AYKEM: 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.
AYKEM
Largest movements
- Receivables within one year +€39,547
up €39,547 (+230%), from €17,167 to €56,714
of which Other amounts receivable: +€51,153
- Tangible fixed assets -€16,096
down €16,096 (-30.4%), from €52,896 to €36,800
of which Furniture and vehicles: -€13,589
- Profit (loss) carried forward +€28,231
up €28,231 (+14.2%), from €198,239 to €226,470
- Debts after one year -€8,316
down €8,316 (-49.0%), from €16,975 to €8,659
- Trade debts +€8,111
up €8,111 (+11.6%), from €69,902 to €78,013
- Gross operating margin -€35,298
down €35,298 (-38.3%), from €92,193 to €56,895
- Taxes -€8,382
down €8,382 (-44.1%), from €19,011 to €10,629
- Financial charges -€2,764
down €2,764 (-63.4%), from €4,360 to €1,596
- Depreciation -€1,139
down €1,139 (-6.6%), from €17,235 to €16,096
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 | €434,663 | €457,393 | +€22,730 | +5.2% |
| Fixed assets | 21/28 | €412,196 | €396,100 | -€16,096 | -3.9% |
| Tangible fixed assets | 22/27 | €52,896 | €36,800 | -€16,096 | -30.4% |
| Plant, machinery and equipment | 23 | €2,249 | €1,994 | -€255 | -11.3% |
| Furniture and vehicles | 24 | €35,281 | €21,692 | -€13,589 | -38.5% |
| Other tangible fixed assets | 26 | €15,366 | €13,114 | -€2,252 | -14.7% |
| Financial fixed assets | 28 | €359,300 | €359,300 | = | 0.0% |
| Current assets | 29/58 | €22,467 | €61,293 | +€38,826 | +173% |
| Amounts receivable within one year | 40/41 | €17,167 | €56,714 | +€39,547 | +230% |
| Trade receivables | 40 | €15,371 | €3,765 | -€11,606 | -75.5% |
| Other amounts receivable | 41 | €1,796 | €52,949 | +€51,153 | +2,848% |
| Cash at bank and in hand | 54/58 | €4,299 | €3,982 | -€317 | -7.4% |
| Deferred charges and accrued income | 490/1 | €1,001 | €597 | -€404 | -40.4% |
| Total equity and liabilities | 10/49 | €434,663 | €457,393 | +€22,730 | +5.2% |
| Equity | 10/15 | €218,699 | €246,930 | +€28,231 | +12.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €198,239 | €226,470 | +€28,231 | +14.2% |
| Amounts payable | 17/49 | €215,964 | €210,463 | -€5,501 | -2.5% |
| Amounts payable after more than one year | 17 | €16,975 | €8,659 | -€8,316 | -49.0% |
| Financial debts | 170/4 | €16,975 | €8,659 | -€8,316 | -49.0% |
| Amounts payable within one year | 42/48 | €196,671 | €199,486 | +€2,815 | +1.4% |
| Current portion of amounts payable after more than one year | 42 | €7,987 | €8,316 | +€329 | +4.1% |
| Financial debts | 43 | €6,850 | €6,816 | -€34 | -0.5% |
| Credit institutions | 430/8 | €6,850 | €6,816 | -€34 | -0.5% |
| Trade debts | 44 | €69,902 | €78,013 | +€8,111 | +11.6% |
| Suppliers | 440/4 | €69,902 | €78,013 | +€8,111 | +11.6% |
| Taxes, remuneration and social security | 45 | €2,777 | - | -€2,777 | |
| Taxes | 450/3 | €2,777 | - | -€2,777 | |
| Other amounts payable | 47/48 | €109,155 | €106,341 | -€2,814 | -2.6% |
| Accrued charges and deferred income | 492/3 | €2,318 | €2,318 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,235 | €16,096 | -€1,139 | -6.6% |
| Other operating charges | 640/8 | €486 | €343 | -€143 | -29.4% |
| Gross operating margin | 9900 | €92,193 | €56,895 | -€35,298 | -38.3% |
| Operating profit (loss) | 9901 | €74,472 | €40,456 | -€34,016 | -45.7% |
| Financial charges | 65/66B | €4,360 | €1,596 | -€2,764 | -63.4% |
| Recurring financial charges | 65 | €4,360 | €1,596 | -€2,764 | -63.4% |
| Profit (loss) for the period before taxes | 9903 | €70,112 | €38,860 | -€31,252 | -44.6% |
| Income taxes | 67/77 | €19,011 | €10,629 | -€8,382 | -44.1% |
| Profit (loss) for the period | 9904 | €51,101 | €28,231 | -€22,870 | -44.8% |
| Profit (loss) for the period to be appropriated | 9905 | €51,101 | €28,231 | -€22,870 | -44.8% |
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 22 October 2026 via checked.be.