Akina: 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.
Akina
Largest movements
- Tangible fixed assets +€180,720
up €180,720 (+10.3%), from €1.7m to €1.9m
of which Land and buildings: +€204,554
- Stocks and contracts +€125,406
up €125,406 (+124%), from €100,942 to €226,348
- Receivables within one year -€70,354
down €70,354 (-37.3%), from €188,495 to €118,141
of which Other amounts receivable: -€46,532
- Debts after one year +€108,048
up €108,048 (+10.9%), from €989,917 to €1.1m
- Reserves +€101,939
up €101,939 (+38.1%), from €267,594 to €369,533
- Trade debts -€56,990
down €56,990 (-43.1%), from €132,137 to €75,148
- Other debts +€47,377
up €47,377 (+11.0%), from €432,304 to €479,681
- Current portion of long-term debt +€37,405
up €37,405 (+47.3%), from €79,159 to €116,564
- Gross operating margin +€222,628
up €222,628 (+216%), from €103,014 to €325,642
- Depreciation +€51,734
up €51,734 (+62.6%), from €82,637 to €134,371
- Taxes +€24,980
up €24,980 (+299%), from €8,362 to €33,341
- Financial charges +€13,109
up €13,109 (+54.8%), from €23,905 to €37,014
- Financial income +€3,343
up €3,343 (+100,398%), from €3 to €3,347
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 | €2,061,567 | €2,311,952 | +€250,385 | +12.1% |
| Fixed assets | 21/28 | €1,749,069 | €1,933,329 | +€184,261 | +10.5% |
| Intangible fixed assets | 21 | - | €3,541 | +€3,541 | |
| Tangible fixed assets | 22/27 | €1,749,069 | €1,929,788 | +€180,720 | +10.3% |
| Land and buildings | 22 | €823,232 | €1,027,786 | +€204,554 | +24.8% |
| Plant, machinery and equipment | 23 | €43,351 | €41,657 | -€1,694 | -3.9% |
| Furniture and vehicles | 24 | €75,510 | €76,542 | +€1,032 | +1.4% |
| Other tangible fixed assets | 26 | €806,976 | €783,804 | -€23,172 | -2.9% |
| Current assets | 29/58 | €312,498 | €378,623 | +€66,124 | +21.2% |
| Stocks and contracts in progress | 3 | €100,942 | €226,348 | +€125,406 | +124% |
| Stocks | 30/36 | €100,942 | €226,348 | +€125,406 | +124% |
| Amounts receivable within one year | 40/41 | €188,495 | €118,141 | -€70,354 | -37.3% |
| Trade receivables | 40 | €68,490 | €44,668 | -€23,822 | -34.8% |
| Other amounts receivable | 41 | €120,005 | €73,474 | -€46,532 | -38.8% |
| Cash at bank and in hand | 54/58 | €21,826 | €32,780 | +€10,955 | +50.2% |
| Deferred charges and accrued income | 490/1 | €1,236 | €1,353 | +€117 | +9.5% |
| Total equity and liabilities | 10/49 | €2,061,567 | €2,311,952 | +€250,385 | +12.1% |
| Equity | 10/15 | €273,794 | €375,733 | +€101,939 | +37.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €267,594 | €369,533 | +€101,939 | +38.1% |
| Distributable reserves | 133 | €267,594 | €369,533 | +€101,939 | +38.1% |
| Amounts payable | 17/49 | €1,787,773 | €1,936,219 | +€148,446 | +8.3% |
| Amounts payable after more than one year | 17 | €989,917 | €1,097,965 | +€108,048 | +10.9% |
| Financial debts | 170/4 | €989,917 | €1,097,965 | +€108,048 | +10.9% |
| Amounts payable within one year | 42/48 | €797,856 | €836,573 | +€38,717 | +4.9% |
| Current portion of amounts payable after more than one year | 42 | €79,159 | €116,564 | +€37,405 | +47.3% |
| Financial debts | 43 | €139,860 | €125,000 | -€14,860 | -10.6% |
| Credit institutions | 430/8 | €139,860 | €125,000 | -€14,860 | -10.6% |
| Trade debts | 44 | €132,137 | €75,148 | -€56,990 | -43.1% |
| Suppliers | 440/4 | €132,137 | €75,148 | -€56,990 | -43.1% |
| Taxes, remuneration and social security | 45 | €14,396 | €40,180 | +€25,784 | +179% |
| Taxes | 450/3 | €13,093 | €37,534 | +€24,441 | +187% |
| Remuneration and social security | 454/9 | €1,303 | €2,646 | +€1,343 | +103% |
| Other amounts payable | 47/48 | €432,304 | €479,681 | +€47,377 | +11.0% |
| Accrued charges and deferred income | 492/3 | €0 | €1,682 | +€1,682 | |
| Non-recurring operating income | 76A | - | €54,970 | +€54,970 | |
| Remuneration, social security and pensions | 62 | €11,233 | €12,179 | +€945 | +8.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €82,637 | €134,371 | +€51,734 | +62.6% |
| Other operating charges | 640/8 | €6,914 | €10,100 | +€3,186 | +46.1% |
| Non-recurring operating charges | 66A | - | €45 | +€45 | |
| Gross operating margin | 9900 | €103,014 | €325,642 | +€222,628 | +216% |
| Operating profit (loss) | 9901 | €2,229 | €168,947 | +€166,718 | +7,478% |
| Financial income | 75/76B | €3 | €3,347 | +€3,343 | +100,398% |
| Recurring financial income | 75 | €3 | €3,347 | +€3,343 | +100,398% |
| Financial charges | 65/66B | €23,905 | €37,014 | +€13,109 | +54.8% |
| Recurring financial charges | 65 | €23,905 | €37,014 | +€13,109 | +54.8% |
| Profit (loss) for the period before taxes | 9903 | -€21,672 | €135,280 | +€156,952 | |
| Income taxes | 67/77 | €8,362 | €33,341 | +€24,980 | +299% |
| Profit (loss) for the period | 9904 | -€30,034 | €101,939 | +€131,973 | |
| Profit (loss) for the period to be appropriated | 9905 | -€30,034 | €101,939 | +€131,973 |
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 24 October 2026 via checked.be.