DAXEL GROUP: 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.
DAXEL GROUP
Largest movements
- Receivables within one year -€50,814
down €50,814 (-57.9%), from €87,809 to €36,995
of which Trade receivables: -€41,985
- Trade debts -€33,761
down €33,761 (-57.0%), from €59,262 to €25,501
- Profit (loss) carried forward -€9,481
down €9,481 (-51.0%), from €18,590 to €9,109
- Tax, wage and social debts -€4,247
down €4,247 (-95.3%), from €4,458 to €211
of which Taxes: -€2,677
- Other debts -€2,550
down €2,550 (-71.4%), from €3,572 to €1,022
- Gross operating margin -€14,001
down €14,001, from €9,916 to -€4,085
- Other operating charges +€2,124
up €2,124 (+197%), from €1,081 to €3,205
- Taxes -€848
down €848 (-29.4%), from €2,888 to €2,040
- Financial charges -€179
down €179 (-54.2%), from €330 to €151
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 | €87,882 | €37,843 | -€50,039 | -56.9% |
| Current assets | 29/58 | €87,882 | €37,843 | -€50,039 | -56.9% |
| Amounts receivable within one year | 40/41 | €87,809 | €36,995 | -€50,814 | -57.9% |
| Trade receivables | 40 | €78,684 | €36,700 | -€41,985 | -53.4% |
| Other amounts receivable | 41 | €9,125 | €295 | -€8,830 | -96.8% |
| Cash at bank and in hand | 54/58 | €73 | €848 | +€775 | +1,062% |
| Total equity and liabilities | 10/49 | €87,882 | €37,843 | -€50,039 | -56.9% |
| Equity | 10/15 | €18,590 | €9,109 | -€9,481 | -51.0% |
| Profit (loss) carried forward | 14 | €18,590 | €9,109 | -€9,481 | -51.0% |
| Amounts payable | 17/49 | €69,292 | €28,735 | -€40,557 | -58.5% |
| Amounts payable within one year | 42/48 | €69,292 | €28,735 | -€40,557 | -58.5% |
| Trade debts | 44 | €59,262 | €25,501 | -€33,761 | -57.0% |
| Suppliers | 440/4 | €59,262 | €25,501 | -€33,761 | -57.0% |
| Advances received on contracts in progress | 46 | €2,000 | €2,000 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €4,458 | €211 | -€4,247 | -95.3% |
| Taxes | 450/3 | €2,888 | €211 | -€2,677 | -92.7% |
| Remuneration and social security | 454/9 | €1,570 | - | -€1,570 | |
| Other amounts payable | 47/48 | €3,572 | €1,022 | -€2,550 | -71.4% |
| Other operating charges | 640/8 | €1,081 | €3,205 | +€2,124 | +197% |
| Gross operating margin | 9900 | €9,916 | -€4,085 | -€14,001 | |
| Operating profit (loss) | 9901 | €8,835 | -€7,291 | -€16,126 | |
| Financial charges | 65/66B | €330 | €151 | -€179 | -54.2% |
| Recurring financial charges | 65 | €330 | €151 | -€179 | -54.2% |
| Profit (loss) for the period before taxes | 9903 | €8,505 | -€7,442 | -€15,947 | |
| Income taxes | 67/77 | €2,888 | €2,040 | -€848 | -29.4% |
| Profit (loss) for the period | 9904 | €5,617 | -€9,482 | -€15,099 | |
| Profit (loss) for the period to be appropriated | 9905 | €5,617 | -€9,482 | -€15,099 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.