AKHNATEN: 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.
AKHNATEN
Largest movements
- Current investments +€100,000
up €100,000 (+100.0%), from €100,000 to €200,000
- Cash -€55,102
down €55,102 (-25.7%), from €214,802 to €159,700
mainly Current investments (-€100,000) and Contributions, distributions and other (-€42,541)
- Deferred charges and accrued income -€4,806
down €4,806 (-54.3%), from €8,843 to €4,038
- Reserves +€32,043
up €32,043 (+8.9%), from €360,458 to €392,501
of which Distributable reserves: +€32,043
- Gross operating margin +€6,513
up €6,513 (+6.6%), from €98,293 to €104,806
- Taxes +€3,256
up €3,256 (+12.0%), from €27,219 to €30,475
- Financial income +€1,847
up €1,847 (+61.9%), from €2,983 to €4,830
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 | €377,929 | €413,425 | +€35,496 | +9.4% |
| Fixed assets | 21/28 | €10,941 | €7,140 | -€3,801 | -34.7% |
| Tangible fixed assets | 22/27 | €10,941 | €7,140 | -€3,801 | -34.7% |
| Plant, machinery and equipment | 23 | €6,768 | €4,358 | -€2,410 | -35.6% |
| Furniture and vehicles | 24 | €4,173 | €2,782 | -€1,391 | -33.3% |
| Current assets | 29/58 | €366,988 | €406,285 | +€39,297 | +10.7% |
| Amounts receivable within one year | 40/41 | €43,343 | €42,548 | -€795 | -1.8% |
| Trade receivables | 40 | €43,197 | €42,523 | -€674 | -1.6% |
| Other amounts receivable | 41 | €146 | €25 | -€121 | -82.9% |
| Current investments | 50/53 | €100,000 | €200,000 | +€100,000 | +100.0% |
| Cash at bank and in hand | 54/58 | €214,802 | €159,700 | -€55,102 | -25.7% |
| Deferred charges and accrued income | 490/1 | €8,843 | €4,038 | -€4,806 | -54.3% |
| Total equity and liabilities | 10/49 | €377,929 | €413,425 | +€35,496 | +9.4% |
| Equity | 10/15 | €366,658 | €398,701 | +€32,043 | +8.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €360,458 | €392,501 | +€32,043 | +8.9% |
| 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 | €358,598 | €390,641 | +€32,043 | +8.9% |
| Amounts payable | 17/49 | €11,271 | €14,724 | +€3,453 | +30.6% |
| Amounts payable within one year | 42/48 | €11,271 | €14,724 | +€3,453 | +30.6% |
| Trade debts | 44 | €355 | €842 | +€487 | +137.0% |
| Suppliers | 440/4 | €355 | €842 | +€487 | +137.0% |
| Taxes, remuneration and social security | 45 | €9,345 | €12,312 | +€2,967 | +31.7% |
| Taxes | 450/3 | €9,345 | €12,312 | +€2,967 | +31.7% |
| Other amounts payable | 47/48 | €1,571 | €1,571 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,943 | €3,801 | -€143 | -3.6% |
| Other operating charges | 640/8 | €742 | €705 | -€36 | -4.9% |
| Gross operating margin | 9900 | €98,293 | €104,806 | +€6,513 | +6.6% |
| Operating profit (loss) | 9901 | €93,608 | €100,300 | +€6,691 | +7.1% |
| Financial income | 75/76B | €2,983 | €4,830 | +€1,847 | +61.9% |
| Recurring financial income | 75 | €2,983 | €4,830 | +€1,847 | +61.9% |
| Financial charges | 65/66B | €50 | €70 | +€20 | +40.2% |
| Recurring financial charges | 65 | €50 | €70 | +€20 | +40.2% |
| Profit (loss) for the period before taxes | 9903 | €96,541 | €105,060 | +€8,519 | +8.8% |
| Income taxes | 67/77 | €27,219 | €30,475 | +€3,256 | +12.0% |
| Profit (loss) for the period | 9904 | €69,322 | €74,584 | +€5,263 | +7.6% |
| Profit (loss) for the period to be appropriated | 9905 | €69,322 | €74,584 | +€5,263 | +7.6% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.