AKAL GROUP: 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.
AKAL GROUP
Largest movements
- Receivables within one year +€95,939
up €95,939 (+93.4%), from €102,748 to €198,687
of which Other amounts receivable: +€62,415
- Cash +€12,048
up €12,048 (+307%), from €3,929 to €15,977
mainly Advances received (+€60,133) and Net result for the year (+€36,141)
- Tangible fixed assets -€4,390
down €4,390 (-52.2%), from €8,405 to €4,015
- Advances received +€60,133
new in 2024: €60,133
- Profit (loss) carried forward +€36,141
up €36,141 (+51.8%), from €69,818 to €105,959
- Tax, wage and social debts +€4,715
up €4,715 (+11.3%), from €41,585 to €46,300
- Trade debts +€2,402
up €2,402 (+75.2%), from €3,194 to €5,597
- Gross operating margin -€5,621
down €5,621 (-9.5%), from €59,076 to €53,455
- Financial income +€3,984
up €3,984 (+149%), from €2,680 to €6,664
- Other operating charges +€3,585
up €3,585 (+512%), from €700 to €4,285
- Taxes -€1,365
down €1,365 (-9.9%), from €13,774 to €12,409
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €115,598 | €218,989 | +€103,391 | +89.4% |
| Formation expenses | 20 | €517 | €311 | -€206 | -39.8% |
| Fixed assets | 21/28 | €8,405 | €4,015 | -€4,390 | -52.2% |
| Tangible fixed assets | 22/27 | €8,405 | €4,015 | -€4,390 | -52.2% |
| Furniture and vehicles | 24 | €8,405 | €4,015 | -€4,390 | -52.2% |
| Current assets | 29/58 | €106,677 | €214,664 | +€107,987 | +101% |
| Amounts receivable within one year | 40/41 | €102,748 | €198,687 | +€95,939 | +93.4% |
| Trade receivables | 40 | €22,247 | €55,770 | +€33,523 | +151% |
| Other amounts receivable | 41 | €80,501 | €142,917 | +€62,415 | +77.5% |
| Cash at bank and in hand | 54/58 | €3,929 | €15,977 | +€12,048 | +307% |
| Total equity and liabilities | 10/49 | €115,598 | €218,989 | +€103,391 | +89.4% |
| Equity | 10/15 | €70,818 | €106,959 | +€36,141 | +51.0% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €69,818 | €105,959 | +€36,141 | +51.8% |
| Amounts payable | 17/49 | €44,780 | €112,030 | +€67,250 | +150% |
| Amounts payable within one year | 42/48 | €44,780 | €112,030 | +€67,250 | +150% |
| Trade debts | 44 | €3,194 | €5,597 | +€2,402 | +75.2% |
| Suppliers | 440/4 | €3,194 | €5,597 | +€2,402 | +75.2% |
| Advances received on contracts in progress | 46 | - | €60,133 | +€60,133 | |
| Taxes, remuneration and social security | 45 | €41,585 | €46,300 | +€4,715 | +11.3% |
| Taxes | 450/3 | €41,585 | €46,300 | +€4,715 | +11.3% |
| Remuneration, social security and pensions | 62 | - | €300 | +€300 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,095 | €6,655 | +€559 | +9.2% |
| Other operating charges | 640/8 | €700 | €4,285 | +€3,585 | +512% |
| Gross operating margin | 9900 | €59,076 | €53,455 | -€5,621 | -9.5% |
| Operating profit (loss) | 9901 | €52,281 | €42,216 | -€10,065 | -19.3% |
| Financial income | 75/76B | €2,680 | €6,664 | +€3,984 | +149% |
| Recurring financial income | 75 | €2,680 | €6,664 | +€3,984 | +149% |
| Financial charges | 65/66B | €697 | €330 | -€367 | -52.7% |
| Recurring financial charges | 65 | €697 | €330 | -€367 | -52.7% |
| Profit (loss) for the period before taxes | 9903 | €54,263 | €48,550 | -€5,713 | -10.5% |
| Income taxes | 67/77 | €13,774 | €12,409 | -€1,365 | -9.9% |
| Profit (loss) for the period | 9904 | €40,489 | €36,141 | -€4,348 | -10.7% |
| Profit (loss) for the period to be appropriated | 9905 | €40,489 | €36,141 | -€4,348 | -10.7% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.