AKICO: 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.
AKICO
Largest movements
- Cash +€189,081
up €189,081 (+565%), from €33,449 to €222,531
mainly Net result for the year (+€360,748) and Tax, wage and social debts (+€112,070)
- Receivables within one year +€106,912
up €106,912 (+1,756%), from €6,088 to €113,000
of which Trade receivables: +€113,000
- Tangible fixed assets +€92,789
new in 2022: €92,789
- Reserves +€360,000
up €360,000 (+43.5%), from €827,360 to €1.2m
of which Distributable reserves: +€360,000
- Tax, wage and social debts +€112,070
up €112,070 (+861%), from €13,013 to €125,083
- Debts after one year -€65,600
down €65,600 (-58.4%), from €112,400 to €46,800
- Other debts -€16,974
down €16,974 (-7.8%), from €216,464 to €199,490
- Gross operating margin +€409,617
up €409,617 (+325%), from €126,091 to €535,708
- Taxes +€135,092
up €135,092 (+380%), from €35,513 to €170,605
- Depreciation -€13,361
down €13,361 (-93.2%), from €14,338 to €976
From the 2021 result to the 2022 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 2021 and 2022 balance sheets and the 2022 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2021 | 2022 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,268,012 | €1,658,686 | +€390,674 | +30.8% |
| Fixed assets | 21/28 | €1,228,474 | €1,321,263 | +€92,789 | +7.6% |
| Tangible fixed assets | 22/27 | - | €92,789 | +€92,789 | |
| Furniture and vehicles | 24 | - | €92,789 | +€92,789 | |
| Financial fixed assets | 28 | €1,228,474 | €1,228,474 | = | 0.0% |
| Current assets | 29/58 | €39,538 | €337,423 | +€297,885 | +753% |
| Amounts receivable within one year | 40/41 | €6,088 | €113,000 | +€106,912 | +1,756% |
| Trade receivables | 40 | - | €113,000 | +€113,000 | |
| Other amounts receivable | 41 | €6,088 | - | -€6,088 | |
| Cash at bank and in hand | 54/58 | €33,449 | €222,531 | +€189,081 | +565% |
| Deferred charges and accrued income | 490/1 | - | €1,892 | +€1,892 | |
| Total equity and liabilities | 10/49 | €1,268,012 | €1,658,686 | +€390,674 | +30.8% |
| Equity | 10/15 | €860,409 | €1,221,156 | +€360,748 | +41.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €827,360 | €1,187,360 | +€360,000 | +43.5% |
| 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 | €825,500 | €1,185,500 | +€360,000 | +43.6% |
| Profit (loss) carried forward | 14 | €14,449 | €15,196 | +€748 | +5.2% |
| Amounts payable | 17/49 | €407,603 | €437,529 | +€29,926 | +7.3% |
| Amounts payable after more than one year | 17 | €112,400 | €46,800 | -€65,600 | -58.4% |
| Financial debts | 170/4 | €112,400 | €46,800 | -€65,600 | -58.4% |
| Amounts payable within one year | 42/48 | €295,203 | €390,729 | +€95,526 | +32.4% |
| Current portion of amounts payable after more than one year | 42 | €65,600 | €65,600 | = | 0.0% |
| Trade debts | 44 | €126 | €557 | +€430 | +340% |
| Suppliers | 440/4 | €126 | €557 | +€430 | +340% |
| Taxes, remuneration and social security | 45 | €13,013 | €125,083 | +€112,070 | +861% |
| Taxes | 450/3 | €13,013 | €125,083 | +€112,070 | +861% |
| Other amounts payable | 47/48 | €216,464 | €199,490 | -€16,974 | -7.8% |
| Non-recurring operating income | 76A | - | €27,000 | +€27,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,338 | €976 | -€13,361 | -93.2% |
| Other operating charges | 640/8 | €1,634 | €1,661 | +€27 | +1.6% |
| Gross operating margin | 9900 | €126,091 | €535,708 | +€409,617 | +325% |
| Operating profit (loss) | 9901 | €110,120 | €533,071 | +€422,951 | +384% |
| Financial charges | 65/66B | €2,531 | €1,719 | -€812 | -32.1% |
| Recurring financial charges | 65 | €2,531 | €1,719 | -€812 | -32.1% |
| Profit (loss) for the period before taxes | 9903 | €107,589 | €531,352 | +€423,763 | +394% |
| Income taxes | 67/77 | €35,513 | €170,605 | +€135,092 | +380% |
| Profit (loss) for the period | 9904 | €72,076 | €360,748 | +€288,672 | +401% |
| Profit (loss) for the period to be appropriated | 9905 | €72,076 | €360,748 | +€288,672 | +401% |
Source: filed annual accounts (NBB), financial years ended 31 December 2021 and 31 December 2022. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.