HUNGRY FOX: 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.
HUNGRY FOX
Largest movements
- Current investments +€44,765
up €44,765 (+111.9%), from €40,000 to €84,765
- Receivables within one year +€38,292
up €38,292 (+362.4%), from €10,566 to €48,858
of which Trade receivables: +€35,252
- Cash -€29,480
down €29,480 (-62.7%), from €47,048 to €17,568
mainly Current investments (-€44,765) and Receivables within one year (-€38,292)
- Deferred charges and accrued income +€12,031
new in 2025: €12,031
- Profit (loss) carried forward +€46,250
up €46,250 (+50.0%), from €92,421 to €138,671
- Other debts +€13,311
up €13,311 (+787.9%), from €1,689 to €15,000
- Tax, wage and social debts +€6,548
up €6,548 (+584.7%), from €1,120 to €7,668
- Trade debts -€1,851
down €1,851 (-63.2%), from €2,931 to €1,080
- Gross operating margin +€51,732
up €51,732 (+211.5%), from €24,458 to €76,190
- Taxes +€10,652
up €10,652 (+202.5%), from €5,260 to €15,912
- Financial income +€5,089
up €5,089 (+2423152.4%), from €0 to €5,089
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 | €100,012 | €164,269 | +€64,257 | +64.3% |
| Fixed assets | 21/28 | €2,398 | €1,047 | -€1,351 | -56.3% |
| Tangible fixed assets | 22/27 | €2,398 | €1,047 | -€1,351 | -56.3% |
| Furniture and vehicles | 24 | €2,398 | €1,047 | -€1,351 | -56.3% |
| Current assets | 29/58 | €97,613 | €163,222 | +€65,609 | +67.2% |
| Amounts receivable within one year | 40/41 | €10,566 | €48,858 | +€38,292 | +362.4% |
| Trade receivables | 40 | €10,566 | €45,817 | +€35,252 | +333.6% |
| Other amounts receivable | 41 | - | €3,041 | +€3,041 | |
| Current investments | 50/53 | €40,000 | €84,765 | +€44,765 | +111.9% |
| Cash at bank and in hand | 54/58 | €47,048 | €17,568 | -€29,480 | -62.7% |
| Deferred charges and accrued income | 490/1 | - | €12,031 | +€12,031 | |
| Total equity and liabilities | 10/49 | €100,012 | €164,269 | +€64,257 | +64.3% |
| Equity | 10/15 | €94,271 | €140,521 | +€46,250 | +49.1% |
| Contributions | 10/11 | €1,850 | €1,850 | = | 0.0% |
| Profit (loss) carried forward | 14 | €92,421 | €138,671 | +€46,250 | +50.0% |
| Amounts payable | 17/49 | €5,740 | €23,748 | +€18,008 | +313.7% |
| Amounts payable within one year | 42/48 | €5,740 | €23,748 | +€18,008 | +313.7% |
| Trade debts | 44 | €2,931 | €1,080 | -€1,851 | -63.2% |
| Suppliers | 440/4 | €2,931 | €1,080 | -€1,851 | -63.2% |
| Taxes, remuneration and social security | 45 | €1,120 | €7,668 | +€6,548 | +584.7% |
| Taxes | 450/3 | €1,120 | €7,668 | +€6,548 | +584.7% |
| Other amounts payable | 47/48 | €1,689 | €15,000 | +€13,311 | +787.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,664 | €1,351 | -€313 | -18.8% |
| Other operating charges | 640/8 | €303 | - | -€303 | |
| Gross operating margin | 9900 | €24,458 | €76,190 | +€51,732 | +211.5% |
| Operating profit (loss) | 9901 | €22,490 | €74,839 | +€52,348 | +232.8% |
| Financial income | 75/76B | €0 | €5,089 | +€5,089 | +2423152.4% |
| Recurring financial income | 75 | €0 | €5,089 | +€5,089 | +2423152.4% |
| Financial charges | 65/66B | €111 | €119 | +€8 | +7.4% |
| Recurring financial charges | 65 | €111 | €119 | +€8 | +7.4% |
| Profit (loss) for the period before taxes | 9903 | €22,380 | €79,809 | +€57,429 | +256.6% |
| Income taxes | 67/77 | €5,260 | €15,912 | +€10,652 | +202.5% |
| Profit (loss) for the period | 9904 | €17,119 | €63,897 | +€46,777 | +273.2% |
| Profit (loss) for the period to be appropriated | 9905 | €17,119 | €63,897 | +€46,777 | +273.2% |
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.