Atexio: 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.
Atexio
Largest movements
- Receivables within one year +€100,400
up €100,400 (+25.4%), from €395,591 to €495,991
of which Trade receivables: +€84,225
- Tangible fixed assets +€76,484
up €76,484 (+84.1%), from €90,984 to €167,467
of which Other tangible fixed assets: +€59,042
- Intangible fixed assets +€76,201
up €76,201 (+10.4%), from €735,103 to €811,304
- Cash +€43,191
up €43,191 (+26.3%), from €164,289 to €207,480
mainly Debts after one year (+€517,786) and Depreciation (+€285,854)
- Debts after one year +€517,786
up €517,786 (+1912.4%), from €27,075 to €544,861
- Other debts -€286,140
down €286,140 (-90.7%), from €315,634 to €29,495
- Short-term financial debts -€150,000
down €150,000 (-54.5%), from €275,000 to €125,000
- Trade debts +€131,114
up €131,114 (+51.7%), from €253,513 to €384,627
- Profit (loss) carried forward +€121,208
up €121,208 (+35.4%), from €342,431 to €463,638
- Gross operating margin +€276,725
up €276,725 (+23.8%), from €1.2m to €1.4m
- Staff costs +€142,481
up €142,481 (+18.8%), from €756,578 to €899,059
- Depreciation +€94,617
up €94,617 (+49.5%), from €191,237 to €285,854
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 | €1,470,526 | €1,773,169 | +€302,643 | +20.6% |
| Fixed assets | 21/28 | €826,087 | €978,771 | +€152,684 | +18.5% |
| Intangible fixed assets | 21 | €735,103 | €811,304 | +€76,201 | +10.4% |
| Tangible fixed assets | 22/27 | €90,984 | €167,467 | +€76,484 | +84.1% |
| Plant, machinery and equipment | 23 | €45,742 | €43,997 | -€1,745 | -3.8% |
| Furniture and vehicles | 24 | €23,510 | €42,698 | +€19,187 | +81.6% |
| Other tangible fixed assets | 26 | €21,731 | €80,773 | +€59,042 | +271.7% |
| Current assets | 29/58 | €644,439 | €794,398 | +€149,959 | +23.3% |
| Amounts receivable within one year | 40/41 | €395,591 | €495,991 | +€100,400 | +25.4% |
| Trade receivables | 40 | €395,591 | €479,816 | +€84,225 | +21.3% |
| Other amounts receivable | 41 | - | €16,175 | +€16,175 | |
| Cash at bank and in hand | 54/58 | €164,289 | €207,480 | +€43,191 | +26.3% |
| Deferred charges and accrued income | 490/1 | €84,559 | €90,927 | +€6,368 | +7.5% |
| Total equity and liabilities | 10/49 | €1,470,526 | €1,773,169 | +€302,643 | +20.6% |
| Equity | 10/15 | €372,768 | €493,975 | +€121,208 | +32.5% |
| Contributions | 10/11 | €30,337 | €30,337 | = | 0.0% |
| Profit (loss) carried forward | 14 | €342,431 | €463,638 | +€121,208 | +35.4% |
| Amounts payable | 17/49 | €1,097,758 | €1,279,194 | +€181,435 | +16.5% |
| Amounts payable after more than one year | 17 | €27,075 | €544,861 | +€517,786 | +1912.4% |
| Financial debts | 170/4 | €27,075 | €544,861 | +€517,786 | +1912.4% |
| Amounts payable within one year | 42/48 | €1,045,690 | €734,333 | -€311,357 | -29.8% |
| Current portion of amounts payable after more than one year | 42 | €50,253 | €66,307 | +€16,054 | +31.9% |
| Financial debts | 43 | €275,000 | €125,000 | -€150,000 | -54.5% |
| Credit institutions | 430/8 | €275,000 | €125,000 | -€150,000 | -54.5% |
| Trade debts | 44 | €253,513 | €384,627 | +€131,114 | +51.7% |
| Suppliers | 440/4 | €253,513 | €384,627 | +€131,114 | +51.7% |
| Taxes, remuneration and social security | 45 | €151,289 | €128,904 | -€22,386 | -14.8% |
| Taxes | 450/3 | €15,779 | €3,137 | -€12,642 | -80.1% |
| Remuneration and social security | 454/9 | €135,510 | €125,767 | -€9,743 | -7.2% |
| Other amounts payable | 47/48 | €315,634 | €29,495 | -€286,140 | -90.7% |
| Accrued charges and deferred income | 492/3 | €24,993 | €0 | -€24,993 | -100.0% |
| Remuneration, social security and pensions | 62 | €756,578 | €899,059 | +€142,481 | +18.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €191,237 | €285,854 | +€94,617 | +49.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | €105 | +€105 | |
| Other operating charges | 640/8 | €1,204 | €2,067 | +€864 | +71.7% |
| Non-recurring operating charges | 66A | €1,043 | €641 | -€402 | -38.5% |
| Gross operating margin | 9900 | €1,161,800 | €1,438,525 | +€276,725 | +23.8% |
| Operating profit (loss) | 9901 | €211,739 | €250,799 | +€39,060 | +18.4% |
| Financial income | 75/76B | €22 | €287 | +€265 | +1203.1% |
| Recurring financial income | 75 | €22 | €287 | +€265 | +1203.1% |
| Financial charges | 65/66B | €18,417 | €28,248 | +€9,831 | +53.4% |
| Recurring financial charges | 65 | €18,417 | €28,248 | +€9,831 | +53.4% |
| Profit (loss) for the period before taxes | 9903 | €193,344 | €222,837 | +€29,494 | +15.3% |
| Income taxes | 67/77 | €58,849 | €72,445 | +€13,596 | +23.1% |
| Profit (loss) for the period | 9904 | €134,494 | €150,393 | +€15,898 | +11.8% |
| Profit (loss) for the period to be appropriated | 9905 | €134,494 | €150,393 | +€15,898 | +11.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.