Axent ' projects: 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.
Axent ' projects
Largest movements
- Receivables within one year -€18,250
down €18,250 (-48.5%), from €37,665 to €19,415
of which Trade receivables: -€9,978
- Tangible fixed assets +€17,799
up €17,799 (+172%), from €10,347 to €28,146
of which Furniture and vehicles: +€19,800
- Cash -€3,859
down €3,859 (-65.6%), from €5,887 to €2,028
mainly Investment in fixed assets (net) (-€22,100) and Other debts (-€19,729)
- Deferred charges and accrued income +€2,096
new in 2025: €2,096
- Stocks and contracts -€1,795
down €1,795 (-76.2%), from €2,355 to €560
- Other debts -€19,729
down €19,729 (-100%), from €19,729 to €0
- Reserves +€15,451
up €15,451 (+170%), from €9,093 to €24,545
- Tax, wage and social debts +€13,463
up €13,463 (+110%), from €12,278 to €25,741
- Advances received -€10,000
down €10,000 (-100%), from €10,000 to €0
- Trade debts -€3,713
down €3,713 (-66.4%), from €5,592 to €1,880
- Gross operating margin -€19,397
down €19,397 (-39.5%), from €49,069 to €29,672
- Other operating charges -€5,876
down €5,876 (-91.2%), from €6,441 to €564
- Taxes -€3,534
down €3,534 (-28.4%), from €12,453 to €8,918
- Financial charges +€594
up €594 (+30.7%), from €1,934 to €2,528
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.
Derived cash bridge
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 | €57,693 | €53,200 | -€4,493 | -7.8% |
| Fixed assets | 21/28 | €11,786 | €29,101 | +€17,315 | +147% |
| Intangible fixed assets | 21 | €1,439 | €955 | -€485 | -33.7% |
| Tangible fixed assets | 22/27 | €10,347 | €28,146 | +€17,799 | +172% |
| Land and buildings | 22 | €1,878 | €1,494 | -€383 | -20.4% |
| Plant, machinery and equipment | 23 | €2,320 | €1,511 | -€809 | -34.9% |
| Furniture and vehicles | 24 | €2,677 | €22,477 | +€19,800 | +740% |
| Leasing and similar rights | 25 | €3,472 | €0 | -€3,472 | -100% |
| Other tangible fixed assets | 26 | €0 | €2,663 | +€2,663 | |
| Current assets | 29/58 | €45,907 | €24,099 | -€21,808 | -47.5% |
| Stocks and contracts in progress | 3 | €2,355 | €560 | -€1,795 | -76.2% |
| Stocks | 30/36 | €2,355 | €560 | -€1,795 | -76.2% |
| Amounts receivable within one year | 40/41 | €37,665 | €19,415 | -€18,250 | -48.5% |
| Trade receivables | 40 | €24,989 | €15,010 | -€9,978 | -39.9% |
| Other amounts receivable | 41 | €12,677 | €4,405 | -€8,272 | -65.3% |
| Cash at bank and in hand | 54/58 | €5,887 | €2,028 | -€3,859 | -65.6% |
| Deferred charges and accrued income | 490/1 | - | €2,096 | +€2,096 | |
| Total equity and liabilities | 10/49 | €57,693 | €53,200 | -€4,493 | -7.8% |
| Equity | 10/15 | €10,093 | €25,545 | +€15,451 | +153% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €9,093 | €24,545 | +€15,451 | +170% |
| Distributable reserves | 133 | €9,093 | €24,545 | +€15,451 | +170% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €47,600 | €27,655 | -€19,945 | -41.9% |
| Amounts payable within one year | 42/48 | €47,600 | €27,655 | -€19,945 | -41.9% |
| Financial debts | 43 | - | €34 | +€34 | |
| Credit institutions | 430/8 | - | €34 | +€34 | |
| Trade debts | 44 | €5,592 | €1,880 | -€3,713 | -66.4% |
| Suppliers | 440/4 | €5,592 | €1,880 | -€3,713 | -66.4% |
| Advances received on contracts in progress | 46 | €10,000 | €0 | -€10,000 | -100% |
| Taxes, remuneration and social security | 45 | €12,278 | €25,741 | +€13,463 | +110% |
| Taxes | 450/3 | €12,278 | €25,741 | +€13,463 | +110% |
| Other amounts payable | 47/48 | €19,729 | €0 | -€19,729 | -100% |
| Non-recurring operating income | 76A | €578 | - | -€578 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,750 | €4,785 | +€35 | +0.7% |
| Other operating charges | 640/8 | €6,441 | €564 | -€5,876 | -91.2% |
| Gross operating margin | 9900 | €49,069 | €29,672 | -€19,397 | -39.5% |
| Operating profit (loss) | 9901 | €37,878 | €24,323 | -€13,556 | -35.8% |
| Financial income | 75/76B | €374 | €447 | +€73 | +19.7% |
| Recurring financial income | 75 | €374 | €447 | +€73 | +19.7% |
| Financial charges | 65/66B | €1,934 | €2,528 | +€594 | +30.7% |
| Recurring financial charges | 65 | €1,934 | €2,528 | +€594 | +30.7% |
| Profit (loss) for the period before taxes | 9903 | €36,318 | €22,241 | -€14,076 | -38.8% |
| Income taxes | 67/77 | €12,453 | €8,918 | -€3,534 | -28.4% |
| Profit (loss) for the period | 9904 | €23,865 | €13,323 | -€10,542 | -44.2% |
| Profit (loss) for the period to be appropriated | 9905 | €23,865 | €13,323 | -€10,542 | -44.2% |
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 16 October 2026 via checked.be.