AXIMO REAL ESTATE: 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.
AXIMO REAL ESTATE
Largest movements
- Tangible fixed assets -€90,380
down €90,380 (-98.8%), from €91,447 to €1,067
of which Land and buildings: -€81,726
- Receivables within one year -€19,554
down €19,554 (-20.9%), from €93,780 to €74,226
of which Other amounts receivable: -€37,199
- Stocks and contracts +€17,629
up €17,629 (+3.2%), from €549,500 to €567,129
- Cash +€13,598
up €13,598 (+344%), from €3,953 to €17,551
mainly Investment in fixed assets (net) (+€90,726) and Receivables within one year (+€19,554)
- Financial fixed assets -€9,000
down €9,000 (-75.0%), from €12,000 to €3,000
- Debts after one year -€57,050
down €57,050 (-30.0%), from €190,050 to €133,000
- Current portion of long-term debt -€16,507
down €16,507 (-92.5%), from €17,841 to €1,334
- Other debts -€15,849
down €15,849 (-4.3%), from €369,223 to €353,374
- Other operating charges +€8,001
up €8,001 (+553%), from €1,446 to €9,447
- Depreciation -€5,000
down €5,000 (-36.6%), from €13,654 to €8,654
- Gross operating margin +€3,142
up €3,142 (+12.5%), from €25,062 to €28,204
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 | €750,942 | €663,245 | -€87,698 | -11.7% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €103,447 | €4,067 | -€99,380 | -96.1% |
| Tangible fixed assets | 22/27 | €91,447 | €1,067 | -€90,380 | -98.8% |
| Land and buildings | 22 | €81,726 | - | -€81,726 | |
| Furniture and vehicles | 24 | €9,721 | €1,067 | -€8,654 | -89.0% |
| Financial fixed assets | 28 | €12,000 | €3,000 | -€9,000 | -75.0% |
| Current assets | 29/58 | €647,496 | €659,178 | +€11,682 | +1.8% |
| Stocks and contracts in progress | 3 | €549,500 | €567,129 | +€17,629 | +3.2% |
| Stocks | 30/36 | €549,500 | €567,129 | +€17,629 | +3.2% |
| Amounts receivable within one year | 40/41 | €93,780 | €74,226 | -€19,554 | -20.9% |
| Trade receivables | 40 | €31,589 | €49,234 | +€17,645 | +55.9% |
| Other amounts receivable | 41 | €62,191 | €24,992 | -€37,199 | -59.8% |
| Cash at bank and in hand | 54/58 | €3,953 | €17,551 | +€13,598 | +344% |
| Deferred charges and accrued income | 490/1 | €262 | €271 | +€9 | +3.4% |
| Total equity and liabilities | 10/49 | €750,942 | €663,245 | -€87,698 | -11.7% |
| Equity | 10/15 | €172,448 | €173,010 | +€561 | +0.3% |
| Contributions | 10/11 | €16,900 | €16,900 | = | 0.0% |
| Reserves | 13 | €41,602 | €41,602 | = | 0.0% |
| Tax-exempt reserves | 132 | €39,742 | €582 | -€39,160 | -98.5% |
| Distributable reserves | 133 | €1,860 | €41,020 | +€39,160 | +2,105% |
| Profit (loss) carried forward | 14 | €113,946 | €114,507 | +€561 | +0.5% |
| Amounts payable | 17/49 | €578,494 | €490,235 | -€88,259 | -15.3% |
| Amounts payable after more than one year | 17 | €190,050 | €133,000 | -€57,050 | -30.0% |
| Financial debts | 170/4 | €190,050 | €133,000 | -€57,050 | -30.0% |
| Amounts payable within one year | 42/48 | €388,445 | €357,235 | -€31,210 | -8.0% |
| Current portion of amounts payable after more than one year | 42 | €17,841 | €1,334 | -€16,507 | -92.5% |
| Financial debts | 43 | - | €407 | +€407 | |
| Credit institutions | 430/8 | - | €407 | +€407 | |
| Trade debts | 44 | €1,381 | €2,121 | +€740 | +53.6% |
| Suppliers | 440/4 | €1,381 | €2,121 | +€740 | +53.6% |
| Other amounts payable | 47/48 | €369,223 | €353,374 | -€15,849 | -4.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,654 | €8,654 | -€5,000 | -36.6% |
| Other operating charges | 640/8 | €1,446 | €9,447 | +€8,001 | +553% |
| Gross operating margin | 9900 | €25,062 | €28,204 | +€3,142 | +12.5% |
| Operating profit (loss) | 9901 | €9,962 | €10,103 | +€141 | +1.4% |
| Financial charges | 65/66B | €9,740 | €9,542 | -€198 | -2.0% |
| Recurring financial charges | 65 | €9,740 | €9,542 | -€198 | -2.0% |
| Profit (loss) for the period before taxes | 9903 | €222 | €561 | +€339 | +153% |
| Profit (loss) for the period | 9904 | €222 | €561 | +€339 | +153% |
| Transfer from tax-exempt reserves | 789 | - | €39,160 | +€39,160 | |
| Profit (loss) for the period to be appropriated | 9905 | €222 | €39,721 | +€39,499 | +17,784% |
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 1 November 2026 via checked.be.