AKXIO: 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.
AKXIO
Largest movements
- Receivables within one year +€2.9m
up €2.9m (+73.7%), from €3.9m to €6.7m
of which Other amounts receivable: +€2.5m
- Cash -€405,159
down €405,159 (-83.1%), from €487,303 to €82,144
mainly Receivables within one year (-€2.9m) and Debts after one year (-€481,626)
- Other debts +€2.8m
up €2.8m (+47.8%), from €5.9m to €8.7m
- Debts after one year -€481,626
down €481,626 (-65.9%), from €730,442 to €248,816
- Trade debts +€254,126
up €254,126 (+180.4%), from €140,850 to €394,976
- Current portion of long-term debt -€151,212
down €151,212 (-23.9%), from €632,839 to €481,626
- Financial income +€731,524
up €731,524 (+505545.1%), from €145 to €731,668
- Financial charges +€251,031
up €251,031 (+736.3%), from €34,092 to €285,122
- Staff costs -€34,571
down €34,571 (-63.3%), from €54,626 to €20,055
- Gross operating margin -€32,220
down €32,220 (-134.3%), from -€23,997 to -€56,216
- Other operating charges +€1,374
up €1,374 (+203.1%), from €676 to €2,051
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 | €12,296,175 | €14,748,477 | +€2.5m | +19.9% |
| Fixed assets | 21/28 | €7,931,219 | €7,931,219 | = | 0.0% |
| Financial fixed assets | 28 | €7,931,219 | €7,931,219 | = | 0.0% |
| Current assets | 29/58 | €4,364,957 | €6,817,259 | +€2.5m | +56.2% |
| Amounts receivable within one year | 40/41 | €3,877,653 | €6,734,843 | +€2.9m | +73.7% |
| Trade receivables | 40 | €151,720 | €477,172 | +€325,452 | +214.5% |
| Other amounts receivable | 41 | €3,725,933 | €6,257,671 | +€2.5m | +67.9% |
| Cash at bank and in hand | 54/58 | €487,303 | €82,144 | -€405,159 | -83.1% |
| Deferred charges and accrued income | 490/1 | - | €272 | +€272 | |
| Total equity and liabilities | 10/49 | €12,296,175 | €14,748,477 | +€2.5m | +19.9% |
| Equity | 10/15 | €4,859,526 | €4,877,516 | +€17,989 | +0.4% |
| Contributions | 10/11 | €2,035,000 | €2,035,000 | = | 0.0% |
| Reserves | 13 | €2,314,348 | €2,314,348 | = | 0.0% |
| Non-distributable reserves | 130/1 | €184,348 | €184,348 | = | 0.0% |
| Reserves not available under the articles | 1311 | €184,348 | €184,348 | = | 0.0% |
| Distributable reserves | 133 | €2,130,000 | €2,130,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €510,179 | €528,168 | +€17,989 | +3.5% |
| Amounts payable | 17/49 | €7,436,649 | €9,870,962 | +€2.4m | +32.7% |
| Amounts payable after more than one year | 17 | €730,442 | €248,816 | -€481,626 | -65.9% |
| Financial debts | 170/4 | €730,442 | €248,816 | -€481,626 | -65.9% |
| Amounts payable within one year | 42/48 | €6,666,148 | €9,582,087 | +€2.9m | +43.7% |
| Current portion of amounts payable after more than one year | 42 | €632,839 | €481,626 | -€151,212 | -23.9% |
| Trade debts | 44 | €140,850 | €394,976 | +€254,126 | +180.4% |
| Suppliers | 440/4 | €140,850 | €394,976 | +€254,126 | +180.4% |
| Taxes, remuneration and social security | 45 | €8,670 | €8,645 | -€25 | -0.3% |
| Taxes | 450/3 | €2,944 | €5,927 | +€2,983 | +101.3% |
| Remuneration and social security | 454/9 | €5,726 | €2,718 | -€3,007 | -52.5% |
| Other amounts payable | 47/48 | €5,883,789 | €8,696,840 | +€2.8m | +47.8% |
| Accrued charges and deferred income | 492/3 | €40,059 | €40,059 | = | 0.0% |
| Non-recurring operating income | 76A | €29 | €12,726 | +€12,696 | +43272.7% |
| Remuneration, social security and pensions | 62 | €54,626 | €20,055 | -€34,571 | -63.3% |
| Other operating charges | 640/8 | €676 | €2,051 | +€1,374 | +203.1% |
| Non-recurring operating charges | 66A | €69,955 | €235 | -€69,719 | -99.7% |
| Gross operating margin | 9900 | -€23,997 | -€56,216 | -€32,220 | -134.3% |
| Operating profit (loss) | 9901 | -€149,254 | -€78,557 | +€70,697 | +47.4% |
| Financial income | 75/76B | €145 | €731,668 | +€731,524 | +505545.1% |
| Recurring financial income | 75 | €145 | €731,668 | +€731,524 | +505545.1% |
| Financial charges | 65/66B | €34,092 | €285,122 | +€251,031 | +736.3% |
| Recurring financial charges | 65 | €34,092 | €285,122 | +€251,031 | +736.3% |
| Profit (loss) for the period before taxes | 9903 | -€183,201 | €367,989 | +€551,190 | |
| Profit (loss) for the period | 9904 | -€183,201 | €367,989 | +€551,190 | |
| Profit (loss) for the period to be appropriated | 9905 | -€183,201 | €367,989 | +€551,190 |
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 8 October 2026 via checked.be.