AEK AUDIT: 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.
AEK AUDIT
Largest movements
- Cash -€30,662
down €30,662 (-75.1%), from €40,842 to €10,180
mainly Receivables within one year (-€21,865) and Net result for the year (-€15,971)
- Receivables within one year +€21,865
up €21,865 (+835%), from €2,619 to €24,484
of which Trade receivables: +€18,484
- Tangible fixed assets -€17,747
no longer reported in 2025 (was €17,747)
- Current investments +€6,738
up €6,738 (+12.4%), from €54,298 to €61,036
- Profit (loss) carried forward -€15,971
new in 2025: -€15,971
- Other debts +€9,575
up €9,575 (+99.7%), from €9,605 to €19,180
- Tax, wage and social debts -€9,414
down €9,414 (-52.0%), from €18,101 to €8,687
- Trade debts -€3,996
down €3,996 (-86.6%), from €4,613 to €617
- Gross operating margin -€23,067
down €23,067 (-66.9%), from €34,463 to €11,396
- Depreciation +€14,566
up €14,566 (+458%), from €3,181 to €17,747
- Other operating charges -€7,669
down €7,669 (-88.5%), from €8,669 to €1,000
- Taxes -€6,633
down €6,633 (-76.3%), from €8,693 to €2,060
- Financial charges +€6,090
up €6,090 (+1,297%), from €470 to €6,560
of which Non-recurring financial charges: +€6,000
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 | €115,506 | €95,700 | -€19,806 | -17.1% |
| Fixed assets | 21/28 | €17,747 | - | -€17,747 | |
| Tangible fixed assets | 22/27 | €17,747 | - | -€17,747 | |
| Other tangible fixed assets | 26 | €17,747 | - | -€17,747 | |
| Current assets | 29/58 | €97,759 | €95,700 | -€2,059 | -2.1% |
| Amounts receivable within one year | 40/41 | €2,619 | €24,484 | +€21,865 | +835% |
| Trade receivables | 40 | - | €18,484 | +€18,484 | |
| Other amounts receivable | 41 | €2,619 | €6,000 | +€3,381 | +129% |
| Current investments | 50/53 | €54,298 | €61,036 | +€6,738 | +12.4% |
| Cash at bank and in hand | 54/58 | €40,842 | €10,180 | -€30,662 | -75.1% |
| Total equity and liabilities | 10/49 | €115,506 | €95,700 | -€19,806 | -17.1% |
| Equity | 10/15 | €83,187 | €67,216 | -€15,971 | -19.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €76,987 | €76,987 | -€0 | 0.0% |
| Non-distributable reserves | 130/1 | €689 | €689 | -€0 | 0.0% |
| Reserves not available under the articles | 1311 | €689 | €689 | -€0 | 0.0% |
| Distributable reserves | 133 | €76,298 | €76,298 | +€0 | 0.0% |
| Profit (loss) carried forward | 14 | - | -€15,971 | -€15,971 | |
| Amounts payable | 17/49 | €32,319 | €28,484 | -€3,835 | -11.9% |
| Amounts payable within one year | 42/48 | €32,319 | €28,484 | -€3,835 | -11.9% |
| Trade debts | 44 | €4,613 | €617 | -€3,996 | -86.6% |
| Suppliers | 440/4 | €4,613 | €617 | -€3,996 | -86.6% |
| Taxes, remuneration and social security | 45 | €18,101 | €8,687 | -€9,414 | -52.0% |
| Taxes | 450/3 | €18,101 | €8,687 | -€9,414 | -52.0% |
| Other amounts payable | 47/48 | €9,605 | €19,180 | +€9,575 | +99.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,181 | €17,747 | +€14,566 | +458% |
| Other operating charges | 640/8 | €8,669 | €1,000 | -€7,669 | -88.5% |
| Gross operating margin | 9900 | €34,463 | €11,396 | -€23,067 | -66.9% |
| Operating profit (loss) | 9901 | €22,613 | -€7,351 | -€29,964 | |
| Financial income | 75/76B | €4,155 | - | -€4,155 | |
| Recurring financial income | 75 | €4,155 | - | -€4,155 | |
| Financial charges | 65/66B | €470 | €6,560 | +€6,090 | +1,297% |
| Recurring financial charges | 65 | €470 | €560 | +€90 | +19.3% |
| Non-recurring financial charges | 66B | - | €6,000 | +€6,000 | |
| Profit (loss) for the period before taxes | 9903 | €26,298 | -€13,911 | -€40,209 | |
| Income taxes | 67/77 | €8,693 | €2,060 | -€6,633 | -76.3% |
| Profit (loss) for the period | 9904 | €17,604 | -€15,971 | -€33,575 | |
| Profit (loss) for the period to be appropriated | 9905 | €17,604 | -€15,971 | -€33,575 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.