AXCYS Design: what changed
Two fiscal 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.
AXCYS Design
Largest movements
- Cash -€16,744
down €16,744 (-81.1%), from €20,652 to €3,908
mainly Other debts (-€21,250) and Tax, wage and social debts (-€12,483)
- Receivables within one year -€10,196
down €10,196 (-47.6%), from €21,403 to €11,207
of which Trade receivables: -€11,774
- Tangible fixed assets -€4,935
down €4,935 (-26.5%), from €18,615 to €13,680
- Other debts -€21,250
no longer reported in 2025 (was €21,250)
- Tax, wage and social debts -€12,483
down €12,483 (-66.0%), from €18,919 to €6,436
- Profit (loss) carried forward +€2,875
up €2,875 (+150.8%), from €1,907 to €4,782
- Gross operating margin -€50,142
down €50,142 (-74.5%), from €67,304 to €17,162
- Staff costs -€20,863
no longer reported in 2025 (was €20,863)
- Taxes -€7,121
down €7,121 (-58.7%), from €12,140 to €5,019
- Financial charges -€1,303
down €1,303 (-51.2%), from €2,547 to €1,244
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.
Cash bridge derived
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 | €62,269 | €30,924 | -€31,345 | -50.3% |
| Fixed assets | 21/28 | €18,615 | €13,680 | -€4,935 | -26.5% |
| Tangible fixed assets | 22/27 | €18,615 | €13,680 | -€4,935 | -26.5% |
| Land and buildings | 22 | €14,040 | €11,822 | -€2,218 | -15.8% |
| Plant, machinery and equipment | 23 | €625 | €149 | -€476 | -76.2% |
| Furniture and vehicles | 24 | €3,950 | €1,709 | -€2,241 | -56.7% |
| Current assets | 29/58 | €43,654 | €17,244 | -€26,410 | -60.5% |
| Amounts receivable within one year | 40/41 | €21,403 | €11,207 | -€10,196 | -47.6% |
| Trade receivables | 40 | €14,338 | €2,564 | -€11,774 | -82.1% |
| Other amounts receivable | 41 | €7,065 | €8,643 | +€1,578 | +22.3% |
| Cash at bank and in hand | 54/58 | €20,652 | €3,908 | -€16,744 | -81.1% |
| Deferred charges and accrued income | 490/1 | €1,599 | €2,129 | +€530 | +33.1% |
| Total equity and liabilities | 10/49 | €62,269 | €30,924 | -€31,345 | -50.3% |
| Equity | 10/15 | €20,507 | €23,382 | +€2,875 | +14.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,907 | €4,782 | +€2,875 | +150.8% |
| Amounts payable | 17/49 | €41,762 | €7,542 | -€34,220 | -81.9% |
| Amounts payable within one year | 42/48 | €41,762 | €7,542 | -€34,220 | -81.9% |
| Trade debts | 44 | €1,593 | €1,106 | -€487 | -30.6% |
| Suppliers | 440/4 | €1,593 | €1,106 | -€487 | -30.6% |
| Taxes, remuneration and social security | 45 | €18,919 | €6,436 | -€12,483 | -66.0% |
| Taxes | 450/3 | €18,919 | €6,436 | -€12,483 | -66.0% |
| Other amounts payable | 47/48 | €21,250 | - | -€21,250 | |
| Remuneration, social security and pensions | 62 | €20,863 | - | -€20,863 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,935 | €4,935 | = | 0.0% |
| Other operating charges | 640/8 | €3,260 | €3,089 | -€171 | -5.2% |
| Gross operating margin | 9900 | €67,304 | €17,162 | -€50,142 | -74.5% |
| Operating profit (loss) | 9901 | €38,246 | €9,138 | -€29,108 | -76.1% |
| Financial charges | 65/66B | €2,547 | €1,244 | -€1,303 | -51.2% |
| Recurring financial charges | 65 | €2,547 | €1,244 | -€1,303 | -51.2% |
| Profit (loss) for the period before taxes | 9903 | €35,699 | €7,894 | -€27,805 | -77.9% |
| Income taxes | 67/77 | €12,140 | €5,019 | -€7,121 | -58.7% |
| Profit (loss) for the period | 9904 | €23,559 | €2,875 | -€20,684 | -87.8% |
| Profit (loss) for the period to be appropriated | 9905 | €23,559 | €2,875 | -€20,684 | -87.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.