AAXE-ASSURANCES: 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.
AAXE-ASSURANCES
Largest movements
- Cash +€6,023
up €6,023 (+5.9%), from €101,637 to €107,660
mainly Other debts (+€8,809) and Depreciation (+€5,723)
- Tangible fixed assets -€2,553
down €2,553 (-33.6%), from €7,603 to €5,050
- Receivables within one year +€1,715
up €1,715 (+21.1%), from €8,143 to €9,858
of which Other amounts receivable: +€1,323
- Other debts +€8,809
up €8,809 (+64.3%), from €13,705 to €22,514
- Profit (loss) carried forward -€4,887
down €4,887 (-16.3%), from €30,000 to €25,113
- Trade debts +€2,580
up €2,580 (+25.3%), from €10,218 to €12,798
- Tax, wage and social debts -€1,508
down €1,508 (-15.5%), from €9,760 to €8,251
of which Taxes: -€1,160
- Gross operating margin +€7,585
up €7,585 (+20.4%), from €37,166 to €44,752
- Staff costs +€1,526
up €1,526 (+3.7%), from €41,465 to €42,991
- Taxes -€1,525
down €1,525 (-85.6%), from €1,781 to €256
- Financial charges -€882
down €882 (-88.8%), from €993 to €111
- Depreciation +€463
up €463 (+8.8%), from €5,260 to €5,723
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 | €120,743 | €125,737 | +€4,994 | +4.1% |
| Fixed assets | 21/28 | €7,603 | €5,050 | -€2,553 | -33.6% |
| Tangible fixed assets | 22/27 | €7,603 | €5,050 | -€2,553 | -33.6% |
| Furniture and vehicles | 24 | €7,603 | €5,050 | -€2,553 | -33.6% |
| Current assets | 29/58 | €113,139 | €120,687 | +€7,547 | +6.7% |
| Amounts receivable within one year | 40/41 | €8,143 | €9,858 | +€1,715 | +21.1% |
| Trade receivables | 40 | €8,143 | €8,535 | +€392 | +4.8% |
| Other amounts receivable | 41 | - | €1,323 | +€1,323 | |
| Cash at bank and in hand | 54/58 | €101,637 | €107,660 | +€6,023 | +5.9% |
| Deferred charges and accrued income | 490/1 | €3,359 | €3,168 | -€191 | -5.7% |
| Total equity and liabilities | 10/49 | €120,743 | €125,737 | +€4,994 | +4.1% |
| Equity | 10/15 | €87,060 | €82,173 | -€4,887 | -5.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €50,860 | €50,860 | = | 0.0% |
| Distributable reserves | 133 | €50,860 | €50,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €30,000 | €25,113 | -€4,887 | -16.3% |
| Amounts payable | 17/49 | €33,683 | €43,564 | +€9,881 | +29.3% |
| Amounts payable within one year | 42/48 | €33,683 | €43,564 | +€9,881 | +29.3% |
| Trade debts | 44 | €10,218 | €12,798 | +€2,580 | +25.3% |
| Suppliers | 440/4 | €10,218 | €12,798 | +€2,580 | +25.3% |
| Taxes, remuneration and social security | 45 | €9,760 | €8,251 | -€1,508 | -15.5% |
| Taxes | 450/3 | €3,367 | €2,207 | -€1,160 | -34.4% |
| Remuneration and social security | 454/9 | €6,393 | €6,044 | -€349 | -5.5% |
| Other amounts payable | 47/48 | €13,705 | €22,514 | +€8,809 | +64.3% |
| Remuneration, social security and pensions | 62 | €41,465 | €42,991 | +€1,526 | +3.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,260 | €5,723 | +€463 | +8.8% |
| Other operating charges | 640/8 | €1,769 | €1,335 | -€435 | -24.6% |
| Gross operating margin | 9900 | €37,166 | €44,752 | +€7,585 | +20.4% |
| Operating profit (loss) | 9901 | -€11,328 | -€5,297 | +€6,031 | +53.2% |
| Financial income | 75/76B | €329 | €777 | +€448 | +136% |
| Recurring financial income | 75 | €329 | €777 | +€448 | +136% |
| Financial charges | 65/66B | €993 | €111 | -€882 | -88.8% |
| Recurring financial charges | 65 | €993 | €111 | -€882 | -88.8% |
| Profit (loss) for the period before taxes | 9903 | -€11,992 | -€4,631 | +€7,362 | +61.4% |
| Income taxes | 67/77 | €1,781 | €256 | -€1,525 | -85.6% |
| Profit (loss) for the period | 9904 | -€13,774 | -€4,887 | +€8,887 | +64.5% |
| Transfer from tax-exempt reserves | 789 | €15,500 | - | -€15,500 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,726 | -€4,887 | -€6,613 |
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 1 November 2026 via checked.be.