AXIS DEVELOPMENT IT: 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 DEVELOPMENT IT
Largest movements
- Cash +€10,001
new in 2023: €10,001
mainly Net result for the year (+€27,638) and Tax, wage and social debts (+€9,195)
- Receivables within one year +€9,341
up €9,341 (+26.9%), from €34,675 to €44,016
of which Trade receivables: +€5,431
- Reserves +€27,638
up €27,638 (+53.5%), from €51,617 to €79,255
of which Distributable reserves: +€27,638
- Debts after one year -€16,062
down €16,062 (-96.5%), from €16,644 to €582
- Tax, wage and social debts +€9,195
up €9,195 (+36.9%), from €24,896 to €34,091
- Current portion of long-term debt +€6,860
new in 2023: €6,860
- Trade debts -€3,070
down €3,070 (-7.3%), from €42,066 to €38,995
- Gross operating margin +€17,076
up €17,076 (+83.8%), from €20,380 to €37,456
- Taxes +€7,364
up €7,364 (+110.3%), from €6,679 to €14,043
- Financial charges -€780
down €780 (-48.5%), from €1,610 to €830
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €263,659 | €284,905 | +€21,246 | +8.1% |
| Fixed assets | 21/28 | €8,879 | €10,888 | +€2,008 | +22.6% |
| Tangible fixed assets | 22/27 | €8,879 | €10,888 | +€2,008 | +22.6% |
| Furniture and vehicles | 24 | €956 | €3,964 | +€3,008 | +314.7% |
| Other tangible fixed assets | 26 | €7,924 | €6,924 | -€1,000 | -12.6% |
| Current assets | 29/58 | €254,780 | €274,017 | +€19,238 | +7.6% |
| Amounts receivable after more than one year | 29 | €220,000 | €220,000 | = | 0.0% |
| Other amounts receivable | 291 | €220,000 | €220,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €34,675 | €44,016 | +€9,341 | +26.9% |
| Trade receivables | 40 | €34,460 | €39,891 | +€5,431 | +15.8% |
| Other amounts receivable | 41 | €215 | €4,125 | +€3,910 | +1818.9% |
| Cash at bank and in hand | 54/58 | - | €10,001 | +€10,001 | |
| Deferred charges and accrued income | 490/1 | €105 | - | -€105 | |
| Total equity and liabilities | 10/49 | €263,659 | €284,905 | +€21,246 | +8.1% |
| Equity | 10/15 | €156,739 | €184,377 | +€27,638 | +17.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €51,617 | €79,255 | +€27,638 | +53.5% |
| 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 | €49,757 | €77,395 | +€27,638 | +55.5% |
| Profit (loss) carried forward | 14 | €98,922 | €98,922 | = | 0.0% |
| Amounts payable | 17/49 | €106,920 | €100,528 | -€6,393 | -6.0% |
| Amounts payable after more than one year | 17 | €16,644 | €582 | -€16,062 | -96.5% |
| Financial debts | 170/4 | €16,644 | €582 | -€16,062 | -96.5% |
| Amounts payable within one year | 42/48 | €90,277 | €99,946 | +€9,670 | +10.7% |
| Current portion of amounts payable after more than one year | 42 | - | €6,860 | +€6,860 | |
| Financial debts | 43 | €2,420 | - | -€2,420 | |
| Credit institutions | 430/8 | €2,420 | - | -€2,420 | |
| Trade debts | 44 | €42,066 | €38,995 | -€3,070 | -7.3% |
| Suppliers | 440/4 | €42,066 | €38,995 | -€3,070 | -7.3% |
| Taxes, remuneration and social security | 45 | €24,896 | €34,091 | +€9,195 | +36.9% |
| Taxes | 450/3 | €24,896 | €34,091 | +€9,195 | +36.9% |
| Other amounts payable | 47/48 | €20,895 | €20,000 | -€895 | -4.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,466 | €1,546 | +€80 | +5.4% |
| Gross operating margin | 9900 | €20,380 | €37,456 | +€17,076 | +83.8% |
| Operating profit (loss) | 9901 | €18,914 | €35,911 | +€16,996 | +89.9% |
| Financial income | 75/76B | €6,515 | €6,600 | +€85 | +1.3% |
| Recurring financial income | 75 | €6,515 | €6,600 | +€85 | +1.3% |
| Financial charges | 65/66B | €1,610 | €830 | -€780 | -48.5% |
| Recurring financial charges | 65 | €1,610 | €830 | -€780 | -48.5% |
| Profit (loss) for the period before taxes | 9903 | €23,819 | €41,681 | +€17,862 | +75.0% |
| Income taxes | 67/77 | €6,679 | €14,043 | +€7,364 | +110.3% |
| Profit (loss) for the period | 9904 | €17,140 | €27,638 | +€10,498 | +61.2% |
| Profit (loss) for the period to be appropriated | 9905 | €17,140 | €27,638 | +€10,498 | +61.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.