AK&CO SERVICES: 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.
What changed
AK&CO SERVICES
NACE 49.410, Freight transport by road
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€10,821
2024 · €12,056-€1,236
Equity
€132,521
2024 · €123,366+€9,155
Cash
€104,847
2024 · €181,015-€76,169
Balance sheet total
€2.3m
2024 · €2.6m-€322,005
Largest movements
Assets
- Tangible fixed assets -€221,366
down €221,366 (-10.2%), from €2.2m to €2.0m
of which Furniture and vehicles: -€156,600
- Cash -€76,169
down €76,169 (-42.1%), from €181,015 to €104,847
mainly Debts after one year (-€195,586) and Other debts (-€101,744)
Equity and liabilities
- Debts after one year -€195,586
down €195,586 (-13.0%), from €1.5m to €1.3m
- Other debts -€101,744
down €101,744 (-14.4%), from €704,705 to €602,960
Income statement
- Staff costs -€61,458
down €61,458 (-28.0%), from €219,288 to €157,830
- Gross operating margin -€42,676
down €42,676 (-8.7%), from €493,227 to €450,550
- Depreciation +€22,301
up €22,301 (+10.3%), from €216,856 to €239,157
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.
Result 2024
€12,056
Gross operating margin
-€42,676
Staff costs
+€61,458
Depreciation
-€22,301
Other operating charges
-€165
Other operating items
+€3,079
Financial income
-€1
Financial charges
-€32
Taxes
-€597
Result 2025
€10,821
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€143,749
Investment
-€17,791
Financing
-€202,127
Cash 2024
€181,015
From operations (derived)
+€143,749
Net result for the year
+€10,821
Depreciation
+€239,157
Receivables within one year
+€24,469
Trade debts
+€12,572
Tax, wage and social debts
-€25,860
Other debts
-€101,744
Accrued charges and deferred income
-€15,666
Investment (derived)
-€17,791
Investment in fixed assets (net)
-€17,791
Financing
-€202,127
Debts after one year
-€195,586
Current portion of long-term debt
-€4,875
Contributions, distributions and other
-€1,666
Cash 2025
€104,847
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,612,823 | €2,290,818 | -€322,005 | -12.3% |
| Fixed assets | 21/28 | €2,174,877 | €1,953,511 | -€221,366 | -10.2% |
| Tangible fixed assets | 22/27 | €2,174,677 | €1,953,311 | -€221,366 | -10.2% |
| Land and buildings | 22 | €1,473,555 | €1,414,055 | -€59,500 | -4.0% |
| Plant, machinery and equipment | 23 | €55,275 | €50,008 | -€5,267 | -9.5% |
| Furniture and vehicles | 24 | €645,848 | €489,248 | -€156,600 | -24.2% |
| Financial fixed assets | 28 | €200 | €200 | = | 0.0% |
| Current assets | 29/58 | €437,945 | €337,307 | -€100,638 | -23.0% |
| Stocks and contracts in progress | 3 | €46,236 | €46,236 | = | 0.0% |
| Stocks | 30/36 | €46,236 | €46,236 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €209,037 | €184,567 | -€24,469 | -11.7% |
| Trade receivables | 40 | €153,705 | €128,267 | -€25,439 | -16.6% |
| Other amounts receivable | 41 | €55,331 | €56,301 | +€969 | +1.8% |
| Cash at bank and in hand | 54/58 | €181,015 | €104,847 | -€76,169 | -42.1% |
| Deferred charges and accrued income | 490/1 | €1,658 | €1,658 | = | 0.0% |
| Total equity and liabilities | 10/49 | €2,612,823 | €2,290,818 | -€322,005 | -12.3% |
| Equity | 10/15 | €123,366 | €132,521 | +€9,155 | +7.4% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €73,366 | €82,521 | +€9,155 | +12.5% |
| Distributable reserves | 133 | €73,366 | €82,521 | +€9,155 | +12.5% |
| Amounts payable | 17/49 | €2,489,457 | €2,158,297 | -€331,159 | -13.3% |
| Amounts payable after more than one year | 17 | €1,509,998 | €1,314,412 | -€195,586 | -13.0% |
| Financial debts | 170/4 | €1,509,998 | €1,314,412 | -€195,586 | -13.0% |
| Amounts payable within one year | 42/48 | €963,794 | €843,886 | -€119,908 | -12.4% |
| Current portion of amounts payable after more than one year | 42 | €201,085 | €196,210 | -€4,875 | -2.4% |
| Trade debts | 44 | €8,477 | €21,049 | +€12,572 | +148% |
| Suppliers | 440/4 | €8,477 | €21,049 | +€12,572 | +148% |
| Taxes, remuneration and social security | 45 | €49,527 | €23,667 | -€25,860 | -52.2% |
| Taxes | 450/3 | €41,688 | €19,770 | -€21,917 | -52.6% |
| Remuneration and social security | 454/9 | €7,839 | €3,896 | -€3,943 | -50.3% |
| Other amounts payable | 47/48 | €704,705 | €602,960 | -€101,744 | -14.4% |
| Accrued charges and deferred income | 492/3 | €15,666 | - | -€15,666 | |
| Non-recurring operating income | 76A | €14,634 | - | -€14,634 | |
| Remuneration, social security and pensions | 62 | €219,288 | €157,830 | -€61,458 | -28.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €216,856 | €239,157 | +€22,301 | +10.3% |
| Other operating charges | 640/8 | - | €165 | +€165 | |
| Non-recurring operating charges | 66A | €4,108 | €1,028 | -€3,079 | -75.0% |
| Gross operating margin | 9900 | €493,227 | €450,550 | -€42,676 | -8.7% |
| Operating profit (loss) | 9901 | €52,975 | €52,370 | -€605 | -1.1% |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €36,070 | €36,102 | +€32 | +0.1% |
| Recurring financial charges | 65 | €36,070 | €36,102 | +€32 | +0.1% |
| Non-recurring financial charges | 66B | - | €0 | +€0 | |
| Profit (loss) for the period before taxes | 9903 | €16,906 | €16,268 | -€638 | -3.8% |
| Income taxes | 67/77 | €4,850 | €5,447 | +€597 | +12.3% |
| Profit (loss) for the period | 9904 | €12,056 | €10,821 | -€1,236 | -10.2% |
| Profit (loss) for the period to be appropriated | 9905 | €12,056 | €10,821 | -€1,236 | -10.2% |
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 24 October 2026 via checked.be.