AXIMMA: 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.
AXIMMA
Largest movements
- Current investments -€300,000
down €300,000 (-100.0%), from €300,000 to €0
- Receivables within one year +€226,624
up €226,624 (+110.3%), from €205,461 to €432,085
of which Other amounts receivable: +€298,590
- Cash -€24,239
down €24,239 (-5.7%), from €427,786 to €403,547
mainly Receivables within one year (-€226,624) and Trade debts (-€176,327)
- Reserves +€198,827
up €198,827 (+21.6%), from €920,512 to €1.1m
of which Distributable reserves: +€198,827
- Trade debts -€176,327
down €176,327 (-93.7%), from €188,168 to €11,842
- Debts after one year -€83,118
down €83,118 (-25.9%), from €321,393 to €238,274
of which Other amounts payable: -€42,312
- Tax, wage and social debts -€29,308
down €29,308 (-27.6%), from €106,195 to €76,887
of which Remuneration and social security: -€19,760
- Staff costs +€34,851
up €34,851 (+12.0%), from €289,935 to €324,786
- Taxes -€13,885
down €13,885 (-18.1%), from €76,610 to €62,725
- Gross operating margin -€11,338
down €11,338 (-1.7%), from €658,422 to €647,084
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 | €1,729,008 | €1,635,030 | -€93,978 | -5.4% |
| Fixed assets | 21/28 | €792,676 | €796,306 | +€3,631 | +0.5% |
| Tangible fixed assets | 22/27 | €792,676 | €796,306 | +€3,631 | +0.5% |
| Land and buildings | 22 | €772,749 | €730,841 | -€41,907 | -5.4% |
| Plant, machinery and equipment | 23 | - | €1,828 | +€1,828 | |
| Furniture and vehicles | 24 | €19,927 | €63,637 | +€43,710 | +219.4% |
| Current assets | 29/58 | €936,332 | €838,724 | -€97,609 | -10.4% |
| Amounts receivable within one year | 40/41 | €205,461 | €432,085 | +€226,624 | +110.3% |
| Trade receivables | 40 | €125,417 | €53,451 | -€71,966 | -57.4% |
| Other amounts receivable | 41 | €80,044 | €378,634 | +€298,590 | +373.0% |
| Current investments | 50/53 | €300,000 | €0 | -€300,000 | -100.0% |
| Cash at bank and in hand | 54/58 | €427,786 | €403,547 | -€24,239 | -5.7% |
| Deferred charges and accrued income | 490/1 | €3,086 | €3,093 | +€7 | +0.2% |
| Total equity and liabilities | 10/49 | €1,729,008 | €1,635,030 | -€93,978 | -5.4% |
| Equity | 10/15 | €1,030,634 | €1,224,327 | +€193,692 | +18.8% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | €920,512 | €1,119,340 | +€198,827 | +21.6% |
| Non-distributable reserves | 130/1 | €3,000 | €3,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,000 | €3,000 | = | 0.0% |
| Distributable reserves | 133 | €917,512 | €1,116,340 | +€198,827 | +21.7% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Investment grants | 15 | €80,122 | €74,987 | -€5,135 | -6.4% |
| Amounts payable | 17/49 | €698,374 | €410,703 | -€287,670 | -41.2% |
| Amounts payable after more than one year | 17 | €321,393 | €238,274 | -€83,118 | -25.9% |
| Financial debts | 170/4 | €159,200 | €118,393 | -€40,806 | -25.6% |
| Other amounts payable | 178/9 | €162,193 | €119,881 | -€42,312 | -26.1% |
| Amounts payable within one year | 42/48 | €376,981 | €171,847 | -€205,134 | -54.4% |
| Current portion of amounts payable after more than one year | 42 | €82,617 | €83,118 | +€501 | +0.6% |
| Trade debts | 44 | €188,168 | €11,842 | -€176,327 | -93.7% |
| Suppliers | 440/4 | €188,168 | €11,842 | -€176,327 | -93.7% |
| Taxes, remuneration and social security | 45 | €106,195 | €76,887 | -€29,308 | -27.6% |
| Taxes | 450/3 | €48,966 | €39,418 | -€9,548 | -19.5% |
| Remuneration and social security | 454/9 | €57,229 | €37,469 | -€19,760 | -34.5% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | - | €582 | +€582 | |
| Remuneration, social security and pensions | 62 | €289,935 | €324,786 | +€34,851 | +12.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €47,568 | €52,676 | +€5,108 | +10.7% |
| Other operating charges | 640/8 | €2,975 | €2,701 | -€274 | -9.2% |
| Non-recurring operating charges | 66A | - | €10,010 | +€10,010 | |
| Gross operating margin | 9900 | €658,422 | €647,084 | -€11,338 | -1.7% |
| Operating profit (loss) | 9901 | €317,944 | €256,912 | -€61,032 | -19.2% |
| Financial income | 75/76B | €5,135 | €6,971 | +€1,836 | +35.8% |
| Recurring financial income | 75 | €5,135 | €6,971 | +€1,836 | +35.8% |
| Financial charges | 65/66B | €2,833 | €2,331 | -€502 | -17.7% |
| Recurring financial charges | 65 | €2,833 | €2,331 | -€502 | -17.7% |
| Profit (loss) for the period before taxes | 9903 | €320,246 | €261,552 | -€58,694 | -18.3% |
| Income taxes | 67/77 | €76,610 | €62,725 | -€13,885 | -18.1% |
| Profit (loss) for the period | 9904 | €243,636 | €198,827 | -€44,809 | -18.4% |
| Profit (loss) for the period to be appropriated | 9905 | €243,636 | €198,827 | -€44,809 | -18.4% |
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 4 October 2026 via checked.be.