AK trades: 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 trades
Largest movements
- Cash +€40,169
up €40,169 (+218%), from €18,425 to €58,594
mainly Stocks and contracts (+€29,863) and Net result for the year (+€15,869)
- Stocks and contracts -€29,863
down €29,863 (-54.8%), from €54,488 to €24,625
- Receivables within one year +€6,948
up €6,948 (+6.0%), from €114,931 to €121,879
- Tangible fixed assets -€6,166
down €6,166 (-18.1%), from €34,134 to €27,967
- Profit (loss) carried forward +€15,869
up €15,869 (+57.8%), from -€27,479 to -€11,609
- Trade debts -€3,662
down €3,662 (-36.3%), from €10,099 to €6,437
- Tax, wage and social debts -€3,363
down €3,363 (-81.1%), from €4,147 to €783
of which Taxes: -€2,634
- Purchases and services +€134,940
up €134,940 (+63.5%), from €212,453 to €347,394
- Turnover +€133,995
up €133,995 (+50.0%), from €267,856 to €401,851
- Staff costs -€12,220
down €12,220 (-21.2%), from €57,680 to €45,460
- Gross operating margin -€7,031
down €7,031 (-9.9%), from €71,020 to €63,988
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 | €222,221 | €233,065 | +€10,844 | +4.9% |
| Fixed assets | 21/28 | €34,134 | €27,967 | -€6,166 | -18.1% |
| Tangible fixed assets | 22/27 | €34,134 | €27,967 | -€6,166 | -18.1% |
| Furniture and vehicles | 24 | €34,134 | €27,967 | -€6,166 | -18.1% |
| Current assets | 29/58 | €188,087 | €205,098 | +€17,010 | +9.0% |
| Stocks and contracts in progress | 3 | €54,488 | €24,625 | -€29,863 | -54.8% |
| Stocks | 30/36 | €54,488 | €24,625 | -€29,863 | -54.8% |
| Amounts receivable within one year | 40/41 | €114,931 | €121,879 | +€6,948 | +6.0% |
| Other amounts receivable | 41 | €114,931 | €121,879 | +€6,948 | +6.0% |
| Cash at bank and in hand | 54/58 | €18,425 | €58,594 | +€40,169 | +218% |
| Deferred charges and accrued income | 490/1 | €243 | - | -€243 | |
| Total equity and liabilities | 10/49 | €222,221 | €233,065 | +€10,844 | +4.9% |
| Equity | 10/15 | €207,975 | €223,845 | +€15,869 | +7.6% |
| Contributions | 10/11 | €218,600 | €218,600 | = | 0.0% |
| Reserves | 13 | €16,854 | €16,854 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,026 | €2,026 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,026 | €2,026 | = | 0.0% |
| Distributable reserves | 133 | €14,828 | €14,828 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€27,479 | -€11,609 | +€15,869 | +57.8% |
| Amounts payable | 17/49 | €14,246 | €9,220 | -€5,025 | -35.3% |
| Amounts payable within one year | 42/48 | €14,246 | €9,220 | -€5,025 | -35.3% |
| Trade debts | 44 | €10,099 | €6,437 | -€3,662 | -36.3% |
| Suppliers | 440/4 | €10,099 | €6,437 | -€3,662 | -36.3% |
| Taxes, remuneration and social security | 45 | €4,147 | €783 | -€3,363 | -81.1% |
| Taxes | 450/3 | €2,868 | €233 | -€2,634 | -91.9% |
| Remuneration and social security | 454/9 | €1,279 | €550 | -€729 | -57.0% |
| Other amounts payable | 47/48 | - | €2,000 | +€2,000 | |
| Turnover | 70 | €267,856 | €401,851 | +€133,995 | +50.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €212,453 | €347,394 | +€134,940 | +63.5% |
| Remuneration, social security and pensions | 62 | €57,680 | €45,460 | -€12,220 | -21.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,147 | €6,166 | +€20 | +0.3% |
| Other operating charges | 640/8 | €4,176 | €2,116 | -€2,060 | -49.3% |
| Gross operating margin | 9900 | €71,020 | €63,988 | -€7,031 | -9.9% |
| Operating profit (loss) | 9901 | €3,017 | €10,246 | +€7,229 | +240% |
| Financial income | 75/76B | €7,327 | €6,193 | -€1,134 | -15.5% |
| Recurring financial income | 75 | €7,327 | €6,193 | -€1,134 | -15.5% |
| Financial charges | 65/66B | €188 | €257 | +€68 | +36.2% |
| Recurring financial charges | 65 | €188 | €257 | +€68 | +36.2% |
| Profit (loss) for the period before taxes | 9903 | €10,156 | €16,183 | +€6,027 | +59.3% |
| Income taxes | 67/77 | €284 | €314 | +€30 | +10.6% |
| Profit (loss) for the period | 9904 | €9,872 | €15,869 | +€5,997 | +60.7% |
| Profit (loss) for the period to be appropriated | 9905 | €9,872 | €15,869 | +€5,997 | +60.7% |
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 15 October 2026 via checked.be.