DEN AKELA: 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.
DEN AKELA
Largest movements
- Tangible fixed assets -€21,015
down €21,015 (-6.7%), from €312,035 to €291,020
of which Land and buildings: -€22,319
- Receivables within one year +€20,266
up €20,266 (+81.6%), from €24,824 to €45,090
of which Trade receivables: +€13,414
- Debts after one year -€37,540
down €37,540 (-23.5%), from €159,882 to €122,342
- Reserves +€27,577
up €27,577 (+49.4%), from €55,826 to €83,403
- Short-term financial debts +€11,757
up €11,757 (+49.8%), from €23,596 to €35,354
- Other debts -€11,478
down €11,478 (-96.0%), from €11,954 to €476
- Trade debts +€8,593
up €8,593 (+15.8%), from €54,465 to €63,058
- Gross operating margin +€55,852
up €55,852 (+161.0%), from €34,692 to €90,544
- Taxes +€16,503
up €16,503, from €0 to €16,503
- Financial income +€1,846
up €1,846 (+119.2%), from €1,549 to €3,395
- Depreciation -€1,340
down €1,340 (-6.3%), from €21,225 to €19,886
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 | €383,620 | €382,604 | -€1,016 | -0.3% |
| Fixed assets | 21/28 | €312,135 | €291,120 | -€21,015 | -6.7% |
| Tangible fixed assets | 22/27 | €312,035 | €291,020 | -€21,015 | -6.7% |
| Land and buildings | 22 | €297,557 | €275,239 | -€22,319 | -7.5% |
| Plant, machinery and equipment | 23 | €11,303 | €7,625 | -€3,679 | -32.5% |
| Furniture and vehicles | 24 | €3,175 | €8,157 | +€4,982 | +156.9% |
| Other tangible fixed assets | 26 | €0 | - | = | |
| Financial fixed assets | 28 | €100 | €100 | = | 0.0% |
| Current assets | 29/58 | €71,484 | €91,484 | +€19,999 | +28.0% |
| Amounts receivable after more than one year | 29 | €43,283 | €43,283 | = | 0.0% |
| Other amounts receivable | 291 | €43,283 | €43,283 | = | 0.0% |
| Stocks and contracts in progress | 3 | €3,377 | €2,923 | -€454 | -13.4% |
| Stocks | 30/36 | €3,377 | €2,923 | -€454 | -13.4% |
| Amounts receivable within one year | 40/41 | €24,824 | €45,090 | +€20,266 | +81.6% |
| Trade receivables | 40 | €14,464 | €27,878 | +€13,414 | +92.7% |
| Other amounts receivable | 41 | €10,360 | €17,212 | +€6,852 | +66.1% |
| Cash at bank and in hand | 54/58 | €0 | - | = | |
| Deferred charges and accrued income | 490/1 | - | €187 | +€187 | |
| Total equity and liabilities | 10/49 | €383,620 | €382,604 | -€1,016 | -0.3% |
| Equity | 10/15 | €72,152 | €99,730 | +€27,577 | +38.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €55,826 | €83,403 | +€27,577 | +49.4% |
| Distributable reserves | 133 | €55,826 | €83,403 | +€27,577 | +49.4% |
| Profit (loss) carried forward | 14 | -€2,274 | -€2,274 | = | 0.0% |
| Amounts payable | 17/49 | €311,467 | €282,874 | -€28,593 | -9.2% |
| Amounts payable after more than one year | 17 | €159,882 | €122,342 | -€37,540 | -23.5% |
| Financial debts | 170/4 | €159,882 | €122,342 | -€37,540 | -23.5% |
| Amounts payable within one year | 42/48 | €151,585 | €160,530 | +€8,944 | +5.9% |
| Current portion of amounts payable after more than one year | 42 | €48,723 | €51,300 | +€2,577 | +5.3% |
| Financial debts | 43 | €23,596 | €35,354 | +€11,757 | +49.8% |
| Credit institutions | 430/8 | €23,596 | €35,354 | +€11,757 | +49.8% |
| Trade debts | 44 | €54,465 | €63,058 | +€8,593 | +15.8% |
| Suppliers | 440/4 | €54,465 | €63,058 | +€8,593 | +15.8% |
| Taxes, remuneration and social security | 45 | €12,847 | €10,342 | -€2,505 | -19.5% |
| Taxes | 450/3 | €12,847 | €10,342 | -€2,505 | -19.5% |
| Other amounts payable | 47/48 | €11,954 | €476 | -€11,478 | -96.0% |
| Accrued charges and deferred income | 492/3 | - | €3 | +€3 | |
| Non-recurring operating income | 76A | - | €1,942 | +€1,942 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,225 | €19,886 | -€1,340 | -6.3% |
| Other operating charges | 640/8 | €9,057 | €8,756 | -€301 | -3.3% |
| Non-recurring operating charges | 66A | - | €409 | +€409 | |
| Gross operating margin | 9900 | €34,692 | €90,544 | +€55,852 | +161.0% |
| Operating profit (loss) | 9901 | €4,409 | €61,493 | +€57,084 | +1294.6% |
| Financial income | 75/76B | €1,549 | €3,395 | +€1,846 | +119.2% |
| Recurring financial income | 75 | €1,549 | €3,395 | +€1,846 | +119.2% |
| Financial charges | 65/66B | €21,204 | €20,808 | -€397 | -1.9% |
| Recurring financial charges | 65 | €21,204 | €20,808 | -€397 | -1.9% |
| Profit (loss) for the period before taxes | 9903 | -€15,246 | €44,080 | +€59,326 | |
| Income taxes | 67/77 | €0 | €16,503 | +€16,503 | |
| Profit (loss) for the period | 9904 | -€15,246 | €27,577 | +€42,823 | |
| Profit (loss) for the period to be appropriated | 9905 | -€15,246 | €27,577 | +€42,823 |
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 10 October 2026 via checked.be.