AXE AUTO: 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.
AXE AUTO
Largest movements
- Cash -€70,562
down €70,562 (-54.0%), from €130,656 to €60,094
mainly Receivables within one year (-€54,183) and Trade debts (-€12,284)
- Receivables within one year +€54,183
up €54,183 (+68.7%), from €78,880 to €133,063
of which Other amounts receivable: +€74,139
- Stocks and contracts +€3,431
up €3,431 (+7.9%), from €43,242 to €46,673
- Trade debts -€12,284
down €12,284 (-23.1%), from €53,122 to €40,838
- Debts after one year -€9,281
down €9,281 (-33.7%), from €27,546 to €18,266
- Tax, wage and social debts +€5,370
up €5,370 (+44.7%), from €12,022 to €17,392
of which Taxes: +€4,098
- Other operating charges -€73,331
down €73,331 (-96.1%), from €76,299 to €2,968
- Gross operating margin +€40,574
up €40,574 (+61.0%), from €66,566 to €107,140
- Staff costs +€13,685
up €13,685 (+28.6%), from €47,903 to €61,587
- Financial income -€2,853
down €2,853 (-98.2%), from €2,906 to €54
- Taxes +€2,550
up €2,550 (+528.4%), from €483 to €3,033
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 | €252,870 | €240,527 | -€12,343 | -4.9% |
| Current assets | 29/58 | €252,870 | €240,527 | -€12,343 | -4.9% |
| Stocks and contracts in progress | 3 | €43,242 | €46,673 | +€3,431 | +7.9% |
| Stocks | 30/36 | €43,242 | €46,673 | +€3,431 | +7.9% |
| Amounts receivable within one year | 40/41 | €78,880 | €133,063 | +€54,183 | +68.7% |
| Trade receivables | 40 | €21,577 | €1,620 | -€19,956 | -92.5% |
| Other amounts receivable | 41 | €57,303 | €131,442 | +€74,139 | +129.4% |
| Cash at bank and in hand | 54/58 | €130,656 | €60,094 | -€70,562 | -54.0% |
| Deferred charges and accrued income | 490/1 | €92 | €697 | +€605 | +657.3% |
| Total equity and liabilities | 10/49 | €252,870 | €240,527 | -€12,343 | -4.9% |
| Equity | 10/15 | €130,770 | €131,659 | +€888 | +0.7% |
| Contributions | 10/11 | €55,500 | €55,500 | = | 0.0% |
| Outside capital | 11 | €55,500 | - | -€55,500 | |
| Other | 1109/19 | €55,500 | - | -€55,500 | |
| Reserves | 13 | €5,550 | €5,550 | = | 0.0% |
| Non-distributable reserves | 130/1 | €5,550 | €5,550 | = | 0.0% |
| Reserves not available under the articles | 1311 | €5,550 | €5,550 | = | 0.0% |
| Profit (loss) carried forward | 14 | €69,720 | €70,609 | +€888 | +1.3% |
| Amounts payable | 17/49 | €122,100 | €108,868 | -€13,231 | -10.8% |
| Amounts payable after more than one year | 17 | €27,546 | €18,266 | -€9,281 | -33.7% |
| Financial debts | 170/4 | €27,546 | €18,266 | -€9,281 | -33.7% |
| Amounts payable within one year | 42/48 | €94,553 | €88,392 | -€6,161 | -6.5% |
| Current portion of amounts payable after more than one year | 42 | €9,634 | €11,347 | +€1,712 | +17.8% |
| Financial debts | 43 | €11,780 | €10,377 | -€1,403 | -11.9% |
| Credit institutions | 430/8 | €11,780 | €10,377 | -€1,403 | -11.9% |
| Trade debts | 44 | €53,122 | €40,838 | -€12,284 | -23.1% |
| Suppliers | 440/4 | €53,122 | €40,838 | -€12,284 | -23.1% |
| Taxes, remuneration and social security | 45 | €12,022 | €17,392 | +€5,370 | +44.7% |
| Taxes | 450/3 | €286 | €4,385 | +€4,098 | +1431.7% |
| Remuneration and social security | 454/9 | €11,735 | €13,007 | +€1,272 | +10.8% |
| Other amounts payable | 47/48 | €7,995 | €8,439 | +€443 | +5.5% |
| Accrued charges and deferred income | 492/3 | - | €2,210 | +€2,210 | |
| Remuneration, social security and pensions | 62 | €47,903 | €61,587 | +€13,685 | +28.6% |
| Other operating charges | 640/8 | €76,299 | €2,968 | -€73,331 | -96.1% |
| Non-recurring operating charges | 66A | - | €29,073 | +€29,073 | |
| Gross operating margin | 9900 | €66,566 | €107,140 | +€40,574 | +61.0% |
| Operating profit (loss) | 9901 | -€57,635 | €13,512 | +€71,147 | |
| Financial income | 75/76B | €2,906 | €54 | -€2,853 | -98.2% |
| Recurring financial income | 75 | €2,906 | €54 | -€2,853 | -98.2% |
| Financial charges | 65/66B | €10,799 | €9,644 | -€1,155 | -10.7% |
| Recurring financial charges | 65 | €10,799 | €7,426 | -€3,373 | -31.2% |
| Non-recurring financial charges | 66B | - | €2,218 | +€2,218 | |
| Profit (loss) for the period before taxes | 9903 | -€65,528 | €3,921 | +€69,450 | |
| Income taxes | 67/77 | €483 | €3,033 | +€2,550 | +528.4% |
| Profit (loss) for the period | 9904 | -€66,011 | €888 | +€66,899 | |
| Profit (loss) for the period to be appropriated | 9905 | -€66,011 | €888 | +€66,899 |
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 7 October 2026 via checked.be.