AX - WAY NET COMPUTING: 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.
AX - WAY NET COMPUTING
Largest movements
- Tangible fixed assets +€15,376
up €15,376 (+126.0%), from €12,204 to €27,580
of which Leasing and similar rights: +€20,284
- Receivables within one year +€10,199
up €10,199 (+20.5%), from €49,664 to €59,862
of which Trade receivables: +€6,428
- Cash -€3,125
down €3,125 (-40.8%), from €7,663 to €4,539
mainly Investment in fixed assets (net) (-€23,864) and Receivables within one year (-€10,199)
- Deferred charges and accrued income -€1,799
no longer reported in 2025 (was €1,799)
- Debts after one year +€15,938
new in 2025: €15,938
- Profit (loss) carried forward -€6,518
down €6,518 (-12.2%), from €53,618 to €47,100
- Current portion of long-term debt +€4,583
new in 2025: €4,583
- Tax, wage and social debts +€4,448
up €4,448 (+149.8%), from €2,970 to €7,417
- Trade debts +€2,200
up €2,200 (+454.5%), from €484 to €2,684
- Taxes +€5,123
up €5,123 (+121.9%), from €4,202 to €9,325
- Gross operating margin -€4,567
down €4,567 (-32.6%), from €13,998 to €9,430
- Turnover -€4,364
down €4,364 (-10.5%), from €41,422 to €37,059
- Depreciation +€3,395
up €3,395 (+66.7%), from €5,093 to €8,488
- Financial income +€1,415
up €1,415 (+55.8%), from €2,536 to €3,952
of which Non-recurring financial income: +€1,240
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 | €71,331 | €91,981 | +€20,651 | +29.0% |
| Fixed assets | 21/28 | €12,204 | €27,580 | +€15,376 | +126.0% |
| Tangible fixed assets | 22/27 | €12,204 | €27,580 | +€15,376 | +126.0% |
| Plant, machinery and equipment | 23 | €3,040 | €1,935 | -€1,105 | -36.4% |
| Furniture and vehicles | 24 | €9,164 | €5,361 | -€3,803 | -41.5% |
| Leasing and similar rights | 25 | - | €20,284 | +€20,284 | |
| Current assets | 29/58 | €59,126 | €64,401 | +€5,275 | +8.9% |
| Amounts receivable within one year | 40/41 | €49,664 | €59,862 | +€10,199 | +20.5% |
| Trade receivables | 40 | €1,665 | €8,092 | +€6,428 | +386.1% |
| Other amounts receivable | 41 | €47,999 | €51,770 | +€3,771 | +7.9% |
| Cash at bank and in hand | 54/58 | €7,663 | €4,539 | -€3,125 | -40.8% |
| Deferred charges and accrued income | 490/1 | €1,799 | - | -€1,799 | |
| Total equity and liabilities | 10/49 | €71,331 | €91,981 | +€20,651 | +29.0% |
| Equity | 10/15 | €67,877 | €61,359 | -€6,518 | -9.6% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | €53,618 | €47,100 | -€6,518 | -12.2% |
| Amounts payable | 17/49 | €3,454 | €30,623 | +€27,169 | +786.7% |
| Amounts payable after more than one year | 17 | - | €15,938 | +€15,938 | |
| Financial debts | 170/4 | - | €15,938 | +€15,938 | |
| Amounts payable within one year | 42/48 | €3,454 | €14,684 | +€11,231 | +325.2% |
| Current portion of amounts payable after more than one year | 42 | - | €4,583 | +€4,583 | |
| Trade debts | 44 | €484 | €2,684 | +€2,200 | +454.5% |
| Suppliers | 440/4 | €484 | €2,684 | +€2,200 | +454.5% |
| Taxes, remuneration and social security | 45 | €2,970 | €7,417 | +€4,448 | +149.8% |
| Taxes | 450/3 | €2,970 | €7,417 | +€4,448 | +149.8% |
| Turnover | 70 | €41,422 | €37,059 | -€4,364 | -10.5% |
| Non-recurring operating income | 76A | €1,322 | €1,390 | +€68 | +5.1% |
| Goods, raw materials, services and sundry goods | 60/61 | €28,747 | €29,019 | +€272 | +0.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,093 | €8,488 | +€3,395 | +66.7% |
| Other operating charges | 640/8 | €285 | €853 | +€567 | +198.8% |
| Non-recurring operating charges | 66A | €1,328 | €509 | -€819 | -61.7% |
| Gross operating margin | 9900 | €13,998 | €9,430 | -€4,567 | -32.6% |
| Operating profit (loss) | 9901 | €7,292 | -€419 | -€7,711 | |
| Financial income | 75/76B | €2,536 | €3,952 | +€1,415 | +55.8% |
| Recurring financial income | 75 | €2,536 | €2,712 | +€176 | +6.9% |
| Non-recurring financial income | 76B | - | €1,240 | +€1,240 | |
| Financial charges | 65/66B | €165 | €726 | +€562 | +341.1% |
| Recurring financial charges | 65 | €165 | €726 | +€562 | +341.1% |
| Profit (loss) for the period before taxes | 9903 | €9,663 | €2,806 | -€6,857 | -71.0% |
| Income taxes | 67/77 | €4,202 | €9,325 | +€5,123 | +121.9% |
| Profit (loss) for the period | 9904 | €5,462 | -€6,518 | -€11,980 | |
| Profit (loss) for the period to be appropriated | 9905 | €5,462 | -€6,518 | -€11,980 |
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 3 October 2026 via checked.be.