DAXANT: 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.
DAXANT
Largest movements
- Receivables within one year +€688,784
up €688,784 (+142.1%), from €484,847 to €1.2m
of which Trade receivables: +€680,744
- Cash -€189,910
down €189,910 (-40.3%), from €471,126 to €281,216
mainly Receivables within one year (-€688,784) and Investment in fixed assets (net) (-€100,817)
- Financial fixed assets +€99,235
up €99,235 (+1261.0%), from €7,870 to €107,105
- Tangible fixed assets -€33,502
down €33,502 (-6.6%), from €505,016 to €471,515
of which Land and buildings: -€23,125
- Trade debts +€499,696
up €499,696 (+580.3%), from €86,112 to €585,808
- Profit (loss) carried forward +€31,932
no longer reported in 2025 (was -€31,932)
- Gross operating margin -€40,981
down €40,981 (-20.6%), from €198,467 to €157,486
- Provisions +€11,899
no longer reported in 2025 (was -€11,899)
- Taxes +€10,278
new in 2025: €10,278
- Staff costs +€8,112
up €8,112 (+17.3%), from €46,904 to €55,016
- Other operating charges -€6,134
down €6,134 (-49.3%), from €12,431 to €6,298
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 | €1,481,397 | €2,035,292 | +€553,895 | +37.4% |
| Fixed assets | 21/28 | €512,886 | €578,620 | +€65,734 | +12.8% |
| Tangible fixed assets | 22/27 | €505,016 | €471,515 | -€33,502 | -6.6% |
| Land and buildings | 22 | €460,689 | €437,565 | -€23,125 | -5.0% |
| Plant, machinery and equipment | 23 | €40,022 | €31,666 | -€8,356 | -20.9% |
| Furniture and vehicles | 24 | €4,305 | €2,284 | -€2,021 | -46.9% |
| Financial fixed assets | 28 | €7,870 | €107,105 | +€99,235 | +1261.0% |
| Current assets | 29/58 | €968,511 | €1,456,672 | +€488,161 | +50.4% |
| Stocks and contracts in progress | 3 | €7,041 | €1,317 | -€5,725 | -81.3% |
| Stocks | 30/36 | €7,041 | €1,317 | -€5,725 | -81.3% |
| Amounts receivable within one year | 40/41 | €484,847 | €1,173,631 | +€688,784 | +142.1% |
| Trade receivables | 40 | €326,360 | €1,007,104 | +€680,744 | +208.6% |
| Other amounts receivable | 41 | €158,487 | €166,527 | +€8,040 | +5.1% |
| Cash at bank and in hand | 54/58 | €471,126 | €281,216 | -€189,910 | -40.3% |
| Deferred charges and accrued income | 490/1 | €5,497 | €508 | -€4,988 | -90.8% |
| Total equity and liabilities | 10/49 | €1,481,397 | €2,035,292 | +€553,895 | +37.4% |
| Equity | 10/15 | €695,984 | €729,979 | +€33,995 | +4.9% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €665,916 | €667,979 | +€2,062 | +0.3% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €659,716 | €661,779 | +€2,062 | +0.3% |
| Profit (loss) carried forward | 14 | -€31,932 | - | +€31,932 | |
| Amounts payable | 17/49 | €785,413 | €1,305,313 | +€519,900 | +66.2% |
| Amounts payable within one year | 42/48 | €785,413 | €1,305,313 | +€519,900 | +66.2% |
| Current portion of amounts payable after more than one year | 42 | €1,701 | €1,688 | -€13 | -0.8% |
| Financial debts | 43 | €150,000 | €150,000 | = | 0.0% |
| Credit institutions | 430/8 | €150,000 | €150,000 | = | 0.0% |
| Trade debts | 44 | €86,112 | €585,808 | +€499,696 | +580.3% |
| Suppliers | 440/4 | €86,112 | €585,808 | +€499,696 | +580.3% |
| Taxes, remuneration and social security | 45 | €4,961 | €5,188 | +€227 | +4.6% |
| Remuneration and social security | 454/9 | €4,961 | €5,188 | +€227 | +4.6% |
| Other amounts payable | 47/48 | €542,638 | €562,629 | +€19,991 | +3.7% |
| Remuneration, social security and pensions | 62 | €46,904 | €55,016 | +€8,112 | +17.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,877 | €35,083 | -€2,794 | -7.4% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€11,899 | - | +€11,899 | |
| Other operating charges | 640/8 | €12,431 | €6,298 | -€6,134 | -49.3% |
| Gross operating margin | 9900 | €198,467 | €157,486 | -€40,981 | -20.6% |
| Operating profit (loss) | 9901 | €113,154 | €61,089 | -€52,065 | -46.0% |
| Financial income | 75/76B | €2,993 | €3,135 | +€142 | +4.7% |
| Recurring financial income | 75 | €2,993 | €3,135 | +€142 | +4.7% |
| Financial charges | 65/66B | €14,306 | €19,952 | +€5,645 | +39.5% |
| Recurring financial charges | 65 | €14,306 | €19,952 | +€5,645 | +39.5% |
| Profit (loss) for the period before taxes | 9903 | €101,840 | €44,272 | -€57,568 | -56.5% |
| Income taxes | 67/77 | - | €10,278 | +€10,278 | |
| Profit (loss) for the period | 9904 | €101,840 | €33,995 | -€67,846 | -66.6% |
| Profit (loss) for the period to be appropriated | 9905 | €101,840 | €33,995 | -€67,846 | -66.6% |
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 3 October 2026 via checked.be.