AKBM: 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.
AKBM
Largest movements
- Cash -€52,184
down €52,184 (-37.2%), from €140,144 to €87,961
mainly Debts after one year (-€70,010) and Contributions, distributions and other (-€70,000)
- Tangible fixed assets -€40,712
down €40,712 (-9.0%), from €452,317 to €411,605
of which Land and buildings: -€22,500
- Intangible fixed assets -€25,000
down €25,000 (-30.8%), from €81,250 to €56,250
- Receivables within one year -€16,182
down €16,182 (-24.3%), from €66,506 to €50,324
of which Trade receivables: -€21,719
- Debts after one year -€70,010
down €70,010 (-15.3%), from €456,501 to €386,491
- Other debts -€47,348
down €47,348 (-39.4%), from €120,189 to €72,842
- Gross operating margin +€2,261
up €2,261 (+1.3%), from €170,975 to €173,236
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 | €824,509 | €697,186 | -€127,323 | -15.4% |
| Fixed assets | 21/28 | €533,567 | €467,855 | -€65,712 | -12.3% |
| Intangible fixed assets | 21 | €81,250 | €56,250 | -€25,000 | -30.8% |
| Tangible fixed assets | 22/27 | €452,317 | €411,605 | -€40,712 | -9.0% |
| Land and buildings | 22 | €398,125 | €375,625 | -€22,500 | -5.7% |
| Plant, machinery and equipment | 23 | €34,127 | €25,113 | -€9,014 | -26.4% |
| Furniture and vehicles | 24 | €20,065 | €10,867 | -€9,197 | -45.8% |
| Current assets | 29/58 | €290,942 | €229,331 | -€61,611 | -21.2% |
| Stocks and contracts in progress | 3 | €75,649 | €81,114 | +€5,465 | +7.2% |
| Stocks | 30/36 | €75,649 | €81,114 | +€5,465 | +7.2% |
| Amounts receivable within one year | 40/41 | €66,506 | €50,324 | -€16,182 | -24.3% |
| Trade receivables | 40 | €65,866 | €44,147 | -€21,719 | -33.0% |
| Other amounts receivable | 41 | €640 | €6,178 | +€5,537 | +864.7% |
| Current investments | 50/53 | €5,000 | €5,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €140,144 | €87,961 | -€52,184 | -37.2% |
| Deferred charges and accrued income | 490/1 | €3,643 | €4,932 | +€1,289 | +35.4% |
| Total equity and liabilities | 10/49 | €824,509 | €697,186 | -€127,323 | -15.4% |
| Equity | 10/15 | €125,547 | €125,501 | -€45 | 0.0% |
| Contributions | 10/11 | €125,000 | €125,000 | = | 0.0% |
| Reserves | 13 | €547 | €501 | -€45 | -8.3% |
| Distributable reserves | 133 | €547 | €501 | -€45 | -8.3% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €698,962 | €571,685 | -€127,277 | -18.2% |
| Amounts payable after more than one year | 17 | €456,501 | €386,491 | -€70,010 | -15.3% |
| Financial debts | 170/4 | €456,501 | €386,491 | -€70,010 | -15.3% |
| Amounts payable within one year | 42/48 | €236,953 | €184,226 | -€52,727 | -22.3% |
| Current portion of amounts payable after more than one year | 42 | €69,191 | €70,010 | +€819 | +1.2% |
| Trade debts | 44 | €45,384 | €40,832 | -€4,552 | -10.0% |
| Suppliers | 440/4 | €45,384 | €40,832 | -€4,552 | -10.0% |
| Taxes, remuneration and social security | 45 | €2,189 | €542 | -€1,647 | -75.2% |
| Taxes | 450/3 | €2,189 | €542 | -€1,647 | -75.2% |
| Other amounts payable | 47/48 | €120,189 | €72,842 | -€47,348 | -39.4% |
| Accrued charges and deferred income | 492/3 | €5,508 | €968 | -€4,540 | -82.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €64,974 | €65,712 | +€737 | +1.1% |
| Other operating charges | 640/8 | €4,799 | €5,214 | +€416 | +8.7% |
| Gross operating margin | 9900 | €170,975 | €173,236 | +€2,261 | +1.3% |
| Operating profit (loss) | 9901 | €101,202 | €102,310 | +€1,108 | +1.1% |
| Financial income | 75/76B | €1,786 | €1,257 | -€529 | -29.6% |
| Recurring financial income | 75 | €1,786 | €1,257 | -€529 | -29.6% |
| Financial charges | 65/66B | €9,567 | €8,040 | -€1,527 | -16.0% |
| Recurring financial charges | 65 | €9,567 | €8,040 | -€1,527 | -16.0% |
| Profit (loss) for the period before taxes | 9903 | €93,421 | €95,527 | +€2,106 | +2.3% |
| Income taxes | 67/77 | €24,689 | €25,572 | +€883 | +3.6% |
| Profit (loss) for the period | 9904 | €68,732 | €69,955 | +€1,222 | +1.8% |
| Profit (loss) for the period to be appropriated | 9905 | €68,732 | €69,955 | +€1,222 | +1.8% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.