AKA PLAST: 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 PLAST
Largest movements
- Receivables within one year +€172,756
up €172,756 (+25.8%), from €670,176 to €842,932
of which Other amounts receivable: +€108,355
- Tangible fixed assets -€88,937
down €88,937 (-14.3%), from €623,182 to €534,245
of which Plant, machinery and equipment: -€52,469
- Cash -€64,202
down €64,202 (-4.0%), from €1.6m to €1.5m
mainly Contributions, distributions and other (-€2.2m) and Receivables within one year (-€172,756)
- Stocks and contracts +€41,336
up €41,336 (+5.1%), from €803,435 to €844,771
- Profit (loss) carried forward -€1.5m
down €1.5m (-98.6%), from €1.5m to €20,768
- Other debts +€1.1m
up €1.1m (+408%), from €260,293 to €1.3m
- Tax, wage and social debts +€549,830
up €549,830 (+1,291%), from €42,602 to €592,432
of which Taxes: +€547,472
- Debts after one year -€124,573
down €124,573 (-16.8%), from €743,123 to €618,550
- Trade debts +€70,643
up €70,643 (+29.7%), from €237,970 to €308,612
- Provisions -€100,000
no longer reported in 2025 (was €100,000)
- Financial income -€98,558
down €98,558 (-56.6%), from €174,268 to €75,710
- Gross operating margin -€88,423
down €88,423 (-5.3%), from €1.7m to €1.6m
- Taxes -€52,502
down €52,502 (-31.6%), from €166,347 to €113,844
- Depreciation -€52,415
down €52,415 (-31.2%), from €167,858 to €115,442
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 | €3,717,614 | €3,778,179 | +€60,565 | +1.6% |
| Fixed assets | 21/28 | €623,317 | €534,380 | -€88,937 | -14.3% |
| Tangible fixed assets | 22/27 | €623,182 | €534,245 | -€88,937 | -14.3% |
| Land and buildings | 22 | €395,734 | €363,527 | -€32,206 | -8.1% |
| Plant, machinery and equipment | 23 | €220,050 | €167,581 | -€52,469 | -23.8% |
| Furniture and vehicles | 24 | €3,138 | - | -€3,138 | |
| Leasing and similar rights | 25 | €4,260 | - | -€4,260 | |
| Other tangible fixed assets | 26 | - | €3,137 | +€3,137 | |
| Financial fixed assets | 28 | €135 | €135 | = | 0.0% |
| Current assets | 29/58 | €3,094,297 | €3,243,799 | +€149,502 | +4.8% |
| Stocks and contracts in progress | 3 | €803,435 | €844,771 | +€41,336 | +5.1% |
| Stocks | 30/36 | €803,435 | €844,771 | +€41,336 | +5.1% |
| Amounts receivable within one year | 40/41 | €670,176 | €842,932 | +€172,756 | +25.8% |
| Trade receivables | 40 | €652,157 | €716,559 | +€64,401 | +9.9% |
| Other amounts receivable | 41 | €18,018 | €126,373 | +€108,355 | +601% |
| Cash at bank and in hand | 54/58 | €1,612,621 | €1,548,419 | -€64,202 | -4.0% |
| Deferred charges and accrued income | 490/1 | €8,065 | €7,677 | -€388 | -4.8% |
| Total equity and liabilities | 10/49 | €3,717,614 | €3,778,179 | +€60,565 | +1.6% |
| Equity | 10/15 | €2,082,811 | €606,581 | -€1.5m | -70.9% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €437,194 | €488,091 | +€50,897 | +11.6% |
| Non-distributable reserves | 130/1 | €15,501 | €15,501 | = | 0.0% |
| Legal reserve | 130 | €15,501 | €15,501 | = | 0.0% |
| Tax-exempt reserves | 132 | €409,433 | €460,330 | +€50,897 | +12.4% |
| Distributable reserves | 133 | €12,261 | €12,261 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,538,009 | €20,768 | -€1.5m | -98.6% |
| Investment grants | 15 | €46,108 | €36,221 | -€9,887 | -21.4% |
| Provisions and deferred taxes | 16 | €204,914 | €204,458 | -€457 | -0.2% |
| Provisions for liabilities and charges | 160/5 | €181,000 | €181,000 | = | 0.0% |
| Pensions and similar obligations | 160 | €181,000 | €181,000 | = | 0.0% |
| Deferred taxes | 168 | €23,914 | €23,458 | -€457 | -1.9% |
| Amounts payable | 17/49 | €1,429,888 | €2,967,140 | +€1.5m | +108% |
| Amounts payable after more than one year | 17 | €743,123 | €618,550 | -€124,573 | -16.8% |
| Financial debts | 170/4 | €743,123 | €618,550 | -€124,573 | -16.8% |
| Amounts payable within one year | 42/48 | €685,150 | €2,346,864 | +€1.7m | +243% |
| Current portion of amounts payable after more than one year | 42 | €144,286 | €124,573 | -€19,713 | -13.7% |
| Trade debts | 44 | €237,970 | €308,612 | +€70,643 | +29.7% |
| Suppliers | 440/4 | €237,970 | €308,612 | +€70,643 | +29.7% |
| Taxes, remuneration and social security | 45 | €42,602 | €592,432 | +€549,830 | +1,291% |
| Taxes | 450/3 | €2,425 | €549,897 | +€547,472 | +22,574% |
| Remuneration and social security | 454/9 | €40,176 | €42,534 | +€2,358 | +5.9% |
| Other amounts payable | 47/48 | €260,293 | €1,321,247 | +€1.1m | +408% |
| Accrued charges and deferred income | 492/3 | €1,615 | €1,726 | +€111 | +6.9% |
| Non-recurring operating income | 76A | €2,329 | €421 | -€1,908 | -81.9% |
| Remuneration, social security and pensions | 62 | €582,310 | €623,583 | +€41,273 | +7.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €167,858 | €115,442 | -€52,415 | -31.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €32,988 | - | -€32,988 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €100,000 | - | -€100,000 | |
| Other operating charges | 640/8 | €41,732 | €42,831 | +€1,099 | +2.6% |
| Non-recurring operating charges | 66A | - | €2,350 | +€2,350 | |
| Gross operating margin | 9900 | €1,667,794 | €1,579,371 | -€88,423 | -5.3% |
| Operating profit (loss) | 9901 | €742,907 | €795,165 | +€52,258 | +7.0% |
| Financial income | 75/76B | €174,268 | €75,710 | -€98,558 | -56.6% |
| Recurring financial income | 75 | €174,268 | €75,710 | -€98,558 | -56.6% |
| Financial charges | 65/66B | €16,608 | €28,830 | +€12,222 | +73.6% |
| Recurring financial charges | 65 | €16,608 | €28,830 | +€12,222 | +73.6% |
| Profit (loss) for the period before taxes | 9903 | €900,567 | €842,044 | -€58,523 | -6.5% |
| Transfer from deferred taxes | 780 | €457 | €457 | = | 0.0% |
| Income taxes | 67/77 | €166,347 | €113,844 | -€52,502 | -31.6% |
| Profit (loss) for the period | 9904 | €734,677 | €728,657 | -€6,020 | -0.8% |
| Transfer from tax-exempt reserves | 789 | €84,200 | €180,653 | +€96,453 | +115% |
| Transfer to tax-exempt reserves | 689 | €301,856 | €231,550 | -€70,306 | -23.3% |
| Profit (loss) for the period to be appropriated | 9905 | €517,021 | €677,760 | +€160,739 | +31.1% |
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.