Axis Capital: 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 Capital
Largest movements
- Receivables within one year +€374,337
up €374,337 (+56.1%), from €667,685 to €1.0m
of which Trade receivables: +€380,000
- Receivables after one year +€16,880
up €16,880 (+3.0%), from €565,668 to €582,548
- Profit (loss) carried forward +€313,909
up €313,909 (+54.0%), from -€581,332 to -€267,424
- Debts after one year +€75,702
up €75,702 (+4.5%), from €1.7m to €1.8m
- Gross operating margin +€260,424
up €260,424 (+231%), from €112,759 to €373,183
- Financial charges +€10,546
up €10,546 (+16.1%), from €65,609 to €76,154
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 | €1,237,389 | €1,628,839 | +€391,450 | +31.6% |
| Fixed assets | 21/28 | €4,000 | €4,000 | = | 0.0% |
| Financial fixed assets | 28 | €4,000 | €4,000 | = | 0.0% |
| Current assets | 29/58 | €1,233,389 | €1,624,839 | +€391,450 | +31.7% |
| Amounts receivable after more than one year | 29 | €565,668 | €582,548 | +€16,880 | +3.0% |
| Other amounts receivable | 291 | €565,668 | €582,548 | +€16,880 | +3.0% |
| Amounts receivable within one year | 40/41 | €667,685 | €1,042,022 | +€374,337 | +56.1% |
| Trade receivables | 40 | €125,000 | €505,000 | +€380,000 | +304% |
| Other amounts receivable | 41 | €542,685 | €537,022 | -€5,663 | -1.0% |
| Cash at bank and in hand | 54/58 | €36 | €268 | +€233 | +651% |
| Total equity and liabilities | 10/49 | €1,237,389 | €1,628,839 | +€391,450 | +31.6% |
| Equity | 10/15 | -€568,832 | -€254,924 | +€313,909 | +55.2% |
| Contributions | 10/11 | €12,500 | €12,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€581,332 | -€267,424 | +€313,909 | +54.0% |
| Amounts payable | 17/49 | €1,806,221 | €1,883,762 | +€77,541 | +4.3% |
| Amounts payable after more than one year | 17 | €1,682,264 | €1,757,966 | +€75,702 | +4.5% |
| Financial debts | 170/4 | €1,682,264 | €1,757,966 | +€75,702 | +4.5% |
| Amounts payable within one year | 42/48 | €123,957 | €125,796 | +€1,839 | +1.5% |
| Trade debts | 44 | €12,879 | €13,201 | +€322 | +2.5% |
| Suppliers | 440/4 | €12,879 | €13,201 | +€322 | +2.5% |
| Other amounts payable | 47/48 | €111,078 | €112,595 | +€1,517 | +1.4% |
| Other operating charges | 640/8 | €0 | - | = | |
| Gross operating margin | 9900 | €112,759 | €373,183 | +€260,424 | +231% |
| Operating profit (loss) | 9901 | €112,759 | €373,183 | +€260,424 | +231% |
| Financial income | 75/76B | €16,530 | €16,880 | +€350 | +2.1% |
| Recurring financial income | 75 | €16,530 | €16,880 | +€350 | +2.1% |
| Financial charges | 65/66B | €65,609 | €76,154 | +€10,546 | +16.1% |
| Recurring financial charges | 65 | €65,609 | €76,154 | +€10,546 | +16.1% |
| Profit (loss) for the period before taxes | 9903 | €63,681 | €313,909 | +€250,228 | +393% |
| Profit (loss) for the period | 9904 | €63,681 | €313,909 | +€250,228 | +393% |
| Profit (loss) for the period to be appropriated | 9905 | €63,681 | €313,909 | +€250,228 | +393% |
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 19 October 2026 via checked.be.