AKITEN: 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.
AKITEN
Largest movements
- Current investments +€694,584
up €694,584 (+139%), from €500,000 to €1.2m
- Financial fixed assets +€520,000
up €520,000 (+46.6%), from €1.1m to €1.6m
- Receivables within one year -€251,547
down €251,547 (-24.5%), from €1.0m to €776,820
of which Other amounts receivable: -€266,512
- Cash -€201,514
down €201,514 (-89.1%), from €226,043 to €24,529
mainly Current investments (-€694,584) and Investment in fixed assets (net) (-€532,096)
- Reserves +€890,000
up €890,000 (+28.7%), from €3.1m to €4.0m
of which Distributable reserves: +€890,000
- Other debts -€182,000
down €182,000 (-96.3%), from €189,000 to €7,000
- Financial income -€400,029
down €400,029 (-29.2%), from €1.4m to €970,226
- Financial charges -€78,059
down €78,059 (-82.6%), from €94,543 to €16,484
- Taxes -€75,928
down €75,928 (-67.0%), from €113,294 to €37,366
- Depreciation -€46,028
down €46,028 (-53.1%), from €86,608 to €40,580
- Gross operating margin -€46,020
down €46,020 (-39.3%), from €116,979 to €70,959
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 | €3,704,612 | €4,442,531 | +€737,919 | +19.9% |
| Fixed assets | 21/28 | €1,788,088 | €2,279,604 | +€491,516 | +27.5% |
| Tangible fixed assets | 22/27 | €671,384 | €642,900 | -€28,484 | -4.2% |
| Land and buildings | 22 | €318,386 | €296,295 | -€22,091 | -6.9% |
| Plant, machinery and equipment | 23 | €5,666 | €3,932 | -€1,734 | -30.6% |
| Furniture and vehicles | 24 | €52,900 | €44,591 | -€8,309 | -15.7% |
| Other tangible fixed assets | 26 | €294,432 | €298,082 | +€3,650 | +1.2% |
| Financial fixed assets | 28 | €1,116,704 | €1,636,704 | +€520,000 | +46.6% |
| Current assets | 29/58 | €1,916,524 | €2,162,927 | +€246,403 | +12.9% |
| Stocks and contracts in progress | 3 | €151,641 | €156,640 | +€4,999 | +3.3% |
| Stocks | 30/36 | €151,641 | €156,640 | +€4,999 | +3.3% |
| Amounts receivable within one year | 40/41 | €1,028,367 | €776,820 | -€251,547 | -24.5% |
| Trade receivables | 40 | €16,219 | €31,184 | +€14,965 | +92.3% |
| Other amounts receivable | 41 | €1,012,148 | €745,636 | -€266,512 | -26.3% |
| Current investments | 50/53 | €500,000 | €1,194,584 | +€694,584 | +139% |
| Cash at bank and in hand | 54/58 | €226,043 | €24,529 | -€201,514 | -89.1% |
| Deferred charges and accrued income | 490/1 | €10,473 | €10,354 | -€119 | -1.1% |
| Total equity and liabilities | 10/49 | €3,704,612 | €4,442,531 | +€737,919 | +19.9% |
| Equity | 10/15 | €3,127,066 | €4,014,800 | +€887,734 | +28.4% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €3,102,487 | €3,992,487 | +€890,000 | +28.7% |
| Non-distributable reserves | 130/1 | €1,256,784 | €1,256,784 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,256,784 | €1,256,784 | = | 0.0% |
| Tax-exempt reserves | 132 | €2,703 | €2,703 | = | 0.0% |
| Distributable reserves | 133 | €1,843,000 | €2,733,000 | +€890,000 | +48.3% |
| Profit (loss) carried forward | 14 | €4,579 | €2,313 | -€2,266 | -49.5% |
| Amounts payable | 17/49 | €577,546 | €427,731 | -€149,815 | -25.9% |
| Amounts payable after more than one year | 17 | €234,337 | €224,937 | -€9,400 | -4.0% |
| Financial debts | 170/4 | €234,337 | €224,937 | -€9,400 | -4.0% |
| Amounts payable within one year | 42/48 | €343,209 | €202,794 | -€140,415 | -40.9% |
| Current portion of amounts payable after more than one year | 42 | €9,082 | €9,400 | +€318 | +3.5% |
| Financial debts | 43 | €209 | - | -€209 | |
| Credit institutions | 430/8 | €209 | - | -€209 | |
| Trade debts | 44 | €10,135 | €12,972 | +€2,837 | +28.0% |
| Suppliers | 440/4 | €10,135 | €12,972 | +€2,837 | +28.0% |
| Taxes, remuneration and social security | 45 | €134,783 | €173,422 | +€38,639 | +28.7% |
| Taxes | 450/3 | €128,769 | €164,814 | +€36,045 | +28.0% |
| Remuneration and social security | 454/9 | €6,014 | €8,608 | +€2,594 | +43.1% |
| Other amounts payable | 47/48 | €189,000 | €7,000 | -€182,000 | -96.3% |
| Remuneration, social security and pensions | 62 | €53,777 | €56,160 | +€2,383 | +4.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €86,608 | €40,580 | -€46,028 | -53.1% |
| Other operating charges | 640/8 | €10,775 | €2,861 | -€7,914 | -73.4% |
| Gross operating margin | 9900 | €116,979 | €70,959 | -€46,020 | -39.3% |
| Operating profit (loss) | 9901 | -€34,181 | -€28,642 | +€5,539 | +16.2% |
| Financial income | 75/76B | €1,370,255 | €970,226 | -€400,029 | -29.2% |
| Recurring financial income | 75 | €1,370,255 | €970,226 | -€400,029 | -29.2% |
| Financial charges | 65/66B | €94,543 | €16,484 | -€78,059 | -82.6% |
| Recurring financial charges | 65 | €94,543 | €16,484 | -€78,059 | -82.6% |
| Profit (loss) for the period before taxes | 9903 | €1,241,531 | €925,100 | -€316,431 | -25.5% |
| Income taxes | 67/77 | €113,294 | €37,366 | -€75,928 | -67.0% |
| Profit (loss) for the period | 9904 | €1,128,237 | €887,734 | -€240,503 | -21.3% |
| Profit (loss) for the period to be appropriated | 9905 | €1,128,237 | €887,734 | -€240,503 | -21.3% |
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 25 October 2026 via checked.be.