AXITO: 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.
AXITO
Largest movements
- Tangible fixed assets -€16,895
down €16,895 (-16.8%), from €100,746 to €83,851
- Receivables within one year +€9,534
up €9,534 (+9.4%), from €101,310 to €110,844
of which Trade receivables: +€9,264
- Cash +€5,635
up €5,635 (+14.9%), from €37,892 to €43,526
mainly Depreciation (+€19,349) and Trade debts (+€10,258)
- Tax, wage and social debts -€20,934
down €20,934 (-33.8%), from €61,984 to €41,050
of which Taxes: -€12,470
- Trade debts +€10,258
up €10,258 (+2,579%), from €398 to €10,656
- Profit (loss) carried forward +€5,610
up €5,610 (+4.2%), from €133,142 to €138,753
- Staff costs -€57,446
down €57,446 (-26.7%), from €215,381 to €157,934
- Gross operating margin -€13,583
down €13,583 (-6.9%), from €197,394 to €183,811
- Financial income -€5,924
down €5,924 (-56.1%), from €10,566 to €4,643
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 | €317,643 | €313,439 | -€4,204 | -1.3% |
| Fixed assets | 21/28 | €108,158 | €88,809 | -€19,349 | -17.9% |
| Intangible fixed assets | 21 | €7,412 | €4,958 | -€2,454 | -33.1% |
| Tangible fixed assets | 22/27 | €100,746 | €83,851 | -€16,895 | -16.8% |
| Land and buildings | 22 | €83,029 | €76,690 | -€6,339 | -7.6% |
| Plant, machinery and equipment | 23 | €6,246 | €3,799 | -€2,447 | -39.2% |
| Furniture and vehicles | 24 | €8,628 | €978 | -€7,650 | -88.7% |
| Other tangible fixed assets | 26 | €2,842 | €2,384 | -€458 | -16.1% |
| Current assets | 29/58 | €209,485 | €224,630 | +€15,145 | +7.2% |
| Stocks and contracts in progress | 3 | €331 | €308 | -€24 | -7.2% |
| Stocks | 30/36 | €331 | €308 | -€24 | -7.2% |
| Amounts receivable within one year | 40/41 | €101,310 | €110,844 | +€9,534 | +9.4% |
| Trade receivables | 40 | €97,975 | €107,238 | +€9,264 | +9.5% |
| Other amounts receivable | 41 | €3,335 | €3,605 | +€270 | +8.1% |
| Current investments | 50/53 | €54,226 | €54,226 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €37,892 | €43,526 | +€5,635 | +14.9% |
| Deferred charges and accrued income | 490/1 | €15,727 | €15,727 | = | 0.0% |
| Total equity and liabilities | 10/49 | €317,643 | €313,439 | -€4,204 | -1.3% |
| Equity | 10/15 | €239,640 | €245,250 | +€5,610 | +2.3% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €86,498 | €86,498 | = | 0.0% |
| Distributable reserves | 133 | €86,498 | €86,498 | = | 0.0% |
| Profit (loss) carried forward | 14 | €133,142 | €138,753 | +€5,610 | +4.2% |
| Amounts payable | 17/49 | €78,003 | €68,188 | -€9,814 | -12.6% |
| Amounts payable within one year | 42/48 | €78,003 | €68,188 | -€9,814 | -12.6% |
| Trade debts | 44 | €398 | €10,656 | +€10,258 | +2,579% |
| Suppliers | 440/4 | €398 | €10,656 | +€10,258 | +2,579% |
| Taxes, remuneration and social security | 45 | €61,984 | €41,050 | -€20,934 | -33.8% |
| Taxes | 450/3 | €18,709 | €6,238 | -€12,470 | -66.7% |
| Remuneration and social security | 454/9 | €43,276 | €34,812 | -€8,464 | -19.6% |
| Other amounts payable | 47/48 | €15,621 | €16,482 | +€861 | +5.5% |
| Non-recurring operating income | 76A | - | €913 | +€913 | |
| Remuneration, social security and pensions | 62 | €215,381 | €157,934 | -€57,446 | -26.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,842 | €19,349 | -€1,493 | -7.2% |
| Other operating charges | 640/8 | €5,100 | €5,057 | -€43 | -0.8% |
| Gross operating margin | 9900 | €197,394 | €183,811 | -€13,583 | -6.9% |
| Operating profit (loss) | 9901 | -€43,929 | €1,470 | +€45,399 | |
| Financial income | 75/76B | €10,566 | €4,643 | -€5,924 | -56.1% |
| Recurring financial income | 75 | €10,566 | €4,643 | -€5,924 | -56.1% |
| Financial charges | 65/66B | -€3 | €156 | +€159 | |
| Recurring financial charges | 65 | -€3 | €156 | +€159 | |
| Profit (loss) for the period before taxes | 9903 | -€33,359 | €5,957 | +€39,317 | |
| Income taxes | 67/77 | €569 | €347 | -€222 | -38.9% |
| Profit (loss) for the period | 9904 | -€33,928 | €5,610 | +€39,538 | |
| Profit (loss) for the period to be appropriated | 9905 | -€33,928 | €5,610 | +€39,538 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.