AXOFLORE: 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.
AXOFLORE
Largest movements
- Cash +€6,915
up €6,915 (+23.6%), from €29,335 to €36,251
mainly Receivables within one year (+€3,861) and Depreciation (+€3,576)
- Receivables within one year -€3,861
down €3,861 (-22.9%), from €16,832 to €12,971
of which Other amounts receivable: -€4,529
- Tangible fixed assets -€3,576
down €3,576 (-32.7%), from €10,945 to €7,369
- Stocks and contracts -€812
down €812 (-42.5%), from €1,913 to €1,100
- Tax, wage and social debts -€2,812
down €2,812 (-85.7%), from €3,281 to €469
- Reserves +€1,271
up €1,271 (+3.5%), from €35,916 to €37,187
of which Distributable reserves: +€1,271
- Trade debts +€642
up €642 (+236.3%), from €272 to €914
- Other operating charges +€2,256
up €2,256 (+657.4%), from €343 to €2,599
- Taxes -€1,121
down €1,121, from €1,114 to -€7
- Gross operating margin +€251
up €251 (+3.3%), from €7,631 to €7,882
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 | €59,025 | €57,691 | -€1,334 | -2.3% |
| Fixed assets | 21/28 | €10,945 | €7,369 | -€3,576 | -32.7% |
| Tangible fixed assets | 22/27 | €10,945 | €7,369 | -€3,576 | -32.7% |
| Plant, machinery and equipment | 23 | €10,945 | €7,369 | -€3,576 | -32.7% |
| Current assets | 29/58 | €48,080 | €50,322 | +€2,242 | +4.7% |
| Stocks and contracts in progress | 3 | €1,913 | €1,100 | -€812 | -42.5% |
| Stocks | 30/36 | €1,913 | €1,100 | -€812 | -42.5% |
| Amounts receivable within one year | 40/41 | €16,832 | €12,971 | -€3,861 | -22.9% |
| Trade receivables | 40 | €10,852 | €11,520 | +€668 | +6.2% |
| Other amounts receivable | 41 | €5,980 | €1,450 | -€4,529 | -75.7% |
| Cash at bank and in hand | 54/58 | €29,335 | €36,251 | +€6,915 | +23.6% |
| Total equity and liabilities | 10/49 | €59,025 | €57,691 | -€1,334 | -2.3% |
| Equity | 10/15 | €54,508 | €55,779 | +€1,271 | +2.3% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €35,916 | €37,187 | +€1,271 | +3.5% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €34,057 | €35,328 | +€1,271 | +3.7% |
| Amounts payable | 17/49 | €4,517 | €1,912 | -€2,605 | -57.7% |
| Amounts payable within one year | 42/48 | €4,517 | €1,912 | -€2,605 | -57.7% |
| Trade debts | 44 | €272 | €914 | +€642 | +236.3% |
| Suppliers | 440/4 | €272 | €914 | +€642 | +236.3% |
| Taxes, remuneration and social security | 45 | €3,281 | €469 | -€2,812 | -85.7% |
| Taxes | 450/3 | €3,281 | €469 | -€2,812 | -85.7% |
| Other amounts payable | 47/48 | €964 | €529 | -€435 | -45.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,550 | €3,576 | +€26 | +0.7% |
| Other operating charges | 640/8 | €343 | €2,599 | +€2,256 | +657.4% |
| Non-recurring operating charges | 66A | €280 | €164 | -€116 | -41.4% |
| Gross operating margin | 9900 | €7,631 | €7,882 | +€251 | +3.3% |
| Operating profit (loss) | 9901 | €3,459 | €1,543 | -€1,915 | -55.4% |
| Financial income | 75/76B | - | €34 | +€34 | |
| Recurring financial income | 75 | - | €34 | +€34 | |
| Financial charges | 65/66B | €300 | €314 | +€14 | +4.7% |
| Recurring financial charges | 65 | €300 | €314 | +€14 | +4.7% |
| Profit (loss) for the period before taxes | 9903 | €3,159 | €1,263 | -€1,895 | -60.0% |
| Income taxes | 67/77 | €1,114 | -€7 | -€1,121 | |
| Profit (loss) for the period | 9904 | €2,045 | €1,271 | -€774 | -37.9% |
| Profit (loss) for the period to be appropriated | 9905 | €2,045 | €1,271 | -€774 | -37.9% |
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 5 October 2026 via checked.be.