AKILES MANAGEMENT: 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.
AKILES MANAGEMENT
Largest movements
- Cash +€192,145
up €192,145 (+753%), from €25,519 to €217,664
mainly Current investments (+€180,000) and Other debts (+€150,000)
- Current investments -€180,000
no longer reported in 2025 (was €180,000)
- Other debts +€150,000
new in 2025: €150,000
- Profit (loss) carried forward -€137,941
down €137,941 (-77.6%), from €177,856 to €39,915
- Tax, wage and social debts -€5,550
down €5,550 (-29.2%), from €19,007 to €13,458
of which Remuneration and social security: -€6,853
- Trade debts +€3,120
new in 2025: €3,120
- Staff costs -€16,496
down €16,496 (-30.9%), from €53,422 to €36,926
- Financial income -€4,830
down €4,830 (-55.0%), from €8,784 to €3,953
- Taxes +€4,004
up €4,004 (+190%), from €2,109 to €6,113
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 | €216,863 | €226,493 | +€9,630 | +4.4% |
| Fixed assets | 21/28 | €384 | €109 | -€275 | -71.7% |
| Tangible fixed assets | 22/27 | €384 | €109 | -€275 | -71.7% |
| Furniture and vehicles | 24 | €384 | €109 | -€275 | -71.7% |
| Current assets | 29/58 | €216,479 | €226,384 | +€9,905 | +4.6% |
| Amounts receivable within one year | 40/41 | €9,601 | €8,143 | -€1,458 | -15.2% |
| Trade receivables | 40 | €9,075 | €7,570 | -€1,505 | -16.6% |
| Other amounts receivable | 41 | €526 | €573 | +€47 | +8.9% |
| Current investments | 50/53 | €180,000 | - | -€180,000 | |
| Cash at bank and in hand | 54/58 | €25,519 | €217,664 | +€192,145 | +753% |
| Deferred charges and accrued income | 490/1 | €1,359 | €578 | -€782 | -57.5% |
| Total equity and liabilities | 10/49 | €216,863 | €226,493 | +€9,630 | +4.4% |
| Equity | 10/15 | €197,856 | €59,915 | -€137,941 | -69.7% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €177,856 | €39,915 | -€137,941 | -77.6% |
| Amounts payable | 17/49 | €19,007 | €166,578 | +€147,570 | +776% |
| Amounts payable within one year | 42/48 | €19,007 | €166,578 | +€147,570 | +776% |
| Trade debts | 44 | - | €3,120 | +€3,120 | |
| Suppliers | 440/4 | - | €3,120 | +€3,120 | |
| Taxes, remuneration and social security | 45 | €19,007 | €13,458 | -€5,550 | -29.2% |
| Taxes | 450/3 | €12,154 | €13,458 | +€1,304 | +10.7% |
| Remuneration and social security | 454/9 | €6,853 | - | -€6,853 | |
| Other amounts payable | 47/48 | - | €150,000 | +€150,000 | |
| Remuneration, social security and pensions | 62 | €53,422 | €36,926 | -€16,496 | -30.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €275 | €275 | = | 0.0% |
| Other operating charges | 640/8 | €8,398 | €7,897 | -€501 | -6.0% |
| Gross operating margin | 9900 | €59,142 | €59,514 | +€372 | +0.6% |
| Operating profit (loss) | 9901 | -€2,954 | €14,415 | +€17,369 | |
| Financial income | 75/76B | €8,784 | €3,953 | -€4,830 | -55.0% |
| Recurring financial income | 75 | €8,784 | €3,953 | -€4,830 | -55.0% |
| Financial charges | 65/66B | €168 | €196 | +€29 | +17.1% |
| Recurring financial charges | 65 | €168 | €196 | +€29 | +17.1% |
| Profit (loss) for the period before taxes | 9903 | €5,662 | €18,172 | +€12,510 | +221% |
| Income taxes | 67/77 | €2,109 | €6,113 | +€4,004 | +190% |
| Profit (loss) for the period | 9904 | €3,553 | €12,059 | +€8,507 | +239% |
| Profit (loss) for the period to be appropriated | 9905 | €3,553 | €12,059 | +€8,507 | +239% |
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.