AKA PROPERTIES-AA CONSULT: 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 PROPERTIES-AA CONSULT
Largest movements
- Financial fixed assets -€750,000
down €750,000 (-50.0%), from €1.5m to €750,000
- Tangible fixed assets -€224,987
down €224,987 (-9.6%), from €2.3m to €2.1m
- Current assets -€117,082
down €117,082 (-64.2%), from €182,404 to €65,322
of which Receivables within one year: -€82,780
- Equity -€985,219
down €985,219 (-53.6%), from €1.8m to €851,757
of which Profit (loss) carried forward: -€985,219
- Debts -€106,850
down €106,850 (-4.9%), from €2.2m to €2.1m
of which Debts within one year: -€65,423
- Financial charges +€773,256
new in 2021: €773,256
of which Non-recurring financial charges: +€750,000
- Write-downs +€103,180
new in 2021: €103,180
- Purchases and services +€69,900
new in 2021: €69,900
- Other operating charges +€31,768
new in 2021: €31,768
- Turnover +€19,722
up €19,722 (+10.0%), from €198,098 to €217,820
From the 2020 result to the 2021 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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2020 | 2021 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,022,508 | €2,930,439 | -€1.1m | -27.1% |
| Fixed assets | 21/28 | €3,840,104 | €2,865,116 | -€974,987 | -25.4% |
| Tangible fixed assets | 22/27 | €2,340,104 | €2,115,116 | -€224,987 | -9.6% |
| Land and buildings | 22 | - | €2,115,116 | +€2.1m | |
| Financial fixed assets | 28 | €1,500,000 | €750,000 | -€750,000 | -50.0% |
| Current assets | 29/58 | €182,404 | €65,322 | -€117,082 | -64.2% |
| Amounts receivable within one year | 40/41 | €108,680 | €25,900 | -€82,780 | -76.2% |
| Trade receivables | 40 | - | €25,400 | +€25,400 | |
| Other amounts receivable | 41 | - | €500 | +€500 | |
| Cash at bank and in hand | 54/58 | €28,960 | €43 | -€28,917 | -99.9% |
| Deferred charges and accrued income | 490/1 | - | €39,380 | +€39,380 | |
| Total equity and liabilities | 10/49 | €4,022,508 | €2,930,439 | -€1.1m | -27.1% |
| Equity | 10/15 | €1,836,976 | €851,757 | -€985,219 | -53.6% |
| Contributions | 10/11 | €123,947 | €123,947 | = | 0.0% |
| Capital | 10 | - | €123,947 | +€123,947 | |
| Issued capital | 100 | - | €123,947 | +€123,947 | |
| Revaluation surpluses | 12 | - | €3,642,414 | +€3.6m | |
| Reserves | 13 | €15,062 | €15,062 | = | 0.0% |
| Non-distributable reserves | 130/1 | - | €8,507 | +€8,507 | |
| Legal reserve | 130 | - | €8,507 | +€8,507 | |
| Distributable reserves | 133 | - | €6,555 | +€6,555 | |
| Profit (loss) carried forward | 14 | -€1,944,447 | -€2,929,666 | -€985,219 | -50.7% |
| Amounts payable | 17/49 | €2,185,532 | €2,078,682 | -€106,850 | -4.9% |
| Amounts payable after more than one year | 17 | €237,803 | €200,252 | -€37,551 | -15.8% |
| Financial debts | 170/4 | - | €200,252 | +€200,252 | |
| Amounts payable within one year | 42/48 | €1,943,853 | €1,878,430 | -€65,423 | -3.4% |
| Current portion of amounts payable after more than one year | 42 | - | €50,068 | +€50,068 | |
| Financial debts | 43 | - | €1,227,076 | +€1.2m | |
| Credit institutions | 430/8 | - | €1,227,076 | +€1.2m | |
| Trade debts | 44 | €171,208 | €136,662 | -€34,547 | -20.2% |
| Suppliers | 440/4 | - | €136,662 | +€136,662 | |
| Taxes, remuneration and social security | 45 | - | €24,728 | +€24,728 | |
| Taxes | 450/3 | - | €24,728 | +€24,728 | |
| Other amounts payable | 47/48 | - | €439,896 | +€439,896 | |
| Turnover | 70 | €198,098 | €217,820 | +€19,722 | +10.0% |
| Goods, raw materials, services and sundry goods | 60/61 | - | €69,900 | +€69,900 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €231,983 | €224,987 | -€6,996 | -3.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €103,180 | +€103,180 | |
| Other operating charges | 640/8 | - | €31,768 | +€31,768 | |
| Gross operating margin | 9900 | €149,946 | €147,920 | -€2,026 | -1.4% |
| Operating profit (loss) | 9901 | -€114,322 | -€212,015 | -€97,692 | -85.5% |
| Financial income | 75/76B | - | €51 | +€51 | |
| Recurring financial income | 75 | €1,389 | €51 | -€1,338 | -96.3% |
| Financial charges | 65/66B | - | €773,256 | +€773,256 | |
| Recurring financial charges | 65 | €25,409 | €23,256 | -€2,153 | -8.5% |
| Non-recurring financial charges | 66B | - | €750,000 | +€750,000 | |
| Profit (loss) for the period before taxes | 9903 | -€138,343 | -€985,219 | -€846,876 | -612% |
| Income taxes | 67/77 | €12,385 | - | -€12,385 | |
| Profit (loss) for the period | 9904 | -€150,727 | -€985,219 | -€834,492 | -554% |
| Profit (loss) for the period to be appropriated | 9905 | -€150,727 | -€985,219 | -€834,492 | -554% |
Source: filed annual accounts (NBB), financial years ended 31 December 2020 and 31 December 2021. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.