ADAXION: 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.
ADAXION
Largest movements
- Cash +€54,603
up €54,603 (+26.1%), from €209,484 to €264,087
mainly Net result for the year (+€85,671) and Depreciation (+€4,858)
- Receivables within one year +€30,306
up €30,306 (+46.8%), from €64,812 to €95,117
of which Trade receivables: +€21,517
- Tangible fixed assets -€4,858
down €4,858 (-16.3%), from €29,796 to €24,938
of which Furniture and vehicles: -€3,004
- Reserves +€80,000
up €80,000 (+29.7%), from €269,380 to €349,380
- Tax, wage and social debts -€6,712
down €6,712 (-39.7%), from €16,911 to €10,199
of which Taxes: -€6,722
- Profit (loss) carried forward +€5,671
up €5,671 (+77.7%), from €7,302 to €12,972
- Gross operating margin -€59,791
down €59,791 (-32.3%), from €185,339 to €125,548
- Taxes -€19,605
down €19,605 (-36.6%), from €53,618 to €34,012
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 | €304,649 | €384,464 | +€79,815 | +26.2% |
| Fixed assets | 21/28 | €30,001 | €25,143 | -€4,858 | -16.2% |
| Tangible fixed assets | 22/27 | €29,796 | €24,938 | -€4,858 | -16.3% |
| Land and buildings | 22 | €18,399 | €17,445 | -€954 | -5.2% |
| Furniture and vehicles | 24 | €7,365 | €4,361 | -€3,004 | -40.8% |
| Other tangible fixed assets | 26 | €4,032 | €3,132 | -€900 | -22.3% |
| Financial fixed assets | 28 | €205 | €205 | = | 0.0% |
| Current assets | 29/58 | €274,647 | €359,321 | +€84,674 | +30.8% |
| Amounts receivable within one year | 40/41 | €64,812 | €95,117 | +€30,306 | +46.8% |
| Trade receivables | 40 | €53,725 | €75,242 | +€21,517 | +40.1% |
| Other amounts receivable | 41 | €11,087 | €19,875 | +€8,789 | +79.3% |
| Cash at bank and in hand | 54/58 | €209,484 | €264,087 | +€54,603 | +26.1% |
| Deferred charges and accrued income | 490/1 | €352 | €116 | -€235 | -66.9% |
| Total equity and liabilities | 10/49 | €304,649 | €384,464 | +€79,815 | +26.2% |
| Equity | 10/15 | €279,682 | €365,352 | +€85,671 | +30.6% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €269,380 | €349,380 | +€80,000 | +29.7% |
| Distributable reserves | 133 | €269,380 | €349,380 | +€80,000 | +29.7% |
| Profit (loss) carried forward | 14 | €7,302 | €12,972 | +€5,671 | +77.7% |
| Amounts payable | 17/49 | €24,967 | €19,111 | -€5,855 | -23.5% |
| Amounts payable within one year | 42/48 | €24,903 | €19,046 | -€5,857 | -23.5% |
| Trade debts | 44 | €7,992 | €8,847 | +€855 | +10.7% |
| Suppliers | 440/4 | €7,992 | €8,847 | +€855 | +10.7% |
| Taxes, remuneration and social security | 45 | €16,911 | €10,199 | -€6,712 | -39.7% |
| Taxes | 450/3 | €14,700 | €7,978 | -€6,722 | -45.7% |
| Remuneration and social security | 454/9 | €2,211 | €2,221 | +€10 | +0.4% |
| Accrued charges and deferred income | 492/3 | €64 | €66 | +€2 | +3.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,286 | €4,858 | +€572 | +13.4% |
| Other operating charges | 640/8 | €870 | €899 | +€28 | +3.2% |
| Gross operating margin | 9900 | €185,339 | €125,548 | -€59,791 | -32.3% |
| Operating profit (loss) | 9901 | €180,182 | €119,791 | -€60,391 | -33.5% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €97 | €108 | +€11 | +11.3% |
| Recurring financial charges | 65 | €97 | €108 | +€11 | +11.3% |
| Profit (loss) for the period before taxes | 9903 | €180,085 | €119,683 | -€60,402 | -33.5% |
| Income taxes | 67/77 | €53,618 | €34,012 | -€19,605 | -36.6% |
| Profit (loss) for the period | 9904 | €126,468 | €85,671 | -€40,797 | -32.3% |
| Profit (loss) for the period to be appropriated | 9905 | €126,468 | €85,671 | -€40,797 | -32.3% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.