AXXE: what changed
Two fiscal 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.
AXXE
Largest movements
- Cash +€3,343
up €3,343 (+1.3%), from €248,799 to €252,142
mainly Receivables within one year (+€2,360) and Receivables after one year (+€2,330)
- Tax, wage and social debts -€3,093
down €3,093 (-32.2%), from €9,605 to €6,512
- Gross operating margin -€29,644
down €29,644 (-89.1%), from €33,289 to €3,644
- Taxes -€8,981
down €8,981 (-81.5%), from €11,022 to €2,041
- Financial income -€2,605
down €2,605 (-58.5%), from €4,451 to €1,846
- Financial charges +€457
up €457 (+37.9%), from €1,207 to €1,665
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 | €263,638 | €262,114 | -€1,524 | -0.6% |
| Current assets | 29/58 | €263,638 | €262,114 | -€1,524 | -0.6% |
| Amounts receivable after more than one year | 29 | €3,333 | €1,003 | -€2,330 | -69.9% |
| Other amounts receivable | 291 | €3,333 | €1,003 | -€2,330 | -69.9% |
| Amounts receivable within one year | 40/41 | €10,128 | €7,768 | -€2,360 | -23.3% |
| Trade receivables | 40 | €10,055 | - | -€10,055 | |
| Other amounts receivable | 41 | €73 | €7,768 | +€7,695 | +10540.6% |
| Cash at bank and in hand | 54/58 | €248,799 | €252,142 | +€3,343 | +1.3% |
| Deferred charges and accrued income | 490/1 | €1,378 | €1,201 | -€177 | -12.8% |
| Total equity and liabilities | 10/49 | €263,638 | €262,114 | -€1,524 | -0.6% |
| Equity | 10/15 | €252,092 | €253,418 | +€1,327 | +0.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €42,817 | €42,817 | = | 0.0% |
| Distributable reserves | 133 | €42,817 | €42,817 | = | 0.0% |
| Profit (loss) carried forward | 14 | €203,075 | €204,401 | +€1,327 | +0.7% |
| Amounts payable | 17/49 | €11,546 | €8,695 | -€2,851 | -24.7% |
| Amounts payable within one year | 42/48 | €11,546 | €8,695 | -€2,851 | -24.7% |
| Trade debts | 44 | €1,913 | €2,183 | +€270 | +14.1% |
| Suppliers | 440/4 | €1,913 | €2,183 | +€270 | +14.1% |
| Taxes, remuneration and social security | 45 | €9,605 | €6,512 | -€3,093 | -32.2% |
| Taxes | 450/3 | €9,605 | €6,512 | -€3,093 | -32.2% |
| Other amounts payable | 47/48 | €29 | - | -€29 | |
| Non-recurring operating income | 76A | - | €6 | +€6 | |
| Other operating charges | 640/8 | €220 | €220 | = | 0.0% |
| Non-recurring operating charges | 66A | €252 | €238 | -€15 | -5.8% |
| Gross operating margin | 9900 | €33,289 | €3,644 | -€29,644 | -89.1% |
| Operating profit (loss) | 9901 | €32,816 | €3,187 | -€29,630 | -90.3% |
| Financial income | 75/76B | €4,451 | €1,846 | -€2,605 | -58.5% |
| Recurring financial income | 75 | €4,451 | €1,846 | -€2,605 | -58.5% |
| Financial charges | 65/66B | €1,207 | €1,665 | +€457 | +37.9% |
| Recurring financial charges | 65 | €1,207 | €1,665 | +€457 | +37.9% |
| Profit (loss) for the period before taxes | 9903 | €36,060 | €3,368 | -€32,692 | -90.7% |
| Income taxes | 67/77 | €11,022 | €2,041 | -€8,981 | -81.5% |
| Profit (loss) for the period | 9904 | €25,038 | €1,327 | -€23,711 | -94.7% |
| Profit (loss) for the period to be appropriated | 9905 | €25,038 | €1,327 | -€23,711 | -94.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.