FOX ONE: 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 ONE
Largest movements
- Tangible fixed assets -€41,282
down €41,282 (-1.7%), from €2.4m to €2.3m
of which Land and buildings: -€25,425
- Debts after one year -€267,280
down €267,280 (-56.3%), from €474,811 to €207,531
- Other debts +€196,736
up €196,736 (+1,862%), from €10,563 to €207,299
- Gross operating margin -€19,494
down €19,494 (-17.4%), from €112,246 to €92,752
- Other operating charges -€10,406
down €10,406 (-62.5%), from €16,648 to €6,242
- Financial charges -€4,449
down €4,449 (-20.1%), from €22,184 to €17,735
- Taxes -€3,155
down €3,155 (-27.3%), from €11,548 to €8,393
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 | €2,368,046 | €2,319,791 | -€48,255 | -2.0% |
| Fixed assets | 21/28 | €2,360,343 | €2,319,061 | -€41,282 | -1.7% |
| Tangible fixed assets | 22/27 | €2,360,343 | €2,319,061 | -€41,282 | -1.7% |
| Land and buildings | 22 | €2,344,486 | €2,319,061 | -€25,425 | -1.1% |
| Plant, machinery and equipment | 23 | €15,857 | - | -€15,857 | |
| Current assets | 29/58 | €7,703 | €730 | -€6,973 | -90.5% |
| Amounts receivable within one year | 40/41 | - | €434 | +€434 | |
| Other amounts receivable | 41 | - | €434 | +€434 | |
| Cash at bank and in hand | 54/58 | €7,703 | €296 | -€7,407 | -96.2% |
| Total equity and liabilities | 10/49 | €2,368,046 | €2,319,791 | -€48,255 | -2.0% |
| Equity | 10/15 | €1,806,343 | €1,825,738 | +€19,395 | +1.1% |
| Contributions | 10/11 | €62,470 | €62,469 | -€1 | 0.0% |
| Capital | 10 | €62,470 | €62,469 | -€1 | 0.0% |
| Issued capital | 100 | €62,470 | €62,469 | -€1 | 0.0% |
| Revaluation surpluses | 12 | €1,846,491 | €1,846,492 | +€1 | 0.0% |
| Reserves | 13 | €25,250 | €25,250 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,250 | €6,250 | = | 0.0% |
| Legal reserve | 130 | €6,250 | €6,250 | = | 0.0% |
| Distributable reserves | 133 | €19,000 | €19,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€127,868 | -€108,473 | +€19,395 | +15.2% |
| Amounts payable | 17/49 | €561,703 | €494,052 | -€67,651 | -12.0% |
| Amounts payable after more than one year | 17 | €474,811 | €207,531 | -€267,280 | -56.3% |
| Financial debts | 170/4 | €474,811 | €207,531 | -€267,280 | -56.3% |
| Amounts payable within one year | 42/48 | €78,892 | €286,521 | +€207,629 | +263% |
| Current portion of amounts payable after more than one year | 42 | €24,749 | €27,280 | +€2,531 | +10.2% |
| Trade debts | 44 | €30 | - | -€30 | |
| Suppliers | 440/4 | €30 | - | -€30 | |
| Advances received on contracts in progress | 46 | €32,000 | €32,000 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €11,550 | €19,943 | +€8,393 | +72.7% |
| Taxes | 450/3 | €11,550 | €19,943 | +€8,393 | +72.7% |
| Other amounts payable | 47/48 | €10,563 | €207,299 | +€196,736 | +1,862% |
| Accrued charges and deferred income | 492/3 | €8,000 | - | -€8,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €41,028 | €41,282 | +€254 | +0.6% |
| Other operating charges | 640/8 | €16,648 | €6,242 | -€10,406 | -62.5% |
| Gross operating margin | 9900 | €112,246 | €92,752 | -€19,494 | -17.4% |
| Operating profit (loss) | 9901 | €54,570 | €45,227 | -€9,343 | -17.1% |
| Financial income | 75/76B | - | €295 | +€295 | |
| Recurring financial income | 75 | - | €295 | +€295 | |
| Financial charges | 65/66B | €22,184 | €17,735 | -€4,449 | -20.1% |
| Recurring financial charges | 65 | €22,184 | €17,735 | -€4,449 | -20.1% |
| Profit (loss) for the period before taxes | 9903 | €32,386 | €27,788 | -€4,598 | -14.2% |
| Income taxes | 67/77 | €11,548 | €8,393 | -€3,155 | -27.3% |
| Profit (loss) for the period | 9904 | €20,838 | €19,394 | -€1,444 | -6.9% |
| Profit (loss) for the period to be appropriated | 9905 | €20,838 | €19,394 | -€1,444 | -6.9% |
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 15 October 2026 via checked.be.