Vitrerie FOX: 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.
Vitrerie FOX
Largest movements
- Cash -€297,216
down €297,216 (-56.8%), from €523,362 to €226,146
mainly Contributions, distributions and other (-€460,000) and Trade debts (-€31,857)
- Receivables within one year -€57,134
down €57,134 (-37.7%), from €151,721 to €94,587
of which Trade receivables: -€54,391
- Profit (loss) carried forward -€321,065
down €321,065 (-88.3%), from €363,634 to €42,568
- Trade debts -€31,857
down €31,857 (-73.0%), from €43,622 to €11,765
- Tax, wage and social debts +€15,813
up €15,813 (+119%), from €13,237 to €29,049
of which Taxes: +€15,650
- Gross operating margin -€12,898
down €12,898 (-3.4%), from €375,286 to €362,388
- Other operating charges +€11,225
up €11,225 (+124%), from €9,087 to €20,312
- Financial income +€8,728
up €8,728 (+278%), from €3,135 to €11,863
- Write-downs +€6,620
new in 2025: €6,620
- Taxes +€4,056
up €4,056 (+8.2%), from €49,561 to €53,617
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.
Derived cash bridge
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 | €724,079 | €381,604 | -€342,475 | -47.3% |
| Fixed assets | 21/28 | €35,573 | €35,573 | = | 0.0% |
| Tangible fixed assets | 22/27 | €33,837 | €33,837 | = | 0.0% |
| Land and buildings | 22 | €33,837 | €33,837 | = | 0.0% |
| Financial fixed assets | 28 | €1,735 | €1,735 | = | 0.0% |
| Current assets | 29/58 | €688,506 | €346,031 | -€342,475 | -49.7% |
| Stocks and contracts in progress | 3 | €12,591 | €19,169 | +€6,577 | +52.2% |
| Stocks | 30/36 | €12,591 | €19,169 | +€6,577 | +52.2% |
| Amounts receivable within one year | 40/41 | €151,721 | €94,587 | -€57,134 | -37.7% |
| Trade receivables | 40 | €147,125 | €92,733 | -€54,391 | -37.0% |
| Other amounts receivable | 41 | €4,596 | €1,854 | -€2,742 | -59.7% |
| Cash at bank and in hand | 54/58 | €523,362 | €226,146 | -€297,216 | -56.8% |
| Deferred charges and accrued income | 490/1 | €832 | €6,130 | +€5,298 | +637% |
| Total equity and liabilities | 10/49 | €724,079 | €381,604 | -€342,475 | -47.3% |
| Equity | 10/15 | €568,585 | €247,520 | -€321,065 | -56.5% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €142,952 | €142,952 | = | 0.0% |
| Non-distributable reserves | 130/1 | €10,270 | €68,833 | +€58,563 | +570% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Reserves not available under the articles | 1311 | - | €62,633 | +€62,633 | |
| Other | 1319 | €4,070 | - | -€4,070 | |
| Tax-exempt reserves | 132 | €23,848 | €23,848 | = | 0.0% |
| Distributable reserves | 133 | €108,833 | €50,270 | -€58,563 | -53.8% |
| Profit (loss) carried forward | 14 | €363,634 | €42,568 | -€321,065 | -88.3% |
| Amounts payable | 17/49 | €155,494 | €134,084 | -€21,410 | -13.8% |
| Amounts payable after more than one year | 17 | €90,258 | €84,544 | -€5,714 | -6.3% |
| Financial debts | 170/4 | €90,258 | €81,544 | -€8,714 | -9.7% |
| Other amounts payable | 178/9 | - | €3,000 | +€3,000 | |
| Amounts payable within one year | 42/48 | €65,236 | €49,528 | -€15,708 | -24.1% |
| Current portion of amounts payable after more than one year | 42 | €8,378 | €8,714 | +€336 | +4.0% |
| Trade debts | 44 | €43,622 | €11,765 | -€31,857 | -73.0% |
| Suppliers | 440/4 | €43,622 | €11,765 | -€31,857 | -73.0% |
| Taxes, remuneration and social security | 45 | €13,237 | €29,049 | +€15,813 | +119% |
| Taxes | 450/3 | €10,681 | €26,331 | +€15,650 | +147% |
| Remuneration and social security | 454/9 | €2,556 | €2,718 | +€163 | +6.4% |
| Accrued charges and deferred income | 492/3 | - | €12 | +€12 | |
| Non-recurring operating income | 76A | €16,528 | €13,000 | -€3,528 | -21.3% |
| Remuneration, social security and pensions | 62 | €146,079 | €149,749 | +€3,670 | +2.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €6,620 | +€6,620 | |
| Other operating charges | 640/8 | €9,087 | €20,312 | +€11,225 | +124% |
| Gross operating margin | 9900 | €375,286 | €362,388 | -€12,898 | -3.4% |
| Operating profit (loss) | 9901 | €220,120 | €185,707 | -€34,412 | -15.6% |
| Financial income | 75/76B | €3,135 | €11,863 | +€8,728 | +278% |
| Recurring financial income | 75 | €3,135 | €11,863 | +€8,728 | +278% |
| Financial charges | 65/66B | €3,091 | €5,018 | +€1,928 | +62.4% |
| Recurring financial charges | 65 | €3,091 | €5,018 | +€1,928 | +62.4% |
| Profit (loss) for the period before taxes | 9903 | €220,164 | €192,552 | -€27,612 | -12.5% |
| Income taxes | 67/77 | €49,561 | €53,617 | +€4,056 | +8.2% |
| Profit (loss) for the period | 9904 | €170,603 | €138,935 | -€31,668 | -18.6% |
| Profit (loss) for the period to be appropriated | 9905 | €170,603 | €138,935 | -€31,668 | -18.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.