AXIS Decoratie: 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 Decoratie
Largest movements
- Tangible fixed assets +€47,108
up €47,108 (+71.9%), from €65,495 to €112,602
of which Furniture and vehicles: +€49,052
- Cash -€30,265
down €30,265 (-50.5%), from €59,908 to €29,643
mainly Investment in fixed assets (net) (-€67,783) and Trade debts (-€33,243)
- Receivables within one year +€20,090
up €20,090 (+56.7%), from €35,421 to €55,510
of which Trade receivables: +€20,198
- Debts after one year +€42,099
up €42,099 (+657%), from €6,408 to €48,507
- Trade debts -€33,243
down €33,243 (-59.3%), from €56,102 to €22,859
- Current portion of long-term debt +€11,260
up €11,260 (+235%), from €4,795 to €16,055
- Reserves +€8,085
up €8,085 (+12.5%), from €64,844 to €72,930
- Tax, wage and social debts +€7,371
up €7,371 (+40.2%), from €18,340 to €25,711
of which Taxes: +€7,091
- Gross operating margin -€29,265
down €29,265 (-16.6%), from €176,435 to €147,171
- Taxes -€8,181
down €8,181 (-63.6%), from €12,859 to €4,678
- Staff costs +€8,046
up €8,046 (+7.9%), from €101,469 to €109,515
- Depreciation +€4,639
up €4,639 (+29.5%), from €15,706 to €20,345
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 | €162,489 | €200,562 | +€38,072 | +23.4% |
| Fixed assets | 21/28 | €65,495 | €112,932 | +€47,438 | +72.4% |
| Tangible fixed assets | 22/27 | €65,495 | €112,602 | +€47,108 | +71.9% |
| Plant, machinery and equipment | 23 | €15,101 | €13,157 | -€1,944 | -12.9% |
| Furniture and vehicles | 24 | €50,394 | €99,446 | +€49,052 | +97.3% |
| Financial fixed assets | 28 | - | €330 | +€330 | |
| Current assets | 29/58 | €96,995 | €87,629 | -€9,366 | -9.7% |
| Stocks and contracts in progress | 3 | €845 | €1,018 | +€173 | +20.5% |
| Stocks | 30/36 | €845 | €1,018 | +€173 | +20.5% |
| Amounts receivable within one year | 40/41 | €35,421 | €55,510 | +€20,090 | +56.7% |
| Trade receivables | 40 | €30,933 | €51,131 | +€20,198 | +65.3% |
| Other amounts receivable | 41 | €4,488 | €4,380 | -€109 | -2.4% |
| Cash at bank and in hand | 54/58 | €59,908 | €29,643 | -€30,265 | -50.5% |
| Deferred charges and accrued income | 490/1 | €821 | €1,458 | +€637 | +77.5% |
| Total equity and liabilities | 10/49 | €162,489 | €200,562 | +€38,072 | +23.4% |
| Equity | 10/15 | €76,844 | €84,930 | +€8,085 | +10.5% |
| Contributions | 10/11 | €12,000 | €12,000 | = | 0.0% |
| Reserves | 13 | €64,844 | €72,930 | +€8,085 | +12.5% |
| Distributable reserves | 133 | €64,844 | €72,930 | +€8,085 | +12.5% |
| Amounts payable | 17/49 | €85,645 | €115,632 | +€29,987 | +35.0% |
| Amounts payable after more than one year | 17 | €6,408 | €48,507 | +€42,099 | +657% |
| Financial debts | 170/4 | €6,408 | €48,507 | +€42,099 | +657% |
| Amounts payable within one year | 42/48 | €79,237 | €65,625 | -€13,612 | -17.2% |
| Current portion of amounts payable after more than one year | 42 | €4,795 | €16,055 | +€11,260 | +235% |
| Trade debts | 44 | €56,102 | €22,859 | -€33,243 | -59.3% |
| Suppliers | 440/4 | €56,102 | €22,859 | -€33,243 | -59.3% |
| Advances received on contracts in progress | 46 | - | €1,000 | +€1,000 | |
| Taxes, remuneration and social security | 45 | €18,340 | €25,711 | +€7,371 | +40.2% |
| Taxes | 450/3 | €16,466 | €23,557 | +€7,091 | +43.1% |
| Remuneration and social security | 454/9 | €1,874 | €2,154 | +€281 | +15.0% |
| Accrued charges and deferred income | 492/3 | - | €1,500 | +€1,500 | |
| Remuneration, social security and pensions | 62 | €101,469 | €109,515 | +€8,046 | +7.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,706 | €20,345 | +€4,639 | +29.5% |
| Other operating charges | 640/8 | €3,114 | €2,502 | -€612 | -19.7% |
| Gross operating margin | 9900 | €176,435 | €147,171 | -€29,265 | -16.6% |
| Operating profit (loss) | 9901 | €56,146 | €14,809 | -€41,337 | -73.6% |
| Financial income | 75/76B | €218 | €266 | +€48 | +21.9% |
| Recurring financial income | 75 | €218 | €266 | +€48 | +21.9% |
| Financial charges | 65/66B | €1,710 | €2,312 | +€602 | +35.2% |
| Recurring financial charges | 65 | €1,710 | €2,312 | +€602 | +35.2% |
| Profit (loss) for the period before taxes | 9903 | €54,654 | €12,763 | -€41,891 | -76.6% |
| Income taxes | 67/77 | €12,859 | €4,678 | -€8,181 | -63.6% |
| Profit (loss) for the period | 9904 | €41,795 | €8,085 | -€33,710 | -80.7% |
| Profit (loss) for the period to be appropriated | 9905 | €41,795 | €8,085 | -€33,710 | -80.7% |
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.