AK RENOVATION: 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 RENOVATION
Largest movements
- Receivables within one year +€58,451
up €58,451 (+65.7%), from €88,940 to €147,391
of which Trade receivables: +€51,571
- Tangible fixed assets +€17,764
up €17,764 (+197%), from €9,010 to €26,773
- Deferred charges and accrued income +€17,567
up €17,567 (+107,642%), from €16 to €17,583
- Cash +€6,446
up €6,446 (+1,118%), from €576 to €7,022
mainly Trade debts (+€96,139) and Tax, wage and social debts (+€37,591)
- Trade debts +€96,139
up €96,139 (+271%), from €35,516 to €131,655
- Tax, wage and social debts +€37,591
up €37,591 (+284%), from €13,246 to €50,837
of which Remuneration and social security: +€44,574
- Profit (loss) carried forward -€33,920
down €33,920 (-71.0%), from €47,781 to €13,860
- Staff costs +€42,827
new in 2024: €42,827
- Other operating charges +€31,751
up €31,751 (+11,803%), from €269 to €32,020
- Gross operating margin +€8,457
up €8,457 (+22.9%), from €36,925 to €45,382
- Taxes -€7,294
no longer reported in 2024 (was €7,294)
- Depreciation +€4,196
new in 2024: €4,196
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €98,543 | €198,770 | +€100,227 | +102% |
| Fixed assets | 21/28 | €9,010 | €26,773 | +€17,764 | +197% |
| Tangible fixed assets | 22/27 | €9,010 | €26,773 | +€17,764 | +197% |
| Furniture and vehicles | 24 | €9,010 | €26,773 | +€17,764 | +197% |
| Current assets | 29/58 | €89,533 | €171,997 | +€82,464 | +92.1% |
| Amounts receivable within one year | 40/41 | €88,940 | €147,391 | +€58,451 | +65.7% |
| Trade receivables | 40 | €80,330 | €131,901 | +€51,571 | +64.2% |
| Other amounts receivable | 41 | €8,611 | €15,490 | +€6,880 | +79.9% |
| Cash at bank and in hand | 54/58 | €576 | €7,022 | +€6,446 | +1,118% |
| Deferred charges and accrued income | 490/1 | €16 | €17,583 | +€17,567 | +107,642% |
| Total equity and liabilities | 10/49 | €98,543 | €198,770 | +€100,227 | +102% |
| Equity | 10/15 | €49,781 | €15,860 | -€33,920 | -68.1% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €47,781 | €13,860 | -€33,920 | -71.0% |
| Amounts payable | 17/49 | €48,762 | €182,909 | +€134,147 | +275% |
| Amounts payable within one year | 42/48 | €48,762 | €182,909 | +€134,147 | +275% |
| Financial debts | 43 | - | €67 | +€67 | |
| Credit institutions | 430/8 | - | €67 | +€67 | |
| Trade debts | 44 | €35,516 | €131,655 | +€96,139 | +271% |
| Suppliers | 440/4 | €35,516 | €131,655 | +€96,139 | +271% |
| Taxes, remuneration and social security | 45 | €13,246 | €50,837 | +€37,591 | +284% |
| Taxes | 450/3 | €12,212 | €5,229 | -€6,983 | -57.2% |
| Remuneration and social security | 454/9 | €1,034 | €45,608 | +€44,574 | +4,312% |
| Other amounts payable | 47/48 | - | €351 | +€351 | |
| Remuneration, social security and pensions | 62 | - | €42,827 | +€42,827 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €4,196 | +€4,196 | |
| Other operating charges | 640/8 | €269 | €32,020 | +€31,751 | +11,803% |
| Gross operating margin | 9900 | €36,925 | €45,382 | +€8,457 | +22.9% |
| Operating profit (loss) | 9901 | €36,656 | -€33,661 | -€70,317 | |
| Financial income | 75/76B | €0 | €100 | +€100 | +499,950% |
| Recurring financial income | 75 | €0 | €100 | +€100 | +499,950% |
| Non-recurring financial income | 76B | - | €100 | +€100 | |
| Financial charges | 65/66B | €186 | €359 | +€173 | +92.7% |
| Recurring financial charges | 65 | €186 | €359 | +€173 | +92.7% |
| Profit (loss) for the period before taxes | 9903 | €36,470 | -€33,920 | -€70,390 | |
| Income taxes | 67/77 | €7,294 | - | -€7,294 | |
| Profit (loss) for the period | 9904 | €29,176 | -€33,920 | -€63,096 | |
| Profit (loss) for the period to be appropriated | 9905 | €29,176 | -€33,920 | -€63,096 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.