Audaxam: 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.
Audaxam
Largest movements
- Financial fixed assets +€180,000
up €180,000 (+11.8%), from €1.5m to €1.7m
- Debts after one year +€113,818
up €113,818 (+24.4%), from €465,813 to €579,630
- Short-term financial debts -€85,000
down €85,000 (-100%), from €85,000 to €0
- Reserves +€73,600
up €73,600 (+71.3%), from €103,200 to €176,800
- Current portion of long-term debt +€48,778
up €48,778 (+71.8%), from €67,929 to €116,707
- Financial charges -€8,298
down €8,298 (-17.0%), from €48,926 to €40,628
- Taxes +€1,573
up €1,573 (+9.3%), from €16,827 to €18,399
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.
Derived cash bridge
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 | €1,568,376 | €1,731,686 | +€163,310 | +10.4% |
| Fixed assets | 21/28 | €1,525,000 | €1,705,000 | +€180,000 | +11.8% |
| Financial fixed assets | 28 | €1,525,000 | €1,705,000 | +€180,000 | +11.8% |
| Current assets | 29/58 | €43,376 | €26,686 | -€16,690 | -38.5% |
| Amounts receivable within one year | 40/41 | €5,073 | €5,001 | -€73 | -1.4% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €5,073 | €5,001 | -€73 | -1.4% |
| Cash at bank and in hand | 54/58 | €37,859 | €21,237 | -€16,622 | -43.9% |
| Deferred charges and accrued income | 490/1 | €443 | €448 | +€5 | +1.1% |
| Total equity and liabilities | 10/49 | €1,568,376 | €1,731,686 | +€163,310 | +10.4% |
| Equity | 10/15 | €203,266 | €276,864 | +€73,598 | +36.2% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €103,200 | €176,800 | +€73,600 | +71.3% |
| Distributable reserves | 133 | €103,200 | €176,800 | +€73,600 | +71.3% |
| Profit (loss) carried forward | 14 | €66 | €64 | -€2 | -3.1% |
| Amounts payable | 17/49 | €1,365,110 | €1,454,822 | +€89,712 | +6.6% |
| Amounts payable after more than one year | 17 | €465,813 | €579,630 | +€113,818 | +24.4% |
| Financial debts | 170/4 | €465,813 | €579,630 | +€113,818 | +24.4% |
| Amounts payable within one year | 42/48 | €895,508 | €871,571 | -€23,938 | -2.7% |
| Current portion of amounts payable after more than one year | 42 | €67,929 | €116,707 | +€48,778 | +71.8% |
| Financial debts | 43 | €85,000 | €0 | -€85,000 | -100% |
| Credit institutions | 430/8 | €85,000 | €0 | -€85,000 | -100% |
| Trade debts | 44 | €388 | €1,764 | +€1,376 | +355% |
| Suppliers | 440/4 | €388 | €1,764 | +€1,376 | +355% |
| Taxes, remuneration and social security | 45 | €4,746 | €3,279 | -€1,467 | -30.9% |
| Taxes | 450/3 | €4,746 | €3,279 | -€1,467 | -30.9% |
| Other amounts payable | 47/48 | €737,446 | €749,821 | +€12,375 | +1.7% |
| Accrued charges and deferred income | 492/3 | €3,789 | €3,621 | -€168 | -4.4% |
| Other operating charges | 640/8 | €516 | €605 | +€89 | +17.2% |
| Gross operating margin | 9900 | €133,576 | €133,230 | -€346 | -0.3% |
| Operating profit (loss) | 9901 | €133,060 | €132,625 | -€434 | -0.3% |
| Financial income | 75/76B | €0 | €0 | +€0 | |
| Recurring financial income | 75 | €0 | €0 | +€0 | |
| Financial charges | 65/66B | €48,926 | €40,628 | -€8,298 | -17.0% |
| Recurring financial charges | 65 | €48,926 | €40,628 | -€8,298 | -17.0% |
| Profit (loss) for the period before taxes | 9903 | €84,134 | €91,997 | +€7,864 | +9.3% |
| Income taxes | 67/77 | €16,827 | €18,399 | +€1,573 | +9.3% |
| Profit (loss) for the period | 9904 | €67,307 | €73,598 | +€6,291 | +9.3% |
| Profit (loss) for the period to be appropriated | 9905 | €67,307 | €73,598 | +€6,291 | +9.3% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.