AXMETAL: 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.
AXMETAL
Largest movements
- Tangible fixed assets -€17,839
down €17,839 (-28.5%), from €62,526 to €44,687
of which Leasing and similar rights: -€10,802
- Receivables within one year -€7,071
down €7,071 (-11.4%), from €61,923 to €54,852
of which Trade receivables: -€13,132
- Trade debts -€23,213
down €23,213 (-76.1%), from €30,506 to €7,293
- Debts after one year -€22,812
down €22,812 (-50.6%), from €45,062 to €22,250
- Profit (loss) carried forward +€14,090
up €14,090 (+57.9%), from €24,335 to €38,425
- Current portion of long-term debt +€4,038
up €4,038 (+30.0%), from €13,459 to €17,497
- Tax, wage and social debts +€3,360
up €3,360 (+1,494%), from €225 to €3,585
- Gross operating margin +€37,233
up €37,233 (+547%), from €6,805 to €44,038
- Taxes +€4,087
new in 2025: €4,087
- Depreciation +€1,844
up €1,844 (+9.3%), from €19,746 to €21,590
- Other operating charges +€793
up €793 (+198%), from €401 to €1,194
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €124,450 | €99,539 | -€24,911 | -20.0% |
| Fixed assets | 21/28 | €62,526 | €44,687 | -€17,839 | -28.5% |
| Tangible fixed assets | 22/27 | €62,526 | €44,687 | -€17,839 | -28.5% |
| Plant, machinery and equipment | 23 | €500 | €958 | +€458 | +91.6% |
| Furniture and vehicles | 24 | €36,049 | €28,554 | -€7,495 | -20.8% |
| Leasing and similar rights | 25 | €25,977 | €15,175 | -€10,802 | -41.6% |
| Current assets | 29/58 | €61,923 | €54,852 | -€7,071 | -11.4% |
| Amounts receivable within one year | 40/41 | €61,923 | €54,852 | -€7,071 | -11.4% |
| Trade receivables | 40 | €54,358 | €41,225 | -€13,132 | -24.2% |
| Other amounts receivable | 41 | €7,566 | €13,627 | +€6,061 | +80.1% |
| Total equity and liabilities | 10/49 | €124,450 | €99,539 | -€24,911 | -20.0% |
| Equity | 10/15 | €25,335 | €39,425 | +€14,090 | +55.6% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €24,335 | €38,425 | +€14,090 | +57.9% |
| Amounts payable | 17/49 | €99,114 | €60,114 | -€39,000 | -39.3% |
| Amounts payable after more than one year | 17 | €45,062 | €22,250 | -€22,812 | -50.6% |
| Financial debts | 170/4 | €45,062 | €22,250 | -€22,812 | -50.6% |
| Amounts payable within one year | 42/48 | €54,052 | €37,864 | -€16,188 | -29.9% |
| Current portion of amounts payable after more than one year | 42 | €13,459 | €17,497 | +€4,038 | +30.0% |
| Financial debts | 43 | €9,862 | €9,489 | -€373 | -3.8% |
| Credit institutions | 430/8 | €9,862 | €9,489 | -€373 | -3.8% |
| Trade debts | 44 | €30,506 | €7,293 | -€23,213 | -76.1% |
| Suppliers | 440/4 | €30,506 | €7,293 | -€23,213 | -76.1% |
| Taxes, remuneration and social security | 45 | €225 | €3,585 | +€3,360 | +1,494% |
| Taxes | 450/3 | €225 | €3,585 | +€3,360 | +1,494% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,746 | €21,590 | +€1,844 | +9.3% |
| Other operating charges | 640/8 | €401 | €1,194 | +€793 | +198% |
| Gross operating margin | 9900 | €6,805 | €44,038 | +€37,233 | +547% |
| Operating profit (loss) | 9901 | -€13,342 | €21,254 | +€34,596 | |
| Financial charges | 65/66B | €2,807 | €3,078 | +€270 | +9.6% |
| Recurring financial charges | 65 | €2,807 | €3,078 | +€270 | +9.6% |
| Profit (loss) for the period before taxes | 9903 | -€16,149 | €18,176 | +€34,326 | |
| Income taxes | 67/77 | - | €4,087 | +€4,087 | |
| Profit (loss) for the period | 9904 | -€16,149 | €14,090 | +€30,239 | |
| Profit (loss) for the period to be appropriated | 9905 | -€16,149 | €14,090 | +€30,239 |
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 16 October 2026 via checked.be.