EURAXI: 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.
EURAXI
Largest movements
- Tangible fixed assets -€15,903
down €15,903 (-100%), from €15,903 to €0
- Cash -€6,952
down €6,952 (-43.1%), from €16,143 to €9,190
mainly Tax, wage and social debts (-€23,613) and Net result for the year (-€23,119)
- Receivables within one year +€4,117
up €4,117 (+312%), from €1,321 to €5,438
of which Trade receivables: +€4,988
- Financial fixed assets -€1,102
down €1,102 (-74.8%), from €1,474 to €372
- Deferred charges and accrued income -€737
down €737 (-80.4%), from €917 to €180
- Other debts +€24,973
up €24,973 (+5.4%), from €462,312 to €487,285
- Tax, wage and social debts -€23,613
down €23,613 (-80.5%), from €29,344 to €5,731
of which Remuneration and social security: -€25,262
- Profit (loss) carried forward -€23,119
down €23,119 (-4.9%), from -€472,350 to -€495,469
- Accrued charges and deferred income +€3,038
up €3,038 (+66.1%), from €4,593 to €7,632
- Trade debts -€1,857
down €1,857 (-100%), from €1,857 to €0
- Staff costs -€139,998
down €139,998 (-74.6%), from €187,698 to €47,700
- Gross operating margin +€103,341
up €103,341, from -€47,390 to €55,951
- Write-downs -€56,573
down €56,573, from €28,286 to -€28,286
- Other operating charges +€34,304
up €34,304 (+2,875%), from €1,193 to €35,497
- Depreciation -€5,685
down €5,685 (-100%), from €5,685 to €0
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 | €35,757 | €15,180 | -€20,577 | -57.5% |
| Fixed assets | 21/28 | €17,377 | €372 | -€17,005 | -97.9% |
| Tangible fixed assets | 22/27 | €15,903 | €0 | -€15,903 | -100% |
| Furniture and vehicles | 24 | €15,903 | €0 | -€15,903 | -100% |
| Financial fixed assets | 28 | €1,474 | €372 | -€1,102 | -74.8% |
| Current assets | 29/58 | €18,381 | €14,808 | -€3,573 | -19.4% |
| Amounts receivable within one year | 40/41 | €1,321 | €5,438 | +€4,117 | +312% |
| Trade receivables | 40 | €450 | €5,438 | +€4,988 | +1,108% |
| Other amounts receivable | 41 | €871 | €0 | -€871 | -100% |
| Cash at bank and in hand | 54/58 | €16,143 | €9,190 | -€6,952 | -43.1% |
| Deferred charges and accrued income | 490/1 | €917 | €180 | -€737 | -80.4% |
| Total equity and liabilities | 10/49 | €35,757 | €15,180 | -€20,577 | -57.5% |
| Equity | 10/15 | -€462,350 | -€485,469 | -€23,119 | -5.0% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€472,350 | -€495,469 | -€23,119 | -4.9% |
| Amounts payable | 17/49 | €498,107 | €500,649 | +€2,542 | +0.5% |
| Amounts payable within one year | 42/48 | €493,514 | €493,017 | -€497 | -0.1% |
| Trade debts | 44 | €1,857 | €0 | -€1,857 | -100% |
| Suppliers | 440/4 | €1,857 | €0 | -€1,857 | -100% |
| Taxes, remuneration and social security | 45 | €29,344 | €5,731 | -€23,613 | -80.5% |
| Taxes | 450/3 | €4,083 | €5,731 | +€1,649 | +40.4% |
| Remuneration and social security | 454/9 | €25,262 | €0 | -€25,262 | -100% |
| Other amounts payable | 47/48 | €462,312 | €487,285 | +€24,973 | +5.4% |
| Accrued charges and deferred income | 492/3 | €4,593 | €7,632 | +€3,038 | +66.1% |
| Remuneration, social security and pensions | 62 | €187,698 | €47,700 | -€139,998 | -74.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,685 | €0 | -€5,685 | -100% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €28,286 | -€28,286 | -€56,573 | |
| Other operating charges | 640/8 | €1,193 | €35,497 | +€34,304 | +2,875% |
| Non-recurring operating charges | 66A | - | €14,440 | +€14,440 | |
| Gross operating margin | 9900 | -€47,390 | €55,951 | +€103,341 | |
| Operating profit (loss) | 9901 | -€270,252 | -€13,400 | +€256,852 | +95.0% |
| Financial charges | 65/66B | €4,965 | €9,621 | +€4,656 | +93.8% |
| Recurring financial charges | 65 | €4,965 | €9,621 | +€4,656 | +93.8% |
| Profit (loss) for the period before taxes | 9903 | -€275,218 | -€23,022 | +€252,196 | +91.6% |
| Income taxes | 67/77 | €213 | €97 | -€116 | -54.3% |
| Profit (loss) for the period | 9904 | -€275,431 | -€23,119 | +€252,312 | +91.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€275,431 | -€23,119 | +€252,312 | +91.6% |
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 17 October 2026 via checked.be.