AXS Liège: 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.
AXS Liège
Largest movements
- Deferred charges and accrued income +€335,633
new in 2025: €335,633
- Tangible fixed assets +€169,565
up €169,565 (+14.6%), from €1.2m to €1.3m
- Contributions +€400,000
up €400,000 (+25.0%), from €1.6m to €2.0m
- Debts after one year +€400,000
new in 2025: €400,000
- Profit (loss) carried forward -€380,697
down €380,697 (-87.3%), from -€435,860 to -€816,557
- Trade debts +€98,755
up €98,755 (+909%), from €10,868 to €109,623
- Accrued charges and deferred income -€31,230
down €31,230 (-95.5%), from €32,708 to €1,479
- Gross operating margin +€10,047
up €10,047 (+2.6%), from -€380,511 to -€370,464
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 | €1,207,716 | €1,694,545 | +€486,829 | +40.3% |
| Fixed assets | 21/28 | €1,161,828 | €1,331,393 | +€169,565 | +14.6% |
| Tangible fixed assets | 22/27 | €1,161,828 | €1,331,393 | +€169,565 | +14.6% |
| Assets under construction and advance payments | 27 | €1,161,828 | €1,331,393 | +€169,565 | +14.6% |
| Current assets | 29/58 | €45,888 | €363,152 | +€317,264 | +691% |
| Amounts receivable within one year | 40/41 | €9,917 | €3,789 | -€6,128 | -61.8% |
| Other amounts receivable | 41 | €9,917 | €3,789 | -€6,128 | -61.8% |
| Cash at bank and in hand | 54/58 | €35,970 | €23,730 | -€12,240 | -34.0% |
| Deferred charges and accrued income | 490/1 | - | €335,633 | +€335,633 | |
| Total equity and liabilities | 10/49 | €1,207,716 | €1,694,545 | +€486,829 | +40.3% |
| Equity | 10/15 | €1,164,140 | €1,183,443 | +€19,303 | +1.7% |
| Contributions | 10/11 | €1,600,000 | €2,000,000 | +€400,000 | +25.0% |
| Profit (loss) carried forward | 14 | -€435,860 | -€816,557 | -€380,697 | -87.3% |
| Amounts payable | 17/49 | €43,576 | €511,102 | +€467,526 | +1,073% |
| Amounts payable after more than one year | 17 | - | €400,000 | +€400,000 | |
| Financial debts | 170/4 | - | €400,000 | +€400,000 | |
| Amounts payable within one year | 42/48 | €10,868 | €109,623 | +€98,755 | +909% |
| Trade debts | 44 | €10,868 | €109,623 | +€98,755 | +909% |
| Suppliers | 440/4 | €10,868 | €109,623 | +€98,755 | +909% |
| Accrued charges and deferred income | 492/3 | €32,708 | €1,479 | -€31,230 | -95.5% |
| Other operating charges | 640/8 | €412 | €1,167 | +€756 | +184% |
| Gross operating margin | 9900 | -€380,511 | -€370,464 | +€10,047 | +2.6% |
| Operating profit (loss) | 9901 | -€380,923 | -€371,632 | +€9,291 | +2.4% |
| Financial charges | 65/66B | €7,605 | €9,065 | +€1,460 | +19.2% |
| Recurring financial charges | 65 | €7,605 | €9,065 | +€1,460 | +19.2% |
| Profit (loss) for the period before taxes | 9903 | -€388,528 | -€380,697 | +€7,832 | +2.0% |
| Profit (loss) for the period | 9904 | -€388,528 | -€380,697 | +€7,832 | +2.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€388,528 | -€380,697 | +€7,832 | +2.0% |
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 19 October 2026 via checked.be.