Axxit: 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.
Axxit
Largest movements
- Receivables within one year +€85,182
up €85,182 (+97.2%), from €87,642 to €172,823
of which Trade receivables: +€86,577
- Cash +€78,710
up €78,710 (+994.5%), from €7,915 to €86,625
mainly Net result for the year (+€90,183) and Trade debts (+€66,495)
- Tangible fixed assets -€23,067
down €23,067 (-6.1%), from €375,504 to €352,437
of which Land and buildings: -€17,723
- Profit (loss) carried forward +€90,183
up €90,183, from -€37,151 to €53,032
- Trade debts +€66,495
up €66,495 (+511.2%), from €13,008 to €79,504
- Debts after one year -€22,916
down €22,916 (-8.3%), from €276,803 to €253,886
- Short-term financial debts +€15,000
up €15,000 (+25.0%), from €60,000 to €75,000
- Gross operating margin +€156,723
up €156,723 (+30.9%), from €507,468 to €664,191
- Staff costs -€29,460
down €29,460 (-5.7%), from €517,769 to €488,310
- Taxes +€19,699
up €19,699 (+1109.5%), from €1,775 to €21,474
- Financial charges +€14,653
up €14,653 (+83.7%), from €17,511 to €32,164
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 | €473,230 | €612,248 | +€139,018 | +29.4% |
| Fixed assets | 21/28 | €375,504 | €352,437 | -€23,067 | -6.1% |
| Tangible fixed assets | 22/27 | €375,504 | €352,437 | -€23,067 | -6.1% |
| Land and buildings | 22 | €354,617 | €336,894 | -€17,723 | -5.0% |
| Plant, machinery and equipment | 23 | €4,853 | €4,857 | +€4 | +0.1% |
| Furniture and vehicles | 24 | €16,035 | €10,686 | -€5,349 | -33.4% |
| Current assets | 29/58 | €97,726 | €259,811 | +€162,085 | +165.9% |
| Amounts receivable within one year | 40/41 | €87,642 | €172,823 | +€85,182 | +97.2% |
| Trade receivables | 40 | €86,242 | €172,819 | +€86,577 | +100.4% |
| Other amounts receivable | 41 | €1,400 | €4 | -€1,396 | -99.7% |
| Cash at bank and in hand | 54/58 | €7,915 | €86,625 | +€78,710 | +994.5% |
| Deferred charges and accrued income | 490/1 | €2,170 | €363 | -€1,807 | -83.3% |
| Total equity and liabilities | 10/49 | €473,230 | €612,248 | +€139,018 | +29.4% |
| Equity | 10/15 | -€16,746 | €73,437 | +€90,183 | |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €1,855 | €1,855 | = | 0.0% |
| Distributable reserves | 133 | €1,855 | €1,855 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€37,151 | €53,032 | +€90,183 | |
| Amounts payable | 17/49 | €489,976 | €538,811 | +€48,835 | +10.0% |
| Amounts payable after more than one year | 17 | €276,803 | €253,886 | -€22,916 | -8.3% |
| Financial debts | 170/4 | €276,803 | €253,886 | -€22,916 | -8.3% |
| Amounts payable within one year | 42/48 | €213,174 | €284,925 | +€71,751 | +33.7% |
| Current portion of amounts payable after more than one year | 42 | €22,605 | €22,916 | +€311 | +1.4% |
| Financial debts | 43 | €60,000 | €75,000 | +€15,000 | +25.0% |
| Credit institutions | 430/8 | €60,000 | €75,000 | +€15,000 | +25.0% |
| Trade debts | 44 | €13,008 | €79,504 | +€66,495 | +511.2% |
| Suppliers | 440/4 | €13,008 | €79,504 | +€66,495 | +511.2% |
| Taxes, remuneration and social security | 45 | €82,560 | €76,736 | -€5,825 | -7.1% |
| Taxes | 450/3 | €31,983 | €29,170 | -€2,813 | -8.8% |
| Remuneration and social security | 454/9 | €50,577 | €47,565 | -€3,011 | -6.0% |
| Other amounts payable | 47/48 | €35,000 | €30,769 | -€4,231 | -12.1% |
| Remuneration, social security and pensions | 62 | €517,769 | €488,310 | -€29,460 | -5.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,893 | €27,397 | -€496 | -1.8% |
| Other operating charges | 640/8 | €5,042 | €4,725 | -€318 | -6.3% |
| Gross operating margin | 9900 | €507,468 | €664,191 | +€156,723 | +30.9% |
| Operating profit (loss) | 9901 | -€43,236 | €143,760 | +€186,997 | |
| Financial income | 75/76B | €0 | €61 | +€61 | |
| Recurring financial income | 75 | €0 | €61 | +€61 | |
| Financial charges | 65/66B | €17,511 | €32,164 | +€14,653 | +83.7% |
| Recurring financial charges | 65 | €17,511 | €32,164 | +€14,653 | +83.7% |
| Profit (loss) for the period before taxes | 9903 | -€60,747 | €111,657 | +€172,404 | |
| Income taxes | 67/77 | €1,775 | €21,474 | +€19,699 | +1109.5% |
| Profit (loss) for the period | 9904 | -€62,523 | €90,183 | +€152,705 | |
| Profit (loss) for the period to be appropriated | 9905 | -€62,523 | €90,183 | +€152,705 |
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.