AK Capital: 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 Capital
Largest movements
- Cash -€32,959
down €32,959 (-67.5%), from €48,795 to €15,836
mainly Other debts (-€34,509) and Debts after one year (-€23,079)
- Tangible fixed assets -€10,272
down €10,272 (-2.0%), from €517,596 to €507,324
of which Land and buildings: -€14,305
- Other debts -€34,509
down €34,509 (-29.3%), from €117,820 to €83,311
- Debts after one year -€23,079
down €23,079 (-4.6%), from €497,167 to €474,088
- Profit (loss) carried forward +€11,307
up €11,307 (+15.0%), from -€75,151 to -€63,844
- Depreciation -€93,198
down €93,198 (-86.0%), from €108,347 to €15,149
- Turnover -€23,633
down €23,633 (-20.6%), from €114,928 to €91,295
- Gross operating margin -€13,510
down €13,510 (-24.4%), from €55,313 to €41,803
- Purchases and services -€10,122
down €10,122 (-17.0%), from €59,615 to €49,493
- Financial charges -€5,317
down €5,317 (-31.0%), from €17,133 to €11,816
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €566,391 | €524,236 | -€42,155 | -7.4% |
| Fixed assets | 21/28 | €517,596 | €507,324 | -€10,272 | -2.0% |
| Tangible fixed assets | 22/27 | €517,596 | €507,324 | -€10,272 | -2.0% |
| Land and buildings | 22 | €517,596 | €503,291 | -€14,305 | -2.8% |
| Furniture and vehicles | 24 | - | €4,033 | +€4,033 | |
| Current assets | 29/58 | €48,795 | €16,912 | -€31,883 | -65.3% |
| Cash at bank and in hand | 54/58 | €48,795 | €15,836 | -€32,959 | -67.5% |
| Deferred charges and accrued income | 490/1 | - | €1,076 | +€1,076 | |
| Total equity and liabilities | 10/49 | €566,391 | €524,236 | -€42,155 | -7.4% |
| Equity | 10/15 | -€71,151 | -€59,844 | +€11,307 | +15.9% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€75,151 | -€63,844 | +€11,307 | +15.0% |
| Amounts payable | 17/49 | €637,542 | €584,081 | -€53,461 | -8.4% |
| Amounts payable after more than one year | 17 | €497,167 | €474,088 | -€23,079 | -4.6% |
| Financial debts | 170/4 | €497,167 | €474,088 | -€23,079 | -4.6% |
| Amounts payable within one year | 42/48 | €140,375 | €109,993 | -€30,382 | -21.6% |
| Current portion of amounts payable after more than one year | 42 | €22,555 | €23,079 | +€524 | +2.3% |
| Trade debts | 44 | - | €3,603 | +€3,603 | |
| Suppliers | 440/4 | - | €3,603 | +€3,603 | |
| Other amounts payable | 47/48 | €117,820 | €83,311 | -€34,509 | -29.3% |
| Turnover | 70 | €114,928 | €91,295 | -€23,633 | -20.6% |
| Goods, raw materials, services and sundry goods | 60/61 | €59,615 | €49,493 | -€10,122 | -17.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €108,347 | €15,149 | -€93,198 | -86.0% |
| Other operating charges | 640/8 | €4,984 | €3,531 | -€1,453 | -29.2% |
| Gross operating margin | 9900 | €55,313 | €41,803 | -€13,510 | -24.4% |
| Operating profit (loss) | 9901 | -€58,018 | €23,123 | +€81,141 | |
| Financial charges | 65/66B | €17,133 | €11,816 | -€5,317 | -31.0% |
| Recurring financial charges | 65 | €17,133 | €11,816 | -€5,317 | -31.0% |
| Profit (loss) for the period before taxes | 9903 | -€75,151 | €11,307 | +€86,458 | |
| Profit (loss) for the period | 9904 | -€75,151 | €11,307 | +€86,458 | |
| Profit (loss) for the period to be appropriated | 9905 | -€75,151 | €11,307 | +€86,458 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.