Axis Real Estate: what changed
Axis Real Estate
Largest movements
- Receivables within one year -€17,005
down €17,005 (-31.7%), from €53,598 to €36,593
- Tangible fixed assets -€15,605
down €15,605 (-4.5%), from €343,074 to €327,470
- Cash +€4,102
up €4,102 (+734%), from €559 to €4,661
mainly Receivables within one year (+€17,005) and Depreciation (+€15,605)
- Debts after one year -€35,546
down €35,546 (-13.3%), from €266,876 to €231,330
- Profit (loss) carried forward +€8,402
up €8,402 (+19.3%), from €43,502 to €51,904
- Tax, wage and social debts -€5,210
down €5,210 (-63.2%), from €8,243 to €3,033
- Gross operating margin +€5,746
up €5,746 (+18.0%), from €31,856 to €37,601
- Other operating charges +€3,966
new in 2025: €3,966
- Financial charges +€2,108
up €2,108 (+44.9%), from €4,700 to €6,808
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €397,231 | €368,724 | -€28,507 | -7.2% |
| Fixed assets | 21/28 | €343,074 | €327,470 | -€15,605 | -4.5% |
| Tangible fixed assets | 22/27 | €343,074 | €327,470 | -€15,605 | -4.5% |
| Land and buildings | 22 | €343,074 | €327,470 | -€15,605 | -4.5% |
| Current assets | 29/58 | €54,157 | €41,254 | -€12,903 | -23.8% |
| Amounts receivable within one year | 40/41 | €53,598 | €36,593 | -€17,005 | -31.7% |
| Other amounts receivable | 41 | €53,598 | €36,593 | -€17,005 | -31.7% |
| Cash at bank and in hand | 54/58 | €559 | €4,661 | +€4,102 | +734% |
| Total equity and liabilities | 10/49 | €397,231 | €368,724 | -€28,507 | -7.2% |
| Equity | 10/15 | €49,702 | €58,104 | +€8,402 | +16.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €43,502 | €51,904 | +€8,402 | +19.3% |
| Amounts payable | 17/49 | €347,529 | €310,620 | -€36,909 | -10.6% |
| Amounts payable after more than one year | 17 | €266,876 | €231,330 | -€35,546 | -13.3% |
| Financial debts | 170/4 | €266,876 | €231,330 | -€35,546 | -13.3% |
| Amounts payable within one year | 42/48 | €80,653 | €79,290 | -€1,363 | -1.7% |
| Current portion of amounts payable after more than one year | 42 | €32,213 | €35,546 | +€3,333 | +10.3% |
| Trade debts | 44 | - | €514 | +€514 | |
| Suppliers | 440/4 | - | €514 | +€514 | |
| Taxes, remuneration and social security | 45 | €8,243 | €3,033 | -€5,210 | -63.2% |
| Taxes | 450/3 | €8,243 | €3,033 | -€5,210 | -63.2% |
| Other amounts payable | 47/48 | €40,197 | €40,197 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,605 | €15,605 | = | 0.0% |
| Other operating charges | 640/8 | - | €3,966 | +€3,966 | |
| Gross operating margin | 9900 | €31,856 | €37,601 | +€5,746 | +18.0% |
| Operating profit (loss) | 9901 | €16,251 | €18,030 | +€1,779 | +10.9% |
| Financial charges | 65/66B | €4,700 | €6,808 | +€2,108 | +44.9% |
| Recurring financial charges | 65 | €4,700 | €6,808 | +€2,108 | +44.9% |
| Profit (loss) for the period before taxes | 9903 | €11,551 | €11,223 | -€329 | -2.8% |
| Income taxes | 67/77 | €3,148 | €2,821 | -€327 | -10.4% |
| Profit (loss) for the period | 9904 | €8,404 | €8,402 | -€2 | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €8,404 | €8,402 | -€2 | 0.0% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.