AKM SERVICES: 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 SERVICES
Largest movements
- Financial fixed assets +€585,000
up €585,000 (+815%), from €71,750 to €656,750
- Receivables within one year -€22,764
no longer reported in 2025 (was €22,764)
- Tangible fixed assets -€18,175
down €18,175 (-23.1%), from €78,760 to €60,586
of which Other tangible fixed assets: -€14,178
- Debts after one year +€586,480
new in 2025: €586,480
- Other debts -€115,687
down €115,687 (-77.0%), from €150,201 to €34,514
- Current portion of long-term debt +€45,083
new in 2025: €45,083
- Profit (loss) carried forward +€24,940
up €24,940 (+88.0%), from €28,350 to €53,290
- Gross operating margin +€32,141
up €32,141 (+84.8%), from €37,900 to €70,041
- Financial charges +€12,265
up €12,265 (+8,324%), from €147 to €12,412
of which Financial charges: +€12,265
- Taxes +€8,288
new in 2025: €8,288
- Financial income -€2,970
down €2,970 (-59.3%), from €5,010 to €2,040
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 | €214,776 | €750,173 | +€535,397 | +249% |
| Fixed assets | 21/28 | €166,128 | €730,176 | +€564,048 | +340% |
| Intangible fixed assets | 21 | €15,617 | €12,840 | -€2,778 | -17.8% |
| Tangible fixed assets | 22/27 | €78,760 | €60,586 | -€18,175 | -23.1% |
| Furniture and vehicles | 24 | €12,065 | €8,862 | -€3,203 | -26.6% |
| Leasing and similar rights | 25 | €1,292 | €498 | -€793 | -61.4% |
| Other tangible fixed assets | 26 | €65,404 | €51,226 | -€14,178 | -21.7% |
| Financial fixed assets | 28 | €71,750 | €656,750 | +€585,000 | +815% |
| Current assets | 29/58 | €48,648 | €19,997 | -€28,651 | -58.9% |
| Stocks and contracts in progress | 3 | €2,476 | €2,602 | +€126 | +5.1% |
| Stocks | 30/36 | €2,476 | €2,602 | +€126 | +5.1% |
| Amounts receivable within one year | 40/41 | €22,764 | - | -€22,764 | |
| Trade receivables | 40 | €22,764 | - | -€22,764 | |
| Cash at bank and in hand | 54/58 | €23,408 | €17,395 | -€6,013 | -25.7% |
| Total equity and liabilities | 10/49 | €214,776 | €750,173 | +€535,397 | +249% |
| Equity | 10/15 | €35,391 | €58,290 | +€22,899 | +64.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €28,350 | €53,290 | +€24,940 | +88.0% |
| Investment grants | 15 | €2,040 | - | -€2,040 | |
| Amounts payable | 17/49 | €179,385 | €691,883 | +€512,498 | +286% |
| Amounts payable after more than one year | 17 | - | €586,480 | +€586,480 | |
| Financial debts | 170/4 | - | €586,480 | +€586,480 | |
| Amounts payable within one year | 42/48 | €174,910 | €98,953 | -€75,957 | -43.4% |
| Current portion of amounts payable after more than one year | 42 | - | €45,083 | +€45,083 | |
| Trade debts | 44 | €18,628 | €16,455 | -€2,173 | -11.7% |
| Suppliers | 440/4 | €18,628 | €16,455 | -€2,173 | -11.7% |
| Taxes, remuneration and social security | 45 | €6,081 | €2,901 | -€3,181 | -52.3% |
| Taxes | 450/3 | €6,081 | €2,901 | -€3,181 | -52.3% |
| Other amounts payable | 47/48 | €150,201 | €34,514 | -€115,687 | -77.0% |
| Accrued charges and deferred income | 492/3 | €4,475 | €6,450 | +€1,975 | +44.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,254 | €22,840 | -€414 | -1.8% |
| Other operating charges | 640/8 | €2,567 | €2,638 | +€70 | +2.7% |
| Non-recurring operating charges | 66A | - | €964 | +€964 | |
| Gross operating margin | 9900 | €37,900 | €70,041 | +€32,141 | +84.8% |
| Operating profit (loss) | 9901 | €12,079 | €43,599 | +€31,520 | +261% |
| Financial income | 75/76B | €5,010 | €2,040 | -€2,970 | -59.3% |
| Recurring financial income | 75 | €5,010 | €2,040 | -€2,970 | -59.3% |
| Financial charges | 65/66B | €147 | €12,412 | +€12,265 | +8,324% |
| Recurring financial charges | 65 | €147 | €12,412 | +€12,265 | +8,349% |
| Non-recurring financial charges | 66B | €0 | - | -€0 | |
| Profit (loss) for the period before taxes | 9903 | €16,942 | €33,227 | +€16,285 | +96.1% |
| Income taxes | 67/77 | - | €8,288 | +€8,288 | |
| Profit (loss) for the period | 9904 | €16,942 | €24,940 | +€7,998 | +47.2% |
| Profit (loss) for the period to be appropriated | 9905 | €16,942 | €24,940 | +€7,998 | +47.2% |
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 19 October 2026 via checked.be.