AK-CONSTRUCT: 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-CONSTRUCT
Largest movements
- Receivables within one year -€15,453
down €15,453 (-77.5%), from €19,944 to €4,491
- Cash -€2,536
down €2,536 (-63.6%), from €3,984 to €1,449
mainly Net result for the year (-€9,188) and Tax, wage and social debts (-€5,498)
- Deferred charges and accrued income +€843
new in 2025: €843
- Tangible fixed assets -€380
down €380 (-38.3%), from €991 to €611
- Profit (loss) carried forward -€9,188
down €9,188 (-41.7%), from -€22,029 to -€31,217
- Tax, wage and social debts -€5,498
down €5,498 (-38.7%), from €14,199 to €8,700
- Other debts -€2,783
down €2,783 (-23.1%), from €12,027 to €9,243
- Trade debts -€252
down €252 (-54.9%), from €458 to €207
- Purchases and services +€10,981
up €10,981 (+96.5%), from €11,378 to €22,360
- Turnover +€7,000
up €7,000 (+100%), from €7,000 to €14,000
- Gross operating margin -€3,981
down €3,981 (-90.9%), from -€4,378 to -€8,360
- Other operating charges -€539
down €539 (-57.2%), from €942 to €404
- Depreciation +€231
up €231 (+155%), from €149 to €380
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 | €25,115 | €7,394 | -€17,721 | -70.6% |
| Fixed assets | 21/28 | €1,186 | €611 | -€575 | -48.5% |
| Tangible fixed assets | 22/27 | €991 | €611 | -€380 | -38.3% |
| Furniture and vehicles | 24 | €991 | €611 | -€380 | -38.3% |
| Financial fixed assets | 28 | €195 | - | -€195 | |
| Current assets | 29/58 | €23,929 | €6,783 | -€17,146 | -71.7% |
| Amounts receivable within one year | 40/41 | €19,944 | €4,491 | -€15,453 | -77.5% |
| Other amounts receivable | 41 | €19,944 | €4,491 | -€15,453 | -77.5% |
| Cash at bank and in hand | 54/58 | €3,984 | €1,449 | -€2,536 | -63.6% |
| Deferred charges and accrued income | 490/1 | - | €843 | +€843 | |
| Total equity and liabilities | 10/49 | €25,115 | €7,394 | -€17,721 | -70.6% |
| Equity | 10/15 | -€1,569 | -€10,757 | -€9,188 | -586% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | - | -€18,600 | |
| Issued capital | 100 | €18,600 | - | -€18,600 | |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | - | €1,860 | +€1,860 | |
| Profit (loss) carried forward | 14 | -€22,029 | -€31,217 | -€9,188 | -41.7% |
| Amounts payable | 17/49 | €26,684 | €18,151 | -€8,533 | -32.0% |
| Amounts payable within one year | 42/48 | €26,684 | €18,151 | -€8,533 | -32.0% |
| Trade debts | 44 | €458 | €207 | -€252 | -54.9% |
| Suppliers | 440/4 | €458 | €207 | -€252 | -54.9% |
| Taxes, remuneration and social security | 45 | €14,199 | €8,700 | -€5,498 | -38.7% |
| Taxes | 450/3 | €14,199 | €8,700 | -€5,498 | -38.7% |
| Other amounts payable | 47/48 | €12,027 | €9,243 | -€2,783 | -23.1% |
| Turnover | 70 | €7,000 | €14,000 | +€7,000 | +100% |
| Goods, raw materials, services and sundry goods | 60/61 | €11,378 | €22,360 | +€10,981 | +96.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €149 | €380 | +€231 | +155% |
| Other operating charges | 640/8 | €942 | €404 | -€539 | -57.2% |
| Gross operating margin | 9900 | -€4,378 | -€8,360 | -€3,981 | -90.9% |
| Operating profit (loss) | 9901 | -€5,469 | -€9,143 | -€3,674 | -67.2% |
| Financial charges | 65/66B | €45 | €45 | = | 0.0% |
| Recurring financial charges | 65 | €45 | €45 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | -€5,514 | -€9,188 | -€3,674 | -66.6% |
| Profit (loss) for the period | 9904 | -€5,514 | -€9,188 | -€3,674 | -66.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,514 | -€9,188 | -€3,674 | -66.6% |
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 29 October 2026 via checked.be.