AKAM: what changed
Two fiscal 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.
AKAM
Largest movements
- Tangible fixed assets -€18,907
down €18,907 (-12.4%), from €153,041 to €134,134
of which Furniture and vehicles: -€12,786
- Receivables within one year +€16,362
up €16,362 (+424.0%), from €3,859 to €20,222
of which Other amounts receivable: +€9,739
- Reserves -€39,520
down €39,520 (-100.0%), from €39,520 to €0
- Other debts +€37,684
up €37,684 (+341.4%), from €11,038 to €48,722
- Debts after one year -€6,469
down €6,469 (-6.9%), from €93,612 to €87,143
- Trade debts +€3,276
up €3,276 (+139.2%), from €2,354 to €5,629
- Tax, wage and social debts +€3,239
up €3,239 (+71.3%), from €4,546 to €7,784
of which Taxes: +€2,488
- Gross operating margin +€81,786
up €81,786 (+113.7%), from €71,916 to €153,702
- Taxes +€16,591
up €16,591 (+216.3%), from €7,670 to €24,261
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.
Cash bridge derived
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 | €176,330 | €174,787 | -€1,542 | -0.9% |
| Fixed assets | 21/28 | €153,041 | €134,134 | -€18,907 | -12.4% |
| Tangible fixed assets | 22/27 | €153,041 | €134,134 | -€18,907 | -12.4% |
| Land and buildings | 22 | €115,111 | €108,263 | -€6,849 | -5.9% |
| Plant, machinery and equipment | 23 | - | €728 | +€728 | |
| Furniture and vehicles | 24 | €37,930 | €25,144 | -€12,786 | -33.7% |
| Current assets | 29/58 | €23,288 | €40,653 | +€17,365 | +74.6% |
| Amounts receivable within one year | 40/41 | €3,859 | €20,222 | +€16,362 | +424.0% |
| Trade receivables | 40 | €2,959 | €9,582 | +€6,623 | +223.9% |
| Other amounts receivable | 41 | €901 | €10,640 | +€9,739 | +1081.2% |
| Current investments | 50/53 | €250 | €250 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €18,774 | €19,838 | +€1,065 | +5.7% |
| Deferred charges and accrued income | 490/1 | €405 | €343 | -€62 | -15.4% |
| Total equity and liabilities | 10/49 | €176,330 | €174,787 | -€1,542 | -0.9% |
| Equity | 10/15 | €58,120 | €18,600 | -€39,520 | -68.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €39,520 | €0 | -€39,520 | -100.0% |
| Distributable reserves | 133 | €39,520 | €0 | -€39,520 | -100.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €118,210 | €156,187 | +€37,978 | +32.1% |
| Amounts payable after more than one year | 17 | €93,612 | €87,143 | -€6,469 | -6.9% |
| Financial debts | 170/4 | €93,612 | €87,143 | -€6,469 | -6.9% |
| Amounts payable within one year | 42/48 | €24,214 | €68,604 | +€44,390 | +183.3% |
| Current portion of amounts payable after more than one year | 42 | €6,277 | €6,469 | +€192 | +3.1% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €2,354 | €5,629 | +€3,276 | +139.2% |
| Suppliers | 440/4 | €2,354 | €5,629 | +€3,276 | +139.2% |
| Taxes, remuneration and social security | 45 | €4,546 | €7,784 | +€3,239 | +71.3% |
| Taxes | 450/3 | €3,112 | €5,600 | +€2,488 | +80.0% |
| Remuneration and social security | 454/9 | €1,434 | €2,185 | +€751 | +52.4% |
| Other amounts payable | 47/48 | €11,038 | €48,722 | +€37,684 | +341.4% |
| Accrued charges and deferred income | 492/3 | €384 | €440 | +€56 | +14.6% |
| Remuneration, social security and pensions | 62 | €12,043 | €12,155 | +€111 | +0.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,857 | €19,716 | +€859 | +4.6% |
| Other operating charges | 640/8 | €1,609 | €2,172 | +€564 | +35.0% |
| Non-recurring operating charges | 66A | €0 | €2,250 | +€2,250 | |
| Gross operating margin | 9900 | €71,916 | €153,702 | +€81,786 | +113.7% |
| Operating profit (loss) | 9901 | €39,407 | €117,409 | +€78,002 | +197.9% |
| Financial income | 75/76B | €51 | €0 | -€51 | -99.7% |
| Recurring financial income | 75 | €51 | €0 | -€51 | -99.7% |
| Financial charges | 65/66B | €3,335 | €3,147 | -€188 | -5.6% |
| Recurring financial charges | 65 | €3,335 | €3,147 | -€188 | -5.6% |
| Profit (loss) for the period before taxes | 9903 | €36,122 | €114,262 | +€78,140 | +216.3% |
| Income taxes | 67/77 | €7,670 | €24,261 | +€16,591 | +216.3% |
| Profit (loss) for the period | 9904 | €28,453 | €90,002 | +€61,549 | +216.3% |
| Profit (loss) for the period to be appropriated | 9905 | €28,453 | €90,002 | +€61,549 | +216.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.