FOXLEX: 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.
FOXLEX
Largest movements
- Cash +€29,774
up €29,774 (+28.1%), from €106,056 to €135,830
mainly Net result for the year (+€39,772) and Depreciation (+€11,514)
- Receivables within one year +€8,481
new in 2025: €8,481
of which Trade receivables: +€8,470
- Tangible fixed assets -€4,914
down €4,914 (-12.9%), from €37,955 to €33,041
- Reserves +€39,000
up €39,000 (+42.4%), from €92,000 to €131,000
- Debts after one year -€10,332
down €10,332 (-38.7%), from €26,692 to €16,359
- Gross operating margin -€2,078
down €2,078 (-18.2%), from €11,396 to €9,319
- Depreciation +€610
up €610 (+5.6%), from €10,904 to €11,514
- Financial income +€488
up €488 (+1.1%), from €45,073 to €45,561
- Financial charges -€159
down €159 (-5.6%), from €2,835 to €2,677
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 | €158,200 | €189,981 | +€31,780 | +20.1% |
| Fixed assets | 21/28 | €47,255 | €42,341 | -€4,914 | -10.4% |
| Tangible fixed assets | 22/27 | €37,955 | €33,041 | -€4,914 | -12.9% |
| Furniture and vehicles | 24 | €37,955 | €33,041 | -€4,914 | -12.9% |
| Financial fixed assets | 28 | €9,300 | €9,300 | = | 0.0% |
| Current assets | 29/58 | €110,946 | €147,640 | +€36,694 | +33.1% |
| Amounts receivable within one year | 40/41 | - | €8,481 | +€8,481 | |
| Trade receivables | 40 | - | €8,470 | +€8,470 | |
| Other amounts receivable | 41 | - | €11 | +€11 | |
| Cash at bank and in hand | 54/58 | €106,056 | €135,830 | +€29,774 | +28.1% |
| Deferred charges and accrued income | 490/1 | €4,890 | €3,329 | -€1,560 | -31.9% |
| Total equity and liabilities | 10/49 | €158,200 | €189,981 | +€31,780 | +20.1% |
| Equity | 10/15 | €97,698 | €136,637 | +€38,939 | +39.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Contributions outside capital | 11 | €5,000 | €5,000 | = | 0.0% |
| Other | 1109/19 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €92,000 | €131,000 | +€39,000 | +42.4% |
| Distributable reserves | 133 | €92,000 | €131,000 | +€39,000 | +42.4% |
| Profit (loss) carried forward | 14 | €698 | €637 | -€61 | -8.8% |
| Amounts payable | 17/49 | €60,502 | €53,344 | -€7,158 | -11.8% |
| Amounts payable after more than one year | 17 | €26,692 | €16,359 | -€10,332 | -38.7% |
| Financial debts | 170/4 | €26,692 | €16,359 | -€10,332 | -38.7% |
| Amounts payable within one year | 42/48 | €33,133 | €35,622 | +€2,490 | +7.5% |
| Current portion of amounts payable after more than one year | 42 | €10,332 | €11,193 | +€861 | +8.3% |
| Trade debts | 44 | €215 | €1,099 | +€885 | +412.2% |
| Suppliers | 440/4 | €215 | €1,099 | +€885 | +412.2% |
| Taxes, remuneration and social security | 45 | €7,594 | €7,080 | -€514 | -6.8% |
| Taxes | 450/3 | €7,594 | €7,080 | -€514 | -6.8% |
| Other amounts payable | 47/48 | €14,992 | €16,250 | +€1,258 | +8.4% |
| Accrued charges and deferred income | 492/3 | €678 | €1,363 | +€685 | +101.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,904 | €11,514 | +€610 | +5.6% |
| Other operating charges | 640/8 | €730 | €760 | +€30 | +4.1% |
| Gross operating margin | 9900 | €11,396 | €9,319 | -€2,078 | -18.2% |
| Operating profit (loss) | 9901 | -€238 | -€2,955 | -€2,717 | -1142.5% |
| Financial income | 75/76B | €45,073 | €45,561 | +€488 | +1.1% |
| Recurring financial income | 75 | €45,073 | €45,561 | +€488 | +1.1% |
| Financial charges | 65/66B | €2,835 | €2,677 | -€159 | -5.6% |
| Recurring financial charges | 65 | €2,835 | €2,677 | -€159 | -5.6% |
| Profit (loss) for the period before taxes | 9903 | €42,000 | €39,929 | -€2,071 | -4.9% |
| Income taxes | 67/77 | €168 | €157 | -€10 | -6.2% |
| Profit (loss) for the period | 9904 | €41,832 | €39,772 | -€2,061 | -4.9% |
| Profit (loss) for the period to be appropriated | 9905 | €41,832 | €39,772 | -€2,061 | -4.9% |
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 10 October 2026 via checked.be.