FYX: 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.
FYX
Largest movements
- Tangible fixed assets +€108,593
up €108,593 (+207.2%), from €52,405 to €160,998
of which Plant, machinery and equipment: +€119,990
- Intangible fixed assets +€83,756
up €83,756 (+116.3%), from €72,001 to €155,757
- Receivables within one year -€9,532
down €9,532 (-18.2%), from €52,390 to €42,857
of which Trade receivables: -€14,729
- Cash -€7,913
down €7,913 (-83.0%), from €9,538 to €1,626
mainly Net result for the year (-€517,445) and Investment in fixed assets (net) (-€251,644)
- Profit (loss) carried forward -€517,445
down €517,445 (-33.7%), from -€1.5m to -€2.1m
- Other debts +€393,811
up €393,811 (+43.8%), from €899,712 to €1.3m
- Trade debts +€301,867
up €301,867 (+79.8%), from €378,476 to €680,343
- Gross operating margin -€132,065
down €132,065 (-40.7%), from -€324,534 to -€456,599
- Depreciation +€32,732
up €32,732 (+123.2%), from €26,562 to €59,295
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 | €193,476 | €371,715 | +€178,239 | +92.1% |
| Fixed assets | 21/28 | €129,632 | €321,982 | +€192,349 | +148.4% |
| Intangible fixed assets | 21 | €72,001 | €155,757 | +€83,756 | +116.3% |
| Tangible fixed assets | 22/27 | €52,405 | €160,998 | +€108,593 | +207.2% |
| Plant, machinery and equipment | 23 | €1,878 | €121,868 | +€119,990 | +6390.1% |
| Furniture and vehicles | 24 | €50,056 | €38,854 | -€11,202 | -22.4% |
| Other tangible fixed assets | 26 | €472 | €276 | -€195 | -41.4% |
| Financial fixed assets | 28 | €5,226 | €5,226 | = | 0.0% |
| Current assets | 29/58 | €63,844 | €49,733 | -€14,111 | -22.1% |
| Stocks and contracts in progress | 3 | - | €2,830 | +€2,830 | |
| Stocks | 30/36 | - | €2,830 | +€2,830 | |
| Amounts receivable within one year | 40/41 | €52,390 | €42,857 | -€9,532 | -18.2% |
| Trade receivables | 40 | €38,200 | €23,471 | -€14,729 | -38.6% |
| Other amounts receivable | 41 | €14,190 | €19,387 | +€5,197 | +36.6% |
| Cash at bank and in hand | 54/58 | €9,538 | €1,626 | -€7,913 | -83.0% |
| Deferred charges and accrued income | 490/1 | €1,916 | €2,420 | +€504 | +26.3% |
| Total equity and liabilities | 10/49 | €193,476 | €371,715 | +€178,239 | +92.1% |
| Equity | 10/15 | -€1,310,408 | -€1,827,854 | -€517,445 | -39.5% |
| Contributions | 10/11 | €225,000 | €225,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,535,408 | -€2,052,854 | -€517,445 | -33.7% |
| Amounts payable | 17/49 | €1,503,884 | €2,199,568 | +€695,684 | +46.3% |
| Amounts payable after more than one year | 17 | €225,000 | €225,000 | = | 0.0% |
| Other amounts payable | 178/9 | €225,000 | €225,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €1,278,884 | €1,974,568 | +€695,684 | +54.4% |
| Trade debts | 44 | €378,476 | €680,343 | +€301,867 | +79.8% |
| Suppliers | 440/4 | €378,476 | €680,343 | +€301,867 | +79.8% |
| Taxes, remuneration and social security | 45 | €697 | €703 | +€6 | +0.9% |
| Taxes | 450/3 | €697 | €703 | +€6 | +0.9% |
| Other amounts payable | 47/48 | €899,712 | €1,293,522 | +€393,811 | +43.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,562 | €59,295 | +€32,732 | +123.2% |
| Other operating charges | 640/8 | €898 | €765 | -€133 | -14.8% |
| Gross operating margin | 9900 | -€324,534 | -€456,599 | -€132,065 | -40.7% |
| Operating profit (loss) | 9901 | -€351,995 | -€516,659 | -€164,664 | -46.8% |
| Financial income | 75/76B | €7 | €1,733 | +€1,726 | +24657.9% |
| Recurring financial income | 75 | €7 | €1,733 | +€1,726 | +24657.9% |
| Financial charges | 65/66B | €515 | €2,271 | +€1,757 | +341.4% |
| Recurring financial charges | 65 | €515 | €2,271 | +€1,757 | +341.4% |
| Profit (loss) for the period before taxes | 9903 | -€352,502 | -€517,197 | -€164,695 | -46.7% |
| Income taxes | 67/77 | €270 | €248 | -€22 | -8.2% |
| Profit (loss) for the period | 9904 | -€352,772 | -€517,445 | -€164,673 | -46.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€352,772 | -€517,445 | -€164,673 | -46.7% |
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 5 October 2026 via checked.be.