AXILIS: 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.
AXILIS
Largest movements
- Cash +€33,504
up €33,504 (+44.0%), from €76,134 to €109,638
mainly Net result for the year (+€74,851) and Receivables within one year (+€10,989)
- Receivables within one year -€10,989
down €10,989 (-35.2%), from €31,257 to €20,268
of which Trade receivables: -€8,666
- Reserves +€74,500
up €74,500 (+25.5%), from €292,356 to €366,856
- Debts after one year -€56,293
down €56,293 (-17.3%), from €325,744 to €269,451
- Gross operating margin -€13,670
down €13,670 (-9.9%), from €137,804 to €124,135
- Taxes +€5,282
up €5,282 (+16.2%), from €32,676 to €37,959
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 | €727,151 | €746,778 | +€19,627 | +2.7% |
| Fixed assets | 21/28 | €618,009 | €614,520 | -€3,489 | -0.6% |
| Tangible fixed assets | 22/27 | €23,009 | €19,520 | -€3,489 | -15.2% |
| Other tangible fixed assets | 26 | €23,009 | €19,520 | -€3,489 | -15.2% |
| Financial fixed assets | 28 | €595,000 | €595,000 | = | 0.0% |
| Current assets | 29/58 | €109,141 | €132,258 | +€23,116 | +21.2% |
| Amounts receivable within one year | 40/41 | €31,257 | €20,268 | -€10,989 | -35.2% |
| Trade receivables | 40 | €28,933 | €20,268 | -€8,666 | -30.0% |
| Other amounts receivable | 41 | €2,324 | €0 | -€2,324 | -100.0% |
| Cash at bank and in hand | 54/58 | €76,134 | €109,638 | +€33,504 | +44.0% |
| Deferred charges and accrued income | 490/1 | €1,751 | €2,352 | +€601 | +34.3% |
| Total equity and liabilities | 10/49 | €727,151 | €746,778 | +€19,627 | +2.7% |
| Equity | 10/15 | €311,222 | €386,073 | +€74,851 | +24.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €292,356 | €366,856 | +€74,500 | +25.5% |
| Distributable reserves | 133 | €292,356 | €366,856 | +€74,500 | +25.5% |
| Profit (loss) carried forward | 14 | €265 | €617 | +€351 | +132.5% |
| Amounts payable | 17/49 | €415,929 | €360,705 | -€55,224 | -13.3% |
| Amounts payable after more than one year | 17 | €325,744 | €269,451 | -€56,293 | -17.3% |
| Financial debts | 170/4 | €325,744 | €269,451 | -€56,293 | -17.3% |
| Amounts payable within one year | 42/48 | €87,201 | €89,022 | +€1,821 | +2.1% |
| Current portion of amounts payable after more than one year | 42 | €56,200 | €56,293 | +€93 | +0.2% |
| Trade debts | 44 | €810 | €419 | -€391 | -48.3% |
| Suppliers | 440/4 | €810 | €419 | -€391 | -48.3% |
| Taxes, remuneration and social security | 45 | €25,172 | €31,667 | +€6,495 | +25.8% |
| Taxes | 450/3 | €20,747 | €27,242 | +€6,495 | +31.3% |
| Remuneration and social security | 454/9 | €4,425 | €4,425 | = | 0.0% |
| Other amounts payable | 47/48 | €5,019 | €643 | -€4,376 | -87.2% |
| Accrued charges and deferred income | 492/3 | €2,984 | €2,232 | -€752 | -25.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,889 | €3,489 | +€600 | +20.8% |
| Other operating charges | 640/8 | €1,237 | €955 | -€282 | -22.8% |
| Non-recurring operating charges | 66A | €377 | €180 | -€197 | -52.3% |
| Gross operating margin | 9900 | €137,804 | €124,135 | -€13,670 | -9.9% |
| Operating profit (loss) | 9901 | €133,301 | €119,511 | -€13,791 | -10.3% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100.0% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100.0% |
| Financial charges | 65/66B | €7,581 | €6,701 | -€881 | -11.6% |
| Recurring financial charges | 65 | €7,581 | €6,701 | -€881 | -11.6% |
| Profit (loss) for the period before taxes | 9903 | €125,720 | €112,810 | -€12,910 | -10.3% |
| Income taxes | 67/77 | €32,676 | €37,959 | +€5,282 | +16.2% |
| Profit (loss) for the period | 9904 | €93,044 | €74,851 | -€18,192 | -19.6% |
| Profit (loss) for the period to be appropriated | 9905 | €93,044 | €74,851 | -€18,192 | -19.6% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.