AxTalis: 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.
AxTalis
Largest movements
- Receivables within one year +€727,987
up €727,987 (+159%), from €457,610 to €1.2m
of which Other amounts receivable: +€550,387
- Financial fixed assets +€30,297
up €30,297 (+2,082%), from €1,455 to €31,752
- Cash -€18,129
down €18,129 (-5.9%), from €308,353 to €290,224
- Reserves +€1.0m
up €1.0m (+409%), from €255,568 to €1.3m
- Other debts -€246,118
down €246,118 (-84.3%), from €292,000 to €45,882
- Tax, wage and social debts -€41,413
down €41,413 (-26.9%), from €153,690 to €112,277
of which Remuneration and social security: -€21,912
- Accrued charges and deferred income +€30,000
new in 2024: €30,000
- Trade debts -€20,724
down €20,724 (-15.4%), from €134,655 to €113,931
- Gross operating margin +€1.5m
up €1.5m (+126%), from €1.2m to €2.7m
- Staff costs +€836,016
up €836,016 (+105%), from €795,246 to €1.6m
- Taxes -€72,855
down €72,855 (-70.8%), from €102,855 to €30,000
From the 2023 result to the 2024 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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €885,913 | €1,652,711 | +€766,798 | +86.6% |
| Fixed assets | 21/28 | €14,977 | €57,046 | +€42,069 | +281% |
| Intangible fixed assets | 21 | €8,624 | €4,764 | -€3,860 | -44.8% |
| Tangible fixed assets | 22/27 | €4,899 | €20,530 | +€15,631 | +319% |
| Plant, machinery and equipment | 23 | - | €7,278 | +€7,278 | |
| Furniture and vehicles | 24 | €4,899 | €13,252 | +€8,353 | +171% |
| Financial fixed assets | 28 | €1,455 | €31,752 | +€30,297 | +2,082% |
| Current assets | 29/58 | €870,936 | €1,595,665 | +€724,729 | +83.2% |
| Amounts receivable within one year | 40/41 | €457,610 | €1,185,597 | +€727,987 | +159% |
| Trade receivables | 40 | €452,855 | €630,455 | +€177,600 | +39.2% |
| Other amounts receivable | 41 | €4,755 | €555,142 | +€550,387 | +11,576% |
| Cash at bank and in hand | 54/58 | €308,353 | €290,224 | -€18,129 | -5.9% |
| Deferred charges and accrued income | 490/1 | €104,973 | €119,844 | +€14,871 | +14.2% |
| Total equity and liabilities | 10/49 | €885,913 | €1,652,711 | +€766,798 | +86.6% |
| Equity | 10/15 | €305,568 | €1,350,621 | +€1.0m | +342% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €255,568 | €1,300,621 | +€1.0m | +409% |
| Distributable reserves | 133 | €255,568 | €1,300,621 | +€1.0m | +409% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €580,346 | €302,090 | -€278,256 | -47.9% |
| Amounts payable within one year | 42/48 | €580,346 | €272,090 | -€308,256 | -53.1% |
| Trade debts | 44 | €134,655 | €113,931 | -€20,724 | -15.4% |
| Suppliers | 440/4 | €134,655 | €113,931 | -€20,724 | -15.4% |
| Taxes, remuneration and social security | 45 | €153,690 | €112,277 | -€41,413 | -26.9% |
| Taxes | 450/3 | €37,855 | €18,353 | -€19,502 | -51.5% |
| Remuneration and social security | 454/9 | €115,836 | €93,924 | -€21,912 | -18.9% |
| Other amounts payable | 47/48 | €292,000 | €45,882 | -€246,118 | -84.3% |
| Accrued charges and deferred income | 492/3 | - | €30,000 | +€30,000 | |
| Remuneration, social security and pensions | 62 | €795,246 | €1,631,262 | +€836,016 | +105% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,003 | €8,568 | +€2,565 | +42.7% |
| Other operating charges | 640/8 | €784 | €741 | -€43 | -5.5% |
| Gross operating margin | 9900 | €1,199,057 | €2,711,530 | +€1.5m | +126% |
| Operating profit (loss) | 9901 | €397,025 | €1,070,959 | +€673,934 | +170% |
| Financial income | 75/76B | €446 | €4,523 | +€4,077 | +914% |
| Recurring financial income | 75 | €446 | €4,523 | +€4,077 | +914% |
| Financial charges | 65/66B | €1,835 | €429 | -€1,406 | -76.6% |
| Recurring financial charges | 65 | €1,835 | €429 | -€1,406 | -76.6% |
| Profit (loss) for the period before taxes | 9903 | €395,636 | €1,075,053 | +€679,417 | +172% |
| Income taxes | 67/77 | €102,855 | €30,000 | -€72,855 | -70.8% |
| Profit (loss) for the period | 9904 | €292,782 | €1,045,053 | +€752,271 | +257% |
| Profit (loss) for the period to be appropriated | 9905 | €292,782 | €1,045,053 | +€752,271 | +257% |
Source: filed annual accounts (NBB), financial years ended 30 June 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.