AKV: 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.
AKV
Largest movements
- Cash +€32,599
up €32,599 (+581%), from €5,607 to €38,207
mainly Net result for the year (+€76,049) and Tax, wage and social debts (+€16,770)
- Receivables within one year +€7,318
up €7,318 (+40.4%), from €18,113 to €25,430
of which Trade receivables: +€9,683
- Deferred charges and accrued income -€3,763
down €3,763 (-48.0%), from €7,835 to €4,072
- Profit (loss) carried forward +€76,049
up €76,049 (+300%), from €25,353 to €101,402
- Other debts -€40,796
down €40,796 (-90.1%), from €45,291 to €4,495
- Tax, wage and social debts +€16,770
up €16,770 (+1,189%), from €1,411 to €18,180
- Trade debts -€16,637
down €16,637 (-63.5%), from €26,180 to €9,543
- Gross operating margin +€150,523
up €150,523, from -€67,092 to €83,431
- Taxes +€8,113
up €8,113 (+624%), from €1,301 to €9,413
- Financial charges +€1,790
up €1,790 (+31.2%), from €5,740 to €7,530
- Financial income +€1,193
up €1,193 (+10.9%), from €10,952 to €12,145
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 | €218,081 | €253,466 | +€35,385 | +16.2% |
| Fixed assets | 21/28 | €2,434 | €1,669 | -€765 | -31.4% |
| Tangible fixed assets | 22/27 | €2,434 | €1,669 | -€765 | -31.4% |
| Plant, machinery and equipment | 23 | €711 | €418 | -€293 | -41.2% |
| Other tangible fixed assets | 26 | €1,723 | €1,251 | -€472 | -27.4% |
| Current assets | 29/58 | €215,647 | €251,797 | +€36,150 | +16.8% |
| Amounts receivable after more than one year | 29 | €184,000 | €184,000 | = | 0.0% |
| Other amounts receivable | 291 | €184,000 | €184,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €18,113 | €25,430 | +€7,318 | +40.4% |
| Trade receivables | 40 | €15,748 | €25,430 | +€9,683 | +61.5% |
| Other amounts receivable | 41 | €2,365 | - | -€2,365 | |
| Current investments | 50/53 | €93 | €88 | -€5 | -5.0% |
| Cash at bank and in hand | 54/58 | €5,607 | €38,207 | +€32,599 | +581% |
| Deferred charges and accrued income | 490/1 | €7,835 | €4,072 | -€3,763 | -48.0% |
| Total equity and liabilities | 10/49 | €218,081 | €253,466 | +€35,385 | +16.2% |
| Equity | 10/15 | €145,199 | €221,248 | +€76,049 | +52.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €101,245 | €101,245 | = | 0.0% |
| Distributable reserves | 133 | €101,245 | €101,245 | = | 0.0% |
| Profit (loss) carried forward | 14 | €25,353 | €101,402 | +€76,049 | +300% |
| Amounts payable | 17/49 | €72,882 | €32,219 | -€40,664 | -55.8% |
| Amounts payable within one year | 42/48 | €72,882 | €32,219 | -€40,664 | -55.8% |
| Trade debts | 44 | €26,180 | €9,543 | -€16,637 | -63.5% |
| Suppliers | 440/4 | €26,180 | €9,543 | -€16,637 | -63.5% |
| Taxes, remuneration and social security | 45 | €1,411 | €18,180 | +€16,770 | +1,189% |
| Taxes | 450/3 | €1,411 | €18,180 | +€16,770 | +1,189% |
| Other amounts payable | 47/48 | €45,291 | €4,495 | -€40,796 | -90.1% |
| Non-recurring operating income | 76A | €12,772 | - | -€12,772 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €822 | €765 | -€58 | -7.0% |
| Other operating charges | 640/8 | €2,458 | €1,818 | -€639 | -26.0% |
| Gross operating margin | 9900 | -€67,092 | €83,431 | +€150,523 | |
| Operating profit (loss) | 9901 | -€70,373 | €80,848 | +€151,220 | |
| Financial income | 75/76B | €10,952 | €12,145 | +€1,193 | +10.9% |
| Recurring financial income | 75 | €10,952 | €12,145 | +€1,193 | +10.9% |
| Financial charges | 65/66B | €5,740 | €7,530 | +€1,790 | +31.2% |
| Recurring financial charges | 65 | €5,740 | €7,530 | +€1,790 | +31.2% |
| Profit (loss) for the period before taxes | 9903 | -€65,161 | €85,462 | +€150,623 | |
| Income taxes | 67/77 | €1,301 | €9,413 | +€8,113 | +624% |
| Profit (loss) for the period | 9904 | -€66,461 | €76,049 | +€142,510 | |
| Profit (loss) for the period to be appropriated | 9905 | -€66,461 | €76,049 | +€142,510 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.