AXIA: 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.
AXIA
Largest movements
- Tangible fixed assets -€19,423
down €19,423 (-17.9%), from €108,413 to €88,990
of which Furniture and vehicles: -€24,223
- Cash -€17,941
down €17,941 (-22.3%), from €80,548 to €62,607
mainly Other debts (-€41,730) and Investment in fixed assets (net) (-€6,734)
- Receivables within one year -€3,044
down €3,044 (-6.9%), from €44,267 to €41,223
of which Trade receivables: -€7,717
- Other debts -€41,730
down €41,730 (-17.5%), from €238,321 to €196,591
- Taxes +€1,907
new in 2025: €1,907
- Gross operating margin +€405
up €405 (+1.3%), from €30,430 to €30,835
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 | €235,815 | €195,407 | -€40,408 | -17.1% |
| Fixed assets | 21/28 | €108,413 | €88,990 | -€19,423 | -17.9% |
| Tangible fixed assets | 22/27 | €108,413 | €88,990 | -€19,423 | -17.9% |
| Land and buildings | 22 | €1,546 | €4,045 | +€2,500 | +161.8% |
| Plant, machinery and equipment | 23 | €2,551 | €1,689 | -€862 | -33.8% |
| Furniture and vehicles | 24 | €104,316 | €80,093 | -€24,223 | -23.2% |
| Other tangible fixed assets | 26 | - | €3,162 | +€3,162 | |
| Current assets | 29/58 | €127,402 | €106,417 | -€20,985 | -16.5% |
| Stocks and contracts in progress | 3 | €2,587 | €2,587 | = | 0.0% |
| Stocks | 30/36 | €2,587 | €2,587 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €44,267 | €41,223 | -€3,044 | -6.9% |
| Trade receivables | 40 | €7,717 | €0 | -€7,717 | -100.0% |
| Other amounts receivable | 41 | €36,550 | €41,223 | +€4,673 | +12.8% |
| Cash at bank and in hand | 54/58 | €80,548 | €62,607 | -€17,941 | -22.3% |
| Total equity and liabilities | 10/49 | €235,815 | €195,407 | -€40,408 | -17.1% |
| Equity | 10/15 | -€4,460 | -€2,605 | +€1,855 | +41.6% |
| Contributions | 10/11 | €18,593 | €18,593 | = | 0.0% |
| Capital | 10 | €18,593 | €18,593 | = | 0.0% |
| Issued capital | 100 | €18,593 | €18,593 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€23,053 | -€21,198 | +€1,855 | +8.0% |
| Amounts payable | 17/49 | €240,275 | €198,012 | -€42,264 | -17.6% |
| Amounts payable within one year | 42/48 | €240,275 | €198,012 | -€42,264 | -17.6% |
| Trade debts | 44 | €1,633 | €1,421 | -€212 | -13.0% |
| Suppliers | 440/4 | €1,633 | €1,421 | -€212 | -13.0% |
| Taxes, remuneration and social security | 45 | €321 | - | -€321 | |
| Taxes | 450/3 | €321 | - | -€321 | |
| Other amounts payable | 47/48 | €238,321 | €196,591 | -€41,730 | -17.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,933 | €26,158 | +€225 | +0.9% |
| Other operating charges | 640/8 | €387 | €584 | +€197 | +50.8% |
| Gross operating margin | 9900 | €30,430 | €30,835 | +€405 | +1.3% |
| Operating profit (loss) | 9901 | €4,110 | €4,094 | -€16 | -0.4% |
| Financial charges | 65/66B | €266 | €331 | +€65 | +24.4% |
| Recurring financial charges | 65 | €266 | €331 | +€65 | +24.4% |
| Profit (loss) for the period before taxes | 9903 | €3,844 | €3,763 | -€81 | -2.1% |
| Income taxes | 67/77 | - | €1,907 | +€1,907 | |
| Profit (loss) for the period | 9904 | €3,844 | €1,855 | -€1,988 | -51.7% |
| Profit (loss) for the period to be appropriated | 9905 | €3,844 | €1,855 | -€1,988 | -51.7% |
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 7 October 2026 via checked.be.