AKABA: what changed
AKABA
Largest movements
- Current investments +€180,801
up €180,801 (+15.4%), from €1.2m to €1.4m
- Cash -€65,069
down €65,069 (-21.5%), from €302,279 to €237,210
mainly Current investments (-€180,801) and Contributions, distributions and other (-€68,500)
- Receivables within one year +€46,917
up €46,917 (+65.2%), from €71,955 to €118,871
of which Other amounts receivable: +€36,917
- Tangible fixed assets -€20,756
down €20,756 (-44.9%), from €46,212 to €25,455
of which Furniture and vehicles: -€20,229
- Other debts +€68,500
new in 2025: €68,500
- Reserves +€53,935
up €53,935 (+3.5%), from €1.5m to €1.6m
- Advances received +€20,000
new in 2025: €20,000
- Gross operating margin +€66,567
up €66,567 (+59.9%), from €111,190 to €177,757
- Taxes +€19,313
up €19,313 (+52.6%), from €36,708 to €56,021
- Financial income +€4,366
up €4,366 (+19.6%), from €22,243 to €26,609
- Financial charges +€2,059
up €2,059 (+553%), from €372 to €2,431
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,607,761 | €1,749,676 | +€141,915 | +8.8% |
| Fixed assets | 21/28 | €46,212 | €25,455 | -€20,756 | -44.9% |
| Tangible fixed assets | 22/27 | €46,212 | €25,455 | -€20,756 | -44.9% |
| Plant, machinery and equipment | 23 | €1,716 | €1,188 | -€528 | -30.7% |
| Furniture and vehicles | 24 | €44,496 | €24,267 | -€20,229 | -45.5% |
| Current assets | 29/58 | €1,561,549 | €1,724,221 | +€162,671 | +10.4% |
| Amounts receivable within one year | 40/41 | €71,955 | €118,871 | +€46,917 | +65.2% |
| Trade receivables | 40 | €30,000 | €40,000 | +€10,000 | +33.3% |
| Other amounts receivable | 41 | €41,955 | €78,871 | +€36,917 | +88.0% |
| Current investments | 50/53 | €1,172,805 | €1,353,606 | +€180,801 | +15.4% |
| Cash at bank and in hand | 54/58 | €302,279 | €237,210 | -€65,069 | -21.5% |
| Deferred charges and accrued income | 490/1 | €14,511 | €14,534 | +€23 | +0.2% |
| Total equity and liabilities | 10/49 | €1,607,761 | €1,749,676 | +€141,915 | +8.8% |
| Equity | 10/15 | €1,576,497 | €1,630,432 | +€53,935 | +3.4% |
| Contributions | 10/11 | €13,000 | €13,000 | = | 0.0% |
| Reserves | 13 | €1,545,462 | €1,599,397 | +€53,935 | +3.5% |
| Distributable reserves | 133 | €1,545,462 | €1,599,397 | +€53,935 | +3.5% |
| Profit (loss) carried forward | 14 | €18,035 | €18,035 | = | 0.0% |
| Amounts payable | 17/49 | €31,264 | €119,244 | +€87,981 | +281% |
| Amounts payable within one year | 42/48 | €31,264 | €119,244 | +€87,981 | +281% |
| Trade debts | 44 | €6,226 | €4,066 | -€2,161 | -34.7% |
| Suppliers | 440/4 | €6,226 | €4,066 | -€2,161 | -34.7% |
| Advances received on contracts in progress | 46 | - | €20,000 | +€20,000 | |
| Taxes, remuneration and social security | 45 | €25,037 | €26,678 | +€1,641 | +6.6% |
| Taxes | 450/3 | €25,037 | €26,678 | +€1,641 | +6.6% |
| Other amounts payable | 47/48 | - | €68,500 | +€68,500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,533 | €20,756 | +€223 | +1.1% |
| Other operating charges | 640/8 | €2,164 | €2,722 | +€558 | +25.8% |
| Gross operating margin | 9900 | €111,190 | €177,757 | +€66,567 | +59.9% |
| Operating profit (loss) | 9901 | €88,493 | €154,279 | +€65,786 | +74.3% |
| Financial income | 75/76B | €22,243 | €26,609 | +€4,366 | +19.6% |
| Recurring financial income | 75 | €22,243 | €26,609 | +€4,366 | +19.6% |
| Financial charges | 65/66B | €372 | €2,431 | +€2,059 | +553% |
| Recurring financial charges | 65 | €372 | €2,431 | +€2,059 | +553% |
| Profit (loss) for the period before taxes | 9903 | €110,364 | €178,456 | +€68,092 | +61.7% |
| Income taxes | 67/77 | €36,708 | €56,021 | +€19,313 | +52.6% |
| Profit (loss) for the period | 9904 | €73,655 | €122,435 | +€48,779 | +66.2% |
| Profit (loss) for the period to be appropriated | 9905 | €73,655 | €122,435 | +€48,779 | +66.2% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.