AK Build: 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.
AK Build
Largest movements
- Stocks and contracts +€208,876
up €208,876 (+13.0%), from €1.6m to €1.8m
- Receivables within one year +€203,555
up €203,555 (+208%), from €97,872 to €301,427
of which Trade receivables: +€295,423
- Receivables after one year +€62,000
new in 2025: €62,000
- Cash -€41,626
down €41,626 (-35.7%), from €116,510 to €74,884
mainly Debts after one year (-€361,000) and Stocks and contracts (-€208,876)
- Short-term financial debts +€1.0m
up €1.0m (+118%), from €857,842 to €1.9m
- Debts after one year -€361,000
down €361,000 (-40.5%), from €892,000 to €531,000
- Trade debts -€138,752
down €138,752 (-72.9%), from €190,435 to €51,683
- Profit (loss) carried forward -€107,332
down €107,332 (-73.9%), from -€145,174 to -€252,506
- Tax, wage and social debts +€24,739
new in 2025: €24,739
- Gross operating margin +€46,352
up €46,352 (+45.3%), from -€102,368 to -€56,016
- Financial charges +€12,375
up €12,375 (+29.2%), from €42,422 to €54,796
- Financial income +€3,930
up €3,930 (+19,651,050%), from €0 to €3,930
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 | €1,816,786 | €2,254,067 | +€437,281 | +24.1% |
| Fixed assets | 21/28 | - | €4,000 | +€4,000 | |
| Financial fixed assets | 28 | - | €4,000 | +€4,000 | |
| Current assets | 29/58 | €1,816,786 | €2,250,067 | +€433,281 | +23.8% |
| Amounts receivable after more than one year | 29 | - | €62,000 | +€62,000 | |
| Other amounts receivable | 291 | - | €62,000 | +€62,000 | |
| Stocks and contracts in progress | 3 | €1,602,404 | €1,811,280 | +€208,876 | +13.0% |
| Stocks | 30/36 | €1,602,404 | €1,811,280 | +€208,876 | +13.0% |
| Amounts receivable within one year | 40/41 | €97,872 | €301,427 | +€203,555 | +208% |
| Trade receivables | 40 | - | €295,423 | +€295,423 | |
| Other amounts receivable | 41 | €97,872 | €6,004 | -€91,867 | -93.9% |
| Cash at bank and in hand | 54/58 | €116,510 | €74,884 | -€41,626 | -35.7% |
| Deferred charges and accrued income | 490/1 | - | €476 | +€476 | |
| Total equity and liabilities | 10/49 | €1,816,786 | €2,254,067 | +€437,281 | +24.1% |
| Equity | 10/15 | -€140,174 | -€247,506 | -€107,332 | -76.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€145,174 | -€252,506 | -€107,332 | -73.9% |
| Amounts payable | 17/49 | €1,956,960 | €2,501,573 | +€544,613 | +27.8% |
| Amounts payable after more than one year | 17 | €892,000 | €531,000 | -€361,000 | -40.5% |
| Other amounts payable | 178/9 | €892,000 | €531,000 | -€361,000 | -40.5% |
| Amounts payable within one year | 42/48 | €1,064,277 | €1,968,556 | +€904,279 | +85.0% |
| Current portion of amounts payable after more than one year | 42 | €16,000 | €16,000 | = | 0.0% |
| Financial debts | 43 | €857,842 | €1,867,634 | +€1.0m | +118% |
| Credit institutions | 430/8 | €857,842 | €1,867,634 | +€1.0m | +118% |
| Trade debts | 44 | €190,435 | €51,683 | -€138,752 | -72.9% |
| Suppliers | 440/4 | €190,435 | €51,683 | -€138,752 | -72.9% |
| Taxes, remuneration and social security | 45 | - | €24,739 | +€24,739 | |
| Taxes | 450/3 | - | €24,739 | +€24,739 | |
| Other amounts payable | 47/48 | - | €8,500 | +€8,500 | |
| Accrued charges and deferred income | 492/3 | €683 | €2,017 | +€1,334 | +195% |
| Other operating charges | 640/8 | €384 | €449 | +€65 | +16.9% |
| Gross operating margin | 9900 | -€102,368 | -€56,016 | +€46,352 | +45.3% |
| Operating profit (loss) | 9901 | -€102,753 | -€56,465 | +€46,287 | +45.0% |
| Financial income | 75/76B | €0 | €3,930 | +€3,930 | +19,651,050% |
| Recurring financial income | 75 | €0 | €3,930 | +€3,930 | +19,651,050% |
| Financial charges | 65/66B | €42,422 | €54,796 | +€12,375 | +29.2% |
| Recurring financial charges | 65 | €42,422 | €54,796 | +€12,375 | +29.2% |
| Profit (loss) for the period before taxes | 9903 | -€145,174 | -€107,332 | +€37,843 | +26.1% |
| Profit (loss) for the period | 9904 | -€145,174 | -€107,332 | +€37,843 | +26.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€145,174 | -€107,332 | +€37,843 | +26.1% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.