AKM Lex: 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.
AKM Lex
Largest movements
- Cash +€353,685
up €353,685 (+287%), from €123,307 to €476,992
mainly Net result for the year (+€634,764) and Other debts (+€577,900)
- Current investments +€230,000
up €230,000, from €0 to €230,000
- Other debts +€577,900
up €577,900 (+724%), from €79,815 to €657,714
- Gross operating margin +€626,756
up €626,756 (+278%), from €225,180 to €851,936
- Taxes +€159,617
up €159,617 (+304%), from €52,445 to €212,061
- Financial income -€10,689
down €10,689 (-81.6%), from €13,092 to €2,403
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 | €212,701 | €787,481 | +€574,781 | +270% |
| Fixed assets | 21/28 | €84,510 | €79,446 | -€5,064 | -6.0% |
| Tangible fixed assets | 22/27 | €25,725 | €20,661 | -€5,064 | -19.7% |
| Furniture and vehicles | 24 | €25,725 | €20,661 | -€5,064 | -19.7% |
| Financial fixed assets | 28 | €58,785 | €58,785 | = | 0.0% |
| Current assets | 29/58 | €128,190 | €708,035 | +€579,845 | +452% |
| Amounts receivable after more than one year | 29 | €4,685 | €0 | -€4,685 | -100% |
| Other amounts receivable | 291 | €4,685 | €0 | -€4,685 | -100% |
| Current investments | 50/53 | €0 | €230,000 | +€230,000 | |
| Cash at bank and in hand | 54/58 | €123,307 | €476,992 | +€353,685 | +287% |
| Deferred charges and accrued income | 490/1 | €199 | €1,043 | +€845 | +425% |
| Total equity and liabilities | 10/49 | €212,701 | €787,481 | +€574,781 | +270% |
| Equity | 10/15 | €117,579 | €118,344 | +€764 | +0.6% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Profit (loss) carried forward | 14 | €99,029 | €99,794 | +€764 | +0.8% |
| Amounts payable | 17/49 | €95,121 | €669,138 | +€574,017 | +603% |
| Amounts payable within one year | 42/48 | €95,121 | €669,138 | +€574,017 | +603% |
| Trade debts | 44 | €6,868 | €5,902 | -€966 | -14.1% |
| Suppliers | 440/4 | €6,868 | €5,902 | -€966 | -14.1% |
| Taxes, remuneration and social security | 45 | €8,439 | €5,522 | -€2,917 | -34.6% |
| Taxes | 450/3 | €8,439 | €5,522 | -€2,917 | -34.6% |
| Other amounts payable | 47/48 | €79,815 | €657,714 | +€577,900 | +724% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,064 | €5,064 | = | 0.0% |
| Other operating charges | 640/8 | €2,696 | €2,119 | -€577 | -21.4% |
| Gross operating margin | 9900 | €225,180 | €851,936 | +€626,756 | +278% |
| Operating profit (loss) | 9901 | €217,420 | €844,752 | +€627,332 | +289% |
| Financial income | 75/76B | €13,092 | €2,403 | -€10,689 | -81.6% |
| Recurring financial income | 75 | €13,092 | €2,403 | -€10,689 | -81.6% |
| Financial charges | 65/66B | €421 | €329 | -€92 | -21.8% |
| Recurring financial charges | 65 | €421 | €329 | -€92 | -21.8% |
| Profit (loss) for the period before taxes | 9903 | €230,091 | €846,825 | +€616,734 | +268% |
| Income taxes | 67/77 | €52,445 | €212,061 | +€159,617 | +304% |
| Profit (loss) for the period | 9904 | €177,646 | €634,764 | +€457,118 | +257% |
| Profit (loss) for the period to be appropriated | 9905 | €177,646 | €634,764 | +€457,118 | +257% |
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 17 October 2026 via checked.be.