AXPROMO: 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.
AXPROMO
Largest movements
- Stocks and contracts +€314,758
up €314,758 (+19.8%), from €1.6m to €1.9m
- Cash +€60,612
up €60,612 (+1,210%), from €5,009 to €65,621
mainly Advances received (+€244,264) and Other debts (+€107,500)
- Receivables within one year -€32,928
down €32,928 (-99.7%), from €33,037 to €109
- Advances received +€244,264
new in 2025: €244,264
- Other debts +€107,500
up €107,500 (+16.7%), from €644,000 to €751,500
- Profit (loss) carried forward -€46,711
down €46,711 (-4.6%), from €1.0m to €977,835
- Trade debts +€37,389
up €37,389 (+9,732%), from €384 to €37,773
- Financial charges +€37,421
up €37,421 (+8,516%), from €439 to €37,861
- Gross operating margin -€3,935
down €3,935 (-110%), from -€3,589 to -€7,524
- Financial income -€496
down €496 (-100%), from €496 to €0
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 | €1,904,714 | €2,247,156 | +€342,442 | +18.0% |
| Fixed assets | 21/28 | €275,000 | €275,000 | = | 0.0% |
| Financial fixed assets | 28 | €275,000 | €275,000 | = | 0.0% |
| Current assets | 29/58 | €1,629,714 | €1,972,156 | +€342,442 | +21.0% |
| Stocks and contracts in progress | 3 | €1,591,669 | €1,906,427 | +€314,758 | +19.8% |
| Contracts in progress | 37 | €1,591,669 | €1,906,427 | +€314,758 | +19.8% |
| Amounts receivable within one year | 40/41 | €33,037 | €109 | -€32,928 | -99.7% |
| Other amounts receivable | 41 | €33,037 | €109 | -€32,928 | -99.7% |
| Cash at bank and in hand | 54/58 | €5,009 | €65,621 | +€60,612 | +1,210% |
| Total equity and liabilities | 10/49 | €1,904,714 | €2,247,156 | +€342,442 | +18.0% |
| Equity | 10/15 | €1,260,330 | €1,213,619 | -€46,711 | -3.7% |
| Contributions | 10/11 | €214,348 | €214,348 | = | 0.0% |
| Capital | 10 | €214,348 | €214,348 | = | 0.0% |
| Issued capital | 100 | €214,348 | €214,348 | = | 0.0% |
| Reserves | 13 | €21,435 | €21,435 | = | 0.0% |
| Non-distributable reserves | 130/1 | €21,435 | €21,435 | = | 0.0% |
| Legal reserve | 130 | €21,435 | €21,435 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,024,547 | €977,835 | -€46,711 | -4.6% |
| Amounts payable | 17/49 | €644,384 | €1,033,537 | +€389,153 | +60.4% |
| Amounts payable within one year | 42/48 | €644,384 | €1,033,537 | +€389,153 | +60.4% |
| Trade debts | 44 | €384 | €37,773 | +€37,389 | +9,732% |
| Suppliers | 440/4 | €384 | €37,773 | +€37,389 | +9,732% |
| Advances received on contracts in progress | 46 | - | €244,264 | +€244,264 | |
| Other amounts payable | 47/48 | €644,000 | €751,500 | +€107,500 | +16.7% |
| Other operating charges | 640/8 | €1,338 | €1,326 | -€12 | -0.9% |
| Gross operating margin | 9900 | -€3,589 | -€7,524 | -€3,935 | -110% |
| Operating profit (loss) | 9901 | -€4,927 | -€8,850 | -€3,923 | -79.6% |
| Financial income | 75/76B | €496 | €0 | -€496 | -100% |
| Recurring financial income | 75 | €496 | €0 | -€496 | -100% |
| Financial charges | 65/66B | €439 | €37,861 | +€37,421 | +8,516% |
| Recurring financial charges | 65 | €439 | €37,861 | +€37,421 | +8,516% |
| Profit (loss) for the period before taxes | 9903 | -€4,871 | -€46,711 | -€41,840 | -859% |
| Profit (loss) for the period | 9904 | -€4,871 | -€46,711 | -€41,840 | -859% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,871 | -€46,711 | -€41,840 | -859% |
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 15 October 2026 via checked.be.