FXF Ventures: 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.
FXF Ventures
Largest movements
- Cash -€22,591
down €22,591 (-52.7%), from €42,885 to €20,294
mainly Investment in fixed assets (net) (-€17,627) and Receivables within one year (-€16,472)
- Receivables within one year +€16,472
up €16,472 (+3742.8%), from €440 to €16,912
of which Trade receivables: +€16,887
- Tangible fixed assets +€14,801
up €14,801 (+800.6%), from €1,849 to €16,649
- Tax, wage and social debts +€5,422
up €5,422 (+164.3%), from €3,300 to €8,722
- Profit (loss) carried forward +€2,093
up €2,093 (+10.2%), from €20,476 to €22,569
- Other debts +€1,503
up €1,503 (+8.3%), from €18,103 to €19,606
- Trade debts -€1,233
down €1,233 (-30.5%), from €4,040 to €2,807
- Financial charges -€38,939
down €38,939 (-95.4%), from €40,832 to €1,894
- Depreciation +€1,408
up €1,408 (+99.3%), from €1,419 to €2,827
- Gross operating margin -€109
down €109 (-1.3%), from €8,228 to €8,119
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 | €47,864 | €56,080 | +€8,216 | +17.2% |
| Fixed assets | 21/28 | €1,849 | €16,649 | +€14,801 | +800.6% |
| Tangible fixed assets | 22/27 | €1,849 | €16,649 | +€14,801 | +800.6% |
| Furniture and vehicles | 24 | €1,849 | €16,649 | +€14,801 | +800.6% |
| Current assets | 29/58 | €46,015 | €39,431 | -€6,584 | -14.3% |
| Amounts receivable within one year | 40/41 | €440 | €16,912 | +€16,472 | +3742.8% |
| Trade receivables | 40 | - | €16,887 | +€16,887 | |
| Other amounts receivable | 41 | €440 | €25 | -€415 | -94.3% |
| Cash at bank and in hand | 54/58 | €42,885 | €20,294 | -€22,591 | -52.7% |
| Deferred charges and accrued income | 490/1 | €2,690 | €2,225 | -€466 | -17.3% |
| Total equity and liabilities | 10/49 | €47,864 | €56,080 | +€8,216 | +17.2% |
| Equity | 10/15 | €21,576 | €23,669 | +€2,093 | +9.7% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €100 | €100 | = | 0.0% |
| Non-distributable reserves | 130/1 | €100 | €100 | = | 0.0% |
| Reserves not available under the articles | 1311 | €100 | €100 | = | 0.0% |
| Profit (loss) carried forward | 14 | €20,476 | €22,569 | +€2,093 | +10.2% |
| Amounts payable | 17/49 | €26,288 | €32,411 | +€6,124 | +23.3% |
| Amounts payable within one year | 42/48 | €25,443 | €31,135 | +€5,693 | +22.4% |
| Trade debts | 44 | €4,040 | €2,807 | -€1,233 | -30.5% |
| Suppliers | 440/4 | €4,040 | €2,807 | -€1,233 | -30.5% |
| Taxes, remuneration and social security | 45 | €3,300 | €8,722 | +€5,422 | +164.3% |
| Taxes | 450/3 | €3,300 | €8,722 | +€5,422 | +164.3% |
| Other amounts payable | 47/48 | €18,103 | €19,606 | +€1,503 | +8.3% |
| Accrued charges and deferred income | 492/3 | €845 | €1,276 | +€431 | +51.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,419 | €2,827 | +€1,408 | +99.3% |
| Other operating charges | 640/8 | €966 | €931 | -€36 | -3.7% |
| Gross operating margin | 9900 | €8,228 | €8,119 | -€109 | -1.3% |
| Operating profit (loss) | 9901 | €5,843 | €4,361 | -€1,481 | -25.4% |
| Financial charges | 65/66B | €40,832 | €1,894 | -€38,939 | -95.4% |
| Recurring financial charges | 65 | €40,832 | €1,894 | -€38,939 | -95.4% |
| Profit (loss) for the period before taxes | 9903 | -€34,990 | €2,468 | +€37,458 | |
| Income taxes | 67/77 | €381 | €375 | -€6 | -1.6% |
| Profit (loss) for the period | 9904 | -€35,371 | €2,093 | +€37,464 | |
| Profit (loss) for the period to be appropriated | 9905 | -€35,371 | €2,093 | +€37,464 |
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 4 October 2026 via checked.be.