AKMAL: 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.
AKMAL
Largest movements
- Tangible fixed assets +€190,275
up €190,275 (+2,253%), from €8,445 to €198,719
of which Land and buildings: +€187,989
- Receivables within one year +€25,500
up €25,500 (+13,106%), from €195 to €25,695
- Cash +€15,924
up €15,924 (+102%), from €15,668 to €31,592
mainly Debts after one year (+€165,893) and Other debts (+€30,489)
- Debts after one year +€165,893
new in 2025: €165,893
- Other debts +€30,489
up €30,489 (+162%), from €18,871 to €49,360
- Profit (loss) carried forward +€20,145
up €20,145 (+123%), from €16,411 to €36,556
- Trade debts +€10,228
up €10,228 (+340%), from €3,010 to €13,238
- Current portion of long-term debt +€3,321
new in 2025: €3,321
- Gross operating margin +€20,824
up €20,824 (+141%), from €14,794 to €35,618
- Financial charges +€8,418
up €8,418 (+3,933%), from €214 to €8,632
- Depreciation +€5,322
up €5,322 (+886%), from €601 to €5,922
- Other operating charges -€565
down €565 (-38.0%), from €1,486 to €921
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 | €46,403 | €278,729 | +€232,326 | +501% |
| Fixed assets | 21/28 | €8,445 | €198,719 | +€190,275 | +2,253% |
| Tangible fixed assets | 22/27 | €8,445 | €198,719 | +€190,275 | +2,253% |
| Land and buildings | 22 | - | €187,989 | +€187,989 | |
| Plant, machinery and equipment | 23 | €620 | €4,906 | +€4,286 | +691% |
| Furniture and vehicles | 24 | €7,825 | €5,825 | -€2,000 | -25.6% |
| Current assets | 29/58 | €37,959 | €80,010 | +€42,051 | +111% |
| Stocks and contracts in progress | 3 | €22,096 | €22,096 | = | 0.0% |
| Stocks | 30/36 | €22,096 | €22,096 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €195 | €25,695 | +€25,500 | +13,106% |
| Other amounts receivable | 41 | €195 | €25,695 | +€25,500 | +13,106% |
| Cash at bank and in hand | 54/58 | €15,668 | €31,592 | +€15,924 | +102% |
| Deferred charges and accrued income | 490/1 | - | €627 | +€627 | |
| Total equity and liabilities | 10/49 | €46,403 | €278,729 | +€232,326 | +501% |
| Equity | 10/15 | €24,471 | €44,616 | +€20,145 | +82.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Contributions outside capital | 11 | €6,200 | - | -€6,200 | |
| Other | 1109/19 | €6,200 | - | -€6,200 | |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €16,411 | €36,556 | +€20,145 | +123% |
| Amounts payable | 17/49 | €21,932 | €234,113 | +€212,181 | +967% |
| Amounts payable after more than one year | 17 | - | €165,893 | +€165,893 | |
| Financial debts | 170/4 | - | €165,893 | +€165,893 | |
| Amounts payable within one year | 42/48 | €21,932 | €68,220 | +€46,288 | +211% |
| Current portion of amounts payable after more than one year | 42 | - | €3,321 | +€3,321 | |
| Trade debts | 44 | €3,010 | €13,238 | +€10,228 | +340% |
| Suppliers | 440/4 | €3,010 | €13,238 | +€10,228 | +340% |
| Taxes, remuneration and social security | 45 | €50 | €2,300 | +€2,250 | +4,500% |
| Remuneration and social security | 454/9 | €50 | €2,300 | +€2,250 | +4,500% |
| Other amounts payable | 47/48 | €18,871 | €49,360 | +€30,489 | +162% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €601 | €5,922 | +€5,322 | +886% |
| Other operating charges | 640/8 | €1,486 | €921 | -€565 | -38.0% |
| Gross operating margin | 9900 | €14,794 | €35,618 | +€20,824 | +141% |
| Operating profit (loss) | 9901 | €12,708 | €28,775 | +€16,067 | +126% |
| Financial income | 75/76B | €0 | €2 | +€2 | +2,144% |
| Recurring financial income | 75 | €0 | €2 | +€2 | +2,144% |
| Financial charges | 65/66B | €214 | €8,632 | +€8,418 | +3,933% |
| Recurring financial charges | 65 | €214 | €8,632 | +€8,418 | +3,933% |
| Profit (loss) for the period before taxes | 9903 | €12,494 | €20,145 | +€7,651 | +61.2% |
| Profit (loss) for the period | 9904 | €12,494 | €20,145 | +€7,651 | +61.2% |
| Profit (loss) for the period to be appropriated | 9905 | €12,494 | €20,145 | +€7,651 | +61.2% |
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 20 October 2026 via checked.be.