AK CONCEPT: what changed
Two fiscal 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
- Deferred charges and accrued income -€16,063
down €16,063 (-54.6%), from €29,411 to €13,349
- Cash +€11,877
up €11,877 (+5.7%), from €206,952 to €218,830
mainly Trade debts (+€18,537) and Deferred charges and accrued income (+€16,063)
- Receivables within one year +€10,251
up €10,251 (+94.1%), from €10,898 to €21,149
of which Other amounts receivable: +€9,968
- Stocks and contracts +€3,937
up €3,937 (+6.7%), from €58,341 to €62,278
- Tangible fixed assets -€3,792
down €3,792 (-24.0%), from €15,805 to €12,014
of which Plant, machinery and equipment: -€4,586
- Other debts -€19,782
down €19,782 (-39.5%), from €50,069 to €30,287
- Trade debts +€18,537
up €18,537 (+9.3%), from €199,888 to €218,424
- Accrued charges and deferred income +€4,211
up €4,211 (+668.4%), from €630 to €4,841
- Gross operating margin +€76,817
up €76,817 (+43.3%), from €177,299 to €254,116
- Staff costs +€18,867
up €18,867 (+9.4%), from €200,217 to €219,084
- Financial charges +€10,334
up €10,334 (+69.1%), from €14,949 to €25,283
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 | €321,709 | €327,919 | +€6,210 | +1.9% |
| Fixed assets | 21/28 | €16,105 | €12,314 | -€3,792 | -23.5% |
| Tangible fixed assets | 22/27 | €15,805 | €12,014 | -€3,792 | -24.0% |
| Plant, machinery and equipment | 23 | €15,461 | €10,875 | -€4,586 | -29.7% |
| Furniture and vehicles | 24 | €345 | €1,139 | +€794 | +230.4% |
| Financial fixed assets | 28 | €300 | €300 | = | 0.0% |
| Current assets | 29/58 | €305,603 | €315,606 | +€10,002 | +3.3% |
| Stocks and contracts in progress | 3 | €58,341 | €62,278 | +€3,937 | +6.7% |
| Stocks | 30/36 | €58,341 | €62,278 | +€3,937 | +6.7% |
| Amounts receivable within one year | 40/41 | €10,898 | €21,149 | +€10,251 | +94.1% |
| Trade receivables | 40 | - | €283 | +€283 | |
| Other amounts receivable | 41 | €10,898 | €20,866 | +€9,968 | +91.5% |
| Cash at bank and in hand | 54/58 | €206,952 | €218,830 | +€11,877 | +5.7% |
| Deferred charges and accrued income | 490/1 | €29,411 | €13,349 | -€16,063 | -54.6% |
| Total equity and liabilities | 10/49 | €321,709 | €327,919 | +€6,210 | +1.9% |
| Equity | 10/15 | €59,637 | €60,846 | +€1,209 | +2.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Other | 1109/19 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €39,177 | €40,386 | +€1,209 | +3.1% |
| Amounts payable | 17/49 | €262,072 | €267,073 | +€5,001 | +1.9% |
| Amounts payable within one year | 42/48 | €261,442 | €262,232 | +€790 | +0.3% |
| Trade debts | 44 | €199,888 | €218,424 | +€18,537 | +9.3% |
| Suppliers | 440/4 | €199,888 | €218,424 | +€18,537 | +9.3% |
| Taxes, remuneration and social security | 45 | €11,485 | €13,520 | +€2,036 | +17.7% |
| Taxes | 450/3 | €168 | €1,262 | +€1,094 | +652.0% |
| Remuneration and social security | 454/9 | €11,317 | €12,258 | +€941 | +8.3% |
| Other amounts payable | 47/48 | €50,069 | €30,287 | -€19,782 | -39.5% |
| Accrued charges and deferred income | 492/3 | €630 | €4,841 | +€4,211 | +668.4% |
| Remuneration, social security and pensions | 62 | €200,217 | €219,084 | +€18,867 | +9.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,446 | €5,038 | +€592 | +13.3% |
| Other operating charges | 640/8 | €2,284 | €3,363 | +€1,080 | +47.3% |
| Gross operating margin | 9900 | €177,299 | €254,116 | +€76,817 | +43.3% |
| Operating profit (loss) | 9901 | -€29,648 | €26,630 | +€56,278 | |
| Financial income | 75/76B | - | €143 | +€143 | |
| Recurring financial income | 75 | - | €143 | +€143 | |
| Financial charges | 65/66B | €14,949 | €25,283 | +€10,334 | +69.1% |
| Recurring financial charges | 65 | €14,949 | €25,283 | +€10,334 | +69.1% |
| Profit (loss) for the period before taxes | 9903 | -€44,596 | €1,491 | +€46,087 | |
| Income taxes | 67/77 | €168 | €282 | +€114 | +67.8% |
| Profit (loss) for the period | 9904 | -€44,764 | €1,209 | +€45,973 | |
| Profit (loss) for the period to be appropriated | 9905 | -€44,764 | €1,209 | +€45,973 |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.