AKROVLA: 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.
AKROVLA
Largest movements
- Receivables within one year -€21,976
down €21,976 (-33.7%), from €65,189 to €43,213
of which Trade receivables: -€13,281
- Tangible fixed assets -€13,289
down €13,289 (-5.0%), from €267,196 to €253,907
- Cash +€11,510
up €11,510 (+2,144%), from €537 to €12,047
mainly Receivables within one year (+€21,976) and Net result for the year (+€20,117)
- Reserves +€20,000
up €20,000 (+65.9%), from €30,360 to €50,360
- Trade debts -€19,770
down €19,770 (-60.2%), from €32,852 to €13,082
- Debts after one year -€14,555
down €14,555 (-9.7%), from €150,084 to €135,528
- Other debts +€10,097
up €10,097 (+9.3%), from €108,681 to €118,778
- Advances received -€9,717
down €9,717 (-90.9%), from €10,689 to €972
- Gross operating margin +€52,506
up €52,506 (+522%), from €10,056 to €62,562
- Write-downs +€12,015
up €12,015 (+1,559%), from €771 to €12,786
- Taxes +€6,922
up €6,922, from €0 to €6,922
- Financial charges -€2,955
down €2,955 (-30.4%), from €9,735 to €6,780
- Other operating charges +€1,278
up €1,278 (+87.2%), from €1,465 to €2,742
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 | €376,998 | €352,494 | -€24,503 | -6.5% |
| Fixed assets | 21/28 | €267,196 | €253,907 | -€13,289 | -5.0% |
| Tangible fixed assets | 22/27 | €267,196 | €253,907 | -€13,289 | -5.0% |
| Land and buildings | 22 | €254,931 | €249,219 | -€5,711 | -2.2% |
| Plant, machinery and equipment | 23 | €3,360 | €2,250 | -€1,110 | -33.0% |
| Furniture and vehicles | 24 | €8,905 | €2,437 | -€6,468 | -72.6% |
| Current assets | 29/58 | €109,802 | €98,588 | -€11,214 | -10.2% |
| Stocks and contracts in progress | 3 | €14,318 | €14,318 | = | 0.0% |
| Stocks | 30/36 | €14,318 | €14,318 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €65,189 | €43,213 | -€21,976 | -33.7% |
| Trade receivables | 40 | €49,417 | €36,136 | -€13,281 | -26.9% |
| Other amounts receivable | 41 | €15,772 | €7,078 | -€8,695 | -55.1% |
| Cash at bank and in hand | 54/58 | €537 | €12,047 | +€11,510 | +2,144% |
| Deferred charges and accrued income | 490/1 | €29,758 | €29,010 | -€748 | -2.5% |
| Total equity and liabilities | 10/49 | €376,998 | €352,494 | -€24,503 | -6.5% |
| Equity | 10/15 | €45,064 | €65,181 | +€20,117 | +44.6% |
| Contributions | 10/11 | €13,190 | €13,190 | = | 0.0% |
| Reserves | 13 | €30,360 | €50,360 | +€20,000 | +65.9% |
| Distributable reserves | 133 | €30,360 | €50,360 | +€20,000 | +65.9% |
| Profit (loss) carried forward | 14 | €1,513 | €1,630 | +€117 | +7.7% |
| Amounts payable | 17/49 | €331,934 | €287,314 | -€44,620 | -13.4% |
| Amounts payable after more than one year | 17 | €150,084 | €135,528 | -€14,555 | -9.7% |
| Financial debts | 170/4 | €150,084 | €135,528 | -€14,555 | -9.7% |
| Amounts payable within one year | 42/48 | €177,203 | €149,353 | -€27,850 | -15.7% |
| Current portion of amounts payable after more than one year | 42 | €18,210 | €14,555 | -€3,654 | -20.1% |
| Financial debts | 43 | €6,380 | €0 | -€6,380 | -100% |
| Credit institutions | 430/8 | €6,380 | €0 | -€6,380 | -100% |
| Trade debts | 44 | €32,852 | €13,082 | -€19,770 | -60.2% |
| Suppliers | 440/4 | €32,852 | €13,082 | -€19,770 | -60.2% |
| Advances received on contracts in progress | 46 | €10,689 | €972 | -€9,717 | -90.9% |
| Taxes, remuneration and social security | 45 | €391 | €1,966 | +€1,575 | +403% |
| Taxes | 450/3 | €391 | €1,966 | +€1,575 | +403% |
| Other amounts payable | 47/48 | €108,681 | €118,778 | +€10,097 | +9.3% |
| Accrued charges and deferred income | 492/3 | €4,647 | €2,433 | -€2,215 | -47.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,969 | €13,289 | +€321 | +2.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €771 | €12,786 | +€12,015 | +1,559% |
| Other operating charges | 640/8 | €1,465 | €2,742 | +€1,278 | +87.2% |
| Gross operating margin | 9900 | €10,056 | €62,562 | +€52,506 | +522% |
| Operating profit (loss) | 9901 | -€5,148 | €33,745 | +€38,892 | |
| Financial income | 75/76B | €13 | €74 | +€61 | +488% |
| Recurring financial income | 75 | €13 | €74 | +€61 | +488% |
| Financial charges | 65/66B | €9,735 | €6,780 | -€2,955 | -30.4% |
| Recurring financial charges | 65 | €9,735 | €6,780 | -€2,955 | -30.4% |
| Profit (loss) for the period before taxes | 9903 | -€14,870 | €27,039 | +€41,909 | |
| Income taxes | 67/77 | €0 | €6,922 | +€6,922 | |
| Profit (loss) for the period | 9904 | -€14,870 | €20,117 | +€34,986 | |
| Profit (loss) for the period to be appropriated | 9905 | -€14,870 | €20,117 | +€34,986 |
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 17 October 2026 via checked.be.