Arxon: 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.
Arxon
Largest movements
- Receivables within one year +€37,869
up €37,869 (+5.9%), from €642,256 to €680,125
of which Other amounts receivable: +€20,126
- Cash -€26,125
down €26,125 (-8.8%), from €295,715 to €269,590
mainly Other debts (-€100,000) and Tax, wage and social debts (-€77,626)
- Current portion of long-term debt +€180,551
up €180,551 (+39.7%), from €455,280 to €635,831
- Other debts -€100,000
down €100,000 (-100.0%), from €100,000 to €0
- Tax, wage and social debts -€77,626
down €77,626 (-80.5%), from €96,425 to €18,799
- Gross operating margin -€24,100
down €24,100 (-24.4%), from €98,671 to €74,572
- Financial charges -€6,732
down €6,732 (-8.9%), from €75,609 to €68,878
- Depreciation -€6,045
down €6,045 (-71.7%), from €8,430 to €2,385
- Taxes -€5,192
down €5,192 (-45.5%), from €11,407 to €6,215
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 | €2,006,146 | €2,019,474 | +€13,327 | +0.7% |
| Fixed assets | 21/28 | €4,205 | €6,281 | +€2,076 | +49.4% |
| Tangible fixed assets | 22/27 | €4,205 | €6,281 | +€2,076 | +49.4% |
| Furniture and vehicles | 24 | €4,205 | €6,281 | +€2,076 | +49.4% |
| Current assets | 29/58 | €2,001,942 | €2,013,193 | +€11,251 | +0.6% |
| Stocks and contracts in progress | 3 | €1,062,308 | €1,063,478 | +€1,170 | +0.1% |
| Stocks | 30/36 | €1,062,308 | €1,063,478 | +€1,170 | +0.1% |
| Amounts receivable within one year | 40/41 | €642,256 | €680,125 | +€37,869 | +5.9% |
| Trade receivables | 40 | €3,497 | €21,239 | +€17,743 | +507.5% |
| Other amounts receivable | 41 | €638,759 | €658,886 | +€20,126 | +3.2% |
| Cash at bank and in hand | 54/58 | €295,715 | €269,590 | -€26,125 | -8.8% |
| Deferred charges and accrued income | 490/1 | €1,663 | €0 | -€1,663 | -100.0% |
| Total equity and liabilities | 10/49 | €2,006,146 | €2,019,474 | +€13,327 | +0.7% |
| Equity | 10/15 | €1,074,482 | €1,082,342 | +€7,860 | +0.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €748,484 | €756,345 | +€7,860 | +1.1% |
| Distributable reserves | 133 | €748,484 | €756,345 | +€7,860 | +1.1% |
| Profit (loss) carried forward | 14 | €307,398 | €307,398 | = | 0.0% |
| Amounts payable | 17/49 | €931,664 | €937,131 | +€5,467 | +0.6% |
| Amounts payable within one year | 42/48 | €931,200 | €937,131 | +€5,931 | +0.6% |
| Current portion of amounts payable after more than one year | 42 | €455,280 | €635,831 | +€180,551 | +39.7% |
| Trade debts | 44 | €279,495 | €282,502 | +€3,007 | +1.1% |
| Suppliers | 440/4 | €279,495 | €282,502 | +€3,007 | +1.1% |
| Taxes, remuneration and social security | 45 | €96,425 | €18,799 | -€77,626 | -80.5% |
| Taxes | 450/3 | €96,425 | €18,799 | -€77,626 | -80.5% |
| Other amounts payable | 47/48 | €100,000 | €0 | -€100,000 | -100.0% |
| Accrued charges and deferred income | 492/3 | €465 | €0 | -€465 | -100.0% |
| Non-recurring operating income | 76A | €288 | €0 | -€288 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,430 | €2,385 | -€6,045 | -71.7% |
| Other operating charges | 640/8 | €1,335 | €1,731 | +€396 | +29.7% |
| Gross operating margin | 9900 | €98,671 | €74,572 | -€24,100 | -24.4% |
| Operating profit (loss) | 9901 | €88,906 | €70,456 | -€18,450 | -20.8% |
| Financial income | 75/76B | €13,455 | €12,497 | -€958 | -7.1% |
| Recurring financial income | 75 | €13,455 | €12,497 | -€958 | -7.1% |
| Financial charges | 65/66B | €75,609 | €68,878 | -€6,732 | -8.9% |
| Recurring financial charges | 65 | €75,609 | €68,878 | -€6,732 | -8.9% |
| Profit (loss) for the period before taxes | 9903 | €26,752 | €14,076 | -€12,677 | -47.4% |
| Income taxes | 67/77 | €11,407 | €6,215 | -€5,192 | -45.5% |
| Profit (loss) for the period | 9904 | €15,345 | €7,860 | -€7,485 | -48.8% |
| Profit (loss) for the period to be appropriated | 9905 | €15,345 | €7,860 | -€7,485 | -48.8% |
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 12 October 2026 via checked.be.