AAK Bastogne: what changed
What changed
AAK Bastogne
NACE 10.890, Manufacture of food products
filed annual accounts (NBB)
Net result for the year
€1.6m
2024 · -€516,367+€2.1m
Equity
-€3.4m
2024 · -€5.0m+€1.6m
Cash
€24
2024 · €264-€240
Balance sheet total
€6.5m
2024 · €4.5m+€2.1m
Largest movements
Assets
- Receivables within one year +€2.8m
up €2.8m (+672%), from €418,775 to €3.2m
of which Trade receivables: +€2.9m
- Stocks and contracts -€529,409
down €529,409 (-27.8%), from €1.9m to €1.4m
- Tangible fixed assets -€220,510
down €220,510 (-10.5%), from €2.1m to €1.9m
of which Plant, machinery and equipment: -€159,464
Equity and liabilities
- Profit (loss) carried forward +€1.6m
up €1.6m (+32.3%), from -€5.0m to -€3.4m
- Short-term financial debts +€418,144
up €418,144 (+4.6%), from €9.0m to €9.4m
Income statement
- Turnover +€3.1m
up €3.1m (+65.0%), from €4.8m to €8.0m
- Goods and materials +€878,598
up €878,598 (+33.3%), from €2.6m to €3.5m
of which Purchases: +€450,692
- Financial charges -€209,572
down €209,572 (-44.4%), from €472,425 to €262,853
- Write-downs +€120,000
new in 2025: €120,000
- Staff costs -€103,390
down €103,390 (-17.6%), from €586,977 to €483,586
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
-€516,367
Turnover
+€3.1m
Other operating income
-€30,098
Goods and materials
-€878,598
Services and other goods
-€74,775
Staff costs
+€103,390
Depreciation
-€7,189
Write-downs
-€120,000
Other operating charges
-€14,951
Other operating items
-€114,961
Financial income
-€12
Financial charges
+€209,572
Taxes
-€68,423
Result 2025
€1.6m
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
-€381,098
Investment
-€37,286
Financing
+€418,144
Cash 2024
€264
From operations (derived)
-€381,098
Net result for the year
+€1.6m
Depreciation
+€257,796
Stocks and contracts
+€529,409
Receivables within one year
-€2.8m
Smaller working-capital items
-€7,704
Trade debts
+€27,598
Investment (derived)
-€37,286
Investment in fixed assets (net)
-€37,286
Financing
+€418,144
Short-term financial debts
+€418,144
Cash 2025
€24
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,463,328 | €6,531,412 | +€2.1m | +46.3% |
| Fixed assets | 21/28 | €2,102,970 | €1,882,460 | -€220,510 | -10.5% |
| Tangible fixed assets | 22/27 | €2,102,970 | €1,882,460 | -€220,510 | -10.5% |
| Land and buildings | 22 | - | €5,340 | +€5,340 | |
| Plant, machinery and equipment | 23 | €1,224,887 | €1,065,423 | -€159,464 | -13.0% |
| Furniture and vehicles | 24 | €41,258 | €103,972 | +€62,714 | +152% |
| Assets under construction and advance payments | 27 | €836,825 | €707,726 | -€129,099 | -15.4% |
| Current assets | 29/58 | €2,360,357 | €4,648,951 | +€2.3m | +97.0% |
| Stocks and contracts in progress | 3 | €1,905,144 | €1,375,735 | -€529,409 | -27.8% |
| Stocks | 30/36 | €1,905,144 | €1,375,735 | -€529,409 | -27.8% |
| Raw materials and consumables | 30/31 | €747,138 | €418,057 | -€329,081 | -44.0% |
| Work in progress | 32 | €12,340 | €10,767 | -€1,572 | -12.7% |
| Finished goods | 33 | €1,145,666 | €946,911 | -€198,755 | -17.3% |
| Amounts receivable within one year | 40/41 | €418,775 | €3,233,477 | +€2.8m | +672% |
| Trade receivables | 40 | €353,070 | €3,215,245 | +€2.9m | +811% |
| Other amounts receivable | 41 | €65,706 | €18,232 | -€47,474 | -72.3% |
| Cash at bank and in hand | 54/58 | €264 | €24 | -€240 | -91.0% |
| Deferred charges and accrued income | 490/1 | €36,174 | €39,715 | +€3,541 | +9.8% |
| Total equity and liabilities | 10/49 | €4,463,328 | €6,531,412 | +€2.1m | +46.3% |
| Equity | 10/15 | -€4,978,281 | -€3,351,776 | +€1.6m | +32.7% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,039,781 | -€3,413,276 | +€1.6m | +32.3% |
| Amounts payable | 17/49 | €9,441,608 | €9,883,188 | +€441,579 | +4.7% |
| Amounts payable within one year | 42/48 | €9,441,608 | €9,883,188 | +€441,579 | +4.7% |
| Financial debts | 43 | €9,012,492 | €9,430,636 | +€418,144 | +4.6% |
| Credit institutions | 430/8 | €9,012,492 | €9,430,636 | +€418,144 | +4.6% |
| Trade debts | 44 | €286,209 | €313,808 | +€27,598 | +9.6% |
| Suppliers | 440/4 | €286,209 | €313,808 | +€27,598 | +9.6% |
| Taxes, remuneration and social security | 45 | €142,906 | €138,744 | -€4,162 | -2.9% |
| Taxes | 450/3 | €25,707 | €68,526 | +€42,819 | +167% |
| Remuneration and social security | 454/9 | €117,200 | €70,218 | -€46,982 | -40.1% |
| Operating income | 70/76A | €4,913,446 | €7,907,304 | +€3.0m | +60.9% |
| Turnover | 70 | €4,832,800 | €7,971,716 | +€3.1m | +65.0% |
| Change in stocks of work in progress, finished goods and contracts in progress | 71 | €34,633 | -€80,327 | -€114,961 | |
| Other operating income | 74 | €46,013 | €15,915 | -€30,098 | -65.4% |
| Operating charges | 60/66A | €4,957,298 | €5,949,420 | +€992,122 | +20.0% |
| Goods for resale, raw materials and consumables | 60 | €2,636,443 | €3,515,041 | +€878,598 | +33.3% |
| Purchases | 600/8 | €2,735,268 | €3,185,960 | +€450,692 | +16.5% |
| Change in stocks: decrease (increase) | 609 | -€98,824 | €329,081 | +€427,905 | |
| Services and other goods | 61 | €1,483,271 | €1,558,045 | +€74,775 | +5.0% |
| Remuneration, social security and pensions | 62 | €586,977 | €483,586 | -€103,390 | -17.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €250,607 | €257,796 | +€7,189 | +2.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €120,000 | +€120,000 | |
| Other operating charges | 640/8 | - | €14,951 | +€14,951 | |
| Operating profit (loss) | 9901 | -€43,852 | €1,957,884 | +€2.0m | |
| Financial income | 75/76B | €12 | €0 | -€12 | -98.8% |
| Recurring financial income | 75 | €12 | €0 | -€12 | -98.8% |
| Income from current assets | 751 | - | €0 | +€0 | |
| Other financial income | 752/9 | €12 | - | -€12 | |
| Financial charges | 65/66B | €472,425 | €262,853 | -€209,572 | -44.4% |
| Recurring financial charges | 65 | €472,425 | €262,853 | -€209,572 | -44.4% |
| Debt charges | 650 | €471,574 | €261,896 | -€209,678 | -44.5% |
| Other financial charges | 652/9 | €851 | €957 | +€106 | +12.5% |
| Profit (loss) for the period before taxes | 9903 | -€516,264 | €1,695,031 | +€2.2m | |
| Income taxes | 67/77 | €103 | €68,526 | +€68,423 | +66,398% |
| Taxes | 670/3 | €103 | €68,526 | +€68,423 | +66,398% |
| Profit (loss) for the period | 9904 | -€516,367 | €1,626,505 | +€2.1m | |
| Profit (loss) for the period to be appropriated | 9905 | -€516,367 | €1,626,505 | +€2.1m |
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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 3 November 2026 via checked.be.