AKASH DIAMONDS: 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.
AKASH DIAMONDS
Largest movements
- Stocks and contracts -€816,718
down €816,718 (-73.6%), from €1.1m to €293,387
- Receivables within one year +€102,499
up €102,499 (+27.1%), from €377,819 to €480,318
of which Trade receivables: +€75,694
- Cash -€92,491
down €92,491 (-89.0%), from €103,912 to €11,421
mainly Trade debts (-€1.1m) and Receivables within one year (-€102,499)
- Trade debts -€1.1m
down €1.1m (-90.0%), from €1.3m to €126,862
- Profit (loss) carried forward +€353,814
up €353,814 (+21.4%), from -€1.6m to -€1.3m
- Tax, wage and social debts -€18,220
down €18,220 (-68.7%), from €26,510 to €8,290
of which Taxes: -€18,900
- Goods and materials -€9.7m
down €9.7m (-92.2%), from €10.5m to €817,641
of which Purchases: -€7.1m
- Turnover -€9.3m
down €9.3m (-88.2%), from €10.5m to €1.2m
- Services and other goods -€121,192
down €121,192 (-65.5%), from €185,080 to €63,888
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 | €1,618,915 | €812,206 | -€806,709 | -49.8% |
| Fixed assets | 21/28 | €27,080 | €27,080 | = | 0.0% |
| Financial fixed assets | 28 | €27,080 | €27,080 | = | 0.0% |
| Companies linked by participating interests | 282/3 | €27,080 | €27,080 | = | 0.0% |
| Participating interests | 282 | €27,080 | €27,080 | = | 0.0% |
| Current assets | 29/58 | €1,591,836 | €785,126 | -€806,709 | -50.7% |
| Stocks and contracts in progress | 3 | €1,110,105 | €293,387 | -€816,718 | -73.6% |
| Stocks | 30/36 | €1,110,105 | €293,387 | -€816,718 | -73.6% |
| Goods purchased for resale | 34 | €1,110,105 | €293,387 | -€816,718 | -73.6% |
| Amounts receivable within one year | 40/41 | €377,819 | €480,318 | +€102,499 | +27.1% |
| Trade receivables | 40 | €1,691 | €77,385 | +€75,694 | +4,476% |
| Other amounts receivable | 41 | €376,128 | €402,933 | +€26,806 | +7.1% |
| Cash at bank and in hand | 54/58 | €103,912 | €11,421 | -€92,491 | -89.0% |
| Total equity and liabilities | 10/49 | €1,618,915 | €812,206 | -€806,709 | -49.8% |
| Equity | 10/15 | €322,638 | €676,451 | +€353,814 | +110% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,953,582 | €1,953,582 | = | 0.0% |
| Distributable reserves | 133 | €1,953,582 | €1,953,582 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,649,544 | -€1,295,730 | +€353,814 | +21.4% |
| Amounts payable | 17/49 | €1,296,278 | €135,755 | -€1.2m | -89.5% |
| Amounts payable within one year | 42/48 | €1,296,278 | €135,514 | -€1.2m | -89.5% |
| Financial debts | 43 | - | €363 | +€363 | |
| Credit institutions | 430/8 | - | €363 | +€363 | |
| Trade debts | 44 | €1,269,768 | €126,862 | -€1.1m | -90.0% |
| Suppliers | 440/4 | €1,269,768 | €126,862 | -€1.1m | -90.0% |
| Taxes, remuneration and social security | 45 | €26,510 | €8,290 | -€18,220 | -68.7% |
| Taxes | 450/3 | €26,510 | €7,610 | -€18,900 | -71.3% |
| Remuneration and social security | 454/9 | - | €680 | +€680 | |
| Accrued charges and deferred income | 492/3 | - | €241 | +€241 | |
| Operating income | 70/76A | €10,542,541 | €1,243,639 | -€9.3m | -88.2% |
| Turnover | 70 | €10,542,541 | €1,240,039 | -€9.3m | -88.2% |
| Other operating income | 74 | - | €3,600 | +€3,600 | |
| Operating charges | 60/66A | €10,716,432 | €883,779 | -€9.8m | -91.8% |
| Goods for resale, raw materials and consumables | 60 | €10,528,009 | €817,641 | -€9.7m | -92.2% |
| Purchases | 600/8 | €7,139,766 | €923 | -€7.1m | -100.0% |
| Change in stocks: decrease (increase) | 609 | €3,388,243 | €816,718 | -€2.6m | -75.9% |
| Services and other goods | 61 | €185,080 | €63,888 | -€121,192 | -65.5% |
| Remuneration, social security and pensions | 62 | €160 | €163 | +€3 | +2.0% |
| Other operating charges | 640/8 | €3,182 | €2,086 | -€1,096 | -34.4% |
| Operating profit (loss) | 9901 | -€173,891 | €359,861 | +€533,751 | |
| Financial income | 75/76B | €3,232 | €4,466 | +€1,234 | +38.2% |
| Recurring financial income | 75 | €3,232 | €4,466 | +€1,234 | +38.2% |
| Other financial income | 752/9 | €3,232 | €4,466 | +€1,234 | +38.2% |
| Financial charges | 65/66B | €3,454 | €2,250 | -€1,204 | -34.9% |
| Recurring financial charges | 65 | €3,454 | €2,250 | -€1,204 | -34.9% |
| Debt charges | 650 | €3 | - | -€3 | |
| Other financial charges | 652/9 | €3,451 | €2,250 | -€1,201 | -34.8% |
| Profit (loss) for the period before taxes | 9903 | -€174,113 | €362,077 | +€536,190 | |
| Income taxes | 67/77 | €25,558 | €8,263 | -€17,295 | -67.7% |
| Taxes | 670/3 | €25,880 | €8,263 | -€17,617 | -68.1% |
| Tax adjustments and reversals of tax provisions | 77 | €322 | - | -€322 | |
| Profit (loss) for the period | 9904 | -€199,671 | €353,814 | +€553,485 | |
| Profit (loss) for the period to be appropriated | 9905 | -€199,671 | €353,814 | +€553,485 |
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 27 October 2026 via checked.be.