AXION: 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.
AXION
Largest movements
- Stocks and contracts +€42,767
up €42,767 (+787.1%), from €5,433 to €48,200
- Receivables within one year +€14,174
up €14,174 (+162.9%), from €8,701 to €22,875
of which Trade receivables: +€14,071
- Tangible fixed assets -€3,639
down €3,639 (-46.2%), from €7,880 to €4,241
of which Furniture and vehicles: -€2,797
- Cash -€2,929
down €2,929 (-11.3%), from €25,955 to €23,026
mainly Stocks and contracts (-€42,767) and Other debts (-€39,292)
- Profit (loss) carried forward +€96,111
up €96,111, from -€93,611 to €2,500
- Other debts -€39,292
down €39,292 (-32.8%), from €119,973 to €80,681
- Trade debts -€16,007
down €16,007 (-97.3%), from €16,446 to €439
- Tax, wage and social debts +€8,988
up €8,988 (+293.6%), from €3,061 to €12,049
- Gross operating margin +€94,532
up €94,532 (+592.3%), from €15,960 to €110,492
- Taxes +€9,084
new in 2025: €9,084
- Depreciation -€5,724
down €5,724 (-61.1%), from €9,363 to €3,639
- Other operating charges -€4,017
down €4,017 (-70.6%), from €5,693 to €1,677
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 | €52,070 | €101,870 | +€49,800 | +95.6% |
| Fixed assets | 21/28 | €9,380 | €5,741 | -€3,639 | -38.8% |
| Tangible fixed assets | 22/27 | €7,880 | €4,241 | -€3,639 | -46.2% |
| Plant, machinery and equipment | 23 | €1,977 | €1,527 | -€450 | -22.8% |
| Furniture and vehicles | 24 | €4,330 | €1,533 | -€2,797 | -64.6% |
| Other tangible fixed assets | 26 | €1,574 | €1,181 | -€392 | -24.9% |
| Financial fixed assets | 28 | €1,500 | €1,500 | = | 0.0% |
| Current assets | 29/58 | €42,690 | €96,129 | +€53,439 | +125.2% |
| Stocks and contracts in progress | 3 | €5,433 | €48,200 | +€42,767 | +787.1% |
| Stocks | 30/36 | €5,433 | €48,200 | +€42,767 | +787.1% |
| Amounts receivable within one year | 40/41 | €8,701 | €22,875 | +€14,174 | +162.9% |
| Trade receivables | 40 | €6,740 | €20,810 | +€14,071 | +208.8% |
| Other amounts receivable | 41 | €1,961 | €2,065 | +€103 | +5.3% |
| Cash at bank and in hand | 54/58 | €25,955 | €23,026 | -€2,929 | -11.3% |
| Deferred charges and accrued income | 490/1 | €2,600 | €2,028 | -€573 | -22.0% |
| Total equity and liabilities | 10/49 | €52,070 | €101,870 | +€49,800 | +95.6% |
| Equity | 10/15 | -€87,411 | €8,700 | +€96,111 | |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€93,611 | €2,500 | +€96,111 | |
| Amounts payable | 17/49 | €139,481 | €93,170 | -€46,311 | -33.2% |
| Amounts payable within one year | 42/48 | €139,481 | €93,170 | -€46,311 | -33.2% |
| Trade debts | 44 | €16,446 | €439 | -€16,007 | -97.3% |
| Suppliers | 440/4 | €16,446 | €439 | -€16,007 | -97.3% |
| Taxes, remuneration and social security | 45 | €3,061 | €12,049 | +€8,988 | +293.6% |
| Taxes | 450/3 | €3,061 | €12,049 | +€8,988 | +293.6% |
| Other amounts payable | 47/48 | €119,973 | €80,681 | -€39,292 | -32.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,363 | €3,639 | -€5,724 | -61.1% |
| Other operating charges | 640/8 | €5,693 | €1,677 | -€4,017 | -70.6% |
| Gross operating margin | 9900 | €15,960 | €110,492 | +€94,532 | +592.3% |
| Operating profit (loss) | 9901 | €904 | €105,176 | +€104,272 | +11538.4% |
| Financial income | 75/76B | €88 | €79 | -€9 | -10.4% |
| Recurring financial income | 75 | €88 | €79 | -€9 | -10.4% |
| Financial charges | 65/66B | €147 | €59 | -€88 | -59.6% |
| Recurring financial charges | 65 | €147 | €59 | -€88 | -59.6% |
| Profit (loss) for the period before taxes | 9903 | €844 | €105,195 | +€104,351 | +12363.1% |
| Income taxes | 67/77 | - | €9,084 | +€9,084 | |
| Profit (loss) for the period | 9904 | €844 | €96,111 | +€95,267 | +11286.9% |
| Profit (loss) for the period to be appropriated | 9905 | €844 | €96,111 | +€95,267 | +11286.9% |
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 10 October 2026 via checked.be.