AXIS PARTNERS: 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 PARTNERS
Largest movements
- Receivables within one year +€39,062
up €39,062 (+71.8%), from €54,385 to €93,447
of which Trade receivables: +€39,241
- Cash +€37,554
up €37,554 (+478.0%), from €7,856 to €45,410
mainly Trade debts (+€87,844) and Tax, wage and social debts (+€14,180)
- Trade debts +€87,844
up €87,844 (+582.6%), from €15,077 to €102,921
- Other debts -€29,405
no longer reported in 2025 (was €29,405)
- Tax, wage and social debts +€14,180
up €14,180 (+398.8%), from €3,556 to €17,736
of which Taxes: +€17,736
- Profit (loss) carried forward +€11,735
up €11,735 (+106.3%), from €11,040 to €22,775
- Debts after one year -€8,601
down €8,601 (-79.6%), from €10,809 to €2,208
- Gross operating margin +€23,310
up €23,310 (+59.6%), from €39,140 to €62,449
- Staff costs +€10,886
up €10,886 (+40.3%), from €27,040 to €37,926
- Taxes +€4,783
new in 2025: €4,783
- Depreciation +€2,806
up €2,806 (+74.1%), from €3,788 to €6,594
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.
Cash bridge derived
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 | €86,188 | €162,301 | +€76,113 | +88.3% |
| Fixed assets | 21/28 | €23,814 | €22,761 | -€1,053 | -4.4% |
| Tangible fixed assets | 22/27 | €23,814 | €22,761 | -€1,053 | -4.4% |
| Furniture and vehicles | 24 | €23,814 | €22,761 | -€1,053 | -4.4% |
| Current assets | 29/58 | €62,374 | €139,540 | +€77,166 | +123.7% |
| Amounts receivable within one year | 40/41 | €54,385 | €93,447 | +€39,062 | +71.8% |
| Trade receivables | 40 | €54,207 | €93,447 | +€39,241 | +72.4% |
| Other amounts receivable | 41 | €179 | - | -€179 | |
| Cash at bank and in hand | 54/58 | €7,856 | €45,410 | +€37,554 | +478.0% |
| Deferred charges and accrued income | 490/1 | €133 | €683 | +€550 | +415.1% |
| Total equity and liabilities | 10/49 | €86,188 | €162,301 | +€76,113 | +88.3% |
| Equity | 10/15 | €19,100 | €30,835 | +€11,735 | +61.4% |
| Contributions | 10/11 | €8,060 | €8,060 | = | 0.0% |
| Profit (loss) carried forward | 14 | €11,040 | €22,775 | +€11,735 | +106.3% |
| Amounts payable | 17/49 | €67,088 | €131,466 | +€64,378 | +96.0% |
| Amounts payable after more than one year | 17 | €10,809 | €2,208 | -€8,601 | -79.6% |
| Financial debts | 170/4 | €10,809 | €2,208 | -€8,601 | -79.6% |
| Amounts payable within one year | 42/48 | €56,278 | €129,258 | +€72,980 | +129.7% |
| Current portion of amounts payable after more than one year | 42 | €8,241 | €8,601 | +€360 | +4.4% |
| Trade debts | 44 | €15,077 | €102,921 | +€87,844 | +582.6% |
| Suppliers | 440/4 | €15,077 | €102,921 | +€87,844 | +582.6% |
| Taxes, remuneration and social security | 45 | €3,556 | €17,736 | +€14,180 | +398.8% |
| Taxes | 450/3 | - | €17,736 | +€17,736 | |
| Remuneration and social security | 454/9 | €3,556 | - | -€3,556 | |
| Other amounts payable | 47/48 | €29,405 | - | -€29,405 | |
| Remuneration, social security and pensions | 62 | €27,040 | €37,926 | +€10,886 | +40.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,788 | €6,594 | +€2,806 | +74.1% |
| Other operating charges | 640/8 | €387 | €548 | +€161 | +41.6% |
| Gross operating margin | 9900 | €39,140 | €62,449 | +€23,310 | +59.6% |
| Operating profit (loss) | 9901 | €7,924 | €17,381 | +€9,457 | +119.3% |
| Financial income | 75/76B | €34 | - | -€34 | |
| Recurring financial income | 75 | €34 | - | -€34 | |
| Financial charges | 65/66B | €1,166 | €865 | -€301 | -25.8% |
| Recurring financial charges | 65 | €1,166 | €865 | -€301 | -25.8% |
| Profit (loss) for the period before taxes | 9903 | €6,793 | €16,517 | +€9,724 | +143.2% |
| Income taxes | 67/77 | - | €4,783 | +€4,783 | |
| Profit (loss) for the period | 9904 | €6,793 | €11,734 | +€4,941 | +72.7% |
| Profit (loss) for the period to be appropriated | 9905 | €6,793 | €11,734 | +€4,941 | +72.7% |
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 10 October 2026 via checked.be.