AXG SERVICES: 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.
AXG SERVICES
Largest movements
- Receivables within one year +€740
up €740 (+242%), from €306 to €1,046
of which Trade receivables: +€680
- Cash +€52
up €52 (+7.8%), from €675 to €727
mainly Advances received (+€680) and Net result for the year (+€112)
- Advances received +€680
new in 2025: €680
- Profit (loss) carried forward +€112
up €112 (+1.5%), from -€7,296 to -€7,183
- Gross operating margin +€810
up €810, from -€146 to €664
- Financial charges +€14
up €14 (+10.1%), from €138 to €152
- Other operating charges +€12
up €12 (+3.2%), from €387 to €400
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 | €981 | €1,773 | +€792 | +80.8% |
| Current assets | 29/58 | €981 | €1,773 | +€792 | +80.8% |
| Amounts receivable within one year | 40/41 | €306 | €1,046 | +€740 | +242% |
| Trade receivables | 40 | - | €680 | +€680 | |
| Other amounts receivable | 41 | €306 | €366 | +€60 | +19.6% |
| Cash at bank and in hand | 54/58 | €675 | €727 | +€52 | +7.8% |
| Total equity and liabilities | 10/49 | €981 | €1,773 | +€792 | +80.8% |
| Equity | 10/15 | €764 | €877 | +€112 | +14.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | €6,200 | €6,200 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€7,296 | -€7,183 | +€112 | +1.5% |
| Amounts payable | 17/49 | €217 | €897 | +€680 | +314% |
| Amounts payable within one year | 42/48 | €217 | €897 | +€680 | +314% |
| Advances received on contracts in progress | 46 | - | €680 | +€680 | |
| Other amounts payable | 47/48 | €217 | €217 | = | 0.0% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | -€146 | €664 | +€810 | |
| Operating profit (loss) | 9901 | -€533 | €265 | +€798 | |
| Financial charges | 65/66B | €138 | €152 | +€14 | +10.1% |
| Recurring financial charges | 65 | €138 | €152 | +€14 | +10.1% |
| Profit (loss) for the period before taxes | 9903 | -€671 | €112 | +€784 | |
| Profit (loss) for the period | 9904 | -€671 | €112 | +€784 | |
| Profit (loss) for the period to be appropriated | 9905 | -€671 | €112 | +€784 |
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 20 October 2026 via checked.be.