AXESS: 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.
AXESS
Largest movements
- Receivables within one year -€1,168
down €1,168 (-4.0%), from €29,265 to €28,097
of which Other amounts receivable: -€1,168
- Profit (loss) carried forward -€2,194
down €2,194 (-21.4%), from -€10,239 to -€12,433
- Trade debts +€508
up €508 (+100.0%), from €508 to €1,016
- Accrued charges and deferred income +€508
new in 2023: €508
- Taxes -€1,778
no longer reported in 2023 (was €1,778)
- Gross operating margin -€621
down €621 (-122.2%), from -€508 to -€1,129
- Financial income -€190
no longer reported in 2023 (was €190)
- Other operating charges -€55
no longer reported in 2023 (was €55)
From the 2021 result to the 2023 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
A cash bridge needs two consecutive fiscal 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 | 2021 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €29,275 | €28,097 | -€1,177 | -4.0% |
| Current assets | 29/58 | €29,275 | €28,097 | -€1,177 | -4.0% |
| Amounts receivable within one year | 40/41 | €29,265 | €28,097 | -€1,168 | -4.0% |
| Trade receivables | 40 | €4,327 | €4,327 | +€0 | 0.0% |
| Other amounts receivable | 41 | €24,937 | €23,770 | -€1,168 | -4.7% |
| Cash at bank and in hand | 54/58 | €10 | - | -€10 | |
| Total equity and liabilities | 10/49 | €29,275 | €28,097 | -€1,177 | -4.0% |
| Equity | 10/15 | €28,766 | €26,573 | -€2,194 | -7.6% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €20,414 | €20,414 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | - | €1,859 | +€1,859 | |
| Other | 1319 | €1,859 | - | -€1,859 | |
| Distributable reserves | 133 | €18,554 | €18,554 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€10,239 | -€12,433 | -€2,194 | -21.4% |
| Amounts payable | 17/49 | €508 | €1,525 | +€1,016 | +200.0% |
| Amounts payable within one year | 42/48 | €508 | €1,016 | +€508 | +100.0% |
| Trade debts | 44 | €508 | €1,016 | +€508 | +100.0% |
| Suppliers | 440/4 | €508 | €1,016 | +€508 | +100.0% |
| Accrued charges and deferred income | 492/3 | - | €508 | +€508 | |
| Other operating charges | 640/8 | €55 | - | -€55 | |
| Gross operating margin | 9900 | -€508 | -€1,129 | -€621 | -122.2% |
| Operating profit (loss) | 9901 | -€563 | -€1,129 | -€566 | -100.5% |
| Financial income | 75/76B | €190 | - | -€190 | |
| Recurring financial income | 75 | €190 | - | -€190 | |
| Financial charges | 65/66B | €9 | - | -€9 | |
| Recurring financial charges | 65 | €9 | - | -€9 | |
| Profit (loss) for the period before taxes | 9903 | -€382 | -€1,129 | -€747 | -195.6% |
| Income taxes | 67/77 | €1,778 | - | -€1,778 | |
| Profit (loss) for the period | 9904 | -€2,160 | -€1,129 | +€1,031 | +47.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,160 | -€1,129 | +€1,031 | +47.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2021 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.