AKWA CONSTRUCT: 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.
AKWA CONSTRUCT
Largest movements
- Receivables within one year -€16,327
down €16,327 (-91.5%), from €17,838 to €1,511
of which Other amounts receivable: -€16,327
- Debts after one year -€69,417
down €69,417 (-8.5%), from €815,111 to €745,693
- Reserves +€50,899
up €50,899 (+20.1%), from €253,600 to €304,499
- Financial income -€153,541
down €153,541 (-78.4%), from €195,838 to €42,297
- Taxes +€1,786
new in 2025: €1,786
- Financial charges -€1,580
down €1,580 (-10.8%), from €14,685 to €13,104
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 | €1,405,167 | €1,389,538 | -€15,629 | -1.1% |
| Fixed assets | 21/28 | €1,386,570 | €1,386,570 | = | 0.0% |
| Financial fixed assets | 28 | €1,386,570 | €1,386,570 | = | 0.0% |
| Current assets | 29/58 | €18,597 | €2,968 | -€15,629 | -84.0% |
| Amounts receivable within one year | 40/41 | €17,838 | €1,511 | -€16,327 | -91.5% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €17,838 | €1,511 | -€16,327 | -91.5% |
| Cash at bank and in hand | 54/58 | €758 | €1,457 | +€699 | +92.1% |
| Total equity and liabilities | 10/49 | €1,405,167 | €1,389,538 | -€15,629 | -1.1% |
| Equity | 10/15 | €466,000 | €516,899 | +€50,899 | +10.9% |
| Contributions | 10/11 | €212,400 | €212,400 | = | 0.0% |
| Reserves | 13 | €253,600 | €304,499 | +€50,899 | +20.1% |
| Distributable reserves | 133 | €253,600 | €304,499 | +€50,899 | +20.1% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €939,167 | €872,639 | -€66,528 | -7.1% |
| Amounts payable after more than one year | 17 | €815,111 | €745,693 | -€69,417 | -8.5% |
| Financial debts | 170/4 | €815,111 | €745,693 | -€69,417 | -8.5% |
| Amounts payable within one year | 42/48 | €124,056 | €126,945 | +€2,889 | +2.3% |
| Current portion of amounts payable after more than one year | 42 | €68,528 | €69,417 | +€889 | +1.3% |
| Other amounts payable | 47/48 | €55,528 | €57,528 | +€2,000 | +3.6% |
| Other operating charges | 640/8 | €968 | €998 | +€31 | +3.2% |
| Gross operating margin | 9900 | €24,491 | €24,491 | = | 0.0% |
| Operating profit (loss) | 9901 | €23,524 | €23,493 | -€31 | -0.1% |
| Financial income | 75/76B | €195,838 | €42,297 | -€153,541 | -78.4% |
| Recurring financial income | 75 | €195,838 | €42,297 | -€153,541 | -78.4% |
| Financial charges | 65/66B | €14,685 | €13,104 | -€1,580 | -10.8% |
| Recurring financial charges | 65 | €14,685 | €13,104 | -€1,580 | -10.8% |
| Profit (loss) for the period before taxes | 9903 | €204,678 | €52,686 | -€151,992 | -74.3% |
| Income taxes | 67/77 | - | €1,786 | +€1,786 | |
| Profit (loss) for the period | 9904 | €204,678 | €50,899 | -€153,778 | -75.1% |
| Profit (loss) for the period to be appropriated | 9905 | €204,678 | €50,899 | -€153,778 | -75.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.