AIXXL: 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.
AIXXL
Largest movements
- Current investments +€95,000
up €95,000 (+119%), from €80,000 to €175,000
- Receivables within one year -€47,080
down €47,080 (-39.5%), from €119,187 to €72,106
of which Trade receivables: -€62,597
- Cash +€30,576
up €30,576 (+142%), from €21,536 to €52,112
mainly Net result for the year (+€83,441) and Receivables within one year (+€47,080)
- Tangible fixed assets -€16,696
down €16,696 (-4.9%), from €337,412 to €320,717
of which Furniture and vehicles: -€13,796
- Reserves +€83,000
up €83,000 (+18.0%), from €460,060 to €543,060
of which Distributable reserves: +€83,000
- Current portion of long-term debt -€19,811
down €19,811 (-76.9%), from €25,773 to €5,962
- Other debts -€18,682
down €18,682 (-82.3%), from €22,704 to €4,021
- Tax, wage and social debts +€12,120
up €12,120 (+63.1%), from €19,201 to €31,320
of which Remuneration and social security: +€9,921
- Gross operating margin -€140,176
down €140,176 (-48.6%), from €288,527 to €148,350
- Taxes -€40,608
down €40,608 (-54.2%), from €74,903 to €34,295
- Depreciation -€7,171
down €7,171 (-22.0%), from €32,585 to €25,414
- Write-downs -€5,438
down €5,438 (-78.8%), from €6,900 to €1,463
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €560,982 | €622,721 | +€61,739 | +11.0% |
| Fixed assets | 21/28 | €340,259 | €322,994 | -€17,266 | -5.1% |
| Intangible fixed assets | 21 | €2,817 | €2,247 | -€570 | -20.2% |
| Tangible fixed assets | 22/27 | €337,412 | €320,717 | -€16,696 | -4.9% |
| Land and buildings | 22 | €278,868 | €276,851 | -€2,017 | -0.7% |
| Plant, machinery and equipment | 23 | €1,924 | €1,042 | -€882 | -45.9% |
| Furniture and vehicles | 24 | €56,621 | €42,824 | -€13,796 | -24.4% |
| Financial fixed assets | 28 | €30 | €30 | = | 0.0% |
| Current assets | 29/58 | €220,723 | €299,727 | +€79,004 | +35.8% |
| Amounts receivable within one year | 40/41 | €119,187 | €72,106 | -€47,080 | -39.5% |
| Trade receivables | 40 | €118,821 | €56,224 | -€62,597 | -52.7% |
| Other amounts receivable | 41 | €366 | €15,883 | +€15,516 | +4,237% |
| Current investments | 50/53 | €80,000 | €175,000 | +€95,000 | +119% |
| Cash at bank and in hand | 54/58 | €21,536 | €52,112 | +€30,576 | +142% |
| Deferred charges and accrued income | 490/1 | - | €508 | +€508 | |
| Total equity and liabilities | 10/49 | €560,982 | €622,721 | +€61,739 | +11.0% |
| Equity | 10/15 | €467,190 | €550,631 | +€83,441 | +17.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €460,060 | €543,060 | +€83,000 | +18.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €460,060 | €543,060 | +€83,000 | +18.0% |
| Profit (loss) carried forward | 14 | €930 | €1,371 | +€441 | +47.5% |
| Amounts payable | 17/49 | €93,792 | €72,089 | -€21,703 | -23.1% |
| Amounts payable after more than one year | 17 | €19,556 | €13,594 | -€5,962 | -30.5% |
| Financial debts | 170/4 | €19,556 | €13,594 | -€5,962 | -30.5% |
| Amounts payable within one year | 42/48 | €73,975 | €57,608 | -€16,366 | -22.1% |
| Current portion of amounts payable after more than one year | 42 | €25,773 | €5,962 | -€19,811 | -76.9% |
| Trade debts | 44 | €6,297 | €11,842 | +€5,545 | +88.1% |
| Suppliers | 440/4 | €6,297 | €11,842 | +€5,545 | +88.1% |
| Advances received on contracts in progress | 46 | - | €4,462 | +€4,462 | |
| Taxes, remuneration and social security | 45 | €19,201 | €31,320 | +€12,120 | +63.1% |
| Taxes | 450/3 | €19,201 | €21,399 | +€2,199 | +11.5% |
| Remuneration and social security | 454/9 | €0 | €9,921 | +€9,921 | |
| Other amounts payable | 47/48 | €22,704 | €4,021 | -€18,682 | -82.3% |
| Accrued charges and deferred income | 492/3 | €261 | €887 | +€626 | +239% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,585 | €25,414 | -€7,171 | -22.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €6,900 | €1,463 | -€5,438 | -78.8% |
| Other operating charges | 640/8 | €4,039 | €1,791 | -€2,248 | -55.6% |
| Gross operating margin | 9900 | €288,527 | €148,350 | -€140,176 | -48.6% |
| Operating profit (loss) | 9901 | €245,002 | €119,683 | -€125,320 | -51.2% |
| Financial income | 75/76B | €143 | €591 | +€448 | +314% |
| Recurring financial income | 75 | €143 | €591 | +€448 | +314% |
| Financial charges | 65/66B | €2,208 | €2,538 | +€329 | +14.9% |
| Recurring financial charges | 65 | €2,208 | €2,538 | +€329 | +14.9% |
| Profit (loss) for the period before taxes | 9903 | €242,937 | €117,736 | -€125,201 | -51.5% |
| Income taxes | 67/77 | €74,903 | €34,295 | -€40,608 | -54.2% |
| Profit (loss) for the period | 9904 | €168,034 | €83,441 | -€84,593 | -50.3% |
| Profit (loss) for the period to be appropriated | 9905 | €168,034 | €83,441 | -€84,593 | -50.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.