ARXIS: 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.
ARXIS
Largest movements
- Receivables within one year +€258,813
up €258,813 (+191.5%), from €135,138 to €393,951
of which Trade receivables: +€209,440
- Cash -€47,314
down €47,314 (-18.9%), from €250,916 to €203,602
mainly Receivables within one year (-€258,813) and Contributions, distributions and other (-€145,462)
- Trade debts +€237,873
up €237,873 (+203.8%), from €116,720 to €354,593
- Other debts -€41,880
down €41,880 (-24.3%), from €172,523 to €130,642
- Short-term financial debts +€31,649
new in 2025: €31,649
- Current portion of long-term debt -€31,549
no longer reported in 2025 (was €31,549)
- Tax, wage and social debts +€18,457
up €18,457 (+29.3%), from €62,978 to €81,435
of which Taxes: +€13,257
- Staff costs +€107,601
up €107,601 (+32.7%), from €329,031 to €436,632
- Gross operating margin +€39,714
up €39,714 (+6.6%), from €599,543 to €639,257
- Taxes -€17,427
down €17,427 (-24.8%), from €70,260 to €52,834
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 | €443,970 | €658,519 | +€214,549 | +48.3% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €5,696 | €5,431 | -€265 | -4.7% |
| Tangible fixed assets | 22/27 | €5,696 | €5,431 | -€265 | -4.7% |
| Plant, machinery and equipment | 23 | €673 | €0 | -€673 | -100.0% |
| Furniture and vehicles | 24 | €5,024 | €5,431 | +€408 | +8.1% |
| Current assets | 29/58 | €438,274 | €653,088 | +€214,814 | +49.0% |
| Amounts receivable after more than one year | 29 | €52,000 | €52,000 | = | 0.0% |
| Other amounts receivable | 291 | €52,000 | €52,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €135,138 | €393,951 | +€258,813 | +191.5% |
| Trade receivables | 40 | €114,960 | €324,401 | +€209,440 | +182.2% |
| Other amounts receivable | 41 | €20,177 | €69,550 | +€49,372 | +244.7% |
| Cash at bank and in hand | 54/58 | €250,916 | €203,602 | -€47,314 | -18.9% |
| Deferred charges and accrued income | 490/1 | €220 | €3,535 | +€3,315 | +1505.1% |
| Total equity and liabilities | 10/49 | €443,970 | €658,519 | +€214,549 | +48.3% |
| Equity | 10/15 | €8,200 | €8,200 | = | 0.0% |
| Contributions | 10/11 | €8,200 | €8,200 | = | 0.0% |
| Provisions and deferred taxes | 16 | €52,000 | €52,000 | = | 0.0% |
| Deferred taxes | 168 | €52,000 | €52,000 | = | 0.0% |
| Amounts payable | 17/49 | €383,770 | €598,319 | +€214,549 | +55.9% |
| Amounts payable within one year | 42/48 | €383,770 | €598,319 | +€214,549 | +55.9% |
| Current portion of amounts payable after more than one year | 42 | €31,549 | - | -€31,549 | |
| Financial debts | 43 | - | €31,649 | +€31,649 | |
| Credit institutions | 430/8 | - | €31,649 | +€31,649 | |
| Trade debts | 44 | €116,720 | €354,593 | +€237,873 | +203.8% |
| Suppliers | 440/4 | €116,720 | €354,593 | +€237,873 | +203.8% |
| Taxes, remuneration and social security | 45 | €62,978 | €81,435 | +€18,457 | +29.3% |
| Taxes | 450/3 | €29,435 | €42,692 | +€13,257 | +45.0% |
| Remuneration and social security | 454/9 | €33,543 | €38,742 | +€5,200 | +15.5% |
| Other amounts payable | 47/48 | €172,523 | €130,642 | -€41,880 | -24.3% |
| Remuneration, social security and pensions | 62 | €329,031 | €436,632 | +€107,601 | +32.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,387 | €2,072 | -€314 | -13.2% |
| Other operating charges | 640/8 | €1,238 | €1,221 | -€17 | -1.4% |
| Gross operating margin | 9900 | €599,543 | €639,257 | +€39,714 | +6.6% |
| Operating profit (loss) | 9901 | €266,886 | €199,331 | -€67,555 | -25.3% |
| Financial income | 75/76B | €1,565 | €2,307 | +€742 | +47.4% |
| Recurring financial income | 75 | €1,565 | €2,307 | +€742 | +47.4% |
| Financial charges | 65/66B | €2,874 | €3,342 | +€468 | +16.3% |
| Recurring financial charges | 65 | €2,874 | €3,342 | +€468 | +16.3% |
| Profit (loss) for the period before taxes | 9903 | €265,577 | €198,296 | -€67,281 | -25.3% |
| Income taxes | 67/77 | €70,260 | €52,834 | -€17,427 | -24.8% |
| Profit (loss) for the period | 9904 | €195,316 | €145,462 | -€49,854 | -25.5% |
| Profit (loss) for the period to be appropriated | 9905 | €195,316 | €145,462 | -€49,854 | -25.5% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.