AXIO: what changed
What changed
AXIO
NACE 70.200, Business and other management consultancy
filed annual accounts (NBB)
Net result for the year
€607,439
2024 · €1.7m-€1.1m
Equity
€4.5m
2024 · €3.9m+€604,529
Cash
€14,534
2024 · €1.4m-€1.4m
Balance sheet total
€9.5m
2024 · €7.3m+€2.1m
Largest movements
Assets
- Receivables after one year +€2.2m
up €2.2m (+226%), from €973,957 to €3.2m
- Cash -€1.4m
down €1.4m (-98.9%), from €1.4m to €14,534
mainly Receivables after one year (-€2.2m) and Receivables within one year (-€1.2m)
- Receivables within one year +€1.2m
up €1.2m (+404%), from €303,637 to €1.5m
of which Other amounts receivable: +€1.2m
Equity and liabilities
- Debts after one year +€987,004
up €987,004 (+29.9%), from €3.3m to €4.3m
of which Other amounts payable: +€987,004
- Reserves +€607,439
up €607,439 (+18.2%), from €3.3m to €4.0m
of which Tax-exempt reserves: +€673,822
- Provisions +€224,607
up €224,607 (+204%), from €110,158 to €334,765
- Other debts +€177,514
up €177,514, from €0 to €177,514
- Short-term financial debts +€100,001
new in 2025: €100,001
Income statement
- Financial income -€1.4m
down €1.4m (-85.9%), from €1.6m to €229,187
of which Non-recurring financial income: -€1.5m
- Gross operating margin +€692,592
up €692,592 (+153%), from €453,808 to €1.1m
- Financial charges +€251,637
up €251,637 (+4,064%), from €6,192 to €257,830
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€1.7m
Gross operating margin
+€692,592
Depreciation
+€2,044
Write-downs
+€880
Other operating charges
+€1,914
Other operating items
+€15,736
Financial income
-€1.4m
Financial charges
-€251,637
Taxes
+€4,714
Deferred taxes and other
-€160,045
Result 2025
€607,439
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
-€2.1m
Investment
-€298,100
Financing
+€1.1m
Cash 2024
€1.4m
From operations (derived)
-€2.1m
Net result for the year
+€607,439
Depreciation
+€242,850
Receivables after one year
-€2.2m
Smaller working-capital items
-€3,544
Receivables within one year
-€1.2m
Provisions
+€224,607
Tax, wage and social debts
+€43,315
Other debts
+€177,514
Accrued charges and deferred income
-€13,414
Investment (derived)
-€298,100
Investment in fixed assets (net)
-€298,100
Financing
+€1.1m
Debts after one year
+€987,004
Short-term financial debts
+€100,001
Contributions, distributions and other
-€2,910
Cash 2025
€14,534
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €7,339,118 | €9,458,734 | +€2.1m | +28.9% |
| Fixed assets | 21/28 | €4,659,379 | €4,714,629 | +€55,250 | +1.2% |
| Tangible fixed assets | 22/27 | €3,886,979 | €3,942,229 | +€55,250 | +1.4% |
| Land and buildings | 22 | €3,773,276 | €3,855,128 | +€81,851 | +2.2% |
| Plant, machinery and equipment | 23 | €18,291 | €15,608 | -€2,682 | -14.7% |
| Furniture and vehicles | 24 | €95,412 | €71,493 | -€23,919 | -25.1% |
| Financial fixed assets | 28 | €772,400 | €772,400 | = | 0.0% |
| Current assets | 29/58 | €2,679,739 | €4,744,105 | +€2.1m | +77.0% |
| Amounts receivable after more than one year | 29 | €973,957 | €3,174,309 | +€2.2m | +226% |
| Other amounts receivable | 291 | €973,957 | €3,174,309 | +€2.2m | +226% |
| Stocks and contracts in progress | 3 | €13,636 | €11,110 | -€2,526 | -18.5% |
| Stocks | 30/36 | €13,636 | €11,110 | -€2,526 | -18.5% |
| Amounts receivable within one year | 40/41 | €303,637 | €1,531,691 | +€1.2m | +404% |
| Trade receivables | 40 | €11,269 | €21,028 | +€9,759 | +86.6% |
| Other amounts receivable | 41 | €292,368 | €1,510,663 | +€1.2m | +417% |
| Cash at bank and in hand | 54/58 | €1,378,177 | €14,534 | -€1.4m | -98.9% |
| Deferred charges and accrued income | 490/1 | €10,332 | €12,461 | +€2,129 | +20.6% |
| Total equity and liabilities | 10/49 | €7,339,118 | €9,458,734 | +€2.1m | +28.9% |
| Equity | 10/15 | €3,870,574 | €4,475,103 | +€604,529 | +15.6% |
| Contributions | 10/11 | €502,804 | €502,804 | = | 0.0% |
| Capital | 10 | €502,804 | €502,804 | = | 0.0% |
| Issued capital | 100 | €502,804 | €502,804 | = | 0.0% |
| Revaluation surpluses | 12 | €23,632 | €20,722 | -€2,910 | -12.3% |
| Reserves | 13 | €3,344,138 | €3,951,578 | +€607,439 | +18.2% |
| Non-distributable reserves | 130/1 | €50,280 | €50,280 | = | 0.0% |
| Legal reserve | 130 | €50,280 | €50,280 | = | 0.0% |
| Tax-exempt reserves | 132 | €330,545 | €1,004,368 | +€673,822 | +204% |
| Distributable reserves | 133 | €2,963,313 | €2,896,930 | -€66,383 | -2.2% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Provisions and deferred taxes | 16 | €110,158 | €334,765 | +€224,607 | +204% |
| Deferred taxes | 168 | €110,158 | €334,765 | +€224,607 | +204% |
| Amounts payable | 17/49 | €3,358,386 | €4,648,865 | +€1.3m | +38.4% |
| Amounts payable after more than one year | 17 | €3,301,932 | €4,288,936 | +€987,004 | +29.9% |
| Financial debts | 170/4 | €710,591 | €710,591 | = | 0.0% |
| Other amounts payable | 178/9 | €2,591,341 | €3,578,345 | +€987,004 | +38.1% |
| Amounts payable within one year | 42/48 | €41,865 | €358,754 | +€316,889 | +757% |
| Financial debts | 43 | - | €100,001 | +€100,001 | |
| Credit institutions | 430/8 | - | €100,001 | +€100,001 | |
| Trade debts | 44 | €7,708 | €3,767 | -€3,941 | -51.1% |
| Suppliers | 440/4 | €7,708 | €3,767 | -€3,941 | -51.1% |
| Taxes, remuneration and social security | 45 | €34,157 | €77,472 | +€43,315 | +127% |
| Taxes | 450/3 | €34,157 | €77,472 | +€43,315 | +127% |
| Other amounts payable | 47/48 | €0 | €177,514 | +€177,514 | |
| Accrued charges and deferred income | 492/3 | €14,590 | €1,176 | -€13,414 | -91.9% |
| Non-recurring operating income | 76A | €291,121 | €1,040,598 | +€749,477 | +257% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €244,893 | €242,850 | -€2,044 | -0.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €880 | €0 | -€880 | -100% |
| Other operating charges | 640/8 | €46,803 | €44,889 | -€1,914 | -4.1% |
| Non-recurring operating charges | 66A | €15,736 | €0 | -€15,736 | -100% |
| Gross operating margin | 9900 | €453,808 | €1,146,400 | +€692,592 | +153% |
| Operating profit (loss) | 9901 | €145,496 | €858,660 | +€713,164 | +490% |
| Financial income | 75/76B | €1,621,632 | €229,187 | -€1.4m | -85.9% |
| Recurring financial income | 75 | €88,708 | €219,187 | +€130,479 | +147% |
| Non-recurring financial income | 76B | €1,532,924 | €10,000 | -€1.5m | -99.3% |
| Financial charges | 65/66B | €6,192 | €257,830 | +€251,637 | +4,064% |
| Recurring financial charges | 65 | €6,192 | €257,830 | +€251,637 | +4,064% |
| Profit (loss) for the period before taxes | 9903 | €1,760,936 | €830,018 | -€930,918 | -52.9% |
| Transfer from deferred taxes | 780 | €6,348 | €24,750 | +€18,402 | +290% |
| Transfer to deferred taxes | 680 | €70,910 | €249,357 | +€178,447 | +252% |
| Income taxes | 67/77 | €2,685 | -€2,029 | -€4,714 | |
| Profit (loss) for the period | 9904 | €1,693,688 | €607,439 | -€1.1m | -64.1% |
| Transfer from tax-exempt reserves | 789 | €19,044 | €74,249 | +€55,205 | +290% |
| Transfer to tax-exempt reserves | 689 | €212,730 | €748,072 | +€535,341 | +252% |
| Profit (loss) for the period to be appropriated | 9905 | €1,500,003 | -€66,383 | -€1.6m |
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Compare this company with its sector.Sector benchmark
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.