Akihz: 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.
Akihz
Largest movements
- Tangible fixed assets -€97,436
down €97,436 (-5.3%), from €1.8m to €1.7m
of which Land and buildings: -€80,981
- Receivables within one year +€26,109
up €26,109 (+106%), from €24,639 to €50,748
of which Trade receivables: +€16,444
- Cash -€19,586
down €19,586 (-88.7%), from €22,078 to €2,492
mainly Debts after one year (-€95,690) and Receivables within one year (-€26,109)
- Debts after one year -€95,690
down €95,690 (-11.6%), from €821,997 to €726,308
- Accrued charges and deferred income -€22,342
down €22,342 (-100%), from €22,342 to €0
- Gross operating margin -€50,309
down €50,309 (-25.0%), from €201,556 to €151,246
- Financial charges -€24,008
down €24,008 (-51.2%), from €46,867 to €22,859
- Taxes -€9,075
down €9,075 (-51.6%), from €17,579 to €8,504
- Depreciation +€5,996
up €5,996 (+5.6%), from €107,236 to €113,231
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 | €1,875,872 | €1,784,249 | -€91,623 | -4.9% |
| Fixed assets | 21/28 | €1,826,129 | €1,728,692 | -€97,436 | -5.3% |
| Tangible fixed assets | 22/27 | €1,826,129 | €1,728,692 | -€97,436 | -5.3% |
| Land and buildings | 22 | €1,714,386 | €1,633,405 | -€80,981 | -4.7% |
| Plant, machinery and equipment | 23 | €1,836 | €959 | -€877 | -47.8% |
| Furniture and vehicles | 24 | €109,906 | €94,329 | -€15,578 | -14.2% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €49,743 | €55,557 | +€5,813 | +11.7% |
| Amounts receivable within one year | 40/41 | €24,639 | €50,748 | +€26,109 | +106% |
| Trade receivables | 40 | €17,586 | €34,029 | +€16,444 | +93.5% |
| Other amounts receivable | 41 | €7,053 | €16,719 | +€9,666 | +137% |
| Cash at bank and in hand | 54/58 | €22,078 | €2,492 | -€19,586 | -88.7% |
| Deferred charges and accrued income | 490/1 | €3,026 | €2,317 | -€710 | -23.4% |
| Total equity and liabilities | 10/49 | €1,875,872 | €1,784,249 | -€91,623 | -4.9% |
| Equity | 10/15 | €302,210 | €302,017 | -€192 | -0.1% |
| Contributions | 10/11 | €18,500 | €18,500 | = | 0.0% |
| Reserves | 13 | €283,710 | €283,517 | -€192 | -0.1% |
| Non-distributable reserves | 130/1 | €1,850 | €1,850 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,850 | €1,850 | = | 0.0% |
| Distributable reserves | 133 | €281,860 | €281,667 | -€192 | -0.1% |
| Amounts payable | 17/49 | €1,573,663 | €1,482,232 | -€91,431 | -5.8% |
| Amounts payable after more than one year | 17 | €821,997 | €726,308 | -€95,690 | -11.6% |
| Financial debts | 170/4 | €821,997 | €726,308 | -€95,690 | -11.6% |
| Amounts payable within one year | 42/48 | €729,323 | €755,924 | +€26,600 | +3.6% |
| Current portion of amounts payable after more than one year | 42 | €101,246 | €116,567 | +€15,321 | +15.1% |
| Financial debts | 43 | - | €3,785 | +€3,785 | |
| Credit institutions | 430/8 | - | €3,785 | +€3,785 | |
| Trade debts | 44 | €18,899 | €25,437 | +€6,539 | +34.6% |
| Suppliers | 440/4 | €18,899 | €25,437 | +€6,539 | +34.6% |
| Taxes, remuneration and social security | 45 | €5,461 | €6,186 | +€725 | +13.3% |
| Taxes | 450/3 | €3,316 | €3,984 | +€669 | +20.2% |
| Remuneration and social security | 454/9 | €2,146 | €2,202 | +€56 | +2.6% |
| Other amounts payable | 47/48 | €603,718 | €603,949 | +€231 | 0.0% |
| Accrued charges and deferred income | 492/3 | €22,342 | €0 | -€22,342 | -100% |
| Non-recurring operating income | 76A | €44 | €0 | -€44 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €107,236 | €113,231 | +€5,996 | +5.6% |
| Other operating charges | 640/8 | €6,297 | €6,882 | +€585 | +9.3% |
| Gross operating margin | 9900 | €201,556 | €151,246 | -€50,309 | -25.0% |
| Operating profit (loss) | 9901 | €88,023 | €31,133 | -€56,890 | -64.6% |
| Financial income | 75/76B | €54 | €38 | -€16 | -30.1% |
| Recurring financial income | 75 | €54 | €38 | -€16 | -30.1% |
| Financial charges | 65/66B | €46,867 | €22,859 | -€24,008 | -51.2% |
| Recurring financial charges | 65 | €46,867 | €22,859 | -€24,008 | -51.2% |
| Profit (loss) for the period before taxes | 9903 | €41,209 | €8,311 | -€32,898 | -79.8% |
| Income taxes | 67/77 | €17,579 | €8,504 | -€9,075 | -51.6% |
| Profit (loss) for the period | 9904 | €23,631 | -€192 | -€23,823 | |
| Profit (loss) for the period to be appropriated | 9905 | €23,631 | -€192 | -€23,823 |
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 13 October 2026 via checked.be.