FOXY: 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.
FOXY
Largest movements
- Tangible fixed assets -€26,071
down €26,071 (-10.3%), from €253,801 to €227,730
of which Land and buildings: -€23,530
- Receivables within one year -€11,349
down €11,349 (-14.2%), from €80,133 to €68,784
of which Other amounts receivable: -€9,637
- Cash +€3,683
up €3,683 (+27.7%), from €13,310 to €16,993
mainly Depreciation (+€26,071) and Receivables within one year (+€11,349)
- Debts after one year -€21,002
down €21,002 (-8.9%), from €236,879 to €215,877
- Trade debts -€8,367
down €8,367 (-50.0%), from €16,721 to €8,354
- Gross operating margin -€5,189
down €5,189 (-13.7%), from €37,744 to €32,555
- Taxes -€967
down €967 (-84.1%), from €1,149 to €182
- Financial charges -€805
down €805 (-12.9%), from €6,247 to €5,442
- Other operating charges -€686
down €686 (-14.0%), from €4,913 to €4,227
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 | €347,243 | €313,506 | -€33,737 | -9.7% |
| Fixed assets | 21/28 | €253,801 | €227,730 | -€26,071 | -10.3% |
| Tangible fixed assets | 22/27 | €253,801 | €227,730 | -€26,071 | -10.3% |
| Land and buildings | 22 | €243,859 | €220,329 | -€23,530 | -9.6% |
| Furniture and vehicles | 24 | €9,942 | €7,401 | -€2,542 | -25.6% |
| Current assets | 29/58 | €93,442 | €85,776 | -€7,666 | -8.2% |
| Amounts receivable within one year | 40/41 | €80,133 | €68,784 | -€11,349 | -14.2% |
| Trade receivables | 40 | €34,250 | €32,539 | -€1,712 | -5.0% |
| Other amounts receivable | 41 | €45,882 | €36,245 | -€9,637 | -21.0% |
| Cash at bank and in hand | 54/58 | €13,310 | €16,993 | +€3,683 | +27.7% |
| Total equity and liabilities | 10/49 | €347,243 | €313,506 | -€33,737 | -9.7% |
| Equity | 10/15 | €43,653 | €40,286 | -€3,366 | -7.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €35,593 | €32,226 | -€3,366 | -9.5% |
| Amounts payable | 17/49 | €303,591 | €273,220 | -€30,370 | -10.0% |
| Amounts payable after more than one year | 17 | €236,879 | €215,877 | -€21,002 | -8.9% |
| Financial debts | 170/4 | €236,879 | €215,877 | -€21,002 | -8.9% |
| Amounts payable within one year | 42/48 | €66,712 | €57,343 | -€9,368 | -14.0% |
| Current portion of amounts payable after more than one year | 42 | €22,681 | €21,002 | -€1,679 | -7.4% |
| Financial debts | 43 | €19,400 | €19,400 | = | 0.0% |
| Other loans | 439 | €19,400 | €19,400 | = | 0.0% |
| Trade debts | 44 | €16,721 | €8,354 | -€8,367 | -50.0% |
| Suppliers | 440/4 | €16,721 | €8,354 | -€8,367 | -50.0% |
| Taxes, remuneration and social security | 45 | €7,910 | €8,588 | +€678 | +8.6% |
| Taxes | 450/3 | €7,910 | €8,588 | +€678 | +8.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,738 | €26,071 | +€333 | +1.3% |
| Other operating charges | 640/8 | €4,913 | €4,227 | -€686 | -14.0% |
| Gross operating margin | 9900 | €37,744 | €32,555 | -€5,189 | -13.7% |
| Operating profit (loss) | 9901 | €7,093 | €2,257 | -€4,836 | -68.2% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €6,247 | €5,442 | -€805 | -12.9% |
| Recurring financial charges | 65 | €6,247 | €5,442 | -€805 | -12.9% |
| Profit (loss) for the period before taxes | 9903 | €846 | -€3,184 | -€4,030 | |
| Income taxes | 67/77 | €1,149 | €182 | -€967 | -84.1% |
| Profit (loss) for the period | 9904 | -€303 | -€3,366 | -€3,064 | -1012.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€303 | -€3,366 | -€3,064 | -1012.1% |
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 11 October 2026 via checked.be.