AXIS - accountancy: what changed
AXIS - accountancy
Largest movements
- Cash +€64,537
up €64,537 (+70.6%), from €91,425 to €155,962
mainly Net result for the year (+€133,131) and Debts after one year (+€46,368)
- Current investments +€38,122
up €38,122 (+15.0%), from €253,496 to €291,617
- Receivables within one year +€27,622
up €27,622, from €0 to €27,622
of which Other amounts receivable: +€23,992
- Reserves +€130,397
up €130,397 (+40.0%), from €325,647 to €456,044
of which Distributable reserves: +€130,397
- Other debts -€56,462
down €56,462 (-95.8%), from €58,935 to €2,473
- Debts after one year +€46,368
new in 2025: €46,368
- Tax, wage and social debts +€5,901
up €5,901 (+19.1%), from €30,978 to €36,879
- Gross operating margin +€27,500
up €27,500 (+15.4%), from €178,418 to €205,917
- Taxes +€8,874
up €8,874 (+17.0%), from €52,349 to €61,224
- Financial income -€2,702
down €2,702 (-60.9%), from €4,434 to €1,732
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €416,792 | €545,091 | +€128,298 | +30.8% |
| Fixed assets | 21/28 | €34,599 | €35,733 | +€1,134 | +3.3% |
| Tangible fixed assets | 22/27 | €34,599 | €35,733 | +€1,134 | +3.3% |
| Furniture and vehicles | 24 | €31,779 | €22,191 | -€9,588 | -30.2% |
| Other tangible fixed assets | 26 | €2,821 | €13,543 | +€10,722 | +380% |
| Current assets | 29/58 | €382,193 | €509,357 | +€127,165 | +33.3% |
| Amounts receivable after more than one year | 29 | €37,272 | €34,156 | -€3,116 | -8.4% |
| Other amounts receivable | 291 | €37,272 | €34,156 | -€3,116 | -8.4% |
| Amounts receivable within one year | 40/41 | €0 | €27,622 | +€27,622 | |
| Trade receivables | 40 | - | €3,630 | +€3,630 | |
| Other amounts receivable | 41 | €0 | €23,992 | +€23,992 | |
| Current investments | 50/53 | €253,496 | €291,617 | +€38,122 | +15.0% |
| Cash at bank and in hand | 54/58 | €91,425 | €155,962 | +€64,537 | +70.6% |
| Total equity and liabilities | 10/49 | €416,792 | €545,091 | +€128,298 | +30.8% |
| Equity | 10/15 | €326,638 | €457,166 | +€130,528 | +40.0% |
| Reserves | 13 | €325,647 | €456,044 | +€130,397 | +40.0% |
| Non-distributable reserves | 130/1 | €92,477 | €92,477 | = | 0.0% |
| Own shares acquired | 1312 | €92,477 | €92,477 | = | 0.0% |
| Distributable reserves | 133 | €233,170 | €363,567 | +€130,397 | +55.9% |
| Profit (loss) carried forward | 14 | €991 | €1,122 | +€131 | +13.2% |
| Amounts payable | 17/49 | €90,154 | €87,925 | -€2,229 | -2.5% |
| Amounts payable after more than one year | 17 | - | €46,368 | +€46,368 | |
| Financial debts | 170/4 | - | €46,368 | +€46,368 | |
| Amounts payable within one year | 42/48 | €90,154 | €41,557 | -€48,597 | -53.9% |
| Trade debts | 44 | €241 | €2,205 | +€1,964 | +815% |
| Suppliers | 440/4 | €241 | €2,205 | +€1,964 | +815% |
| Taxes, remuneration and social security | 45 | €30,978 | €36,879 | +€5,901 | +19.1% |
| Taxes | 450/3 | €30,978 | €36,879 | +€5,901 | +19.1% |
| Other amounts payable | 47/48 | €58,935 | €2,473 | -€56,462 | -95.8% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,588 | €10,306 | +€718 | +7.5% |
| Other operating charges | 640/8 | €1,285 | €2,033 | +€748 | +58.2% |
| Gross operating margin | 9900 | €178,418 | €205,917 | +€27,500 | +15.4% |
| Operating profit (loss) | 9901 | €167,544 | €193,577 | +€26,033 | +15.5% |
| Financial income | 75/76B | €4,434 | €1,732 | -€2,702 | -60.9% |
| Recurring financial income | 75 | €4,434 | €1,732 | -€2,702 | -60.9% |
| Financial charges | 65/66B | €1,762 | €955 | -€807 | -45.8% |
| Recurring financial charges | 65 | €1,762 | €955 | -€807 | -45.8% |
| Profit (loss) for the period before taxes | 9903 | €170,216 | €194,354 | +€24,138 | +14.2% |
| Income taxes | 67/77 | €52,349 | €61,224 | +€8,874 | +17.0% |
| Profit (loss) for the period | 9904 | €117,867 | €133,131 | +€15,264 | +12.9% |
| Profit (loss) for the period to be appropriated | 9905 | €117,867 | €133,131 | +€15,264 | +12.9% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.