AKMA: 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.
AKMA
Largest movements
- Cash +€56,105
up €56,105 (+261%), from €21,459 to €77,564
mainly Other debts (+€22,195) and Net result for the year (+€17,545)
- Stocks and contracts -€9,877
down €9,877 (-25.9%), from €38,194 to €28,317
- Receivables within one year -€2,809
down €2,809 (-96.5%), from €2,912 to €103
of which Trade receivables: -€2,841
- Tangible fixed assets -€1,179
down €1,179 (-39.2%), from €3,009 to €1,830
of which Other tangible fixed assets: -€742
- Other debts +€22,195
up €22,195 (+47.4%), from €46,843 to €69,038
- Profit (loss) carried forward +€13,145
up €13,145, from -€13,046 to €99
- Tax, wage and social debts +€7,509
up €7,509 (+115%), from €6,507 to €14,017
of which Remuneration and social security: +€4,200
- Trade debts -€5,010
down €5,010 (-70.9%), from €7,068 to €2,059
- Reserves +€4,400
new in 2025: €4,400
- Gross operating margin +€7,131
up €7,131 (+50.8%), from €14,041 to €21,172
- Depreciation -€535
down €535 (-31.2%), from €1,714 to €1,179
- Other operating charges -€456
down €456 (-46.9%), from €971 to €515
- Taxes +€440
new in 2025: €440
- Financial charges -€230
down €230 (-13.4%), from €1,723 to €1,493
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 | €67,573 | €109,813 | +€42,240 | +62.5% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €5,009 | €3,830 | -€1,179 | -23.5% |
| Tangible fixed assets | 22/27 | €3,009 | €1,830 | -€1,179 | -39.2% |
| Plant, machinery and equipment | 23 | €30 | €0 | -€30 | -100% |
| Furniture and vehicles | 24 | €816 | €409 | -€407 | -49.9% |
| Other tangible fixed assets | 26 | €2,162 | €1,420 | -€742 | -34.3% |
| Financial fixed assets | 28 | €2,000 | €2,000 | = | 0.0% |
| Current assets | 29/58 | €62,565 | €105,983 | +€43,418 | +69.4% |
| Stocks and contracts in progress | 3 | €38,194 | €28,317 | -€9,877 | -25.9% |
| Stocks | 30/36 | €38,194 | €28,317 | -€9,877 | -25.9% |
| Amounts receivable within one year | 40/41 | €2,912 | €103 | -€2,809 | -96.5% |
| Trade receivables | 40 | €2,841 | - | -€2,841 | |
| Other amounts receivable | 41 | €70 | €103 | +€32 | +46.1% |
| Cash at bank and in hand | 54/58 | €21,459 | €77,564 | +€56,105 | +261% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €67,573 | €109,813 | +€42,240 | +62.5% |
| Equity | 10/15 | €5,554 | €23,099 | +€17,545 | +316% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | - | -€18,600 | |
| Other | 1109/19 | €18,600 | - | -€18,600 | |
| Reserves | 13 | - | €4,400 | +€4,400 | |
| Distributable reserves | 133 | - | €4,400 | +€4,400 | |
| Profit (loss) carried forward | 14 | -€13,046 | €99 | +€13,145 | |
| Amounts payable | 17/49 | €62,019 | €86,714 | +€24,695 | +39.8% |
| Amounts payable after more than one year | 17 | €1,600 | €1,600 | = | 0.0% |
| Other amounts payable | 178/9 | €1,600 | €1,600 | = | 0.0% |
| Amounts payable within one year | 42/48 | €60,419 | €85,114 | +€24,695 | +40.9% |
| Trade debts | 44 | €7,068 | €2,059 | -€5,010 | -70.9% |
| Suppliers | 440/4 | €7,068 | €2,059 | -€5,010 | -70.9% |
| Taxes, remuneration and social security | 45 | €6,507 | €14,017 | +€7,509 | +115% |
| Taxes | 450/3 | €4,107 | €7,417 | +€3,309 | +80.6% |
| Remuneration and social security | 454/9 | €2,400 | €6,600 | +€4,200 | +175% |
| Other amounts payable | 47/48 | €46,843 | €69,038 | +€22,195 | +47.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,714 | €1,179 | -€535 | -31.2% |
| Other operating charges | 640/8 | €971 | €515 | -€456 | -46.9% |
| Gross operating margin | 9900 | €14,041 | €21,172 | +€7,131 | +50.8% |
| Operating profit (loss) | 9901 | €11,356 | €19,478 | +€8,122 | +71.5% |
| Financial income | 75/76B | €0 | €0 | = | |
| Recurring financial income | 75 | €0 | €0 | = | |
| Financial charges | 65/66B | €1,723 | €1,493 | -€230 | -13.4% |
| Recurring financial charges | 65 | €1,723 | €1,493 | -€230 | -13.4% |
| Profit (loss) for the period before taxes | 9903 | €9,632 | €17,985 | +€8,352 | +86.7% |
| Income taxes | 67/77 | - | €440 | +€440 | |
| Profit (loss) for the period | 9904 | €9,632 | €17,545 | +€7,912 | +82.1% |
| Profit (loss) for the period to be appropriated | 9905 | €9,632 | €17,545 | +€7,912 | +82.1% |
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 14 October 2026 via checked.be.