AXLA: what changed
AXLA
Largest movements
- Cash +€54,932
up €54,932 (+20.3%), from €270,769 to €325,701
mainly Net result for the year (+€130,325) and Other debts (+€120,811)
- Receivables within one year -€13,944
down €13,944 (-16.6%), from €83,849 to €69,905
of which Other amounts receivable: -€15,038
- Current investments +€12,000
up €12,000 (+135%), from €8,882 to €20,882
- Other debts +€120,811
up €120,811 (+173%), from €70,000 to €190,811
- Reserves -€69,675
down €69,675 (-26.6%), from €262,411 to €192,736
of which Distributable reserves: -€69,675
- Gross operating margin -€9,752
down €9,752 (-5.2%), from €188,176 to €178,424
- Taxes -€2,855
down €2,855 (-6.2%), from €46,153 to €43,298
- Financial charges +€2,730
up €2,730 (+287%), from €952 to €3,682
- Financial income -€2,617
down €2,617 (-77.0%), from €3,398 to €781
Change in the result, 2025 to 2026
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2025 and 2026 balance sheets and the 2026 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €371,605 | €422,482 | +€50,877 | +13.7% |
| Fixed assets | 21/28 | €345 | €0 | -€345 | -100% |
| Tangible fixed assets | 22/27 | €345 | €0 | -€345 | -100% |
| Furniture and vehicles | 24 | €345 | €0 | -€345 | -100% |
| Current assets | 29/58 | €371,260 | €422,482 | +€51,222 | +13.8% |
| Amounts receivable within one year | 40/41 | €83,849 | €69,905 | -€13,944 | -16.6% |
| Trade receivables | 40 | €66,863 | €67,957 | +€1,094 | +1.6% |
| Other amounts receivable | 41 | €16,986 | €1,948 | -€15,038 | -88.5% |
| Current investments | 50/53 | €8,882 | €20,882 | +€12,000 | +135% |
| Cash at bank and in hand | 54/58 | €270,769 | €325,701 | +€54,932 | +20.3% |
| Deferred charges and accrued income | 490/1 | €7,761 | €5,994 | -€1,767 | -22.8% |
| Total equity and liabilities | 10/49 | €371,605 | €422,482 | +€50,877 | +13.7% |
| Equity | 10/15 | €282,411 | €212,736 | -€69,675 | -24.7% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €262,411 | €192,736 | -€69,675 | -26.6% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €262,411 | €192,736 | -€69,675 | -26.6% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €89,195 | €209,746 | +€120,552 | +135% |
| Amounts payable within one year | 42/48 | €89,195 | €206,744 | +€117,549 | +132% |
| Trade debts | 44 | €3,793 | €476 | -€3,318 | -87.5% |
| Suppliers | 440/4 | €3,793 | €476 | -€3,318 | -87.5% |
| Taxes, remuneration and social security | 45 | €15,401 | €15,457 | +€56 | +0.4% |
| Taxes | 450/3 | €9,776 | €9,653 | -€123 | -1.3% |
| Remuneration and social security | 454/9 | €5,625 | €5,804 | +€179 | +3.2% |
| Other amounts payable | 47/48 | €70,000 | €190,811 | +€120,811 | +173% |
| Accrued charges and deferred income | 492/3 | - | €3,002 | +€3,002 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,823 | €345 | -€1,478 | -81.1% |
| Other operating charges | 640/8 | €1,697 | €1,554 | -€143 | -8.4% |
| Gross operating margin | 9900 | €188,176 | €178,424 | -€9,752 | -5.2% |
| Operating profit (loss) | 9901 | €184,656 | €176,525 | -€8,131 | -4.4% |
| Financial income | 75/76B | €3,398 | €781 | -€2,617 | -77.0% |
| Recurring financial income | 75 | €3,398 | €781 | -€2,617 | -77.0% |
| Financial charges | 65/66B | €952 | €3,682 | +€2,730 | +287% |
| Recurring financial charges | 65 | €952 | €3,682 | +€2,730 | +287% |
| Profit (loss) for the period before taxes | 9903 | €187,102 | €173,624 | -€13,478 | -7.2% |
| Income taxes | 67/77 | €46,153 | €43,298 | -€2,855 | -6.2% |
| Profit (loss) for the period | 9904 | €140,949 | €130,325 | -€10,624 | -7.5% |
| Profit (loss) for the period to be appropriated | 9905 | €140,949 | €130,325 | -€10,624 | -7.5% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 January 2025 and 31 January 2026. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.