AXYO: 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.
AXYO
Largest movements
- Stocks and contracts +€54,888
new in 2024: €54,888
- Receivables within one year -€21,408
down €21,408 (-73.7%), from €29,040 to €7,632
of which Trade receivables: -€28,992
- Cash +€17,757
up €17,757 (+43.0%), from €41,254 to €59,011
mainly Other debts (+€54,107) and Receivables within one year (+€21,408)
- Tangible fixed assets +€1,872
up €1,872 (+743.0%), from €252 to €2,123
- Other debts +€54,107
up €54,107 (+1121.8%), from €4,823 to €58,931
- Tax, wage and social debts -€4,633
down €4,633 (-60.1%), from €7,707 to €3,074
- Profit (loss) carried forward +€2,383
up €2,383 (+4.2%), from €56,555 to €58,938
- Purchases and services -€46,288
no longer reported in 2024 (was €46,288)
- Gross operating margin -€9,356
down €9,356 (-58.5%), from €16,003 to €6,647
- Taxes -€1,871
down €1,871 (-59.5%), from €3,145 to €1,274
- Depreciation +€413
up €413 (+107.5%), from €384 to €797
- Financial charges -€288
down €288 (-22.4%), from €1,285 to €997
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €71,310 | €124,014 | +€52,704 | +73.9% |
| Formation expenses | 20 | €551 | €360 | -€190 | -34.6% |
| Fixed assets | 21/28 | €252 | €2,123 | +€1,872 | +743.0% |
| Tangible fixed assets | 22/27 | €252 | €2,123 | +€1,872 | +743.0% |
| Furniture and vehicles | 24 | €252 | €2,123 | +€1,872 | +743.0% |
| Current assets | 29/58 | €70,508 | €121,530 | +€51,023 | +72.4% |
| Stocks and contracts in progress | 3 | - | €54,888 | +€54,888 | |
| Stocks | 30/36 | - | €54,888 | +€54,888 | |
| Amounts receivable within one year | 40/41 | €29,040 | €7,632 | -€21,408 | -73.7% |
| Trade receivables | 40 | €29,040 | €48 | -€28,992 | -99.8% |
| Other amounts receivable | 41 | - | €7,584 | +€7,584 | |
| Cash at bank and in hand | 54/58 | €41,254 | €59,011 | +€17,757 | +43.0% |
| Deferred charges and accrued income | 490/1 | €213 | €0 | -€213 | -100.0% |
| Total equity and liabilities | 10/49 | €71,310 | €124,014 | +€52,704 | +73.9% |
| Equity | 10/15 | €58,555 | €60,938 | +€2,383 | +4.1% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €56,555 | €58,938 | +€2,383 | +4.2% |
| Amounts payable | 17/49 | €12,755 | €63,076 | +€50,321 | +394.5% |
| Amounts payable within one year | 42/48 | €12,755 | €63,076 | +€50,321 | +394.5% |
| Trade debts | 44 | €224 | €1,071 | +€847 | +378.1% |
| Suppliers | 440/4 | €224 | €1,071 | +€847 | +378.1% |
| Taxes, remuneration and social security | 45 | €7,707 | €3,074 | -€4,633 | -60.1% |
| Taxes | 450/3 | €7,707 | €3,074 | -€4,633 | -60.1% |
| Other amounts payable | 47/48 | €4,823 | €58,931 | +€54,107 | +1121.8% |
| Goods, raw materials, services and sundry goods | 60/61 | €46,288 | - | -€46,288 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €384 | €797 | +€413 | +107.5% |
| Other operating charges | 640/8 | €1,250 | €1,159 | -€91 | -7.3% |
| Non-recurring operating charges | 66A | €368 | €36 | -€332 | -90.2% |
| Gross operating margin | 9900 | €16,003 | €6,647 | -€9,356 | -58.5% |
| Operating profit (loss) | 9901 | €14,000 | €4,654 | -€9,346 | -66.8% |
| Financial income | 75/76B | €0 | €0 | -€0 | -80.0% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -80.0% |
| Financial charges | 65/66B | €1,285 | €997 | -€288 | -22.4% |
| Recurring financial charges | 65 | €1,285 | €997 | -€288 | -22.4% |
| Profit (loss) for the period before taxes | 9903 | €12,716 | €3,657 | -€9,058 | -71.2% |
| Income taxes | 67/77 | €3,145 | €1,274 | -€1,871 | -59.5% |
| Profit (loss) for the period | 9904 | €9,570 | €2,383 | -€7,188 | -75.1% |
| Profit (loss) for the period to be appropriated | 9905 | €9,570 | €2,383 | -€7,188 | -75.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.