AK-CONCEPT: 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-CONCEPT
Largest movements
- Receivables within one year -€5,662
down €5,662 (-13.5%), from €42,088 to €36,426
of which Trade receivables: -€11,576
- Tangible fixed assets -€4,331
down €4,331 (-18.8%), from €23,028 to €18,697
of which Furniture and vehicles: -€5,114
- Cash +€2,539
up €2,539 (+34.9%), from €7,268 to €9,806
mainly Depreciation (+€7,052) and Receivables within one year (+€5,662)
- Deferred charges and accrued income -€1,485
down €1,485 (-83.0%), from €1,789 to €303
- Debts after one year -€5,160
no longer reported in 2025 (was €5,160)
- Current portion of long-term debt -€3,340
down €3,340 (-39.3%), from €8,500 to €5,160
- Reserves +€3,091
up €3,091 (+6.4%), from €47,952 to €51,043
- Trade debts -€2,732
down €2,732 (-56.2%), from €4,861 to €2,130
- Tax, wage and social debts -€774
down €774 (-27.9%), from €2,774 to €2,000
of which Taxes: -€2,774
- Gross operating margin -€7,001
down €7,001 (-34.6%), from €20,223 to €13,221
- Depreciation -€3,292
down €3,292 (-31.8%), from €10,344 to €7,052
- Financial charges -€665
down €665 (-51.1%), from €1,303 to €638
- Financial income +€371
up €371 (+29.1%), from €1,275 to €1,646
- Other operating charges +€217
up €217 (+18.4%), from €1,177 to €1,395
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 | €74,172 | €65,232 | -€8,940 | -12.1% |
| Fixed assets | 21/28 | €23,028 | €18,697 | -€4,331 | -18.8% |
| Tangible fixed assets | 22/27 | €23,028 | €18,697 | -€4,331 | -18.8% |
| Plant, machinery and equipment | 23 | €457 | €1,240 | +€783 | +171.2% |
| Furniture and vehicles | 24 | €22,571 | €17,456 | -€5,114 | -22.7% |
| Current assets | 29/58 | €51,144 | €46,536 | -€4,608 | -9.0% |
| Amounts receivable within one year | 40/41 | €42,088 | €36,426 | -€5,662 | -13.5% |
| Trade receivables | 40 | €11,576 | - | -€11,576 | |
| Other amounts receivable | 41 | €30,512 | €36,426 | +€5,914 | +19.4% |
| Cash at bank and in hand | 54/58 | €7,268 | €9,806 | +€2,539 | +34.9% |
| Deferred charges and accrued income | 490/1 | €1,789 | €303 | -€1,485 | -83.0% |
| Total equity and liabilities | 10/49 | €74,172 | €65,232 | -€8,940 | -12.1% |
| Equity | 10/15 | €51,952 | €55,043 | +€3,091 | +5.9% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €47,952 | €51,043 | +€3,091 | +6.4% |
| Distributable reserves | 133 | €47,952 | €51,043 | +€3,091 | +6.4% |
| Amounts payable | 17/49 | €22,220 | €10,190 | -€12,030 | -54.1% |
| Amounts payable after more than one year | 17 | €5,160 | - | -€5,160 | |
| Financial debts | 170/4 | €5,160 | - | -€5,160 | |
| Amounts payable within one year | 42/48 | €16,994 | €10,123 | -€6,872 | -40.4% |
| Current portion of amounts payable after more than one year | 42 | €8,500 | €5,160 | -€3,340 | -39.3% |
| Trade debts | 44 | €4,861 | €2,130 | -€2,732 | -56.2% |
| Suppliers | 440/4 | €4,861 | €2,130 | -€2,732 | -56.2% |
| Taxes, remuneration and social security | 45 | €2,774 | €2,000 | -€774 | -27.9% |
| Taxes | 450/3 | €2,774 | - | -€2,774 | |
| Remuneration and social security | 454/9 | - | €2,000 | +€2,000 | |
| Other amounts payable | 47/48 | €859 | €833 | -€26 | -3.0% |
| Accrued charges and deferred income | 492/3 | €66 | €67 | +€1 | +2.0% |
| Non-recurring operating income | 76A | - | €2,952 | +€2,952 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,344 | €7,052 | -€3,292 | -31.8% |
| Other operating charges | 640/8 | €1,177 | €1,395 | +€217 | +18.4% |
| Gross operating margin | 9900 | €20,223 | €13,221 | -€7,001 | -34.6% |
| Operating profit (loss) | 9901 | €8,701 | €4,775 | -€3,927 | -45.1% |
| Financial income | 75/76B | €1,275 | €1,646 | +€371 | +29.1% |
| Recurring financial income | 75 | €1,275 | €1,646 | +€371 | +29.1% |
| Financial charges | 65/66B | €1,303 | €638 | -€665 | -51.1% |
| Recurring financial charges | 65 | €1,303 | €638 | -€665 | -51.1% |
| Profit (loss) for the period before taxes | 9903 | €8,674 | €5,783 | -€2,891 | -33.3% |
| Income taxes | 67/77 | €1,938 | €1,859 | -€79 | -4.1% |
| Profit (loss) for the period | 9904 | €6,735 | €3,924 | -€2,812 | -41.7% |
| Profit (loss) for the period to be appropriated | 9905 | €6,735 | €3,924 | -€2,812 | -41.7% |
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 12 October 2026 via checked.be.