MexxFisCo: 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.
MexxFisCo
Largest movements
- Current investments +€48,853
up €48,853 (+42.3%), from €115,413 to €164,266
- Cash +€41,410
up €41,410 (+23.8%), from €174,047 to €215,457
mainly Net result for the year (+€108,033) and Depreciation (+€13,815)
- Tangible fixed assets -€13,815
down €13,815 (-56.7%), from €24,344 to €10,529
- Receivables within one year +€12,723
up €12,723 (+36.2%), from €35,174 to €47,897
of which Trade receivables: +€11,871
- Reserves +€108,033
up €108,033 (+21.6%), from €501,083 to €609,116
of which Distributable reserves: +€108,033
- Tax, wage and social debts -€14,203
down €14,203 (-80.3%), from €17,696 to €3,493
- Gross operating margin +€32,230
up €32,230 (+20.2%), from €159,246 to €191,476
- Staff costs +€25,477
up €25,477 (+9,506%), from €268 to €25,745
- Taxes +€2,292
up €2,292 (+5.0%), from €45,511 to €47,803
- Depreciation +€1,959
up €1,959 (+16.5%), from €11,856 to €13,815
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 | €546,445 | €634,642 | +€88,197 | +16.1% |
| Fixed assets | 21/28 | €24,344 | €10,529 | -€13,815 | -56.7% |
| Tangible fixed assets | 22/27 | €24,344 | €10,529 | -€13,815 | -56.7% |
| Furniture and vehicles | 24 | €24,344 | €10,529 | -€13,815 | -56.7% |
| Current assets | 29/58 | €522,101 | €624,113 | +€102,012 | +19.5% |
| Amounts receivable after more than one year | 29 | €195,650 | €194,770 | -€880 | -0.4% |
| Other amounts receivable | 291 | €195,650 | €194,770 | -€880 | -0.4% |
| Amounts receivable within one year | 40/41 | €35,174 | €47,897 | +€12,723 | +36.2% |
| Trade receivables | 40 | €35,138 | €47,009 | +€11,871 | +33.8% |
| Other amounts receivable | 41 | €36 | €888 | +€852 | +2,367% |
| Current investments | 50/53 | €115,413 | €164,266 | +€48,853 | +42.3% |
| Cash at bank and in hand | 54/58 | €174,047 | €215,457 | +€41,410 | +23.8% |
| Deferred charges and accrued income | 490/1 | €1,817 | €1,723 | -€94 | -5.2% |
| Total equity and liabilities | 10/49 | €546,445 | €634,642 | +€88,197 | +16.1% |
| Equity | 10/15 | €507,520 | €615,553 | +€108,033 | +21.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €501,083 | €609,116 | +€108,033 | +21.6% |
| Tax-exempt reserves | 132 | €12,404 | €12,404 | = | 0.0% |
| Distributable reserves | 133 | €488,679 | €596,712 | +€108,033 | +22.1% |
| Profit (loss) carried forward | 14 | €237 | €237 | = | 0.0% |
| Amounts payable | 17/49 | €38,925 | €19,089 | -€19,836 | -51.0% |
| Amounts payable within one year | 42/48 | €38,925 | €19,089 | -€19,836 | -51.0% |
| Current portion of amounts payable after more than one year | 42 | €7,597 | €6,667 | -€930 | -12.2% |
| Trade debts | 44 | €9,502 | €8,929 | -€573 | -6.0% |
| Suppliers | 440/4 | €9,502 | €8,929 | -€573 | -6.0% |
| Taxes, remuneration and social security | 45 | €17,696 | €3,493 | -€14,203 | -80.3% |
| Taxes | 450/3 | €17,696 | €3,493 | -€14,203 | -80.3% |
| Other amounts payable | 47/48 | €4,130 | - | -€4,130 | |
| Remuneration, social security and pensions | 62 | €268 | €25,745 | +€25,477 | +9,506% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,856 | €13,815 | +€1,959 | +16.5% |
| Other operating charges | 640/8 | €387 | €401 | +€14 | +3.6% |
| Gross operating margin | 9900 | €159,246 | €191,476 | +€32,230 | +20.2% |
| Operating profit (loss) | 9901 | €146,735 | €151,515 | +€4,780 | +3.3% |
| Financial income | 75/76B | €3,942 | €4,875 | +€933 | +23.7% |
| Recurring financial income | 75 | €3,942 | €4,875 | +€933 | +23.7% |
| Financial charges | 65/66B | €946 | €554 | -€392 | -41.4% |
| Recurring financial charges | 65 | €946 | €554 | -€392 | -41.4% |
| Profit (loss) for the period before taxes | 9903 | €149,731 | €155,836 | +€6,105 | +4.1% |
| Income taxes | 67/77 | €45,511 | €47,803 | +€2,292 | +5.0% |
| Profit (loss) for the period | 9904 | €104,220 | €108,033 | +€3,813 | +3.7% |
| Profit (loss) for the period to be appropriated | 9905 | €104,220 | €108,033 | +€3,813 | +3.7% |
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 28 October 2026 via checked.be.