AXIMAS: 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.
AXIMAS
Largest movements
- Receivables within one year +€72,189
up €72,189 (+105.3%), from €68,554 to €140,743
of which Trade receivables: +€84,446
- Cash -€42,503
down €42,503 (-77.9%), from €54,538 to €12,035
mainly Receivables within one year (-€72,189) and Trade debts (-€20,605)
- Profit (loss) carried forward +€22,752
up €22,752 (+22.4%), from -€101,503 to -€78,751
- Trade debts -€20,605
down €20,605 (-56.7%), from €36,310 to €15,705
- Other debts +€15,414
up €15,414 (+49.6%), from €31,058 to €46,471
- Tax, wage and social debts +€11,301
new in 2025: €11,301
- Gross operating margin +€87,712
up €87,712, from -€73,259 to €14,453
- Financial income -€74,008
down €74,008 (-74.7%), from €99,090 to €25,081
- Depreciation -€12,092
down €12,092 (-93.6%), from €12,916 to €825
- Other operating charges -€7,233
down €7,233 (-84.1%), from €8,604 to €1,371
- Financial charges +€6,734
up €6,734 (+85.8%), from €7,853 to €14,587
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 | €123,917 | €152,778 | +€28,861 | +23.3% |
| Fixed assets | 21/28 | €825 | €0 | -€825 | -100.0% |
| Intangible fixed assets | 21 | €825 | €0 | -€825 | -100.0% |
| Current assets | 29/58 | €123,092 | €152,778 | +€29,686 | +24.1% |
| Amounts receivable within one year | 40/41 | €68,554 | €140,743 | +€72,189 | +105.3% |
| Trade receivables | 40 | €41,765 | €126,211 | +€84,446 | +202.2% |
| Other amounts receivable | 41 | €26,789 | €14,532 | -€12,257 | -45.8% |
| Cash at bank and in hand | 54/58 | €54,538 | €12,035 | -€42,503 | -77.9% |
| Total equity and liabilities | 10/49 | €123,917 | €152,778 | +€28,861 | +23.3% |
| Equity | 10/15 | €47,289 | €70,041 | +€22,752 | +48.1% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €130,242 | €130,242 | = | 0.0% |
| Distributable reserves | 133 | €130,242 | €130,242 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€101,503 | -€78,751 | +€22,752 | +22.4% |
| Amounts payable | 17/49 | €76,628 | €82,737 | +€6,109 | +8.0% |
| Amounts payable within one year | 42/48 | €76,628 | €82,737 | +€6,109 | +8.0% |
| Trade debts | 44 | €36,310 | €15,705 | -€20,605 | -56.7% |
| Suppliers | 440/4 | €36,310 | €15,705 | -€20,605 | -56.7% |
| Advances received on contracts in progress | 46 | €9,260 | €9,260 | = | 0.0% |
| Taxes, remuneration and social security | 45 | - | €11,301 | +€11,301 | |
| Taxes | 450/3 | - | €11,301 | +€11,301 | |
| Other amounts payable | 47/48 | €31,058 | €46,471 | +€15,414 | +49.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,916 | €825 | -€12,092 | -93.6% |
| Other operating charges | 640/8 | €8,604 | €1,371 | -€7,233 | -84.1% |
| Gross operating margin | 9900 | -€73,259 | €14,453 | +€87,712 | |
| Operating profit (loss) | 9901 | -€94,779 | €12,257 | +€107,036 | |
| Financial income | 75/76B | €99,090 | €25,081 | -€74,008 | -74.7% |
| Recurring financial income | 75 | €99,090 | €25,081 | -€74,008 | -74.7% |
| Financial charges | 65/66B | €7,853 | €14,587 | +€6,734 | +85.8% |
| Recurring financial charges | 65 | €7,853 | €14,587 | +€6,734 | +85.8% |
| Profit (loss) for the period before taxes | 9903 | -€3,542 | €22,752 | +€26,293 | |
| Profit (loss) for the period | 9904 | -€3,542 | €22,752 | +€26,293 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,542 | €22,752 | +€26,293 |
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 5 October 2026 via checked.be.