AXENTRA EU: what changed
What changed
AXENTRA EU
NACE 29.320, Manufacture of other parts and accessories for motor vehicles
filed annual accounts (NBB)
Net result for the year
-€3.5m
2025 · -€5.8m+€2.3m
Equity
€13.5m
2025 · €17.0m-€3.5m
Cash
€561,783
2025 · €1.1m-€510,557
Balance sheet total
€19.9m
2025 · €23.2m-€3.3m
Largest movements
Assets
- Receivables within one year -€1.3m
down €1.3m (-17.6%), from €7.6m to €6.3m
of which Other amounts receivable: -€3.8m
- Tangible fixed assets -€1.0m
down €1.0m (-10.1%), from €9.9m to €8.9m
of which Plant, machinery and equipment: -€1.1m
- Cash -€510,557
down €510,557 (-47.6%), from €1.1m to €561,783
mainly Net result for the year (-€3.5m) and Investment in fixed assets (net) (-€729,296)
- Stocks and contracts -€384,992
down €384,992 (-8.8%), from €4.4m to €4.0m
Equity and liabilities
- Profit (loss) carried forward -€3.5m
down €3.5m (-80.2%), from €4.3m to €853,296
- Trade debts -€721,199
down €721,199 (-22.4%), from €3.2m to €2.5m
- Short-term financial debts +€600,000
new in 2026: €600,000
- Debts after one year +€404,760
up €404,760 (+1,917%), from €21,118 to €425,877
Income statement
- Goods and materials -€2.3m
down €2.3m (-27.6%), from €8.2m to €6.0m
of which Purchases: -€2.6m
- Turnover -€464,333
down €464,333 (-2.0%), from €23.1m to €22.6m
- Services and other goods +€373,366
up €373,366 (+4.7%), from €8.0m to €8.4m
- Write-downs -€257,843
down €257,843, from €233,401 to -€24,443
Change in the result, 2025 to 2026
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2025
-€5.8m
Turnover
-€464,333
Other operating income
+€86,230
Goods and materials
+€2.3m
Services and other goods
-€373,366
Staff costs
+€44,715
Depreciation
+€75,819
Write-downs
+€257,843
Provisions
+€155,959
Other operating charges
+€13,941
Other operating items
+€481,112
Financial income
-€201,887
Financial charges
+€1,197
Taxes
+€109
Result 2026
-€3.5m
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2025 and 2026 balance sheets and the 2026 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
-€803,306
Investment
-€729,299
Financing
+€1.0m
Cash 2025
€1.1m
From operations (derived)
-€803,306
Net result for the year
-€3.5m
Depreciation
+€1.8m
Stocks and contracts
+€384,992
Receivables within one year
+€1.3m
Deferred charges and accrued income
+€13,251
Provisions
-€154,024
Trade debts
-€721,199
Tax, wage and social debts
-€21,370
Accrued charges and deferred income
+€731
Investment (derived)
-€729,299
Investment in fixed assets (net)
-€729,296
Current investments
-€3
Financing
+€1.0m
Debts after one year
+€404,760
Current portion of long-term debt
+€53,901
Short-term financial debts
+€600,000
Contributions, distributions and other
-€36,613
Cash 2026
€561,783
brings cash intakes cash out
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €23,238,676 | €19,898,952 | -€3.3m | -14.4% |
| Fixed assets | 21/28 | €10,015,468 | €8,930,195 | -€1.1m | -10.8% |
| Intangible fixed assets | 21 | €108,003 | €28,153 | -€79,850 | -73.9% |
| Tangible fixed assets | 22/27 | €9,907,466 | €8,902,042 | -€1.0m | -10.1% |
| Land and buildings | 22 | €4,334,340 | €4,084,754 | -€249,586 | -5.8% |
| Plant, machinery and equipment | 23 | €4,828,565 | €3,726,001 | -€1.1m | -22.8% |
| Furniture and vehicles | 24 | €236,991 | €145,169 | -€91,822 | -38.7% |
| Leasing and similar rights | 25 | €65,654 | €542,935 | +€477,281 | +727% |
| Assets under construction and advance payments | 27 | €441,915 | €403,183 | -€38,732 | -8.8% |
| Current assets | 29/58 | €13,223,208 | €10,968,757 | -€2.3m | -17.0% |
| Stocks and contracts in progress | 3 | €4,384,273 | €3,999,281 | -€384,992 | -8.8% |
| Stocks | 30/36 | €4,384,273 | €3,999,281 | -€384,992 | -8.8% |
| Raw materials and consumables | 30/31 | €2,087,146 | €1,605,959 | -€481,187 | -23.1% |
| Work in progress | 32 | €1,472,498 | €1,661,828 | +€189,330 | +12.9% |
| Finished goods | 33 | €824,629 | €731,494 | -€93,134 | -11.3% |
| Amounts receivable within one year | 40/41 | €7,641,042 | €6,295,389 | -€1.3m | -17.6% |
| Trade receivables | 40 | €3,415,399 | €5,891,392 | +€2.5m | +72.5% |
| Other amounts receivable | 41 | €4,225,643 | €403,997 | -€3.8m | -90.4% |
| Current investments | 50/53 | €571 | €574 | +€3 | +0.5% |
| Other investments | 51/53 | €571 | €574 | +€3 | +0.5% |
| Cash at bank and in hand | 54/58 | €1,072,340 | €561,783 | -€510,557 | -47.6% |
| Deferred charges and accrued income | 490/1 | €124,982 | €111,731 | -€13,251 | -10.6% |
| Total equity and liabilities | 10/49 | €23,238,676 | €19,898,952 | -€3.3m | -14.4% |
| Equity | 10/15 | €17,015,116 | €13,512,593 | -€3.5m | -20.6% |
| Contributions | 10/11 | €11,100,000 | €11,100,000 | = | 0.0% |
| Capital | 10 | €11,100,000 | €11,100,000 | = | 0.0% |
| Issued capital | 100 | €11,100,000 | €11,100,000 | = | 0.0% |
| Reserves | 13 | €1,110,000 | €1,110,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,110,000 | €1,110,000 | = | 0.0% |
| Legal reserve | 130 | €1,110,000 | €1,110,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,319,206 | €853,296 | -€3.5m | -80.2% |
| Investment grants | 15 | €485,910 | €449,297 | -€36,613 | -7.5% |
| Provisions and deferred taxes | 16 | €414,355 | €260,331 | -€154,024 | -37.2% |
| Provisions for liabilities and charges | 160/5 | €414,355 | €260,331 | -€154,024 | -37.2% |
| Major repairs and maintenance | 162 | €90,000 | €90,000 | = | 0.0% |
| Other liabilities and charges | 164/5 | €324,355 | €170,331 | -€154,024 | -47.5% |
| Amounts payable | 17/49 | €5,809,205 | €6,126,028 | +€316,823 | +5.5% |
| Amounts payable after more than one year | 17 | €21,118 | €425,877 | +€404,760 | +1,917% |
| Financial debts | 170/4 | €21,118 | €425,877 | +€404,760 | +1,917% |
| Leasing and similar obligations | 172 | €21,118 | €425,877 | +€404,760 | +1,917% |
| Amounts payable within one year | 42/48 | €5,788,087 | €5,699,419 | -€88,668 | -1.5% |
| Current portion of amounts payable after more than one year | 42 | €19,493 | €73,394 | +€53,901 | +277% |
| Financial debts | 43 | - | €600,000 | +€600,000 | |
| Other loans | 439 | - | €600,000 | +€600,000 | |
| Trade debts | 44 | €3,214,286 | €2,493,086 | -€721,199 | -22.4% |
| Suppliers | 440/4 | €3,214,286 | €2,493,086 | -€721,199 | -22.4% |
| Taxes, remuneration and social security | 45 | €2,554,309 | €2,532,939 | -€21,370 | -0.8% |
| Taxes | 450/3 | €160,124 | €144,205 | -€15,919 | -9.9% |
| Remuneration and social security | 454/9 | €2,394,185 | €2,388,734 | -€5,451 | -0.2% |
| Accrued charges and deferred income | 492/3 | - | €731 | +€731 | |
| Operating income | 70/76A | €24,988,386 | €25,066,075 | +€77,689 | +0.3% |
| Turnover | 70 | €23,101,051 | €22,636,718 | -€464,333 | -2.0% |
| Change in stocks of work in progress, finished goods and contracts in progress | 71 | -€369,025 | €71,753 | +€440,778 | |
| Other operating income | 74 | €2,249,656 | €2,335,886 | +€86,230 | +3.8% |
| Non-recurring operating income | 76A | €6,704 | €21,718 | +€15,013 | +224% |
| Operating charges | 60/66A | €31,040,800 | €28,572,106 | -€2.5m | -8.0% |
| Goods for resale, raw materials and consumables | 60 | €8,227,768 | €5,959,304 | -€2.3m | -27.6% |
| Purchases | 600/8 | €8,054,453 | €5,478,117 | -€2.6m | -32.0% |
| Change in stocks: decrease (increase) | 609 | €173,315 | €481,187 | +€307,872 | +178% |
| Services and other goods | 61 | €7,979,677 | €8,353,043 | +€373,366 | +4.7% |
| Remuneration, social security and pensions | 62 | €12,293,971 | €12,249,256 | -€44,715 | -0.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,890,389 | €1,814,570 | -€75,819 | -4.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €233,401 | -€24,443 | -€257,843 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €1,934 | -€154,024 | -€155,959 | |
| Other operating charges | 640/8 | €388,339 | €374,399 | -€13,941 | -3.6% |
| Non-recurring operating charges | 66A | €25,320 | €0 | -€25,320 | -100% |
| Operating profit (loss) | 9901 | -€6,052,414 | -€3,506,030 | +€2.5m | +42.1% |
| Financial income | 75/76B | €274,710 | €72,823 | -€201,887 | -73.5% |
| Recurring financial income | 75 | €273,883 | €71,005 | -€202,879 | -74.1% |
| Income from current assets | 751 | €228,202 | €33,736 | -€194,466 | -85.2% |
| Other financial income | 752/9 | €45,682 | €37,269 | -€8,413 | -18.4% |
| Non-recurring financial income | 76B | €826 | €1,818 | +€992 | +120% |
| Financial charges | 65/66B | €30,491 | €29,294 | -€1,197 | -3.9% |
| Recurring financial charges | 65 | €30,491 | €29,294 | -€1,197 | -3.9% |
| Debt charges | 650 | €22,653 | €23,670 | +€1,017 | +4.5% |
| Other financial charges | 652/9 | €7,838 | €5,623 | -€2,214 | -28.3% |
| Profit (loss) for the period before taxes | 9903 | -€5,808,195 | -€3,462,501 | +€2.3m | +40.4% |
| Income taxes | 67/77 | €3,517 | €3,409 | -€109 | -3.1% |
| Taxes | 670/3 | €3,517 | €3,409 | -€109 | -3.1% |
| Profit (loss) for the period | 9904 | -€5,811,712 | -€3,465,910 | +€2.3m | +40.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,811,712 | -€3,465,910 | +€2.3m | +40.4% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.