RIXENFANT: 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.
RIXENFANT
Largest movements
- Cash -€262,274
down €262,274 (-31.4%), from €836,178 to €573,904
mainly Tax, wage and social debts (-€91,032) and Net result for the year (-€78,747)
- Receivables within one year +€25,615
up €25,615 (+188%), from €13,642 to €39,257
- Tax, wage and social debts -€91,032
down €91,032 (-29.8%), from €305,086 to €214,054
of which Remuneration and social security: -€71,126
- Profit (loss) carried forward -€78,747
down €78,747, from €60,808 to -€17,939
- Debts after one year -€29,928
down €29,928 (-20.2%), from €148,161 to €118,233
- Trade debts -€25,539
down €25,539 (-70.2%), from €36,361 to €10,822
- Investment grants -€10,000
down €10,000 (-45.6%), from €21,931 to €11,931
- Staff costs +€229,391
up €229,391 (+10.4%), from €2.2m to €2.4m
- Gross operating margin +€146,377
up €146,377 (+6.6%), from €2.2m to €2.4m
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €872,229 | €636,983 | -€235,246 | -27.0% |
| Fixed assets | 21/28 | €3,927 | €4,566 | +€639 | +16.3% |
| Tangible fixed assets | 22/27 | €3,927 | €4,566 | +€639 | +16.3% |
| Plant, machinery and equipment | 23 | €1,796 | €1,246 | -€550 | -30.6% |
| Furniture and vehicles | 24 | €1,977 | €3,166 | +€1,189 | +60.1% |
| Other tangible fixed assets | 26 | €154 | €154 | = | 0.0% |
| Current assets | 29/58 | €868,302 | €632,417 | -€235,885 | -27.2% |
| Amounts receivable within one year | 40/41 | €13,642 | €39,257 | +€25,615 | +188% |
| Trade receivables | 40 | €13,642 | €39,257 | +€25,615 | +188% |
| Cash at bank and in hand | 54/58 | €836,178 | €573,904 | -€262,274 | -31.4% |
| Deferred charges and accrued income | 490/1 | €18,482 | €19,256 | +€774 | +4.2% |
| Total equity and liabilities | 10/49 | €872,229 | €636,983 | -€235,246 | -27.0% |
| Equity | 10/15 | €382,621 | €293,874 | -€88,747 | -23.2% |
| Reserves | 13 | €299,882 | €299,882 | = | 0.0% |
| Profit (loss) carried forward | 14 | €60,808 | -€17,939 | -€78,747 | |
| Investment grants | 15 | €21,931 | €11,931 | -€10,000 | -45.6% |
| Amounts payable | 17/49 | €489,608 | €343,109 | -€146,499 | -29.9% |
| Amounts payable after more than one year | 17 | €148,161 | €118,233 | -€29,928 | -20.2% |
| Other amounts payable | 178/9 | €148,161 | €118,233 | -€29,928 | -20.2% |
| Amounts payable within one year | 42/48 | €341,447 | €224,876 | -€116,571 | -34.1% |
| Trade debts | 44 | €36,361 | €10,822 | -€25,539 | -70.2% |
| Suppliers | 440/4 | €36,361 | €10,822 | -€25,539 | -70.2% |
| Taxes, remuneration and social security | 45 | €305,086 | €214,054 | -€91,032 | -29.8% |
| Taxes | 450/3 | €22,171 | €2,265 | -€19,906 | -89.8% |
| Remuneration and social security | 454/9 | €282,915 | €211,789 | -€71,126 | -25.1% |
| Remuneration, social security and pensions | 62 | €2,207,843 | €2,437,234 | +€229,391 | +10.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,573 | €985 | -€588 | -37.4% |
| Other operating charges | 640/8 | - | €552 | +€552 | |
| Non-recurring operating charges | 66A | - | €20,000 | +€20,000 | |
| Gross operating margin | 9900 | €2,220,145 | €2,366,522 | +€146,377 | +6.6% |
| Operating profit (loss) | 9901 | €10,729 | -€92,249 | -€102,978 | |
| Financial income | 75/76B | €10,000 | €15,450 | +€5,450 | +54.5% |
| Recurring financial income | 75 | €10,000 | €15,450 | +€5,450 | +54.5% |
| Financial charges | 65/66B | €363 | €413 | +€50 | +13.8% |
| Recurring financial charges | 65 | €363 | €413 | +€50 | +13.8% |
| Profit (loss) for the period before taxes | 9903 | €20,366 | -€77,212 | -€97,578 | |
| Income taxes | 67/77 | - | €1,535 | +€1,535 | |
| Profit (loss) for the period | 9904 | €20,366 | -€78,747 | -€99,113 | |
| Profit (loss) for the period to be appropriated | 9905 | €20,366 | -€78,747 | -€99,113 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.