Quick Brown Foxes: 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.
Quick Brown Foxes
Largest movements
- Cash -€9,700
down €9,700 (-77.6%), from €12,500 to €2,800
mainly Tax, wage and social debts (-€7,844) and Net result for the year (-€5,237)
- Financial fixed assets +€2,000
up €2,000 (+23.4%), from €8,531 to €10,531
- Deferred charges and accrued income -€1,154
down €1,154 (-100.0%), from €1,154 to €0
- Tangible fixed assets -€743
down €743 (-48.6%), from €1,528 to €786
- Tax, wage and social debts -€7,844
down €7,844 (-100.0%), from €7,844 to €0
of which Taxes: -€6,378
- Reserves -€5,237
down €5,237 (-46.2%), from €11,334 to €6,097
of which Distributable reserves: -€5,237
- Trade debts +€1,772
up €1,772 (+93.8%), from €1,889 to €3,661
- Accrued charges and deferred income +€1,500
new in 2025: €1,500
- Gross operating margin -€8,458
down €8,458, from €4,519 to -€3,939
- Financial income +€528
up €528 (+184.4%), from €286 to €814
- Financial charges -€262
down €262 (-22.4%), from €1,170 to €908
- Taxes -€128
down €128 (-100.0%), from €128 to €0
- Other operating charges -€51
down €51 (-9.9%), from €512 to €462
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 | €39,668 | €29,858 | -€9,810 | -24.7% |
| Fixed assets | 21/28 | €10,060 | €11,317 | +€1,257 | +12.5% |
| Tangible fixed assets | 22/27 | €1,528 | €786 | -€743 | -48.6% |
| Plant, machinery and equipment | 23 | €1,528 | €786 | -€743 | -48.6% |
| Financial fixed assets | 28 | €8,531 | €10,531 | +€2,000 | +23.4% |
| Current assets | 29/58 | €29,608 | €18,541 | -€11,067 | -37.4% |
| Amounts receivable within one year | 40/41 | €15,954 | €15,741 | -€214 | -1.3% |
| Trade receivables | 40 | €3,014 | €4,294 | +€1,280 | +42.5% |
| Other amounts receivable | 41 | €12,940 | €11,446 | -€1,494 | -11.5% |
| Cash at bank and in hand | 54/58 | €12,500 | €2,800 | -€9,700 | -77.6% |
| Deferred charges and accrued income | 490/1 | €1,154 | €0 | -€1,154 | -100.0% |
| Total equity and liabilities | 10/49 | €39,668 | €29,858 | -€9,810 | -24.7% |
| Equity | 10/15 | €29,934 | €24,697 | -€5,237 | -17.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €11,334 | €6,097 | -€5,237 | -46.2% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €11,334 | €6,097 | -€5,237 | -46.2% |
| Amounts payable | 17/49 | €9,734 | €5,161 | -€4,573 | -47.0% |
| Amounts payable within one year | 42/48 | €9,734 | €3,661 | -€6,073 | -62.4% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €1,889 | €3,661 | +€1,772 | +93.8% |
| Suppliers | 440/4 | €1,889 | €3,661 | +€1,772 | +93.8% |
| Taxes, remuneration and social security | 45 | €7,844 | €0 | -€7,844 | -100.0% |
| Taxes | 450/3 | €6,378 | €0 | -€6,378 | -100.0% |
| Remuneration and social security | 454/9 | €1,467 | €0 | -€1,467 | -100.0% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | - | €1,500 | +€1,500 | |
| Non-recurring operating income | 76A | - | €903 | +€903 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €743 | €743 | = | 0.0% |
| Other operating charges | 640/8 | €512 | €462 | -€51 | -9.9% |
| Gross operating margin | 9900 | €4,519 | -€3,939 | -€8,458 | |
| Operating profit (loss) | 9901 | €3,264 | -€5,143 | -€8,407 | |
| Financial income | 75/76B | €286 | €814 | +€528 | +184.4% |
| Recurring financial income | 75 | €286 | €814 | +€528 | +184.4% |
| Financial charges | 65/66B | €1,170 | €908 | -€262 | -22.4% |
| Recurring financial charges | 65 | €1,170 | €908 | -€262 | -22.4% |
| Profit (loss) for the period before taxes | 9903 | €2,380 | -€5,237 | -€7,618 | |
| Income taxes | 67/77 | €128 | €0 | -€128 | -100.0% |
| Profit (loss) for the period | 9904 | €2,252 | -€5,237 | -€7,490 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,252 | -€5,237 | -€7,490 |
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 8 October 2026 via checked.be.