A2pix: 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.
A2pix
Largest movements
- Cash -€5,129
down €5,129 (-17.3%), from €29,700 to €24,571
mainly Contributions, distributions and other (-€19,086) and Trade debts (-€17,503)
- Receivables within one year +€1,042
up €1,042 (+5.4%), from €19,300 to €20,343
of which Trade receivables: +€2,083
- Trade debts -€17,503
down €17,503 (-62.4%), from €28,033 to €10,530
- Other debts +€11,086
up €11,086 (+110.4%), from €10,045 to €21,131
- Tax, wage and social debts +€2,331
new in 2025: €2,331
- Gross operating margin +€10,811
up €10,811 (+123.6%), from €8,748 to €19,559
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 | €49,000 | €44,914 | -€4,086 | -8.3% |
| Current assets | 29/58 | €49,000 | €44,914 | -€4,086 | -8.3% |
| Amounts receivable within one year | 40/41 | €19,300 | €20,343 | +€1,042 | +5.4% |
| Trade receivables | 40 | €18,260 | €20,343 | +€2,083 | +11.4% |
| Other amounts receivable | 41 | €1,041 | - | -€1,041 | |
| Cash at bank and in hand | 54/58 | €29,700 | €24,571 | -€5,129 | -17.3% |
| Total equity and liabilities | 10/49 | €49,000 | €44,914 | -€4,086 | -8.3% |
| Equity | 10/15 | €10,923 | €10,923 | = | 0.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,665 | €1,665 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,665 | €1,665 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,665 | €1,665 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,058 | €3,058 | = | 0.0% |
| Amounts payable | 17/49 | €38,078 | €33,991 | -€4,086 | -10.7% |
| Amounts payable within one year | 42/48 | €38,078 | €33,991 | -€4,086 | -10.7% |
| Trade debts | 44 | €28,033 | €10,530 | -€17,503 | -62.4% |
| Suppliers | 440/4 | €28,033 | €10,530 | -€17,503 | -62.4% |
| Taxes, remuneration and social security | 45 | - | €2,331 | +€2,331 | |
| Taxes | 450/3 | - | €2,331 | +€2,331 | |
| Other amounts payable | 47/48 | €10,045 | €21,131 | +€11,086 | +110.4% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €8,748 | €19,559 | +€10,811 | +123.6% |
| Operating profit (loss) | 9901 | €8,361 | €19,159 | +€10,799 | +129.2% |
| Financial income | 75/76B | - | €124 | +€124 | |
| Recurring financial income | 75 | - | €124 | +€124 | |
| Financial charges | 65/66B | €190 | €198 | +€8 | +4.2% |
| Recurring financial charges | 65 | €190 | €198 | +€8 | +4.2% |
| Profit (loss) for the period before taxes | 9903 | €8,171 | €19,086 | +€10,915 | +133.6% |
| Profit (loss) for the period | 9904 | €8,171 | €19,086 | +€10,915 | +133.6% |
| Profit (loss) for the period to be appropriated | 9905 | €8,171 | €19,086 | +€10,915 | +133.6% |
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 9 October 2026 via checked.be.