AKELA & CO: 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.
AKELA & CO
Largest movements
- Stocks and contracts +€50,065
up €50,065 (+713.1%), from €7,021 to €57,087
of which Contracts in progress: +€32,280
- Receivables within one year +€16,768
up €16,768 (+205.5%), from €8,160 to €24,928
of which Trade receivables: +€11,056
- Cash -€13,793
down €13,793 (-80.0%), from €17,233 to €3,439
mainly Stocks and contracts (-€50,065) and Investment in fixed assets (net) (-€26,738)
- Tangible fixed assets +€3,666
up €3,666 (+7.9%), from €46,706 to €50,372
of which Plant, machinery and equipment: +€16,532
- Other debts +€35,549
up €35,549 (+71.0%), from €50,091 to €85,640
- Debts after one year +€9,948
up €9,948 (+159.6%), from €6,232 to €16,180
- Current portion of long-term debt +€4,875
up €4,875 (+81.3%), from €5,997 to €10,872
- Trade debts +€4,181
up €4,181 (+27.8%), from €15,053 to €19,234
- Depreciation +€11,023
up €11,023 (+85.1%), from €12,949 to €23,971
- Gross operating margin +€6,059
up €6,059 (+28.5%), from €21,263 to €27,322
- Taxes -€1,640
down €1,640 (-89.3%), from €1,837 to €197
- Financial charges +€449
up €449 (+67.5%), from €666 to €1,115
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 | €88,569 | €144,085 | +€55,516 | +62.7% |
| Fixed assets | 21/28 | €55,106 | €57,872 | +€2,766 | +5.0% |
| Intangible fixed assets | 21 | €8,400 | €7,500 | -€900 | -10.7% |
| Tangible fixed assets | 22/27 | €46,706 | €50,372 | +€3,666 | +7.9% |
| Plant, machinery and equipment | 23 | €15,538 | €32,070 | +€16,532 | +106.4% |
| Furniture and vehicles | 24 | €31,168 | €18,302 | -€12,865 | -41.3% |
| Current assets | 29/58 | €33,464 | €86,213 | +€52,749 | +157.6% |
| Stocks and contracts in progress | 3 | €7,021 | €57,087 | +€50,065 | +713.1% |
| Stocks | 30/36 | €7,021 | €24,807 | +€17,785 | +253.3% |
| Contracts in progress | 37 | - | €32,280 | +€32,280 | |
| Amounts receivable within one year | 40/41 | €8,160 | €24,928 | +€16,768 | +205.5% |
| Trade receivables | 40 | €7,736 | €18,793 | +€11,056 | +142.9% |
| Other amounts receivable | 41 | €424 | €6,136 | +€5,712 | +1346.2% |
| Cash at bank and in hand | 54/58 | €17,233 | €3,439 | -€13,793 | -80.0% |
| Deferred charges and accrued income | 490/1 | €1,049 | €759 | -€291 | -27.7% |
| Total equity and liabilities | 10/49 | €88,569 | €144,085 | +€55,516 | +62.7% |
| Equity | 10/15 | €9,349 | €10,430 | +€1,081 | +11.6% |
| Contributions | 10/11 | €4,500 | €4,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,849 | €5,930 | +€1,081 | +22.3% |
| Amounts payable | 17/49 | €79,221 | €133,655 | +€54,434 | +68.7% |
| Amounts payable after more than one year | 17 | €6,232 | €16,180 | +€9,948 | +159.6% |
| Financial debts | 170/4 | €6,232 | €16,180 | +€9,948 | +159.6% |
| Amounts payable within one year | 42/48 | €72,988 | €117,393 | +€44,405 | +60.8% |
| Current portion of amounts payable after more than one year | 42 | €5,997 | €10,872 | +€4,875 | +81.3% |
| Trade debts | 44 | €15,053 | €19,234 | +€4,181 | +27.8% |
| Suppliers | 440/4 | €15,053 | €19,234 | +€4,181 | +27.8% |
| Taxes, remuneration and social security | 45 | €1,847 | €1,647 | -€200 | -10.8% |
| Taxes | 450/3 | €1,847 | €1,647 | -€200 | -10.8% |
| Other amounts payable | 47/48 | €50,091 | €85,640 | +€35,549 | +71.0% |
| Accrued charges and deferred income | 492/3 | - | €82 | +€82 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,949 | €23,971 | +€11,023 | +85.1% |
| Other operating charges | 640/8 | €963 | €984 | +€21 | +2.2% |
| Gross operating margin | 9900 | €21,263 | €27,322 | +€6,059 | +28.5% |
| Operating profit (loss) | 9901 | €7,351 | €2,366 | -€4,985 | -67.8% |
| Financial income | 75/76B | €1 | €27 | +€26 | +5244.0% |
| Recurring financial income | 75 | €1 | €27 | +€26 | +5244.0% |
| Financial charges | 65/66B | €666 | €1,115 | +€449 | +67.5% |
| Recurring financial charges | 65 | €666 | €1,115 | +€449 | +67.5% |
| Profit (loss) for the period before taxes | 9903 | €6,686 | €1,278 | -€5,407 | -80.9% |
| Income taxes | 67/77 | €1,837 | €197 | -€1,640 | -89.3% |
| Profit (loss) for the period | 9904 | €4,849 | €1,081 | -€3,767 | -77.7% |
| Profit (loss) for the period to be appropriated | 9905 | €4,849 | €1,081 | -€3,767 | -77.7% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.