AKM Braeckmans: what changed
AKM Braeckmans
Largest movements
- Cash +€39,207
up €39,207 (+50.5%), from €77,611 to €116,817
mainly Net result for the year (+€31,069) and Depreciation (+€5,275)
- Tangible fixed assets -€5,137
down €5,137 (-24.1%), from €21,303 to €16,166
of which Furniture and vehicles: -€3,715
- Receivables within one year -€2,130
down €2,130 (-27.0%), from €7,886 to €5,756
of which Other amounts receivable: -€4,493
- Stocks and contracts +€1,541
new in 2025: €1,541
- Reserves +€59,077
up €59,077 (+352%), from €16,776 to €75,853
- Profit (loss) carried forward -€28,007
no longer reported in 2025 (was €28,007)
- Tax, wage and social debts +€3,535
up €3,535 (+500%), from €707 to €4,242
- Trade debts -€1,919
down €1,919 (-49.8%), from €3,851 to €1,932
- Gross operating margin +€23,564
up €23,564 (+83.5%), from €28,226 to €51,789
- Taxes +€7,238
up €7,238 (+99.2%), from €7,297 to €14,535
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €108,385 | €140,642 | +€32,257 | +29.8% |
| Fixed assets | 21/28 | €21,440 | €16,166 | -€5,275 | -24.6% |
| Intangible fixed assets | 21 | €138 | - | -€138 | |
| Tangible fixed assets | 22/27 | €21,303 | €16,166 | -€5,137 | -24.1% |
| Land and buildings | 22 | €9,500 | €9,500 | = | 0.0% |
| Plant, machinery and equipment | 23 | €1,423 | - | -€1,423 | |
| Furniture and vehicles | 24 | €10,380 | €6,666 | -€3,715 | -35.8% |
| Current assets | 29/58 | €86,944 | €124,476 | +€37,532 | +43.2% |
| Stocks and contracts in progress | 3 | - | €1,541 | +€1,541 | |
| Stocks | 30/36 | - | €1,541 | +€1,541 | |
| Amounts receivable within one year | 40/41 | €7,886 | €5,756 | -€2,130 | -27.0% |
| Trade receivables | 40 | €2,328 | €4,691 | +€2,363 | +102% |
| Other amounts receivable | 41 | €5,558 | €1,065 | -€4,493 | -80.8% |
| Cash at bank and in hand | 54/58 | €77,611 | €116,817 | +€39,207 | +50.5% |
| Deferred charges and accrued income | 490/1 | €1,448 | €362 | -€1,086 | -75.0% |
| Total equity and liabilities | 10/49 | €108,385 | €140,642 | +€32,257 | +29.8% |
| Equity | 10/15 | €63,383 | €94,453 | +€31,069 | +49.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €16,776 | €75,853 | +€59,077 | +352% |
| Distributable reserves | 133 | €16,776 | €75,853 | +€59,077 | +352% |
| Profit (loss) carried forward | 14 | €28,007 | - | -€28,007 | |
| Amounts payable | 17/49 | €45,001 | €46,189 | +€1,188 | +2.6% |
| Amounts payable after more than one year | 17 | €40,000 | €40,000 | = | 0.0% |
| Other amounts payable | 178/9 | €40,000 | €40,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €5,001 | €6,189 | +€1,188 | +23.8% |
| Trade debts | 44 | €3,851 | €1,932 | -€1,919 | -49.8% |
| Suppliers | 440/4 | €3,851 | €1,932 | -€1,919 | -49.8% |
| Advances received on contracts in progress | 46 | €443 | - | -€443 | |
| Taxes, remuneration and social security | 45 | €707 | €4,242 | +€3,535 | +500% |
| Taxes | 450/3 | €707 | €4,242 | +€3,535 | +500% |
| Other amounts payable | 47/48 | - | €15 | +€15 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,121 | €5,275 | +€153 | +3.0% |
| Other operating charges | 640/8 | €833 | €867 | +€34 | +4.1% |
| Gross operating margin | 9900 | €28,226 | €51,789 | +€23,564 | +83.5% |
| Operating profit (loss) | 9901 | €22,271 | €45,648 | +€23,377 | +105% |
| Financial income | 75/76B | €119 | €24 | -€95 | -79.7% |
| Recurring financial income | 75 | €119 | €24 | -€95 | -79.7% |
| Financial charges | 65/66B | €177 | €67 | -€110 | -62.0% |
| Recurring financial charges | 65 | €177 | €67 | -€110 | -62.0% |
| Profit (loss) for the period before taxes | 9903 | €22,213 | €45,604 | +€23,392 | +105% |
| Income taxes | 67/77 | €7,297 | €14,535 | +€7,238 | +99.2% |
| Profit (loss) for the period | 9904 | €14,916 | €31,069 | +€16,153 | +108% |
| Profit (loss) for the period to be appropriated | 9905 | €14,916 | €31,069 | +€16,153 | +108% |
Next steps
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 2 November 2026 via checked.be.