AKEBIA: 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.
AKEBIA
Largest movements
- Cash +€92,830
up €92,830 (+28.1%), from €329,816 to €422,645
mainly Net result for the year (+€78,813) and Investment in fixed assets (net) (+€46,182)
- Tangible fixed assets -€60,897
down €60,897 (-48.6%), from €125,364 to €64,467
of which Plant, machinery and equipment: -€47,767
- Receivables after one year +€33,157
new in 2025: €33,157
- Stocks and contracts -€11,561
no longer reported in 2025 (was €11,561)
- Reserves +€78,813
up €78,813 (+9.0%), from €876,337 to €955,150
of which Distributable reserves: +€78,813
- Current portion of long-term debt -€26,242
no longer reported in 2025 (was €26,242)
- Financial income +€83,859
up €83,859 (+2,125%), from €3,945 to €87,805
of which Non-recurring financial income: +€83,818
- Gross operating margin -€24,846
down €24,846 (-61.3%), from €40,556 to €15,709
- Depreciation -€14,036
down €14,036 (-48.8%), from €28,750 to €14,714
- Staff costs -€6,614
down €6,614 (-48.9%), from €13,521 to €6,907
- Financial charges -€1,868
down €1,868 (-78.2%), from €2,389 to €522
of which Financial charges: -€1,963
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 | €925,730 | €981,129 | +€55,399 | +6.0% |
| Fixed assets | 21/28 | €125,364 | €64,467 | -€60,897 | -48.6% |
| Tangible fixed assets | 22/27 | €125,364 | €64,467 | -€60,897 | -48.6% |
| Land and buildings | 22 | €56,656 | €49,360 | -€7,296 | -12.9% |
| Plant, machinery and equipment | 23 | €53,972 | €6,205 | -€47,767 | -88.5% |
| Furniture and vehicles | 24 | €14,736 | €8,902 | -€5,833 | -39.6% |
| Current assets | 29/58 | €800,366 | €916,662 | +€116,295 | +14.5% |
| Amounts receivable after more than one year | 29 | - | €33,157 | +€33,157 | |
| Other amounts receivable | 291 | - | €33,157 | +€33,157 | |
| Stocks and contracts in progress | 3 | €11,561 | - | -€11,561 | |
| Stocks | 30/36 | €11,561 | - | -€11,561 | |
| Amounts receivable within one year | 40/41 | €458,989 | €460,860 | +€1,870 | +0.4% |
| Trade receivables | 40 | - | €2,203 | +€2,203 | |
| Other amounts receivable | 41 | €458,989 | €458,656 | -€333 | -0.1% |
| Cash at bank and in hand | 54/58 | €329,816 | €422,645 | +€92,830 | +28.1% |
| Total equity and liabilities | 10/49 | €925,730 | €981,129 | +€55,399 | +6.0% |
| Equity | 10/15 | €894,937 | €973,750 | +€78,813 | +8.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €876,337 | €955,150 | +€78,813 | +9.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €874,477 | €953,290 | +€78,813 | +9.0% |
| Amounts payable | 17/49 | €30,793 | €7,379 | -€23,414 | -76.0% |
| Amounts payable within one year | 42/48 | €30,419 | €5,784 | -€24,635 | -81.0% |
| Current portion of amounts payable after more than one year | 42 | €26,242 | - | -€26,242 | |
| Financial debts | 43 | €1,148 | €2,022 | +€874 | +76.1% |
| Other loans | 439 | €1,148 | €2,022 | +€874 | +76.1% |
| Trade debts | 44 | €2,826 | €2,371 | -€455 | -16.1% |
| Suppliers | 440/4 | €2,826 | €2,371 | -€455 | -16.1% |
| Taxes, remuneration and social security | 45 | €203 | €1,391 | +€1,188 | +585% |
| Taxes | 450/3 | €203 | €1,391 | +€1,188 | +585% |
| Accrued charges and deferred income | 492/3 | €374 | €1,595 | +€1,221 | +327% |
| Remuneration, social security and pensions | 62 | €13,521 | €6,907 | -€6,614 | -48.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,750 | €14,714 | -€14,036 | -48.8% |
| Other operating charges | 640/8 | €1,648 | €2,558 | +€910 | +55.2% |
| Gross operating margin | 9900 | €40,556 | €15,709 | -€24,846 | -61.3% |
| Operating profit (loss) | 9901 | -€3,364 | -€8,470 | -€5,106 | -152% |
| Financial income | 75/76B | €3,945 | €87,805 | +€83,859 | +2,125% |
| Recurring financial income | 75 | €3,945 | €3,987 | +€41 | +1.0% |
| Non-recurring financial income | 76B | - | €83,818 | +€83,818 | |
| Financial charges | 65/66B | €2,389 | €522 | -€1,868 | -78.2% |
| Recurring financial charges | 65 | €2,326 | €364 | -€1,963 | -84.4% |
| Non-recurring financial charges | 66B | €63 | €158 | +€95 | +151% |
| Profit (loss) for the period before taxes | 9903 | -€1,808 | €78,813 | +€80,621 | |
| Profit (loss) for the period | 9904 | -€1,808 | €78,813 | +€80,621 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,808 | €78,813 | +€80,621 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.