Axxon Accountants: 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.
Axxon Accountants
Largest movements
- Cash -€1.0m
down €1.0m (-80.6%), from €1.3m to €246,803
mainly Contributions, distributions and other (-€2.1m) and Receivables within one year (-€738,553)
- Receivables within one year +€738,553
up €738,553 (+91.0%), from €811,634 to €1.6m
of which Trade receivables: +€786,032
- Tangible fixed assets +€80,908
up €80,908 (+348%), from €23,228 to €104,136
of which Other tangible fixed assets: +€68,497
- Intangible fixed assets +€43,879
up €43,879 (+66.2%), from €66,251 to €110,131
- Profit (loss) carried forward -€1.4m
down €1.4m (-99.0%), from €1.4m to €14,383
- Other debts +€982,672
up €982,672 (+2,102%), from €46,744 to €1.0m
- Tax, wage and social debts -€494,858
down €494,858 (-94.4%), from €524,113 to €29,255
of which Taxes: -€499,503
- Trade debts +€492,541
up €492,541 (+365%), from €134,842 to €627,383
- Current portion of long-term debt +€293,991
up €293,991 (+896%), from €32,801 to €326,792
- Gross operating margin -€394,032
down €394,032 (-28.5%), from €1.4m to €987,541
- Taxes -€318,528
down €318,528 (-99.6%), from €319,891 to €1,363
- Staff costs +€83,504
up €83,504 (+59.7%), from €139,787 to €223,291
- Financial income +€68,452
up €68,452 (+907%), from €7,550 to €76,002
- Depreciation +€40,977
up €40,977 (+561%), from €7,302 to €48,278
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 | €2,207,771 | €2,050,762 | -€157,009 | -7.1% |
| Fixed assets | 21/28 | €89,479 | €214,266 | +€124,787 | +139% |
| Intangible fixed assets | 21 | €66,251 | €110,131 | +€43,879 | +66.2% |
| Tangible fixed assets | 22/27 | €23,228 | €104,136 | +€80,908 | +348% |
| Furniture and vehicles | 24 | €4,788 | €17,200 | +€12,411 | +259% |
| Other tangible fixed assets | 26 | €18,439 | €86,936 | +€68,497 | +371% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €2,118,292 | €1,836,496 | -€281,796 | -13.3% |
| Amounts receivable within one year | 40/41 | €811,634 | €1,550,187 | +€738,553 | +91.0% |
| Trade receivables | 40 | €521,311 | €1,307,343 | +€786,032 | +151% |
| Other amounts receivable | 41 | €290,323 | €242,844 | -€47,479 | -16.4% |
| Cash at bank and in hand | 54/58 | €1,274,879 | €246,803 | -€1.0m | -80.6% |
| Deferred charges and accrued income | 490/1 | €31,778 | €39,506 | +€7,728 | +24.3% |
| Total equity and liabilities | 10/49 | €2,207,771 | €2,050,762 | -€157,009 | -7.1% |
| Equity | 10/15 | €1,433,338 | €34,843 | -€1.4m | -97.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,412,878 | €14,383 | -€1.4m | -99.0% |
| Amounts payable | 17/49 | €774,432 | €2,015,919 | +€1.2m | +160% |
| Amounts payable after more than one year | 17 | €35,932 | €2,779 | -€33,154 | -92.3% |
| Financial debts | 170/4 | €35,932 | €2,779 | -€33,154 | -92.3% |
| Amounts payable within one year | 42/48 | €738,500 | €2,013,141 | +€1.3m | +173% |
| Current portion of amounts payable after more than one year | 42 | €32,801 | €326,792 | +€293,991 | +896% |
| Financial debts | 43 | - | €294 | +€294 | |
| Credit institutions | 430/8 | - | €294 | +€294 | |
| Trade debts | 44 | €134,842 | €627,383 | +€492,541 | +365% |
| Suppliers | 440/4 | €134,842 | €627,383 | +€492,541 | +365% |
| Taxes, remuneration and social security | 45 | €524,113 | €29,255 | -€494,858 | -94.4% |
| Taxes | 450/3 | €500,724 | €1,221 | -€499,503 | -99.8% |
| Remuneration and social security | 454/9 | €23,389 | €28,034 | +€4,645 | +19.9% |
| Other amounts payable | 47/48 | €46,744 | €1,029,416 | +€982,672 | +2,102% |
| Remuneration, social security and pensions | 62 | €139,787 | €223,291 | +€83,504 | +59.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,302 | €48,278 | +€40,977 | +561% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | €7,329 | +€7,329 | |
| Other operating charges | 640/8 | €44,916 | €50,928 | +€6,011 | +13.4% |
| Non-recurring operating charges | 66A | - | €73,373 | +€73,373 | |
| Gross operating margin | 9900 | €1,381,573 | €987,541 | -€394,032 | -28.5% |
| Operating profit (loss) | 9901 | €1,189,568 | €584,341 | -€605,227 | -50.9% |
| Financial income | 75/76B | €7,550 | €76,002 | +€68,452 | +907% |
| Recurring financial income | 75 | €7,550 | €76,002 | +€68,452 | +907% |
| Financial charges | 65/66B | €1,742 | €4,598 | +€2,855 | +164% |
| Recurring financial charges | 65 | €1,742 | €4,598 | +€2,855 | +164% |
| Profit (loss) for the period before taxes | 9903 | €1,195,376 | €655,746 | -€539,630 | -45.1% |
| Income taxes | 67/77 | €319,891 | €1,363 | -€318,528 | -99.6% |
| Profit (loss) for the period | 9904 | €875,485 | €654,383 | -€221,103 | -25.3% |
| Profit (loss) for the period to be appropriated | 9905 | €875,485 | €654,383 | -€221,103 | -25.3% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.