A.P.C. CONSTRUCT: 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.
A.P.C. CONSTRUCT
Largest movements
- Tangible fixed assets -€15,848
down €15,848 (-30.3%), from €52,384 to €36,536
of which Furniture and vehicles: -€13,348
- Cash -€12,899
down €12,899 (-32.0%), from €40,306 to €27,407
mainly Net result for the year (-€13,990) and Debts after one year (-€12,545)
- Receivables within one year +€1,250
up €1,250 (+9.2%), from €13,617 to €14,867
of which Trade receivables: +€2,205
- Profit (loss) carried forward -€13,990
down €13,990 (-24.8%), from €56,468 to €42,478
- Debts after one year -€12,545
down €12,545 (-38.4%), from €32,666 to €20,121
- Tax, wage and social debts -€3,218
no longer reported in 2025 (was €3,218)
- Other debts +€1,895
new in 2025: €1,895
- Advances received +€1,500
new in 2025: €1,500
- Purchases and services -€513,438
no longer reported in 2025 (was €513,438)
- Turnover -€500,337
no longer reported in 2025 (was €500,337)
- Gross operating margin +€70,473
up €70,473, from -€13,102 to €57,371
- Staff costs +€46,903
new in 2025: €46,903
- Taxes +€11,876
up €11,876, from -€6,483 to €5,394
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 | €106,308 | €78,811 | -€27,497 | -25.9% |
| Fixed assets | 21/28 | €52,384 | €36,536 | -€15,848 | -30.3% |
| Tangible fixed assets | 22/27 | €52,384 | €36,536 | -€15,848 | -30.3% |
| Furniture and vehicles | 24 | €49,884 | €36,536 | -€13,348 | -26.8% |
| Leasing and similar rights | 25 | €2,500 | - | -€2,500 | |
| Current assets | 29/58 | €53,923 | €42,274 | -€11,649 | -21.6% |
| Amounts receivable within one year | 40/41 | €13,617 | €14,867 | +€1,250 | +9.2% |
| Trade receivables | 40 | €10,695 | €12,900 | +€2,205 | +20.6% |
| Other amounts receivable | 41 | €2,922 | €1,967 | -€955 | -32.7% |
| Cash at bank and in hand | 54/58 | €40,306 | €27,407 | -€12,899 | -32.0% |
| Total equity and liabilities | 10/49 | €106,308 | €78,811 | -€27,497 | -25.9% |
| Equity | 10/15 | €56,568 | €42,578 | -€13,990 | -24.7% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Profit (loss) carried forward | 14 | €56,468 | €42,478 | -€13,990 | -24.8% |
| Amounts payable | 17/49 | €49,739 | €36,233 | -€13,506 | -27.2% |
| Amounts payable after more than one year | 17 | €32,666 | €20,121 | -€12,545 | -38.4% |
| Financial debts | 170/4 | €32,666 | €20,121 | -€12,545 | -38.4% |
| Amounts payable within one year | 42/48 | €17,073 | €16,112 | -€962 | -5.6% |
| Current portion of amounts payable after more than one year | 42 | €13,779 | €12,545 | -€1,235 | -9.0% |
| Trade debts | 44 | €76 | €172 | +€96 | +125.9% |
| Suppliers | 440/4 | €76 | €172 | +€96 | +125.9% |
| Advances received on contracts in progress | 46 | - | €1,500 | +€1,500 | |
| Taxes, remuneration and social security | 45 | €3,218 | - | -€3,218 | |
| Remuneration and social security | 454/9 | €3,218 | - | -€3,218 | |
| Other amounts payable | 47/48 | - | €1,895 | +€1,895 | |
| Turnover | 70 | €500,337 | - | -€500,337 | |
| Goods, raw materials, services and sundry goods | 60/61 | €513,438 | - | -€513,438 | |
| Remuneration, social security and pensions | 62 | - | €46,903 | +€46,903 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,075 | €16,548 | +€4,472 | +37.0% |
| Other operating charges | 640/8 | €1,012 | €1,388 | +€376 | +37.1% |
| Gross operating margin | 9900 | -€13,102 | €57,371 | +€70,473 | |
| Operating profit (loss) | 9901 | -€26,189 | -€7,467 | +€18,722 | +71.5% |
| Financial income | 75/76B | - | €30 | +€30 | |
| Recurring financial income | 75 | - | €30 | +€30 | |
| Financial charges | 65/66B | €1,105 | €1,160 | +€55 | +5.0% |
| Recurring financial charges | 65 | €1,105 | €1,160 | +€55 | +5.0% |
| Profit (loss) for the period before taxes | 9903 | -€27,295 | -€8,597 | +€18,698 | +68.5% |
| Income taxes | 67/77 | -€6,483 | €5,394 | +€11,876 | |
| Profit (loss) for the period | 9904 | -€20,812 | -€13,990 | +€6,821 | +32.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€20,812 | -€13,990 | +€6,821 | +32.8% |
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 11 October 2026 via checked.be.