AXTRAN: 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.
AXTRAN
Largest movements
- Tangible fixed assets -€4,530
down €4,530 (-33.4%), from €13,556 to €9,026
of which Plant, machinery and equipment: -€2,778
- Cash +€3,700
up €3,700 (+650%), from €569 to €4,269
mainly Depreciation (+€7,984) and Net result for the year (+€6,820)
- Deferred charges and accrued income -€660
down €660 (-25.3%), from €2,610 to €1,950
- Receivables within one year +€255
up €255 (+13.8%), from €1,839 to €2,094
of which Trade receivables: +€255
- Profit (loss) carried forward +€6,820
up €6,820 (+26.1%), from -€26,113 to -€19,293
- Trade debts +€5,140
up €5,140 (+78.5%), from €6,548 to €11,688
- Short-term financial debts -€4,056
down €4,056 (-100%), from €4,056 to €0
- Other debts -€3,537
down €3,537 (-14.0%), from €25,241 to €21,704
- Current portion of long-term debt -€3,103
down €3,103 (-100%), from €3,103 to €0
- Gross operating margin +€18,677
up €18,677, from -€1,659 to €17,018
- Depreciation -€2,219
down €2,219 (-21.7%), from €10,203 to €7,984
- Other operating charges -€273
down €273 (-14.9%), from €1,836 to €1,563
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 | €18,575 | €17,339 | -€1,235 | -6.7% |
| Fixed assets | 21/28 | €13,556 | €9,026 | -€4,530 | -33.4% |
| Tangible fixed assets | 22/27 | €13,556 | €9,026 | -€4,530 | -33.4% |
| Plant, machinery and equipment | 23 | €3,638 | €859 | -€2,778 | -76.4% |
| Furniture and vehicles | 24 | €9,918 | €8,166 | -€1,752 | -17.7% |
| Current assets | 29/58 | €5,019 | €8,314 | +€3,295 | +65.6% |
| Amounts receivable within one year | 40/41 | €1,839 | €2,094 | +€255 | +13.8% |
| Trade receivables | 40 | €1,839 | €2,094 | +€255 | +13.8% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €569 | €4,269 | +€3,700 | +650% |
| Deferred charges and accrued income | 490/1 | €2,610 | €1,950 | -€660 | -25.3% |
| Total equity and liabilities | 10/49 | €18,575 | €17,339 | -€1,235 | -6.7% |
| Equity | 10/15 | -€23,613 | -€16,793 | +€6,820 | +28.9% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€26,113 | -€19,293 | +€6,820 | +26.1% |
| Amounts payable | 17/49 | €42,188 | €34,132 | -€8,055 | -19.1% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €42,188 | €34,132 | -€8,055 | -19.1% |
| Current portion of amounts payable after more than one year | 42 | €3,103 | €0 | -€3,103 | -100% |
| Financial debts | 43 | €4,056 | €0 | -€4,056 | -100% |
| Credit institutions | 430/8 | €4,056 | €0 | -€4,056 | -100% |
| Trade debts | 44 | €6,548 | €11,688 | +€5,140 | +78.5% |
| Suppliers | 440/4 | €6,548 | €11,688 | +€5,140 | +78.5% |
| Taxes, remuneration and social security | 45 | €3,240 | €740 | -€2,500 | -77.2% |
| Taxes | 450/3 | €431 | €740 | +€309 | +71.5% |
| Remuneration and social security | 454/9 | €2,808 | €0 | -€2,808 | -100% |
| Other amounts payable | 47/48 | €25,241 | €21,704 | -€3,537 | -14.0% |
| Non-recurring operating income | 76A | €9,752 | €1,423 | -€8,329 | -85.4% |
| Remuneration, social security and pensions | 62 | -€32 | €0 | +€32 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,203 | €7,984 | -€2,219 | -21.7% |
| Other operating charges | 640/8 | €1,836 | €1,563 | -€273 | -14.9% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | -€1,659 | €17,018 | +€18,677 | |
| Operating profit (loss) | 9901 | -€13,666 | €7,471 | +€21,137 | |
| Financial income | 75/76B | €39 | €1 | -€38 | -96.5% |
| Recurring financial income | 75 | €39 | €1 | -€38 | -96.5% |
| Financial charges | 65/66B | €654 | €652 | -€2 | -0.3% |
| Recurring financial charges | 65 | €654 | €652 | -€2 | -0.3% |
| Profit (loss) for the period before taxes | 9903 | -€14,281 | €6,820 | +€21,101 | |
| Profit (loss) for the period | 9904 | -€14,281 | €6,820 | +€21,101 | |
| Profit (loss) for the period to be appropriated | 9905 | -€14,281 | €6,820 | +€21,101 |
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 17 October 2026 via checked.be.