AKV CONCEPT: 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.
AKV CONCEPT
Largest movements
- Receivables within one year -€11,807
down €11,807 (-45.9%), from €25,735 to €13,928
of which Trade receivables: -€8,758
- Tangible fixed assets -€7,340
down €7,340 (-49.1%), from €14,953 to €7,613
of which Furniture and vehicles: -€5,463
- Stocks and contracts +€2,229
up €2,229 (+59.8%), from €3,728 to €5,957
- Cash +€509
up €509 (+16.5%), from €3,085 to €3,594
mainly Receivables within one year (+€11,807) and Depreciation (+€7,340)
- Profit (loss) carried forward -€16,888
down €16,888, from €5,986 to -€10,902
- Current portion of long-term debt -€4,586
down €4,586 (-91.7%), from €5,000 to €414
- Trade debts +€3,396
up €3,396 (+34.4%), from €9,861 to €13,257
- Tax, wage and social debts +€698
up €698 (+22.7%), from €3,070 to €3,768
of which Remuneration and social security: +€1,055
- Other debts +€610
up €610 (+33.2%), from €1,838 to €2,448
- Gross operating margin -€27,504
down €27,504, from €19,423 to -€8,081
- Taxes -€2,667
down €2,667 (-86.9%), from €3,070 to €403
- Other operating charges -€1,173
down €1,173 (-67.8%), from €1,730 to €557
- Financial charges -€982
down €982 (-58.7%), from €1,673 to €691
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €48,385 | €31,651 | -€16,734 | -34.6% |
| Fixed assets | 21/28 | €15,453 | €8,113 | -€7,340 | -47.5% |
| Tangible fixed assets | 22/27 | €14,953 | €7,613 | -€7,340 | -49.1% |
| Plant, machinery and equipment | 23 | €6,971 | €5,094 | -€1,877 | -26.9% |
| Furniture and vehicles | 24 | €7,982 | €2,519 | -€5,463 | -68.4% |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €32,931 | €23,538 | -€9,393 | -28.5% |
| Stocks and contracts in progress | 3 | €3,728 | €5,957 | +€2,229 | +59.8% |
| Stocks | 30/36 | €3,728 | €5,957 | +€2,229 | +59.8% |
| Amounts receivable within one year | 40/41 | €25,735 | €13,928 | -€11,807 | -45.9% |
| Trade receivables | 40 | €17,685 | €8,927 | -€8,758 | -49.5% |
| Other amounts receivable | 41 | €8,050 | €5,001 | -€3,049 | -37.9% |
| Cash at bank and in hand | 54/58 | €3,085 | €3,594 | +€509 | +16.5% |
| Deferred charges and accrued income | 490/1 | €383 | €59 | -€324 | -84.6% |
| Total equity and liabilities | 10/49 | €48,385 | €31,651 | -€16,734 | -34.6% |
| Equity | 10/15 | €28,616 | €11,728 | -€16,888 | -59.0% |
| Contributions | 10/11 | €10,060 | €10,060 | = | 0.0% |
| Reserves | 13 | €12,570 | €12,570 | +€0 | 0.0% |
| Distributable reserves | 133 | €12,570 | €12,570 | +€0 | 0.0% |
| Profit (loss) carried forward | 14 | €5,986 | -€10,902 | -€16,888 | |
| Amounts payable | 17/49 | €19,769 | €19,923 | +€154 | +0.8% |
| Amounts payable within one year | 42/48 | €19,769 | €19,887 | +€118 | +0.6% |
| Current portion of amounts payable after more than one year | 42 | €5,000 | €414 | -€4,586 | -91.7% |
| Trade debts | 44 | €9,861 | €13,257 | +€3,396 | +34.4% |
| Suppliers | 440/4 | €9,861 | €13,257 | +€3,396 | +34.4% |
| Taxes, remuneration and social security | 45 | €3,070 | €3,768 | +€698 | +22.7% |
| Taxes | 450/3 | €3,070 | €2,713 | -€357 | -11.6% |
| Remuneration and social security | 454/9 | - | €1,055 | +€1,055 | |
| Other amounts payable | 47/48 | €1,838 | €2,448 | +€610 | +33.2% |
| Accrued charges and deferred income | 492/3 | - | €36 | +€36 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,243 | €7,340 | +€97 | +1.3% |
| Other operating charges | 640/8 | €1,730 | €557 | -€1,173 | -67.8% |
| Gross operating margin | 9900 | €19,423 | -€8,081 | -€27,504 | |
| Operating profit (loss) | 9901 | €10,450 | -€15,978 | -€26,428 | |
| Financial income | 75/76B | €32 | €184 | +€152 | +475% |
| Recurring financial income | 75 | €32 | €184 | +€152 | +475% |
| Financial charges | 65/66B | €1,673 | €691 | -€982 | -58.7% |
| Recurring financial charges | 65 | €1,673 | €691 | -€982 | -58.7% |
| Profit (loss) for the period before taxes | 9903 | €8,810 | -€16,485 | -€25,295 | |
| Income taxes | 67/77 | €3,070 | €403 | -€2,667 | -86.9% |
| Profit (loss) for the period | 9904 | €5,740 | -€16,888 | -€22,628 | |
| Profit (loss) for the period to be appropriated | 9905 | €5,740 | -€16,888 | -€22,628 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.