A.K. MANAGEMENT: 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.
A.K. MANAGEMENT
Largest movements
- Cash +€14,481
up €14,481 (+37.5%), from €38,637 to €53,119
mainly Net result for the year (+€19,269) and Depreciation (+€4,143)
- Tangible fixed assets -€4,143
down €4,143 (-75.7%), from €5,477 to €1,333
- Profit (loss) carried forward +€19,269
up €19,269 (+158.2%), from €12,180 to €31,449
- Other debts -€11,931
no longer reported in 2025 (was €11,931)
- Tax, wage and social debts +€2,983
up €2,983 (+41.8%), from €7,130 to €10,113
- Gross operating margin +€10,830
up €10,830 (+48.9%), from €22,134 to €32,964
- Taxes +€2,396
up €2,396 (+52.0%), from €4,610 to €7,006
- Other operating charges +€1,009
up €1,009 (+79.8%), from €1,265 to €2,274
- Depreciation +€358
up €358 (+9.4%), from €3,786 to €4,143
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.
Cash bridge derived
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 | €46,757 | €57,078 | +€10,322 | +22.1% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €5,477 | €1,431 | -€4,045 | -73.9% |
| Tangible fixed assets | 22/27 | €5,477 | €1,333 | -€4,143 | -75.7% |
| Furniture and vehicles | 24 | €5,477 | €1,333 | -€4,143 | -75.7% |
| Financial fixed assets | 28 | - | €98 | +€98 | |
| Current assets | 29/58 | €41,280 | €55,647 | +€14,367 | +34.8% |
| Amounts receivable within one year | 40/41 | - | €100 | +€100 | |
| Other amounts receivable | 41 | - | €100 | +€100 | |
| Cash at bank and in hand | 54/58 | €38,637 | €53,119 | +€14,481 | +37.5% |
| Deferred charges and accrued income | 490/1 | €2,643 | €2,428 | -€215 | -8.1% |
| Total equity and liabilities | 10/49 | €46,757 | €57,078 | +€10,322 | +22.1% |
| Equity | 10/15 | €27,630 | €46,898 | +€19,269 | +69.7% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Reserves | 13 | €449 | €449 | = | 0.0% |
| Distributable reserves | 133 | €449 | €449 | = | 0.0% |
| Profit (loss) carried forward | 14 | €12,180 | €31,449 | +€19,269 | +158.2% |
| Amounts payable | 17/49 | €19,127 | €10,180 | -€8,947 | -46.8% |
| Amounts payable within one year | 42/48 | €19,061 | €10,113 | -€8,948 | -46.9% |
| Taxes, remuneration and social security | 45 | €7,130 | €10,113 | +€2,983 | +41.8% |
| Taxes | 450/3 | €7,130 | €10,113 | +€2,983 | +41.8% |
| Other amounts payable | 47/48 | €11,931 | - | -€11,931 | |
| Accrued charges and deferred income | 492/3 | €66 | €67 | +€1 | +2.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,786 | €4,143 | +€358 | +9.4% |
| Other operating charges | 640/8 | €1,265 | €2,274 | +€1,009 | +79.8% |
| Gross operating margin | 9900 | €22,134 | €32,964 | +€10,830 | +48.9% |
| Operating profit (loss) | 9901 | €17,083 | €26,547 | +€9,464 | +55.4% |
| Financial income | 75/76B | - | €15 | +€15 | |
| Recurring financial income | 75 | - | €15 | +€15 | |
| Financial charges | 65/66B | €293 | €288 | -€5 | -1.6% |
| Recurring financial charges | 65 | €293 | €288 | -€5 | -1.6% |
| Profit (loss) for the period before taxes | 9903 | €16,791 | €26,274 | +€9,484 | +56.5% |
| Income taxes | 67/77 | €4,610 | €7,006 | +€2,396 | +52.0% |
| Profit (loss) for the period | 9904 | €12,180 | €19,269 | +€7,088 | +58.2% |
| Profit (loss) for the period to be appropriated | 9905 | €12,180 | €19,269 | +€7,088 | +58.2% |
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 8 October 2026 via checked.be.