AXONE-D: 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.
AXONE-D
Largest movements
- Cash +€69,601
up €69,601 (+382.1%), from €18,214 to €87,815
mainly Net result for the year (+€76,734) and Tax, wage and social debts (+€19,312)
- Tangible fixed assets +€13,726
up €13,726 (+50.9%), from €26,944 to €40,670
of which Land and buildings: +€19,963
- Deferred charges and accrued income +€7,337
up €7,337 (+2209.4%), from €332 to €7,669
- Profit (loss) carried forward +€75,901
up €75,901 (+429.0%), from €17,694 to €93,595
- Tax, wage and social debts +€19,312
up €19,312 (+219.8%), from €8,785 to €28,097
of which Taxes: +€22,205
- Debts after one year -€4,695
down €4,695 (-46.3%), from €10,138 to €5,443
- Gross operating margin +€73,453
up €73,453 (+235.6%), from €31,175 to €104,628
- Taxes +€14,891
up €14,891 (+254.4%), from €5,853 to €20,744
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 | €45,490 | €136,154 | +€90,664 | +199.3% |
| Fixed assets | 21/28 | €26,944 | €40,670 | +€13,726 | +50.9% |
| Tangible fixed assets | 22/27 | €26,944 | €40,670 | +€13,726 | +50.9% |
| Land and buildings | 22 | - | €19,963 | +€19,963 | |
| Plant, machinery and equipment | 23 | €26,944 | €20,707 | -€6,237 | -23.1% |
| Current assets | 29/58 | €18,546 | €95,484 | +€76,938 | +414.9% |
| Cash at bank and in hand | 54/58 | €18,214 | €87,815 | +€69,601 | +382.1% |
| Deferred charges and accrued income | 490/1 | €332 | €7,669 | +€7,337 | +2209.4% |
| Total equity and liabilities | 10/49 | €45,490 | €136,154 | +€90,664 | +199.3% |
| Equity | 10/15 | €19,694 | €95,595 | +€75,901 | +385.4% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €17,694 | €93,595 | +€75,901 | +429.0% |
| Amounts payable | 17/49 | €25,796 | €40,558 | +€14,763 | +57.2% |
| Amounts payable after more than one year | 17 | €10,138 | €5,443 | -€4,695 | -46.3% |
| Financial debts | 170/4 | €10,138 | €5,443 | -€4,695 | -46.3% |
| Amounts payable within one year | 42/48 | €15,658 | €35,115 | +€19,458 | +124.3% |
| Current portion of amounts payable after more than one year | 42 | €5,496 | €4,695 | -€801 | -14.6% |
| Trade debts | 44 | €1,060 | €1,343 | +€284 | +26.8% |
| Suppliers | 440/4 | €1,060 | €1,343 | +€284 | +26.8% |
| Taxes, remuneration and social security | 45 | €8,785 | €28,097 | +€19,312 | +219.8% |
| Taxes | 450/3 | €5,891 | €28,097 | +€22,205 | +376.9% |
| Remuneration and social security | 454/9 | €2,893 | - | -€2,893 | |
| Other amounts payable | 47/48 | €317 | €980 | +€663 | +208.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,992 | €6,274 | +€282 | +4.7% |
| Other operating charges | 640/8 | €408 | €73 | -€334 | -82.0% |
| Gross operating margin | 9900 | €31,175 | €104,628 | +€73,453 | +235.6% |
| Operating profit (loss) | 9901 | €24,776 | €98,281 | +€73,505 | +296.7% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €1,146 | €803 | -€344 | -30.0% |
| Recurring financial charges | 65 | €1,146 | €803 | -€344 | -30.0% |
| Profit (loss) for the period before taxes | 9903 | €23,630 | €97,478 | +€73,848 | +312.5% |
| Income taxes | 67/77 | €5,853 | €20,744 | +€14,891 | +254.4% |
| Profit (loss) for the period | 9904 | €17,777 | €76,734 | +€58,957 | +331.6% |
| Profit (loss) for the period to be appropriated | 9905 | €17,777 | €76,734 | +€58,957 | +331.6% |
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 3 October 2026 via checked.be.