AxITra: 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.
AxITra
Largest movements
- Cash -€42,604
down €42,604 (-30.4%), from €140,016 to €97,412
mainly Net result for the year (-€105,076) and Current portion of long-term debt (-€12,672)
- Intangible fixed assets -€30,000
down €30,000 (-50.0%), from €60,000 to €30,000
- Tangible fixed assets -€14,451
down €14,451 (-59.3%), from €24,356 to €9,905
of which Furniture and vehicles: -€10,348
- Reserves -€105,076
down €105,076 (-38.2%), from €274,772 to €169,696
- Tax, wage and social debts +€20,092
up €20,092 (+76.3%), from €26,336 to €46,428
of which Taxes: +€44,848
- Current portion of long-term debt -€12,672
down €12,672 (-98.0%), from €12,934 to €262
- Trade debts +€7,143
up €7,143 (+92.3%), from €7,736 to €14,879
- Write-downs +€113,572
new in 2025: €113,572
- Gross operating margin +€21,109
up €21,109 (+8.5%), from €247,084 to €268,193
- Staff costs -€3,881
down €3,881 (-1.8%), from €219,657 to €215,776
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 | €397,040 | €306,265 | -€90,775 | -22.9% |
| Fixed assets | 21/28 | €84,356 | €39,905 | -€44,451 | -52.7% |
| Intangible fixed assets | 21 | €60,000 | €30,000 | -€30,000 | -50.0% |
| Tangible fixed assets | 22/27 | €24,356 | €9,905 | -€14,451 | -59.3% |
| Furniture and vehicles | 24 | €16,457 | €6,109 | -€10,348 | -62.9% |
| Leasing and similar rights | 25 | €7,299 | €3,796 | -€3,503 | -48.0% |
| Other tangible fixed assets | 26 | €600 | - | -€600 | |
| Current assets | 29/58 | €312,684 | €266,360 | -€46,324 | -14.8% |
| Amounts receivable within one year | 40/41 | €167,998 | €164,363 | -€3,635 | -2.2% |
| Trade receivables | 40 | €146,914 | €159,958 | +€13,044 | +8.9% |
| Other amounts receivable | 41 | €21,084 | €4,405 | -€16,679 | -79.1% |
| Cash at bank and in hand | 54/58 | €140,016 | €97,412 | -€42,604 | -30.4% |
| Deferred charges and accrued income | 490/1 | €4,670 | €4,585 | -€85 | -1.8% |
| Total equity and liabilities | 10/49 | €397,040 | €306,265 | -€90,775 | -22.9% |
| Equity | 10/15 | €349,772 | €244,696 | -€105,076 | -30.0% |
| Contributions | 10/11 | €75,000 | €75,000 | = | 0.0% |
| Reserves | 13 | €274,772 | €169,696 | -€105,076 | -38.2% |
| Distributable reserves | 133 | €274,772 | €169,696 | -€105,076 | -38.2% |
| Amounts payable | 17/49 | €47,268 | €61,569 | +€14,301 | +30.3% |
| Amounts payable after more than one year | 17 | €262 | - | -€262 | |
| Financial debts | 170/4 | €262 | - | -€262 | |
| Amounts payable within one year | 42/48 | €47,006 | €61,569 | +€14,563 | +31.0% |
| Current portion of amounts payable after more than one year | 42 | €12,934 | €262 | -€12,672 | -98.0% |
| Trade debts | 44 | €7,736 | €14,879 | +€7,143 | +92.3% |
| Suppliers | 440/4 | €7,736 | €14,879 | +€7,143 | +92.3% |
| Taxes, remuneration and social security | 45 | €26,336 | €46,428 | +€20,092 | +76.3% |
| Taxes | 450/3 | €1,580 | €46,428 | +€44,848 | +2,838% |
| Remuneration and social security | 454/9 | €24,756 | - | -€24,756 | |
| Remuneration, social security and pensions | 62 | €219,657 | €215,776 | -€3,881 | -1.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €46,217 | €44,451 | -€1,766 | -3.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €113,572 | +€113,572 | |
| Other operating charges | 640/8 | €1,424 | €1,413 | -€11 | -0.8% |
| Gross operating margin | 9900 | €247,084 | €268,193 | +€21,109 | +8.5% |
| Operating profit (loss) | 9901 | -€20,214 | -€107,019 | -€86,805 | -429% |
| Financial income | 75/76B | €398 | €2,864 | +€2,466 | +620% |
| Recurring financial income | 75 | €398 | €2,864 | +€2,466 | +620% |
| Financial charges | 65/66B | €983 | €326 | -€657 | -66.8% |
| Recurring financial charges | 65 | €983 | €326 | -€657 | -66.8% |
| Profit (loss) for the period before taxes | 9903 | -€20,799 | -€104,481 | -€83,682 | -402% |
| Income taxes | 67/77 | €698 | €595 | -€103 | -14.8% |
| Profit (loss) for the period | 9904 | -€21,497 | -€105,076 | -€83,579 | -389% |
| Profit (loss) for the period to be appropriated | 9905 | -€21,497 | -€105,076 | -€83,579 | -389% |
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 17 October 2026 via checked.be.