AHRKAM: what changed
What changed
AHRKAM
filed annual accounts (NBB)
Net result for the year
€53,433
2024 · €13,735+€39,698
Equity
€14.1m
2024 · €14.1m+€15,934
Cash
€23,993
2024 · €36,898-€12,904
Balance sheet total
€14.2m
2024 · €14.2m-€21,176
Largest movements
Assets
No asset line moved by more than 1% of the balance sheet total.
Equity and liabilities
No liability line moved by more than 1% of the balance sheet total.
Income statement
- Financial income +€56,715
up €56,715 (+263%), from €21,570 to €78,285
- Taxes +€16,349
up €16,349 (+1,190%), from €1,374 to €17,722
- Gross operating margin -€1,464
down €1,464 (-53.7%), from -€2,724 to -€4,188
- Other operating charges -€794
down €794 (-40.9%), from €1,942 to €1,148
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
€13,735
Gross operating margin
-€1,464
Other operating charges
+€794
Financial income
+€56,715
Financial charges
+€2
Taxes
-€16,349
Result 2025
€53,433
raises the resultlowers the result
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
+€24,595
Investment
€0
Financing
-€37,500
Cash 2024
€36,898
From operations (derived)
+€24,595
Net result for the year
+€53,433
Depreciation
+€1,752
Receivables after one year
+€84,805
Receivables within one year
-€78,285
Trade debts
+€998
Tax, wage and social debts
+€14,758
Other debts
-€52,866
Financing
-€37,500
Contributions, distributions and other
-€37,500
Cash 2025
€23,993
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €14,224,242 | €14,203,066 | -€21,176 | -0.1% |
| Fixed assets | 21/28 | €10,188,195 | €10,186,443 | -€1,752 | 0.0% |
| Tangible fixed assets | 22/27 | €13,195 | €11,443 | -€1,752 | -13.3% |
| Furniture and vehicles | 24 | €2,369 | €2,063 | -€306 | -12.9% |
| Other tangible fixed assets | 26 | €10,825 | €9,380 | -€1,446 | -13.4% |
| Financial fixed assets | 28 | €10,175,000 | €10,175,000 | = | 0.0% |
| Current assets | 29/58 | €4,036,048 | €4,016,623 | -€19,424 | -0.5% |
| Amounts receivable after more than one year | 29 | €84,805 | €0 | -€84,805 | -100% |
| Other amounts receivable | 291 | €84,805 | €0 | -€84,805 | -100% |
| Amounts receivable within one year | 40/41 | €3,914,345 | €3,992,630 | +€78,285 | +2.0% |
| Trade receivables | 40 | €101 | €101 | = | 0.0% |
| Other amounts receivable | 41 | €3,914,244 | €3,992,529 | +€78,285 | +2.0% |
| Cash at bank and in hand | 54/58 | €36,898 | €23,993 | -€12,904 | -35.0% |
| Total equity and liabilities | 10/49 | €14,224,242 | €14,203,066 | -€21,176 | -0.1% |
| Equity | 10/15 | €14,107,291 | €14,123,224 | +€15,934 | +0.1% |
| Contributions | 10/11 | €10,195,000 | €10,195,000 | = | 0.0% |
| Reserves | 13 | €3,912,291 | €3,928,224 | +€15,934 | +0.4% |
| Non-distributable reserves | 130/1 | €9,787 | €0 | -€9,787 | -100% |
| Reserves not available under the articles | 1311 | €9,787 | €0 | -€9,787 | -100% |
| Distributable reserves | 133 | €3,902,503 | €3,928,224 | +€25,721 | +0.7% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €116,952 | €79,842 | -€37,110 | -31.7% |
| Amounts payable within one year | 42/48 | €116,952 | €79,842 | -€37,110 | -31.7% |
| Trade debts | 44 | - | €998 | +€998 | |
| Suppliers | 440/4 | - | €998 | +€998 | |
| Taxes, remuneration and social security | 45 | €2,964 | €17,722 | +€14,758 | +498% |
| Taxes | 450/3 | €2,964 | €17,722 | +€14,758 | +498% |
| Other amounts payable | 47/48 | €113,988 | €61,121 | -€52,866 | -46.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,752 | €1,752 | = | 0.0% |
| Other operating charges | 640/8 | €1,942 | €1,148 | -€794 | -40.9% |
| Gross operating margin | 9900 | -€2,724 | -€4,188 | -€1,464 | -53.7% |
| Operating profit (loss) | 9901 | -€6,418 | -€7,088 | -€670 | -10.4% |
| Financial income | 75/76B | €21,570 | €78,285 | +€56,715 | +263% |
| Recurring financial income | 75 | €21,570 | €78,285 | +€56,715 | +263% |
| Financial charges | 65/66B | €43 | €41 | -€2 | -4.6% |
| Recurring financial charges | 65 | €43 | €41 | -€2 | -4.6% |
| Profit (loss) for the period before taxes | 9903 | €15,109 | €71,156 | +€56,047 | +371% |
| Income taxes | 67/77 | €1,374 | €17,722 | +€16,349 | +1,190% |
| Profit (loss) for the period | 9904 | €13,735 | €53,433 | +€39,698 | +289% |
| Profit (loss) for the period to be appropriated | 9905 | €13,735 | €53,433 | +€39,698 | +289% |
Next steps
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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 7 November 2026 via checked.be.