AKINDOO: 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.
AKINDOO
Largest movements
- Tangible fixed assets -€45,628
down €45,628 (-25.5%), from €178,905 to €133,277
of which Land and buildings: -€32,606
- Receivables within one year -€12,569
down €12,569 (-30.3%), from €41,485 to €28,916
of which Other amounts receivable: -€16,494
- Cash +€12,045
up €12,045 (+99.8%), from €12,073 to €24,118
mainly Investment in fixed assets (net) (+€30,541) and Depreciation (+€16,293)
- Debts after one year -€13,783
down €13,783 (-17.2%), from €80,001 to €66,218
- Reserves -€12,451
down €12,451 (-15.6%), from €80,034 to €67,582
- Current portion of long-term debt -€9,301
down €9,301 (-39.0%), from €23,863 to €14,563
- Tax, wage and social debts -€5,578
down €5,578 (-36.7%), from €15,182 to €9,605
of which Taxes: -€6,578
- Short-term financial debts -€2,630
down €2,630 (-19.8%), from €13,283 to €10,653
- Gross operating margin -€26,456
down €26,456 (-68.9%), from €38,394 to €11,938
- Staff costs -€12,098
no longer reported in 2025 (was €12,098)
- Other operating charges -€5,785
down €5,785 (-69.6%), from €8,307 to €2,522
- Depreciation -€1,379
down €1,379 (-7.8%), from €17,673 to €16,293
- Financial charges +€1,325
up €1,325 (+28.6%), from €4,628 to €5,953
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 | €235,479 | €188,060 | -€47,419 | -20.1% |
| Fixed assets | 21/28 | €181,344 | €134,510 | -€46,834 | -25.8% |
| Intangible fixed assets | 21 | €1,890 | €683 | -€1,206 | -63.8% |
| Tangible fixed assets | 22/27 | €178,905 | €133,277 | -€45,628 | -25.5% |
| Land and buildings | 22 | €32,606 | - | -€32,606 | |
| Plant, machinery and equipment | 23 | €454 | €297 | -€157 | -34.5% |
| Furniture and vehicles | 24 | €2,667 | €2,973 | +€306 | +11.5% |
| Other tangible fixed assets | 26 | €143,178 | €130,006 | -€13,172 | -9.2% |
| Financial fixed assets | 28 | €550 | €550 | = | 0.0% |
| Current assets | 29/58 | €54,134 | €53,550 | -€584 | -1.1% |
| Amounts receivable within one year | 40/41 | €41,485 | €28,916 | -€12,569 | -30.3% |
| Trade receivables | 40 | €12,332 | €16,257 | +€3,925 | +31.8% |
| Other amounts receivable | 41 | €29,153 | €12,659 | -€16,494 | -56.6% |
| Cash at bank and in hand | 54/58 | €12,073 | €24,118 | +€12,045 | +99.8% |
| Deferred charges and accrued income | 490/1 | €576 | €516 | -€60 | -10.5% |
| Total equity and liabilities | 10/49 | €235,479 | €188,060 | -€47,419 | -20.1% |
| Equity | 10/15 | €86,234 | €73,782 | -€12,451 | -14.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €80,034 | €67,582 | -€12,451 | -15.6% |
| Distributable reserves | 133 | €80,034 | €67,582 | -€12,451 | -15.6% |
| Amounts payable | 17/49 | €149,245 | €114,278 | -€34,967 | -23.4% |
| Amounts payable after more than one year | 17 | €80,001 | €66,218 | -€13,783 | -17.2% |
| Financial debts | 170/4 | €80,001 | €66,218 | -€13,783 | -17.2% |
| Amounts payable within one year | 42/48 | €67,693 | €48,059 | -€19,634 | -29.0% |
| Current portion of amounts payable after more than one year | 42 | €23,863 | €14,563 | -€9,301 | -39.0% |
| Financial debts | 43 | €13,283 | €10,653 | -€2,630 | -19.8% |
| Credit institutions | 430/8 | €13,283 | €10,653 | -€2,630 | -19.8% |
| Trade debts | 44 | €15,365 | €13,238 | -€2,126 | -13.8% |
| Suppliers | 440/4 | €15,365 | €13,238 | -€2,126 | -13.8% |
| Taxes, remuneration and social security | 45 | €15,182 | €9,605 | -€5,578 | -36.7% |
| Taxes | 450/3 | €15,182 | €8,605 | -€6,578 | -43.3% |
| Remuneration and social security | 454/9 | - | €1,000 | +€1,000 | |
| Accrued charges and deferred income | 492/3 | €1,550 | - | -€1,550 | |
| Remuneration, social security and pensions | 62 | €12,098 | - | -€12,098 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,673 | €16,293 | -€1,379 | -7.8% |
| Other operating charges | 640/8 | €8,307 | €2,522 | -€5,785 | -69.6% |
| Gross operating margin | 9900 | €38,394 | €11,938 | -€26,456 | -68.9% |
| Operating profit (loss) | 9901 | €316 | -€6,878 | -€7,194 | |
| Financial income | 75/76B | €1,856 | €670 | -€1,187 | -63.9% |
| Recurring financial income | 75 | €1,856 | €670 | -€1,187 | -63.9% |
| Financial charges | 65/66B | €4,628 | €5,953 | +€1,325 | +28.6% |
| Recurring financial charges | 65 | €4,628 | €5,953 | +€1,325 | +28.6% |
| Profit (loss) for the period before taxes | 9903 | -€2,456 | -€12,160 | -€9,705 | -395.2% |
| Income taxes | 67/77 | €1,508 | €291 | -€1,217 | -80.7% |
| Profit (loss) for the period | 9904 | -€3,964 | -€12,451 | -€8,487 | -214.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,964 | -€12,451 | -€8,487 | -214.1% |
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 11 October 2026 via checked.be.