AXIUM: 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.
AXIUM
Largest movements
- Cash +€265,850
up €265,850 (+766%), from €34,717 to €300,567
mainly Current investments (+€250,000) and Other debts (+€249,966)
- Current investments -€250,000
down €250,000 (-100%), from €250,000 to €0
- Tangible fixed assets -€74,996
down €74,996 (-3.6%), from €2.1m to €2.0m
of which Land and buildings: -€63,139
- Contributions -€350,000
down €350,000 (-53.5%), from €654,780 to €304,780
- Other debts +€249,966
up €249,966 (+161%), from €155,172 to €405,138
- Profit (loss) carried forward +€207,163
up €207,163 (+24.2%), from €857,678 to €1.1m
- Reserves -€128,893
down €128,893 (-17.0%), from €760,177 to €631,285
- Debts after one year -€36,931
down €36,931 (-29.6%), from €124,855 to €87,924
- Gross operating margin +€7,900
up €7,900 (+2.3%), from €350,173 to €358,073
- Other operating charges +€6,177
up €6,177 (+69.3%), from €8,919 to €15,096
- Taxes -€4,462
down €4,462 (-6.6%), from €67,625 to €63,163
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 | €2,694,983 | €2,634,961 | -€60,021 | -2.2% |
| Fixed assets | 21/28 | €2,096,751 | €2,021,755 | -€74,996 | -3.6% |
| Tangible fixed assets | 22/27 | €2,095,687 | €2,020,691 | -€74,996 | -3.6% |
| Land and buildings | 22 | €2,045,882 | €1,982,743 | -€63,139 | -3.1% |
| Plant, machinery and equipment | 23 | €5,171 | €10,152 | +€4,981 | +96.3% |
| Furniture and vehicles | 24 | €44,634 | €27,795 | -€16,839 | -37.7% |
| Financial fixed assets | 28 | €1,064 | €1,064 | = | 0.0% |
| Current assets | 29/58 | €598,231 | €613,207 | +€14,975 | +2.5% |
| Amounts receivable after more than one year | 29 | €260,500 | €260,500 | = | 0.0% |
| Other amounts receivable | 291 | €260,500 | €260,500 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €39,114 | €34,298 | -€4,816 | -12.3% |
| Trade receivables | 40 | €39,114 | €34,298 | -€4,816 | -12.3% |
| Current investments | 50/53 | €250,000 | €0 | -€250,000 | -100% |
| Cash at bank and in hand | 54/58 | €34,717 | €300,567 | +€265,850 | +766% |
| Deferred charges and accrued income | 490/1 | €13,900 | €17,841 | +€3,941 | +28.4% |
| Total equity and liabilities | 10/49 | €2,694,983 | €2,634,961 | -€60,021 | -2.2% |
| Equity | 10/15 | €2,272,636 | €2,000,907 | -€271,729 | -12.0% |
| Contributions | 10/11 | €654,780 | €304,780 | -€350,000 | -53.5% |
| Reserves | 13 | €760,177 | €631,285 | -€128,893 | -17.0% |
| Distributable reserves | 133 | €760,177 | €631,285 | -€128,893 | -17.0% |
| Profit (loss) carried forward | 14 | €857,678 | €1,064,842 | +€207,163 | +24.2% |
| Provisions and deferred taxes | 16 | €63,957 | €63,957 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €63,957 | €63,957 | = | 0.0% |
| Pensions and similar obligations | 160 | €58,957 | €58,957 | = | 0.0% |
| Major repairs and maintenance | 162 | €5,000 | €5,000 | = | 0.0% |
| Amounts payable | 17/49 | €358,390 | €570,098 | +€211,708 | +59.1% |
| Amounts payable after more than one year | 17 | €124,855 | €87,924 | -€36,931 | -29.6% |
| Financial debts | 170/4 | €124,855 | €87,924 | -€36,931 | -29.6% |
| Amounts payable within one year | 42/48 | €233,535 | €482,175 | +€248,639 | +106% |
| Current portion of amounts payable after more than one year | 42 | €36,488 | €36,931 | +€443 | +1.2% |
| Trade debts | 44 | €4,100 | €7,093 | +€2,993 | +73.0% |
| Suppliers | 440/4 | €4,100 | €7,093 | +€2,993 | +73.0% |
| Taxes, remuneration and social security | 45 | €37,776 | €33,013 | -€4,763 | -12.6% |
| Taxes | 450/3 | €37,776 | €33,013 | -€4,763 | -12.6% |
| Other amounts payable | 47/48 | €155,172 | €405,138 | +€249,966 | +161% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €86,773 | €83,736 | -€3,037 | -3.5% |
| Other operating charges | 640/8 | €8,919 | €15,096 | +€6,177 | +69.3% |
| Non-recurring operating charges | 66A | €81 | €76 | -€6 | -7.0% |
| Gross operating margin | 9900 | €350,173 | €358,073 | +€7,900 | +2.3% |
| Operating profit (loss) | 9901 | €254,400 | €259,165 | +€4,766 | +1.9% |
| Financial income | 75/76B | €11,437 | €13,467 | +€2,031 | +17.8% |
| Recurring financial income | 75 | €11,437 | €13,467 | +€2,031 | +17.8% |
| Financial charges | 65/66B | €2,643 | €2,306 | -€338 | -12.8% |
| Recurring financial charges | 65 | €2,643 | €2,306 | -€338 | -12.8% |
| Profit (loss) for the period before taxes | 9903 | €263,193 | €270,327 | +€7,134 | +2.7% |
| Income taxes | 67/77 | €67,625 | €63,163 | -€4,462 | -6.6% |
| Profit (loss) for the period | 9904 | €195,568 | €207,163 | +€11,596 | +5.9% |
| Profit (loss) for the period to be appropriated | 9905 | €195,568 | €207,163 | +€11,596 | +5.9% |
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 23 October 2026 via checked.be.