FXJ FINANCES: 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.
FXJ FINANCES
Largest movements
- Receivables after one year +€100,000
new in 2025: €100,000
- Financial fixed assets +€50,000
new in 2025: €50,000
- Receivables within one year +€30,576
up €30,576 (+40.1%), from €76,229 to €106,805
of which Trade receivables: +€23,760
- Cash -€20,967
down €20,967 (-24.3%), from €86,123 to €65,156
mainly Contributions, distributions and other (-€103,434) and Receivables after one year (-€100,000)
- Tangible fixed assets -€18,157
down €18,157 (-20.5%), from €88,721 to €70,565
of which Leasing and similar rights: -€17,000
- Other debts +€86,307
up €86,307 (+832%), from €10,374 to €96,682
- Profit (loss) carried forward +€43,360
up €43,360 (+47.2%), from €91,959 to €135,319
- Reserves -€33,434
down €33,434 (-65.0%), from €51,476 to €18,041
- Trade debts +€27,836
up €27,836 (+4,035%), from €690 to €28,526
- Short-term financial debts +€18,316
up €18,316 (+156%), from €11,772 to €30,088
- Gross operating margin +€75,917
up €75,917 (+77.7%), from €97,731 to €173,649
- Purchases and services -€74,315
no longer reported in 2025 (was €74,315)
- Turnover -€57,442
no longer reported in 2025 (was €57,442)
- Taxes +€16,699
up €16,699 (+98.8%), from €16,908 to €33,607
- Depreciation +€12,132
up €12,132 (+149%), from €8,126 to €20,257
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 | €255,358 | €393,881 | +€138,522 | +54.2% |
| Fixed assets | 21/28 | €88,721 | €120,565 | +€31,843 | +35.9% |
| Tangible fixed assets | 22/27 | €88,721 | €70,565 | -€18,157 | -20.5% |
| Furniture and vehicles | 24 | €8,984 | €7,828 | -€1,157 | -12.9% |
| Leasing and similar rights | 25 | €79,737 | €62,737 | -€17,000 | -21.3% |
| Financial fixed assets | 28 | - | €50,000 | +€50,000 | |
| Current assets | 29/58 | €166,637 | €273,316 | +€106,679 | +64.0% |
| Amounts receivable after more than one year | 29 | - | €100,000 | +€100,000 | |
| Other amounts receivable | 291 | - | €100,000 | +€100,000 | |
| Amounts receivable within one year | 40/41 | €76,229 | €106,805 | +€30,576 | +40.1% |
| Trade receivables | 40 | €11,284 | €35,044 | +€23,760 | +211% |
| Other amounts receivable | 41 | €64,945 | €71,760 | +€6,816 | +10.5% |
| Cash at bank and in hand | 54/58 | €86,123 | €65,156 | -€20,967 | -24.3% |
| Deferred charges and accrued income | 490/1 | €4,285 | €1,356 | -€2,929 | -68.4% |
| Total equity and liabilities | 10/49 | €255,358 | €393,881 | +€138,522 | +54.2% |
| Equity | 10/15 | €148,435 | €158,361 | +€9,926 | +6.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €51,476 | €18,041 | -€33,434 | -65.0% |
| Distributable reserves | 133 | €51,476 | €18,041 | -€33,434 | -65.0% |
| Profit (loss) carried forward | 14 | €91,959 | €135,319 | +€43,360 | +47.2% |
| Amounts payable | 17/49 | €106,923 | €235,520 | +€128,596 | +120% |
| Amounts payable after more than one year | 17 | €63,811 | €47,238 | -€16,573 | -26.0% |
| Financial debts | 170/4 | €63,811 | €47,238 | -€16,573 | -26.0% |
| Amounts payable within one year | 42/48 | €43,113 | €188,282 | +€145,169 | +337% |
| Current portion of amounts payable after more than one year | 42 | €15,984 | €16,573 | +€589 | +3.7% |
| Financial debts | 43 | €11,772 | €30,088 | +€18,316 | +156% |
| Other loans | 439 | €11,772 | €30,088 | +€18,316 | +156% |
| Trade debts | 44 | €690 | €28,526 | +€27,836 | +4,035% |
| Suppliers | 440/4 | €690 | €28,526 | +€27,836 | +4,035% |
| Taxes, remuneration and social security | 45 | €4,293 | €16,414 | +€12,121 | +282% |
| Taxes | 450/3 | €4,293 | €16,414 | +€12,121 | +282% |
| Other amounts payable | 47/48 | €10,374 | €96,682 | +€86,307 | +832% |
| Turnover | 70 | €57,442 | - | -€57,442 | |
| Goods, raw materials, services and sundry goods | 60/61 | €74,315 | - | -€74,315 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,126 | €20,257 | +€12,132 | +149% |
| Other operating charges | 640/8 | €5,071 | €6,670 | +€1,598 | +31.5% |
| Non-recurring operating charges | 66A | - | €203 | +€203 | |
| Gross operating margin | 9900 | €97,731 | €173,649 | +€75,917 | +77.7% |
| Operating profit (loss) | 9901 | €84,535 | €146,519 | +€61,984 | +73.3% |
| Financial income | 75/76B | €3,123 | €3,472 | +€349 | +11.2% |
| Recurring financial income | 75 | €3,123 | €3,472 | +€349 | +11.2% |
| Financial charges | 65/66B | €1,592 | €3,023 | +€1,431 | +89.9% |
| Recurring financial charges | 65 | €1,592 | €3,023 | +€1,431 | +89.9% |
| Profit (loss) for the period before taxes | 9903 | €86,066 | €146,967 | +€60,901 | +70.8% |
| Income taxes | 67/77 | €16,908 | €33,607 | +€16,699 | +98.8% |
| Profit (loss) for the period | 9904 | €69,158 | €113,360 | +€44,203 | +63.9% |
| Profit (loss) for the period to be appropriated | 9905 | €69,158 | €113,360 | +€44,203 | +63.9% |
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.