AXB Construct: 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.
AXB Construct
Largest movements
- Receivables within one year +€35,555
up €35,555 (+26.8%), from €132,457 to €168,012
of which Trade receivables: +€31,113
- Cash +€19,559
up €19,559 (+233.3%), from €8,385 to €27,943
mainly Trade debts (+€72,329) and Receivables after one year (+€6,892)
- Deferred charges and accrued income +€7,038
up €7,038 (+1149.1%), from €612 to €7,650
- Receivables after one year -€6,892
down €6,892 (-17.0%), from €40,650 to €33,758
- Tangible fixed assets +€6,731
up €6,731 (+763.2%), from €882 to €7,613
- Trade debts +€72,329
up €72,329 (+46.5%), from €155,564 to €227,893
of which Suppliers: +€73,738
- Advances received -€4,342
down €4,342 (-19.0%), from €22,897 to €18,555
- Gross operating margin +€4,082
up €4,082 (+72.6%), from €5,625 to €9,707
- Other operating charges +€1,485
up €1,485 (+28.4%), from €5,220 to €6,705
- Depreciation +€1,283
up €1,283 (+750.5%), from €171 to €1,454
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €221,883 | €290,524 | +€68,641 | +30.9% |
| Fixed assets | 21/28 | €882 | €7,613 | +€6,731 | +763.2% |
| Tangible fixed assets | 22/27 | €882 | €7,613 | +€6,731 | +763.2% |
| Furniture and vehicles | 24 | €882 | €7,613 | +€6,731 | +763.2% |
| Current assets | 29/58 | €221,001 | €282,911 | +€61,910 | +28.0% |
| Amounts receivable after more than one year | 29 | €40,650 | €33,758 | -€6,892 | -17.0% |
| Other amounts receivable | 291 | €40,650 | €33,758 | -€6,892 | -17.0% |
| Stocks and contracts in progress | 3 | €38,897 | €45,547 | +€6,650 | +17.1% |
| Stocks | 30/36 | €38,897 | €45,547 | +€6,650 | +17.1% |
| Amounts receivable within one year | 40/41 | €132,457 | €168,012 | +€35,555 | +26.8% |
| Trade receivables | 40 | €127,740 | €158,852 | +€31,113 | +24.4% |
| Other amounts receivable | 41 | €4,717 | €9,160 | +€4,443 | +94.2% |
| Cash at bank and in hand | 54/58 | €8,385 | €27,943 | +€19,559 | +233.3% |
| Deferred charges and accrued income | 490/1 | €612 | €7,650 | +€7,038 | +1149.1% |
| Total equity and liabilities | 10/49 | €221,883 | €290,524 | +€68,641 | +30.9% |
| Equity | 10/15 | €37,963 | €39,873 | +€1,910 | +5.0% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Reserves | 13 | €26,969 | €26,969 | = | 0.0% |
| Distributable reserves | 133 | €26,969 | €26,969 | = | 0.0% |
| Profit (loss) carried forward | 14 | €10,494 | €12,404 | +€1,910 | +18.2% |
| Amounts payable | 17/49 | €183,920 | €250,651 | +€66,731 | +36.3% |
| Amounts payable within one year | 42/48 | €183,805 | €250,651 | +€66,846 | +36.4% |
| Trade debts | 44 | €155,564 | €227,893 | +€72,329 | +46.5% |
| Suppliers | 440/4 | €154,155 | €227,893 | +€73,738 | +47.8% |
| Bills of exchange payable | 441 | €1,409 | - | -€1,409 | |
| Advances received on contracts in progress | 46 | €22,897 | €18,555 | -€4,342 | -19.0% |
| Taxes, remuneration and social security | 45 | €5,344 | €4,203 | -€1,141 | -21.3% |
| Taxes | 450/3 | €5,344 | €4,203 | -€1,141 | -21.3% |
| Accrued charges and deferred income | 492/3 | €115 | - | -€115 | |
| Non-recurring operating income | 76A | - | €171 | +€171 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €171 | €1,454 | +€1,283 | +750.5% |
| Other operating charges | 640/8 | €5,220 | €6,705 | +€1,485 | +28.4% |
| Gross operating margin | 9900 | €5,625 | €9,707 | +€4,082 | +72.6% |
| Operating profit (loss) | 9901 | €234 | €1,548 | +€1,314 | +561.0% |
| Financial income | 75/76B | €2,274 | €2,288 | +€14 | +0.6% |
| Recurring financial income | 75 | €2,274 | €2,288 | +€14 | +0.6% |
| Financial charges | 65/66B | €93 | €79 | -€14 | -14.9% |
| Recurring financial charges | 65 | €93 | €79 | -€14 | -14.9% |
| Profit (loss) for the period before taxes | 9903 | €2,415 | €3,757 | +€1,342 | +55.5% |
| Income taxes | 67/77 | €1,815 | €1,847 | +€32 | +1.7% |
| Profit (loss) for the period | 9904 | €600 | €1,910 | +€1,310 | +218.3% |
| Profit (loss) for the period to be appropriated | 9905 | €600 | €1,910 | +€1,310 | +218.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.