AKMAZ: 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.
AKMAZ
Largest movements
- Receivables within one year +€54,328
up €54,328 (+91.8%), from €59,190 to €113,518
of which Trade receivables: +€53,675
- Tangible fixed assets -€43,490
down €43,490 (-65.8%), from €66,092 to €22,602
of which Furniture and vehicles: -€43,490
- Cash -€1,727
down €1,727 (-72.9%), from €2,370 to €643
mainly Receivables within one year (-€54,328) and Debts after one year (-€506)
- Current portion of long-term debt +€4,381
up €4,381 (+42.1%), from €10,407 to €14,788
- Tax, wage and social debts +€2,878
up €2,878 (+38.0%), from €7,583 to €10,461
- Trade debts +€2,081
up €2,081 (+195%), from €1,066 to €3,147
- Gross operating margin +€41,395
up €41,395 (+389%), from €10,632 to €52,027
- Taxes +€8,173
up €8,173 (+712%), from €1,147 to €9,321
- Financial charges -€1,368
down €1,368 (-81.4%), from €1,681 to €313
- Depreciation +€1,134
up €1,134 (+17.7%), from €6,400 to €7,534
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 | €127,653 | €136,763 | +€9,111 | +7.1% |
| Fixed assets | 21/28 | €66,092 | €22,602 | -€43,490 | -65.8% |
| Tangible fixed assets | 22/27 | €66,092 | €22,602 | -€43,490 | -65.8% |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €66,092 | €22,602 | -€43,490 | -65.8% |
| Current assets | 29/58 | €61,560 | €114,161 | +€52,601 | +85.4% |
| Amounts receivable within one year | 40/41 | €59,190 | €113,518 | +€54,328 | +91.8% |
| Trade receivables | 40 | €13,902 | €67,577 | +€53,675 | +386% |
| Other amounts receivable | 41 | €45,288 | €45,941 | +€653 | +1.4% |
| Cash at bank and in hand | 54/58 | €2,370 | €643 | -€1,727 | -72.9% |
| Total equity and liabilities | 10/49 | €127,653 | €136,763 | +€9,111 | +7.1% |
| Equity | 10/15 | €60,569 | €60,846 | +€276 | +0.5% |
| Contributions | 10/11 | €9,400 | €9,400 | = | 0.0% |
| Reserves | 13 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €49,169 | €49,446 | +€276 | +0.6% |
| Amounts payable | 17/49 | €67,083 | €75,918 | +€8,834 | +13.2% |
| Amounts payable after more than one year | 17 | €48,028 | €47,522 | -€506 | -1.1% |
| Financial debts | 170/4 | €48,028 | €47,522 | -€506 | -1.1% |
| Amounts payable within one year | 42/48 | €19,055 | €28,396 | +€9,340 | +49.0% |
| Current portion of amounts payable after more than one year | 42 | €10,407 | €14,788 | +€4,381 | +42.1% |
| Trade debts | 44 | €1,066 | €3,147 | +€2,081 | +195% |
| Suppliers | 440/4 | €1,066 | €3,147 | +€2,081 | +195% |
| Taxes, remuneration and social security | 45 | €7,583 | €10,461 | +€2,878 | +38.0% |
| Taxes | 450/3 | €7,583 | €10,461 | +€2,878 | +38.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,400 | €7,534 | +€1,134 | +17.7% |
| Other operating charges | 640/8 | €1,575 | €1,241 | -€334 | -21.2% |
| Non-recurring operating charges | 66A | - | €33,342 | +€33,342 | |
| Gross operating margin | 9900 | €10,632 | €52,027 | +€41,395 | +389% |
| Operating profit (loss) | 9901 | €2,658 | €9,910 | +€7,252 | +273% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €1,681 | €313 | -€1,368 | -81.4% |
| Recurring financial charges | 65 | €1,681 | €313 | -€1,368 | -81.4% |
| Profit (loss) for the period before taxes | 9903 | €977 | €9,597 | +€8,620 | +883% |
| Income taxes | 67/77 | €1,147 | €9,321 | +€8,173 | +712% |
| Profit (loss) for the period | 9904 | -€171 | €276 | +€447 | |
| Profit (loss) for the period to be appropriated | 9905 | -€171 | €276 | +€447 |
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 20 October 2026 via checked.be.