Axemédia: 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.
Axemédia
Largest movements
- Receivables within one year -€454,223
down €454,223 (-56.0%), from €811,272 to €357,049
of which Other amounts receivable: -€393,375
- Intangible fixed assets -€54,593
down €54,593 (-64.1%), from €85,210 to €30,618
- Debts after one year -€335,100
no longer reported in 2025 (was €335,100)
- Other debts -€238,357
no longer reported in 2025 (was €238,357)
- Trade debts +€63,126
up €63,126 (+563.1%), from €11,210 to €74,336
- Tax, wage and social debts -€18,027
down €18,027 (-5.2%), from €346,453 to €328,426
of which Taxes: -€18,383
- Profit (loss) carried forward +€11,254
up €11,254 (+12.0%), from -€93,732 to -€82,478
- Financial charges -€122,176
down €122,176 (-85.6%), from €142,664 to €20,487
of which Non-recurring financial charges: -€122,695
- Financial income -€87,300
down €87,300 (-64.3%), from €135,672 to €48,372
of which Non-recurring financial income: -€95,378
- Depreciation -€26,339
down €26,339 (-32.2%), from €81,844 to €55,505
- Staff costs +€19,969
up €19,969 (+1.4%), from €1.4m to €1.4m
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €905,588 | €388,484 | -€517,104 | -57.1% |
| Fixed assets | 21/28 | €94,044 | €30,618 | -€63,427 | -67.4% |
| Intangible fixed assets | 21 | €85,210 | €30,618 | -€54,593 | -64.1% |
| Tangible fixed assets | 22/27 | €912 | - | -€912 | |
| Furniture and vehicles | 24 | €912 | - | -€912 | |
| Financial fixed assets | 28 | €7,922 | - | -€7,922 | |
| Current assets | 29/58 | €811,544 | €357,866 | -€453,677 | -55.9% |
| Amounts receivable within one year | 40/41 | €811,272 | €357,049 | -€454,223 | -56.0% |
| Trade receivables | 40 | €192,943 | €132,095 | -€60,848 | -31.5% |
| Other amounts receivable | 41 | €618,330 | €224,954 | -€393,375 | -63.6% |
| Deferred charges and accrued income | 490/1 | €272 | €817 | +€546 | +200.9% |
| Total equity and liabilities | 10/49 | €905,588 | €388,484 | -€517,104 | -57.1% |
| Equity | 10/15 | -€25,532 | -€14,278 | +€11,254 | +44.1% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €6,200 | €6,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€93,732 | -€82,478 | +€11,254 | +12.0% |
| Amounts payable | 17/49 | €931,120 | €402,762 | -€528,358 | -56.7% |
| Amounts payable after more than one year | 17 | €335,100 | - | -€335,100 | |
| Other amounts payable | 178/9 | €335,100 | - | -€335,100 | |
| Amounts payable within one year | 42/48 | €596,020 | €402,762 | -€193,258 | -32.4% |
| Trade debts | 44 | €11,210 | €74,336 | +€63,126 | +563.1% |
| Suppliers | 440/4 | €11,210 | €74,336 | +€63,126 | +563.1% |
| Taxes, remuneration and social security | 45 | €346,453 | €328,426 | -€18,027 | -5.2% |
| Taxes | 450/3 | €83,436 | €65,053 | -€18,383 | -22.0% |
| Remuneration and social security | 454/9 | €263,017 | €263,373 | +€356 | +0.1% |
| Other amounts payable | 47/48 | €238,357 | - | -€238,357 | |
| Remuneration, social security and pensions | 62 | €1,395,360 | €1,415,329 | +€19,969 | +1.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €81,844 | €55,505 | -€26,339 | -32.2% |
| Other operating charges | 640/8 | €866 | €965 | +€99 | +11.4% |
| Gross operating margin | 9900 | €1,470,181 | €1,466,592 | -€3,589 | -0.2% |
| Operating profit (loss) | 9901 | -€7,889 | -€5,206 | +€2,682 | +34.0% |
| Financial income | 75/76B | €135,672 | €48,372 | -€87,300 | -64.3% |
| Recurring financial income | 75 | €12,978 | €21,055 | +€8,077 | +62.2% |
| Non-recurring financial income | 76B | €122,695 | €27,317 | -€95,378 | -77.7% |
| Financial charges | 65/66B | €142,664 | €20,487 | -€122,176 | -85.6% |
| Recurring financial charges | 65 | €19,969 | €20,487 | +€518 | +2.6% |
| Non-recurring financial charges | 66B | €122,695 | - | -€122,695 | |
| Profit (loss) for the period before taxes | 9903 | -€14,880 | €22,679 | +€37,558 | |
| Income taxes | 67/77 | €15,508 | €11,425 | -€4,083 | -26.3% |
| Profit (loss) for the period | 9904 | -€30,388 | €11,254 | +€41,642 | |
| Profit (loss) for the period to be appropriated | 9905 | -€30,388 | €11,254 | +€41,642 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.