AXAS CONSULTING: 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.
AXAS CONSULTING
Largest movements
- Receivables after one year +€225,000
new in 2025: €225,000
- Receivables within one year -€31,212
down €31,212 (-9.0%), from €345,678 to €314,466
of which Trade receivables: -€17,465
- Cash -€28,801
down €28,801 (-55.1%), from €52,252 to €23,451
mainly Receivables after one year (-€225,000) and Other debts (-€140,218)
- Intangible fixed assets +€6,005
up €6,005 (+3,664%), from €164 to €6,168
- Trade debts +€201,415
up €201,415 (+268%), from €75,186 to €276,601
- Profit (loss) carried forward +€172,497
up €172,497 (+28,836%), from €598 to €173,095
- Other debts -€140,218
down €140,218 (-96.1%), from €145,870 to €5,653
- Current portion of long-term debt -€69,825
down €69,825 (-77.6%), from €90,000 to €20,175
- Tax, wage and social debts +€9,548
up €9,548 (+30.1%), from €31,742 to €41,291
of which Remuneration and social security: +€13,591
- Gross operating margin -€59,944
down €59,944 (-12.0%), from €499,681 to €439,738
- Other operating charges -€33,745
down €33,745 (-85.5%), from €39,451 to €5,706
- Write-downs +€17,020
up €17,020 (+56.0%), from €30,398 to €47,418
- Financial income +€14,251
up €14,251, from €0 to €14,251
- Staff costs -€9,554
down €9,554 (-5.8%), from €164,426 to €154,872
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 | €425,897 | €599,314 | +€173,417 | +40.7% |
| Fixed assets | 21/28 | €18,412 | €22,486 | +€4,074 | +22.1% |
| Intangible fixed assets | 21 | €164 | €6,168 | +€6,005 | +3,664% |
| Tangible fixed assets | 22/27 | €7,766 | €5,836 | -€1,931 | -24.9% |
| Plant, machinery and equipment | 23 | €319 | €0 | -€319 | -100% |
| Furniture and vehicles | 24 | €5,292 | €5,313 | +€20 | +0.4% |
| Other tangible fixed assets | 26 | €2,155 | €523 | -€1,632 | -75.7% |
| Financial fixed assets | 28 | €10,482 | €10,482 | = | 0.0% |
| Current assets | 29/58 | €407,485 | €576,828 | +€169,343 | +41.6% |
| Amounts receivable after more than one year | 29 | - | €225,000 | +€225,000 | |
| Other amounts receivable | 291 | - | €225,000 | +€225,000 | |
| Amounts receivable within one year | 40/41 | €345,678 | €314,466 | -€31,212 | -9.0% |
| Trade receivables | 40 | €328,874 | €311,408 | -€17,465 | -5.3% |
| Other amounts receivable | 41 | €16,804 | €3,058 | -€13,747 | -81.8% |
| Cash at bank and in hand | 54/58 | €52,252 | €23,451 | -€28,801 | -55.1% |
| Deferred charges and accrued income | 490/1 | €9,555 | €13,911 | +€4,356 | +45.6% |
| Total equity and liabilities | 10/49 | €425,897 | €599,314 | +€173,417 | +40.7% |
| Equity | 10/15 | €83,098 | €255,595 | +€172,497 | +208% |
| Contributions | 10/11 | €75,000 | €75,000 | = | 0.0% |
| Reserves | 13 | €7,500 | €7,500 | = | 0.0% |
| Non-distributable reserves | 130/1 | €7,500 | €7,500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €7,500 | €7,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €598 | €173,095 | +€172,497 | +28,836% |
| Amounts payable | 17/49 | €342,798 | €343,719 | +€921 | +0.3% |
| Amounts payable within one year | 42/48 | €342,798 | €343,719 | +€921 | +0.3% |
| Current portion of amounts payable after more than one year | 42 | €90,000 | €20,175 | -€69,825 | -77.6% |
| Trade debts | 44 | €75,186 | €276,601 | +€201,415 | +268% |
| Suppliers | 440/4 | €75,186 | €276,601 | +€201,415 | +268% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €31,742 | €41,291 | +€9,548 | +30.1% |
| Taxes | 450/3 | €20,003 | €15,960 | -€4,042 | -20.2% |
| Remuneration and social security | 454/9 | €11,740 | €25,330 | +€13,591 | +116% |
| Other amounts payable | 47/48 | €145,870 | €5,653 | -€140,218 | -96.1% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | €805 | €0 | -€805 | -100% |
| Remuneration, social security and pensions | 62 | €164,426 | €154,872 | -€9,554 | -5.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,423 | €5,215 | -€2,209 | -29.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €30,398 | €47,418 | +€17,020 | +56.0% |
| Other operating charges | 640/8 | €39,451 | €5,706 | -€33,745 | -85.5% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €499,681 | €439,738 | -€59,944 | -12.0% |
| Operating profit (loss) | 9901 | €257,984 | €226,527 | -€31,457 | -12.2% |
| Financial income | 75/76B | €0 | €14,251 | +€14,251 | |
| Recurring financial income | 75 | €0 | €14,251 | +€14,251 | |
| Financial charges | 65/66B | €4,707 | €5,501 | +€794 | +16.9% |
| Recurring financial charges | 65 | €4,707 | €5,501 | +€794 | +16.9% |
| Profit (loss) for the period before taxes | 9903 | €253,276 | €235,277 | -€18,000 | -7.1% |
| Income taxes | 67/77 | €70,597 | €62,780 | -€7,817 | -11.1% |
| Profit (loss) for the period | 9904 | €182,680 | €172,497 | -€10,183 | -5.6% |
| Profit (loss) for the period to be appropriated | 9905 | €182,680 | €172,497 | -€10,183 | -5.6% |
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 30 October 2026 via checked.be.