AKINEOS: 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.
AKINEOS
Largest movements
- Receivables within one year -€11,085
down €11,085 (-17.5%), from €63,260 to €52,175
of which Other amounts receivable: -€6,029
- Cash -€7,420
down €7,420 (-52.8%), from €14,054 to €6,634
mainly Debts after one year (-€30,003) and Contributions, distributions and other (-€20,000)
- Debts after one year -€30,003
down €30,003 (-44.0%), from €68,171 to €38,168
- Other debts +€22,571
up €22,571 (+22.1%), from €102,104 to €124,675
- Tax, wage and social debts -€10,073
down €10,073 (-47.6%), from €21,159 to €11,087
- Gross operating margin -€16,859
down €16,859 (-30.2%), from €55,805 to €38,946
- Taxes -€5,769
down €5,769 (-47.8%), from €12,078 to €6,309
- Financial charges +€5,089
up €5,089 (+81.0%), from €6,285 to €11,374
- Depreciation -€1,031
down €1,031 (-34.7%), from €2,968 to €1,938
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 | €376,524 | €356,081 | -€20,443 | -5.4% |
| Fixed assets | 21/28 | €299,210 | €297,272 | -€1,938 | -0.6% |
| Tangible fixed assets | 22/27 | €5,035 | €3,097 | -€1,938 | -38.5% |
| Plant, machinery and equipment | 23 | €3,569 | €2,712 | -€857 | -24.0% |
| Other tangible fixed assets | 26 | €1,466 | €385 | -€1,081 | -73.7% |
| Financial fixed assets | 28 | €294,175 | €294,175 | = | 0.0% |
| Current assets | 29/58 | €77,314 | €58,809 | -€18,505 | -23.9% |
| Amounts receivable within one year | 40/41 | €63,260 | €52,175 | -€11,085 | -17.5% |
| Trade receivables | 40 | €57,231 | €52,175 | -€5,056 | -8.8% |
| Other amounts receivable | 41 | €6,029 | - | -€6,029 | |
| Cash at bank and in hand | 54/58 | €14,054 | €6,634 | -€7,420 | -52.8% |
| Total equity and liabilities | 10/49 | €376,524 | €356,081 | -€20,443 | -5.4% |
| Equity | 10/15 | €150,181 | €149,107 | -€1,074 | -0.7% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Reserves | 13 | €132,000 | €132,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €130,000 | €130,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,181 | €2,107 | -€1,074 | -33.8% |
| Amounts payable | 17/49 | €226,343 | €206,975 | -€19,369 | -8.6% |
| Amounts payable after more than one year | 17 | €68,171 | €38,168 | -€30,003 | -44.0% |
| Financial debts | 170/4 | €68,171 | €38,168 | -€30,003 | -44.0% |
| Amounts payable within one year | 42/48 | €157,785 | €168,407 | +€10,622 | +6.7% |
| Current portion of amounts payable after more than one year | 42 | €30,366 | €30,003 | -€363 | -1.2% |
| Financial debts | 43 | €1,709 | €1,701 | -€8 | -0.5% |
| Credit institutions | 430/8 | €1,709 | €1,701 | -€8 | -0.5% |
| Trade debts | 44 | €2,447 | €942 | -€1,505 | -61.5% |
| Suppliers | 440/4 | €2,447 | €942 | -€1,505 | -61.5% |
| Taxes, remuneration and social security | 45 | €21,159 | €11,087 | -€10,073 | -47.6% |
| Taxes | 450/3 | €21,159 | €11,087 | -€10,073 | -47.6% |
| Other amounts payable | 47/48 | €102,104 | €124,675 | +€22,571 | +22.1% |
| Accrued charges and deferred income | 492/3 | €387 | €400 | +€12 | +3.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,968 | €1,938 | -€1,031 | -34.7% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €55,805 | €38,946 | -€16,859 | -30.2% |
| Operating profit (loss) | 9901 | €52,449 | €36,609 | -€15,840 | -30.2% |
| Financial charges | 65/66B | €6,285 | €11,374 | +€5,089 | +81.0% |
| Recurring financial charges | 65 | €6,285 | €11,374 | +€5,089 | +81.0% |
| Profit (loss) for the period before taxes | 9903 | €46,164 | €25,235 | -€20,929 | -45.3% |
| Income taxes | 67/77 | €12,078 | €6,309 | -€5,769 | -47.8% |
| Profit (loss) for the period | 9904 | €34,086 | €18,926 | -€15,160 | -44.5% |
| Profit (loss) for the period to be appropriated | 9905 | €34,086 | €18,926 | -€15,160 | -44.5% |
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 18 October 2026 via checked.be.