AXIX & PARTNERS: 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.
AXIX & PARTNERS
Largest movements
- Receivables within one year -€20,401
down €20,401 (-49.6%), from €41,164 to €20,763
of which Trade receivables: -€21,652
- Cash -€7,310
down €7,310 (-12.5%), from €58,667 to €51,358
mainly Tax, wage and social debts (-€20,244) and Other debts (-€4,852)
- Tangible fixed assets +€2,472
up €2,472 (+47.8%), from €5,173 to €7,644
of which Other tangible fixed assets: +€2,361
- Tax, wage and social debts -€20,244
no longer reported in 2025 (was €20,244)
- Other debts -€4,852
down €4,852 (-37.1%), from €13,074 to €8,223
- Gross operating margin -€58,842
down €58,842 (-92.2%), from €63,850 to €5,009
- Taxes -€15,599
down €15,599, from €15,570 to -€28
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 | €105,004 | €79,765 | -€25,239 | -24.0% |
| Fixed assets | 21/28 | €5,173 | €7,644 | +€2,472 | +47.8% |
| Tangible fixed assets | 22/27 | €5,173 | €7,644 | +€2,472 | +47.8% |
| Furniture and vehicles | 24 | €3,187 | €3,298 | +€111 | +3.5% |
| Other tangible fixed assets | 26 | €1,986 | €4,347 | +€2,361 | +119% |
| Current assets | 29/58 | €99,831 | €72,120 | -€27,711 | -27.8% |
| Amounts receivable within one year | 40/41 | €41,164 | €20,763 | -€20,401 | -49.6% |
| Trade receivables | 40 | €32,851 | €11,199 | -€21,652 | -65.9% |
| Other amounts receivable | 41 | €8,313 | €9,564 | +€1,251 | +15.1% |
| Cash at bank and in hand | 54/58 | €58,667 | €51,358 | -€7,310 | -12.5% |
| Total equity and liabilities | 10/49 | €105,004 | €79,765 | -€25,239 | -24.0% |
| Equity | 10/15 | €71,505 | €71,542 | +€37 | +0.1% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €69,505 | €69,542 | +€37 | +0.1% |
| Amounts payable | 17/49 | €33,499 | €8,223 | -€25,276 | -75.5% |
| Amounts payable within one year | 42/48 | €33,499 | €8,223 | -€25,276 | -75.5% |
| Trade debts | 44 | €181 | - | -€181 | |
| Suppliers | 440/4 | €181 | - | -€181 | |
| Taxes, remuneration and social security | 45 | €20,244 | - | -€20,244 | |
| Taxes | 450/3 | €20,244 | - | -€20,244 | |
| Other amounts payable | 47/48 | €13,074 | €8,223 | -€4,852 | -37.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,684 | €1,934 | +€250 | +14.9% |
| Other operating charges | 640/8 | €348 | €574 | +€225 | +64.7% |
| Gross operating margin | 9900 | €63,850 | €5,009 | -€58,842 | -92.2% |
| Operating profit (loss) | 9901 | €61,818 | €2,501 | -€59,317 | -96.0% |
| Financial income | 75/76B | €104 | €231 | +€127 | +122% |
| Recurring financial income | 75 | €104 | €231 | +€127 | +122% |
| Financial charges | 65/66B | €3,182 | €2,722 | -€460 | -14.5% |
| Recurring financial charges | 65 | €3,182 | €2,722 | -€460 | -14.5% |
| Profit (loss) for the period before taxes | 9903 | €58,740 | €9 | -€58,731 | -100.0% |
| Income taxes | 67/77 | €15,570 | -€28 | -€15,599 | |
| Profit (loss) for the period | 9904 | €43,169 | €37 | -€43,132 | -99.9% |
| Profit (loss) for the period to be appropriated | 9905 | €43,169 | €37 | -€43,132 | -99.9% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.