AKWASH: 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.
AKWASH
Largest movements
- Intangible fixed assets -€45,285
down €45,285 (-54.6%), from €83,003 to €37,717
- Cash +€13,269
up €13,269 (+131%), from €10,159 to €23,427
mainly Depreciation (+€71,669) and Other debts (+€58,728)
- Receivables within one year -€5,502
down €5,502 (-95.7%), from €5,750 to €248
of which Trade receivables: -€4,730
- Profit (loss) carried forward -€80,916
down €80,916 (-19.6%), from -€413,446 to -€494,362
- Other debts +€58,728
up €58,728 (+14.3%), from €410,640 to €469,368
- Debts after one year -€11,022
down €11,022 (-4.0%), from €278,726 to €267,704
- Trade debts -€7,213
down €7,213 (-57.9%), from €12,464 to €5,251
- Financial charges -€7,477
down €7,477 (-28.5%), from €26,194 to €18,717
- Depreciation -€5,331
down €5,331 (-6.9%), from €77,000 to €71,669
- Gross operating margin +€3,971
up €3,971 (+47.2%), from €8,405 to €12,375
- Other operating charges -€378
down €378 (-12.8%), from €2,962 to €2,584
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 | €348,636 | €310,177 | -€38,458 | -11.0% |
| Fixed assets | 21/28 | €332,727 | €286,502 | -€46,224 | -13.9% |
| Intangible fixed assets | 21 | €83,003 | €37,717 | -€45,285 | -54.6% |
| Tangible fixed assets | 22/27 | €249,724 | €248,785 | -€939 | -0.4% |
| Land and buildings | 22 | €240,732 | €222,017 | -€18,715 | -7.8% |
| Plant, machinery and equipment | 23 | €8,992 | €26,768 | +€17,776 | +198% |
| Current assets | 29/58 | €15,909 | €23,675 | +€7,766 | +48.8% |
| Amounts receivable within one year | 40/41 | €5,750 | €248 | -€5,502 | -95.7% |
| Trade receivables | 40 | €4,978 | €248 | -€4,730 | -95.0% |
| Other amounts receivable | 41 | €773 | - | -€773 | |
| Cash at bank and in hand | 54/58 | €10,159 | €23,427 | +€13,269 | +131% |
| Total equity and liabilities | 10/49 | €348,636 | €310,177 | -€38,458 | -11.0% |
| Equity | 10/15 | -€364,246 | -€445,162 | -€80,916 | -22.2% |
| Contributions | 10/11 | €49,200 | €49,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€413,446 | -€494,362 | -€80,916 | -19.6% |
| Amounts payable | 17/49 | €712,881 | €755,339 | +€42,458 | +6.0% |
| Amounts payable after more than one year | 17 | €278,726 | €267,704 | -€11,022 | -4.0% |
| Financial debts | 170/4 | €278,726 | €267,704 | -€11,022 | -4.0% |
| Amounts payable within one year | 42/48 | €434,155 | €487,635 | +€53,480 | +12.3% |
| Current portion of amounts payable after more than one year | 42 | €10,344 | €11,022 | +€677 | +6.5% |
| Trade debts | 44 | €12,464 | €5,251 | -€7,213 | -57.9% |
| Suppliers | 440/4 | €12,464 | €5,251 | -€7,213 | -57.9% |
| Taxes, remuneration and social security | 45 | €707 | €1,994 | +€1,287 | +182% |
| Taxes | 450/3 | €707 | €1,994 | +€1,287 | +182% |
| Other amounts payable | 47/48 | €410,640 | €469,368 | +€58,728 | +14.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €77,000 | €71,669 | -€5,331 | -6.9% |
| Other operating charges | 640/8 | €2,962 | €2,584 | -€378 | -12.8% |
| Gross operating margin | 9900 | €8,405 | €12,375 | +€3,971 | +47.2% |
| Operating profit (loss) | 9901 | -€71,558 | -€61,878 | +€9,680 | +13.5% |
| Financial income | 75/76B | €13 | €13 | -€0 | -0.6% |
| Recurring financial income | 75 | €13 | €13 | -€0 | -0.6% |
| Financial charges | 65/66B | €26,194 | €18,717 | -€7,477 | -28.5% |
| Recurring financial charges | 65 | €26,194 | €18,717 | -€7,477 | -28.5% |
| Profit (loss) for the period before taxes | 9903 | -€97,738 | -€80,581 | +€17,157 | +17.6% |
| Income taxes | 67/77 | €349 | €335 | -€14 | -3.9% |
| Profit (loss) for the period | 9904 | -€98,087 | -€80,916 | +€17,171 | +17.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€98,087 | -€80,916 | +€17,171 | +17.5% |
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.