AK PROJECTS: 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 PROJECTS
Largest movements
- Tangible fixed assets -€6,341
down €6,341 (-3.5%), from €181,709 to €175,367
- Debts after one year -€9,113
down €9,113 (-8.2%), from €110,929 to €101,816
- Reserves +€2,824
up €2,824 (+41.0%), from €6,893 to €9,717
- Financial charges -€400
down €400 (-5.9%), from €6,745 to €6,344
- Gross operating margin +€381
up €381 (+2.1%), from €18,110 to €18,491
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 | €187,904 | €182,211 | -€5,693 | -3.0% |
| Fixed assets | 21/28 | €181,709 | €175,367 | -€6,341 | -3.5% |
| Tangible fixed assets | 22/27 | €181,709 | €175,367 | -€6,341 | -3.5% |
| Land and buildings | 22 | €181,709 | €175,367 | -€6,341 | -3.5% |
| Current assets | 29/58 | €6,196 | €6,844 | +€648 | +10.5% |
| Amounts receivable within one year | 40/41 | €5,003 | €5,240 | +€237 | +4.7% |
| Trade receivables | 40 | €4,050 | €4,050 | = | 0.0% |
| Other amounts receivable | 41 | €953 | €1,190 | +€237 | +24.9% |
| Cash at bank and in hand | 54/58 | €1,193 | €1,604 | +€411 | +34.5% |
| Total equity and liabilities | 10/49 | €187,904 | €182,211 | -€5,693 | -3.0% |
| Equity | 10/15 | €25,493 | €28,317 | +€2,824 | +11.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €6,893 | €9,717 | +€2,824 | +41.0% |
| Distributable reserves | 133 | €6,893 | €9,717 | +€2,824 | +41.0% |
| Amounts payable | 17/49 | €162,411 | €153,895 | -€8,517 | -5.2% |
| Amounts payable after more than one year | 17 | €110,929 | €101,816 | -€9,113 | -8.2% |
| Financial debts | 170/4 | €110,929 | €101,816 | -€9,113 | -8.2% |
| Amounts payable within one year | 42/48 | €51,329 | €52,070 | +€742 | +1.4% |
| Current portion of amounts payable after more than one year | 42 | €8,841 | €9,113 | +€272 | +3.1% |
| Trade debts | 44 | €501 | €400 | -€101 | -20.2% |
| Suppliers | 440/4 | €501 | €400 | -€101 | -20.2% |
| Taxes, remuneration and social security | 45 | €1,874 | €828 | -€1,046 | -55.8% |
| Taxes | 450/3 | €1,874 | €828 | -€1,046 | -55.8% |
| Other amounts payable | 47/48 | €40,112 | €41,730 | +€1,618 | +4.0% |
| Accrued charges and deferred income | 492/3 | €154 | €8 | -€146 | -94.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,341 | €6,341 | = | 0.0% |
| Other operating charges | 640/8 | €1,729 | €1,718 | -€11 | -0.6% |
| Gross operating margin | 9900 | €18,110 | €18,491 | +€381 | +2.1% |
| Operating profit (loss) | 9901 | €10,040 | €10,432 | +€392 | +3.9% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €6,745 | €6,344 | -€400 | -5.9% |
| Recurring financial charges | 65 | €6,745 | €6,344 | -€400 | -5.9% |
| Profit (loss) for the period before taxes | 9903 | €3,295 | €4,087 | +€792 | +24.0% |
| Income taxes | 67/77 | €1,163 | €1,264 | +€101 | +8.7% |
| Profit (loss) for the period | 9904 | €2,132 | €2,824 | +€691 | +32.4% |
| Profit (loss) for the period to be appropriated | 9905 | €2,132 | €2,824 | +€691 | +32.4% |
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 18 October 2026 via checked.be.