AXXENTe: 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.
AXXENTe
Largest movements
- Tangible fixed assets -€16,385
down €16,385 (-7.4%), from €221,426 to €205,041
of which Land and buildings: -€15,997
- Cash -€8,403
down €8,403 (-49.6%), from €16,930 to €8,527
mainly Debts after one year (-€23,998) and Net result for the year (-€20,716)
- Stocks and contracts -€5,215
down €5,215 (-6.9%), from €75,510 to €70,296
- Deferred charges and accrued income +€3,898
new in 2025: €3,898
- Debts after one year -€23,998
down €23,998 (-43.5%), from €55,148 to €31,150
- Short-term financial debts +€19,681
up €19,681 (+65.6%), from €30,000 to €49,681
- Profit (loss) carried forward -€10,936
new in 2025: -€10,936
- Reserves -€9,780
down €9,780 (-10.8%), from €90,337 to €80,557
- Trade debts +€4,478
up €4,478 (+24.3%), from €18,418 to €22,896
- Gross operating margin -€42,831
down €42,831 (-89.3%), from €47,962 to €5,132
- Taxes -€6,327
no longer reported in 2025 (was €6,327)
- Financial charges -€1,142
down €1,142 (-17.1%), from €6,689 to €5,547
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 | €325,056 | €300,964 | -€24,092 | -7.4% |
| Fixed assets | 21/28 | €221,426 | €205,041 | -€16,385 | -7.4% |
| Tangible fixed assets | 22/27 | €221,426 | €205,041 | -€16,385 | -7.4% |
| Land and buildings | 22 | €218,997 | €203,000 | -€15,997 | -7.3% |
| Plant, machinery and equipment | 23 | €484 | €950 | +€466 | +96.4% |
| Furniture and vehicles | 24 | €1,946 | €1,091 | -€855 | -43.9% |
| Current assets | 29/58 | €103,629 | €95,922 | -€7,707 | -7.4% |
| Stocks and contracts in progress | 3 | €75,510 | €70,296 | -€5,215 | -6.9% |
| Stocks | 30/36 | €75,510 | €70,296 | -€5,215 | -6.9% |
| Amounts receivable within one year | 40/41 | €11,189 | €13,202 | +€2,013 | +18.0% |
| Trade receivables | 40 | €9,516 | €6,491 | -€3,025 | -31.8% |
| Other amounts receivable | 41 | €1,673 | €6,711 | +€5,038 | +301% |
| Current investments | 50/53 | €0 | - | -€0 | |
| Cash at bank and in hand | 54/58 | €16,930 | €8,527 | -€8,403 | -49.6% |
| Deferred charges and accrued income | 490/1 | - | €3,898 | +€3,898 | |
| Total equity and liabilities | 10/49 | €325,056 | €300,964 | -€24,092 | -7.4% |
| Equity | 10/15 | €113,037 | €92,321 | -€20,716 | -18.3% |
| Contributions | 10/11 | €22,700 | €22,700 | = | 0.0% |
| Reserves | 13 | €90,337 | €80,557 | -€9,780 | -10.8% |
| Distributable reserves | 133 | €90,337 | €80,557 | -€9,780 | -10.8% |
| Profit (loss) carried forward | 14 | - | -€10,936 | -€10,936 | |
| Amounts payable | 17/49 | €212,019 | €208,643 | -€3,376 | -1.6% |
| Amounts payable after more than one year | 17 | €55,148 | €31,150 | -€23,998 | -43.5% |
| Financial debts | 170/4 | €55,148 | €31,150 | -€23,998 | -43.5% |
| Amounts payable within one year | 42/48 | €156,870 | €177,493 | +€20,622 | +13.1% |
| Current portion of amounts payable after more than one year | 42 | €23,207 | €23,998 | +€791 | +3.4% |
| Financial debts | 43 | €30,000 | €49,681 | +€19,681 | +65.6% |
| Credit institutions | 430/8 | €30,000 | €49,681 | +€19,681 | +65.6% |
| Trade debts | 44 | €18,418 | €22,896 | +€4,478 | +24.3% |
| Suppliers | 440/4 | €18,418 | €22,896 | +€4,478 | +24.3% |
| Taxes, remuneration and social security | 45 | €10,762 | €8,456 | -€2,306 | -21.4% |
| Taxes | 450/3 | €8,527 | €8,456 | -€71 | -0.8% |
| Remuneration and social security | 454/9 | €2,235 | - | -€2,235 | |
| Other amounts payable | 47/48 | €74,483 | €72,461 | -€2,022 | -2.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,001 | €17,225 | +€224 | +1.3% |
| Other operating charges | 640/8 | €2,714 | €3,106 | +€392 | +14.4% |
| Gross operating margin | 9900 | €47,962 | €5,132 | -€42,831 | -89.3% |
| Operating profit (loss) | 9901 | €28,247 | -€15,200 | -€43,446 | |
| Financial income | 75/76B | €0 | €30 | +€30 | +42,914% |
| Recurring financial income | 75 | €0 | €30 | +€30 | +42,914% |
| Financial charges | 65/66B | €6,689 | €5,547 | -€1,142 | -17.1% |
| Recurring financial charges | 65 | €6,689 | €5,547 | -€1,142 | -17.1% |
| Profit (loss) for the period before taxes | 9903 | €21,557 | -€20,716 | -€42,274 | |
| Income taxes | 67/77 | €6,327 | - | -€6,327 | |
| Profit (loss) for the period | 9904 | €15,230 | -€20,716 | -€35,947 | |
| Profit (loss) for the period to be appropriated | 9905 | €15,230 | -€20,716 | -€35,947 |
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 1 November 2026 via checked.be.