FOXLAND: 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.
FOXLAND
Largest movements
- Tangible fixed assets -€21,377
down €21,377 (-13.5%), from €158,434 to €137,058
of which Land and buildings: -€20,009
- Receivables within one year +€9,016
up €9,016 (+47.1%), from €19,152 to €28,167
- Intangible fixed assets +€8,617
new in 2025: €8,617
- Cash -€3,618
down €3,618 (-45.7%), from €7,919 to €4,300
mainly Other debts (-€70,007) and Investment in fixed assets (net) (-€11,012)
- Profit (loss) carried forward +€343,993
up €343,993 (+73.2%), from -€469,825 to -€125,832
- Reserves -€282,070
down €282,070 (-96.8%), from €291,367 to €9,296
of which Distributable reserves: -€275,894
- Other debts -€70,007
down €70,007 (-24.4%), from €286,925 to €216,918
- Gross operating margin +€36,882
up €36,882 (+64.2%), from €57,473 to €94,355
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 | €199,813 | €192,011 | -€7,802 | -3.9% |
| Fixed assets | 21/28 | €158,434 | €145,675 | -€12,760 | -8.1% |
| Intangible fixed assets | 21 | - | €8,617 | +€8,617 | |
| Tangible fixed assets | 22/27 | €158,434 | €137,058 | -€21,377 | -13.5% |
| Land and buildings | 22 | €149,346 | €129,337 | -€20,009 | -13.4% |
| Plant, machinery and equipment | 23 | €9,088 | €6,219 | -€2,869 | -31.6% |
| Furniture and vehicles | 24 | - | €1,501 | +€1,501 | |
| Current assets | 29/58 | €41,379 | €46,336 | +€4,957 | +12.0% |
| Stocks and contracts in progress | 3 | €12,500 | €13,650 | +€1,150 | +9.2% |
| Stocks | 30/36 | €12,500 | €13,650 | +€1,150 | +9.2% |
| Amounts receivable within one year | 40/41 | €19,152 | €28,167 | +€9,016 | +47.1% |
| Trade receivables | 40 | €19,152 | €28,167 | +€9,016 | +47.1% |
| Cash at bank and in hand | 54/58 | €7,919 | €4,300 | -€3,618 | -45.7% |
| Deferred charges and accrued income | 490/1 | €1,808 | €218 | -€1,590 | -87.9% |
| Total equity and liabilities | 10/49 | €199,813 | €192,011 | -€7,802 | -3.9% |
| Equity | 10/15 | -€99,179 | -€37,257 | +€61,922 | +62.4% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Revaluation surpluses | 12 | €17,779 | €17,779 | = | 0.0% |
| Reserves | 13 | €291,367 | €9,296 | -€282,070 | -96.8% |
| Non-distributable reserves | 130/1 | €12,327 | €6,150 | -€6,177 | -50.1% |
| Legal reserve | 130 | €12,327 | €6,150 | -€6,177 | -50.1% |
| Tax-exempt reserves | 132 | €3,146 | €3,146 | = | 0.0% |
| Distributable reserves | 133 | €275,894 | €0 | -€275,894 | -100.0% |
| Profit (loss) carried forward | 14 | -€469,825 | -€125,832 | +€343,993 | +73.2% |
| Amounts payable | 17/49 | €298,992 | €229,268 | -€69,725 | -23.3% |
| Amounts payable after more than one year | 17 | €4,800 | €4,800 | = | 0.0% |
| Other amounts payable | 178/9 | €4,800 | €4,800 | = | 0.0% |
| Amounts payable within one year | 42/48 | €294,192 | €224,468 | -€69,725 | -23.7% |
| Trade debts | 44 | €3,726 | €3,924 | +€198 | +5.3% |
| Suppliers | 440/4 | €3,726 | €3,924 | +€198 | +5.3% |
| Taxes, remuneration and social security | 45 | €3,541 | €3,625 | +€84 | +2.4% |
| Taxes | 450/3 | €3,541 | €3,625 | +€84 | +2.4% |
| Other amounts payable | 47/48 | €286,925 | €216,918 | -€70,007 | -24.4% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,592 | €23,772 | -€820 | -3.3% |
| Other operating charges | 640/8 | €7,088 | €7,891 | +€802 | +11.3% |
| Non-recurring operating charges | 66A | €121 | €129 | +€8 | +6.9% |
| Gross operating margin | 9900 | €57,473 | €94,355 | +€36,882 | +64.2% |
| Operating profit (loss) | 9901 | €25,671 | €62,563 | +€36,892 | +143.7% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100.0% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100.0% |
| Financial charges | 65/66B | €140 | €141 | +€1 | +1.0% |
| Recurring financial charges | 65 | €140 | €141 | +€1 | +1.0% |
| Profit (loss) for the period before taxes | 9903 | €25,531 | €62,422 | +€36,891 | +144.5% |
| Income taxes | 67/77 | €479 | €499 | +€21 | +4.3% |
| Profit (loss) for the period | 9904 | €25,053 | €61,922 | +€36,870 | +147.2% |
| Profit (loss) for the period to be appropriated | 9905 | €25,053 | €61,922 | +€36,870 | +147.2% |
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 3 October 2026 via checked.be.