AKOPI: 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.
AKOPI
Largest movements
- Cash +€191,492
up €191,492 (+306.9%), from €62,404 to €253,896
mainly Other debts (+€273,905) and Net result for the year (+€149,019)
- Current investments -€127,625
down €127,625 (-51.1%), from €250,000 to €122,375
- Financial fixed assets +€71,140
up €71,140 (+9.2%), from €773,521 to €844,661
- Receivables within one year +€59,534
up €59,534 (+35.5%), from €167,923 to €227,457
of which Trade receivables: +€91,192
- Tangible fixed assets -€44,223
down €44,223 (-11.3%), from €392,859 to €348,636
of which Land and buildings: -€31,202
- Other debts +€273,905
up €273,905 (+2252.3%), from €12,161 to €286,066
- Reserves -€139,647
down €139,647 (-24.3%), from €574,882 to €435,235
of which Distributable reserves: -€137,787
- Tax, wage and social debts +€69,800
up €69,800 (+73.2%), from €95,350 to €165,149
of which Taxes: +€50,324
- Trade debts -€55,583
down €55,583 (-47.2%), from €117,803 to €62,219
- Gross operating margin +€125,742
up €125,742 (+22.0%), from €571,909 to €697,651
- Staff costs +€56,799
up €56,799 (+16.3%), from €348,256 to €405,055
- Financial income -€31,768
down €31,768 (-59.7%), from €53,191 to €21,423
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 | €1,688,183 | €1,836,657 | +€148,474 | +8.8% |
| Fixed assets | 21/28 | €1,166,380 | €1,193,297 | +€26,917 | +2.3% |
| Tangible fixed assets | 22/27 | €392,859 | €348,636 | -€44,223 | -11.3% |
| Land and buildings | 22 | €179,919 | €148,717 | -€31,202 | -17.3% |
| Plant, machinery and equipment | 23 | €144,820 | €121,096 | -€23,725 | -16.4% |
| Furniture and vehicles | 24 | €68,120 | €78,824 | +€10,704 | +15.7% |
| Financial fixed assets | 28 | €773,521 | €844,661 | +€71,140 | +9.2% |
| Current assets | 29/58 | €521,803 | €643,360 | +€121,557 | +23.3% |
| Stocks and contracts in progress | 3 | €36,286 | €36,286 | = | 0.0% |
| Stocks | 30/36 | €36,286 | €36,286 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €167,923 | €227,457 | +€59,534 | +35.5% |
| Trade receivables | 40 | €104,813 | €196,005 | +€91,192 | +87.0% |
| Other amounts receivable | 41 | €63,110 | €31,452 | -€31,658 | -50.2% |
| Current investments | 50/53 | €250,000 | €122,375 | -€127,625 | -51.1% |
| Cash at bank and in hand | 54/58 | €62,404 | €253,896 | +€191,492 | +306.9% |
| Deferred charges and accrued income | 490/1 | €5,191 | €3,347 | -€1,844 | -35.5% |
| Total equity and liabilities | 10/49 | €1,688,183 | €1,836,657 | +€148,474 | +8.8% |
| Equity | 10/15 | €1,462,869 | €1,323,222 | -€139,647 | -9.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €574,882 | €435,235 | -€139,647 | -24.3% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Tax-exempt reserves | 132 | €65,156 | €65,156 | = | 0.0% |
| Distributable reserves | 133 | €507,866 | €370,079 | -€137,787 | -27.1% |
| Profit (loss) carried forward | 14 | €869,388 | €869,388 | = | 0.0% |
| Amounts payable | 17/49 | €225,313 | €513,435 | +€288,121 | +127.9% |
| Amounts payable within one year | 42/48 | €225,313 | €513,435 | +€288,121 | +127.9% |
| Trade debts | 44 | €117,803 | €62,219 | -€55,583 | -47.2% |
| Suppliers | 440/4 | €117,803 | €62,219 | -€55,583 | -47.2% |
| Taxes, remuneration and social security | 45 | €95,350 | €165,149 | +€69,800 | +73.2% |
| Taxes | 450/3 | €38,315 | €88,639 | +€50,324 | +131.3% |
| Remuneration and social security | 454/9 | €57,035 | €76,510 | +€19,475 | +34.1% |
| Other amounts payable | 47/48 | €12,161 | €286,066 | +€273,905 | +2252.3% |
| Remuneration, social security and pensions | 62 | €348,256 | €405,055 | +€56,799 | +16.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €92,248 | €94,305 | +€2,057 | +2.2% |
| Other operating charges | 640/8 | €1,636 | €1,809 | +€173 | +10.6% |
| Gross operating margin | 9900 | €571,909 | €697,651 | +€125,742 | +22.0% |
| Operating profit (loss) | 9901 | €129,769 | €196,482 | +€66,712 | +51.4% |
| Financial income | 75/76B | €53,191 | €21,423 | -€31,768 | -59.7% |
| Recurring financial income | 75 | €53,191 | €21,423 | -€31,768 | -59.7% |
| Financial charges | 65/66B | €8,295 | €9,522 | +€1,227 | +14.8% |
| Recurring financial charges | 65 | €8,295 | €9,522 | +€1,227 | +14.8% |
| Profit (loss) for the period before taxes | 9903 | €174,665 | €208,383 | +€33,718 | +19.3% |
| Income taxes | 67/77 | €53,224 | €59,363 | +€6,140 | +11.5% |
| Profit (loss) for the period | 9904 | €121,442 | €149,019 | +€27,578 | +22.7% |
| Profit (loss) for the period to be appropriated | 9905 | €121,442 | €149,019 | +€27,578 | +22.7% |
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 12 October 2026 via checked.be.