aXialyze: 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.
aXialyze
Largest movements
- Intangible fixed assets -€134,300
down €134,300 (-30.2%), from €444,088 to €309,788
- Stocks and contracts +€55,000
new in 2025: €55,000
- Receivables within one year +€49,780
up €49,780 (+26.3%), from €188,959 to €238,739
of which Other amounts receivable: +€51,012
- Cash +€35,602
up €35,602 (+24,093%), from €148 to €35,750
mainly Depreciation (+€136,863) and Other debts (+€73,736)
- Other debts +€73,736
up €73,736 (+107%), from €68,983 to €142,719
- Trade debts -€44,259
down €44,259 (-31.1%), from €142,432 to €98,173
- Current portion of long-term debt -€35,112
down €35,112 (-33.4%), from €105,178 to €70,066
- Debts after one year +€28,472
new in 2025: €28,472
- Short-term financial debts -€9,787
down €9,787 (-5.3%), from €184,887 to €175,100
- Gross operating margin -€75,704
down €75,704 (-11.8%), from €639,624 to €563,920
- Taxes -€18,255
down €18,255 (-65.4%), from €27,913 to €9,658
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 | €643,016 | €649,324 | +€6,308 | +1.0% |
| Fixed assets | 21/28 | €448,165 | €313,514 | -€134,652 | -30.0% |
| Intangible fixed assets | 21 | €444,088 | €309,788 | -€134,300 | -30.2% |
| Tangible fixed assets | 22/27 | €4,077 | €3,726 | -€352 | -8.6% |
| Plant, machinery and equipment | 23 | €1,424 | €1,083 | -€342 | -24.0% |
| Furniture and vehicles | 24 | €2,653 | €2,643 | -€10 | -0.4% |
| Current assets | 29/58 | €194,851 | €335,810 | +€140,959 | +72.3% |
| Stocks and contracts in progress | 3 | - | €55,000 | +€55,000 | |
| Stocks | 30/36 | - | €55,000 | +€55,000 | |
| Amounts receivable within one year | 40/41 | €188,959 | €238,739 | +€49,780 | +26.3% |
| Trade receivables | 40 | €69,001 | €67,769 | -€1,232 | -1.8% |
| Other amounts receivable | 41 | €119,958 | €170,970 | +€51,012 | +42.5% |
| Cash at bank and in hand | 54/58 | €148 | €35,750 | +€35,602 | +24,093% |
| Deferred charges and accrued income | 490/1 | €5,744 | €6,321 | +€577 | +10.0% |
| Total equity and liabilities | 10/49 | €643,016 | €649,324 | +€6,308 | +1.0% |
| Equity | 10/15 | €95,045 | €88,650 | -€6,395 | -6.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €67,628 | €67,628 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €65,768 | €65,768 | = | 0.0% |
| Profit (loss) carried forward | 14 | €21,217 | €14,822 | -€6,395 | -30.1% |
| Amounts payable | 17/49 | €547,971 | €560,674 | +€12,703 | +2.3% |
| Amounts payable after more than one year | 17 | - | €28,472 | +€28,472 | |
| Financial debts | 170/4 | - | €28,472 | +€28,472 | |
| Amounts payable within one year | 42/48 | €547,971 | €530,301 | -€17,669 | -3.2% |
| Current portion of amounts payable after more than one year | 42 | €105,178 | €70,066 | -€35,112 | -33.4% |
| Financial debts | 43 | €184,887 | €175,100 | -€9,787 | -5.3% |
| Credit institutions | 430/8 | €184,887 | €175,100 | -€9,787 | -5.3% |
| Trade debts | 44 | €142,432 | €98,173 | -€44,259 | -31.1% |
| Suppliers | 440/4 | €142,432 | €98,173 | -€44,259 | -31.1% |
| Taxes, remuneration and social security | 45 | €46,491 | €44,244 | -€2,247 | -4.8% |
| Taxes | 450/3 | €6,243 | €3,538 | -€2,705 | -43.3% |
| Remuneration and social security | 454/9 | €40,248 | €40,706 | +€458 | +1.1% |
| Other amounts payable | 47/48 | €68,983 | €142,719 | +€73,736 | +107% |
| Accrued charges and deferred income | 492/3 | - | €1,900 | +€1,900 | |
| Remuneration, social security and pensions | 62 | €406,572 | €404,584 | -€1,988 | -0.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €139,449 | €136,863 | -€2,586 | -1.9% |
| Other operating charges | 640/8 | €508 | €4,013 | +€3,505 | +691% |
| Gross operating margin | 9900 | €639,624 | €563,920 | -€75,704 | -11.8% |
| Operating profit (loss) | 9901 | €93,096 | €18,460 | -€74,635 | -80.2% |
| Financial income | 75/76B | €356 | €10 | -€346 | -97.1% |
| Recurring financial income | 75 | €356 | €10 | -€346 | -97.1% |
| Financial charges | 65/66B | €14,700 | €15,208 | +€508 | +3.5% |
| Recurring financial charges | 65 | €14,700 | €15,208 | +€508 | +3.5% |
| Profit (loss) for the period before taxes | 9903 | €78,752 | €3,263 | -€75,489 | -95.9% |
| Income taxes | 67/77 | €27,913 | €9,658 | -€18,255 | -65.4% |
| Profit (loss) for the period | 9904 | €50,839 | -€6,395 | -€57,235 | |
| Profit (loss) for the period to be appropriated | 9905 | €50,839 | -€6,395 | -€57,235 |
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 26 October 2026 via checked.be.