AKROLEGIS: 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.
AKROLEGIS
Largest movements
- Receivables after one year +€13,340
up €13,340 (+7.4%), from €181,317 to €194,657
- Cash +€11,842
up €11,842 (+346%), from €3,425 to €15,267
mainly Net result for the year (+€35,093) and Depreciation (+€9,511)
- Tangible fixed assets -€9,511
down €9,511 (-15.3%), from €62,259 to €52,747
of which Land and buildings: -€8,919
- Reserves +€15,079
up €15,079 (+9.2%), from €163,738 to €178,817
of which Distributable reserves: +€15,079
- Debts after one year -€13,092
down €13,092 (-41.3%), from €31,694 to €18,602
- Current portion of long-term debt +€8,927
up €8,927 (+71.3%), from €12,516 to €21,443
- Trade debts +€7,773
up €7,773 (+92.0%), from €8,448 to €16,221
- Tax, wage and social debts -€3,852
down €3,852 (-21.0%), from €18,386 to €14,533
of which Remuneration and social security: -€1,948
- Gross operating margin +€21,475
up €21,475 (+38.5%), from €55,781 to €77,257
- Staff costs -€10,663
down €10,663 (-58.3%), from €18,301 to €7,638
- Other operating charges +€6,212
up €6,212 (+161%), from €3,853 to €10,065
- Taxes +€4,485
up €4,485 (+37.2%), from €12,043 to €16,528
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.
Derived cash bridge
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 | €253,932 | €268,216 | +€14,285 | +5.6% |
| Fixed assets | 21/28 | €62,299 | €52,787 | -€9,511 | -15.3% |
| Tangible fixed assets | 22/27 | €62,259 | €52,747 | -€9,511 | -15.3% |
| Land and buildings | 22 | €59,340 | €50,420 | -€8,919 | -15.0% |
| Plant, machinery and equipment | 23 | €959 | €839 | -€121 | -12.6% |
| Furniture and vehicles | 24 | €1,959 | €1,488 | -€471 | -24.0% |
| Financial fixed assets | 28 | €40 | €40 | = | 0.0% |
| Current assets | 29/58 | €191,633 | €215,429 | +€23,796 | +12.4% |
| Amounts receivable after more than one year | 29 | €181,317 | €194,657 | +€13,340 | +7.4% |
| Other amounts receivable | 291 | €181,317 | €194,657 | +€13,340 | +7.4% |
| Amounts receivable within one year | 40/41 | €1,917 | €208 | -€1,709 | -89.1% |
| Trade receivables | 40 | €1,723 | €0 | -€1,723 | -100% |
| Other amounts receivable | 41 | €194 | €208 | +€14 | +7.3% |
| Cash at bank and in hand | 54/58 | €3,425 | €15,267 | +€11,842 | +346% |
| Deferred charges and accrued income | 490/1 | €4,974 | €5,297 | +€323 | +6.5% |
| Total equity and liabilities | 10/49 | €253,932 | €268,216 | +€14,285 | +5.6% |
| Equity | 10/15 | €182,338 | €197,417 | +€15,079 | +8.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €163,738 | €178,817 | +€15,079 | +9.2% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €20,491 | €20,491 | = | 0.0% |
| Distributable reserves | 133 | €143,247 | €158,325 | +€15,079 | +10.5% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €71,594 | €70,800 | -€794 | -1.1% |
| Amounts payable after more than one year | 17 | €31,694 | €18,602 | -€13,092 | -41.3% |
| Financial debts | 170/4 | €31,694 | €18,602 | -€13,092 | -41.3% |
| Amounts payable within one year | 42/48 | €39,349 | €52,198 | +€12,848 | +32.7% |
| Current portion of amounts payable after more than one year | 42 | €12,516 | €21,443 | +€8,927 | +71.3% |
| Trade debts | 44 | €8,448 | €16,221 | +€7,773 | +92.0% |
| Suppliers | 440/4 | €8,448 | €16,221 | +€7,773 | +92.0% |
| Taxes, remuneration and social security | 45 | €18,386 | €14,533 | -€3,852 | -21.0% |
| Taxes | 450/3 | €16,438 | €14,533 | -€1,904 | -11.6% |
| Remuneration and social security | 454/9 | €1,948 | €0 | -€1,948 | -100% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €551 | €0 | -€551 | -100% |
| Non-recurring operating income | 76A | - | €4,500 | +€4,500 | |
| Remuneration, social security and pensions | 62 | €18,301 | €7,638 | -€10,663 | -58.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,003 | €9,511 | -€492 | -4.9% |
| Other operating charges | 640/8 | €3,853 | €10,065 | +€6,212 | +161% |
| Gross operating margin | 9900 | €55,781 | €77,257 | +€21,475 | +38.5% |
| Operating profit (loss) | 9901 | €23,624 | €50,042 | +€26,418 | +112% |
| Financial income | 75/76B | €4,762 | €5,269 | +€507 | +10.7% |
| Recurring financial income | 75 | €4,762 | €5,269 | +€507 | +10.7% |
| Financial charges | 65/66B | €4,106 | €3,690 | -€417 | -10.1% |
| Recurring financial charges | 65 | €4,106 | €3,690 | -€417 | -10.1% |
| Profit (loss) for the period before taxes | 9903 | €24,280 | €51,622 | +€27,342 | +113% |
| Income taxes | 67/77 | €12,043 | €16,528 | +€4,485 | +37.2% |
| Profit (loss) for the period | 9904 | €12,236 | €35,093 | +€22,857 | +187% |
| Profit (loss) for the period to be appropriated | 9905 | €12,236 | €35,093 | +€22,857 | +187% |
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 14 October 2026 via checked.be.