AXI DIGITAL: 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.
What changed
AXI DIGITAL
NACE 46.500, Wholesale of information and communication equipment
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€1.4m
2024 · €909,500+€504,647
Equity
€2.5m
2024 · €2.5m
Cash
€1.1m
2024 · €1.6m-€486,797
Balance sheet total
€22.0m
2024 · €14.9m+€7.1m
Largest movements
Assets
- Receivables within one year +€6.8m
up €6.8m (+65.5%), from €10.4m to €17.2m
of which Other amounts receivable: +€4.3m
- Tangible fixed assets +€746,105
up €746,105 (+273.4%), from €272,869 to €1.0m
- Deferred charges and accrued income +€729,367
up €729,367 (+108.2%), from €673,891 to €1.4m
- Receivables after one year -€663,683
no longer reported in 2025 (was €663,683)
- Cash -€486,797
down €486,797 (-30.4%), from €1.6m to €1.1m
mainly Receivables within one year (-€6.8m) and Contributions, distributions and other (-€1.4m)
Equity and liabilities
- Other debts +€3.8m
new in 2025: €3.8m
- Trade debts +€2.6m
up €2.6m (+28.0%), from €9.1m to €11.7m
- Short-term financial debts +€500,000
new in 2025: €500,000
Income statement
- Turnover +€5.4m
up €5.4m (+13.1%), from €41.2m to €46.6m
- Goods and materials +€4.4m
up €4.4m (+14.5%), from €30.6m to €35.1m
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.
Result 2024
€909,500
Turnover
+€5.4m
Other operating income
+€227,751
Goods and materials
-€4.4m
Services and other goods
-€211,076
Staff costs
-€12,915
Depreciation
-€409,226
Write-downs
-€17,480
Other operating charges
-€390
Financial income
+€169,267
Financial charges
-€104,732
Other financial items
+€1
Taxes
-€103,482
Deferred taxes and other
-€1,854
Result 2025
€1.4m
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.
From operations
+€1.7m
Investment
-€1.3m
Financing
-€914,147
Cash 2024
€1.6m
From operations (derived)
+€1.7m
Net result for the year
+€1.4m
Depreciation
+€543,620
Receivables after one year
+€663,683
Receivables within one year
-€6.8m
Deferred charges and accrued income
-€729,367
Trade debts
+€2.6m
Tax, wage and social debts
+€109,596
Other debts
+€3.8m
Accrued charges and deferred income
+€137,221
Investment (derived)
-€1.3m
Investment in fixed assets (net)
-€1.3m
Financing
-€914,147
Short-term financial debts
+€500,000
Contributions, distributions and other
-€1.4m
Cash 2025
€1.1m
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €14,905,252 | €22,022,636 | +€7.1m | +47.8% |
| Fixed assets | 21/28 | €1,579,873 | €2,316,162 | +€736,289 | +46.6% |
| Intangible fixed assets | 21 | €10,311 | €495 | -€9,816 | -95.2% |
| Tangible fixed assets | 22/27 | €272,869 | €1,018,974 | +€746,105 | +273.4% |
| Plant, machinery and equipment | 23 | €272,869 | €1,018,974 | +€746,105 | +273.4% |
| Financial fixed assets | 28 | €1,296,693 | €1,296,693 | = | 0.0% |
| Affiliated companies | 280/1 | €1,296,536 | €1,296,536 | = | 0.0% |
| Participating interests | 280 | €1,296,536 | €1,296,536 | = | 0.0% |
| Other financial fixed assets | 284/8 | €157 | €157 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €157 | €157 | = | 0.0% |
| Current assets | 29/58 | €13,325,379 | €19,706,474 | +€6.4m | +47.9% |
| Amounts receivable after more than one year | 29 | €663,683 | - | -€663,683 | |
| Other amounts receivable | 291 | €663,683 | - | -€663,683 | |
| Amounts receivable within one year | 40/41 | €10,388,711 | €17,190,919 | +€6.8m | +65.5% |
| Trade receivables | 40 | €9,516,743 | €12,007,189 | +€2.5m | +26.2% |
| Other amounts receivable | 41 | €871,968 | €5,183,730 | +€4.3m | +494.5% |
| Cash at bank and in hand | 54/58 | €1,599,094 | €1,112,297 | -€486,797 | -30.4% |
| Deferred charges and accrued income | 490/1 | €673,891 | €1,403,258 | +€729,367 | +108.2% |
| Total equity and liabilities | 10/49 | €14,905,252 | €22,022,636 | +€7.1m | +47.8% |
| Equity | 10/15 | €2,516,728 | €2,516,728 | = | 0.0% |
| Contributions | 10/11 | €455,241 | €455,241 | = | 0.0% |
| Capital | 10 | €455,241 | €455,241 | = | 0.0% |
| Issued capital | 100 | €455,241 | €455,241 | = | 0.0% |
| Reserves | 13 | €1,148,385 | €1,148,385 | = | 0.0% |
| Non-distributable reserves | 130/1 | €45,524 | €45,524 | = | 0.0% |
| Legal reserve | 130 | €45,524 | €45,524 | = | 0.0% |
| Tax-exempt reserves | 132 | €3,112 | €3,112 | = | 0.0% |
| Distributable reserves | 133 | €1,099,749 | €1,099,749 | = | 0.0% |
| Profit (loss) carried forward | 14 | €913,102 | €913,102 | = | 0.0% |
| Provisions and deferred taxes | 16 | €1,602 | €1,602 | = | 0.0% |
| Deferred taxes | 168 | €1,602 | €1,602 | = | 0.0% |
| Amounts payable | 17/49 | €12,386,922 | €19,504,306 | +€7.1m | +57.5% |
| Amounts payable within one year | 42/48 | €11,234,625 | €18,214,788 | +€7.0m | +62.1% |
| Financial debts | 43 | - | €500,000 | +€500,000 | |
| Credit institutions | 430/8 | - | €500,000 | +€500,000 | |
| Trade debts | 44 | €9,122,386 | €11,680,969 | +€2.6m | +28.0% |
| Suppliers | 440/4 | €9,122,386 | €11,680,969 | +€2.6m | +28.0% |
| Taxes, remuneration and social security | 45 | €2,112,239 | €2,221,835 | +€109,596 | +5.2% |
| Taxes | 450/3 | €88,734 | €418,021 | +€329,287 | +371.1% |
| Remuneration and social security | 454/9 | €2,023,504 | €1,803,814 | -€219,690 | -10.9% |
| Other amounts payable | 47/48 | - | €3,811,984 | +€3.8m | |
| Accrued charges and deferred income | 492/3 | €1,152,297 | €1,289,518 | +€137,221 | +11.9% |
| Operating income | 70/76A | €44,950,490 | €50,583,235 | +€5.6m | +12.5% |
| Turnover | 70 | €41,210,427 | €46,615,420 | +€5.4m | +13.1% |
| Other operating income | 74 | €3,740,064 | €3,967,815 | +€227,751 | +6.1% |
| Operating charges | 60/66A | €43,563,490 | €48,650,788 | +€5.1m | +11.7% |
| Goods for resale, raw materials and consumables | 60 | €30,622,931 | €35,059,141 | +€4.4m | +14.5% |
| Purchases | 600/8 | €30,622,931 | €35,059,141 | +€4.4m | +14.5% |
| Services and other goods | 61 | €6,350,638 | €6,561,714 | +€211,076 | +3.3% |
| Remuneration, social security and pensions | 62 | €6,456,378 | €6,469,293 | +€12,915 | +0.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €134,394 | €543,620 | +€409,226 | +304.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€1,987 | €15,493 | +€17,480 | |
| Other operating charges | 640/8 | €1,137 | €1,527 | +€390 | +34.3% |
| Operating profit (loss) | 9901 | €1,387,000 | €1,932,447 | +€545,447 | +39.3% |
| Financial income | 75/76B | €1,316 | €170,583 | +€169,267 | +12862.2% |
| Recurring financial income | 75 | €1,316 | €170,583 | +€169,267 | +12862.2% |
| Income from current assets | 751 | €1,315 | €160,678 | +€159,363 | +12118.9% |
| Other financial income | 752/9 | €0 | €9,905 | +€9,905 | |
| Financial charges | 65/66B | €99,208 | €203,940 | +€104,732 | +105.6% |
| Recurring financial charges | 65 | €99,208 | €203,940 | +€104,732 | +105.6% |
| Debt charges | 650 | €92,226 | €200,509 | +€108,283 | +117.4% |
| Other financial charges | 652/9 | €6,982 | €3,431 | -€3,551 | -50.9% |
| Profit (loss) for the period before taxes | 9903 | €1,289,107 | €1,899,090 | +€609,983 | +47.3% |
| Transfer from deferred taxes | 780 | €1,854 | - | -€1,854 | |
| Income taxes | 67/77 | €381,461 | €484,943 | +€103,482 | +27.1% |
| Taxes | 670/3 | €381,461 | €488,240 | +€106,779 | +28.0% |
| Tax adjustments and reversals of tax provisions | 77 | - | €3,297 | +€3,297 | |
| Profit (loss) for the period | 9904 | €909,500 | €1,414,147 | +€504,647 | +55.5% |
| Transfer from tax-exempt reserves | 789 | €3,601 | - | -€3,601 | |
| Profit (loss) for the period to be appropriated | 9905 | €913,102 | €1,414,147 | +€501,045 | +54.9% |
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 9 October 2026 via checked.be.