AK-SEN: 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-SEN
Largest movements
- Receivables after one year +€676,592
new in 2024: €676,592
- Receivables within one year -€294,426
down €294,426 (-99.5%), from €295,921 to €1,494
of which Other amounts receivable: -€246,293
- Stocks and contracts +€235,677
up €235,677 (+165.7%), from €142,240 to €377,918
- Tangible fixed assets -€32,003
down €32,003 (-10.2%), from €313,642 to €281,638
of which Furniture and vehicles: -€39,127
- Cash -€19,721
down €19,721 (-4.8%), from €412,537 to €392,816
mainly Receivables after one year (-€676,592) and Stocks and contracts (-€235,677)
- Reserves +€290,000
up €290,000 (+15598.1%), from €1,859 to €291,859
of which Distributable reserves: +€290,000
- Tax, wage and social debts +€144,806
up €144,806 (+83.3%), from €173,874 to €318,679
of which Taxes: +€141,862
- Trade debts +€124,490
up €124,490 (+67.3%), from €185,024 to €309,514
- Advances received +€26,518
new in 2024: €26,518
- Debts after one year -€20,318
down €20,318 (-48.4%), from €41,938 to €21,621
- Gross operating margin +€134,289
up €134,289 (+17.0%), from €790,132 to €924,422
- Staff costs +€37,156
up €37,156 (+10.6%), from €349,287 to €386,443
- Financial income +€17,032
up €17,032 (+1490.8%), from €1,143 to €18,175
- Taxes -€16,710
down €16,710 (-10.4%), from €161,145 to €144,436
- Financial charges -€13,674
down €13,674 (-68.8%), from €19,883 to €6,209
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.
Cash bridge derived
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 | €1,171,563 | €1,733,977 | +€562,414 | +48.0% |
| Fixed assets | 21/28 | €314,599 | €282,595 | -€32,003 | -10.2% |
| Tangible fixed assets | 22/27 | €313,642 | €281,638 | -€32,003 | -10.2% |
| Land and buildings | 22 | €76,756 | €75,686 | -€1,069 | -1.4% |
| Plant, machinery and equipment | 23 | €97,057 | €106,994 | +€9,937 | +10.2% |
| Furniture and vehicles | 24 | €126,310 | €87,184 | -€39,127 | -31.0% |
| Other tangible fixed assets | 26 | €13,519 | €11,775 | -€1,744 | -12.9% |
| Financial fixed assets | 28 | €957 | €957 | = | 0.0% |
| Current assets | 29/58 | €856,965 | €1,451,382 | +€594,417 | +69.4% |
| Amounts receivable after more than one year | 29 | - | €676,592 | +€676,592 | |
| Other amounts receivable | 291 | - | €676,592 | +€676,592 | |
| Stocks and contracts in progress | 3 | €142,240 | €377,918 | +€235,677 | +165.7% |
| Stocks | 30/36 | €142,240 | €377,918 | +€235,677 | +165.7% |
| Amounts receivable within one year | 40/41 | €295,921 | €1,494 | -€294,426 | -99.5% |
| Trade receivables | 40 | €49,133 | €1,000 | -€48,133 | -98.0% |
| Other amounts receivable | 41 | €246,787 | €494 | -€246,293 | -99.8% |
| Cash at bank and in hand | 54/58 | €412,537 | €392,816 | -€19,721 | -4.8% |
| Deferred charges and accrued income | 490/1 | €6,267 | €2,562 | -€3,705 | -59.1% |
| Total equity and liabilities | 10/49 | €1,171,563 | €1,733,977 | +€562,414 | +48.0% |
| Equity | 10/15 | €709,542 | €1,001,713 | +€292,171 | +41.2% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,859 | €291,859 | +€290,000 | +15598.1% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | - | €290,000 | +€290,000 | |
| Profit (loss) carried forward | 14 | €689,091 | €691,262 | +€2,171 | +0.3% |
| Provisions and deferred taxes | 16 | €31,000 | €31,000 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €31,000 | €31,000 | = | 0.0% |
| Other liabilities and charges | 164/5 | €31,000 | €31,000 | = | 0.0% |
| Amounts payable | 17/49 | €431,022 | €701,264 | +€270,242 | +62.7% |
| Amounts payable after more than one year | 17 | €41,938 | €21,621 | -€20,318 | -48.4% |
| Financial debts | 170/4 | €41,938 | €21,621 | -€20,318 | -48.4% |
| Amounts payable within one year | 42/48 | €386,083 | €679,643 | +€293,560 | +76.0% |
| Current portion of amounts payable after more than one year | 42 | €27,186 | €21,339 | -€5,847 | -21.5% |
| Trade debts | 44 | €185,024 | €309,514 | +€124,490 | +67.3% |
| Suppliers | 440/4 | €185,024 | €309,514 | +€124,490 | +67.3% |
| Advances received on contracts in progress | 46 | - | €26,518 | +€26,518 | |
| Taxes, remuneration and social security | 45 | €173,874 | €318,679 | +€144,806 | +83.3% |
| Taxes | 450/3 | €95,204 | €237,065 | +€141,862 | +149.0% |
| Remuneration and social security | 454/9 | €78,670 | €81,614 | +€2,944 | +3.7% |
| Other amounts payable | 47/48 | - | €3,593 | +€3,593 | |
| Accrued charges and deferred income | 492/3 | €3,000 | - | -€3,000 | |
| Remuneration, social security and pensions | 62 | €349,287 | €386,443 | +€37,156 | +10.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €76,187 | €83,893 | +€7,706 | +10.1% |
| Other operating charges | 640/8 | €18,311 | €29,443 | +€11,132 | +60.8% |
| Gross operating margin | 9900 | €790,132 | €924,422 | +€134,289 | +17.0% |
| Operating profit (loss) | 9901 | €346,347 | €424,641 | +€78,295 | +22.6% |
| Financial income | 75/76B | €1,143 | €18,175 | +€17,032 | +1490.8% |
| Recurring financial income | 75 | €1,143 | €18,175 | +€17,032 | +1490.8% |
| Financial charges | 65/66B | €19,883 | €6,209 | -€13,674 | -68.8% |
| Recurring financial charges | 65 | €19,883 | €6,209 | -€13,674 | -68.8% |
| Profit (loss) for the period before taxes | 9903 | €327,606 | €436,607 | +€109,001 | +33.3% |
| Income taxes | 67/77 | €161,145 | €144,436 | -€16,710 | -10.4% |
| Profit (loss) for the period | 9904 | €166,460 | €292,171 | +€125,711 | +75.5% |
| Profit (loss) for the period to be appropriated | 9905 | €166,460 | €292,171 | +€125,711 | +75.5% |
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 11 October 2026 via checked.be.