AKOSTAR: 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.
What changed
AKOSTAR
NACE 46.861, Wholesale of diamonds and other precious stones
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€1.7m
2024 · €2.0m-€314,299
Equity
€4.0m
2024 · €2.3m+€1.7m
Cash
€3.0m
2024 · €1.3m+€1.7m
Balance sheet total
€9.2m
2024 · €10.0m-€800,592
Largest movements
Assets
- Stocks and contracts -€2.3m
down €2.3m (-31.2%), from €7.5m to €5.1m
- Cash +€1.7m
up €1.7m (+137.9%), from €1.3m to €3.0m
mainly Stocks and contracts (+€2.3m) and Net result for the year (+€1.7m)
- Receivables within one year -€164,855
down €164,855 (-17.2%), from €956,734 to €791,879
of which Trade receivables: -€165,576
Equity and liabilities
- Trade debts -€2.9m
down €2.9m (-38.6%), from €7.4m to €4.6m
- Reserves +€1.7m
up €1.7m (+72.8%), from €2.3m to €4.0m
- Debts after one year +€416,320
up €416,320 (+299.3%), from €139,103 to €555,423
Income statement
- Goods and materials +€1.1m
up €1.1m (+8.9%), from €12.5m to €13.6m
of which Change in stocks: decrease (increase): +€1.3m
- Turnover +€778,890
up €778,890 (+5.1%), from €15.3m to €16.1m
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
€2.0m
Turnover
+€778,890
Other operating income
+€7,572
Goods and materials
-€1.1m
Services and other goods
-€1,445
Staff costs
-€1,243
Depreciation
+€3,689
Other operating charges
-€593
Other operating items
-€4,728
Financial income
+€5,552
Financial charges
+€17,419
Taxes
-€4,742
Result 2025
€1.7m
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
+€1.3m
Investment
+€24,793
Financing
+€416,320
Cash 2024
€1.3m
From operations (derived)
+€1.3m
Net result for the year
+€1.7m
Depreciation
+€13,829
Stocks and contracts
+€2.3m
Receivables within one year
+€164,855
Smaller working-capital items
-€555
Trade debts
-€2.9m
Tax, wage and social debts
-€38,558
Investment (derived)
+€24,793
Investment in fixed assets (net)
+€24,793
Financing
+€416,320
Debts after one year
+€416,320
Cash 2025
€3.0m
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €9,982,006 | €9,181,415 | -€800,592 | -8.0% |
| Fixed assets | 21/28 | €296,409 | €257,787 | -€38,622 | -13.0% |
| Intangible fixed assets | 21 | €1,514 | €914 | -€600 | -39.6% |
| Tangible fixed assets | 22/27 | €294,495 | €256,473 | -€38,022 | -12.9% |
| Land and buildings | 22 | €231,820 | €226,072 | -€5,748 | -2.5% |
| Plant, machinery and equipment | 23 | €36,544 | €29,617 | -€6,928 | -19.0% |
| Furniture and vehicles | 24 | €26,131 | €785 | -€25,347 | -97.0% |
| Financial fixed assets | 28 | €400 | €400 | = | 0.0% |
| Other financial fixed assets | 284/8 | €400 | €400 | = | 0.0% |
| Shares | 284 | €400 | €400 | = | 0.0% |
| Current assets | 29/58 | €9,685,597 | €8,923,627 | -€761,970 | -7.9% |
| Stocks and contracts in progress | 3 | €7,459,521 | €5,130,394 | -€2.3m | -31.2% |
| Stocks | 30/36 | €7,459,521 | €5,130,394 | -€2.3m | -31.2% |
| Goods purchased for resale | 34 | €7,459,521 | €5,130,394 | -€2.3m | -31.2% |
| Amounts receivable within one year | 40/41 | €956,734 | €791,879 | -€164,855 | -17.2% |
| Trade receivables | 40 | €948,099 | €782,523 | -€165,576 | -17.5% |
| Other amounts receivable | 41 | €8,635 | €9,356 | +€721 | +8.4% |
| Cash at bank and in hand | 54/58 | €1,256,041 | €2,987,595 | +€1.7m | +137.9% |
| Deferred charges and accrued income | 490/1 | €13,301 | €13,760 | +€458 | +3.4% |
| Total equity and liabilities | 10/49 | €9,982,006 | €9,181,415 | -€800,592 | -8.0% |
| Equity | 10/15 | €2,345,635 | €4,039,445 | +€1.7m | +72.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €2,327,035 | €4,020,845 | +€1.7m | +72.8% |
| Distributable reserves | 133 | €2,327,035 | €4,020,845 | +€1.7m | +72.8% |
| Amounts payable | 17/49 | €7,636,371 | €5,141,970 | -€2.5m | -32.7% |
| Amounts payable after more than one year | 17 | €139,103 | €555,423 | +€416,320 | +299.3% |
| Other amounts payable | 178/9 | €139,103 | €555,423 | +€416,320 | +299.3% |
| Amounts payable within one year | 42/48 | €7,496,928 | €4,586,303 | -€2.9m | -38.8% |
| Trade debts | 44 | €7,433,560 | €4,561,493 | -€2.9m | -38.6% |
| Suppliers | 440/4 | €7,433,560 | €4,561,493 | -€2.9m | -38.6% |
| Taxes, remuneration and social security | 45 | €63,368 | €24,810 | -€38,558 | -60.8% |
| Taxes | 450/3 | €43,150 | €6,581 | -€36,568 | -84.7% |
| Remuneration and social security | 454/9 | €20,218 | €18,229 | -€1,989 | -9.8% |
| Accrued charges and deferred income | 492/3 | €340 | €244 | -€96 | -28.3% |
| Operating income | 70/76A | €15,350,444 | €16,132,178 | +€781,734 | +5.1% |
| Turnover | 70 | €15,339,367 | €16,118,257 | +€778,890 | +5.1% |
| Other operating income | 74 | €6,349 | €13,921 | +€7,572 | +119.3% |
| Non-recurring operating income | 76A | €4,728 | - | -€4,728 | |
| Operating charges | 60/66A | €12,827,844 | €13,942,106 | +€1.1m | +8.7% |
| Goods for resale, raw materials and consumables | 60 | €12,466,623 | €13,581,293 | +€1.1m | +8.9% |
| Purchases | 600/8 | €11,458,841 | €11,252,166 | -€206,675 | -1.8% |
| Change in stocks: decrease (increase) | 609 | €1,007,782 | €2,329,127 | +€1.3m | +131.1% |
| Services and other goods | 61 | €214,829 | €216,274 | +€1,445 | +0.7% |
| Remuneration, social security and pensions | 62 | €123,159 | €124,403 | +€1,243 | +1.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,518 | €13,829 | -€3,689 | -21.1% |
| Other operating charges | 640/8 | €5,715 | €6,308 | +€593 | +10.4% |
| Operating profit (loss) | 9901 | €2,522,600 | €2,190,072 | -€332,528 | -13.2% |
| Financial income | 75/76B | €2,640 | €8,191 | +€5,552 | +210.3% |
| Recurring financial income | 75 | €2,640 | €8,191 | +€5,552 | +210.3% |
| Other financial income | 752/9 | €2,640 | €8,191 | +€5,552 | +210.3% |
| Financial charges | 65/66B | €484,982 | €467,563 | -€17,419 | -3.6% |
| Recurring financial charges | 65 | €484,982 | €467,563 | -€17,419 | -3.6% |
| Debt charges | 650 | €480,574 | €463,683 | -€16,891 | -3.5% |
| Other financial charges | 652/9 | €4,408 | €3,880 | -€528 | -12.0% |
| Profit (loss) for the period before taxes | 9903 | €2,040,258 | €1,730,701 | -€309,557 | -15.2% |
| Income taxes | 67/77 | €32,149 | €36,891 | +€4,742 | +14.8% |
| Taxes | 670/3 | €32,149 | €36,891 | +€4,742 | +14.8% |
| Profit (loss) for the period | 9904 | €2,008,109 | €1,693,809 | -€314,299 | -15.7% |
| Profit (loss) for the period to be appropriated | 9905 | €2,008,109 | €1,693,809 | -€314,299 | -15.7% |
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 9 October 2026 via checked.be.