A.P. SOINS: 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. SOINS
Largest movements
- Tangible fixed assets +€13,425
up €13,425 (+8.7%), from €154,346 to €167,771
of which Furniture and vehicles: +€21,500
- Cash +€9,239
up €9,239 (+5.7%), from €162,298 to €171,537
mainly Net result for the year (+€30,751) and Depreciation (+€12,802)
- Reserves +€30,751
up €30,751 (+26.1%), from €117,661 to €148,413
of which Distributable reserves: +€30,751
- Profit (loss) carried forward -€10,000
down €10,000 (-7.2%), from €138,128 to €128,128
- Current portion of long-term debt +€4,220
up €4,220 (+43.3%), from €9,736 to €13,956
- Depreciation -€11,075
down €11,075 (-46.4%), from €23,876 to €12,802
- Gross operating margin -€5,867
down €5,867 (-8.1%), from €72,359 to €66,492
- Taxes +€3,094
up €3,094 (+22.8%), from €13,594 to €16,688
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 | €337,814 | €361,126 | +€23,313 | +6.9% |
| Fixed assets | 21/28 | €155,185 | €168,396 | +€13,211 | +8.5% |
| Intangible fixed assets | 21 | €838 | €624 | -€214 | -25.5% |
| Tangible fixed assets | 22/27 | €154,346 | €167,771 | +€13,425 | +8.7% |
| Land and buildings | 22 | €102,121 | €94,046 | -€8,075 | -7.9% |
| Furniture and vehicles | 24 | €52,225 | €73,725 | +€21,500 | +41.2% |
| Current assets | 29/58 | €182,629 | €192,731 | +€10,102 | +5.5% |
| Amounts receivable within one year | 40/41 | €3,033 | €2,812 | -€221 | -7.3% |
| Trade receivables | 40 | €3,033 | €2,812 | -€221 | -7.3% |
| Current investments | 50/53 | €17,299 | €17,269 | -€29 | -0.2% |
| Cash at bank and in hand | 54/58 | €162,298 | €171,537 | +€9,239 | +5.7% |
| Deferred charges and accrued income | 490/1 | - | €1,113 | +€1,113 | |
| Total equity and liabilities | 10/49 | €337,814 | €361,126 | +€23,313 | +6.9% |
| Equity | 10/15 | €274,390 | €295,141 | +€20,751 | +7.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €117,661 | €148,413 | +€30,751 | +26.1% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €115,801 | €146,553 | +€30,751 | +26.6% |
| Profit (loss) carried forward | 14 | €138,128 | €128,128 | -€10,000 | -7.2% |
| Amounts payable | 17/49 | €63,424 | €65,986 | +€2,561 | +4.0% |
| Amounts payable after more than one year | 17 | €26,180 | €25,631 | -€549 | -2.1% |
| Financial debts | 170/4 | €26,180 | €25,631 | -€549 | -2.1% |
| Amounts payable within one year | 42/48 | €37,244 | €40,354 | +€3,111 | +8.4% |
| Current portion of amounts payable after more than one year | 42 | €9,736 | €13,956 | +€4,220 | +43.3% |
| Trade debts | 44 | €2,134 | €1,414 | -€720 | -33.7% |
| Suppliers | 440/4 | €2,134 | €1,414 | -€720 | -33.7% |
| Taxes, remuneration and social security | 45 | €8,666 | €7,050 | -€1,616 | -18.6% |
| Taxes | 450/3 | €7,683 | €6,020 | -€1,663 | -21.6% |
| Remuneration and social security | 454/9 | €983 | €1,030 | +€47 | +4.8% |
| Other amounts payable | 47/48 | €16,708 | €17,935 | +€1,227 | +7.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,876 | €12,802 | -€11,075 | -46.4% |
| Other operating charges | 640/8 | €2,724 | €3,124 | +€400 | +14.7% |
| Non-recurring operating charges | 66A | - | €1,895 | +€1,895 | |
| Gross operating margin | 9900 | €72,359 | €66,492 | -€5,867 | -8.1% |
| Operating profit (loss) | 9901 | €45,759 | €48,672 | +€2,913 | +6.4% |
| Financial income | 75/76B | €1,604 | €1,608 | +€4 | +0.2% |
| Recurring financial income | 75 | €1,604 | €1,608 | +€4 | +0.2% |
| Financial charges | 65/66B | €2,638 | €2,841 | +€203 | +7.7% |
| Recurring financial charges | 65 | €2,638 | €2,841 | +€203 | +7.7% |
| Profit (loss) for the period before taxes | 9903 | €44,726 | €47,440 | +€2,714 | +6.1% |
| Income taxes | 67/77 | €13,594 | €16,688 | +€3,094 | +22.8% |
| Profit (loss) for the period | 9904 | €31,131 | €30,751 | -€380 | -1.2% |
| Profit (loss) for the period to be appropriated | 9905 | €31,131 | €30,751 | -€380 | -1.2% |
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 14 October 2026 via checked.be.