AKLAS: what changed
What changed
AKLAS
NACE 25.110, Manufacture of metal structures and parts of structures
filed annual accounts (NBB)
Net result for the year
€65,871
2024 · €27,511+€38,360
Equity
€293,221
2024 · €227,351+€65,871
Cash
€13,691
2024 · €27,991-€14,300
Balance sheet total
€1.6m
2024 · €831,650+€794,555
Largest movements
Assets
- Stocks and contracts +€729,671
up €729,671 (+348%), from €209,599 to €939,270
of which Stocks: +€672,312
- Receivables within one year +€113,648
up €113,648 (+25.2%), from €450,247 to €563,895
of which Other amounts receivable: +€163,259
- Tangible fixed assets -€56,461
down €56,461 (-58.1%), from €97,123 to €40,662
of which Plant, machinery and equipment: -€55,717
- Deferred charges and accrued income +€21,997
up €21,997 (+53.3%), from €41,305 to €63,302
Equity and liabilities
- Short-term financial debts +€616,632
up €616,632 (+881%), from €70,000 to €686,632
- Advances received +€160,500
new in 2025: €160,500
- Reserves +€65,871
up €65,871 (+31.6%), from €208,751 to €274,621
- Trade debts -€60,655
down €60,655 (-15.5%), from €391,182 to €330,528
- Other debts +€24,651
new in 2025: €24,651
Income statement
- Gross operating margin +€50,638
up €50,638 (+13.7%), from €368,556 to €419,194
- Staff costs -€29,557
down €29,557 (-10.0%), from €296,921 to €267,364
- Taxes +€22,903
up €22,903 (+190%), from €12,035 to €34,938
- Financial charges +€12,339
up €12,339 (+200%), from €6,183 to €18,523
- Write-downs +€5,458
new in 2025: €5,458
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€27,511
Gross operating margin
+€50,638
Staff costs
+€29,557
Depreciation
-€1,814
Write-downs
-€5,458
Other operating charges
-€3,333
Financial income
+€4,012
Financial charges
-€12,339
Taxes
-€22,903
Result 2025
€65,871
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
-€670,606
Investment
+€39,674
Financing
+€616,632
Cash 2024
€27,991
From operations (derived)
-€670,606
Net result for the year
+€65,871
Depreciation
+€16,787
Stocks and contracts
-€729,671
Receivables within one year
-€113,648
Deferred charges and accrued income
-€21,997
Trade debts
-€60,655
Tax, wage and social debts
-€11,052
Advances received
+€160,500
Other debts
+€24,651
Accrued charges and deferred income
-€1,392
Investment (derived)
+€39,674
Investment in fixed assets (net)
+€39,674
Financing
+€616,632
Short-term financial debts
+€616,632
Cash 2025
€13,691
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €831,650 | €1,626,205 | +€794,555 | +95.5% |
| Fixed assets | 21/28 | €102,508 | €46,047 | -€56,461 | -55.1% |
| Tangible fixed assets | 22/27 | €97,123 | €40,662 | -€56,461 | -58.1% |
| Land and buildings | 22 | €3,165 | €2,801 | -€364 | -11.5% |
| Plant, machinery and equipment | 23 | €75,215 | €19,499 | -€55,717 | -74.1% |
| Furniture and vehicles | 24 | €18,742 | €11,047 | -€7,695 | -41.1% |
| Other tangible fixed assets | 26 | - | €7,315 | +€7,315 | |
| Financial fixed assets | 28 | €5,385 | €5,385 | = | 0.0% |
| Current assets | 29/58 | €729,142 | €1,580,158 | +€851,016 | +117% |
| Stocks and contracts in progress | 3 | €209,599 | €939,270 | +€729,671 | +348% |
| Stocks | 30/36 | €45,677 | €717,989 | +€672,312 | +1,472% |
| Contracts in progress | 37 | €163,923 | €221,281 | +€57,359 | +35.0% |
| Amounts receivable within one year | 40/41 | €450,247 | €563,895 | +€113,648 | +25.2% |
| Trade receivables | 40 | €312,088 | €262,478 | -€49,611 | -15.9% |
| Other amounts receivable | 41 | €138,159 | €301,418 | +€163,259 | +118% |
| Cash at bank and in hand | 54/58 | €27,991 | €13,691 | -€14,300 | -51.1% |
| Deferred charges and accrued income | 490/1 | €41,305 | €63,302 | +€21,997 | +53.3% |
| Total equity and liabilities | 10/49 | €831,650 | €1,626,205 | +€794,555 | +95.5% |
| Equity | 10/15 | €227,351 | €293,221 | +€65,871 | +29.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €208,751 | €274,621 | +€65,871 | +31.6% |
| Distributable reserves | 133 | €208,751 | €274,621 | +€65,871 | +31.6% |
| Provisions and deferred taxes | 16 | €14,000 | €14,000 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €14,000 | €14,000 | = | 0.0% |
| Pensions and similar obligations | 160 | €14,000 | €14,000 | = | 0.0% |
| Amounts payable | 17/49 | €590,299 | €1,318,984 | +€728,684 | +123% |
| Amounts payable within one year | 42/48 | €588,907 | €1,318,984 | +€730,076 | +124% |
| Financial debts | 43 | €70,000 | €686,632 | +€616,632 | +881% |
| Credit institutions | 430/8 | €70,000 | €686,632 | +€616,632 | +881% |
| Trade debts | 44 | €391,182 | €330,528 | -€60,655 | -15.5% |
| Suppliers | 440/4 | €391,182 | €330,528 | -€60,655 | -15.5% |
| Advances received on contracts in progress | 46 | - | €160,500 | +€160,500 | |
| Taxes, remuneration and social security | 45 | €127,725 | €116,673 | -€11,052 | -8.7% |
| Taxes | 450/3 | €51,238 | €58,359 | +€7,121 | +13.9% |
| Remuneration and social security | 454/9 | €76,487 | €58,313 | -€18,173 | -23.8% |
| Other amounts payable | 47/48 | - | €24,651 | +€24,651 | |
| Accrued charges and deferred income | 492/3 | €1,392 | - | -€1,392 | |
| Non-recurring operating income | 76A | - | €14,680 | +€14,680 | |
| Remuneration, social security and pensions | 62 | €296,921 | €267,364 | -€29,557 | -10.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,973 | €16,787 | +€1,814 | +12.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €5,458 | +€5,458 | |
| Other operating charges | 640/8 | €11,654 | €14,988 | +€3,333 | +28.6% |
| Gross operating margin | 9900 | €368,556 | €419,194 | +€50,638 | +13.7% |
| Operating profit (loss) | 9901 | €45,008 | €114,598 | +€69,590 | +155% |
| Financial income | 75/76B | €721 | €4,733 | +€4,012 | +556% |
| Recurring financial income | 75 | €721 | €4,733 | +€4,012 | +556% |
| Financial charges | 65/66B | €6,183 | €18,523 | +€12,339 | +200% |
| Recurring financial charges | 65 | €6,183 | €18,523 | +€12,339 | +200% |
| Profit (loss) for the period before taxes | 9903 | €39,546 | €100,808 | +€61,263 | +155% |
| Income taxes | 67/77 | €12,035 | €34,938 | +€22,903 | +190% |
| Profit (loss) for the period | 9904 | €27,511 | €65,871 | +€38,360 | +139% |
| Profit (loss) for the period to be appropriated | 9905 | €27,511 | €65,871 | +€38,360 | +139% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.