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AXECA: 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.

What changed

AXECA

BE 0889.017.173
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€7,440
2024 · €13,898-€6,458
Equity
€27,124
2024 · €19,685+€7,439
Cash
€9,787
2024 · €1,500+€8,287
Balance sheet total
€29,479
2024 · €21,101+€8,378

Largest movements

2024 to 2025
Assets
  • Cash +€8,287

    up €8,287 (+552.5%), from €1,500 to €9,787

    mainly Net result for the year (+€7,440) and Tax, wage and social debts (+€550)

Equity and liabilities
  • Profit (loss) carried forward +€7,439

    up €7,439, from -€2,315 to €5,124

  • Tax, wage and social debts +€550

    new in 2025: €550

  • Accrued charges and deferred income +€389

    up €389 (+86.8%), from €448 to €837

Income statement
  • Gross operating margin -€6,431

    down €6,431 (-48.1%), from €13,377 to €6,946

  • Taxes +€550

    new in 2025: €550

  • Financial income +€499

    up €499 (+72.1%), from €692 to €1,191

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €13,898
Gross operating margin -€6,431
Other operating charges +€24
Financial income +€499
Taxes -€550
Result 2025 €7,440

Cash bridge derived

cash 2024 to 2025

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.

From operations +€8,288
Investment €0
Financing -€1
Cash 2024 €1,500
Net result for the year +€7,440
Receivables within one year -€91
Tax, wage and social debts +€550
Accrued charges and deferred income +€389
Contributions, distributions and other -€1
Cash 2025 €9,787
Every line side by side 32 lines
Line Code 2024 2025 Change %
Total assets 20/58 €21,101 €29,479 +€8,378 +39.7%
Current assets 29/58 €21,101 €29,479 +€8,378 +39.7%
Amounts receivable within one year 40/41 €19,601 €19,692 +€91 +0.5%
Other amounts receivable 41 €19,601 €19,692 +€91 +0.5%
Cash at bank and in hand 54/58 €1,500 €9,787 +€8,287 +552.5%
Total equity and liabilities 10/49 €21,101 €29,479 +€8,378 +39.7%
Equity 10/15 €19,685 €27,124 +€7,439 +37.8%
Contributions 10/11 €20,000 €20,000 = 0.0%
Capital 10 €20,000 €20,000 = 0.0%
Issued capital 100 €20,000 €20,000 = 0.0%
Reserves 13 €2,000 €2,000 = 0.0%
Non-distributable reserves 130/1 €2,000 €2,000 = 0.0%
Legal reserve 130 €2,000 €2,000 = 0.0%
Profit (loss) carried forward 14 -€2,315 €5,124 +€7,439
Amounts payable 17/49 €1,416 €2,355 +€939 +66.3%
Amounts payable within one year 42/48 €968 €1,518 +€550 +56.8%
Trade debts 44 €968 €968 = 0.0%
Suppliers 440/4 €968 €968 = 0.0%
Taxes, remuneration and social security 45 - €550 +€550
Taxes 450/3 - €550 +€550
Accrued charges and deferred income 492/3 €448 €837 +€389 +86.8%
Other operating charges 640/8 €129 €105 -€24 -18.6%
Gross operating margin 9900 €13,377 €6,946 -€6,431 -48.1%
Operating profit (loss) 9901 €13,248 €6,841 -€6,407 -48.4%
Financial income 75/76B €692 €1,191 +€499 +72.1%
Recurring financial income 75 €692 €1,191 +€499 +72.1%
Financial charges 65/66B €42 €42 = 0.0%
Recurring financial charges 65 €42 €42 = 0.0%
Profit (loss) for the period before taxes 9903 €13,898 €7,990 -€5,908 -42.5%
Income taxes 67/77 - €550 +€550
Profit (loss) for the period 9904 €13,898 €7,440 -€6,458 -46.5%
Profit (loss) for the period to be appropriated 9905 €13,898 €7,440 -€6,458 -46.5%

Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.