | +€6,057 | +144% |
| Distributable reserves | 133 | €4,219 | €10,276 | +€6,057 | +144% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €51,701 | €63,186 | +€11,485 | +22.2% |
| Amounts payable after more than one year | 17 | €10,050 | €6,169 | -€3,880 | -38.6% |
| Financial debts | 170/4 | €10,050 | €6,169 | -€3,880 | -38.6% |
| Amounts payable within one year | 42/48 | €41,269 | €56,867 | +€15,598 | +37.8% |
| Current portion of amounts payable after more than one year | 42 | €8,713 | €10,407 | +€1,693 | +19.4% |
| Financial debts | 43 | €6,582 | €8,015 | +€1,432 | +21.8% |
| Credit institutions | 430/8 | €6,582 | €8,015 | +€1,432 | +21.8% |
| Trade debts | 44 | €22,974 | €28,293 | +€5,320 | +23.2% |
| Suppliers | 440/4 | €22,974 | €28,293 | +€5,320 | +23.2% |
| Taxes, remuneration and social security | 45 | €3,000 | €10,153 | +€7,152 | +238% |
| Taxes | 450/3 | €3,000 | €10,153 | +€7,152 | +238% |
| Accrued charges and deferred income | 492/3 | €382 | €150 | -€232 | -60.7% |
| Remuneration, social security and pensions | 62 | €175 | €0 | -€175 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,381 | €5,220 | +€840 | +19.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €5,239 | +€5,239 | |
| Other operating charges | 640/8 | €1,289 | €6,508 | +€5,219 | +405% |
| Non-recurring operating charges | 66A | - | €11,040 | +€11,040 | |
| Gross operating margin | 9900 | €23,298 | €39,695 | +€16,397 | +70.4% |
| Operating profit (loss) | 9901 | €17,453 | €11,686 | -€5,767 | -33.0% |
| Financial income | 75/76B | €1,680 | €2,152 | +€472 | +28.1% |
| Recurring financial income | 75 | €1,680 | €2,152 | +€472 | +28.1% |
| Financial charges | 65/66B | €2,119 | €4,188 | +€2,070 | +97.7% |
| Recurring financial charges | 65 | €2,119 | €4,188 | +€2,070 | +97.7% |
| Profit (loss) for the period before taxes | 9903 | €17,014 | €9,650 | -€7,364 | -43.3% |
| Income taxes | 67/77 | €3,000 | €3,593 | +€593 | +19.8% |
| Profit (loss) for the period | 9904 | €14,014 | €6,057 | -€7,957 | -56.8% |
| Profit (loss) for the period to be appropriated | 9905 | €14,014 | €6,057 | -€7,957 | -56.8% |
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 23 October 2026 via checked.be.