AKO CONSULTANCY: 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.
AKO CONSULTANCY
Largest movements
- Tangible fixed assets +€192,749
up €192,749 (+716.1%), from €26,917 to €219,667
of which Land and buildings: +€181,353
- Cash +€84,263
up €84,263 (+85.5%), from €98,522 to €182,784
mainly Debts after one year (+€222,051) and Other debts (+€116,188)
- Receivables within one year +€4,265
up €4,265 (+41.9%), from €10,178 to €14,443
of which Other amounts receivable: +€2,681
- Debts after one year +€222,051
up €222,051 (+2479.6%), from €8,955 to €231,006
- Other debts +€116,188
up €116,188 (+1829.4%), from €6,351 to €122,540
- Profit (loss) carried forward -€83,468
down €83,468 (-84.8%), from €98,397 to €14,928
- Tax, wage and social debts +€16,574
up €16,574 (+309.2%), from €5,360 to €21,935
- Current portion of long-term debt +€8,098
up €8,098 (+74.3%), from €10,903 to €19,001
- Gross operating margin +€27,106
up €27,106 (+32.6%), from €83,059 to €110,165
- Depreciation +€23,482
up €23,482 (+128.8%), from €18,227 to €41,709
- Financial charges +€2,253
up €2,253 (+252.7%), from €892 to €3,144
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 | €137,380 | €420,016 | +€282,637 | +205.7% |
| Fixed assets | 21/28 | €26,917 | €221,187 | +€194,269 | +721.7% |
| Intangible fixed assets | 21 | - | €1,520 | +€1,520 | |
| Tangible fixed assets | 22/27 | €26,917 | €219,667 | +€192,749 | +716.1% |
| Land and buildings | 22 | - | €181,353 | +€181,353 | |
| Furniture and vehicles | 24 | €25,232 | €36,817 | +€11,585 | +45.9% |
| Other tangible fixed assets | 26 | €1,685 | €1,496 | -€189 | -11.2% |
| Current assets | 29/58 | €110,462 | €198,830 | +€88,367 | +80.0% |
| Stocks and contracts in progress | 3 | €1,489 | €760 | -€729 | -48.9% |
| Stocks | 30/36 | €1,489 | €760 | -€729 | -48.9% |
| Amounts receivable within one year | 40/41 | €10,178 | €14,443 | +€4,265 | +41.9% |
| Trade receivables | 40 | €10,178 | €11,762 | +€1,584 | +15.6% |
| Other amounts receivable | 41 | - | €2,681 | +€2,681 | |
| Cash at bank and in hand | 54/58 | €98,522 | €182,784 | +€84,263 | +85.5% |
| Deferred charges and accrued income | 490/1 | €274 | €842 | +€568 | +207.7% |
| Total equity and liabilities | 10/49 | €137,380 | €420,016 | +€282,637 | +205.7% |
| Equity | 10/15 | €101,397 | €17,928 | -€83,468 | -82.3% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €98,397 | €14,928 | -€83,468 | -84.8% |
| Amounts payable | 17/49 | €35,983 | €402,088 | +€366,105 | +1017.4% |
| Amounts payable after more than one year | 17 | €8,955 | €231,006 | +€222,051 | +2479.6% |
| Financial debts | 170/4 | €8,955 | €231,006 | +€222,051 | +2479.6% |
| Amounts payable within one year | 42/48 | €27,028 | €171,082 | +€144,054 | +533.0% |
| Current portion of amounts payable after more than one year | 42 | €10,903 | €19,001 | +€8,098 | +74.3% |
| Trade debts | 44 | €4,414 | €7,606 | +€3,192 | +72.3% |
| Suppliers | 440/4 | €4,414 | €7,606 | +€3,192 | +72.3% |
| Taxes, remuneration and social security | 45 | €5,360 | €21,935 | +€16,574 | +309.2% |
| Taxes | 450/3 | €5,360 | €21,935 | +€16,574 | +309.2% |
| Other amounts payable | 47/48 | €6,351 | €122,540 | +€116,188 | +1829.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,227 | €41,709 | +€23,482 | +128.8% |
| Other operating charges | 640/8 | €336 | €881 | +€545 | +162.0% |
| Gross operating margin | 9900 | €83,059 | €110,165 | +€27,106 | +32.6% |
| Operating profit (loss) | 9901 | €64,495 | €67,575 | +€3,080 | +4.8% |
| Financial income | 75/76B | €108 | €215 | +€108 | +99.7% |
| Recurring financial income | 75 | €108 | €215 | +€108 | +99.7% |
| Financial charges | 65/66B | €892 | €3,144 | +€2,253 | +252.7% |
| Recurring financial charges | 65 | €892 | €3,144 | +€2,253 | +252.7% |
| Profit (loss) for the period before taxes | 9903 | €63,712 | €64,646 | +€934 | +1.5% |
| Income taxes | 67/77 | €13,244 | €12,820 | -€425 | -3.2% |
| Profit (loss) for the period | 9904 | €50,467 | €51,826 | +€1,359 | +2.7% |
| Profit (loss) for the period to be appropriated | 9905 | €50,467 | €51,826 | +€1,359 | +2.7% |
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 6 October 2026 via checked.be.