AK & CO: 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.
AK & CO
Largest movements
- Cash +€60,068
up €60,068 (+226%), from €26,634 to €86,702
mainly Receivables within one year (+€45,000) and Depreciation (+€40,415)
- Receivables within one year -€45,000
down €45,000 (-22.0%), from €205,000 to €160,000
- Tangible fixed assets -€40,415
down €40,415 (-3.4%), from €1.2m to €1.2m
- Debts after one year -€41,400
down €41,400 (-7.1%), from €584,509 to €543,108
- Profit (loss) carried forward +€23,240
up €23,240 (+10.7%), from €216,855 to €240,095
- Other debts +€15,453
up €15,453 (+8.7%), from €177,297 to €192,750
- Gross operating margin +€84,294
up €84,294 (+129%), from €65,338 to €149,632
- Other operating charges +€46,902
up €46,902 (+467%), from €10,035 to €56,937
- Depreciation +€15,184
up €15,184 (+60.2%), from €25,231 to €40,415
- Taxes +€7,086
up €7,086 (+516%), from €1,374 to €8,460
- Financial charges -€4,973
down €4,973 (-19.5%), from €25,553 to €20,580
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 | €1,488,332 | €1,464,485 | -€23,848 | -1.6% |
| Fixed assets | 21/28 | €1,256,699 | €1,216,284 | -€40,415 | -3.2% |
| Tangible fixed assets | 22/27 | €1,204,479 | €1,164,064 | -€40,415 | -3.4% |
| Land and buildings | 22 | €1,204,479 | €1,164,064 | -€40,415 | -3.4% |
| Financial fixed assets | 28 | €52,220 | €52,220 | = | 0.0% |
| Current assets | 29/58 | €231,634 | €248,201 | +€16,567 | +7.2% |
| Amounts receivable within one year | 40/41 | €205,000 | €160,000 | -€45,000 | -22.0% |
| Other amounts receivable | 41 | €205,000 | €160,000 | -€45,000 | -22.0% |
| Cash at bank and in hand | 54/58 | €26,634 | €86,702 | +€60,068 | +226% |
| Deferred charges and accrued income | 490/1 | - | €1,499 | +€1,499 | |
| Total equity and liabilities | 10/49 | €1,488,332 | €1,464,485 | -€23,848 | -1.6% |
| Equity | 10/15 | €655,526 | €678,767 | +€23,240 | +3.5% |
| Contributions | 10/11 | €135,000 | €135,000 | = | 0.0% |
| Revaluation surpluses | 12 | €303,672 | €303,672 | = | 0.0% |
| Profit (loss) carried forward | 14 | €216,855 | €240,095 | +€23,240 | +10.7% |
| Amounts payable | 17/49 | €832,806 | €785,718 | -€47,088 | -5.7% |
| Amounts payable after more than one year | 17 | €584,509 | €543,108 | -€41,400 | -7.1% |
| Financial debts | 170/4 | €584,509 | €543,108 | -€41,400 | -7.1% |
| Amounts payable within one year | 42/48 | €248,298 | €242,610 | -€5,688 | -2.3% |
| Current portion of amounts payable after more than one year | 42 | €40,056 | €41,400 | +€1,344 | +3.4% |
| Trade debts | 44 | €14,571 | - | -€14,571 | |
| Suppliers | 440/4 | €14,571 | - | -€14,571 | |
| Taxes, remuneration and social security | 45 | €16,374 | €8,460 | -€7,914 | -48.3% |
| Taxes | 450/3 | €16,374 | €8,460 | -€7,914 | -48.3% |
| Other amounts payable | 47/48 | €177,297 | €192,750 | +€15,453 | +8.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,231 | €40,415 | +€15,184 | +60.2% |
| Other operating charges | 640/8 | €10,035 | €56,937 | +€46,902 | +467% |
| Gross operating margin | 9900 | €65,338 | €149,632 | +€84,294 | +129% |
| Operating profit (loss) | 9901 | €30,071 | €52,280 | +€22,209 | +73.9% |
| Financial income | 75/76B | €359 | - | -€359 | |
| Recurring financial income | 75 | €359 | - | -€359 | |
| Financial charges | 65/66B | €25,553 | €20,580 | -€4,973 | -19.5% |
| Recurring financial charges | 65 | €25,553 | €20,580 | -€4,973 | -19.5% |
| Profit (loss) for the period before taxes | 9903 | €4,877 | €31,701 | +€26,823 | +550% |
| Income taxes | 67/77 | €1,374 | €8,460 | +€7,086 | +516% |
| Profit (loss) for the period | 9904 | €3,504 | €23,240 | +€19,737 | +563% |
| Profit (loss) for the period to be appropriated | 9905 | €3,504 | €23,240 | +€19,737 | +563% |
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 15 October 2026 via checked.be.