Fynix: 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.
What changed
Fynix
NACE 68.201, Renting and operating of own or leased residential real estate, excluding social housing
financial year 2026 compared with 2025filed annual accounts (NBB)
Net result for the year
€11,345
2025 · -€15,020+€26,364
Equity
€634,703
2025 · €623,705+€10,999
Cash
€5,449
2025 · €12,445-€6,996
Balance sheet total
€2.4m
2025 · €2.5m-€104,717
Largest movements
Assets
- Intangible fixed assets -€53,698
down €53,698 (-100%), from €53,698 to €0
- Tangible fixed assets -€42,645
down €42,645 (-1.8%), from €2.4m to €2.3m
of which Plant, machinery and equipment: -€31,411
Equity and liabilities
- Debts after one year -€94,470
down €94,470 (-10.0%), from €948,105 to €853,635
- Profit (loss) carried forward +€56,577
up €56,577 (+7.4%), from -€762,740 to -€706,164
- Reserves -€45,578
down €45,578 (-3.4%), from €1.3m to €1.3m
of which Tax-exempt reserves: -€45,578
Income statement
- Gross operating margin +€30,551
up €30,551 (+16.1%), from €189,227 to €219,778
- Depreciation -€16,906
down €16,906 (-9.6%), from €175,251 to €158,345
- Other operating charges +€10,962
up €10,962 (+82.3%), from €13,320 to €24,282
- Financial charges +€10,132
up €10,132 (+32.8%), from €30,874 to €41,006
From the 2025 result to the 2026 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.
Result 2025
-€15,020
Gross operating margin
+€30,551
Depreciation
+€16,906
Other operating charges
-€10,962
Financial income
+€3
Financial charges
-€10,132
Result 2026
€11,345
raises the resultlowers the result
Derived cash bridge
Derived from the 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
+€144,773
Investment
-€62,002
Financing
-€89,768
Cash 2025
€12,445
From operations (derived)
+€144,773
Net result for the year
+€11,345
Depreciation
+€158,345
Receivables within one year
+€442
Deferred charges and accrued income
+€935
Provisions
-€15,193
Trade debts
+€884
Other debts
-€15,390
Accrued charges and deferred income
+€3,405
Investment (derived)
-€62,002
Investment in fixed assets (net)
-€62,002
Financing
-€89,768
Debts after one year
-€94,470
Current portion of long-term debt
+€5,048
Contributions, distributions and other
-€346
Cash 2026
€5,449
brings cash intakes cash out
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,475,873 | €2,371,156 | -€104,717 | -4.2% |
| Fixed assets | 21/28 | €2,460,201 | €2,363,858 | -€96,343 | -3.9% |
| Intangible fixed assets | 21 | €53,698 | €0 | -€53,698 | -100% |
| Tangible fixed assets | 22/27 | €2,384,685 | €2,342,040 | -€42,645 | -1.8% |
| Land and buildings | 22 | €2,268,508 | €2,257,846 | -€10,662 | -0.5% |
| Plant, machinery and equipment | 23 | €115,385 | €83,974 | -€31,411 | -27.2% |
| Furniture and vehicles | 24 | €792 | €220 | -€572 | -72.3% |
| Financial fixed assets | 28 | €21,818 | €21,818 | = | 0.0% |
| Current assets | 29/58 | €15,672 | €7,299 | -€8,373 | -53.4% |
| Amounts receivable within one year | 40/41 | €962 | €520 | -€442 | -46.0% |
| Trade receivables | 40 | - | €520 | +€520 | |
| Other amounts receivable | 41 | €962 | €0 | -€962 | -100% |
| Cash at bank and in hand | 54/58 | €12,445 | €5,449 | -€6,996 | -56.2% |
| Deferred charges and accrued income | 490/1 | €2,265 | €1,330 | -€935 | -41.3% |
| Total equity and liabilities | 10/49 | €2,475,873 | €2,371,156 | -€104,717 | -4.2% |
| Equity | 10/15 | €623,705 | €634,703 | +€10,999 | +1.8% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €1,336,445 | €1,290,867 | -€45,578 | -3.4% |
| Non-distributable reserves | 130/1 | €5,000 | €5,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €5,000 | €5,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €1,175,024 | €1,129,446 | -€45,578 | -3.9% |
| Distributable reserves | 133 | €156,421 | €156,421 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€762,740 | -€706,164 | +€56,577 | +7.4% |
| Provisions and deferred taxes | 16 | €326,261 | €311,068 | -€15,193 | -4.7% |
| Deferred taxes | 168 | €326,261 | €311,068 | -€15,193 | -4.7% |
| Amounts payable | 17/49 | €1,525,907 | €1,425,385 | -€100,523 | -6.6% |
| Amounts payable after more than one year | 17 | €948,105 | €853,635 | -€94,470 | -10.0% |
| Financial debts | 170/4 | €948,105 | €853,635 | -€94,470 | -10.0% |
| Amounts payable within one year | 42/48 | €570,539 | €561,081 | -€9,458 | -1.7% |
| Current portion of amounts payable after more than one year | 42 | €144,292 | €149,340 | +€5,048 | +3.5% |
| Trade debts | 44 | €3,481 | €4,365 | +€884 | +25.4% |
| Suppliers | 440/4 | €3,481 | €4,365 | +€884 | +25.4% |
| Taxes, remuneration and social security | 45 | €96 | €96 | = | 0.0% |
| Taxes | 450/3 | €96 | €96 | = | 0.0% |
| Other amounts payable | 47/48 | €422,669 | €407,279 | -€15,390 | -3.6% |
| Accrued charges and deferred income | 492/3 | €7,263 | €10,668 | +€3,405 | +46.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €175,251 | €158,345 | -€16,906 | -9.6% |
| Other operating charges | 640/8 | €13,320 | €24,282 | +€10,962 | +82.3% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €189,227 | €219,778 | +€30,551 | +16.1% |
| Operating profit (loss) | 9901 | €657 | €37,151 | +€36,494 | +5,554% |
| Financial income | 75/76B | €4 | €7 | +€3 | +60.7% |
| Recurring financial income | 75 | €4 | €7 | +€3 | +60.7% |
| Financial charges | 65/66B | €30,874 | €41,006 | +€10,132 | +32.8% |
| Recurring financial charges | 65 | €30,874 | €41,006 | +€10,132 | +32.8% |
| Profit (loss) for the period before taxes | 9903 | -€30,212 | -€3,848 | +€26,364 | +87.3% |
| Transfer from deferred taxes | 780 | €15,193 | €15,193 | = | 0.0% |
| Profit (loss) for the period | 9904 | -€15,020 | €11,345 | +€26,364 | |
| Transfer from tax-exempt reserves | 789 | €45,578 | €45,578 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €30,558 | €56,923 | +€26,364 | +86.3% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.