AKABA PROJECTS: 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.
AKABA PROJECTS
Largest movements
- Stocks and contracts -€8,000
down €8,000 (-7.1%), from €112,076 to €104,076
- Receivables within one year +€7,731
up €7,731 (+1,772%), from €436 to €8,168
of which Trade receivables: +€8,168
- Cash +€4,753
up €4,753 (+265%), from €1,794 to €6,548
mainly Stocks and contracts (+€8,000) and Depreciation (+€4,319)
- Tangible fixed assets -€3,044
down €3,044 (-32.7%), from €9,312 to €6,267
- Tax, wage and social debts +€1,291
up €1,291 (+925%), from €140 to €1,430
- Gross operating margin +€36,316
up €36,316, from -€29,504 to €6,812
- Financial charges -€729
down €729 (-82.5%), from €884 to €154
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 | €124,047 | €125,147 | +€1,100 | +0.9% |
| Fixed assets | 21/28 | €9,700 | €6,356 | -€3,344 | -34.5% |
| Intangible fixed assets | 21 | €320 | €20 | -€300 | -93.8% |
| Tangible fixed assets | 22/27 | €9,312 | €6,267 | -€3,044 | -32.7% |
| Furniture and vehicles | 24 | €9,312 | €6,267 | -€3,044 | -32.7% |
| Financial fixed assets | 28 | €68 | €68 | = | 0.0% |
| Current assets | 29/58 | €114,347 | €118,791 | +€4,444 | +3.9% |
| Stocks and contracts in progress | 3 | €112,076 | €104,076 | -€8,000 | -7.1% |
| Stocks | 30/36 | €112,076 | €104,076 | -€8,000 | -7.1% |
| Amounts receivable within one year | 40/41 | €436 | €8,168 | +€7,731 | +1,772% |
| Trade receivables | 40 | - | €8,168 | +€8,168 | |
| Other amounts receivable | 41 | €436 | - | -€436 | |
| Cash at bank and in hand | 54/58 | €1,794 | €6,548 | +€4,753 | +265% |
| Deferred charges and accrued income | 490/1 | €40 | - | -€40 | |
| Total equity and liabilities | 10/49 | €124,047 | €125,147 | +€1,100 | +0.9% |
| Equity | 10/15 | €119,458 | €120,514 | +€1,056 | +0.9% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €103,557 | €103,557 | = | 0.0% |
| Distributable reserves | 133 | €103,557 | €103,557 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,501 | €4,557 | +€1,056 | +30.2% |
| Amounts payable | 17/49 | €4,588 | €4,632 | +€44 | +1.0% |
| Amounts payable within one year | 42/48 | €4,588 | €4,632 | +€44 | +1.0% |
| Trade debts | 44 | €250 | €202 | -€48 | -19.3% |
| Suppliers | 440/4 | €250 | €202 | -€48 | -19.3% |
| Taxes, remuneration and social security | 45 | €140 | €1,430 | +€1,291 | +925% |
| Taxes | 450/3 | €140 | €1,430 | +€1,291 | +925% |
| Other amounts payable | 47/48 | €4,198 | €3,000 | -€1,198 | -28.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,303 | €4,319 | +€15 | +0.4% |
| Other operating charges | 640/8 | €1,118 | €1,107 | -€11 | -1.0% |
| Gross operating margin | 9900 | -€29,504 | €6,812 | +€36,316 | |
| Operating profit (loss) | 9901 | -€34,926 | €1,386 | +€36,313 | |
| Financial charges | 65/66B | €884 | €154 | -€729 | -82.5% |
| Recurring financial charges | 65 | €884 | €154 | -€729 | -82.5% |
| Profit (loss) for the period before taxes | 9903 | -€35,810 | €1,232 | +€37,042 | |
| Income taxes | 67/77 | €140 | €176 | +€37 | +26.2% |
| Profit (loss) for the period | 9904 | -€35,949 | €1,056 | +€37,005 | |
| Profit (loss) for the period to be appropriated | 9905 | -€35,949 | €1,056 | +€37,005 |
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.