AKSEL: 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.
AKSEL
Largest movements
- Receivables within one year +€2,121
up €2,121 (+3.6%), from €58,379 to €60,500
- Tax, wage and social debts +€6,815
up €6,815 (+134.4%), from €5,070 to €11,885
of which Taxes: +€6,815
- Profit (loss) carried forward -€2,661
down €2,661 (-32.1%), from -€8,285 to -€10,946
- Accrued charges and deferred income -€2,005
down €2,005 (-100.0%), from €2,005 to €0
- Gross operating margin -€3,612
down €3,612, from €2,841 to -€771
- Other operating charges -€3,577
down €3,577 (-68.8%), from €5,202 to €1,625
- Financial charges -€1,048
down €1,048 (-79.8%), from €1,313 to €265
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 | €63,120 | €65,222 | +€2,102 | +3.3% |
| Current assets | 29/58 | €63,120 | €65,222 | +€2,102 | +3.3% |
| Amounts receivable within one year | 40/41 | €58,379 | €60,500 | +€2,121 | +3.6% |
| Trade receivables | 40 | €58,379 | €60,500 | +€2,121 | +3.6% |
| Cash at bank and in hand | 54/58 | €4,741 | €4,722 | -€19 | -0.4% |
| Total equity and liabilities | 10/49 | €63,120 | €65,222 | +€2,102 | +3.3% |
| Equity | 10/15 | -€1,385 | -€4,046 | -€2,661 | -192.1% |
| Contributions | 10/11 | €6,250 | €6,250 | = | 0.0% |
| Reserves | 13 | €650 | €650 | = | 0.0% |
| Non-distributable reserves | 130/1 | €650 | €650 | = | 0.0% |
| Other | 1319 | €650 | €650 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€8,285 | -€10,946 | -€2,661 | -32.1% |
| Amounts payable | 17/49 | €64,505 | €69,268 | +€4,763 | +7.4% |
| Amounts payable within one year | 42/48 | €62,500 | €69,268 | +€6,768 | +10.8% |
| Trade debts | 44 | €290 | €243 | -€47 | -16.3% |
| Suppliers | 440/4 | €290 | €243 | -€47 | -16.3% |
| Taxes, remuneration and social security | 45 | €5,070 | €11,885 | +€6,815 | +134.4% |
| Taxes | 450/3 | €1,855 | €8,670 | +€6,815 | +367.3% |
| Remuneration and social security | 454/9 | €3,215 | €3,215 | = | 0.0% |
| Other amounts payable | 47/48 | €57,139 | €57,139 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €2,005 | €0 | -€2,005 | -100.0% |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | - | = | |
| Other operating charges | 640/8 | €5,202 | €1,625 | -€3,577 | -68.8% |
| Gross operating margin | 9900 | €2,841 | -€771 | -€3,612 | |
| Operating profit (loss) | 9901 | -€2,361 | -€2,396 | -€35 | -1.5% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €1,313 | €265 | -€1,048 | -79.8% |
| Recurring financial charges | 65 | €1,313 | €265 | -€1,048 | -79.8% |
| Profit (loss) for the period before taxes | 9903 | -€3,674 | -€2,661 | +€1,013 | +27.6% |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€3,674 | -€2,661 | +€1,013 | +27.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,674 | -€2,661 | +€1,013 | +27.6% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.