AKURAT: 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.
AKURAT
Largest movements
- Tangible fixed assets +€763,155
up €763,155 (+8,803%), from €8,669 to €771,824
of which Land and buildings: +€760,182
- Cash -€21,211
down €21,211 (-98.4%), from €21,551 to €340
mainly Investment in fixed assets (net) (-€801,371) and Receivables within one year (-€4,846)
- Debts after one year +€670,957
new in 2025: €670,957
- Other debts +€47,473
up €47,473 (+21,157%), from €224 to €47,698
- Current portion of long-term debt +€24,184
new in 2025: €24,184
- Gross operating margin +€60,090
up €60,090 (+80.1%), from €75,020 to €135,110
- Depreciation +€34,963
up €34,963 (+1,075%), from €3,253 to €38,216
- Staff costs +€30,604
up €30,604 (+70.9%), from €43,176 to €73,780
- Financial charges +€8,175
up €8,175 (+131%), from €6,249 to €14,424
- Taxes -€1,592
down €1,592 (-28.9%), from €5,510 to €3,917
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 | €63,539 | €811,485 | +€747,946 | +1,177% |
| Fixed assets | 21/28 | €8,669 | €771,824 | +€763,155 | +8,803% |
| Tangible fixed assets | 22/27 | €8,669 | €771,824 | +€763,155 | +8,803% |
| Land and buildings | 22 | - | €760,182 | +€760,182 | |
| Plant, machinery and equipment | 23 | €3,552 | €4,954 | +€1,402 | +39.5% |
| Furniture and vehicles | 24 | €5,117 | €6,688 | +€1,571 | +30.7% |
| Current assets | 29/58 | €54,870 | €39,661 | -€15,209 | -27.7% |
| Amounts receivable within one year | 40/41 | €32,030 | €36,876 | +€4,846 | +15.1% |
| Trade receivables | 40 | €31,830 | €36,676 | +€4,846 | +15.2% |
| Other amounts receivable | 41 | €200 | €200 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €21,551 | €340 | -€21,211 | -98.4% |
| Deferred charges and accrued income | 490/1 | €1,289 | €2,445 | +€1,157 | +89.8% |
| Total equity and liabilities | 10/49 | €63,539 | €811,485 | +€747,946 | +1,177% |
| Equity | 10/15 | €44,941 | €48,778 | +€3,837 | +8.5% |
| Reserves | 13 | €44,941 | €48,778 | +€3,837 | +8.5% |
| Distributable reserves | 133 | €44,941 | €48,778 | +€3,837 | +8.5% |
| Amounts payable | 17/49 | €18,598 | €762,707 | +€744,109 | +4,001% |
| Amounts payable after more than one year | 17 | - | €670,957 | +€670,957 | |
| Financial debts | 170/4 | - | €670,957 | +€670,957 | |
| Amounts payable within one year | 42/48 | €18,598 | €91,750 | +€73,152 | +393% |
| Current portion of amounts payable after more than one year | 42 | - | €24,184 | +€24,184 | |
| Trade debts | 44 | €971 | €1,770 | +€798 | +82.2% |
| Suppliers | 440/4 | €971 | €1,770 | +€798 | +82.2% |
| Taxes, remuneration and social security | 45 | €17,402 | €18,098 | +€696 | +4.0% |
| Taxes | 450/3 | €15,941 | €13,974 | -€1,968 | -12.3% |
| Remuneration and social security | 454/9 | €1,461 | €4,124 | +€2,664 | +182% |
| Other amounts payable | 47/48 | €224 | €47,698 | +€47,473 | +21,157% |
| Non-recurring operating income | 76A | €5 | €0 | -€5 | -100% |
| Remuneration, social security and pensions | 62 | €43,176 | €73,780 | +€30,604 | +70.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,253 | €38,216 | +€34,963 | +1,075% |
| Other operating charges | 640/8 | €681 | €948 | +€267 | +39.3% |
| Gross operating margin | 9900 | €75,020 | €135,110 | +€60,090 | +80.1% |
| Operating profit (loss) | 9901 | €27,910 | €22,165 | -€5,745 | -20.6% |
| Financial income | 75/76B | €3 | €13 | +€10 | +290% |
| Recurring financial income | 75 | €3 | €13 | +€10 | +290% |
| Financial charges | 65/66B | €6,249 | €14,424 | +€8,175 | +131% |
| Recurring financial charges | 65 | €6,249 | €14,424 | +€8,175 | +131% |
| Profit (loss) for the period before taxes | 9903 | €21,665 | €7,754 | -€13,910 | -64.2% |
| Income taxes | 67/77 | €5,510 | €3,917 | -€1,592 | -28.9% |
| Profit (loss) for the period | 9904 | €16,155 | €3,837 | -€12,318 | -76.2% |
| Profit (loss) for the period to be appropriated | 9905 | €16,155 | €3,837 | -€12,318 | -76.2% |
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.