FOXTALES: 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.
FOXTALES
Largest movements
- Financial fixed assets -€37,125
down €37,125 (-55.6%), from €66,825 to €29,700
- Cash +€36,966
up €36,966 (+128.0%), from €28,888 to €65,854
mainly Net result for the year (+€42,282) and Investment in fixed assets (net) (+€37,125)
- Receivables within one year +€18,309
up €18,309 (+72.7%), from €25,190 to €43,499
of which Trade receivables: +€18,373
- Deferred charges and accrued income -€4,610
down €4,610 (-63.2%), from €7,297 to €2,687
- Tangible fixed assets -€2,167
down €2,167 (-37.3%), from €5,813 to €3,646
- Profit (loss) carried forward +€42,282
up €42,282 (+179.9%), from €23,500 to €65,782
- Other debts -€38,234
down €38,234 (-61.9%), from €61,803 to €23,569
- Tax, wage and social debts +€4,210
up €4,210 (+55.2%), from €7,627 to €11,837
of which Taxes: +€4,192
- Trade debts +€2,968
up €2,968 (+309.7%), from €958 to €3,927
- Gross operating margin +€25,952
up €25,952 (+88.8%), from €29,230 to €55,182
- Taxes +€3,994
up €3,994 (+49.2%), from €8,117 to €12,110
- Financial income -€2,468
down €2,468 (-51.7%), from €4,773 to €2,305
- Depreciation +€639
up €639 (+41.9%), from €1,527 to €2,167
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €134,012 | €145,386 | +€11,374 | +8.5% |
| Fixed assets | 21/28 | €72,638 | €33,346 | -€39,292 | -54.1% |
| Tangible fixed assets | 22/27 | €5,813 | €3,646 | -€2,167 | -37.3% |
| Furniture and vehicles | 24 | €5,813 | €3,646 | -€2,167 | -37.3% |
| Financial fixed assets | 28 | €66,825 | €29,700 | -€37,125 | -55.6% |
| Current assets | 29/58 | €61,374 | €112,040 | +€50,666 | +82.6% |
| Amounts receivable within one year | 40/41 | €25,190 | €43,499 | +€18,309 | +72.7% |
| Trade receivables | 40 | €24,200 | €42,573 | +€18,373 | +75.9% |
| Other amounts receivable | 41 | €990 | €926 | -€64 | -6.4% |
| Cash at bank and in hand | 54/58 | €28,888 | €65,854 | +€36,966 | +128.0% |
| Deferred charges and accrued income | 490/1 | €7,297 | €2,687 | -€4,610 | -63.2% |
| Total equity and liabilities | 10/49 | €134,012 | €145,386 | +€11,374 | +8.5% |
| Equity | 10/15 | €61,624 | €103,906 | +€42,282 | +68.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €19,524 | €19,524 | = | 0.0% |
| Distributable reserves | 133 | €19,524 | €19,524 | = | 0.0% |
| Profit (loss) carried forward | 14 | €23,500 | €65,782 | +€42,282 | +179.9% |
| Amounts payable | 17/49 | €72,388 | €41,480 | -€30,908 | -42.7% |
| Amounts payable within one year | 42/48 | €70,388 | €39,332 | -€31,056 | -44.1% |
| Trade debts | 44 | €958 | €3,927 | +€2,968 | +309.7% |
| Suppliers | 440/4 | €958 | €3,927 | +€2,968 | +309.7% |
| Taxes, remuneration and social security | 45 | €7,627 | €11,837 | +€4,210 | +55.2% |
| Taxes | 450/3 | €5,371 | €9,562 | +€4,192 | +78.0% |
| Remuneration and social security | 454/9 | €2,257 | €2,275 | +€18 | +0.8% |
| Other amounts payable | 47/48 | €61,803 | €23,569 | -€38,234 | -61.9% |
| Accrued charges and deferred income | 492/3 | €2,000 | €2,148 | +€148 | +7.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,527 | €2,167 | +€639 | +41.9% |
| Other operating charges | 640/8 | €800 | €873 | +€73 | +9.1% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €29,230 | €55,182 | +€25,952 | +88.8% |
| Operating profit (loss) | 9901 | €26,903 | €52,142 | +€25,240 | +93.8% |
| Financial income | 75/76B | €4,773 | €2,305 | -€2,468 | -51.7% |
| Recurring financial income | 75 | €4,773 | €2,305 | -€2,468 | -51.7% |
| Financial charges | 65/66B | €60 | €55 | -€5 | -8.5% |
| Recurring financial charges | 65 | €60 | €55 | -€5 | -8.5% |
| Profit (loss) for the period before taxes | 9903 | €31,616 | €54,393 | +€22,776 | +72.0% |
| Income taxes | 67/77 | €8,117 | €12,110 | +€3,994 | +49.2% |
| Profit (loss) for the period | 9904 | €23,500 | €42,282 | +€18,783 | +79.9% |
| Profit (loss) for the period to be appropriated | 9905 | €23,500 | €42,282 | +€18,783 | +79.9% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.