Axcellit: what changed
Axcellit
Largest movements
- Cash +€82,747
up €82,747 (+790%), from €10,473 to €93,221
mainly Net result for the year (+€69,073) and Tax, wage and social debts (+€17,261)
- Deferred charges and accrued income +€3,472
new in 2025: €3,472
- Tangible fixed assets +€2,119
new in 2025: €2,119
of which Other tangible fixed assets: +€1,288
- Receivables within one year -€1,923
down €1,923 (-11.5%), from €16,697 to €14,775
of which Trade receivables: -€1,936
- Reserves +€69,073
up €69,073 (+451%), from €15,325 to €84,398
- Tax, wage and social debts +€17,261
up €17,261 (+193%), from €8,966 to €26,227
- Gross operating margin +€68,588
up €68,588 (+358%), from €19,144 to €87,732
- Taxes +€13,632
up €13,632 (+356%), from €3,831 to €17,463
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €27,171 | €113,587 | +€86,417 | +318% |
| Fixed assets | 21/28 | - | €2,119 | +€2,119 | |
| Tangible fixed assets | 22/27 | - | €2,119 | +€2,119 | |
| Plant, machinery and equipment | 23 | - | €831 | +€831 | |
| Other tangible fixed assets | 26 | - | €1,288 | +€1,288 | |
| Current assets | 29/58 | €27,171 | €111,468 | +€84,297 | +310% |
| Amounts receivable within one year | 40/41 | €16,697 | €14,775 | -€1,923 | -11.5% |
| Trade receivables | 40 | €16,456 | €14,520 | -€1,936 | -11.8% |
| Other amounts receivable | 41 | €241 | €255 | +€13 | +5.6% |
| Cash at bank and in hand | 54/58 | €10,473 | €93,221 | +€82,747 | +790% |
| Deferred charges and accrued income | 490/1 | - | €3,472 | +€3,472 | |
| Total equity and liabilities | 10/49 | €27,171 | €113,587 | +€86,417 | +318% |
| Equity | 10/15 | €17,325 | €86,398 | +€69,073 | +399% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €15,325 | €84,398 | +€69,073 | +451% |
| Distributable reserves | 133 | €15,325 | €84,398 | +€69,073 | +451% |
| Amounts payable | 17/49 | €9,845 | €27,189 | +€17,344 | +176% |
| Amounts payable within one year | 42/48 | €9,845 | €27,189 | +€17,344 | +176% |
| Trade debts | 44 | €880 | €963 | +€83 | +9.5% |
| Suppliers | 440/4 | €880 | €963 | +€83 | +9.5% |
| Taxes, remuneration and social security | 45 | €8,966 | €26,227 | +€17,261 | +193% |
| Taxes | 450/3 | €8,966 | €26,227 | +€17,261 | +193% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €684 | +€684 | |
| Other operating charges | 640/8 | - | €525 | +€525 | |
| Gross operating margin | 9900 | €19,144 | €87,732 | +€68,588 | +358% |
| Operating profit (loss) | 9901 | €19,144 | €86,523 | +€67,379 | +352% |
| Financial income | 75/76B | €12 | €13 | +€1 | +8.2% |
| Recurring financial income | 75 | €12 | €13 | +€1 | +8.2% |
| Profit (loss) for the period before taxes | 9903 | €19,156 | €86,536 | +€67,380 | +352% |
| Income taxes | 67/77 | €3,831 | €17,463 | +€13,632 | +356% |
| Profit (loss) for the period | 9904 | €15,325 | €69,073 | +€53,747 | +351% |
| Profit (loss) for the period to be appropriated | 9905 | €15,325 | €69,073 | +€53,747 | +351% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.