AK SAHI: 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 SAHI
Largest movements
- Receivables within one year -€5,122
no longer reported in 2025 (was €5,122)
- Cash -€4,491
down €4,491 (-73.5%), from €6,110 to €1,618
mainly Trade debts (-€33,809) and Tax, wage and social debts (-€19,120)
- Tangible fixed assets -€2,433
down €2,433 (-71.4%), from €3,408 to €975
- Stocks and contracts -€2,410
down €2,410 (-3.0%), from €81,255 to €78,845
- Trade debts -€33,809
down €33,809 (-74.9%), from €45,155 to €11,346
- Other debts +€32,809
new in 2025: €32,809
- Tax, wage and social debts -€19,120
down €19,120 (-55.0%), from €34,736 to €15,616
of which Remuneration and social security: -€27,439
- Profit (loss) carried forward +€5,664
up €5,664 (+141%), from €4,004 to €9,668
- Staff costs -€29,112
down €29,112 (-38.5%), from €75,585 to €46,473
- Gross operating margin -€28,461
down €28,461 (-34.3%), from €83,013 to €54,552
- Financial income +€12,504
up €12,504 (+3,284%), from €381 to €12,884
of which Financial income: +€12,504
- Taxes +€7,910
new in 2025: €7,910
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 | €95,894 | €81,438 | -€14,456 | -15.1% |
| Fixed assets | 21/28 | €3,408 | €975 | -€2,433 | -71.4% |
| Tangible fixed assets | 22/27 | €3,408 | €975 | -€2,433 | -71.4% |
| Furniture and vehicles | 24 | €3,408 | €975 | -€2,433 | -71.4% |
| Current assets | 29/58 | €92,486 | €80,463 | -€12,023 | -13.0% |
| Stocks and contracts in progress | 3 | €81,255 | €78,845 | -€2,410 | -3.0% |
| Stocks | 30/36 | €81,255 | €78,845 | -€2,410 | -3.0% |
| Amounts receivable within one year | 40/41 | €5,122 | - | -€5,122 | |
| Other amounts receivable | 41 | €5,122 | - | -€5,122 | |
| Cash at bank and in hand | 54/58 | €6,110 | €1,618 | -€4,491 | -73.5% |
| Total equity and liabilities | 10/49 | €95,894 | €81,438 | -€14,456 | -15.1% |
| Equity | 10/15 | €16,004 | €21,668 | +€5,664 | +35.4% |
| Contributions | 10/11 | €12,000 | €12,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,004 | €9,668 | +€5,664 | +141% |
| Amounts payable | 17/49 | €79,890 | €59,770 | -€20,120 | -25.2% |
| Amounts payable within one year | 42/48 | €79,890 | €59,770 | -€20,120 | -25.2% |
| Trade debts | 44 | €45,155 | €11,346 | -€33,809 | -74.9% |
| Suppliers | 440/4 | €45,155 | €11,346 | -€33,809 | -74.9% |
| Taxes, remuneration and social security | 45 | €34,736 | €15,616 | -€19,120 | -55.0% |
| Taxes | 450/3 | €581 | €8,900 | +€8,319 | +1,432% |
| Remuneration and social security | 454/9 | €34,155 | €6,716 | -€27,439 | -80.3% |
| Other amounts payable | 47/48 | - | €32,809 | +€32,809 | |
| Remuneration, social security and pensions | 62 | €75,585 | €46,473 | -€29,112 | -38.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,433 | €2,433 | = | 0.0% |
| Other operating charges | 640/8 | €3,928 | €4,687 | +€758 | +19.3% |
| Gross operating margin | 9900 | €83,013 | €54,552 | -€28,461 | -34.3% |
| Operating profit (loss) | 9901 | €1,067 | €959 | -€108 | -10.1% |
| Financial income | 75/76B | €381 | €12,884 | +€12,504 | +3,284% |
| Recurring financial income | 75 | €381 | €12,884 | +€12,504 | +3,284% |
| Non-recurring financial income | 76B | €381 | €12,884 | +€12,504 | +3,284% |
| Financial charges | 65/66B | €22 | €270 | +€249 | +1,157% |
| Recurring financial charges | 65 | €22 | €270 | +€249 | +1,157% |
| Profit (loss) for the period before taxes | 9903 | €1,426 | €13,573 | +€12,147 | +852% |
| Income taxes | 67/77 | - | €7,910 | +€7,910 | |
| Profit (loss) for the period | 9904 | €1,426 | €5,664 | +€4,238 | +297% |
| Profit (loss) for the period to be appropriated | 9905 | €1,426 | €5,664 | +€4,238 | +297% |
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 23 October 2026 via checked.be.