AHKS: 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.
AHKS
Largest movements
- Cash -€21,477
down €21,477 (-66.6%), from €32,272 to €10,795
mainly Receivables within one year (-€11,539) and Investment in fixed assets (net) (-€8,236)
- Receivables within one year +€11,539
up €11,539 (+27.7%), from €41,656 to €53,194
of which Trade receivables: +€22,921
- Tangible fixed assets +€4,051
up €4,051 (+120.4%), from €3,365 to €7,415
- Deferred charges and accrued income -€836
no longer reported in 2025 (was €836)
- Trade debts -€7,709
down €7,709 (-73.1%), from €10,544 to €2,835
- Short-term financial debts +€5,609
new in 2025: €5,609
- Tax, wage and social debts -€5,406
down €5,406 (-20.1%), from €26,956 to €21,549
of which Taxes: -€5,256
- Other debts +€1,390
new in 2025: €1,390
- Staff costs -€24,230
down €24,230 (-28.2%), from €85,823 to €61,593
- Gross operating margin -€18,217
down €18,217 (-19.8%), from €92,131 to €73,914
- Other operating charges -€11,666
down €11,666 (-84.0%), from €13,886 to €2,219
- Taxes +€5,706
up €5,706 (+17364.9%), from €33 to €5,739
- Financial income -€1,278
down €1,278 (-89.4%), from €1,428 to €151
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 | €79,613 | €73,390 | -€6,223 | -7.8% |
| Fixed assets | 21/28 | €4,850 | €9,400 | +€4,551 | +93.8% |
| Tangible fixed assets | 22/27 | €3,365 | €7,415 | +€4,051 | +120.4% |
| Furniture and vehicles | 24 | €3,365 | €7,415 | +€4,051 | +120.4% |
| Financial fixed assets | 28 | €1,485 | €1,985 | +€500 | +33.7% |
| Current assets | 29/58 | €74,763 | €63,989 | -€10,774 | -14.4% |
| Amounts receivable within one year | 40/41 | €41,656 | €53,194 | +€11,539 | +27.7% |
| Trade receivables | 40 | €22,788 | €45,708 | +€22,921 | +100.6% |
| Other amounts receivable | 41 | €18,868 | €7,486 | -€11,382 | -60.3% |
| Cash at bank and in hand | 54/58 | €32,272 | €10,795 | -€21,477 | -66.6% |
| Deferred charges and accrued income | 490/1 | €836 | - | -€836 | |
| Total equity and liabilities | 10/49 | €79,613 | €73,390 | -€6,223 | -7.8% |
| Equity | 10/15 | €42,113 | €42,007 | -€106 | -0.3% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €40,113 | €40,007 | -€106 | -0.3% |
| Amounts payable | 17/49 | €37,500 | €31,383 | -€6,117 | -16.3% |
| Amounts payable within one year | 42/48 | €37,500 | €31,383 | -€6,117 | -16.3% |
| Financial debts | 43 | - | €5,609 | +€5,609 | |
| Credit institutions | 430/8 | - | €5,609 | +€5,609 | |
| Trade debts | 44 | €10,544 | €2,835 | -€7,709 | -73.1% |
| Suppliers | 440/4 | €10,544 | €2,835 | -€7,709 | -73.1% |
| Taxes, remuneration and social security | 45 | €26,956 | €21,549 | -€5,406 | -20.1% |
| Taxes | 450/3 | €11,306 | €6,049 | -€5,256 | -46.5% |
| Remuneration and social security | 454/9 | €15,650 | €15,500 | -€150 | -1.0% |
| Other amounts payable | 47/48 | - | €1,390 | +€1,390 | |
| Remuneration, social security and pensions | 62 | €85,823 | €61,593 | -€24,230 | -28.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,158 | €3,686 | -€472 | -11.4% |
| Other operating charges | 640/8 | €13,886 | €2,219 | -€11,666 | -84.0% |
| Gross operating margin | 9900 | €92,131 | €73,914 | -€18,217 | -19.8% |
| Operating profit (loss) | 9901 | -€11,735 | €6,417 | +€18,152 | |
| Financial income | 75/76B | €1,428 | €151 | -€1,278 | -89.4% |
| Recurring financial income | 75 | €1,428 | €151 | -€1,278 | -89.4% |
| Financial charges | 65/66B | €560 | €935 | +€375 | +67.0% |
| Recurring financial charges | 65 | €560 | €935 | +€375 | +67.0% |
| Profit (loss) for the period before taxes | 9903 | -€10,867 | €5,633 | +€16,499 | |
| Income taxes | 67/77 | €33 | €5,739 | +€5,706 | +17364.9% |
| Profit (loss) for the period | 9904 | -€10,900 | -€106 | +€10,793 | +99.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€10,900 | -€106 | +€10,793 | +99.0% |
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 10 October 2026 via checked.be.