AKMARATHON: what changed
Two fiscal 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.
AKMARATHON
Largest movements
- Receivables within one year -€21,586
no longer reported in 2024 (was €21,586)
of which Other amounts receivable: -€14,290
- Intangible fixed assets -€8,500
down €8,500 (-13.5%), from €63,042 to €54,542
- Cash -€3,294
no longer reported in 2024 (was €3,294)
mainly Net result for the year (-€57,132) and Investment in fixed assets (net) (-€14,531)
- Profit (loss) carried forward -€57,131
down €57,131 (-333.2%), from -€17,148 to -€74,279
- Debts after one year +€7,990
up €7,990 (+6.3%), from €127,691 to €135,681
- Current portion of long-term debt +€5,311
up €5,311 (+24.7%), from €21,523 to €26,834
- Other debts +€4,995
new in 2024: €4,995
- Short-term financial debts +€3,342
new in 2024: €3,342
- Gross operating margin -€36,598
down €36,598, from €12,986 to -€23,612
- Other operating charges +€1,675
up €1,675 (+174.8%), from €958 to €2,633
- Depreciation +€1,202
up €1,202 (+5.8%), from €20,673 to €21,875
- Financial charges -€556
down €556 (-5.0%), from €11,059 to €10,503
- Financial income -€409
down €409 (-21.5%), from €1,901 to €1,492
From the 2023 result to the 2024 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.
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €158,770 | €127,132 | -€31,638 | -19.9% |
| Fixed assets | 21/28 | €128,833 | €121,489 | -€7,344 | -5.7% |
| Intangible fixed assets | 21 | €63,042 | €54,542 | -€8,500 | -13.5% |
| Tangible fixed assets | 22/27 | €52,192 | €53,348 | +€1,156 | +2.2% |
| Furniture and vehicles | 24 | €461 | €337 | -€124 | -27.0% |
| Leasing and similar rights | 25 | €49,277 | €37,954 | -€11,323 | -23.0% |
| Other tangible fixed assets | 26 | €2,454 | €15,058 | +€12,604 | +513.6% |
| Financial fixed assets | 28 | €13,599 | €13,599 | = | 0.0% |
| Current assets | 29/58 | €29,937 | €5,643 | -€24,294 | -81.2% |
| Stocks and contracts in progress | 3 | €1,693 | €1,350 | -€343 | -20.2% |
| Stocks | 30/36 | €1,693 | €1,350 | -€343 | -20.2% |
| Amounts receivable within one year | 40/41 | €21,586 | - | -€21,586 | |
| Trade receivables | 40 | €7,296 | - | -€7,296 | |
| Other amounts receivable | 41 | €14,290 | - | -€14,290 | |
| Cash at bank and in hand | 54/58 | €3,294 | - | -€3,294 | |
| Deferred charges and accrued income | 490/1 | €3,364 | €4,293 | +€929 | +27.6% |
| Total equity and liabilities | 10/49 | €158,770 | €127,132 | -€31,638 | -19.9% |
| Equity | 10/15 | -€5,176 | -€63,432 | -€58,256 | -1125.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€17,148 | -€74,279 | -€57,131 | -333.2% |
| Investment grants | 15 | €5,772 | €4,648 | -€1,124 | -19.5% |
| Amounts payable | 17/49 | €163,946 | €190,564 | +€26,618 | +16.2% |
| Amounts payable after more than one year | 17 | €127,691 | €135,681 | +€7,990 | +6.3% |
| Financial debts | 170/4 | €127,691 | €135,681 | +€7,990 | +6.3% |
| Amounts payable within one year | 42/48 | €36,255 | €54,327 | +€18,072 | +49.8% |
| Current portion of amounts payable after more than one year | 42 | €21,523 | €26,834 | +€5,311 | +24.7% |
| Financial debts | 43 | - | €3,342 | +€3,342 | |
| Credit institutions | 430/8 | - | €3,342 | +€3,342 | |
| Trade debts | 44 | €6,362 | €8,153 | +€1,791 | +28.2% |
| Suppliers | 440/4 | €6,362 | €8,153 | +€1,791 | +28.2% |
| Advances received on contracts in progress | 46 | €879 | €879 | -€0 | 0.0% |
| Taxes, remuneration and social security | 45 | €7,491 | €10,125 | +€2,634 | +35.2% |
| Taxes | 450/3 | €4,611 | €3,778 | -€833 | -18.1% |
| Remuneration and social security | 454/9 | €2,880 | €6,347 | +€3,467 | +120.4% |
| Other amounts payable | 47/48 | - | €4,995 | +€4,995 | |
| Accrued charges and deferred income | 492/3 | - | €556 | +€556 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,673 | €21,875 | +€1,202 | +5.8% |
| Other operating charges | 640/8 | €958 | €2,633 | +€1,675 | +174.8% |
| Gross operating margin | 9900 | €12,986 | -€23,612 | -€36,598 | |
| Operating profit (loss) | 9901 | -€8,645 | -€48,120 | -€39,475 | -456.6% |
| Financial income | 75/76B | €1,901 | €1,492 | -€409 | -21.5% |
| Recurring financial income | 75 | €1,901 | €1,492 | -€409 | -21.5% |
| Financial charges | 65/66B | €11,059 | €10,503 | -€556 | -5.0% |
| Recurring financial charges | 65 | €11,059 | €10,503 | -€556 | -5.0% |
| Profit (loss) for the period before taxes | 9903 | -€17,803 | -€57,132 | -€39,329 | -220.9% |
| Income taxes | 67/77 | €126 | - | -€126 | |
| Profit (loss) for the period | 9904 | -€17,929 | -€57,132 | -€39,203 | -218.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€17,929 | -€57,132 | -€39,203 | -218.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.