RED 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.
RED FOX
Largest movements
- Financial fixed assets +€30,000
up €30,000 (+15.4%), from €195,000 to €225,000
- Profit (loss) carried forward +€30,480
up €30,480 (+31.5%), from €96,708 to €127,188
- Financial charges -€90,006
no longer reported in 2025 (was €90,006)
of which Non-recurring financial charges: -€90,000
- Financial income +€30,000
new in 2025: €30,000
of which Financial income: +€30,000
- Taxes +€1,826
no longer reported in 2025 (was -€1,826)
- Gross operating margin +€1,805
up €1,805, from -€896 to €909
- Other operating charges -€347
down €347 (-44.7%), from €776 to €429
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €195,000 | €225,000 | +€30,000 | +15.4% |
| Fixed assets | 21/28 | €195,000 | €225,000 | +€30,000 | +15.4% |
| Financial fixed assets | 28 | €195,000 | €225,000 | +€30,000 | +15.4% |
| Total equity and liabilities | 10/49 | €195,000 | €225,000 | +€30,000 | +15.4% |
| Equity | 10/15 | €104,768 | €135,248 | +€30,480 | +29.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €96,708 | €127,188 | +€30,480 | +31.5% |
| Amounts payable | 17/49 | €90,232 | €89,752 | -€480 | -0.5% |
| Amounts payable within one year | 42/48 | €89,845 | €89,352 | -€493 | -0.5% |
| Trade debts | 44 | €1,477 | - | -€1,477 | |
| Suppliers | 440/4 | €1,477 | - | -€1,477 | |
| Other amounts payable | 47/48 | €88,368 | €89,352 | +€984 | +1.1% |
| Accrued charges and deferred income | 492/3 | €387 | €400 | +€12 | +3.2% |
| Other operating charges | 640/8 | €776 | €429 | -€347 | -44.7% |
| Gross operating margin | 9900 | -€896 | €909 | +€1,805 | |
| Operating profit (loss) | 9901 | -€1,672 | €480 | +€2,152 | |
| Financial income | 75/76B | - | €30,000 | +€30,000 | |
| Recurring financial income | 75 | - | €30,000 | +€30,000 | |
| Non-recurring financial income | 76B | - | €30,000 | +€30,000 | |
| Financial charges | 65/66B | €90,006 | - | -€90,006 | |
| Recurring financial charges | 65 | €6 | - | -€6 | |
| Non-recurring financial charges | 66B | €90,000 | - | -€90,000 | |
| Profit (loss) for the period before taxes | 9903 | -€91,678 | €30,480 | +€122,158 | |
| Income taxes | 67/77 | -€1,826 | - | +€1,826 | |
| Profit (loss) for the period | 9904 | -€89,852 | €30,480 | +€120,332 | |
| Profit (loss) for the period to be appropriated | 9905 | -€89,852 | €30,480 | +€120,332 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.