AKRETIO: 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.
AKRETIO
Largest movements
- Cash -€81,635
down €81,635 (-78.7%), from €103,676 to €22,040
mainly Other debts (-€145,105) and Debts after one year (-€102,129)
- Tangible fixed assets -€19,681
down €19,681 (-26.2%), from €75,231 to €55,550
of which Plant, machinery and equipment: -€15,773
- Other debts -€145,105
down €145,105 (-42.7%), from €339,570 to €194,465
- Reserves +€102,466
up €102,466 (+56.7%), from €180,679 to €283,145
of which Distributable reserves: +€102,466
- Debts after one year -€102,129
down €102,129 (-15.4%), from €661,401 to €559,272
of which Financial debts: -€102,129
- Tax, wage and social debts +€50,664
up €50,664 (+224.9%), from €22,525 to €73,188
- Gross operating margin +€64,140
up €64,140 (+47.9%), from €133,850 to €197,989
- Taxes +€26,012
up €26,012 (+83.3%), from €31,214 to €57,226
- Financial income -€10,261
down €10,261 (-25.5%), from €40,263 to €30,002
- Other operating charges -€5,613
down €5,613 (-80.8%), from €6,948 to €1,335
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 | €1,348,627 | €1,244,272 | -€104,355 | -7.7% |
| Fixed assets | 21/28 | €1,191,926 | €1,172,245 | -€19,681 | -1.7% |
| Tangible fixed assets | 22/27 | €75,231 | €55,550 | -€19,681 | -26.2% |
| Plant, machinery and equipment | 23 | €69,128 | €53,355 | -€15,773 | -22.8% |
| Furniture and vehicles | 24 | €6,103 | €2,195 | -€3,908 | -64.0% |
| Financial fixed assets | 28 | €1,116,695 | €1,116,695 | = | 0.0% |
| Current assets | 29/58 | €156,701 | €72,027 | -€84,674 | -54.0% |
| Amounts receivable within one year | 40/41 | €2,645 | - | -€2,645 | |
| Trade receivables | 40 | €2,645 | - | -€2,645 | |
| Current investments | 50/53 | €43,152 | €43,143 | -€9 | 0.0% |
| Cash at bank and in hand | 54/58 | €103,676 | €22,040 | -€81,635 | -78.7% |
| Deferred charges and accrued income | 490/1 | €7,229 | €6,844 | -€385 | -5.3% |
| Total equity and liabilities | 10/49 | €1,348,627 | €1,244,272 | -€104,355 | -7.7% |
| Equity | 10/15 | €197,950 | €300,416 | +€102,466 | +51.8% |
| Contributions | 10/11 | €13,600 | €13,600 | = | 0.0% |
| Reserves | 13 | €180,679 | €283,145 | +€102,466 | +56.7% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €178,819 | €281,285 | +€102,466 | +57.3% |
| Profit (loss) carried forward | 14 | €3,672 | €3,672 | = | 0.0% |
| Amounts payable | 17/49 | €1,150,677 | €943,856 | -€206,821 | -18.0% |
| Amounts payable after more than one year | 17 | €661,401 | €559,272 | -€102,129 | -15.4% |
| Financial debts | 170/4 | €361,401 | €259,272 | -€102,129 | -28.3% |
| Other amounts payable | 178/9 | €300,000 | €300,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €489,276 | €384,584 | -€104,692 | -21.4% |
| Current portion of amounts payable after more than one year | 42 | €112,294 | €102,129 | -€10,166 | -9.1% |
| Financial debts | 43 | €11,846 | €14,351 | +€2,505 | +21.1% |
| Credit institutions | 430/8 | €11,846 | €14,351 | +€2,505 | +21.1% |
| Trade debts | 44 | €2,799 | €451 | -€2,348 | -83.9% |
| Suppliers | 440/4 | €2,799 | €451 | -€2,348 | -83.9% |
| Advances received on contracts in progress | 46 | €242 | - | -€242 | |
| Taxes, remuneration and social security | 45 | €22,525 | €73,188 | +€50,664 | +224.9% |
| Taxes | 450/3 | €22,525 | €73,188 | +€50,664 | +224.9% |
| Other amounts payable | 47/48 | €339,570 | €194,465 | -€145,105 | -42.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,969 | €23,145 | +€177 | +0.8% |
| Other operating charges | 640/8 | €6,948 | €1,335 | -€5,613 | -80.8% |
| Gross operating margin | 9900 | €133,850 | €197,989 | +€64,140 | +47.9% |
| Operating profit (loss) | 9901 | €103,933 | €173,509 | +€69,576 | +66.9% |
| Financial income | 75/76B | €40,263 | €30,002 | -€10,261 | -25.5% |
| Recurring financial income | 75 | €40,263 | €30,002 | -€10,261 | -25.5% |
| Financial charges | 65/66B | €17,504 | €18,438 | +€934 | +5.3% |
| Recurring financial charges | 65 | €17,504 | €18,438 | +€934 | +5.3% |
| Profit (loss) for the period before taxes | 9903 | €126,692 | €185,073 | +€58,381 | +46.1% |
| Income taxes | 67/77 | €31,214 | €57,226 | +€26,012 | +83.3% |
| Profit (loss) for the period | 9904 | €95,478 | €127,847 | +€32,369 | +33.9% |
| Profit (loss) for the period to be appropriated | 9905 | €95,478 | €127,847 | +€32,369 | +33.9% |
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 6 October 2026 via checked.be.