AK & GUN: 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 & GUN
Largest movements
- Receivables within one year +€61,465
new in 2025: €61,465
of which Other amounts receivable: +€54,782
- Cash -€21,932
down €21,932 (-69.4%), from €31,604 to €9,671
mainly Receivables within one year (-€61,465) and Investment in fixed assets (net) (-€9,215)
- Stocks and contracts +€7,000
new in 2025: €7,000
- Tangible fixed assets -€2,200
down €2,200 (-5.9%), from €37,363 to €35,163
of which Furniture and vehicles: -€4,925
- Trade debts +€25,599
new in 2025: €25,599
- Profit (loss) carried forward +€22,194
up €22,194 (+69.8%), from €31,807 to €54,001
- Other debts -€5,917
no longer reported in 2025 (was €5,917)
- Tax, wage and social debts +€5,175
up €5,175 (+79.3%), from €6,525 to €11,700
- Current portion of long-term debt -€2,718
no longer reported in 2025 (was €2,718)
- Gross operating margin +€84,440
up €84,440 (+59.2%), from €142,635 to €227,075
- Staff costs +€52,056
up €52,056 (+44.3%), from €117,502 to €169,557
- Financial income -€8,798
down €8,798 (-85.7%), from €10,265 to €1,467
of which Non-recurring financial income: -€10,265
- Financial charges +€4,537
up €4,537 (+72.7%), from €6,244 to €10,781
- Taxes +€4,049
up €4,049 (+86.7%), from €4,668 to €8,717
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 | €68,967 | €113,300 | +€44,333 | +64.3% |
| Fixed assets | 21/28 | €37,363 | €35,163 | -€2,200 | -5.9% |
| Tangible fixed assets | 22/27 | €37,363 | €35,163 | -€2,200 | -5.9% |
| Plant, machinery and equipment | 23 | €10,294 | €13,019 | +€2,725 | +26.5% |
| Furniture and vehicles | 24 | €27,069 | €22,144 | -€4,925 | -18.2% |
| Current assets | 29/58 | €31,604 | €78,137 | +€46,533 | +147% |
| Stocks and contracts in progress | 3 | - | €7,000 | +€7,000 | |
| Stocks | 30/36 | - | €7,000 | +€7,000 | |
| Amounts receivable within one year | 40/41 | - | €61,465 | +€61,465 | |
| Trade receivables | 40 | - | €6,683 | +€6,683 | |
| Other amounts receivable | 41 | - | €54,782 | +€54,782 | |
| Cash at bank and in hand | 54/58 | €31,604 | €9,671 | -€21,932 | -69.4% |
| Total equity and liabilities | 10/49 | €68,967 | €113,300 | +€44,333 | +64.3% |
| Equity | 10/15 | €53,807 | €76,001 | +€22,194 | +41.2% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Capital | 10 | €20,000 | €20,000 | = | 0.0% |
| Issued capital | 100 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €2,000 | €2,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Legal reserve | 130 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €31,807 | €54,001 | +€22,194 | +69.8% |
| Amounts payable | 17/49 | €15,160 | €37,299 | +€22,138 | +146% |
| Amounts payable within one year | 42/48 | €15,160 | €37,299 | +€22,138 | +146% |
| Current portion of amounts payable after more than one year | 42 | €2,718 | - | -€2,718 | |
| Trade debts | 44 | - | €25,599 | +€25,599 | |
| Suppliers | 440/4 | - | €25,599 | +€25,599 | |
| Taxes, remuneration and social security | 45 | €6,525 | €11,700 | +€5,175 | +79.3% |
| Taxes | 450/3 | €6,525 | €11,700 | +€5,175 | +79.3% |
| Other amounts payable | 47/48 | €5,917 | - | -€5,917 | |
| Remuneration, social security and pensions | 62 | €117,502 | €169,557 | +€52,056 | +44.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,536 | €11,415 | +€3,880 | +51.5% |
| Other operating charges | 640/8 | €2,545 | €5,877 | +€3,331 | +131% |
| Gross operating margin | 9900 | €142,635 | €227,075 | +€84,440 | +59.2% |
| Operating profit (loss) | 9901 | €15,053 | €40,226 | +€25,173 | +167% |
| Financial income | 75/76B | €10,265 | €1,467 | -€8,798 | -85.7% |
| Recurring financial income | 75 | €10,265 | €1,467 | -€8,798 | -85.7% |
| Non-recurring financial income | 76B | €10,265 | - | -€10,265 | |
| Financial charges | 65/66B | €6,244 | €10,781 | +€4,537 | +72.7% |
| Recurring financial charges | 65 | €6,244 | €10,781 | +€4,537 | +72.7% |
| Profit (loss) for the period before taxes | 9903 | €19,074 | €30,912 | +€11,838 | +62.1% |
| Income taxes | 67/77 | €4,668 | €8,717 | +€4,049 | +86.7% |
| Profit (loss) for the period | 9904 | €14,405 | €22,194 | +€7,789 | +54.1% |
| Profit (loss) for the period to be appropriated | 9905 | €14,405 | €22,194 | +€7,789 | +54.1% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.