FOX FLAMBE: 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 FLAMBE
Largest movements
- Receivables within one year -€35,575
down €35,575 (-42.6%), from €83,426 to €47,851
of which Trade receivables: -€32,120
- Intangible fixed assets -€8,000
down €8,000 (-11.1%), from €72,000 to €64,000
- Cash -€5,509
down €5,509 (-80.8%), from €6,822 to €1,313
mainly Trade debts (-€74,861) and Net result for the year (-€70,105)
- Other debts +€142,906
new in 2025: €142,906
- Trade debts -€74,861
down €74,861 (-85.6%), from €87,431 to €12,570
- Profit (loss) carried forward -€70,105
down €70,105 (-1,049%), from -€6,685 to -€76,790
- Advances received -€43,000
no longer reported in 2025 (was €43,000)
- Tax, wage and social debts -€5,548
down €5,548 (-47.5%), from €11,687 to €6,140
- Gross operating margin -€82,701
down €82,701, from €60,172 to -€22,529
- Staff costs +€19,548
up €19,548 (+107%), from €18,311 to €37,859
- Other operating charges -€15,363
down €15,363 (-99.5%), from €15,437 to €74
- Taxes -€5,876
no longer reported in 2025 (was €5,876)
- Financial charges -€1,206
down €1,206 (-65.3%), from €1,847 to €641
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 | €169,593 | €118,984 | -€50,609 | -29.8% |
| Fixed assets | 21/28 | €78,910 | €69,386 | -€9,525 | -12.1% |
| Intangible fixed assets | 21 | €72,000 | €64,000 | -€8,000 | -11.1% |
| Tangible fixed assets | 22/27 | €4,586 | €3,062 | -€1,525 | -33.2% |
| Plant, machinery and equipment | 23 | €3,287 | €2,328 | -€959 | -29.2% |
| Furniture and vehicles | 24 | €1,300 | €734 | -€566 | -43.6% |
| Financial fixed assets | 28 | €2,324 | €2,324 | = | 0.0% |
| Current assets | 29/58 | €90,683 | €49,599 | -€41,084 | -45.3% |
| Amounts receivable within one year | 40/41 | €83,426 | €47,851 | -€35,575 | -42.6% |
| Trade receivables | 40 | €60,130 | €28,009 | -€32,120 | -53.4% |
| Other amounts receivable | 41 | €23,296 | €19,841 | -€3,455 | -14.8% |
| Cash at bank and in hand | 54/58 | €6,822 | €1,313 | -€5,509 | -80.8% |
| Deferred charges and accrued income | 490/1 | €435 | €435 | = | 0.0% |
| Total equity and liabilities | 10/49 | €169,593 | €118,984 | -€50,609 | -29.8% |
| Equity | 10/15 | €27,474 | -€42,631 | -€70,105 | |
| Contributions | 10/11 | €6,200 | €8,059 | +€1,859 | +30.0% |
| Reserves | 13 | €27,959 | €26,100 | -€1,859 | -6.6% |
| Non-distributable reserves | 130/1 | €1,859 | - | -€1,859 | |
| Reserves not available under the articles | 1311 | €1,859 | - | -€1,859 | |
| Distributable reserves | 133 | €26,100 | €26,100 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€6,685 | -€76,790 | -€70,105 | -1,049% |
| Amounts payable | 17/49 | €142,119 | €161,616 | +€19,497 | +13.7% |
| Amounts payable within one year | 42/48 | €142,119 | €161,616 | +€19,497 | +13.7% |
| Trade debts | 44 | €87,431 | €12,570 | -€74,861 | -85.6% |
| Suppliers | 440/4 | €87,431 | €12,570 | -€74,861 | -85.6% |
| Advances received on contracts in progress | 46 | €43,000 | - | -€43,000 | |
| Taxes, remuneration and social security | 45 | €11,687 | €6,140 | -€5,548 | -47.5% |
| Taxes | 450/3 | €11,687 | €6,140 | -€5,548 | -47.5% |
| Other amounts payable | 47/48 | - | €142,906 | +€142,906 | |
| Remuneration, social security and pensions | 62 | €18,311 | €37,859 | +€19,548 | +107% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,525 | €9,525 | = | 0.0% |
| Other operating charges | 640/8 | €15,437 | €74 | -€15,363 | -99.5% |
| Gross operating margin | 9900 | €60,172 | -€22,529 | -€82,701 | |
| Operating profit (loss) | 9901 | €16,900 | -€69,987 | -€86,886 | |
| Financial income | 75/76B | €580 | €522 | -€57 | -9.9% |
| Recurring financial income | 75 | €580 | €522 | -€57 | -9.9% |
| Financial charges | 65/66B | €1,847 | €641 | -€1,206 | -65.3% |
| Recurring financial charges | 65 | €1,847 | €641 | -€1,206 | -65.3% |
| Profit (loss) for the period before taxes | 9903 | €15,632 | -€70,105 | -€85,737 | |
| Income taxes | 67/77 | €5,876 | - | -€5,876 | |
| Profit (loss) for the period | 9904 | €9,755 | -€70,105 | -€79,861 | |
| Profit (loss) for the period to be appropriated | 9905 | €9,755 | -€70,105 | -€79,861 |
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 31 October 2026 via checked.be.