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AXISIO: 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.

What changed

AXISIO

BE 0406.837.992
NACE 66.220, Insurance agents and brokers
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€195,085
2024 · €100,915+€94,171
Equity
€281,225
2024 · €271,140+€10,085
Cash
€15,440
2024 · €63,508-€48,068
Balance sheet total
€1.0m
2024 · €1.1m-€78,178

Largest movements

2024 to 2025
Assets
  • Cash -€48,068

    down €48,068 (-75.7%), from €63,508 to €15,440

    mainly Contributions, distributions and other (-€185,000) and Short-term financial debts (-€72,992)

  • Receivables within one year -€14,855

    down €14,855 (-16.7%), from €89,113 to €74,258

    of which Other amounts receivable: -€49,769

  • Tangible fixed assets -€13,607

    down €13,607 (-2.9%), from €466,793 to €453,186

    of which Furniture and vehicles: -€23,882

Equity and liabilities
  • Short-term financial debts -€72,992

    down €72,992 (-88.0%), from €82,968 to €9,976

    of which Credit institutions: -€75,184

  • Trade debts -€31,412

    down €31,412 (-43.8%), from €71,707 to €40,295

    of which Suppliers: -€31,412

  • Other debts +€26,994

    up €26,994 (+15.3%), from €176,359 to €203,353

  • Provisions -€24,242

    down €24,242 (-71.9%), from €33,718 to €9,476

    of which Provisions for liabilities and charges: -€23,469

  • Debts after one year +€13,687

    up €13,687 (+3.9%), from €354,175 to €367,862

Income statement
  • Gross operating margin +€60,760

    up €60,760 (+11.5%), from €527,002 to €587,762

  • Provisions -€46,937

    down €46,937, from €23,469 to -€23,469

  • Financial charges +€26,954

    up €26,954 (+172.1%), from €15,663 to €42,617

  • Depreciation -€24,261

    down €24,261 (-36.4%), from €66,576 to €42,315

  • Staff costs -€20,643

    down €20,643 (-7.6%), from €270,552 to €249,910

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €100,915
Gross operating margin +€60,760
Staff costs +€20,643
Depreciation +€24,261
Provisions +€46,937
Other operating charges -€1,436
Other operating items -€9,690
Financial income -€484
Financial charges -€26,954
Taxes -€15,325
Deferred taxes and other -€4,542
Result 2025 €195,085

Cash bridge derived

cash 2024 to 2025

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.

From operations +€217,724
Investment -€27,248
Financing -€238,544
Cash 2024 €63,508
Net result for the year +€195,085
Depreciation +€42,315
Receivables within one year +€14,855
Smaller working-capital items +€226
Provisions -€24,242
Trade debts -€31,412
Tax, wage and social debts -€6,096
Other debts +€26,994
Investment in fixed assets (net) -€27,248
Debts after one year +€13,687
Current portion of long-term debt +€5,760
Short-term financial debts -€72,992
Contributions, distributions and other -€185,000
Cash 2025 €15,440
Every line side by side 60 lines
Line Code 2024 2025 Change %
Total assets 20/58 €1,100,432 €1,022,255 -€78,178 -7.1%
Fixed assets 21/28 €471,802 €456,735 -€15,067 -3.2%
Intangible fixed assets 21 €5,009 €3,549 -€1,460 -29.1%
Tangible fixed assets 22/27 €466,793 €453,186 -€13,607 -2.9%
Land and buildings 22 €411,642 €421,917 +€10,275 +2.5%
Furniture and vehicles 24 €55,151 €31,268 -€23,882 -43.3%
Current assets 29/58 €628,630 €565,519 -€63,110 -10.0%
Amounts receivable after more than one year 29 €467,760 €467,760 = 0.0%
Other amounts receivable 291 €467,760 €467,760 = 0.0%
Amounts receivable within one year 40/41 €89,113 €74,258 -€14,855 -16.7%
Trade receivables 40 €7,771 €42,685 +€34,914 +449.3%
Other amounts receivable 41 €81,342 €31,573 -€49,769 -61.2%
Cash at bank and in hand 54/58 €63,508 €15,440 -€48,068 -75.7%
Deferred charges and accrued income 490/1 €8,249 €8,061 -€188 -2.3%
Total equity and liabilities 10/49 €1,100,432 €1,022,255 -€78,178 -7.1%
Equity 10/15 €271,140 €281,225 +€10,085 +3.7%
Contributions 10/11 €25,000 €25,000 = 0.0%
Reserves 13 €245,747 €243,427 -€2,321 -0.9%
Non-distributable reserves 130/1 €0 - =
Reserves not available under the articles 1311 €0 - =
Tax-exempt reserves 132 €30,747 €28,427 -€2,321 -7.5%
Distributable reserves 133 €215,000 €215,000 = 0.0%
Profit (loss) carried forward 14 €393 €12,799 +€12,406 +3157.7%
Provisions and deferred taxes 16 €33,718 €9,476 -€24,242 -71.9%
Provisions for liabilities and charges 160/5 €23,469 €0 -€23,469 -100.0%
Other liabilities and charges 164/5 €23,469 €0 -€23,469 -100.0%
Deferred taxes 168 €10,249 €9,476 -€774 -7.5%
Amounts payable 17/49 €795,574 €731,553 -€64,021 -8.0%
Amounts payable after more than one year 17 €354,175 €367,862 +€13,687 +3.9%
Financial debts 170/4 €354,175 €367,862 +€13,687 +3.9%
Amounts payable within one year 42/48 €439,593 €361,847 -€77,746 -17.7%
Current portion of amounts payable after more than one year 42 €58,156 €63,916 +€5,760 +9.9%
Financial debts 43 €82,968 €9,976 -€72,992 -88.0%
Credit institutions 430/8 €82,968 €7,784 -€75,184 -90.6%
Other loans 439 - €2,192 +€2,192
Trade debts 44 €71,707 €40,295 -€31,412 -43.8%
Suppliers 440/4 €71,707 €40,295 -€31,412 -43.8%
Bills of exchange payable 441 €0 - =
Taxes, remuneration and social security 45 €50,403 €44,306 -€6,096 -12.1%
Taxes 450/3 €10,427 €11,068 +€641 +6.1%
Remuneration and social security 454/9 €39,976 €33,239 -€6,737 -16.9%
Other amounts payable 47/48 €176,359 €203,353 +€26,994 +15.3%
Accrued charges and deferred income 492/3 €1,806 €1,844 +€38 +2.1%
Remuneration, social security and pensions 62 €270,552 €249,910 -€20,643 -7.6%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €66,576 €42,315 -€24,261 -36.4%
Provisions for liabilities and charges: additions (uses and reversals) 635/8 €23,469 -€23,469 -€46,937
Other operating charges 640/8 €7,243 €8,679 +€1,436 +19.8%
Non-recurring operating charges 66A - €9,690 +€9,690
Gross operating margin 9900 €527,002 €587,762 +€60,760 +11.5%
Operating profit (loss) 9901 €159,162 €300,637 +€141,476 +88.9%
Financial income 75/76B €998 €514 -€484 -48.5%
Recurring financial income 75 €998 €514 -€484 -48.5%
Financial charges 65/66B €15,663 €42,617 +€26,954 +172.1%
Recurring financial charges 65 €15,663 €42,617 +€26,954 +172.1%
Profit (loss) for the period before taxes 9903 €144,497 €258,535 +€114,038 +78.9%
Transfer from deferred taxes 780 €5,316 €774 -€4,542 -85.4%
Income taxes 67/77 €48,898 €64,223 +€15,325 +31.3%
Profit (loss) for the period 9904 €100,915 €195,085 +€94,171 +93.3%
Transfer from tax-exempt reserves 789 €15,947 €2,321 -€13,627 -85.4%
Profit (loss) for the period to be appropriated 9905 €116,862 €197,406 +€80,544 +68.9%

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 2 October 2026 via checked.be.