AKELEI: 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.
AKELEI
Largest movements
- Tangible fixed assets -€1,955
down €1,955 (-4.2%), from €46,576 to €44,621
- Receivables within one year -€584
no longer reported in 2025 (was €584)
- Profit (loss) carried forward -€5,163
down €5,163 (-20.2%), from -€25,507 to -€30,670
- Other debts +€3,160
up €3,160 (+13.2%), from €23,986 to €27,146
- Gross operating margin +€21,864
up €21,864 (+99.6%), from -€21,948 to -€84
- Depreciation -€2,070
down €2,070 (-51.4%), from €4,024 to €1,955
- Financial charges +€623
up €623 (+1431.7%), from €44 to €666
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 | €48,491 | €46,054 | -€2,437 | -5.0% |
| Fixed assets | 21/28 | €46,625 | €44,670 | -€1,955 | -4.2% |
| Tangible fixed assets | 22/27 | €46,576 | €44,621 | -€1,955 | -4.2% |
| Land and buildings | 22 | €46,576 | €44,621 | -€1,955 | -4.2% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €1,866 | €1,384 | -€482 | -25.8% |
| Amounts receivable within one year | 40/41 | €584 | - | -€584 | |
| Other amounts receivable | 41 | €584 | - | -€584 | |
| Cash at bank and in hand | 54/58 | €29 | €297 | +€268 | +939.4% |
| Deferred charges and accrued income | 490/1 | €1,253 | €1,087 | -€166 | -13.3% |
| Total equity and liabilities | 10/49 | €48,491 | €46,054 | -€2,437 | -5.0% |
| Equity | 10/15 | €24,072 | €18,909 | -€5,163 | -21.4% |
| Contributions | 10/11 | €49,579 | €49,579 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€25,507 | -€30,670 | -€5,163 | -20.2% |
| Amounts payable | 17/49 | €24,419 | €27,146 | +€2,726 | +11.2% |
| Amounts payable within one year | 42/48 | €24,419 | €27,146 | +€2,726 | +11.2% |
| Trade debts | 44 | €433 | - | -€433 | |
| Suppliers | 440/4 | €433 | - | -€433 | |
| Other amounts payable | 47/48 | €23,986 | €27,146 | +€3,160 | +13.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,024 | €1,955 | -€2,070 | -51.4% |
| Other operating charges | 640/8 | €2,385 | €2,458 | +€73 | +3.1% |
| Gross operating margin | 9900 | -€21,948 | -€84 | +€21,864 | +99.6% |
| Operating profit (loss) | 9901 | -€28,357 | -€4,497 | +€23,860 | +84.1% |
| Financial charges | 65/66B | €44 | €666 | +€623 | +1431.7% |
| Recurring financial charges | 65 | €44 | €666 | +€623 | +1431.7% |
| Profit (loss) for the period before taxes | 9903 | -€28,400 | -€5,163 | +€23,237 | +81.8% |
| Profit (loss) for the period | 9904 | -€28,400 | -€5,163 | +€23,237 | +81.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€28,400 | -€5,163 | +€23,237 | +81.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.