FOXTILES: 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.
FOXTILES
Largest movements
- Tangible fixed assets -€26,141
down €26,141 (-10.3%), from €252,586 to €226,445
of which Furniture and vehicles: -€13,434
- Receivables within one year -€15,535
down €15,535 (-11.1%), from €140,340 to €124,804
of which Trade receivables: -€11,851
- Stocks and contracts -€14,157
down €14,157 (-41.0%), from €34,515 to €20,359
- Other debts -€37,020
down €37,020 (-28.9%), from €128,070 to €91,049
- Debts after one year -€31,204
down €31,204 (-48.9%), from €63,754 to €32,550
of which Financial debts: -€41,057
- Reserves +€23,500
up €23,500 (+18.7%), from €125,892 to €149,392
of which Distributable reserves: +€23,500
- Gross operating margin +€4,435
up €4,435 (+4.6%), from €96,366 to €100,802
- Depreciation +€4,392
up €4,392 (+9.5%), from €46,349 to €50,741
- Financial charges -€4,388
down €4,388 (-26.2%), from €16,760 to €12,371
- Taxes +€1,685
up €1,685 (+26.9%), from €6,269 to €7,954
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 | €490,714 | €439,236 | -€51,478 | -10.5% |
| Fixed assets | 21/28 | €252,586 | €226,445 | -€26,141 | -10.3% |
| Tangible fixed assets | 22/27 | €252,586 | €226,445 | -€26,141 | -10.3% |
| Land and buildings | 22 | €196,104 | €183,925 | -€12,179 | -6.2% |
| Plant, machinery and equipment | 23 | €1,756 | €1,228 | -€528 | -30.1% |
| Furniture and vehicles | 24 | €54,727 | €41,292 | -€13,434 | -24.5% |
| Current assets | 29/58 | €238,128 | €212,791 | -€25,337 | -10.6% |
| Stocks and contracts in progress | 3 | €34,515 | €20,359 | -€14,157 | -41.0% |
| Stocks | 30/36 | €34,515 | €20,359 | -€14,157 | -41.0% |
| Amounts receivable within one year | 40/41 | €140,340 | €124,804 | -€15,535 | -11.1% |
| Trade receivables | 40 | €97,859 | €86,008 | -€11,851 | -12.1% |
| Other amounts receivable | 41 | €42,481 | €38,796 | -€3,685 | -8.7% |
| Cash at bank and in hand | 54/58 | €63,273 | €67,628 | +€4,355 | +6.9% |
| Total equity and liabilities | 10/49 | €490,714 | €439,236 | -€51,478 | -10.5% |
| Equity | 10/15 | €199,299 | €220,429 | +€21,130 | +10.6% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €125,892 | €149,392 | +€23,500 | +18.7% |
| Non-distributable reserves | 130/1 | €992 | €992 | = | 0.0% |
| Legal reserve | 130 | €992 | €992 | = | 0.0% |
| Distributable reserves | 133 | €124,900 | €148,400 | +€23,500 | +18.8% |
| Profit (loss) carried forward | 14 | €281 | €331 | +€50 | +17.7% |
| Investment grants | 15 | €11,126 | €8,707 | -€2,420 | -21.7% |
| Amounts payable | 17/49 | €291,415 | €218,807 | -€72,608 | -24.9% |
| Amounts payable after more than one year | 17 | €63,754 | €32,550 | -€31,204 | -48.9% |
| Financial debts | 170/4 | €63,754 | €22,697 | -€41,057 | -64.4% |
| Trade debts | 175 | - | €9,854 | +€9,854 | |
| Amounts payable within one year | 42/48 | €216,426 | €178,507 | -€37,920 | -17.5% |
| Current portion of amounts payable after more than one year | 42 | €29,816 | €31,204 | +€1,388 | +4.7% |
| Trade debts | 44 | €40,253 | €35,709 | -€4,544 | -11.3% |
| Suppliers | 440/4 | €39,189 | €35,709 | -€3,480 | -8.9% |
| Bills of exchange payable | 441 | €1,064 | - | -€1,064 | |
| Taxes, remuneration and social security | 45 | €18,288 | €20,545 | +€2,257 | +12.3% |
| Taxes | 450/3 | €18,288 | €20,545 | +€2,257 | +12.3% |
| Other amounts payable | 47/48 | €128,070 | €91,049 | -€37,020 | -28.9% |
| Accrued charges and deferred income | 492/3 | €11,235 | €7,750 | -€3,485 | -31.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €46,349 | €50,741 | +€4,392 | +9.5% |
| Other operating charges | 640/8 | €8,362 | €8,605 | +€243 | +2.9% |
| Gross operating margin | 9900 | €96,366 | €100,802 | +€4,435 | +4.6% |
| Operating profit (loss) | 9901 | €41,655 | €41,456 | -€200 | -0.5% |
| Financial income | 75/76B | €2,422 | €2,420 | -€2 | -0.1% |
| Recurring financial income | 75 | €2,422 | €2,420 | -€2 | -0.1% |
| Financial charges | 65/66B | €16,760 | €12,371 | -€4,388 | -26.2% |
| Recurring financial charges | 65 | €16,760 | €12,371 | -€4,388 | -26.2% |
| Profit (loss) for the period before taxes | 9903 | €27,318 | €31,504 | +€4,187 | +15.3% |
| Income taxes | 67/77 | €6,269 | €7,954 | +€1,685 | +26.9% |
| Profit (loss) for the period | 9904 | €21,048 | €23,550 | +€2,502 | +11.9% |
| Profit (loss) for the period to be appropriated | 9905 | €21,048 | €23,550 | +€2,502 | +11.9% |
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.