AXOM: 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.
AXOM
Largest movements
- Cash +€179,208
up €179,208 (+421.2%), from €42,549 to €221,756
mainly Current investments (+€120,000) and Net result for the year (+€66,105)
- Current investments -€120,000
down €120,000 (-100.0%), from €120,000 to €0
- Receivables after one year -€37,000
down €37,000 (-30.8%), from €120,150 to €83,150
- Receivables within one year +€11,622
up €11,622 (+30.2%), from €38,490 to €50,111
of which Trade receivables: +€11,624
- Tangible fixed assets -€5,511
down €5,511 (-6.9%), from €79,519 to €74,008
of which Furniture and vehicles: -€11,124
- Reserves +€19,087
up €19,087 (+5.6%), from €340,342 to €359,429
- Tax, wage and social debts +€8,986
up €8,986 (+42.1%), from €21,324 to €30,310
of which Remuneration and social security: +€5,154
- Other debts +€8,712
up €8,712 (+185.7%), from €4,692 to €13,404
- Current portion of long-term debt -€4,829
down €4,829 (-58.1%), from €8,317 to €3,488
- Gross operating margin +€22,574
up €22,574 (+23.3%), from €96,935 to €119,509
- Taxes +€4,855
up €4,855 (+20.9%), from €23,252 to €28,107
- Depreciation +€2,881
up €2,881 (+12.4%), from €23,193 to €26,074
- Financial income -€2,144
down €2,144 (-35.4%), from €6,053 to €3,910
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 | €411,684 | €437,400 | +€25,717 | +6.2% |
| Fixed assets | 21/28 | €79,519 | €74,008 | -€5,511 | -6.9% |
| Tangible fixed assets | 22/27 | €79,519 | €74,008 | -€5,511 | -6.9% |
| Plant, machinery and equipment | 23 | €3,612 | €10,489 | +€6,877 | +190.4% |
| Furniture and vehicles | 24 | €57,993 | €46,869 | -€11,124 | -19.2% |
| Other tangible fixed assets | 26 | €17,914 | €16,650 | -€1,264 | -7.1% |
| Current assets | 29/58 | €332,165 | €363,392 | +€31,227 | +9.4% |
| Amounts receivable after more than one year | 29 | €120,150 | €83,150 | -€37,000 | -30.8% |
| Other amounts receivable | 291 | €120,150 | €83,150 | -€37,000 | -30.8% |
| Amounts receivable within one year | 40/41 | €38,490 | €50,111 | +€11,622 | +30.2% |
| Trade receivables | 40 | €38,487 | €50,111 | +€11,624 | +30.2% |
| Other amounts receivable | 41 | €3 | €0 | -€3 | -100.0% |
| Current investments | 50/53 | €120,000 | €0 | -€120,000 | -100.0% |
| Cash at bank and in hand | 54/58 | €42,549 | €221,756 | +€179,208 | +421.2% |
| Deferred charges and accrued income | 490/1 | €10,977 | €8,375 | -€2,602 | -23.7% |
| Total equity and liabilities | 10/49 | €411,684 | €437,400 | +€25,717 | +6.2% |
| Equity | 10/15 | €364,301 | €383,388 | +€19,087 | +5.2% |
| Contributions | 10/11 | €0 | - | = | |
| Reserves | 13 | €340,342 | €359,429 | +€19,087 | +5.6% |
| Distributable reserves | 133 | €340,342 | €359,429 | +€19,087 | +5.6% |
| Profit (loss) carried forward | 14 | €23,959 | €23,959 | = | 0.0% |
| Amounts payable | 17/49 | €47,383 | €54,012 | +€6,629 | +14.0% |
| Amounts payable after more than one year | 17 | €3,488 | €0 | -€3,488 | -100.0% |
| Financial debts | 170/4 | €3,488 | €0 | -€3,488 | -100.0% |
| Amounts payable within one year | 42/48 | €42,796 | €52,605 | +€9,810 | +22.9% |
| Current portion of amounts payable after more than one year | 42 | €8,317 | €3,488 | -€4,829 | -58.1% |
| Trade debts | 44 | €8,463 | €5,404 | -€3,059 | -36.2% |
| Suppliers | 440/4 | €8,463 | €5,404 | -€3,059 | -36.2% |
| Taxes, remuneration and social security | 45 | €21,324 | €30,310 | +€8,986 | +42.1% |
| Taxes | 450/3 | €21,324 | €25,156 | +€3,832 | +18.0% |
| Remuneration and social security | 454/9 | €0 | €5,154 | +€5,154 | |
| Other amounts payable | 47/48 | €4,692 | €13,404 | +€8,712 | +185.7% |
| Accrued charges and deferred income | 492/3 | €1,100 | €1,407 | +€307 | +27.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,193 | €26,074 | +€2,881 | +12.4% |
| Other operating charges | 640/8 | €1,112 | €1,237 | +€125 | +11.3% |
| Gross operating margin | 9900 | €96,935 | €119,509 | +€22,574 | +23.3% |
| Operating profit (loss) | 9901 | €72,630 | €92,198 | +€19,568 | +26.9% |
| Financial income | 75/76B | €6,053 | €3,910 | -€2,144 | -35.4% |
| Recurring financial income | 75 | €6,053 | €3,910 | -€2,144 | -35.4% |
| Financial charges | 65/66B | €2,065 | €1,895 | -€170 | -8.2% |
| Recurring financial charges | 65 | €2,065 | €1,895 | -€170 | -8.2% |
| Profit (loss) for the period before taxes | 9903 | €76,618 | €94,212 | +€17,594 | +23.0% |
| Income taxes | 67/77 | €23,252 | €28,107 | +€4,855 | +20.9% |
| Profit (loss) for the period | 9904 | €53,366 | €66,105 | +€12,739 | +23.9% |
| Profit (loss) for the period to be appropriated | 9905 | €53,366 | €66,105 | +€12,739 | +23.9% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.