AXIELLE: 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.
AXIELLE
Largest movements
- Tangible fixed assets -€35,866
down €35,866 (-4.6%), from €784,334 to €748,468
of which Land and buildings: -€33,966
- Cash +€16,902
up €16,902 (+6.1%), from €275,686 to €292,588
mainly Depreciation (+€35,866)
- Profit (loss) carried forward -€18,964
down €18,964 (-3.0%), from -€629,072 to -€648,036
- Gross operating margin -€180,002
down €180,002 (-87.7%), from €205,289 to €25,287
- Other operating charges +€3,834
up €3,834 (+84.9%), from €4,517 to €8,351
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 | €1,060,020 | €1,041,056 | -€18,964 | -1.8% |
| Fixed assets | 21/28 | €784,334 | €748,468 | -€35,866 | -4.6% |
| Tangible fixed assets | 22/27 | €784,334 | €748,468 | -€35,866 | -4.6% |
| Land and buildings | 22 | €752,316 | €718,350 | -€33,966 | -4.5% |
| Plant, machinery and equipment | 23 | €32,018 | €30,118 | -€1,900 | -5.9% |
| Current assets | 29/58 | €275,686 | €292,588 | +€16,902 | +6.1% |
| Cash at bank and in hand | 54/58 | €275,686 | €292,588 | +€16,902 | +6.1% |
| Total equity and liabilities | 10/49 | €1,060,020 | €1,041,056 | -€18,964 | -1.8% |
| Equity | 10/15 | €930,928 | €911,964 | -€18,964 | -2.0% |
| Contributions | 10/11 | €1,560,000 | €1,560,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€629,072 | -€648,036 | -€18,964 | -3.0% |
| Amounts payable | 17/49 | €129,092 | €129,092 | = | 0.0% |
| Amounts payable within one year | 42/48 | €129,092 | €129,092 | = | 0.0% |
| Other amounts payable | 47/48 | €129,092 | €129,092 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,866 | €35,866 | = | 0.0% |
| Other operating charges | 640/8 | €4,517 | €8,351 | +€3,834 | +84.9% |
| Gross operating margin | 9900 | €205,289 | €25,287 | -€180,002 | -87.7% |
| Operating profit (loss) | 9901 | €164,906 | -€18,931 | -€183,836 | |
| Financial charges | 65/66B | €45 | €34 | -€11 | -25.0% |
| Recurring financial charges | 65 | €45 | €34 | -€11 | -25.0% |
| Profit (loss) for the period before taxes | 9903 | €164,861 | -€18,964 | -€183,825 | |
| Profit (loss) for the period | 9904 | €164,861 | -€18,964 | -€183,825 | |
| Profit (loss) for the period to be appropriated | 9905 | €164,861 | -€18,964 | -€183,825 |
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 14 October 2026 via checked.be.