AXIS: 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.
AXIS
Largest movements
- Cash +€21,000
up €21,000 (+75.3%), from €27,895 to €48,895
mainly Depreciation (+€18,288) and Net result for the year (+€7,983)
- Tangible fixed assets -€12,242
down €12,242 (-21.4%), from €57,268 to €45,027
of which Furniture and vehicles: -€9,031
- Receivables within one year -€1,816
down €1,816 (-96.0%), from €1,891 to €75
- Deferred charges and accrued income -€1,546
down €1,546 (-66.8%), from €2,312 to €767
- Reserves +€7,983
up €7,983 (+12.1%), from €65,797 to €73,780
of which Distributable reserves: +€7,983
- Current portion of long-term debt -€1,558
down €1,558 (-26.9%), from €5,788 to €4,230
- Gross operating margin +€7,444
up €7,444 (+30.6%), from €24,338 to €31,781
- Depreciation +€6,687
up €6,687 (+57.6%), from €11,601 to €18,288
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 | €89,367 | €94,763 | +€5,396 | +6.0% |
| Fixed assets | 21/28 | €57,268 | €45,027 | -€12,242 | -21.4% |
| Tangible fixed assets | 22/27 | €57,268 | €45,027 | -€12,242 | -21.4% |
| Land and buildings | 22 | €36,511 | €29,277 | -€7,234 | -19.8% |
| Plant, machinery and equipment | 23 | €5,409 | €9,432 | +€4,023 | +74.4% |
| Furniture and vehicles | 24 | €15,348 | €6,317 | -€9,031 | -58.8% |
| Current assets | 29/58 | €32,098 | €49,736 | +€17,638 | +54.9% |
| Amounts receivable within one year | 40/41 | €1,891 | €75 | -€1,816 | -96.0% |
| Other amounts receivable | 41 | €1,891 | €75 | -€1,816 | -96.0% |
| Cash at bank and in hand | 54/58 | €27,895 | €48,895 | +€21,000 | +75.3% |
| Deferred charges and accrued income | 490/1 | €2,312 | €767 | -€1,546 | -66.8% |
| Total equity and liabilities | 10/49 | €89,367 | €94,763 | +€5,396 | +6.0% |
| Equity | 10/15 | €71,997 | €79,980 | +€7,983 | +11.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €65,797 | €73,780 | +€7,983 | +12.1% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €63,937 | €71,920 | +€7,983 | +12.5% |
| Amounts payable | 17/49 | €17,370 | €14,783 | -€2,587 | -14.9% |
| Amounts payable after more than one year | 17 | €2,288 | €2,088 | -€200 | -8.8% |
| Financial debts | 170/4 | €2,288 | €2,088 | -€200 | -8.8% |
| Amounts payable within one year | 42/48 | €15,081 | €12,695 | -€2,386 | -15.8% |
| Current portion of amounts payable after more than one year | 42 | €5,788 | €4,230 | -€1,558 | -26.9% |
| Trade debts | 44 | €1,753 | €2,402 | +€649 | +37.0% |
| Suppliers | 440/4 | €1,753 | €2,402 | +€649 | +37.0% |
| Taxes, remuneration and social security | 45 | €1,061 | €160 | -€902 | -84.9% |
| Taxes | 450/3 | €1,061 | €160 | -€902 | -84.9% |
| Other amounts payable | 47/48 | €6,479 | €5,904 | -€575 | -8.9% |
| Remuneration, social security and pensions | 62 | €175 | €0 | -€175 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,601 | €18,288 | +€6,687 | +57.6% |
| Other operating charges | 640/8 | €1,602 | €1,371 | -€230 | -14.4% |
| Gross operating margin | 9900 | €24,338 | €31,781 | +€7,444 | +30.6% |
| Operating profit (loss) | 9901 | €10,960 | €12,122 | +€1,163 | +10.6% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100.0% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100.0% |
| Financial charges | 65/66B | €504 | €479 | -€25 | -5.0% |
| Recurring financial charges | 65 | €504 | €479 | -€25 | -5.0% |
| Profit (loss) for the period before taxes | 9903 | €10,456 | €11,643 | +€1,187 | +11.4% |
| Income taxes | 67/77 | €3,425 | €3,660 | +€235 | +6.9% |
| Profit (loss) for the period | 9904 | €7,031 | €7,983 | +€953 | +13.5% |
| Profit (loss) for the period to be appropriated | 9905 | €7,031 | €7,983 | +€953 | +13.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.