FOX INVEST: 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 INVEST
Largest movements
- Cash -€16,403
down €16,403 (-73.9%), from €22,205 to €5,803
mainly Other debts (-€32,274) and Deferred charges and accrued income (-€3)
- Stocks and contracts -€9,250
down €9,250 (-8.0%), from €115,200 to €105,950
- Tangible fixed assets -€2,473
down €2,473 (-84.4%), from €2,929 to €456
of which Furniture and vehicles: -€1,539
- Other debts -€32,274
down €32,274 (-30.3%), from €106,560 to €74,286
- Trade debts +€1,634
up €1,634 (+6.3%), from €25,773 to €27,407
- Profit (loss) carried forward +€1,512
up €1,512 (+1.3%), from -€117,046 to -€115,534
- Gross operating margin -€2,011
down €2,011 (-23.6%), from €8,517 to €6,506
- Financial income -€186
down €186 (-74.6%), from €249 to €63
- Other operating charges +€124
up €124 (+7.8%), from €1,583 to €1,707
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 | €140,445 | €112,322 | -€28,122 | -20.0% |
| Fixed assets | 21/28 | €2,929 | €456 | -€2,473 | -84.4% |
| Tangible fixed assets | 22/27 | €2,929 | €456 | -€2,473 | -84.4% |
| Plant, machinery and equipment | 23 | €934 | - | -€934 | |
| Furniture and vehicles | 24 | €1,995 | €456 | -€1,539 | -77.2% |
| Current assets | 29/58 | €137,516 | €111,867 | -€25,649 | -18.7% |
| Stocks and contracts in progress | 3 | €115,200 | €105,950 | -€9,250 | -8.0% |
| Contracts in progress | 37 | €115,200 | €105,950 | -€9,250 | -8.0% |
| Cash at bank and in hand | 54/58 | €22,205 | €5,803 | -€16,403 | -73.9% |
| Deferred charges and accrued income | 490/1 | €111 | €114 | +€3 | +3.0% |
| Total equity and liabilities | 10/49 | €140,445 | €112,322 | -€28,122 | -20.0% |
| Equity | 10/15 | €1,896 | €3,408 | +€1,512 | +79.7% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €56,943 | €56,943 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €50,743 | €50,743 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€117,046 | -€115,534 | +€1,512 | +1.3% |
| Amounts payable | 17/49 | €138,548 | €108,914 | -€29,634 | -21.4% |
| Amounts payable within one year | 42/48 | €138,548 | €108,914 | -€29,634 | -21.4% |
| Trade debts | 44 | €25,773 | €27,407 | +€1,634 | +6.3% |
| Suppliers | 440/4 | €25,773 | €27,407 | +€1,634 | +6.3% |
| Taxes, remuneration and social security | 45 | €6,216 | €7,221 | +€1,006 | +16.2% |
| Taxes | 450/3 | €6,216 | €7,221 | +€1,006 | +16.2% |
| Other amounts payable | 47/48 | €106,560 | €74,286 | -€32,274 | -30.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,473 | €2,473 | -€0 | 0.0% |
| Other operating charges | 640/8 | €1,583 | €1,707 | +€124 | +7.8% |
| Gross operating margin | 9900 | €8,517 | €6,506 | -€2,011 | -23.6% |
| Operating profit (loss) | 9901 | €4,461 | €2,326 | -€2,134 | -47.8% |
| Financial income | 75/76B | €249 | €63 | -€186 | -74.6% |
| Recurring financial income | 75 | €249 | €63 | -€186 | -74.6% |
| Financial charges | 65/66B | €161 | €95 | -€67 | -41.3% |
| Recurring financial charges | 65 | €161 | €95 | -€67 | -41.3% |
| Profit (loss) for the period before taxes | 9903 | €4,549 | €2,295 | -€2,254 | -49.5% |
| Income taxes | 67/77 | €775 | €783 | +€8 | +1.0% |
| Profit (loss) for the period | 9904 | €3,773 | €1,512 | -€2,262 | -59.9% |
| Profit (loss) for the period to be appropriated | 9905 | €3,773 | €1,512 | -€2,262 | -59.9% |
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 27 October 2026 via checked.be.