LA FOX BOX: 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.
LA FOX BOX
Largest movements
- Tangible fixed assets +€117,388
up €117,388 (+251%), from €46,778 to €164,166
of which Furniture and vehicles: +€118,670
- Cash +€90,743
up €90,743 (+402%), from €22,579 to €113,322
mainly Net result for the year (+€131,366) and Tax, wage and social debts (+€57,551)
- Deferred charges and accrued income +€29,073
new in 2025: €29,073
- Receivables within one year -€8,453
down €8,453 (-54.5%), from €15,513 to €7,061
of which Trade receivables: -€8,699
- Profit (loss) carried forward +€131,366
up €131,366 (+248%), from €52,925 to €184,292
- Tax, wage and social debts +€57,551
up €57,551 (+214%), from €26,834 to €84,385
of which Taxes: +€49,651
- Trade debts +€24,832
new in 2025: €24,832
- Other debts +€24,000
up €24,000 (+480%), from €5,000 to €29,000
- Advances received -€11,558
no longer reported in 2025 (was €11,558)
- Gross operating margin +€218,407
up €218,407 (+374%), from €58,399 to €276,807
- Staff costs +€55,880
new in 2025: €55,880
- Depreciation +€27,806
up €27,806 (+227%), from €12,249 to €40,055
- Taxes +€25,197
up €25,197 (+288%), from €8,749 to €33,946
- Financial charges +€11,940
up €11,940 (+1,716%), from €696 to €12,635
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 | €102,318 | €328,508 | +€226,191 | +221% |
| Fixed assets | 21/28 | €64,226 | €179,053 | +€114,827 | +179% |
| Intangible fixed assets | 21 | €15,908 | €13,136 | -€2,771 | -17.4% |
| Tangible fixed assets | 22/27 | €46,778 | €164,166 | +€117,388 | +251% |
| Plant, machinery and equipment | 23 | €2,641 | €1,359 | -€1,282 | -48.5% |
| Furniture and vehicles | 24 | €44,137 | €162,807 | +€118,670 | +269% |
| Financial fixed assets | 28 | €1,540 | €1,750 | +€210 | +13.6% |
| Current assets | 29/58 | €38,092 | €149,456 | +€111,364 | +292% |
| Amounts receivable within one year | 40/41 | €15,513 | €7,061 | -€8,453 | -54.5% |
| Trade receivables | 40 | €15,513 | €6,814 | -€8,699 | -56.1% |
| Other amounts receivable | 41 | - | €246 | +€246 | |
| Cash at bank and in hand | 54/58 | €22,579 | €113,322 | +€90,743 | +402% |
| Deferred charges and accrued income | 490/1 | - | €29,073 | +€29,073 | |
| Total equity and liabilities | 10/49 | €102,318 | €328,508 | +€226,191 | +221% |
| Equity | 10/15 | €58,925 | €190,292 | +€131,366 | +223% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €52,925 | €184,292 | +€131,366 | +248% |
| Amounts payable | 17/49 | €43,392 | €138,217 | +€94,824 | +219% |
| Amounts payable within one year | 42/48 | €43,392 | €138,217 | +€94,824 | +219% |
| Trade debts | 44 | - | €24,832 | +€24,832 | |
| Suppliers | 440/4 | - | €24,832 | +€24,832 | |
| Advances received on contracts in progress | 46 | €11,558 | - | -€11,558 | |
| Taxes, remuneration and social security | 45 | €26,834 | €84,385 | +€57,551 | +214% |
| Taxes | 450/3 | €26,834 | €76,486 | +€49,651 | +185% |
| Remuneration and social security | 454/9 | - | €7,899 | +€7,899 | |
| Other amounts payable | 47/48 | €5,000 | €29,000 | +€24,000 | +480% |
| Remuneration, social security and pensions | 62 | - | €55,880 | +€55,880 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,249 | €40,055 | +€27,806 | +227% |
| Other operating charges | 640/8 | €1,036 | €2,924 | +€1,888 | +182% |
| Gross operating margin | 9900 | €58,399 | €276,807 | +€218,407 | +374% |
| Operating profit (loss) | 9901 | €45,114 | €177,948 | +€132,834 | +294% |
| Financial charges | 65/66B | €696 | €12,635 | +€11,940 | +1,716% |
| Recurring financial charges | 65 | €696 | €12,635 | +€11,940 | +1,716% |
| Profit (loss) for the period before taxes | 9903 | €44,418 | €165,313 | +€120,894 | +272% |
| Income taxes | 67/77 | €8,749 | €33,946 | +€25,197 | +288% |
| Profit (loss) for the period | 9904 | €35,669 | €131,366 | +€95,698 | +268% |
| Profit (loss) for the period to be appropriated | 9905 | €35,669 | €131,366 | +€95,698 | +268% |
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 18 October 2026 via checked.be.