AKF Invest: 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.
AKF Invest
Largest movements
- Cash -€8,388
down €8,388 (-66.0%), from €12,701 to €4,312
mainly Net result for the year (-€12,301) and Deferred charges and accrued income (-€48)
- Receivables within one year -€1,867
down €1,867 (-12.5%), from €14,898 to €13,030
of which Trade receivables: -€1,880
- Profit (loss) carried forward -€12,301
new in 2025: -€12,301
- Tax, wage and social debts +€1,426
up €1,426 (+19.3%), from €7,398 to €8,823
of which Taxes: +€1,426
- Other debts +€426
up €426 (+24.0%), from €1,777 to €2,203
- Gross operating margin -€26,263
down €26,263, from €14,912 to -€11,351
- Taxes -€4,574
down €4,574 (-94.5%), from €4,839 to €265
- Other operating charges +€302
up €302 (+109%), from €277 to €579
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 | €28,595 | €18,387 | -€10,208 | -35.7% |
| Current assets | 29/58 | €28,595 | €18,387 | -€10,208 | -35.7% |
| Amounts receivable within one year | 40/41 | €14,898 | €13,030 | -€1,867 | -12.5% |
| Trade receivables | 40 | €14,898 | €13,017 | -€1,880 | -12.6% |
| Other amounts receivable | 41 | - | €13 | +€13 | |
| Cash at bank and in hand | 54/58 | €12,701 | €4,312 | -€8,388 | -66.0% |
| Deferred charges and accrued income | 490/1 | €996 | €1,044 | +€48 | +4.8% |
| Total equity and liabilities | 10/49 | €28,595 | €18,387 | -€10,208 | -35.7% |
| Equity | 10/15 | €17,723 | €5,422 | -€12,301 | -69.4% |
| Contributions | 10/11 | €8,000 | €8,000 | = | 0.0% |
| Reserves | 13 | €9,723 | €9,723 | = | 0.0% |
| Distributable reserves | 133 | €9,723 | €9,723 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€12,301 | -€12,301 | |
| Amounts payable | 17/49 | €10,872 | €12,964 | +€2,093 | +19.2% |
| Amounts payable within one year | 42/48 | €10,523 | €12,654 | +€2,131 | +20.2% |
| Trade debts | 44 | €1,348 | €1,627 | +€279 | +20.7% |
| Suppliers | 440/4 | €1,348 | €1,627 | +€279 | +20.7% |
| Taxes, remuneration and social security | 45 | €7,398 | €8,823 | +€1,426 | +19.3% |
| Taxes | 450/3 | €5,398 | €6,823 | +€1,426 | +26.4% |
| Remuneration and social security | 454/9 | €2,000 | €2,000 | = | 0.0% |
| Other amounts payable | 47/48 | €1,777 | €2,203 | +€426 | +24.0% |
| Accrued charges and deferred income | 492/3 | €348 | €310 | -€38 | -11.0% |
| Other operating charges | 640/8 | €277 | €579 | +€302 | +109% |
| Gross operating margin | 9900 | €14,912 | -€11,351 | -€26,263 | |
| Operating profit (loss) | 9901 | €14,634 | -€11,930 | -€26,564 | |
| Financial income | 75/76B | €0 | €1 | +€1 | +1,380% |
| Recurring financial income | 75 | €0 | €1 | +€1 | +1,380% |
| Financial charges | 65/66B | €72 | €106 | +€34 | +47.3% |
| Recurring financial charges | 65 | €72 | €106 | +€34 | +47.3% |
| Profit (loss) for the period before taxes | 9903 | €14,562 | -€12,036 | -€26,598 | |
| Income taxes | 67/77 | €4,839 | €265 | -€4,574 | -94.5% |
| Profit (loss) for the period | 9904 | €9,723 | -€12,301 | -€22,024 | |
| Profit (loss) for the period to be appropriated | 9905 | €9,723 | -€12,301 | -€22,024 |
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 20 October 2026 via checked.be.