AXCENO: 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.
AXCENO
Largest movements
- Cash -€1,497
down €1,497 (-90.9%), from €1,647 to €149
mainly Net result for the year (-€1,399) and Receivables within one year (-€812)
- Receivables within one year +€812
up €812 (+267%), from €304 to €1,116
of which Trade receivables: +€924
- Profit (loss) carried forward -€1,399
down €1,399 (-10.7%), from -€13,026 to -€14,425
- Trade debts +€621
up €621 (+177%), from €350 to €971
- Gross operating margin +€8,124
up €8,124 (+98.8%), from -€8,223 to -€99
- Other operating charges +€868
up €868 (+735%), from €118 to €986
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 | €36,072 | €35,387 | -€686 | -1.9% |
| Fixed assets | 21/28 | €34,121 | €34,121 | = | 0.0% |
| Tangible fixed assets | 22/27 | €34,121 | €34,121 | = | 0.0% |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €34,121 | €34,121 | = | 0.0% |
| Current assets | 29/58 | €1,951 | €1,266 | -€686 | -35.1% |
| Amounts receivable within one year | 40/41 | €304 | €1,116 | +€812 | +267% |
| Trade receivables | 40 | €186 | €1,111 | +€924 | +496% |
| Other amounts receivable | 41 | €118 | €6 | -€112 | -95.2% |
| Cash at bank and in hand | 54/58 | €1,647 | €149 | -€1,497 | -90.9% |
| Total equity and liabilities | 10/49 | €36,072 | €35,387 | -€686 | -1.9% |
| Equity | 10/15 | €25,495 | €24,096 | -€1,399 | -5.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €32,321 | €32,321 | = | 0.0% |
| Distributable reserves | 133 | €32,321 | €32,321 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€13,026 | -€14,425 | -€1,399 | -10.7% |
| Amounts payable | 17/49 | €10,577 | €11,291 | +€714 | +6.7% |
| Amounts payable within one year | 42/48 | €10,577 | €11,291 | +€714 | +6.7% |
| Trade debts | 44 | €350 | €971 | +€621 | +177% |
| Suppliers | 440/4 | €350 | €971 | +€621 | +177% |
| Taxes, remuneration and social security | 45 | €333 | €426 | +€93 | +28.0% |
| Taxes | 450/3 | €333 | €426 | +€93 | +28.0% |
| Other amounts payable | 47/48 | €9,894 | €9,894 | = | 0.0% |
| Other operating charges | 640/8 | €118 | €986 | +€868 | +735% |
| Gross operating margin | 9900 | -€8,223 | -€99 | +€8,124 | +98.8% |
| Operating profit (loss) | 9901 | -€8,341 | -€1,085 | +€7,257 | +87.0% |
| Financial income | 75/76B | - | €2 | +€2 | |
| Recurring financial income | 75 | - | €2 | +€2 | |
| Financial charges | 65/66B | €130 | €141 | +€11 | +8.3% |
| Recurring financial charges | 65 | €130 | €141 | +€11 | +8.3% |
| Profit (loss) for the period before taxes | 9903 | -€8,471 | -€1,223 | +€7,248 | +85.6% |
| Income taxes | 67/77 | €140 | €176 | +€37 | +26.2% |
| Profit (loss) for the period | 9904 | -€8,611 | -€1,399 | +€7,211 | +83.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,611 | -€1,399 | +€7,211 | +83.7% |
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 18 October 2026 via checked.be.