AKMC: 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.
AKMC
Largest movements
- Intangible fixed assets -€18,679
no longer reported in 2025 (was €18,679)
- Cash +€699
up €699 (+7.5%), from €9,268 to €9,967
mainly Depreciation (+€18,679) and Tax, wage and social debts (+€1,605)
- Reserves -€13,381
down €13,381 (-87.8%), from €15,241 to €1,860
of which Distributable reserves: -€13,381
- Other debts -€5,843
down €5,843 (-41.7%), from €14,002 to €8,159
- Tax, wage and social debts +€1,605
up €1,605 (+66.1%), from €2,428 to €4,033
- Depreciation -€2,559
down €2,559 (-12.0%), from €21,237 to €18,679
- Gross operating margin +€1,330
up €1,330 (+18.6%), from €7,149 to €8,480
- Taxes +€953
up €953 (+97.5%), from €977 to €1,930
- Other operating charges +€423
up €423 (+39.1%), from €1,082 to €1,505
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.
Cash bridge derived
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 | €50,271 | €32,440 | -€17,831 | -35.5% |
| Fixed assets | 21/28 | €40,989 | €22,310 | -€18,679 | -45.6% |
| Intangible fixed assets | 21 | €18,679 | - | -€18,679 | |
| Tangible fixed assets | 22/27 | €22,310 | €22,310 | = | 0.0% |
| Land and buildings | 22 | €22,310 | €22,310 | = | 0.0% |
| Current assets | 29/58 | €9,282 | €10,130 | +€848 | +9.1% |
| Amounts receivable within one year | 40/41 | €14 | €162 | +€149 | +1101.8% |
| Trade receivables | 40 | €14 | €162 | +€149 | +1101.8% |
| Cash at bank and in hand | 54/58 | €9,268 | €9,967 | +€699 | +7.5% |
| Total equity and liabilities | 10/49 | €50,271 | €32,440 | -€17,831 | -35.5% |
| Equity | 10/15 | €33,841 | €20,187 | -€13,654 | -40.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | - | €18,600 | +€18,600 | |
| Issued capital | 100 | - | €18,600 | +€18,600 | |
| Reserves | 13 | €15,241 | €1,860 | -€13,381 | -87.8% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | - | €1,860 | +€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | €13,381 | - | -€13,381 | |
| Profit (loss) carried forward | 14 | - | -€273 | -€273 | |
| Amounts payable | 17/49 | €16,430 | €12,253 | -€4,176 | -25.4% |
| Amounts payable within one year | 42/48 | €16,430 | €12,253 | -€4,176 | -25.4% |
| Trade debts | 44 | - | €62 | +€62 | |
| Suppliers | 440/4 | - | €62 | +€62 | |
| Taxes, remuneration and social security | 45 | €2,428 | €4,033 | +€1,605 | +66.1% |
| Taxes | 450/3 | €2,428 | €4,033 | +€1,605 | +66.1% |
| Other amounts payable | 47/48 | €14,002 | €8,159 | -€5,843 | -41.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,237 | €18,679 | -€2,559 | -12.0% |
| Other operating charges | 640/8 | €1,082 | €1,505 | +€423 | +39.1% |
| Gross operating margin | 9900 | €7,149 | €8,480 | +€1,330 | +18.6% |
| Operating profit (loss) | 9901 | -€15,169 | -€11,704 | +€3,466 | +22.8% |
| Financial charges | 65/66B | €69 | €21 | -€48 | -69.8% |
| Recurring financial charges | 65 | €69 | €21 | -€48 | -69.8% |
| Profit (loss) for the period before taxes | 9903 | -€15,238 | -€11,724 | +€3,514 | +23.1% |
| Income taxes | 67/77 | €977 | €1,930 | +€953 | +97.5% |
| Profit (loss) for the period | 9904 | -€16,216 | -€13,654 | +€2,561 | +15.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€16,216 | -€13,654 | +€2,561 | +15.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.