A.P.C. Group: 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.
What changed
A.P.C. Group
NACE 81.210, General cleaning of buildings
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€918,396
2024 · €1.0m-€99,509
Equity
€9.7m
2024 · €8.8m+€918,396
Cash
€511,216
2024 · €1.9m-€1.4m
Balance sheet total
€10.0m
2024 · €9.1m+€949,687
Largest movements
Assets
- Current investments +€4.3m
up €4.3m (+163%), from €2.6m to €6.9m
- Financial fixed assets -€2.8m
down €2.8m (-85.1%), from €3.3m to €491,450
- Cash -€1.4m
down €1.4m (-73.2%), from €1.9m to €511,216
mainly Current investments (-€4.3m) and Receivables after one year (-€900,000)
- Receivables after one year +€900,000
new in 2025: €900,000
Equity and liabilities
- Reserves +€918,396
up €918,396 (+21.1%), from €4.3m to €5.3m
of which Distributable reserves: +€888,396
Income statement
- Gross operating margin -€240,522
down €240,522 (-43.4%), from €554,412 to €313,890
- Taxes -€112,691
down €112,691 (-43.9%), from €256,905 to €144,214
- Financial income +€36,003
up €36,003 (+3.8%), from €955,350 to €991,353
of which Non-recurring financial income: +€172,200
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.
Result 2024
€1.0m
Gross operating margin
-€240,522
Staff costs
-€1,893
Depreciation
-€2,726
Other operating charges
-€2,174
Other operating items
+€134
Financial income
+€36,003
Financial charges
-€1,022
Taxes
+€112,691
Result 2025
€918,396
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€122,596
Investment
-€1.5m
Financing
-€6,308
Cash 2024
€1.9m
From operations (derived)
+€122,596
Net result for the year
+€918,396
Depreciation
+€44,172
Receivables after one year
-€900,000
Smaller working-capital items
-€647
Receivables within one year
+€23,069
Trade debts
+€30,235
Tax, wage and social debts
-€13,831
Other debts
+€21,201
Investment (derived)
-€1.5m
Investment in fixed assets (net)
+€2.8m
Current investments
-€4.3m
Financing
-€6,308
Debts after one year
-€2,645
Current portion of long-term debt
-€3,664
Cash 2025
€511,216
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €9,091,396 | €10,041,083 | +€949,687 | +10.4% |
| Fixed assets | 21/28 | €4,006,993 | €1,170,854 | -€2.8m | -70.8% |
| Intangible fixed assets | 21 | €892 | €652 | -€240 | -26.9% |
| Tangible fixed assets | 22/27 | €711,850 | €678,752 | -€33,098 | -4.6% |
| Land and buildings | 22 | €674,172 | €644,104 | -€30,068 | -4.5% |
| Plant, machinery and equipment | 23 | €1,524 | €9,701 | +€8,177 | +537% |
| Furniture and vehicles | 24 | €36,155 | €24,077 | -€12,078 | -33.4% |
| Other tangible fixed assets | 26 | - | €871 | +€871 | |
| Financial fixed assets | 28 | €3,294,250 | €491,450 | -€2.8m | -85.1% |
| Current assets | 29/58 | €5,084,404 | €8,870,229 | +€3.8m | +74.5% |
| Amounts receivable after more than one year | 29 | - | €900,000 | +€900,000 | |
| Other amounts receivable | 291 | - | €900,000 | +€900,000 | |
| Stocks and contracts in progress | 3 | €3,929 | €3,476 | -€453 | -11.5% |
| Stocks | 30/36 | €3,929 | €3,476 | -€453 | -11.5% |
| Amounts receivable within one year | 40/41 | €472,237 | €449,168 | -€23,069 | -4.9% |
| Trade receivables | 40 | €439,870 | €254,479 | -€185,391 | -42.1% |
| Other amounts receivable | 41 | €32,367 | €194,689 | +€162,322 | +502% |
| Current investments | 50/53 | €2,635,169 | €6,936,903 | +€4.3m | +163% |
| Cash at bank and in hand | 54/58 | €1,904,697 | €511,216 | -€1.4m | -73.2% |
| Deferred charges and accrued income | 490/1 | €68,373 | €69,466 | +€1,093 | +1.6% |
| Total equity and liabilities | 10/49 | €9,091,396 | €10,041,083 | +€949,687 | +10.4% |
| Equity | 10/15 | €8,815,505 | €9,733,901 | +€918,396 | +10.4% |
| Contributions | 10/11 | €300,000 | €300,000 | = | 0.0% |
| Reserves | 13 | €4,346,995 | €5,265,391 | +€918,396 | +21.1% |
| Non-distributable reserves | 130/1 | - | €30,000 | +€30,000 | |
| Reserves not available under the articles | 1311 | - | €30,000 | +€30,000 | |
| Distributable reserves | 133 | €4,346,995 | €5,235,391 | +€888,396 | +20.4% |
| Profit (loss) carried forward | 14 | €4,168,509 | €4,168,509 | = | 0.0% |
| Amounts payable | 17/49 | €275,892 | €307,182 | +€31,291 | +11.3% |
| Amounts payable after more than one year | 17 | €2,645 | - | -€2,645 | |
| Financial debts | 170/4 | €2,645 | - | -€2,645 | |
| Amounts payable within one year | 42/48 | €273,240 | €307,182 | +€33,942 | +12.4% |
| Current portion of amounts payable after more than one year | 42 | €6,832 | €3,168 | -€3,664 | -53.6% |
| Trade debts | 44 | €76,346 | €106,581 | +€30,235 | +39.6% |
| Suppliers | 440/4 | €76,346 | €106,581 | +€30,235 | +39.6% |
| Taxes, remuneration and social security | 45 | €190,063 | €176,232 | -€13,831 | -7.3% |
| Taxes | 450/3 | €107,112 | €132,308 | +€25,196 | +23.5% |
| Remuneration and social security | 454/9 | €82,951 | €43,924 | -€39,027 | -47.0% |
| Other amounts payable | 47/48 | - | €21,201 | +€21,201 | |
| Accrued charges and deferred income | 492/3 | €7 | - | -€7 | |
| Non-recurring operating income | 76A | €1,900 | - | -€1,900 | |
| Remuneration, social security and pensions | 62 | €176,209 | €178,102 | +€1,893 | +1.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €41,446 | €44,172 | +€2,726 | +6.6% |
| Other operating charges | 640/8 | €8,339 | €10,514 | +€2,174 | +26.1% |
| Non-recurring operating charges | 66A | €134 | - | -€134 | |
| Gross operating margin | 9900 | €554,412 | €313,890 | -€240,522 | -43.4% |
| Operating profit (loss) | 9901 | €328,284 | €81,102 | -€247,181 | -75.3% |
| Financial income | 75/76B | €955,350 | €991,353 | +€36,003 | +3.8% |
| Recurring financial income | 75 | €955,350 | €819,153 | -€136,197 | -14.3% |
| Non-recurring financial income | 76B | - | €172,200 | +€172,200 | |
| Financial charges | 65/66B | €8,823 | €9,846 | +€1,022 | +11.6% |
| Recurring financial charges | 65 | €8,823 | €9,846 | +€1,022 | +11.6% |
| Profit (loss) for the period before taxes | 9903 | €1,274,810 | €1,062,610 | -€212,200 | -16.6% |
| Income taxes | 67/77 | €256,905 | €144,214 | -€112,691 | -43.9% |
| Profit (loss) for the period | 9904 | €1,017,905 | €918,396 | -€99,509 | -9.8% |
| Profit (loss) for the period to be appropriated | 9905 | €1,017,905 | €918,396 | -€99,509 | -9.8% |
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 21 October 2026 via checked.be.