AXENT: 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.
AXENT
Largest movements
- Receivables within one year +€17,167
up €17,167 (+94.8%), from €18,116 to €35,283
of which Trade receivables: +€14,108
- Tangible fixed assets -€12,446
down €12,446 (-5.2%), from €241,206 to €228,760
of which Furniture and vehicles: -€12,210
- Cash -€5,011
down €5,011 (-39.2%), from €12,770 to €7,759
mainly Net result for the year (-€19,824) and Receivables within one year (-€17,167)
- Other debts +€24,487
up €24,487 (+101%), from €24,198 to €48,685
- Profit (loss) carried forward -€19,824
down €19,824 (-35.0%), from €56,689 to €36,865
- Accrued charges and deferred income -€6,596
down €6,596 (-31.0%), from €21,277 to €14,681
- Gross operating margin -€13,964
down €13,964 (-76.4%), from €18,285 to €4,321
- Depreciation +€4,854
up €4,854 (+27.0%), from €18,008 to €22,862
- Financial income +€2,683
up €2,683 (+2,096%), from €128 to €2,811
- Taxes -€2,111
down €2,111 (-68.7%), from €3,071 to €960
- Other operating charges -€829
down €829 (-32.1%), from €2,586 to €1,757
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 | €313,731 | €312,665 | -€1,066 | -0.3% |
| Fixed assets | 21/28 | €241,206 | €228,760 | -€12,446 | -5.2% |
| Tangible fixed assets | 22/27 | €241,206 | €228,760 | -€12,446 | -5.2% |
| Furniture and vehicles | 24 | €109,379 | €97,169 | -€12,210 | -11.2% |
| Other tangible fixed assets | 26 | €131,827 | €131,591 | -€236 | -0.2% |
| Current assets | 29/58 | €72,525 | €83,905 | +€11,380 | +15.7% |
| Amounts receivable after more than one year | 29 | €37,500 | €37,500 | = | 0.0% |
| Other amounts receivable | 291 | €37,500 | €37,500 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €18,116 | €35,283 | +€17,167 | +94.8% |
| Trade receivables | 40 | €16,187 | €30,295 | +€14,108 | +87.2% |
| Other amounts receivable | 41 | €1,929 | €4,988 | +€3,059 | +159% |
| Cash at bank and in hand | 54/58 | €12,770 | €7,759 | -€5,011 | -39.2% |
| Deferred charges and accrued income | 490/1 | €4,139 | €3,363 | -€777 | -18.8% |
| Total equity and liabilities | 10/49 | €313,731 | €312,665 | -€1,066 | -0.3% |
| Equity | 10/15 | €239,044 | €219,220 | -€19,824 | -8.3% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €120,355 | €120,355 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €114,155 | €114,155 | = | 0.0% |
| Profit (loss) carried forward | 14 | €56,689 | €36,865 | -€19,824 | -35.0% |
| Amounts payable | 17/49 | €74,687 | €93,445 | +€18,758 | +25.1% |
| Amounts payable after more than one year | 17 | €17,558 | €19,407 | +€1,849 | +10.5% |
| Financial debts | 170/4 | €17,558 | €19,407 | +€1,849 | +10.5% |
| Amounts payable within one year | 42/48 | €35,852 | €59,357 | +€23,505 | +65.6% |
| Current portion of amounts payable after more than one year | 42 | €7,233 | €7,577 | +€344 | +4.8% |
| Financial debts | 43 | €432 | - | -€432 | |
| Credit institutions | 430/8 | €432 | - | -€432 | |
| Trade debts | 44 | €2,836 | €1,876 | -€960 | -33.8% |
| Suppliers | 440/4 | €2,836 | €1,876 | -€960 | -33.8% |
| Taxes, remuneration and social security | 45 | €1,154 | €1,219 | +€65 | +5.6% |
| Taxes | 450/3 | €1,154 | €1,219 | +€65 | +5.6% |
| Other amounts payable | 47/48 | €24,198 | €48,685 | +€24,487 | +101% |
| Accrued charges and deferred income | 492/3 | €21,277 | €14,681 | -€6,596 | -31.0% |
| Non-recurring operating income | 76A | €24,000 | - | -€24,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,008 | €22,862 | +€4,854 | +27.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €96 | - | -€96 | |
| Other operating charges | 640/8 | €2,586 | €1,757 | -€829 | -32.1% |
| Non-recurring operating charges | 66A | €331 | - | -€331 | |
| Gross operating margin | 9900 | €18,285 | €4,321 | -€13,964 | -76.4% |
| Operating profit (loss) | 9901 | -€2,736 | -€20,298 | -€17,562 | -642% |
| Financial income | 75/76B | €128 | €2,811 | +€2,683 | +2,096% |
| Recurring financial income | 75 | €128 | €2,811 | +€2,683 | +2,096% |
| Financial charges | 65/66B | €1,515 | €1,377 | -€138 | -9.1% |
| Recurring financial charges | 65 | €1,515 | €1,377 | -€138 | -9.1% |
| Profit (loss) for the period before taxes | 9903 | -€4,123 | -€18,864 | -€14,741 | -358% |
| Income taxes | 67/77 | €3,071 | €960 | -€2,111 | -68.7% |
| Profit (loss) for the period | 9904 | -€7,194 | -€19,824 | -€12,630 | -176% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,194 | -€19,824 | -€12,630 | -176% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.