ROXIE: 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.
ROXIE
Largest movements
- Receivables after one year -€200,000
no longer reported in 2025 (was €200,000)
- Receivables within one year -€35,199
down €35,199 (-22.9%), from €153,724 to €118,525
of which Other amounts receivable: -€37,312
- Reserves -€119,000
down €119,000 (-59.8%), from €199,000 to €80,000
- Profit (loss) carried forward -€43,289
down €43,289 (-80.3%), from €53,931 to €10,642
- Contributions -€30,000
down €30,000 (-75.0%), from €40,000 to €10,000
- Tax, wage and social debts -€27,530
down €27,530 (-64.5%), from €42,701 to €15,172
- Other debts -€16,350
down €16,350 (-48.3%), from €33,850 to €17,500
- Gross operating margin -€23,465
down €23,465 (-23.5%), from €99,697 to €76,232
- Taxes -€7,631
down €7,631 (-25.3%), from €30,151 to €22,520
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 | €369,896 | €134,025 | -€235,871 | -63.8% |
| Fixed assets | 21/28 | €4,821 | €4,617 | -€203 | -4.2% |
| Tangible fixed assets | 22/27 | €4,821 | €4,617 | -€203 | -4.2% |
| Plant, machinery and equipment | 23 | €2,310 | €1,484 | -€826 | -35.7% |
| Other tangible fixed assets | 26 | €2,511 | €3,133 | +€622 | +24.8% |
| Current assets | 29/58 | €365,075 | €129,407 | -€235,668 | -64.6% |
| Amounts receivable after more than one year | 29 | €200,000 | - | -€200,000 | |
| Other amounts receivable | 291 | €200,000 | - | -€200,000 | |
| Amounts receivable within one year | 40/41 | €153,724 | €118,525 | -€35,199 | -22.9% |
| Trade receivables | 40 | €3,163 | €5,276 | +€2,113 | +66.8% |
| Other amounts receivable | 41 | €150,561 | €113,249 | -€37,312 | -24.8% |
| Cash at bank and in hand | 54/58 | €7,272 | €6,790 | -€483 | -6.6% |
| Deferred charges and accrued income | 490/1 | €4,079 | €4,093 | +€14 | +0.3% |
| Total equity and liabilities | 10/49 | €369,896 | €134,025 | -€235,871 | -63.8% |
| Equity | 10/15 | €292,931 | €100,642 | -€192,289 | -65.6% |
| Contributions | 10/11 | €40,000 | €10,000 | -€30,000 | -75.0% |
| Reserves | 13 | €199,000 | €80,000 | -€119,000 | -59.8% |
| Distributable reserves | 133 | €199,000 | €80,000 | -€119,000 | -59.8% |
| Profit (loss) carried forward | 14 | €53,931 | €10,642 | -€43,289 | -80.3% |
| Amounts payable | 17/49 | €76,964 | €33,383 | -€43,582 | -56.6% |
| Amounts payable within one year | 42/48 | €76,964 | €33,383 | -€43,582 | -56.6% |
| Trade debts | 44 | €413 | €711 | +€298 | +72.1% |
| Suppliers | 440/4 | €413 | €711 | +€298 | +72.1% |
| Taxes, remuneration and social security | 45 | €42,701 | €15,172 | -€27,530 | -64.5% |
| Taxes | 450/3 | €42,701 | €15,172 | -€27,530 | -64.5% |
| Other amounts payable | 47/48 | €33,850 | €17,500 | -€16,350 | -48.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €899 | €1,428 | +€530 | +59.0% |
| Other operating charges | 640/8 | €1,178 | €1,208 | +€30 | +2.6% |
| Gross operating margin | 9900 | €99,697 | €76,232 | -€23,465 | -23.5% |
| Operating profit (loss) | 9901 | €97,620 | €73,595 | -€24,025 | -24.6% |
| Financial income | 75/76B | €13,058 | €13,820 | +€762 | +5.8% |
| Recurring financial income | 75 | €13,058 | €13,820 | +€762 | +5.8% |
| Financial charges | 65/66B | €561 | €185 | -€377 | -67.1% |
| Recurring financial charges | 65 | €561 | €185 | -€377 | -67.1% |
| Profit (loss) for the period before taxes | 9903 | €110,117 | €87,231 | -€22,886 | -20.8% |
| Income taxes | 67/77 | €30,151 | €22,520 | -€7,631 | -25.3% |
| Profit (loss) for the period | 9904 | €79,966 | €64,711 | -€15,255 | -19.1% |
| Profit (loss) for the period to be appropriated | 9905 | €79,966 | €64,711 | -€15,255 | -19.1% |
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.