aXros: 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.
aXros
Largest movements
- Tangible fixed assets -€49,249
down €49,249 (-3.9%), from €1.3m to €1.2m
of which Land and buildings: -€48,090
- Cash -€31,765
down €31,765 (-14.5%), from €218,395 to €186,630
mainly Debts after one year (-€76,138) and Investment in fixed assets (net) (-€8,721)
- Debts after one year -€76,138
down €76,138 (-10.2%), from €744,645 to €668,507
- Gross operating margin +€19,421
up €19,421 (+38.4%), from €50,538 to €69,959
- Financial charges -€1,012
down €1,012 (-8.5%), from €11,911 to €10,899
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 | €1,768,098 | €1,681,712 | -€86,386 | -4.9% |
| Fixed assets | 21/28 | €1,257,949 | €1,208,700 | -€49,249 | -3.9% |
| Tangible fixed assets | 22/27 | €1,257,949 | €1,208,700 | -€49,249 | -3.9% |
| Land and buildings | 22 | €1,254,099 | €1,206,010 | -€48,090 | -3.8% |
| Furniture and vehicles | 24 | €3,849 | €2,690 | -€1,159 | -30.1% |
| Current assets | 29/58 | €510,150 | €473,013 | -€37,137 | -7.3% |
| Amounts receivable within one year | 40/41 | €90,684 | €88,258 | -€2,426 | -2.7% |
| Trade receivables | 40 | €5,609 | €129 | -€5,480 | -97.7% |
| Other amounts receivable | 41 | €85,075 | €88,129 | +€3,054 | +3.6% |
| Current investments | 50/53 | €200,703 | €196,765 | -€3,938 | -2.0% |
| Cash at bank and in hand | 54/58 | €218,395 | €186,630 | -€31,765 | -14.5% |
| Deferred charges and accrued income | 490/1 | €367 | €1,359 | +€992 | +270.0% |
| Total equity and liabilities | 10/49 | €1,768,098 | €1,681,712 | -€86,386 | -4.9% |
| Equity | 10/15 | €843,395 | €841,363 | -€2,031 | -0.2% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €821,834 | €821,834 | = | 0.0% |
| Distributable reserves | 133 | €821,834 | €821,834 | = | 0.0% |
| Profit (loss) carried forward | 14 | €9,160 | €7,129 | -€2,031 | -22.2% |
| Amounts payable | 17/49 | €924,703 | €840,349 | -€84,355 | -9.1% |
| Amounts payable after more than one year | 17 | €744,645 | €668,507 | -€76,138 | -10.2% |
| Financial debts | 170/4 | €744,645 | €668,507 | -€76,138 | -10.2% |
| Amounts payable within one year | 42/48 | €170,612 | €166,860 | -€3,753 | -2.2% |
| Current portion of amounts payable after more than one year | 42 | €75,160 | €76,138 | +€979 | +1.3% |
| Trade debts | 44 | €2,315 | €2,468 | +€153 | +6.6% |
| Suppliers | 440/4 | €2,315 | €2,468 | +€153 | +6.6% |
| Taxes, remuneration and social security | 45 | €12,224 | €6,865 | -€5,359 | -43.8% |
| Taxes | 450/3 | €12,224 | €6,865 | -€5,359 | -43.8% |
| Other amounts payable | 47/48 | €80,914 | €81,388 | +€474 | +0.6% |
| Accrued charges and deferred income | 492/3 | €9,446 | €4,982 | -€4,464 | -47.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €58,106 | €57,970 | -€137 | -0.2% |
| Other operating charges | 640/8 | €4,395 | €4,554 | +€158 | +3.6% |
| Gross operating margin | 9900 | €50,538 | €69,959 | +€19,421 | +38.4% |
| Operating profit (loss) | 9901 | -€11,964 | €7,436 | +€19,400 | |
| Financial income | 75/76B | €1,868 | €1,431 | -€437 | -23.4% |
| Recurring financial income | 75 | €1,868 | €1,431 | -€437 | -23.4% |
| Financial charges | 65/66B | €11,911 | €10,899 | -€1,012 | -8.5% |
| Recurring financial charges | 65 | €11,911 | €10,899 | -€1,012 | -8.5% |
| Profit (loss) for the period before taxes | 9903 | -€22,006 | -€2,031 | +€19,975 | +90.8% |
| Profit (loss) for the period | 9904 | -€22,006 | -€2,031 | +€19,975 | +90.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€22,006 | -€2,031 | +€19,975 | +90.8% |
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 12 October 2026 via checked.be.