AUDAXIS: 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.
What changed
AUDAXIS
NACE 62.100, Computer programming
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€295,240
2024 · €442,985-€738,226
Equity
€1.5m
2024 · €2.0m-€572,213
Cash
€44
2024 · €87,718-€87,673
Balance sheet total
€2.3m
2024 · €3.9m-€1.6m
Largest movements
Assets
- Receivables within one year -€1.3m
down €1.3m (-56.1%), from €2.4m to €1.0m
of which Trade receivables: -€894,265
- Financial fixed assets -€168,773
down €168,773 (-78.9%), from €213,879 to €45,106
of which Affiliated companies: -€167,273
- Cash -€87,673
down €87,673 (-99.9%), from €87,718 to €44
mainly Trade debts (-€486,971) and Net result for the year (-€295,240)
- Intangible fixed assets +€57,172
up €57,172 (+8.9%), from €639,489 to €696,661
Equity and liabilities
- Profit (loss) carried forward -€563,042
down €563,042 (-30.3%), from €1.9m to €1.3m
- Trade debts -€486,971
down €486,971 (-59.2%), from €822,820 to €335,849
- Provisions -€190,000
no longer reported in 2025 (was €190,000)
- Tax, wage and social debts -€156,230
down €156,230 (-53.0%), from €294,732 to €138,501
of which Remuneration and social security: -€145,099
- Accrued charges and deferred income -€153,129
down €153,129 (-31.2%), from €490,673 to €337,544
Income statement
- Turnover -€4.1m
down €4.1m (-61.0%), from €6.7m to €2.6m
- Staff costs -€1.5m
down €1.5m (-57.8%), from €2.6m to €1.1m
- Services and other goods -€1.4m
down €1.4m (-57.9%), from €2.3m to €984,984
- Goods and materials -€1.3m
down €1.3m (-47.2%), from €2.7m to €1.4m
- Financial income -€498,957
down €498,957 (-82.7%), from €603,132 to €104,175
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.
Result 2024
€442,985
Turnover
-€4.1m
Other operating income
-€304,579
Goods and materials
+€1.3m
Services and other goods
+€1.4m
Staff costs
+€1.5m
Depreciation
-€98,919
Write-downs
-€13,466
Other operating charges
+€625
Other operating items
+€197,525
Financial income
-€498,957
Financial charges
-€48,820
Taxes
+€10,610
Result 2025
-€295,240
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.
From operations
+€414,881
Investment
-€226,745
Financing
-€275,809
Cash 2024
€87,718
From operations (derived)
+€414,881
Net result for the year
-€295,240
Depreciation
+€376,852
Stocks and contracts
-€9,827
Receivables within one year
+€1.3m
Deferred charges and accrued income
+€2,474
Provisions
-€190,000
Trade debts
-€486,971
Tax, wage and social debts
-€156,230
Advances received
-€3,736
Accrued charges and deferred income
-€153,129
Investment (derived)
-€226,745
Investment in fixed assets (net)
-€226,745
Financing
-€275,809
Short-term financial debts
+€1,164
Contributions, distributions and other
-€276,973
Cash 2025
€44
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,864,229 | €2,303,114 | -€1.6m | -40.4% |
| Fixed assets | 21/28 | €1,180,888 | €1,030,781 | -€150,107 | -12.7% |
| Intangible fixed assets | 21 | €639,489 | €696,661 | +€57,172 | +8.9% |
| Tangible fixed assets | 22/27 | €327,519 | €289,014 | -€38,505 | -11.8% |
| Land and buildings | 22 | €264,511 | €239,166 | -€25,345 | -9.6% |
| Plant, machinery and equipment | 23 | €20,968 | €15,976 | -€4,992 | -23.8% |
| Furniture and vehicles | 24 | €42,040 | €33,872 | -€8,168 | -19.4% |
| Financial fixed assets | 28 | €213,879 | €45,106 | -€168,773 | -78.9% |
| Affiliated companies | 280/1 | €212,304 | €45,031 | -€167,273 | -78.8% |
| Participating interests | 280 | €212,304 | €45,031 | -€167,273 | -78.8% |
| Other financial fixed assets | 284/8 | €1,575 | €75 | -€1,500 | -95.2% |
| Amounts receivable and cash guarantees | 285/8 | €1,575 | €75 | -€1,500 | -95.2% |
| Current assets | 29/58 | €2,683,342 | €1,272,333 | -€1.4m | -52.6% |
| Stocks and contracts in progress | 3 | €21,879 | €31,706 | +€9,827 | +44.9% |
| Contracts in progress | 37 | €21,879 | €31,706 | +€9,827 | +44.9% |
| Amounts receivable within one year | 40/41 | €2,372,006 | €1,041,317 | -€1.3m | -56.1% |
| Trade receivables | 40 | €1,340,778 | €446,513 | -€894,265 | -66.7% |
| Other amounts receivable | 41 | €1,031,228 | €594,804 | -€436,423 | -42.3% |
| Cash at bank and in hand | 54/58 | €87,718 | €44 | -€87,673 | -99.9% |
| Deferred charges and accrued income | 490/1 | €201,739 | €199,265 | -€2,474 | -1.2% |
| Total equity and liabilities | 10/49 | €3,864,229 | €2,303,114 | -€1.6m | -40.4% |
| Equity | 10/15 | €2,046,331 | €1,474,117 | -€572,213 | -28.0% |
| Contributions | 10/11 | €170,917 | €165,589 | -€5,328 | -3.1% |
| Capital | 10 | €106,700 | €103,374 | -€3,326 | -3.1% |
| Issued capital | 100 | €106,700 | €103,374 | -€3,326 | -3.1% |
| Outside capital | 11 | €64,217 | €62,215 | -€2,002 | -3.1% |
| Share premium | 1100/10 | €64,217 | €62,215 | -€2,002 | -3.1% |
| Reserves | 13 | €10,670 | €10,337 | -€333 | -3.1% |
| Non-distributable reserves | 130/1 | €10,670 | €10,337 | -€333 | -3.1% |
| Legal reserve | 130 | €10,670 | €10,337 | -€333 | -3.1% |
| Profit (loss) carried forward | 14 | €1,857,138 | €1,294,096 | -€563,042 | -30.3% |
| Investment grants | 15 | €7,606 | €4,094 | -€3,511 | -46.2% |
| Provisions and deferred taxes | 16 | €190,000 | - | -€190,000 | |
| Provisions for liabilities and charges | 160/5 | €190,000 | - | -€190,000 | |
| Other liabilities and charges | 164/5 | €190,000 | - | -€190,000 | |
| Amounts payable | 17/49 | €1,627,899 | €828,997 | -€798,902 | -49.1% |
| Amounts payable within one year | 42/48 | €1,137,226 | €491,453 | -€645,773 | -56.8% |
| Financial debts | 43 | €1,609 | €2,773 | +€1,164 | +72.4% |
| Credit institutions | 430/8 | €1,609 | €2,773 | +€1,164 | +72.4% |
| Trade debts | 44 | €822,820 | €335,849 | -€486,971 | -59.2% |
| Suppliers | 440/4 | €822,820 | €335,849 | -€486,971 | -59.2% |
| Advances received on contracts in progress | 46 | €18,066 | €14,329 | -€3,736 | -20.7% |
| Taxes, remuneration and social security | 45 | €294,732 | €138,501 | -€156,230 | -53.0% |
| Taxes | 450/3 | €50,392 | €39,261 | -€11,131 | -22.1% |
| Remuneration and social security | 454/9 | €244,340 | €99,240 | -€145,099 | -59.4% |
| Accrued charges and deferred income | 492/3 | €490,673 | €337,544 | -€153,129 | -31.2% |
| Operating income | 70/76A | €7,804,925 | €3,595,298 | -€4.2m | -53.9% |
| Turnover | 70 | €6,728,998 | €2,626,425 | -€4.1m | -61.0% |
| Change in stocks of work in progress, finished goods and contracts in progress | 71 | €2,368 | €25,943 | +€23,576 | +995.7% |
| Own construction capitalised | 72 | €278,970 | €383,187 | +€104,218 | +37.4% |
| Other operating income | 74 | €791,573 | €486,994 | -€304,579 | -38.5% |
| Non-recurring operating income | 76A | €3,017 | €72,748 | +€69,731 | +2311.7% |
| Operating charges | 60/66A | €7,902,627 | €3,894,059 | -€4.0m | -50.7% |
| Goods for resale, raw materials and consumables | 60 | €2,693,657 | €1,421,137 | -€1.3m | -47.2% |
| Purchases | 600/8 | €2,693,657 | €1,421,137 | -€1.3m | -47.2% |
| Services and other goods | 61 | €2,337,278 | €984,984 | -€1.4m | -57.9% |
| Remuneration, social security and pensions | 62 | €2,586,223 | €1,090,710 | -€1.5m | -57.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €277,933 | €376,852 | +€98,919 | +35.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €13,466 | +€13,466 | |
| Other operating charges | 640/8 | €7,536 | €6,911 | -€625 | -8.3% |
| Operating profit (loss) | 9901 | -€97,702 | -€298,761 | -€201,058 | -205.8% |
| Financial income | 75/76B | €603,132 | €104,175 | -€498,957 | -82.7% |
| Recurring financial income | 75 | €603,132 | €104,175 | -€498,957 | -82.7% |
| Income from financial fixed assets | 750 | €550,695 | €81,563 | -€469,132 | -85.2% |
| Income from current assets | 751 | €48,793 | €17,488 | -€31,305 | -64.2% |
| Other financial income | 752/9 | €3,644 | €5,124 | +€1,480 | +40.6% |
| Financial charges | 65/66B | €40,279 | €89,100 | +€48,820 | +121.2% |
| Recurring financial charges | 65 | €40,279 | €21,224 | -€19,055 | -47.3% |
| Debt charges | 650 | €36,451 | €16,196 | -€20,255 | -55.6% |
| Other financial charges | 652/9 | €3,829 | €5,029 | +€1,200 | +31.3% |
| Non-recurring financial charges | 66B | - | €67,876 | +€67,876 | |
| Profit (loss) for the period before taxes | 9903 | €465,151 | -€283,685 | -€748,835 | |
| Income taxes | 67/77 | €22,165 | €11,555 | -€10,610 | -47.9% |
| Taxes | 670/3 | €22,165 | €12,460 | -€9,705 | -43.8% |
| Tax adjustments and reversals of tax provisions | 77 | - | €905 | +€905 | |
| Profit (loss) for the period | 9904 | €442,985 | -€295,240 | -€738,226 | |
| Profit (loss) for the period to be appropriated | 9905 | €442,985 | -€295,240 | -€738,226 |
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 29 September 2026 via checked.be.