AXCO CONCRETE: what changed
What changed
AXCO CONCRETE
NACE 70.200, Business and other management consultancy
filed annual accounts (NBB)
Net result for the year
€92
2024 · -€136+€227
Equity
€629,572
2024 · €629,480+€92
Cash
€184,086
2024 · €61,012+€123,074
Balance sheet total
€2.0m
2024 · €1.9m+€153,757
Largest movements
Assets
- Tangible fixed assets +€273,895
up €273,895 (+60.7%), from €451,112 to €725,007
of which Land and buildings: +€318,485
- Receivables within one year -€123,263
down €123,263 (-79.4%), from €155,304 to €32,041
of which Other amounts receivable: -€142,865
- Cash +€123,074
up €123,074 (+202%), from €61,012 to €184,086
mainly Debts after one year (+€127,883) and Receivables within one year (+€123,263)
- Current investments -€120,000
no longer reported in 2025 (was €120,000)
Equity and liabilities
- Debts after one year +€127,883
up €127,883 (+11.9%), from €1.1m to €1.2m
- Other debts +€59,983
up €59,983 (+2,734%), from €2,194 to €62,177
- Current portion of long-term debt -€22,700
down €22,700 (-32.5%), from €69,900 to €47,200
Income statement
- Gross operating margin +€33,395
up €33,395 (+39.4%), from €84,784 to €118,178
- Depreciation +€21,646
up €21,646 (+60.3%), from €35,921 to €57,567
- Financial charges +€11,144
up €11,144 (+23.9%), from €46,603 to €57,747
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.
Result 2024
-€136
Gross operating margin
+€33,395
Depreciation
-€21,646
Other operating charges
-€918
Financial income
+€549
Financial charges
-€11,144
Taxes
-€8
Result 2025
€92
raises the resultlowers the result
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.
From operations
+€229,352
Investment
-€211,462
Financing
+€105,183
Cash 2024
€61,012
From operations (derived)
+€229,352
Net result for the year
+€92
Depreciation
+€57,567
Receivables within one year
+€123,263
Deferred charges and accrued income
-€51
Trade debts
-€19,068
Tax, wage and social debts
+€8,950
Other debts
+€59,983
Accrued charges and deferred income
-€1,383
Investment (derived)
-€211,462
Investment in fixed assets (net)
-€331,462
Current investments
+€120,000
Financing
+€105,183
Debts after one year
+€127,883
Current portion of long-term debt
-€22,700
Cash 2025
€184,086
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,851,521 | €2,005,278 | +€153,757 | +8.3% |
| Fixed assets | 21/28 | €1,513,612 | €1,787,507 | +€273,895 | +18.1% |
| Tangible fixed assets | 22/27 | €451,112 | €725,007 | +€273,895 | +60.7% |
| Land and buildings | 22 | €341,867 | €660,352 | +€318,485 | +93.2% |
| Plant, machinery and equipment | 23 | €1,151 | €831 | -€320 | -27.8% |
| Furniture and vehicles | 24 | €90,533 | €63,823 | -€26,709 | -29.5% |
| Assets under construction and advance payments | 27 | €17,561 | - | -€17,561 | |
| Financial fixed assets | 28 | €1,062,500 | €1,062,500 | = | 0.0% |
| Current assets | 29/58 | €337,909 | €217,771 | -€120,138 | -35.6% |
| Amounts receivable within one year | 40/41 | €155,304 | €32,041 | -€123,263 | -79.4% |
| Trade receivables | 40 | €556 | €20,158 | +€19,602 | +3,523% |
| Other amounts receivable | 41 | €154,747 | €11,883 | -€142,865 | -92.3% |
| Current investments | 50/53 | €120,000 | - | -€120,000 | |
| Cash at bank and in hand | 54/58 | €61,012 | €184,086 | +€123,074 | +202% |
| Deferred charges and accrued income | 490/1 | €1,594 | €1,645 | +€51 | +3.2% |
| Total equity and liabilities | 10/49 | €1,851,521 | €2,005,278 | +€153,757 | +8.3% |
| Equity | 10/15 | €629,480 | €629,572 | +€92 | 0.0% |
| Contributions | 10/11 | €436,000 | €436,000 | = | 0.0% |
| Reserves | 13 | €193,616 | €193,616 | = | 0.0% |
| Distributable reserves | 133 | €193,616 | €193,616 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€136 | -€44 | +€92 | +67.5% |
| Amounts payable | 17/49 | €1,222,041 | €1,375,706 | +€153,665 | +12.6% |
| Amounts payable after more than one year | 17 | €1,078,595 | €1,206,478 | +€127,883 | +11.9% |
| Financial debts | 170/4 | €1,078,595 | €1,206,478 | +€127,883 | +11.9% |
| Amounts payable within one year | 42/48 | €98,705 | €125,871 | +€27,165 | +27.5% |
| Current portion of amounts payable after more than one year | 42 | €69,900 | €47,200 | -€22,700 | -32.5% |
| Trade debts | 44 | €22,656 | €3,588 | -€19,068 | -84.2% |
| Suppliers | 440/4 | €22,656 | €3,588 | -€19,068 | -84.2% |
| Taxes, remuneration and social security | 45 | €3,955 | €12,905 | +€8,950 | +226% |
| Taxes | 450/3 | €3,955 | €12,905 | +€8,950 | +226% |
| Other amounts payable | 47/48 | €2,194 | €62,177 | +€59,983 | +2,734% |
| Accrued charges and deferred income | 492/3 | €44,741 | €43,358 | -€1,383 | -3.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,921 | €57,567 | +€21,646 | +60.3% |
| Other operating charges | 640/8 | €1,115 | €2,034 | +€918 | +82.3% |
| Gross operating margin | 9900 | €84,784 | €118,178 | +€33,395 | +39.4% |
| Operating profit (loss) | 9901 | €47,747 | €58,578 | +€10,830 | +22.7% |
| Financial income | 75/76B | - | €549 | +€549 | |
| Recurring financial income | 75 | - | €549 | +€549 | |
| Financial charges | 65/66B | €46,603 | €57,747 | +€11,144 | +23.9% |
| Recurring financial charges | 65 | €46,603 | €57,747 | +€11,144 | +23.9% |
| Profit (loss) for the period before taxes | 9903 | €1,144 | €1,379 | +€235 | +20.6% |
| Income taxes | 67/77 | €1,280 | €1,288 | +€8 | +0.6% |
| Profit (loss) for the period | 9904 | -€136 | €92 | +€227 | |
| Profit (loss) for the period to be appropriated | 9905 | -€136 | €92 | +€227 |
Next steps
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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 2 November 2026 via checked.be.