AXCESPOINT: 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.
AXCESPOINT
Largest movements
- Cash +€383,835
up €383,835 (+192%), from €199,688 to €583,523
mainly Debts after one year (+€977,823) and Net result for the year (+€886,403)
- Receivables after one year +€244,839
new in 2025: €244,839
- Receivables within one year -€217,728
down €217,728 (-59.5%), from €365,854 to €148,126
- Tangible fixed assets -€112,237
down €112,237 (-2.1%), from €5.4m to €5.3m
of which Land and buildings: -€109,781
- Debts after one year +€977,823
up €977,823 (+41.6%), from €2.4m to €3.3m
- Other debts -€523,830
down €523,830 (-68.5%), from €764,458 to €240,628
- Reserves -€505,453
down €505,453 (-14.2%), from €3.6m to €3.1m
of which Distributable reserves: -€505,453
- Current portion of long-term debt +€311,725
up €311,725 (+169%), from €184,930 to €496,656
- Gross operating margin +€273,753
up €273,753 (+19.6%), from €1.4m to €1.7m
- Depreciation -€155,751
down €155,751 (-35.8%), from €434,548 to €278,797
- Taxes +€105,346
up €105,346 (+36.9%), from €285,393 to €390,740
- Other operating charges +€63,422
up €63,422 (+662%), from €9,574 to €72,996
- Financial income +€44,276
up €44,276 (+239%), from €18,497 to €62,773
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 | €6,943,855 | €7,229,361 | +€285,506 | +4.1% |
| Fixed assets | 21/28 | €5,552,222 | €5,439,985 | -€112,237 | -2.0% |
| Tangible fixed assets | 22/27 | €5,402,222 | €5,289,985 | -€112,237 | -2.1% |
| Land and buildings | 22 | €5,350,120 | €5,240,340 | -€109,781 | -2.1% |
| Furniture and vehicles | 24 | €19,975 | €17,519 | -€2,456 | -12.3% |
| Other tangible fixed assets | 26 | €32,127 | €32,127 | = | 0.0% |
| Financial fixed assets | 28 | €150,000 | €150,000 | = | 0.0% |
| Current assets | 29/58 | €1,391,633 | €1,789,376 | +€397,743 | +28.6% |
| Amounts receivable after more than one year | 29 | - | €244,839 | +€244,839 | |
| Other amounts receivable | 291 | - | €244,839 | +€244,839 | |
| Amounts receivable within one year | 40/41 | €365,854 | €148,126 | -€217,728 | -59.5% |
| Other amounts receivable | 41 | €365,854 | €148,126 | -€217,728 | -59.5% |
| Current investments | 50/53 | €811,554 | €811,554 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €199,688 | €583,523 | +€383,835 | +192% |
| Deferred charges and accrued income | 490/1 | €14,536 | €1,333 | -€13,203 | -90.8% |
| Total equity and liabilities | 10/49 | €6,943,855 | €7,229,361 | +€285,506 | +4.1% |
| Equity | 10/15 | €3,586,224 | €3,080,771 | -€505,453 | -14.1% |
| Contributions | 10/11 | €18,107 | €18,107 | = | 0.0% |
| Reserves | 13 | €3,568,117 | €3,062,664 | -€505,453 | -14.2% |
| Non-distributable reserves | 130/1 | €252,000 | €252,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €252,000 | €252,000 | = | 0.0% |
| Distributable reserves | 133 | €3,316,117 | €2,810,664 | -€505,453 | -15.2% |
| Amounts payable | 17/49 | €3,357,631 | €4,148,590 | +€790,959 | +23.6% |
| Amounts payable after more than one year | 17 | €2,350,359 | €3,328,182 | +€977,823 | +41.6% |
| Financial debts | 170/4 | €2,350,359 | €3,328,182 | +€977,823 | +41.6% |
| Amounts payable within one year | 42/48 | €990,341 | €817,847 | -€172,494 | -17.4% |
| Current portion of amounts payable after more than one year | 42 | €184,930 | €496,656 | +€311,725 | +169% |
| Trade debts | 44 | €40,953 | €11,289 | -€29,664 | -72.4% |
| Suppliers | 440/4 | €40,953 | €11,289 | -€29,664 | -72.4% |
| Taxes, remuneration and social security | 45 | - | €69,274 | +€69,274 | |
| Taxes | 450/3 | - | €69,274 | +€69,274 | |
| Other amounts payable | 47/48 | €764,458 | €240,628 | -€523,830 | -68.5% |
| Accrued charges and deferred income | 492/3 | €16,931 | €2,562 | -€14,370 | -84.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €434,548 | €278,797 | -€155,751 | -35.8% |
| Other operating charges | 640/8 | €9,574 | €72,996 | +€63,422 | +662% |
| Gross operating margin | 9900 | €1,398,768 | €1,672,521 | +€273,753 | +19.6% |
| Operating profit (loss) | 9901 | €954,646 | €1,320,728 | +€366,082 | +38.3% |
| Financial income | 75/76B | €18,497 | €62,773 | +€44,276 | +239% |
| Recurring financial income | 75 | €18,497 | €62,773 | +€44,276 | +239% |
| Financial charges | 65/66B | €92,590 | €106,359 | +€13,769 | +14.9% |
| Recurring financial charges | 65 | €92,590 | €106,359 | +€13,769 | +14.9% |
| Profit (loss) for the period before taxes | 9903 | €880,553 | €1,277,142 | +€396,589 | +45.0% |
| Income taxes | 67/77 | €285,393 | €390,740 | +€105,346 | +36.9% |
| Profit (loss) for the period | 9904 | €595,160 | €886,403 | +€291,243 | +48.9% |
| Transfer from tax-exempt reserves | 789 | €59,907 | - | -€59,907 | |
| Profit (loss) for the period to be appropriated | 9905 | €655,066 | €886,403 | +€231,336 | +35.3% |
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 15 October 2026 via checked.be.