AXESS GUARDING: what changed
What changed
AXESS GUARDING
NACE 80.010, Investigation and private security services
filed annual accounts (NBB)
Net result for the year
-€389,231
2024 · €68,288-€457,520
Equity
€120,266
2024 · €509,497-€389,231
Cash
€202
2024 · €10,052-€9,850
Balance sheet total
€1.1m
2024 · €1.3m-€173,986
Largest movements
Assets
- Tangible fixed assets -€70,964
down €70,964 (-14.4%), from €493,692 to €422,729
of which Furniture and vehicles: -€42,335
- Receivables within one year -€60,435
down €60,435 (-19.3%), from €312,560 to €252,125
of which Trade receivables: -€78,281
- Receivables after one year -€29,427
down €29,427 (-6.8%), from €433,635 to €404,208
Equity and liabilities
- Profit (loss) carried forward -€389,231
down €389,231, from €301,437 to -€87,794
- Trade debts +€282,271
up €282,271 (+918%), from €30,733 to €313,004
- Short-term financial debts +€94,687
up €94,687 (+352%), from €26,881 to €121,568
- Debts after one year -€71,776
down €71,776 (-18.1%), from €396,375 to €324,599
- Other debts -€62,253
down €62,253 (-68.7%), from €90,622 to €28,368
Income statement
- Gross operating margin -€438,706
down €438,706 (-39.9%), from €1.1m to €659,529
- Financial charges +€30,455
up €30,455 (+124%), from €24,551 to €55,006
- Depreciation +€29,930
up €29,930 (+61.8%), from €48,450 to €78,379
- Taxes -€27,783
no longer reported in 2025 (was €27,783)
Change in the result, 2024 to 2025
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 2024
€68,288
Gross operating margin
-€438,706
Staff costs
+€9,379
Depreciation
-€29,930
Other operating charges
+€4,402
Financial income
+€7
Financial charges
-€30,455
Taxes
+€27,783
Result 2025
-€389,231
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€32,802
Investment
-€6,123
Financing
-€36,529
Cash 2024
€10,052
From operations (derived)
+€32,802
Net result for the year
-€389,231
Depreciation
+€78,379
Receivables after one year
+€29,427
Receivables within one year
+€60,435
Deferred charges and accrued income
+€2,017
Trade debts
+€282,271
Tax, wage and social debts
+€31,757
Other debts
-€62,253
Investment (derived)
-€6,123
Investment in fixed assets (net)
-€6,123
Financing
-€36,529
Debts after one year
-€71,776
Current portion of long-term debt
-€59,441
Short-term financial debts
+€94,687
Cash 2025
€202
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,287,237 | €1,113,251 | -€173,986 | -13.5% |
| Fixed assets | 21/28 | €528,973 | €456,716 | -€72,257 | -13.7% |
| Intangible fixed assets | 21 | €34,868 | €33,575 | -€1,293 | -3.7% |
| Tangible fixed assets | 22/27 | €493,692 | €422,729 | -€70,964 | -14.4% |
| Land and buildings | 22 | €218,354 | €210,422 | -€7,932 | -3.6% |
| Plant, machinery and equipment | 23 | €80,591 | €62,374 | -€18,217 | -22.6% |
| Furniture and vehicles | 24 | €189,001 | €146,666 | -€42,335 | -22.4% |
| Other tangible fixed assets | 26 | €5,747 | €3,267 | -€2,480 | -43.2% |
| Financial fixed assets | 28 | €413 | €413 | = | 0.0% |
| Current assets | 29/58 | €758,264 | €656,535 | -€101,729 | -13.4% |
| Amounts receivable after more than one year | 29 | €433,635 | €404,208 | -€29,427 | -6.8% |
| Trade receivables | 290 | €433,635 | €404,208 | -€29,427 | -6.8% |
| Amounts receivable within one year | 40/41 | €312,560 | €252,125 | -€60,435 | -19.3% |
| Trade receivables | 40 | €268,564 | €190,283 | -€78,281 | -29.1% |
| Other amounts receivable | 41 | €43,996 | €61,842 | +€17,846 | +40.6% |
| Cash at bank and in hand | 54/58 | €10,052 | €202 | -€9,850 | -98.0% |
| Deferred charges and accrued income | 490/1 | €2,017 | - | -€2,017 | |
| Total equity and liabilities | 10/49 | €1,287,237 | €1,113,251 | -€173,986 | -13.5% |
| Equity | 10/15 | €509,497 | €120,266 | -€389,231 | -76.4% |
| Contributions | 10/11 | €8,060 | €8,060 | = | 0.0% |
| Reserves | 13 | €200,000 | €200,000 | = | 0.0% |
| Distributable reserves | 133 | €200,000 | €200,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €301,437 | -€87,794 | -€389,231 | |
| Amounts payable | 17/49 | €777,740 | €992,986 | +€215,246 | +27.7% |
| Amounts payable after more than one year | 17 | €396,375 | €324,599 | -€71,776 | -18.1% |
| Financial debts | 170/4 | €396,375 | €324,599 | -€71,776 | -18.1% |
| Amounts payable within one year | 42/48 | €381,365 | €668,386 | +€287,021 | +75.3% |
| Current portion of amounts payable after more than one year | 42 | €134,200 | €74,759 | -€59,441 | -44.3% |
| Financial debts | 43 | €26,881 | €121,568 | +€94,687 | +352% |
| Credit institutions | 430/8 | €26,881 | €121,568 | +€94,687 | +352% |
| Trade debts | 44 | €30,733 | €313,004 | +€282,271 | +918% |
| Suppliers | 440/4 | €30,733 | €313,004 | +€282,271 | +918% |
| Taxes, remuneration and social security | 45 | €98,929 | €130,687 | +€31,757 | +32.1% |
| Taxes | 450/3 | €16,562 | €10,056 | -€6,506 | -39.3% |
| Remuneration and social security | 454/9 | €82,367 | €120,630 | +€38,263 | +46.5% |
| Other amounts payable | 47/48 | €90,622 | €28,368 | -€62,253 | -68.7% |
| Remuneration, social security and pensions | 62 | €898,341 | €888,962 | -€9,379 | -1.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €48,450 | €78,379 | +€29,930 | +61.8% |
| Other operating charges | 640/8 | €30,822 | €26,420 | -€4,402 | -14.3% |
| Gross operating margin | 9900 | €1,098,235 | €659,529 | -€438,706 | -39.9% |
| Operating profit (loss) | 9901 | €120,622 | -€334,233 | -€454,855 | |
| Financial income | 75/76B | - | €7 | +€7 | |
| Recurring financial income | 75 | - | €7 | +€7 | |
| Financial charges | 65/66B | €24,551 | €55,006 | +€30,455 | +124% |
| Recurring financial charges | 65 | €24,551 | €55,006 | +€30,455 | +124% |
| Profit (loss) for the period before taxes | 9903 | €96,071 | -€389,231 | -€485,303 | |
| Income taxes | 67/77 | €27,783 | - | -€27,783 | |
| Profit (loss) for the period | 9904 | €68,288 | -€389,231 | -€457,520 | |
| Profit (loss) for the period to be appropriated | 9905 | €68,288 | -€389,231 | -€457,520 |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.