FOXYWELD: 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.
FOXYWELD
Largest movements
- Cash +€42,538
up €42,538 (+98.7%), from €43,102 to €85,640
mainly Depreciation (+€58,779) and Tax, wage and social debts (+€29,081)
- Tangible fixed assets +€24,982
up €24,982 (+3.6%), from €686,166 to €711,148
of which Plant, machinery and equipment: +€27,466
- Tax, wage and social debts +€29,081
up €29,081 (+66.6%), from €43,669 to €72,750
of which Remuneration and social security: +€21,536
- Trade debts +€25,601
up €25,601 (+20.8%), from €122,958 to €148,559
- Current portion of long-term debt +€16,802
up €16,802 (+40.3%), from €41,644 to €58,446
- Write-downs -€34,696
down €34,696 (-50.0%), from €69,391 to €34,696
- Gross operating margin -€29,654
down €29,654 (-6.5%), from €459,630 to €429,976
- Staff costs +€28,635
up €28,635 (+10.4%), from €275,156 to €303,791
- Depreciation +€11,484
up €11,484 (+24.3%), from €47,296 to €58,779
- Taxes -€5,752
down €5,752 (-59.3%), from €9,698 to €3,946
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 | €1,057,923 | €1,121,702 | +€63,779 | +6.0% |
| Fixed assets | 21/28 | €700,345 | €718,680 | +€18,335 | +2.6% |
| Intangible fixed assets | 21 | €9,659 | €7,533 | -€2,126 | -22.0% |
| Tangible fixed assets | 22/27 | €686,166 | €711,148 | +€24,982 | +3.6% |
| Land and buildings | 22 | €586,642 | €607,081 | +€20,439 | +3.5% |
| Plant, machinery and equipment | 23 | €44,597 | €72,063 | +€27,466 | +61.6% |
| Furniture and vehicles | 24 | €54,928 | €32,005 | -€22,923 | -41.7% |
| Financial fixed assets | 28 | €4,520 | - | -€4,520 | |
| Current assets | 29/58 | €357,578 | €403,022 | +€45,444 | +12.7% |
| Amounts receivable within one year | 40/41 | €314,475 | €317,381 | +€2,906 | +0.9% |
| Trade receivables | 40 | €300,742 | €315,184 | +€14,442 | +4.8% |
| Other amounts receivable | 41 | €13,733 | €2,198 | -€11,535 | -84.0% |
| Cash at bank and in hand | 54/58 | €43,102 | €85,640 | +€42,538 | +98.7% |
| Total equity and liabilities | 10/49 | €1,057,923 | €1,121,702 | +€63,779 | +6.0% |
| Equity | 10/15 | €341,254 | €345,846 | +€4,592 | +1.3% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Reserves | 13 | €318,381 | €322,973 | +€4,592 | +1.4% |
| Distributable reserves | 133 | €318,381 | €322,973 | +€4,592 | +1.4% |
| Profit (loss) carried forward | 14 | €2,413 | €2,413 | +€0 | 0.0% |
| Amounts payable | 17/49 | €716,669 | €775,856 | +€59,187 | +8.3% |
| Amounts payable after more than one year | 17 | €506,420 | €495,838 | -€10,582 | -2.1% |
| Financial debts | 170/4 | €506,420 | €495,838 | -€10,582 | -2.1% |
| Amounts payable within one year | 42/48 | €210,249 | €280,018 | +€69,769 | +33.2% |
| Current portion of amounts payable after more than one year | 42 | €41,644 | €58,446 | +€16,802 | +40.3% |
| Trade debts | 44 | €122,958 | €148,559 | +€25,601 | +20.8% |
| Suppliers | 440/4 | €122,958 | €148,559 | +€25,601 | +20.8% |
| Taxes, remuneration and social security | 45 | €43,669 | €72,750 | +€29,081 | +66.6% |
| Taxes | 450/3 | €16,267 | €23,812 | +€7,545 | +46.4% |
| Remuneration and social security | 454/9 | €27,402 | €48,938 | +€21,536 | +78.6% |
| Other amounts payable | 47/48 | €1,977 | €263 | -€1,714 | -86.7% |
| Remuneration, social security and pensions | 62 | €275,156 | €303,791 | +€28,635 | +10.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €47,296 | €58,779 | +€11,484 | +24.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €69,391 | €34,696 | -€34,696 | -50.0% |
| Other operating charges | 640/8 | €637 | €650 | +€12 | +1.9% |
| Non-recurring operating charges | 66A | €9 | €22 | +€13 | +151.0% |
| Gross operating margin | 9900 | €459,630 | €429,976 | -€29,654 | -6.5% |
| Operating profit (loss) | 9901 | €67,141 | €32,038 | -€35,104 | -52.3% |
| Financial income | 75/76B | €1 | €84 | +€83 | +6827.3% |
| Recurring financial income | 75 | €1 | €84 | +€83 | +6827.3% |
| Financial charges | 65/66B | €19,624 | €20,583 | +€959 | +4.9% |
| Recurring financial charges | 65 | €19,624 | €20,583 | +€959 | +4.9% |
| Profit (loss) for the period before taxes | 9903 | €47,519 | €11,539 | -€35,980 | -75.7% |
| Income taxes | 67/77 | €9,698 | €3,946 | -€5,752 | -59.3% |
| Profit (loss) for the period | 9904 | €37,821 | €7,592 | -€30,228 | -79.9% |
| Profit (loss) for the period to be appropriated | 9905 | €37,821 | €7,592 | -€30,228 | -79.9% |
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 1 October 2026 via checked.be.