Axiora: 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.
Axiora
Largest movements
- Current investments +€201,196
up €201,196 (+32.2%), from €624,380 to €825,576
- Tangible fixed assets -€60,754
down €60,754 (-19.3%), from €314,014 to €253,260
of which Land and buildings: -€54,285
- Deferred charges and accrued income +€32,038
up €32,038 (+2405.6%), from €1,332 to €33,370
- Cash -€20,615
down €20,615 (-19.0%), from €108,503 to €87,888
mainly Contributions, distributions and other (-€336,018) and Current investments (-€201,196)
- Other debts +€193,789
up €193,789 (+132.2%), from €146,627 to €340,415
- Debts after one year -€25,333
down €25,333 (-13.3%), from €190,000 to €164,667
- Reserves -€15,691
down €15,691 (-1.8%), from €890,193 to €874,502
- Tax, wage and social debts +€15,512
up €15,512 (+230.5%), from €6,729 to €22,240
- Financial income +€325,149
up €325,149 (+1915.8%), from €16,972 to €342,122
- Gross operating margin -€38,689
down €38,689 (-27.7%), from €139,601 to €100,912
- Taxes +€12,230
up €12,230 (+55.9%), from €21,863 to €34,092
- Financial charges -€6,584
down €6,584 (-31.8%), from €20,680 to €14,096
- Other operating charges +€5,951
up €5,951 (+134.4%), from €4,428 to €10,379
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 | €1,364,831 | €1,524,119 | +€159,288 | +11.7% |
| Fixed assets | 21/28 | €619,014 | €558,260 | -€60,754 | -9.8% |
| Tangible fixed assets | 22/27 | €314,014 | €253,260 | -€60,754 | -19.3% |
| Land and buildings | 22 | €277,580 | €223,295 | -€54,285 | -19.6% |
| Plant, machinery and equipment | 23 | €20,503 | €16,969 | -€3,534 | -17.2% |
| Furniture and vehicles | 24 | €15,932 | €12,997 | -€2,935 | -18.4% |
| Financial fixed assets | 28 | €305,000 | €305,000 | = | 0.0% |
| Current assets | 29/58 | €745,817 | €965,858 | +€220,042 | +29.5% |
| Amounts receivable within one year | 40/41 | €11,602 | €19,025 | +€7,423 | +64.0% |
| Trade receivables | 40 | €2,471 | €18,548 | +€16,078 | +650.7% |
| Other amounts receivable | 41 | €9,131 | €476 | -€8,655 | -94.8% |
| Current investments | 50/53 | €624,380 | €825,576 | +€201,196 | +32.2% |
| Cash at bank and in hand | 54/58 | €108,503 | €87,888 | -€20,615 | -19.0% |
| Deferred charges and accrued income | 490/1 | €1,332 | €33,370 | +€32,038 | +2405.6% |
| Total equity and liabilities | 10/49 | €1,364,831 | €1,524,119 | +€159,288 | +11.7% |
| Equity | 10/15 | €984,811 | €969,120 | -€15,691 | -1.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €890,193 | €874,502 | -€15,691 | -1.8% |
| Distributable reserves | 133 | €890,193 | €874,502 | -€15,691 | -1.8% |
| Profit (loss) carried forward | 14 | €76,018 | €76,018 | = | 0.0% |
| Amounts payable | 17/49 | €380,020 | €554,999 | +€174,979 | +46.0% |
| Amounts payable after more than one year | 17 | €190,000 | €164,667 | -€25,333 | -13.3% |
| Financial debts | 170/4 | €190,000 | €164,667 | -€25,333 | -13.3% |
| Amounts payable within one year | 42/48 | €190,020 | €390,332 | +€200,312 | +105.4% |
| Current portion of amounts payable after more than one year | 42 | €25,333 | €25,333 | = | 0.0% |
| Trade debts | 44 | €11,331 | €2,343 | -€8,988 | -79.3% |
| Suppliers | 440/4 | €11,331 | €2,343 | -€8,988 | -79.3% |
| Taxes, remuneration and social security | 45 | €6,729 | €22,240 | +€15,512 | +230.5% |
| Taxes | 450/3 | €6,729 | €22,240 | +€15,512 | +230.5% |
| Other amounts payable | 47/48 | €146,627 | €340,415 | +€193,789 | +132.2% |
| Non-recurring operating income | 76A | - | €31,401 | +€31,401 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €64,365 | €64,140 | -€225 | -0.3% |
| Other operating charges | 640/8 | €4,428 | €10,379 | +€5,951 | +134.4% |
| Gross operating margin | 9900 | €139,601 | €100,912 | -€38,689 | -27.7% |
| Operating profit (loss) | 9901 | €70,808 | €26,393 | -€44,415 | -62.7% |
| Financial income | 75/76B | €16,972 | €342,122 | +€325,149 | +1915.8% |
| Recurring financial income | 75 | €16,972 | €342,122 | +€325,149 | +1915.8% |
| Financial charges | 65/66B | €20,680 | €14,096 | -€6,584 | -31.8% |
| Recurring financial charges | 65 | €20,680 | €14,096 | -€6,584 | -31.8% |
| Profit (loss) for the period before taxes | 9903 | €67,100 | €354,419 | +€287,319 | +428.2% |
| Income taxes | 67/77 | €21,863 | €34,092 | +€12,230 | +55.9% |
| Profit (loss) for the period | 9904 | €45,237 | €320,326 | +€275,089 | +608.1% |
| Profit (loss) for the period to be appropriated | 9905 | €45,237 | €320,326 | +€275,089 | +608.1% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.