Foxfin: what changed
Two fiscal 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.
Foxfin
Largest movements
- Current investments +€139,336
up €139,336 (+22.8%), from €611,800 to €751,136
- Receivables within one year +€92,444
up €92,444 (+68.9%), from €134,188 to €226,632
of which Other amounts receivable: +€133,833
- Tangible fixed assets -€76,261
down €76,261 (-11.9%), from €638,432 to €562,171
of which Land and buildings: -€48,188
- Cash -€23,657
down €23,657 (-4.0%), from €593,939 to €570,282
mainly Contributions, distributions and other (-€263,125) and Current investments (-€139,336)
- Other debts +€239,600
up €239,600 (+77.7%), from €308,449 to €548,049
- Reserves -€75,778
down €75,778 (-5.8%), from €1.3m to €1.2m
- Tax, wage and social debts -€30,733
down €30,733 (-41.3%), from €74,474 to €43,741
- Gross operating margin -€102,469
down €102,469 (-21.9%), from €467,698 to €365,229
- Taxes -€36,584
down €36,584 (-30.2%), from €121,106 to €84,523
- Depreciation +€5,218
up €5,218 (+6.4%), from €82,100 to €87,318
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.
Cash bridge derived
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 | €1,990,259 | €2,120,251 | +€129,991 | +6.5% |
| Fixed assets | 21/28 | €638,932 | €562,671 | -€76,261 | -11.9% |
| Tangible fixed assets | 22/27 | €638,432 | €562,171 | -€76,261 | -11.9% |
| Land and buildings | 22 | €466,516 | €418,329 | -€48,188 | -10.3% |
| Plant, machinery and equipment | 23 | €14,985 | €10,283 | -€4,702 | -31.4% |
| Furniture and vehicles | 24 | €80,832 | €57,460 | -€23,372 | -28.9% |
| Other tangible fixed assets | 26 | €76,099 | €76,099 | = | 0.0% |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €1,351,327 | €1,557,580 | +€206,253 | +15.3% |
| Amounts receivable within one year | 40/41 | €134,188 | €226,632 | +€92,444 | +68.9% |
| Trade receivables | 40 | €134,188 | €92,798 | -€41,390 | -30.8% |
| Other amounts receivable | 41 | - | €133,833 | +€133,833 | |
| Current investments | 50/53 | €611,800 | €751,136 | +€139,336 | +22.8% |
| Cash at bank and in hand | 54/58 | €593,939 | €570,282 | -€23,657 | -4.0% |
| Deferred charges and accrued income | 490/1 | €11,400 | €9,529 | -€1,871 | -16.4% |
| Total equity and liabilities | 10/49 | €1,990,259 | €2,120,251 | +€129,991 | +6.5% |
| Equity | 10/15 | €1,580,424 | €1,504,646 | -€75,778 | -4.8% |
| Contributions | 10/11 | €277,500 | €277,500 | = | 0.0% |
| Reserves | 13 | €1,302,924 | €1,227,146 | -€75,778 | -5.8% |
| Distributable reserves | 133 | €1,302,924 | €1,227,146 | -€75,778 | -5.8% |
| Amounts payable | 17/49 | €409,835 | €615,604 | +€205,770 | +50.2% |
| Amounts payable within one year | 42/48 | €392,480 | €600,614 | +€208,134 | +53.0% |
| Trade debts | 44 | €9,556 | €8,824 | -€732 | -7.7% |
| Suppliers | 440/4 | €9,556 | €8,824 | -€732 | -7.7% |
| Taxes, remuneration and social security | 45 | €74,474 | €43,741 | -€30,733 | -41.3% |
| Taxes | 450/3 | €74,474 | €43,741 | -€30,733 | -41.3% |
| Other amounts payable | 47/48 | €308,449 | €548,049 | +€239,600 | +77.7% |
| Accrued charges and deferred income | 492/3 | €17,355 | €14,990 | -€2,365 | -13.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €82,100 | €87,318 | +€5,218 | +6.4% |
| Other operating charges | 640/8 | €5,997 | €3,718 | -€2,279 | -38.0% |
| Gross operating margin | 9900 | €467,698 | €365,229 | -€102,469 | -21.9% |
| Operating profit (loss) | 9901 | €379,601 | €274,193 | -€105,408 | -27.8% |
| Financial income | 75/76B | €21,073 | €19,696 | -€1,378 | -6.5% |
| Recurring financial income | 75 | €21,073 | €19,696 | -€1,378 | -6.5% |
| Financial charges | 65/66B | €25,364 | €22,020 | -€3,345 | -13.2% |
| Recurring financial charges | 65 | €25,364 | €22,020 | -€3,345 | -13.2% |
| Profit (loss) for the period before taxes | 9903 | €375,310 | €271,869 | -€103,441 | -27.6% |
| Income taxes | 67/77 | €121,106 | €84,523 | -€36,584 | -30.2% |
| Profit (loss) for the period | 9904 | €254,203 | €187,346 | -€66,857 | -26.3% |
| Profit (loss) for the period to be appropriated | 9905 | €254,203 | €187,346 | -€66,857 | -26.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.