AXIS BENELUX: 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.
AXIS BENELUX
Largest movements
- Current investments +€19,936
up €19,936 (+66.0%), from €30,194 to €50,130
- Receivables within one year +€14,228
up €14,228 (+288%), from €4,939 to €19,167
of which Trade receivables: +€13,579
- Tangible fixed assets -€2,030
down €2,030 (-49.2%), from €4,125 to €2,095
- Trade debts +€15,987
up €15,987 (+114%), from €14,066 to €30,053
- Other debts +€15,814
up €15,814 (+322%), from €4,908 to €20,722
- Gross operating margin -€3,269
down €3,269 (-43.8%), from €7,465 to €4,196
- Financial charges +€939
up €939 (+377%), from €249 to €1,188
of which Financial charges: +€633
- Taxes +€301
up €301 (+228%), from €132 to €433
- Other operating charges -€241
down €241 (-27.1%), from €889 to €648
- Financial income -€137
down €137 (-23.1%), from €594 to €457
of which Financial income: -€344
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 | €46,027 | €78,182 | +€32,155 | +69.9% |
| Fixed assets | 21/28 | €4,125 | €2,095 | -€2,030 | -49.2% |
| Tangible fixed assets | 22/27 | €4,125 | €2,095 | -€2,030 | -49.2% |
| Furniture and vehicles | 24 | €4,125 | €2,095 | -€2,030 | -49.2% |
| Current assets | 29/58 | €41,902 | €76,087 | +€34,185 | +81.6% |
| Amounts receivable within one year | 40/41 | €4,939 | €19,167 | +€14,228 | +288% |
| Trade receivables | 40 | €4,939 | €18,518 | +€13,579 | +275% |
| Other amounts receivable | 41 | - | €649 | +€649 | |
| Current investments | 50/53 | €30,194 | €50,130 | +€19,936 | +66.0% |
| Cash at bank and in hand | 54/58 | €6,228 | €6,303 | +€75 | +1.2% |
| Deferred charges and accrued income | 490/1 | €541 | €487 | -€54 | -10.0% |
| Total equity and liabilities | 10/49 | €46,027 | €78,182 | +€32,155 | +69.9% |
| Equity | 10/15 | €13,079 | €13,433 | +€354 | +2.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,521 | -€5,167 | +€354 | +6.4% |
| Amounts payable | 17/49 | €32,948 | €64,749 | +€31,801 | +96.5% |
| Amounts payable within one year | 42/48 | €32,948 | €64,749 | +€31,801 | +96.5% |
| Trade debts | 44 | €14,066 | €30,053 | +€15,987 | +114% |
| Suppliers | 440/4 | €14,066 | €30,053 | +€15,987 | +114% |
| Taxes, remuneration and social security | 45 | €13,974 | €13,974 | = | 0.0% |
| Taxes | 450/3 | €4,477 | €4,477 | = | 0.0% |
| Remuneration and social security | 454/9 | €9,497 | €9,497 | = | 0.0% |
| Other amounts payable | 47/48 | €4,908 | €20,722 | +€15,814 | +322% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,030 | €2,030 | = | 0.0% |
| Other operating charges | 640/8 | €889 | €648 | -€241 | -27.1% |
| Gross operating margin | 9900 | €7,465 | €4,196 | -€3,269 | -43.8% |
| Operating profit (loss) | 9901 | €4,546 | €1,518 | -€3,028 | -66.6% |
| Financial income | 75/76B | €594 | €457 | -€137 | -23.1% |
| Recurring financial income | 75 | €594 | €250 | -€344 | -57.9% |
| Non-recurring financial income | 76B | - | €207 | +€207 | |
| Financial charges | 65/66B | €249 | €1,188 | +€939 | +377% |
| Recurring financial charges | 65 | €249 | €882 | +€633 | +254% |
| Non-recurring financial charges | 66B | - | €306 | +€306 | |
| Profit (loss) for the period before taxes | 9903 | €4,891 | €787 | -€4,104 | -83.9% |
| Income taxes | 67/77 | €132 | €433 | +€301 | +228% |
| Profit (loss) for the period | 9904 | €4,759 | €354 | -€4,405 | -92.6% |
| Profit (loss) for the period to be appropriated | 9905 | €4,759 | €354 | -€4,405 | -92.6% |
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 18 October 2026 via checked.be.