AXOLOT: 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.
AXOLOT
Largest movements
- Cash +€71,968
up €71,968 (+92.2%), from €78,060 to €150,027
mainly Net result for the year (+€55,514) and Receivables within one year (+€20,979)
- Receivables within one year -€20,979
down €20,979 (-59.2%), from €35,410 to €14,431
of which Trade receivables: -€21,979
- Tangible fixed assets -€2,180
down €2,180 (-55.1%), from €3,958 to €1,778
- Profit (loss) carried forward +€55,514
up €55,514 (+64.0%), from €86,726 to €142,240
- Tax, wage and social debts -€7,945
down €7,945 (-44.3%), from €17,953 to €10,008
of which Taxes: -€7,945
- Gross operating margin -€4,581
down €4,581 (-6.0%), from €76,766 to €72,186
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 | €117,428 | €166,236 | +€48,808 | +41.6% |
| Fixed assets | 21/28 | €3,958 | €1,778 | -€2,180 | -55.1% |
| Tangible fixed assets | 22/27 | €3,958 | €1,778 | -€2,180 | -55.1% |
| Furniture and vehicles | 24 | €3,958 | €1,778 | -€2,180 | -55.1% |
| Current assets | 29/58 | €113,470 | €164,458 | +€50,989 | +44.9% |
| Amounts receivable within one year | 40/41 | €35,410 | €14,431 | -€20,979 | -59.2% |
| Trade receivables | 40 | €35,410 | €13,431 | -€21,979 | -62.1% |
| Other amounts receivable | 41 | - | €1,000 | +€1,000 | |
| Cash at bank and in hand | 54/58 | €78,060 | €150,027 | +€71,968 | +92.2% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €117,428 | €166,236 | +€48,808 | +41.6% |
| Equity | 10/15 | €91,726 | €147,240 | +€55,514 | +60.5% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €86,726 | €142,240 | +€55,514 | +64.0% |
| Amounts payable | 17/49 | €25,702 | €18,996 | -€6,705 | -26.1% |
| Amounts payable within one year | 42/48 | €25,702 | €18,622 | -€7,079 | -27.5% |
| Trade debts | 44 | €1,144 | €815 | -€328 | -28.7% |
| Suppliers | 440/4 | €1,144 | €815 | -€328 | -28.7% |
| Taxes, remuneration and social security | 45 | €17,953 | €10,008 | -€7,945 | -44.3% |
| Taxes | 450/3 | €15,953 | €8,008 | -€7,945 | -49.8% |
| Remuneration and social security | 454/9 | €2,000 | €2,000 | = | 0.0% |
| Other amounts payable | 47/48 | €6,605 | €7,799 | +€1,194 | +18.1% |
| Accrued charges and deferred income | 492/3 | - | €374 | +€374 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,177 | €2,180 | +€4 | +0.2% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €76,766 | €72,186 | -€4,581 | -6.0% |
| Operating profit (loss) | 9901 | €74,202 | €69,605 | -€4,597 | -6.2% |
| Financial income | 75/76B | - | €2 | +€2 | |
| Recurring financial income | 75 | - | €2 | +€2 | |
| Financial charges | 65/66B | €106 | €102 | -€4 | -3.9% |
| Recurring financial charges | 65 | €106 | €102 | -€4 | -3.9% |
| Profit (loss) for the period before taxes | 9903 | €74,096 | €69,506 | -€4,590 | -6.2% |
| Income taxes | 67/77 | €14,307 | €13,992 | -€315 | -2.2% |
| Profit (loss) for the period | 9904 | €59,789 | €55,514 | -€4,275 | -7.2% |
| Profit (loss) for the period to be appropriated | 9905 | €59,789 | €55,514 | -€4,275 | -7.2% |
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 13 October 2026 via checked.be.