AK TOITURES: 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 TOITURES
Largest movements
- Cash +€32,256
up €32,256 (+14.9%), from €216,179 to €248,434
mainly Net result for the year (+€156,974) and Depreciation (+€32,446)
- Tangible fixed assets -€26,692
down €26,692 (-28.2%), from €94,493 to €67,801
of which Furniture and vehicles: -€16,124
- Deferred charges and accrued income +€5,034
new in 2025: €5,034
- Profit (loss) carried forward +€39,324
up €39,324 (+44.8%), from €87,782 to €127,106
- Debts after one year -€14,746
down €14,746 (-46.2%), from €31,949 to €17,203
- Other debts -€13,970
down €13,970 (-10.8%), from €129,191 to €115,221
- Gross operating margin +€23,018
up €23,018 (+7.0%), from €329,393 to €352,411
- Staff costs +€12,252
up €12,252 (+12.5%), from €98,320 to €110,572
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 | €354,837 | €365,142 | +€10,305 | +2.9% |
| Formation expenses | 20 | €654 | €440 | -€215 | -32.8% |
| Fixed assets | 21/28 | €94,493 | €67,801 | -€26,692 | -28.2% |
| Tangible fixed assets | 22/27 | €94,493 | €67,801 | -€26,692 | -28.2% |
| Plant, machinery and equipment | 23 | €53,832 | €43,264 | -€10,568 | -19.6% |
| Furniture and vehicles | 24 | €40,661 | €24,537 | -€16,124 | -39.7% |
| Current assets | 29/58 | €259,689 | €296,901 | +€37,211 | +14.3% |
| Stocks and contracts in progress | 3 | €11,489 | €13,010 | +€1,521 | +13.2% |
| Stocks | 30/36 | €11,489 | €13,010 | +€1,521 | +13.2% |
| Amounts receivable within one year | 40/41 | €32,022 | €30,422 | -€1,600 | -5.0% |
| Trade receivables | 40 | €22,374 | €28,984 | +€6,611 | +29.5% |
| Other amounts receivable | 41 | €9,648 | €1,438 | -€8,210 | -85.1% |
| Cash at bank and in hand | 54/58 | €216,179 | €248,434 | +€32,256 | +14.9% |
| Deferred charges and accrued income | 490/1 | - | €5,034 | +€5,034 | |
| Total equity and liabilities | 10/49 | €354,837 | €365,142 | +€10,305 | +2.9% |
| Equity | 10/15 | €102,782 | €142,106 | +€39,324 | +38.3% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €87,782 | €127,106 | +€39,324 | +44.8% |
| Amounts payable | 17/49 | €252,055 | €223,036 | -€29,019 | -11.5% |
| Amounts payable after more than one year | 17 | €31,949 | €17,203 | -€14,746 | -46.2% |
| Financial debts | 170/4 | €31,949 | €17,203 | -€14,746 | -46.2% |
| Amounts payable within one year | 42/48 | €220,106 | €205,832 | -€14,274 | -6.5% |
| Current portion of amounts payable after more than one year | 42 | €14,746 | €14,746 | = | 0.0% |
| Trade debts | 44 | €13,703 | €11,276 | -€2,427 | -17.7% |
| Suppliers | 440/4 | €13,703 | €11,276 | -€2,427 | -17.7% |
| Taxes, remuneration and social security | 45 | €62,467 | €64,590 | +€2,123 | +3.4% |
| Taxes | 450/3 | €61,392 | €64,515 | +€3,123 | +5.1% |
| Remuneration and social security | 454/9 | €1,075 | €75 | -€1,000 | -93.0% |
| Other amounts payable | 47/48 | €129,191 | €115,221 | -€13,970 | -10.8% |
| Remuneration, social security and pensions | 62 | €98,320 | €110,572 | +€12,252 | +12.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,069 | €32,446 | -€623 | -1.9% |
| Other operating charges | 640/8 | €8,342 | €6,732 | -€1,610 | -19.3% |
| Gross operating margin | 9900 | €329,393 | €352,411 | +€23,018 | +7.0% |
| Operating profit (loss) | 9901 | €189,663 | €202,662 | +€12,999 | +6.9% |
| Financial income | 75/76B | €2,178 | €1,985 | -€193 | -8.9% |
| Recurring financial income | 75 | €2,178 | €1,985 | -€193 | -8.9% |
| Financial charges | 65/66B | €1,008 | €805 | -€203 | -20.2% |
| Recurring financial charges | 65 | €1,008 | €805 | -€203 | -20.2% |
| Profit (loss) for the period before taxes | 9903 | €190,832 | €203,842 | +€13,009 | +6.8% |
| Income taxes | 67/77 | €43,744 | €46,868 | +€3,123 | +7.1% |
| Profit (loss) for the period | 9904 | €147,088 | €156,974 | +€9,886 | +6.7% |
| Profit (loss) for the period to be appropriated | 9905 | €147,088 | €156,974 | +€9,886 | +6.7% |
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 26 October 2026 via checked.be.