AKOENA: 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.
What changed
AKOENA
NACE 47.110, Non-specialised retail sale with food, beverages or tobacco predominating
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€197,493
2024 · -€65,550-€131,944
Equity
€98,008
2024 · €295,502-€197,493
Cash
€118,222
2024 · €123,231-€5,009
Balance sheet total
€1.2m
2024 · €1.2m-€62,047
Largest movements
Assets
- Tangible fixed assets -€50,212
down €50,212 (-11.5%), from €435,108 to €384,896
of which Other tangible fixed assets: -€75,958
Equity and liabilities
- Profit (loss) carried forward -€197,493
down €197,493 (-67.2%), from €293,752 to €96,258
- Trade debts +€176,748
up €176,748 (+33.0%), from €536,168 to €712,916
- Debts after one year -€49,368
down €49,368 (-22.9%), from €215,187 to €165,819
Income statement
- Gross operating margin -€177,220
down €177,220 (-40.5%), from €437,242 to €260,022
- Staff costs -€55,776
down €55,776 (-15.3%), from €365,474 to €309,698
- Financial income -€11,572
down €11,572 (-92.0%), from €12,581 to €1,009
- Financial charges +€5,644
up €5,644 (+38.4%), from €14,699 to €20,343
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.
Result 2024
-€65,550
Gross operating margin
-€177,220
Staff costs
+€55,776
Depreciation
+€994
Other operating charges
-€741
Other operating items
+€6,670
Financial income
-€11,572
Financial charges
-€5,644
Taxes
-€207
Result 2025
-€197,493
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.
From operations
+€110,282
Investment
-€75,663
Financing
-€39,628
Cash 2024
€123,231
From operations (derived)
+€110,282
Net result for the year
-€197,493
Depreciation
+€125,875
Receivables within one year
+€7,280
Smaller working-capital items
+€18
Trade debts
+€176,748
Tax, wage and social debts
-€2,145
Investment (derived)
-€75,663
Investment in fixed assets (net)
-€75,663
Financing
-€39,628
Debts after one year
-€49,368
Current portion of long-term debt
+€9,740
Cash 2025
€118,222
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,222,914 | €1,160,867 | -€62,047 | -5.1% |
| Fixed assets | 21/28 | €435,158 | €384,946 | -€50,212 | -11.5% |
| Tangible fixed assets | 22/27 | €435,108 | €384,896 | -€50,212 | -11.5% |
| Plant, machinery and equipment | 23 | €79,344 | €64,036 | -€15,308 | -19.3% |
| Furniture and vehicles | 24 | €13,000 | €8,634 | -€4,366 | -33.6% |
| Leasing and similar rights | 25 | €20,835 | €66,255 | +€45,420 | +218.0% |
| Other tangible fixed assets | 26 | €321,929 | €245,971 | -€75,958 | -23.6% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €787,756 | €775,921 | -€11,835 | -1.5% |
| Stocks and contracts in progress | 3 | €389,333 | €389,333 | = | 0.0% |
| Stocks | 30/36 | €389,333 | €389,333 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €265,402 | €258,122 | -€7,280 | -2.7% |
| Trade receivables | 40 | €39,878 | €33,676 | -€6,202 | -15.6% |
| Other amounts receivable | 41 | €225,524 | €224,446 | -€1,078 | -0.5% |
| Cash at bank and in hand | 54/58 | €123,231 | €118,222 | -€5,009 | -4.1% |
| Deferred charges and accrued income | 490/1 | €9,791 | €10,243 | +€453 | +4.6% |
| Total equity and liabilities | 10/49 | €1,222,914 | €1,160,867 | -€62,047 | -5.1% |
| Equity | 10/15 | €295,502 | €98,008 | -€197,493 | -66.8% |
| Contributions | 10/11 | €1,750 | €1,750 | = | 0.0% |
| Profit (loss) carried forward | 14 | €293,752 | €96,258 | -€197,493 | -67.2% |
| Amounts payable | 17/49 | €927,412 | €1,062,858 | +€135,446 | +14.6% |
| Amounts payable after more than one year | 17 | €215,187 | €165,819 | -€49,368 | -22.9% |
| Financial debts | 170/4 | €215,187 | €165,819 | -€49,368 | -22.9% |
| Amounts payable within one year | 42/48 | €712,225 | €897,039 | +€184,814 | +25.9% |
| Current portion of amounts payable after more than one year | 42 | €86,687 | €96,427 | +€9,740 | +11.2% |
| Trade debts | 44 | €536,168 | €712,916 | +€176,748 | +33.0% |
| Suppliers | 440/4 | €536,168 | €712,916 | +€176,748 | +33.0% |
| Taxes, remuneration and social security | 45 | €61,254 | €59,109 | -€2,145 | -3.5% |
| Taxes | 450/3 | €9 | €130 | +€121 | +1367.3% |
| Remuneration and social security | 454/9 | €61,245 | €58,979 | -€2,266 | -3.7% |
| Other amounts payable | 47/48 | €28,116 | €28,587 | +€471 | +1.7% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | €0 | €6,033 | +€6,033 | |
| Remuneration, social security and pensions | 62 | €365,474 | €309,698 | -€55,776 | -15.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €126,869 | €125,875 | -€994 | -0.8% |
| Other operating charges | 640/8 | €1,777 | €2,517 | +€741 | +41.7% |
| Non-recurring operating charges | 66A | €6,670 | €0 | -€6,670 | -100.0% |
| Gross operating margin | 9900 | €437,242 | €260,022 | -€177,220 | -40.5% |
| Operating profit (loss) | 9901 | -€63,548 | -€178,069 | -€114,521 | -180.2% |
| Financial income | 75/76B | €12,581 | €1,009 | -€11,572 | -92.0% |
| Recurring financial income | 75 | €12,581 | €1,009 | -€11,572 | -92.0% |
| Financial charges | 65/66B | €14,699 | €20,343 | +€5,644 | +38.4% |
| Recurring financial charges | 65 | €14,699 | €20,343 | +€5,644 | +38.4% |
| Profit (loss) for the period before taxes | 9903 | -€65,666 | -€197,402 | -€131,737 | -200.6% |
| Income taxes | 67/77 | -€116 | €91 | +€207 | |
| Profit (loss) for the period | 9904 | -€65,550 | -€197,493 | -€131,944 | -201.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€65,550 | -€197,493 | -€131,944 | -201.3% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.