AXON HR: 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.
AXON HR
Largest movements
- Receivables within one year +€11,250
up €11,250 (+2,301%), from €489 to €11,739
- Cash -€9,627
down €9,627 (-28.5%), from €33,757 to €24,130
mainly Receivables within one year (-€11,250) and Other debts (-€8,884)
- Intangible fixed assets -€812
down €812 (-21.5%), from €3,784 to €2,972
- Tangible fixed assets -€773
down €773 (-51.2%), from €1,509 to €737
of which Furniture and vehicles: -€716
- Profit (loss) carried forward +€15,550
up €15,550 (+58.5%), from -€26,575 to -€11,025
- Other debts -€8,884
down €8,884 (-33.5%), from €26,556 to €17,672
- Debts after one year -€7,834
down €7,834 (-49.2%), from €15,921 to €8,087
- Tax, wage and social debts +€4,023
up €4,023 (+290%), from €1,387 to €5,410
- Trade debts -€1,320
down €1,320 (-94.3%), from €1,400 to €80
- Gross operating margin +€49,762
up €49,762, from -€29,494 to €20,269
- Financial income -€11,735
no longer reported in 2025 (was €11,735)
- Financial charges -€471
down €471 (-14.4%), from €3,270 to €2,800
- Other operating charges -€399
down €399 (-73.0%), from €546 to €147
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 | €41,578 | €41,550 | -€28 | -0.1% |
| Fixed assets | 21/28 | €5,293 | €3,709 | -€1,585 | -29.9% |
| Intangible fixed assets | 21 | €3,784 | €2,972 | -€812 | -21.5% |
| Tangible fixed assets | 22/27 | €1,509 | €737 | -€773 | -51.2% |
| Plant, machinery and equipment | 23 | €437 | €380 | -€57 | -13.0% |
| Furniture and vehicles | 24 | €1,072 | €357 | -€716 | -66.7% |
| Current assets | 29/58 | €36,285 | €37,841 | +€1,556 | +4.3% |
| Amounts receivable within one year | 40/41 | €489 | €11,739 | +€11,250 | +2,301% |
| Trade receivables | 40 | €489 | €11,739 | +€11,250 | +2,301% |
| Cash at bank and in hand | 54/58 | €33,757 | €24,130 | -€9,627 | -28.5% |
| Deferred charges and accrued income | 490/1 | €2,040 | €1,973 | -€67 | -3.3% |
| Total equity and liabilities | 10/49 | €41,578 | €41,550 | -€28 | -0.1% |
| Equity | 10/15 | -€13,040 | €2,510 | +€15,550 | |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €7,335 | €7,335 | = | 0.0% |
| Distributable reserves | 133 | €7,335 | €7,335 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€26,575 | -€11,025 | +€15,550 | +58.5% |
| Amounts payable | 17/49 | €54,619 | €39,040 | -€15,579 | -28.5% |
| Amounts payable after more than one year | 17 | €15,921 | €8,087 | -€7,834 | -49.2% |
| Financial debts | 170/4 | €15,921 | €8,087 | -€7,834 | -49.2% |
| Amounts payable within one year | 42/48 | €37,737 | €30,953 | -€6,783 | -18.0% |
| Current portion of amounts payable after more than one year | 42 | €8,394 | €7,791 | -€603 | -7.2% |
| Trade debts | 44 | €1,400 | €80 | -€1,320 | -94.3% |
| Suppliers | 440/4 | €1,400 | €80 | -€1,320 | -94.3% |
| Taxes, remuneration and social security | 45 | €1,387 | €5,410 | +€4,023 | +290% |
| Taxes | 450/3 | €1,387 | €5,410 | +€4,023 | +290% |
| Other amounts payable | 47/48 | €26,556 | €17,672 | -€8,884 | -33.5% |
| Accrued charges and deferred income | 492/3 | €961 | - | -€961 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,382 | €1,585 | +€202 | +14.6% |
| Other operating charges | 640/8 | €546 | €147 | -€399 | -73.0% |
| Gross operating margin | 9900 | -€29,494 | €20,269 | +€49,762 | |
| Operating profit (loss) | 9901 | -€31,422 | €18,537 | +€49,959 | |
| Financial income | 75/76B | €11,735 | - | -€11,735 | |
| Recurring financial income | 75 | €11,735 | - | -€11,735 | |
| Financial charges | 65/66B | €3,270 | €2,800 | -€471 | -14.4% |
| Recurring financial charges | 65 | €3,270 | €2,800 | -€471 | -14.4% |
| Profit (loss) for the period before taxes | 9903 | -€22,958 | €15,737 | +€38,695 | |
| Income taxes | 67/77 | €129 | €187 | +€58 | +44.7% |
| Profit (loss) for the period | 9904 | -€23,087 | €15,550 | +€38,637 | |
| Profit (loss) for the period to be appropriated | 9905 | -€23,087 | €15,550 | +€38,637 |
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 31 October 2026 via checked.be.