Ahok: 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.
Ahok
Largest movements
- Cash +€885,251
up €885,251 (+190.0%), from €465,900 to €1.4m
mainly Net result for the year (+€683,917) and Receivables within one year (+€529,465)
- Receivables within one year -€529,465
down €529,465 (-43.6%), from €1.2m to €683,885
of which Other amounts receivable: -€447,693
- Financial fixed assets +€178,432
up €178,432 (+86.2%), from €206,997 to €385,429
- Current investments +€74,931
up €74,931 (+8.4%), from €890,450 to €965,381
- Receivables after one year +€70,918
up €70,918 (+121.4%), from €58,411 to €129,329
- Profit (loss) carried forward +€283,917
up €283,917 (+26.0%), from €1.1m to €1.4m
- Debts after one year +€173,997
up €173,997 (+69.6%), from €250,000 to €423,997
- Reserves +€136,842
up €136,842 (+7.8%), from €1.8m to €1.9m
- Gross operating margin +€196,380
up €196,380 (+25.6%), from €766,874 to €963,254
- Taxes +€73,862
up €73,862 (+33.4%), from €221,157 to €295,020
- Financial income +€55,057
up €55,057 (+252.9%), from €21,768 to €76,825
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 | €3,194,899 | €3,834,165 | +€639,267 | +20.0% |
| Fixed assets | 21/28 | €563,804 | €701,268 | +€137,463 | +24.4% |
| Tangible fixed assets | 22/27 | €356,808 | €315,839 | -€40,969 | -11.5% |
| Land and buildings | 22 | €259,793 | €236,485 | -€23,307 | -9.0% |
| Plant, machinery and equipment | 23 | €753 | €464 | -€289 | -38.4% |
| Furniture and vehicles | 24 | €96,262 | €78,890 | -€17,372 | -18.0% |
| Financial fixed assets | 28 | €206,997 | €385,429 | +€178,432 | +86.2% |
| Current assets | 29/58 | €2,631,094 | €3,132,898 | +€501,804 | +19.1% |
| Amounts receivable after more than one year | 29 | €58,411 | €129,329 | +€70,918 | +121.4% |
| Trade receivables | 290 | €58,411 | €129,329 | +€70,918 | +121.4% |
| Stocks and contracts in progress | 3 | €1,000 | €1,000 | = | 0.0% |
| Stocks | 30/36 | €1,000 | €1,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €1,213,350 | €683,885 | -€529,465 | -43.6% |
| Trade receivables | 40 | €130,409 | €48,637 | -€81,772 | -62.7% |
| Other amounts receivable | 41 | €1,082,941 | €635,248 | -€447,693 | -41.3% |
| Current investments | 50/53 | €890,450 | €965,381 | +€74,931 | +8.4% |
| Cash at bank and in hand | 54/58 | €465,900 | €1,351,151 | +€885,251 | +190.0% |
| Deferred charges and accrued income | 490/1 | €1,983 | €2,152 | +€169 | +8.5% |
| Total equity and liabilities | 10/49 | €3,194,899 | €3,834,165 | +€639,267 | +20.0% |
| Equity | 10/15 | €2,876,607 | €3,297,366 | +€420,759 | +14.6% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,765,158 | €1,902,000 | +€136,842 | +7.8% |
| Distributable reserves | 133 | €1,765,158 | €1,902,000 | +€136,842 | +7.8% |
| Profit (loss) carried forward | 14 | €1,092,857 | €1,376,774 | +€283,917 | +26.0% |
| Amounts payable | 17/49 | €318,292 | €536,800 | +€218,508 | +68.7% |
| Amounts payable after more than one year | 17 | €250,000 | €423,997 | +€173,997 | +69.6% |
| Financial debts | 170/4 | €250,000 | €423,997 | +€173,997 | +69.6% |
| Amounts payable within one year | 42/48 | €68,292 | €112,803 | +€44,511 | +65.2% |
| Current portion of amounts payable after more than one year | 42 | - | €30,787 | +€30,787 | |
| Financial debts | 43 | €744 | €978 | +€234 | +31.5% |
| Credit institutions | 430/8 | €744 | €978 | +€234 | +31.5% |
| Trade debts | 44 | €3,473 | €2,730 | -€743 | -21.4% |
| Suppliers | 440/4 | €3,473 | €2,730 | -€743 | -21.4% |
| Taxes, remuneration and social security | 45 | €64,075 | €61,202 | -€2,873 | -4.5% |
| Taxes | 450/3 | €44,075 | €61,202 | +€17,127 | +38.9% |
| Remuneration and social security | 454/9 | €20,000 | €0 | -€20,000 | -100.0% |
| Other amounts payable | 47/48 | - | €17,105 | +€17,105 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €40,701 | €50,213 | +€9,512 | +23.4% |
| Other operating charges | 640/8 | €2,552 | €2,803 | +€251 | +9.8% |
| Gross operating margin | 9900 | €766,874 | €963,254 | +€196,380 | +25.6% |
| Operating profit (loss) | 9901 | €723,621 | €910,239 | +€186,617 | +25.8% |
| Financial income | 75/76B | €21,768 | €76,825 | +€55,057 | +252.9% |
| Recurring financial income | 75 | €21,768 | €76,825 | +€55,057 | +252.9% |
| Financial charges | 65/66B | €6,327 | €8,127 | +€1,800 | +28.4% |
| Recurring financial charges | 65 | €6,327 | €8,127 | +€1,800 | +28.4% |
| Profit (loss) for the period before taxes | 9903 | €739,062 | €978,936 | +€239,874 | +32.5% |
| Income taxes | 67/77 | €221,157 | €295,020 | +€73,862 | +33.4% |
| Profit (loss) for the period | 9904 | €517,905 | €683,917 | +€166,012 | +32.1% |
| Profit (loss) for the period to be appropriated | 9905 | €517,905 | €683,917 | +€166,012 | +32.1% |
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 2 October 2026 via checked.be.