AXITAM: what changed
Two fiscal 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.
AXITAM
Largest movements
- Tangible fixed assets +€6,642
up €6,642 (+67.5%), from €9,836 to €16,479
of which Other tangible fixed assets: +€6,858
- Receivables within one year -€5,751
down €5,751 (-9.3%), from €61,743 to €55,992
of which Other amounts receivable: -€20,277
- Cash +€1,196
up €1,196 (+28.6%), from €4,176 to €5,371
mainly Net result for the year (+€5,782) and Receivables within one year (+€5,751)
- Tax, wage and social debts -€6,750
down €6,750 (-32.5%), from €20,768 to €14,019
of which Taxes: -€6,550
- Reserves +€5,782
up €5,782 (+21.0%), from €27,577 to €33,359
- Trade debts +€3,632
up €3,632 (+79.6%), from €4,560 to €8,192
- Gross operating margin -€23,331
down €23,331 (-53.0%), from €44,009 to €20,678
- Taxes -€6,482
down €6,482 (-57.6%), from €11,258 to €4,776
- Staff costs -€4,143
down €4,143 (-51.2%), from €8,100 to €3,956
- Depreciation +€2,057
up €2,057 (+153.0%), from €1,344 to €3,401
- Financial charges +€802
up €802 (+53.3%), from €1,505 to €2,307
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €76,273 | €78,937 | +€2,664 | +3.5% |
| Fixed assets | 21/28 | €9,836 | €16,479 | +€6,642 | +67.5% |
| Tangible fixed assets | 22/27 | €9,836 | €16,479 | +€6,642 | +67.5% |
| Furniture and vehicles | 24 | €5,179 | €4,963 | -€216 | -4.2% |
| Other tangible fixed assets | 26 | €4,658 | €11,516 | +€6,858 | +147.2% |
| Current assets | 29/58 | €66,436 | €62,459 | -€3,978 | -6.0% |
| Amounts receivable within one year | 40/41 | €61,743 | €55,992 | -€5,751 | -9.3% |
| Trade receivables | 40 | €13,425 | €27,951 | +€14,526 | +108.2% |
| Other amounts receivable | 41 | €48,318 | €28,041 | -€20,277 | -42.0% |
| Cash at bank and in hand | 54/58 | €4,176 | €5,371 | +€1,196 | +28.6% |
| Deferred charges and accrued income | 490/1 | €518 | €1,095 | +€577 | +111.5% |
| Total equity and liabilities | 10/49 | €76,273 | €78,937 | +€2,664 | +3.5% |
| Equity | 10/15 | €50,944 | €56,727 | +€5,782 | +11.4% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €27,577 | €33,359 | +€5,782 | +21.0% |
| Distributable reserves | 133 | €27,577 | €33,359 | +€5,782 | +21.0% |
| Profit (loss) carried forward | 14 | €4,775 | €4,775 | = | 0.0% |
| Amounts payable | 17/49 | €25,328 | €22,211 | -€3,118 | -12.3% |
| Amounts payable within one year | 42/48 | €25,328 | €22,211 | -€3,118 | -12.3% |
| Trade debts | 44 | €4,560 | €8,192 | +€3,632 | +79.6% |
| Suppliers | 440/4 | €4,560 | €8,192 | +€3,632 | +79.6% |
| Taxes, remuneration and social security | 45 | €20,768 | €14,019 | -€6,750 | -32.5% |
| Taxes | 450/3 | €17,726 | €11,176 | -€6,550 | -37.0% |
| Remuneration and social security | 454/9 | €3,043 | €2,843 | -€200 | -6.6% |
| Remuneration, social security and pensions | 62 | €8,100 | €3,956 | -€4,143 | -51.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,344 | €3,401 | +€2,057 | +153.0% |
| Other operating charges | 640/8 | €384 | €455 | +€71 | +18.4% |
| Gross operating margin | 9900 | €44,009 | €20,678 | -€23,331 | -53.0% |
| Operating profit (loss) | 9901 | €34,181 | €12,865 | -€21,315 | -62.4% |
| Financial income | 75/76B | €223 | - | -€223 | |
| Recurring financial income | 75 | €223 | - | -€223 | |
| Financial charges | 65/66B | €1,505 | €2,307 | +€802 | +53.3% |
| Recurring financial charges | 65 | €1,505 | €2,307 | +€802 | +53.3% |
| Profit (loss) for the period before taxes | 9903 | €32,899 | €10,559 | -€22,341 | -67.9% |
| Income taxes | 67/77 | €11,258 | €4,776 | -€6,482 | -57.6% |
| Profit (loss) for the period | 9904 | €21,641 | €5,782 | -€15,859 | -73.3% |
| Profit (loss) for the period to be appropriated | 9905 | €21,641 | €5,782 | -€15,859 | -73.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.