Outex: 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.
Outex
Largest movements
- Cash +€4,910
up €4,910 (+16.8%), from €29,183 to €34,093
mainly Net result for the year (+€3,272) and Investment in fixed assets (net) (+€1,051)
- Profit (loss) carried forward +€3,272
up €3,272 (+12.7%), from -€25,795 to -€22,522
- Gross operating margin +€1,883
up €1,883, from -€1,034 to €849
- Financial income +€335
up €335 (+13.1%), from €2,556 to €2,891
- Financial charges -€274
down €274 (-80.1%), from €343 to €68
- Other operating charges +€12
up €12 (+3.2%), from €387 to €400
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 | €119,423 | €122,695 | +€3,272 | +2.7% |
| Fixed assets | 21/28 | €50,603 | €49,552 | -€1,051 | -2.1% |
| Tangible fixed assets | 22/27 | €9,935 | €9,935 | = | 0.0% |
| Land and buildings | 22 | €9,935 | €9,935 | = | 0.0% |
| Financial fixed assets | 28 | €40,667 | €39,617 | -€1,051 | -2.6% |
| Current assets | 29/58 | €68,820 | €73,143 | +€4,323 | +6.3% |
| Amounts receivable within one year | 40/41 | €1,040 | €453 | -€587 | -56.4% |
| Other amounts receivable | 41 | €1,040 | €453 | -€587 | -56.4% |
| Current investments | 50/53 | €38,597 | €38,597 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €29,183 | €34,093 | +€4,910 | +16.8% |
| Total equity and liabilities | 10/49 | €119,423 | €122,695 | +€3,272 | +2.7% |
| Equity | 10/15 | €119,423 | €122,695 | +€3,272 | +2.7% |
| Contributions | 10/11 | €76,847 | €76,847 | = | 0.0% |
| Capital | 10 | €76,847 | €76,847 | = | 0.0% |
| Issued capital | 100 | €76,847 | €76,847 | = | 0.0% |
| Reserves | 13 | €68,370 | €68,370 | = | 0.0% |
| Non-distributable reserves | 130/1 | €22,758 | €22,758 | = | 0.0% |
| Legal reserve | 130 | €22,758 | €22,758 | = | 0.0% |
| Distributable reserves | 133 | €45,612 | €45,612 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€25,795 | -€22,522 | +€3,272 | +12.7% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | -€1,034 | €849 | +€1,883 | |
| Operating profit (loss) | 9901 | -€1,421 | €449 | +€1,870 | |
| Financial income | 75/76B | €2,556 | €2,891 | +€335 | +13.1% |
| Recurring financial income | 75 | €2,556 | €2,891 | +€335 | +13.1% |
| Financial charges | 65/66B | €343 | €68 | -€274 | -80.1% |
| Recurring financial charges | 65 | €343 | €68 | -€274 | -80.1% |
| Profit (loss) for the period before taxes | 9903 | €793 | €3,272 | +€2,479 | +312.7% |
| Profit (loss) for the period | 9904 | €793 | €3,272 | +€2,479 | +312.7% |
| Profit (loss) for the period to be appropriated | 9905 | €793 | €3,272 | +€2,479 | +312.7% |
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 28 September 2026 via checked.be.