AXIOM OPERATIONS: 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.
AXIOM OPERATIONS
Largest movements
- Cash +€57,259
up €57,259 (+238%), from €24,080 to €81,339
mainly Net result for the year (+€53,059) and Other debts (+€29,668)
- Tangible fixed assets -€8,498
down €8,498 (-52.5%), from €16,177 to €7,679
- Receivables within one year +€3,229
up €3,229 (+61.7%), from €5,234 to €8,464
of which Trade receivables: +€8,209
- Other debts +€29,668
up €29,668 (+204%), from €14,525 to €44,193
- Tax, wage and social debts +€27,309
up €27,309 (+2,082%), from €1,311 to €28,620
of which Taxes: +€23,386
- Trade debts -€7,945
down €7,945 (-71.6%), from €11,096 to €3,151
- Profit (loss) carried forward +€3,059
up €3,059 (+35.7%), from €8,559 to €11,618
- Gross operating margin +€95,723
up €95,723 (+636%), from €15,044 to €110,768
- Staff costs +€33,749
new in 2025: €33,749
- Taxes +€14,480
up €14,480 (+2,452%), from €590 to €15,070
- Other operating charges -€1,810
down €1,810 (-82.6%), from €2,191 to €381
- Financial income -€1,404
down €1,404 (-99.8%), from €1,406 to €2
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 | €45,491 | €97,582 | +€52,091 | +115% |
| Fixed assets | 21/28 | €16,177 | €7,779 | -€8,398 | -51.9% |
| Tangible fixed assets | 22/27 | €16,177 | €7,679 | -€8,498 | -52.5% |
| Furniture and vehicles | 24 | €16,177 | €7,679 | -€8,498 | -52.5% |
| Financial fixed assets | 28 | - | €100 | +€100 | |
| Current assets | 29/58 | €29,314 | €89,803 | +€60,489 | +206% |
| Amounts receivable within one year | 40/41 | €5,234 | €8,464 | +€3,229 | +61.7% |
| Trade receivables | 40 | - | €8,209 | +€8,209 | |
| Other amounts receivable | 41 | €5,234 | €255 | -€4,979 | -95.1% |
| Cash at bank and in hand | 54/58 | €24,080 | €81,339 | +€57,259 | +238% |
| Total equity and liabilities | 10/49 | €45,491 | €97,582 | +€52,091 | +115% |
| Equity | 10/15 | €18,559 | €21,618 | +€3,059 | +16.5% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €8,559 | €11,618 | +€3,059 | +35.7% |
| Amounts payable | 17/49 | €26,932 | €75,964 | +€49,032 | +182% |
| Amounts payable within one year | 42/48 | €26,932 | €75,964 | +€49,032 | +182% |
| Trade debts | 44 | €11,096 | €3,151 | -€7,945 | -71.6% |
| Suppliers | 440/4 | €11,096 | €3,151 | -€7,945 | -71.6% |
| Taxes, remuneration and social security | 45 | €1,311 | €28,620 | +€27,309 | +2,082% |
| Taxes | 450/3 | €31 | €23,417 | +€23,386 | +74,406% |
| Remuneration and social security | 454/9 | €1,280 | €5,203 | +€3,923 | +306% |
| Other amounts payable | 47/48 | €14,525 | €44,193 | +€29,668 | +204% |
| Remuneration, social security and pensions | 62 | - | €33,749 | +€33,749 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,039 | €8,498 | +€458 | +5.7% |
| Other operating charges | 640/8 | €2,191 | €381 | -€1,810 | -82.6% |
| Gross operating margin | 9900 | €15,044 | €110,768 | +€95,723 | +636% |
| Operating profit (loss) | 9901 | €4,814 | €68,140 | +€63,326 | +1,315% |
| Financial income | 75/76B | €1,406 | €2 | -€1,404 | -99.8% |
| Recurring financial income | 75 | €1,406 | €2 | -€1,404 | -99.8% |
| Financial charges | 65/66B | €23 | €13 | -€10 | -43.6% |
| Recurring financial charges | 65 | €23 | €13 | -€10 | -43.6% |
| Profit (loss) for the period before taxes | 9903 | €6,197 | €68,129 | +€61,932 | +999% |
| Income taxes | 67/77 | €590 | €15,070 | +€14,480 | +2,452% |
| Profit (loss) for the period | 9904 | €5,607 | €53,059 | +€47,452 | +846% |
| Profit (loss) for the period to be appropriated | 9905 | €5,607 | €53,059 | +€47,452 | +846% |
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 17 October 2026 via checked.be.