AXELLE: 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.
AXELLE
Largest movements
- Cash +€1,450
new in 2024: €1,450
- Other debts +€2,882
up €2,882 (+3.8%), from €75,086 to €77,968
- Profit (loss) carried forward -€2,604
down €2,604 (-2.3%), from -€115,161 to -€117,765
- Trade debts +€1,180
new in 2024: €1,180
- Gross operating margin -€760
down €760 (-50.3%), from -€1,509 to -€2,269
- Other operating charges +€62
new in 2024: €62
- Financial charges +€39
up €39 (+500%), from €8 to €46
From the 2022 result to the 2024 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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2022 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €85,000 | €86,450 | +€1,450 | +1.7% |
| Fixed assets | 21/28 | €65,000 | €65,000 | = | 0.0% |
| Financial fixed assets | 28 | €65,000 | €65,000 | = | 0.0% |
| Current assets | 29/58 | €20,000 | €21,450 | +€1,450 | +7.3% |
| Amounts receivable within one year | 40/41 | €20,000 | €20,000 | = | 0.0% |
| Other amounts receivable | 41 | €20,000 | €20,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | - | €1,450 | +€1,450 | |
| Total equity and liabilities | 10/49 | €85,000 | €86,450 | +€1,450 | +1.7% |
| Equity | 10/15 | -€21,093 | -€23,697 | -€2,604 | -12.3% |
| Contributions | 10/11 | €93,000 | €93,000 | = | 0.0% |
| Contributions outside capital | 11 | €93,000 | - | -€93,000 | |
| Other | 1109/19 | €93,000 | - | -€93,000 | |
| Reserves | 13 | €1,068 | €1,068 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,068 | €1,068 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,068 | €1,068 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€115,161 | -€117,765 | -€2,604 | -2.3% |
| Amounts payable | 17/49 | €106,093 | €110,147 | +€4,054 | +3.8% |
| Amounts payable within one year | 42/48 | €106,093 | €110,147 | +€4,054 | +3.8% |
| Current portion of amounts payable after more than one year | 42 | €31,000 | €31,000 | = | 0.0% |
| Financial debts | 43 | €8 | - | -€8 | |
| Credit institutions | 430/8 | €8 | - | -€8 | |
| Trade debts | 44 | - | €1,180 | +€1,180 | |
| Suppliers | 440/4 | - | €1,180 | +€1,180 | |
| Other amounts payable | 47/48 | €75,086 | €77,968 | +€2,882 | +3.8% |
| Other operating charges | 640/8 | - | €62 | +€62 | |
| Gross operating margin | 9900 | -€1,509 | -€2,269 | -€760 | -50.3% |
| Operating profit (loss) | 9901 | -€1,509 | -€2,331 | -€822 | -54.5% |
| Financial charges | 65/66B | €8 | €46 | +€39 | +500% |
| Recurring financial charges | 65 | €8 | €46 | +€39 | +500% |
| Profit (loss) for the period before taxes | 9903 | -€1,517 | -€2,377 | -€860 | -56.7% |
| Profit (loss) for the period | 9904 | -€1,517 | -€2,377 | -€860 | -56.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,517 | -€2,377 | -€860 | -56.7% |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.