Aximo: 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.
Aximo
Largest movements
- Tangible fixed assets -€15,655
down €15,655 (-2.8%), from €555,835 to €540,180
- Cash -€6,099
down €6,099 (-19.7%), from €30,996 to €24,897
mainly Debts after one year (-€23,533) and Provisions (-€2,046)
- Debts after one year -€23,533
down €23,533 (-35.3%), from €66,626 to €43,093
- Depreciation -€27,313
down €27,313 (-63.6%), from €42,968 to €15,655
- Gross operating margin +€10,296
up €10,296 (+106.0%), from €9,709 to €20,005
- Financial charges -€586
down €586 (-15.9%), from €3,679 to €3,093
- Financial income -€228
down €228 (-63.7%), from €357 to €130
- Taxes +€217
no longer reported in 2024 (was -€217)
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €587,195 | €565,347 | -€21,848 | -3.7% |
| Fixed assets | 21/28 | €555,959 | €540,304 | -€15,655 | -2.8% |
| Tangible fixed assets | 22/27 | €555,835 | €540,180 | -€15,655 | -2.8% |
| Land and buildings | 22 | €555,835 | €540,180 | -€15,655 | -2.8% |
| Financial fixed assets | 28 | €124 | €124 | = | 0.0% |
| Current assets | 29/58 | €31,236 | €25,043 | -€6,193 | -19.8% |
| Amounts receivable within one year | 40/41 | €240 | €146 | -€94 | -39.2% |
| Trade receivables | 40 | €133 | - | -€133 | |
| Other amounts receivable | 41 | €107 | €146 | +€39 | +36.3% |
| Cash at bank and in hand | 54/58 | €30,996 | €24,897 | -€6,099 | -19.7% |
| Total equity and liabilities | 10/49 | €587,195 | €565,347 | -€21,848 | -3.7% |
| Equity | 10/15 | €452,786 | €453,752 | +€967 | +0.2% |
| Contributions | 10/11 | €87,000 | €87,000 | = | 0.0% |
| Capital | 10 | €87,000 | €87,000 | = | 0.0% |
| Issued capital | 100 | €87,000 | €87,000 | = | 0.0% |
| Reserves | 13 | €365,786 | €366,752 | +€967 | +0.3% |
| Non-distributable reserves | 130/1 | €8,700 | €8,700 | = | 0.0% |
| Legal reserve | 130 | €8,700 | €8,700 | = | 0.0% |
| Tax-exempt reserves | 132 | €130,945 | €124,807 | -€6,138 | -4.7% |
| Distributable reserves | 133 | €226,140 | €233,245 | +€7,105 | +3.1% |
| Provisions and deferred taxes | 16 | €43,648 | €41,602 | -€2,046 | -4.7% |
| Deferred taxes | 168 | €43,648 | €41,602 | -€2,046 | -4.7% |
| Amounts payable | 17/49 | €90,761 | €69,992 | -€20,768 | -22.9% |
| Amounts payable after more than one year | 17 | €66,626 | €43,093 | -€23,533 | -35.3% |
| Financial debts | 170/4 | €66,626 | €43,093 | -€23,533 | -35.3% |
| Amounts payable within one year | 42/48 | €22,771 | €23,920 | +€1,149 | +5.0% |
| Current portion of amounts payable after more than one year | 42 | €22,771 | €23,533 | +€762 | +3.3% |
| Trade debts | 44 | - | €387 | +€387 | |
| Suppliers | 440/4 | - | €387 | +€387 | |
| Accrued charges and deferred income | 492/3 | €1,364 | €2,979 | +€1,615 | +118.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €42,968 | €15,655 | -€27,313 | -63.6% |
| Other operating charges | 640/8 | €2,277 | €2,467 | +€190 | +8.3% |
| Gross operating margin | 9900 | €9,709 | €20,005 | +€10,296 | +106.0% |
| Operating profit (loss) | 9901 | -€35,535 | €1,884 | +€37,419 | |
| Financial income | 75/76B | €357 | €130 | -€228 | -63.7% |
| Recurring financial income | 75 | €357 | €130 | -€228 | -63.7% |
| Financial charges | 65/66B | €3,679 | €3,093 | -€586 | -15.9% |
| Recurring financial charges | 65 | €3,679 | €3,093 | -€586 | -15.9% |
| Profit (loss) for the period before taxes | 9903 | -€38,857 | -€1,079 | +€37,778 | +97.2% |
| Transfer from deferred taxes | 780 | €2,046 | €2,046 | = | 0.0% |
| Income taxes | 67/77 | -€217 | - | +€217 | |
| Profit (loss) for the period | 9904 | -€36,594 | €967 | +€37,561 | |
| Transfer from tax-exempt reserves | 789 | €6,138 | €6,138 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€30,456 | €7,105 | +€37,561 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.