Axeva: 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.
Axeva
Largest movements
- Cash +€17,099
up €17,099 (+51.3%), from €33,300 to €50,400
mainly Net result for the year (+€26,743) and Other debts (+€21,250)
- Stocks and contracts +€9,751
new in 2025: €9,751
- Receivables within one year +€5,168
up €5,168 (+47.3%), from €10,930 to €16,098
of which Trade receivables: +€8,598
- Financial fixed assets +€3,000
new in 2025: €3,000
- Other debts +€21,250
new in 2025: €21,250
- Tax, wage and social debts +€12,158
new in 2025: €12,158
- Reserves +€1,511
up €1,511 (+3.5%), from €42,668 to €44,179
- Gross operating margin +€8,869
up €8,869 (+32.4%), from €27,335 to €36,204
- Taxes +€3,103
up €3,103 (+67.9%), from €4,571 to €7,674
- Depreciation -€424
down €424 (-21.2%), from €2,006 to €1,582
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
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 | €48,073 | €82,579 | +€34,506 | +71.8% |
| Fixed assets | 21/28 | €3,843 | €6,268 | +€2,426 | +63.1% |
| Tangible fixed assets | 22/27 | €3,843 | €3,268 | -€574 | -14.9% |
| Plant, machinery and equipment | 23 | €1,728 | €1,800 | +€71 | +4.1% |
| Furniture and vehicles | 24 | €1,662 | €1,073 | -€590 | -35.5% |
| Other tangible fixed assets | 26 | €452 | €396 | -€56 | -12.4% |
| Financial fixed assets | 28 | - | €3,000 | +€3,000 | |
| Current assets | 29/58 | €44,231 | €76,311 | +€32,080 | +72.5% |
| Stocks and contracts in progress | 3 | - | €9,751 | +€9,751 | |
| Stocks | 30/36 | - | €9,751 | +€9,751 | |
| Amounts receivable within one year | 40/41 | €10,930 | €16,098 | +€5,168 | +47.3% |
| Trade receivables | 40 | €7,500 | €16,098 | +€8,598 | +114.6% |
| Other amounts receivable | 41 | €3,430 | - | -€3,430 | |
| Cash at bank and in hand | 54/58 | €33,300 | €50,400 | +€17,099 | +51.3% |
| Deferred charges and accrued income | 490/1 | - | €62 | +€62 | |
| Total equity and liabilities | 10/49 | €48,073 | €82,579 | +€34,506 | +71.8% |
| Equity | 10/15 | €45,436 | €47,179 | +€1,743 | +3.8% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €42,668 | €44,179 | +€1,511 | +3.5% |
| Distributable reserves | 133 | €42,668 | €44,179 | +€1,511 | +3.5% |
| Profit (loss) carried forward | 14 | -€232 | - | +€232 | |
| Amounts payable | 17/49 | €2,637 | €35,400 | +€32,763 | +1242.3% |
| Amounts payable within one year | 42/48 | €2,637 | €35,400 | +€32,763 | +1242.3% |
| Trade debts | 44 | €2,637 | €1,992 | -€645 | -24.5% |
| Suppliers | 440/4 | €2,637 | €1,992 | -€645 | -24.5% |
| Taxes, remuneration and social security | 45 | - | €12,158 | +€12,158 | |
| Taxes | 450/3 | - | €12,158 | +€12,158 | |
| Other amounts payable | 47/48 | - | €21,250 | +€21,250 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,006 | €1,582 | -€424 | -21.2% |
| Other operating charges | 640/8 | €118 | €120 | +€2 | +1.7% |
| Gross operating margin | 9900 | €27,335 | €36,204 | +€8,869 | +32.4% |
| Operating profit (loss) | 9901 | €25,211 | €34,503 | +€9,292 | +36.9% |
| Financial income | 75/76B | €142 | - | -€142 | |
| Recurring financial income | 75 | €142 | - | -€142 | |
| Financial charges | 65/66B | €97 | €85 | -€12 | -12.0% |
| Recurring financial charges | 65 | €97 | €85 | -€12 | -12.0% |
| Profit (loss) for the period before taxes | 9903 | €25,256 | €34,418 | +€9,161 | +36.3% |
| Income taxes | 67/77 | €4,571 | €7,674 | +€3,103 | +67.9% |
| Profit (loss) for the period | 9904 | €20,685 | €26,743 | +€6,059 | +29.3% |
| Profit (loss) for the period to be appropriated | 9905 | €20,685 | €26,743 | +€6,059 | +29.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.