AKEDOO: 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.
AKEDOO
Largest movements
- Cash +€83,440
up €83,440 (+175.0%), from €47,677 to €131,117
mainly Net result for the year (+€95,023) and Depreciation (+€26,503)
- Tangible fixed assets -€24,200
down €24,200 (-19.5%), from €124,090 to €99,890
of which Furniture and vehicles: -€12,194
- Current investments -€18,964
down €18,964 (-4.5%), from €422,485 to €403,521
- Receivables within one year +€17,262
up €17,262 (+166.0%), from €10,400 to €27,662
of which Trade receivables: +€27,413
- Reserves +€60,158
up €60,158 (+10.1%), from €595,274 to €655,432
of which Distributable reserves: +€60,158
- Other debts +€15,268
new in 2025: €15,268
- Tax, wage and social debts -€12,897
down €12,897 (-40.7%), from €31,713 to €18,816
of which Taxes: -€12,365
- Write-downs +€25,000
new in 2025: €25,000
- Gross operating margin +€20,435
up €20,435 (+12.2%), from €167,012 to €187,447
- Taxes +€2,962
up €2,962 (+8.2%), from €35,972 to €38,933
- Financial charges -€2,673
down €2,673 (-67.1%), from €3,983 to €1,310
- Financial income +€2,113
up €2,113 (+19.2%), from €10,998 to €13,111
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 | €643,294 | €700,658 | +€57,364 | +8.9% |
| Fixed assets | 21/28 | €132,359 | €107,509 | -€24,850 | -18.8% |
| Intangible fixed assets | 21 | €1,950 | €1,300 | -€650 | -33.3% |
| Tangible fixed assets | 22/27 | €124,090 | €99,890 | -€24,200 | -19.5% |
| Land and buildings | 22 | €2,491 | €1,868 | -€623 | -25.0% |
| Plant, machinery and equipment | 23 | €7,463 | €7,070 | -€393 | -5.3% |
| Furniture and vehicles | 24 | €26,538 | €14,344 | -€12,194 | -45.9% |
| Other tangible fixed assets | 26 | €87,599 | €76,608 | -€10,991 | -12.5% |
| Financial fixed assets | 28 | €6,319 | €6,319 | = | 0.0% |
| Current assets | 29/58 | €510,935 | €593,149 | +€82,214 | +16.1% |
| Stocks and contracts in progress | 3 | €27,712 | €28,065 | +€353 | +1.3% |
| Stocks | 30/36 | €27,712 | €28,065 | +€353 | +1.3% |
| Amounts receivable within one year | 40/41 | €10,400 | €27,662 | +€17,262 | +166.0% |
| Trade receivables | 40 | €250 | €27,662 | +€27,413 | +10976.5% |
| Other amounts receivable | 41 | €10,150 | - | -€10,150 | |
| Current investments | 50/53 | €422,485 | €403,521 | -€18,964 | -4.5% |
| Cash at bank and in hand | 54/58 | €47,677 | €131,117 | +€83,440 | +175.0% |
| Deferred charges and accrued income | 490/1 | €2,662 | €2,785 | +€123 | +4.6% |
| Total equity and liabilities | 10/49 | €643,294 | €700,658 | +€57,364 | +8.9% |
| Equity | 10/15 | €595,274 | €655,432 | +€60,158 | +10.1% |
| Reserves | 13 | €595,274 | €655,432 | +€60,158 | +10.1% |
| Tax-exempt reserves | 132 | €5,270 | €5,270 | = | 0.0% |
| Distributable reserves | 133 | €590,004 | €650,162 | +€60,158 | +10.2% |
| Amounts payable | 17/49 | €48,019 | €45,226 | -€2,794 | -5.8% |
| Amounts payable within one year | 42/48 | €37,501 | €35,805 | -€1,696 | -4.5% |
| Trade debts | 44 | €5,788 | €1,722 | -€4,067 | -70.3% |
| Suppliers | 440/4 | €5,788 | €1,722 | -€4,067 | -70.3% |
| Taxes, remuneration and social security | 45 | €31,713 | €18,816 | -€12,897 | -40.7% |
| Taxes | 450/3 | €31,181 | €18,816 | -€12,365 | -39.7% |
| Remuneration and social security | 454/9 | €532 | - | -€532 | |
| Other amounts payable | 47/48 | - | €15,268 | +€15,268 | |
| Accrued charges and deferred income | 492/3 | €10,518 | €9,420 | -€1,098 | -10.4% |
| Remuneration, social security and pensions | 62 | €10,512 | €10,766 | +€254 | +2.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,620 | €26,503 | -€1,117 | -4.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €25,000 | +€25,000 | |
| Other operating charges | 640/8 | €2,099 | €3,023 | +€924 | +44.0% |
| Gross operating margin | 9900 | €167,012 | €187,447 | +€20,435 | +12.2% |
| Operating profit (loss) | 9901 | €126,781 | €122,155 | -€4,626 | -3.6% |
| Financial income | 75/76B | €10,998 | €13,111 | +€2,113 | +19.2% |
| Recurring financial income | 75 | €10,998 | €13,111 | +€2,113 | +19.2% |
| Financial charges | 65/66B | €3,983 | €1,310 | -€2,673 | -67.1% |
| Recurring financial charges | 65 | €3,983 | €1,310 | -€2,673 | -67.1% |
| Profit (loss) for the period before taxes | 9903 | €133,796 | €133,956 | +€160 | +0.1% |
| Income taxes | 67/77 | €35,972 | €38,933 | +€2,962 | +8.2% |
| Profit (loss) for the period | 9904 | €97,825 | €95,023 | -€2,802 | -2.9% |
| Profit (loss) for the period to be appropriated | 9905 | €97,825 | €95,023 | -€2,802 | -2.9% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.