AXITRANS: 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.
AXITRANS
Largest movements
- Receivables within one year -€18,832
down €18,832 (-17.7%), from €106,362 to €87,530
of which Trade receivables: -€15,188
- Tangible fixed assets -€14,207
down €14,207 (-49.5%), from €28,703 to €14,496
of which Leasing and similar rights: -€17,186
- Deferred charges and accrued income -€13,344
down €13,344 (-85.4%), from €15,622 to €2,278
- Other debts -€35,366
down €35,366 (-100.0%), from €35,366 to €0
- Reserves +€29,586
up €29,586 (+481.1%), from €6,150 to €35,736
of which Distributable reserves: +€29,586
- Tax, wage and social debts -€20,399
down €20,399 (-22.5%), from €90,826 to €70,427
of which Taxes: -€21,825
- Current portion of long-term debt -€18,953
down €18,953 (-100.0%), from €18,953 to €0
- Trade debts -€2,775
down €2,775 (-11.0%), from €25,248 to €22,473
- Gross operating margin -€39,871
down €39,871 (-13.1%), from €304,373 to €264,502
- Depreciation -€18,904
down €18,904 (-55.0%), from €34,361 to €15,457
- Staff costs +€6,951
up €6,951 (+3.5%), from €196,602 to €203,553
- Taxes -€4,559
down €4,559 (-33.6%), from €13,551 to €8,992
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 | €238,043 | €190,136 | -€47,907 | -20.1% |
| Fixed assets | 21/28 | €28,703 | €14,631 | -€14,072 | -49.0% |
| Tangible fixed assets | 22/27 | €28,703 | €14,496 | -€14,207 | -49.5% |
| Land and buildings | 22 | €11,517 | €10,628 | -€889 | -7.7% |
| Furniture and vehicles | 24 | €0 | €3,868 | +€3,868 | |
| Leasing and similar rights | 25 | €17,186 | €0 | -€17,186 | -100.0% |
| Financial fixed assets | 28 | - | €135 | +€135 | |
| Current assets | 29/58 | €209,340 | €175,505 | -€33,835 | -16.2% |
| Amounts receivable within one year | 40/41 | €106,362 | €87,530 | -€18,832 | -17.7% |
| Trade receivables | 40 | €102,681 | €87,493 | -€15,188 | -14.8% |
| Other amounts receivable | 41 | €3,682 | €37 | -€3,645 | -99.0% |
| Cash at bank and in hand | 54/58 | €87,355 | €85,697 | -€1,658 | -1.9% |
| Deferred charges and accrued income | 490/1 | €15,622 | €2,278 | -€13,344 | -85.4% |
| Total equity and liabilities | 10/49 | €238,043 | €190,136 | -€47,907 | -20.1% |
| Equity | 10/15 | €67,650 | €97,236 | +€29,586 | +43.7% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €6,150 | €35,736 | +€29,586 | +481.1% |
| Non-distributable reserves | 130/1 | €6,150 | €6,150 | = | 0.0% |
| Legal reserve | 130 | €6,150 | €6,150 | = | 0.0% |
| Distributable reserves | 133 | - | €29,586 | +€29,586 | |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €170,393 | €92,900 | -€77,493 | -45.5% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €170,393 | €92,900 | -€77,493 | -45.5% |
| Current portion of amounts payable after more than one year | 42 | €18,953 | €0 | -€18,953 | -100.0% |
| Trade debts | 44 | €25,248 | €22,473 | -€2,775 | -11.0% |
| Suppliers | 440/4 | €25,248 | €22,473 | -€2,775 | -11.0% |
| Taxes, remuneration and social security | 45 | €90,826 | €70,427 | -€20,399 | -22.5% |
| Taxes | 450/3 | €74,333 | €52,508 | -€21,825 | -29.4% |
| Remuneration and social security | 454/9 | €16,493 | €17,919 | +€1,425 | +8.6% |
| Other amounts payable | 47/48 | €35,366 | €0 | -€35,366 | -100.0% |
| Non-recurring operating income | 76A | €15,905 | €0 | -€15,905 | -100.0% |
| Remuneration, social security and pensions | 62 | €196,602 | €203,553 | +€6,951 | +3.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,361 | €15,457 | -€18,904 | -55.0% |
| Other operating charges | 640/8 | €5,299 | €4,326 | -€973 | -18.4% |
| Gross operating margin | 9900 | €304,373 | €264,502 | -€39,871 | -13.1% |
| Operating profit (loss) | 9901 | €68,111 | €41,166 | -€26,945 | -39.6% |
| Financial income | 75/76B | €48 | €0 | -€48 | -100.0% |
| Recurring financial income | 75 | €48 | €0 | -€48 | -100.0% |
| Financial charges | 65/66B | €4,086 | €2,588 | -€1,497 | -36.6% |
| Recurring financial charges | 65 | €4,086 | €2,588 | -€1,497 | -36.6% |
| Profit (loss) for the period before taxes | 9903 | €64,074 | €38,577 | -€25,496 | -39.8% |
| Income taxes | 67/77 | €13,551 | €8,992 | -€4,559 | -33.6% |
| Profit (loss) for the period | 9904 | €50,522 | €29,586 | -€20,937 | -41.4% |
| Profit (loss) for the period to be appropriated | 9905 | €50,522 | €29,586 | -€20,937 | -41.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.