Young 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.
Young Fox
Largest movements
- Receivables within one year +€119,349
up €119,349 (+464.9%), from €25,670 to €145,019
of which Trade receivables: +€128,684
- Receivables after one year +€17,539
up €17,539 (+57.6%), from €30,445 to €47,984
- Tangible fixed assets +€5,017
up €5,017 (+2.9%), from €174,213 to €179,230
of which Other tangible fixed assets: +€7,575
- Other debts +€176,968
up €176,968 (+84.0%), from €210,744 to €387,712
- Reserves -€67,104
no longer reported in 2025 (was €67,104)
- Trade debts +€26,904
up €26,904 (+708.7%), from €3,796 to €30,700
- Gross operating margin +€74,212
up €74,212 (+51.1%), from €145,362 to €219,574
- Taxes +€18,122
up €18,122 (+99.8%), from €18,165 to €36,288
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 | €312,867 | €453,999 | +€141,132 | +45.1% |
| Fixed assets | 21/28 | €175,578 | €180,595 | +€5,017 | +2.9% |
| Tangible fixed assets | 22/27 | €174,213 | €179,230 | +€5,017 | +2.9% |
| Plant, machinery and equipment | 23 | €7,303 | €6,668 | -€634 | -8.7% |
| Furniture and vehicles | 24 | €128,783 | €126,859 | -€1,924 | -1.5% |
| Other tangible fixed assets | 26 | €38,128 | €45,703 | +€7,575 | +19.9% |
| Financial fixed assets | 28 | €1,365 | €1,365 | = | 0.0% |
| Current assets | 29/58 | €137,289 | €273,404 | +€136,115 | +99.1% |
| Amounts receivable after more than one year | 29 | €30,445 | €47,984 | +€17,539 | +57.6% |
| Other amounts receivable | 291 | €30,445 | €47,984 | +€17,539 | +57.6% |
| Amounts receivable within one year | 40/41 | €25,670 | €145,019 | +€119,349 | +464.9% |
| Trade receivables | 40 | €16,335 | €145,019 | +€128,684 | +787.8% |
| Other amounts receivable | 41 | €9,335 | - | -€9,335 | |
| Cash at bank and in hand | 54/58 | €78,821 | €77,455 | -€1,367 | -1.7% |
| Deferred charges and accrued income | 490/1 | €2,353 | €2,946 | +€593 | +25.2% |
| Total equity and liabilities | 10/49 | €312,867 | €453,999 | +€141,132 | +45.1% |
| Equity | 10/15 | €85,704 | €18,600 | -€67,104 | -78.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €67,104 | - | -€67,104 | |
| Distributable reserves | 133 | €67,104 | - | -€67,104 | |
| Amounts payable | 17/49 | €227,162 | €435,399 | +€208,236 | +91.7% |
| Amounts payable within one year | 42/48 | €226,662 | €434,899 | +€208,236 | +91.9% |
| Trade debts | 44 | €3,796 | €30,700 | +€26,904 | +708.7% |
| Suppliers | 440/4 | €3,796 | €30,700 | +€26,904 | +708.7% |
| Taxes, remuneration and social security | 45 | €12,122 | €16,486 | +€4,364 | +36.0% |
| Taxes | 450/3 | €11,574 | €15,415 | +€3,841 | +33.2% |
| Remuneration and social security | 454/9 | €548 | €1,071 | +€523 | +95.5% |
| Other amounts payable | 47/48 | €210,744 | €387,712 | +€176,968 | +84.0% |
| Accrued charges and deferred income | 492/3 | €500 | €500 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €11,215 | €11,415 | +€201 | +1.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €48,720 | €46,857 | -€1,862 | -3.8% |
| Other operating charges | 640/8 | €794 | €676 | -€118 | -14.9% |
| Gross operating margin | 9900 | €145,362 | €219,574 | +€74,212 | +51.1% |
| Operating profit (loss) | 9901 | €84,634 | €160,626 | +€75,992 | +89.8% |
| Financial income | 75/76B | €1,069 | €1,164 | +€94 | +8.8% |
| Recurring financial income | 75 | €1,069 | €1,164 | +€94 | +8.8% |
| Financial charges | 65/66B | €433 | €240 | -€193 | -44.6% |
| Recurring financial charges | 65 | €433 | €240 | -€193 | -44.6% |
| Profit (loss) for the period before taxes | 9903 | €85,270 | €161,549 | +€76,279 | +89.5% |
| Income taxes | 67/77 | €18,165 | €36,288 | +€18,122 | +99.8% |
| Profit (loss) for the period | 9904 | €67,104 | €125,262 | +€58,157 | +86.7% |
| Profit (loss) for the period to be appropriated | 9905 | €67,104 | €125,262 | +€58,157 | +86.7% |
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 2 October 2026 via checked.be.