AK Herentals: 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 Herentals
Largest movements
- Cash -€142,698
down €142,698 (-31.5%), from €452,429 to €309,731
mainly Net result for the year (-€395,876) and Investment in fixed assets (net) (-€102,068)
- Tangible fixed assets +€84,823
up €84,823 (+219%), from €38,656 to €123,479
of which Plant, machinery and equipment: +€75,206
- Stocks and contracts -€44,308
down €44,308 (-5.3%), from €830,754 to €786,446
- Receivables within one year -€42,648
down €42,648 (-15.1%), from €282,891 to €240,244
of which Other amounts receivable: -€40,166
- Profit (loss) carried forward -€395,876
down €395,876 (-187%), from -€211,185 to -€607,061
- Trade debts +€333,410
up €333,410 (+22.3%), from €1.5m to €1.8m
- Tax, wage and social debts -€74,606
down €74,606 (-28.3%), from €263,317 to €188,711
of which Remuneration and social security: -€75,011
- Gross operating margin -€779,303
down €779,303 (-49.0%), from €1.6m to €811,288
- Staff costs -€566,456
down €566,456 (-31.7%), from €1.8m to €1.2m
- Financial charges -€20,791
down €20,791 (-40.9%), from €50,816 to €30,024
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,699,683 | €1,562,882 | -€136,800 | -8.0% |
| Fixed assets | 21/28 | €46,216 | €131,039 | +€84,823 | +184% |
| Tangible fixed assets | 22/27 | €38,656 | €123,479 | +€84,823 | +219% |
| Plant, machinery and equipment | 23 | €5,072 | €80,278 | +€75,206 | +1,483% |
| Furniture and vehicles | 24 | €25,758 | €10,178 | -€15,579 | -60.5% |
| Other tangible fixed assets | 26 | €7,827 | €33,022 | +€25,196 | +322% |
| Financial fixed assets | 28 | €7,560 | €7,560 | = | 0.0% |
| Current assets | 29/58 | €1,653,466 | €1,431,843 | -€221,623 | -13.4% |
| Stocks and contracts in progress | 3 | €830,754 | €786,446 | -€44,308 | -5.3% |
| Stocks | 30/36 | €830,754 | €786,446 | -€44,308 | -5.3% |
| Amounts receivable within one year | 40/41 | €282,891 | €240,244 | -€42,648 | -15.1% |
| Trade receivables | 40 | €120,449 | €117,967 | -€2,482 | -2.1% |
| Other amounts receivable | 41 | €162,443 | €122,277 | -€40,166 | -24.7% |
| Cash at bank and in hand | 54/58 | €452,429 | €309,731 | -€142,698 | -31.5% |
| Deferred charges and accrued income | 490/1 | €87,393 | €95,423 | +€8,030 | +9.2% |
| Total equity and liabilities | 10/49 | €1,699,683 | €1,562,882 | -€136,800 | -8.0% |
| Equity | 10/15 | -€56,185 | -€452,061 | -€395,876 | -705% |
| Contributions | 10/11 | €155,000 | €155,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€211,185 | -€607,061 | -€395,876 | -187% |
| Amounts payable | 17/49 | €1,755,868 | €2,014,943 | +€259,075 | +14.8% |
| Amounts payable within one year | 42/48 | €1,755,868 | €2,014,943 | +€259,075 | +14.8% |
| Trade debts | 44 | €1,492,551 | €1,825,961 | +€333,410 | +22.3% |
| Suppliers | 440/4 | €1,492,551 | €1,825,961 | +€333,410 | +22.3% |
| Taxes, remuneration and social security | 45 | €263,317 | €188,711 | -€74,606 | -28.3% |
| Taxes | 450/3 | €279 | €684 | +€405 | +145% |
| Remuneration and social security | 454/9 | €263,038 | €188,027 | -€75,011 | -28.5% |
| Other amounts payable | 47/48 | - | €271 | +€271 | |
| Non-recurring operating income | 76A | €4,778 | €29,555 | +€24,777 | +519% |
| Remuneration, social security and pensions | 62 | €1,784,349 | €1,217,892 | -€566,456 | -31.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,886 | €17,245 | +€11,359 | +193% |
| Other operating charges | 640/8 | €4,051 | €6,933 | +€2,882 | +71.1% |
| Non-recurring operating charges | 66A | €6,502 | €0 | -€6,502 | -100% |
| Gross operating margin | 9900 | €1,590,590 | €811,288 | -€779,303 | -49.0% |
| Operating profit (loss) | 9901 | -€210,198 | -€430,783 | -€220,585 | -105% |
| Financial income | 75/76B | €50,107 | €65,616 | +€15,509 | +31.0% |
| Recurring financial income | 75 | €50,107 | €65,616 | +€15,509 | +31.0% |
| Financial charges | 65/66B | €50,816 | €30,024 | -€20,791 | -40.9% |
| Recurring financial charges | 65 | €50,816 | €30,024 | -€20,791 | -40.9% |
| Profit (loss) for the period before taxes | 9903 | -€210,907 | -€395,191 | -€184,285 | -87.4% |
| Income taxes | 67/77 | €279 | €684 | +€405 | +145% |
| Profit (loss) for the period | 9904 | -€211,185 | -€395,876 | -€184,690 | -87.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€211,185 | -€395,876 | -€184,690 | -87.5% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.