NAXXOS: 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.
NAXXOS
Largest movements
- Cash +€301,574
up €301,574 (+125%), from €240,673 to €542,246
mainly Receivables within one year (+€279,399) and Investment in fixed assets (net) (+€52,263)
- Receivables within one year -€279,399
down €279,399 (-31.8%), from €877,994 to €598,595
of which Other amounts receivable: -€279,035
- Financial fixed assets -€52,263
down €52,263 (-14.8%), from €353,137 to €300,874
- Profit (loss) carried forward -€44,470
down €44,470 (-4.7%), from -€938,374 to -€982,844
- Financial charges +€48,636
up €48,636 (+6,320%), from €770 to €49,405
of which Non-recurring financial charges: +€48,513
- Financial income -€10,654
down €10,654 (-27.2%), from €39,182 to €28,528
- Gross operating margin +€2,908
up €2,908 (+13.3%), from -€21,862 to -€18,954
- Staff costs +€396
up €396, from -€396 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 | €1,775,177 | €1,728,595 | -€46,582 | -2.6% |
| Fixed assets | 21/28 | €353,137 | €300,874 | -€52,263 | -14.8% |
| Financial fixed assets | 28 | €353,137 | €300,874 | -€52,263 | -14.8% |
| Current assets | 29/58 | €1,422,040 | €1,427,721 | +€5,681 | +0.4% |
| Amounts receivable within one year | 40/41 | €877,994 | €598,595 | -€279,399 | -31.8% |
| Trade receivables | 40 | €364 | €0 | -€364 | -100% |
| Other amounts receivable | 41 | €877,630 | €598,595 | -€279,035 | -31.8% |
| Cash at bank and in hand | 54/58 | €240,673 | €542,246 | +€301,574 | +125% |
| Deferred charges and accrued income | 490/1 | €303,373 | €286,880 | -€16,493 | -5.4% |
| Total equity and liabilities | 10/49 | €1,775,177 | €1,728,595 | -€46,582 | -2.6% |
| Equity | 10/15 | €1,764,066 | €1,719,595 | -€44,470 | -2.5% |
| Contributions | 10/11 | €2,702,440 | €2,702,440 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€938,374 | -€982,844 | -€44,470 | -4.7% |
| Amounts payable | 17/49 | €11,111 | €9,000 | -€2,111 | -19.0% |
| Amounts payable within one year | 42/48 | €3,111 | €0 | -€3,111 | -100% |
| Trade debts | 44 | €3,098 | €0 | -€3,098 | -100% |
| Suppliers | 440/4 | €3,098 | €0 | -€3,098 | -100% |
| Taxes, remuneration and social security | 45 | €13 | €0 | -€13 | -100% |
| Taxes | 450/3 | €13 | €0 | -€13 | -100% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €8,000 | €9,000 | +€1,000 | +12.5% |
| Remuneration, social security and pensions | 62 | -€396 | €0 | +€396 | |
| Other operating charges | 640/8 | €968 | €998 | +€31 | +3.2% |
| Non-recurring operating charges | 66A | - | €3,750 | +€3,750 | |
| Gross operating margin | 9900 | -€21,862 | -€18,954 | +€2,908 | +13.3% |
| Operating profit (loss) | 9901 | -€22,434 | -€23,703 | -€1,269 | -5.7% |
| Financial income | 75/76B | €39,182 | €28,528 | -€10,654 | -27.2% |
| Recurring financial income | 75 | €39,182 | €28,528 | -€10,654 | -27.2% |
| Financial charges | 65/66B | €770 | €49,405 | +€48,636 | +6,320% |
| Recurring financial charges | 65 | €770 | €892 | +€123 | +16.0% |
| Non-recurring financial charges | 66B | - | €48,513 | +€48,513 | |
| Profit (loss) for the period before taxes | 9903 | €15,979 | -€44,580 | -€60,559 | |
| Income taxes | 67/77 | €0 | -€109 | -€109 | |
| Profit (loss) for the period | 9904 | €15,979 | -€44,470 | -€60,450 | |
| Profit (loss) for the period to be appropriated | 9905 | €15,979 | -€44,470 | -€60,450 |
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 31 October 2026 via checked.be.