aks: 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.
aks
Largest movements
- Receivables within one year -€67,878
down €67,878 (-74.8%), from €90,801 to €22,923
- Cash +€10,037
up €10,037 (+51.4%), from €19,530 to €29,567
mainly Receivables within one year (+€67,878) and Deferred charges and accrued income (+€820)
- Stocks and contracts +€2,211
up €2,211 (+16.4%), from €13,493 to €15,704
- Profit (loss) carried forward -€50,792
down €50,792 (-17.4%), from -€291,482 to -€342,274
- Tax, wage and social debts -€6,322
down €6,322 (-16.7%), from €37,951 to €31,630
of which Taxes: -€7,204
- Gross operating margin +€12,080
up €12,080 (+35.1%), from €34,415 to €46,494
- Staff costs +€3,998
up €3,998 (+4.4%), from €90,393 to €94,391
- Other operating charges +€880
up €880 (+97.3%), from €904 to €1,784
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 | €125,222 | €68,773 | -€56,449 | -45.1% |
| Fixed assets | 21/28 | €500 | €500 | = | 0.0% |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €124,722 | €68,273 | -€56,449 | -45.3% |
| Stocks and contracts in progress | 3 | €13,493 | €15,704 | +€2,211 | +16.4% |
| Stocks | 30/36 | €13,493 | €15,704 | +€2,211 | +16.4% |
| Amounts receivable within one year | 40/41 | €90,801 | €22,923 | -€67,878 | -74.8% |
| Trade receivables | 40 | €90,801 | €22,923 | -€67,878 | -74.8% |
| Cash at bank and in hand | 54/58 | €19,530 | €29,567 | +€10,037 | +51.4% |
| Deferred charges and accrued income | 490/1 | €899 | €79 | -€820 | -91.2% |
| Total equity and liabilities | 10/49 | €125,222 | €68,773 | -€56,449 | -45.1% |
| Equity | 10/15 | -€276,482 | -€327,274 | -€50,792 | -18.4% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Contributions outside capital | 11 | €15,000 | - | -€15,000 | |
| Other | 1109/19 | €15,000 | - | -€15,000 | |
| Profit (loss) carried forward | 14 | -€291,482 | -€342,274 | -€50,792 | -17.4% |
| Amounts payable | 17/49 | €401,704 | €396,047 | -€5,657 | -1.4% |
| Amounts payable within one year | 42/48 | €401,704 | €396,047 | -€5,657 | -1.4% |
| Trade debts | 44 | €363,753 | €364,417 | +€664 | +0.2% |
| Suppliers | 440/4 | €363,753 | €364,417 | +€664 | +0.2% |
| Taxes, remuneration and social security | 45 | €37,951 | €31,630 | -€6,322 | -16.7% |
| Taxes | 450/3 | €18,370 | €11,166 | -€7,204 | -39.2% |
| Remuneration and social security | 454/9 | €19,581 | €20,464 | +€882 | +4.5% |
| Remuneration, social security and pensions | 62 | €90,393 | €94,391 | +€3,998 | +4.4% |
| Other operating charges | 640/8 | €904 | €1,784 | +€880 | +97.3% |
| Gross operating margin | 9900 | €34,415 | €46,494 | +€12,080 | +35.1% |
| Operating profit (loss) | 9901 | -€56,883 | -€49,680 | +€7,202 | +12.7% |
| Financial income | 75/76B | €57 | €0 | -€56 | -99.7% |
| Recurring financial income | 75 | €57 | €0 | -€56 | -99.7% |
| Financial charges | 65/66B | €455 | €499 | +€44 | +9.6% |
| Recurring financial charges | 65 | €455 | €499 | +€44 | +9.6% |
| Profit (loss) for the period before taxes | 9903 | -€57,281 | -€50,179 | +€7,102 | +12.4% |
| Income taxes | 67/77 | €496 | €613 | +€117 | +23.7% |
| Profit (loss) for the period | 9904 | -€57,777 | -€50,792 | +€6,985 | +12.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€57,777 | -€50,792 | +€6,985 | +12.1% |
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.