Fyxt: 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.
Fyxt
Largest movements
- Stocks and contracts +€248,905
up €248,905 (+278.3%), from €89,445 to €338,350
of which Contracts in progress: +€260,706
- Receivables within one year -€209,072
down €209,072 (-19.1%), from €1.1m to €886,979
of which Trade receivables: -€109,064
- Cash -€59,349
down €59,349 (-29.5%), from €201,209 to €141,860
mainly Stocks and contracts (-€248,905) and Short-term financial debts (-€175,000)
- Tangible fixed assets -€33,300
down €33,300 (-43.7%), from €76,170 to €42,870
of which Other tangible fixed assets: -€27,769
- Trade debts +€190,333
up €190,333 (+73.3%), from €259,707 to €450,041
- Short-term financial debts -€175,000
down €175,000 (-35.0%), from €500,000 to €325,000
- Advances received -€152,224
down €152,224 (-47.1%), from €322,938 to €170,714
- Reserves +€65,530
up €65,530 (+49.9%), from €131,318 to €196,848
of which Distributable reserves: +€62,423
- Other debts +€32,487
up €32,487 (+72.2%), from €45,000 to €77,487
- Gross operating margin +€403,094
up €403,094 (+33.7%), from €1.2m to €1.6m
- Staff costs +€306,534
up €306,534 (+31.4%), from €977,453 to €1.3m
- Taxes +€30,154
up €30,154 (+97.1%), from €31,040 to €61,194
- Provisions -€20,140
no longer reported in 2025 (was €20,140)
- Write-downs +€17,332
new in 2025: €17,332
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 | €1,489,086 | €1,424,430 | -€64,656 | -4.3% |
| Formation expenses | 20 | €8,414 | €5,822 | -€2,592 | -30.8% |
| Fixed assets | 21/28 | €84,919 | €51,395 | -€33,524 | -39.5% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €76,170 | €42,870 | -€33,300 | -43.7% |
| Plant, machinery and equipment | 23 | €438 | €393 | -€45 | -10.3% |
| Furniture and vehicles | 24 | €16,077 | €10,592 | -€5,486 | -34.1% |
| Other tangible fixed assets | 26 | €59,654 | €31,885 | -€27,769 | -46.5% |
| Financial fixed assets | 28 | €8,749 | €8,525 | -€224 | -2.6% |
| Current assets | 29/58 | €1,395,753 | €1,367,212 | -€28,541 | -2.0% |
| Stocks and contracts in progress | 3 | €89,445 | €338,350 | +€248,905 | +278.3% |
| Stocks | 30/36 | €58,945 | €47,143 | -€11,801 | -20.0% |
| Contracts in progress | 37 | €30,500 | €291,206 | +€260,706 | +854.8% |
| Amounts receivable within one year | 40/41 | €1,096,051 | €886,979 | -€209,072 | -19.1% |
| Trade receivables | 40 | €769,647 | €660,583 | -€109,064 | -14.2% |
| Other amounts receivable | 41 | €326,404 | €226,396 | -€100,008 | -30.6% |
| Cash at bank and in hand | 54/58 | €201,209 | €141,860 | -€59,349 | -29.5% |
| Deferred charges and accrued income | 490/1 | €9,049 | €24 | -€9,025 | -99.7% |
| Total equity and liabilities | 10/49 | €1,489,086 | €1,424,430 | -€64,656 | -4.3% |
| Equity | 10/15 | €192,818 | €258,348 | +€65,530 | +34.0% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €131,318 | €196,848 | +€65,530 | +49.9% |
| Non-distributable reserves | 130/1 | €4,903 | €8,010 | +€3,107 | +63.4% |
| Legal reserve | 130 | €3,043 | €6,150 | +€3,107 | +102.1% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €929 | €929 | = | 0.0% |
| Distributable reserves | 133 | €125,486 | €187,909 | +€62,423 | +49.7% |
| Provisions and deferred taxes | 16 | €20,140 | €0 | -€20,140 | -100.0% |
| Provisions for liabilities and charges | 160/5 | €20,140 | €0 | -€20,140 | -100.0% |
| Other liabilities and charges | 164/5 | €20,140 | €0 | -€20,140 | -100.0% |
| Amounts payable | 17/49 | €1,276,127 | €1,166,082 | -€110,045 | -8.6% |
| Amounts payable within one year | 42/48 | €1,270,975 | €1,153,322 | -€117,653 | -9.3% |
| Financial debts | 43 | €500,000 | €325,000 | -€175,000 | -35.0% |
| Other loans | 439 | €500,000 | €325,000 | -€175,000 | -35.0% |
| Trade debts | 44 | €259,707 | €450,041 | +€190,333 | +73.3% |
| Suppliers | 440/4 | €259,707 | €450,041 | +€190,333 | +73.3% |
| Advances received on contracts in progress | 46 | €322,938 | €170,714 | -€152,224 | -47.1% |
| Taxes, remuneration and social security | 45 | €143,329 | €130,080 | -€13,249 | -9.2% |
| Taxes | 450/3 | €17,252 | €28,400 | +€11,148 | +64.6% |
| Remuneration and social security | 454/9 | €126,077 | €101,680 | -€24,397 | -19.4% |
| Other amounts payable | 47/48 | €45,000 | €77,487 | +€32,487 | +72.2% |
| Accrued charges and deferred income | 492/3 | €5,152 | €12,760 | +€7,608 | +147.7% |
| Non-recurring operating income | 76A | - | €7,178 | +€7,178 | |
| Remuneration, social security and pensions | 62 | €977,453 | €1,283,987 | +€306,534 | +31.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,148 | €35,985 | +€8,836 | +32.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €17,332 | +€17,332 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €20,140 | - | -€20,140 | |
| Other operating charges | 640/8 | €34,159 | €25,336 | -€8,823 | -25.8% |
| Gross operating margin | 9900 | €1,196,512 | €1,599,606 | +€403,094 | +33.7% |
| Operating profit (loss) | 9901 | €137,611 | €236,965 | +€99,355 | +72.2% |
| Financial income | 75/76B | €483 | €2,972 | +€2,489 | +515.5% |
| Recurring financial income | 75 | €483 | €2,972 | +€2,489 | +515.5% |
| Financial charges | 65/66B | €46,196 | €38,214 | -€7,982 | -17.3% |
| Recurring financial charges | 65 | €46,196 | €38,214 | -€7,982 | -17.3% |
| Profit (loss) for the period before taxes | 9903 | €91,898 | €201,724 | +€109,826 | +119.5% |
| Income taxes | 67/77 | €31,040 | €61,194 | +€30,154 | +97.1% |
| Profit (loss) for the period | 9904 | €60,858 | €140,530 | +€79,672 | +130.9% |
| Profit (loss) for the period to be appropriated | 9905 | €60,858 | €140,530 | +€79,672 | +130.9% |
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 6 October 2026 via checked.be.