AKULA: 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.
AKULA
Largest movements
- Tangible fixed assets +€169,110
up €169,110 (+6.7%), from €2.5m to €2.7m
of which Land and buildings: +€217,471
- Debts after one year +€180,875
up €180,875 (+10.5%), from €1.7m to €1.9m
- Profit (loss) carried forward -€63,223
down €63,223 (-35.8%), from €176,659 to €113,437
- Tax, wage and social debts +€45,957
up €45,957 (+146%), from €31,375 to €77,332
of which Taxes: +€43,013
- Trade debts +€35,105
up €35,105 (+89.2%), from €39,337 to €74,441
- Other operating charges +€97,941
up €97,941 (+242%), from €40,448 to €138,389
- Gross operating margin +€31,953
up €31,953 (+13.1%), from €244,599 to €276,552
- Depreciation +€19,464
up €19,464 (+14.8%), from €131,551 to €151,015
- Financial charges +€14,509
up €14,509 (+40.4%), from €35,939 to €50,448
- Taxes -€10,347
down €10,347 (-100%), from €10,347 to €0
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 | €2,708,220 | €2,884,174 | +€175,954 | +6.5% |
| Fixed assets | 21/28 | €2,532,536 | €2,701,646 | +€169,110 | +6.7% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €2,516,786 | €2,685,896 | +€169,110 | +6.7% |
| Land and buildings | 22 | €2,237,258 | €2,454,729 | +€217,471 | +9.7% |
| Plant, machinery and equipment | 23 | €217,893 | €191,260 | -€26,633 | -12.2% |
| Furniture and vehicles | 24 | €27,979 | €27,979 | = | 0.0% |
| Leasing and similar rights | 25 | €33,656 | €11,928 | -€21,728 | -64.6% |
| Financial fixed assets | 28 | €15,750 | €15,750 | = | 0.0% |
| Current assets | 29/58 | €175,684 | €182,527 | +€6,844 | +3.9% |
| Amounts receivable within one year | 40/41 | €98,755 | €74,817 | -€23,938 | -24.2% |
| Trade receivables | 40 | €30,490 | €51,160 | +€20,670 | +67.8% |
| Other amounts receivable | 41 | €68,265 | €23,657 | -€44,608 | -65.3% |
| Current investments | 50/53 | €14,500 | €16,750 | +€2,250 | +15.5% |
| Cash at bank and in hand | 54/58 | €57,992 | €82,712 | +€24,720 | +42.6% |
| Deferred charges and accrued income | 490/1 | €4,437 | €8,248 | +€3,811 | +85.9% |
| Total equity and liabilities | 10/49 | €2,708,220 | €2,884,174 | +€175,954 | +6.5% |
| Equity | 10/15 | €195,566 | €132,343 | -€63,223 | -32.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €12,707 | €12,707 | = | 0.0% |
| Distributable reserves | 133 | €12,707 | €12,707 | = | 0.0% |
| Profit (loss) carried forward | 14 | €176,659 | €113,437 | -€63,223 | -35.8% |
| Amounts payable | 17/49 | €2,512,654 | €2,751,830 | +€239,176 | +9.5% |
| Amounts payable after more than one year | 17 | €1,727,442 | €1,908,318 | +€180,875 | +10.5% |
| Financial debts | 170/4 | €1,727,442 | €1,908,318 | +€180,875 | +10.5% |
| Amounts payable within one year | 42/48 | €779,635 | €836,526 | +€56,891 | +7.3% |
| Current portion of amounts payable after more than one year | 42 | €161,907 | €154,125 | -€7,782 | -4.8% |
| Trade debts | 44 | €39,337 | €74,441 | +€35,105 | +89.2% |
| Suppliers | 440/4 | €39,337 | €74,441 | +€35,105 | +89.2% |
| Taxes, remuneration and social security | 45 | €31,375 | €77,332 | +€45,957 | +146% |
| Taxes | 450/3 | €31,375 | €74,388 | +€43,013 | +137% |
| Remuneration and social security | 454/9 | - | €2,944 | +€2,944 | |
| Other amounts payable | 47/48 | €547,016 | €530,628 | -€16,388 | -3.0% |
| Accrued charges and deferred income | 492/3 | €5,577 | €6,987 | +€1,410 | +25.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €131,551 | €151,015 | +€19,464 | +14.8% |
| Other operating charges | 640/8 | €40,448 | €138,389 | +€97,941 | +242% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €244,599 | €276,552 | +€31,953 | +13.1% |
| Operating profit (loss) | 9901 | €72,600 | -€12,853 | -€85,453 | |
| Financial income | 75/76B | €151 | €78 | -€72 | -48.1% |
| Recurring financial income | 75 | €151 | €78 | -€72 | -48.1% |
| Financial charges | 65/66B | €35,939 | €50,448 | +€14,509 | +40.4% |
| Recurring financial charges | 65 | €35,939 | €50,448 | +€14,509 | +40.4% |
| Profit (loss) for the period before taxes | 9903 | €36,812 | -€63,223 | -€100,035 | |
| Income taxes | 67/77 | €10,347 | €0 | -€10,347 | -100% |
| Profit (loss) for the period | 9904 | €26,465 | -€63,223 | -€89,688 | |
| Profit (loss) for the period to be appropriated | 9905 | €26,465 | -€63,223 | -€89,688 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.