AKA Invest: 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.
AKA Invest
Largest movements
- Tangible fixed assets -€28,002
down €28,002 (-3.7%), from €754,899 to €726,896
- Cash +€26,958
up €26,958 (+163%), from €16,496 to €43,454
mainly Depreciation (+€32,002) and Net result for the year (+€28,350)
- Debts after one year -€35,946
down €35,946 (-4.5%), from €800,743 to €764,796
- Profit (loss) carried forward +€28,350
up €28,350 (+35.7%), from -€79,359 to -€51,009
- Depreciation -€93,509
down €93,509 (-74.5%), from €125,512 to €32,002
- Gross operating margin +€8,798
up €8,798 (+10.5%), from €83,558 to €92,356
- Financial charges -€5,044
down €5,044 (-16.1%), from €31,254 to €26,210
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 | €774,826 | €771,804 | -€3,022 | -0.4% |
| Fixed assets | 21/28 | €754,899 | €726,896 | -€28,002 | -3.7% |
| Tangible fixed assets | 22/27 | €754,899 | €726,896 | -€28,002 | -3.7% |
| Land and buildings | 22 | €754,899 | €726,896 | -€28,002 | -3.7% |
| Current assets | 29/58 | €19,927 | €44,907 | +€24,980 | +125% |
| Amounts receivable within one year | 40/41 | €2,968 | €973 | -€1,995 | -67.2% |
| Trade receivables | 40 | €2,420 | €918 | -€1,502 | -62.1% |
| Other amounts receivable | 41 | €548 | €55 | -€493 | -90.0% |
| Cash at bank and in hand | 54/58 | €16,496 | €43,454 | +€26,958 | +163% |
| Deferred charges and accrued income | 490/1 | €463 | €481 | +€18 | +3.8% |
| Total equity and liabilities | 10/49 | €774,826 | €771,804 | -€3,022 | -0.4% |
| Equity | 10/15 | -€76,359 | -€48,009 | +€28,350 | +37.1% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€79,359 | -€51,009 | +€28,350 | +35.7% |
| Amounts payable | 17/49 | €851,185 | €819,813 | -€31,372 | -3.7% |
| Amounts payable after more than one year | 17 | €800,743 | €764,796 | -€35,946 | -4.5% |
| Financial debts | 170/4 | €800,743 | €764,796 | -€35,946 | -4.5% |
| Amounts payable within one year | 42/48 | €44,930 | €49,208 | +€4,278 | +9.5% |
| Current portion of amounts payable after more than one year | 42 | €42,027 | €43,631 | +€1,603 | +3.8% |
| Trade debts | 44 | €1,503 | €439 | -€1,064 | -70.8% |
| Suppliers | 440/4 | €1,503 | €439 | -€1,064 | -70.8% |
| Taxes, remuneration and social security | 45 | - | €5,139 | +€5,139 | |
| Taxes | 450/3 | - | €5,139 | +€5,139 | |
| Other amounts payable | 47/48 | €1,400 | €0 | -€1,400 | -100% |
| Accrued charges and deferred income | 492/3 | €5,512 | €5,808 | +€296 | +5.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €125,512 | €32,002 | -€93,509 | -74.5% |
| Other operating charges | 640/8 | €6,152 | €5,793 | -€359 | -5.8% |
| Gross operating margin | 9900 | €83,558 | €92,356 | +€8,798 | +10.5% |
| Operating profit (loss) | 9901 | -€48,105 | €54,561 | +€102,666 | |
| Financial charges | 65/66B | €31,254 | €26,210 | -€5,044 | -16.1% |
| Recurring financial charges | 65 | €31,254 | €26,210 | -€5,044 | -16.1% |
| Profit (loss) for the period before taxes | 9903 | -€79,359 | €28,350 | +€107,710 | |
| Profit (loss) for the period | 9904 | -€79,359 | €28,350 | +€107,710 | |
| Profit (loss) for the period to be appropriated | 9905 | -€79,359 | €28,350 | +€107,710 |
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 20 October 2026 via checked.be.