AXYS Technologies: 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.
AXYS Technologies
Largest movements
- Receivables within one year -€2.1m
down €2.1m (-74.4%), from €2.8m to €727,220
of which Trade receivables: -€2.0m
- Cash +€324,062
up €324,062 (+53.0%), from €611,561 to €935,623
mainly Receivables within one year (+€2.1m) and Advances received (+€364,325)
- Tangible fixed assets +€143,668
up €143,668 (+178%), from €80,706 to €224,374
- Stocks and contracts -€102,350
down €102,350 (-100%), from €102,350 to €0
- Trade debts -€1.6m
down €1.6m (-95.3%), from €1.7m to €79,944
- Other debts -€613,395
down €613,395 (-28.4%), from €2.2m to €1.5m
- Advances received +€364,325
up €364,325, from €0 to €364,325
- Profit (loss) carried forward +€94,969
up €94,969 (+3.1%), from -€3.1m to -€3.0m
- Accrued charges and deferred income +€52,456
up €52,456 (+11.7%), from €449,482 to €501,937
- Gross operating margin -€246,372
down €246,372 (-43.3%), from €568,893 to €322,521
- Other operating charges -€182,396
down €182,396 (-99.9%), from €182,640 to €244
- Staff costs +€72,675
up €72,675 (+303%), from €23,979 to €96,654
- Depreciation +€17,330
up €17,330 (+39.7%), from €43,702 to €61,032
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 | €3,653,895 | €1,926,674 | -€1.7m | -47.3% |
| Fixed assets | 21/28 | €97,772 | €263,607 | +€165,836 | +170% |
| Tangible fixed assets | 22/27 | €80,706 | €224,374 | +€143,668 | +178% |
| Plant, machinery and equipment | 23 | €80,706 | €224,374 | +€143,668 | +178% |
| Financial fixed assets | 28 | €17,066 | €39,233 | +€22,168 | +130% |
| Current assets | 29/58 | €3,556,123 | €1,663,066 | -€1.9m | -53.2% |
| Stocks and contracts in progress | 3 | €102,350 | €0 | -€102,350 | -100% |
| Stocks | 30/36 | €102,350 | €0 | -€102,350 | -100% |
| Amounts receivable within one year | 40/41 | €2,842,213 | €727,220 | -€2.1m | -74.4% |
| Trade receivables | 40 | €2,650,505 | €696,706 | -€2.0m | -73.7% |
| Other amounts receivable | 41 | €191,708 | €30,514 | -€161,194 | -84.1% |
| Cash at bank and in hand | 54/58 | €611,561 | €935,623 | +€324,062 | +53.0% |
| Deferred charges and accrued income | 490/1 | - | €223 | +€223 | |
| Total equity and liabilities | 10/49 | €3,653,895 | €1,926,674 | -€1.7m | -47.3% |
| Equity | 10/15 | -€1,076,465 | -€981,496 | +€94,969 | +8.8% |
| Contributions | 10/11 | €1,741,500 | €1,741,500 | = | 0.0% |
| Capital | 10 | €1,741,500 | €1,741,500 | = | 0.0% |
| Issued capital | 100 | €1,741,500 | €1,741,500 | = | 0.0% |
| Reserves | 13 | €275,320 | €275,320 | = | 0.0% |
| Non-distributable reserves | 130/1 | €13,766 | €13,766 | = | 0.0% |
| Legal reserve | 130 | €13,766 | €13,766 | = | 0.0% |
| Distributable reserves | 133 | €261,554 | €261,554 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,093,285 | -€2,998,316 | +€94,969 | +3.1% |
| Amounts payable | 17/49 | €4,730,360 | €2,908,170 | -€1.8m | -38.5% |
| Amounts payable after more than one year | 17 | €400,000 | €400,000 | = | 0.0% |
| Financial debts | 170/4 | €400,000 | €400,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €3,880,878 | €2,006,232 | -€1.9m | -48.3% |
| Trade debts | 44 | €1,706,251 | €79,944 | -€1.6m | -95.3% |
| Suppliers | 440/4 | €1,706,251 | €79,944 | -€1.6m | -95.3% |
| Advances received on contracts in progress | 46 | €0 | €364,325 | +€364,325 | |
| Taxes, remuneration and social security | 45 | €11,344 | €12,074 | +€730 | +6.4% |
| Taxes | 450/3 | €1,149 | €1,228 | +€79 | +6.8% |
| Remuneration and social security | 454/9 | €10,195 | €10,846 | +€652 | +6.4% |
| Other amounts payable | 47/48 | €2,163,284 | €1,549,889 | -€613,395 | -28.4% |
| Accrued charges and deferred income | 492/3 | €449,482 | €501,937 | +€52,456 | +11.7% |
| Remuneration, social security and pensions | 62 | €23,979 | €96,654 | +€72,675 | +303% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €43,702 | €61,032 | +€17,330 | +39.7% |
| Other operating charges | 640/8 | €182,640 | €244 | -€182,396 | -99.9% |
| Gross operating margin | 9900 | €568,893 | €322,521 | -€246,372 | -43.3% |
| Operating profit (loss) | 9901 | €318,572 | €164,591 | -€153,982 | -48.3% |
| Financial income | 75/76B | €229 | €441 | +€212 | +92.9% |
| Recurring financial income | 75 | €229 | €441 | +€212 | +92.9% |
| Financial charges | 65/66B | €66,185 | €70,063 | +€3,878 | +5.9% |
| Recurring financial charges | 65 | €66,185 | €70,063 | +€3,878 | +5.9% |
| Profit (loss) for the period before taxes | 9903 | €252,616 | €94,969 | -€157,647 | -62.4% |
| Profit (loss) for the period | 9904 | €252,616 | €94,969 | -€157,647 | -62.4% |
| Profit (loss) for the period to be appropriated | 9905 | €252,616 | €94,969 | -€157,647 | -62.4% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.