Ann Apers: what changed
Two fiscal 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.
Ann Apers
Largest movements
- Tangible fixed assets +€39,335
up €39,335 (+618.0%), from €6,364 to €45,699
of which Furniture and vehicles: +€40,623
- Cash +€11,131
up €11,131 (+17.8%), from €62,581 to €73,712
mainly Net result for the year (+€48,865) and Tax, wage and social debts (+€6,577)
- Deferred charges and accrued income +€3,542
up €3,542 (+747.2%), from €474 to €4,016
- Reserves +€25,000
up €25,000 (+103.1%), from €24,249 to €49,249
- Profit (loss) carried forward +€23,865
up €23,865 (+54.9%), from €43,495 to €67,360
- Tax, wage and social debts +€6,577
new in 2025: €6,577
- Gross operating margin +€11,269
up €11,269 (+19.8%), from €56,919 to €68,189
- Taxes +€4,049
up €4,049 (+35.4%), from €11,435 to €15,483
- Depreciation +€3,566
up €3,566 (+4591.5%), from €78 to €3,643
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 | €72,325 | €125,892 | +€53,567 | +74.1% |
| Fixed assets | 21/28 | €6,364 | €45,699 | +€39,335 | +618.0% |
| Tangible fixed assets | 22/27 | €6,364 | €45,699 | +€39,335 | +618.0% |
| Plant, machinery and equipment | 23 | €6,364 | €5,076 | -€1,288 | -20.2% |
| Furniture and vehicles | 24 | - | €40,623 | +€40,623 | |
| Current assets | 29/58 | €65,961 | €80,193 | +€14,232 | +21.6% |
| Amounts receivable within one year | 40/41 | €2,906 | €2,465 | -€441 | -15.2% |
| Other amounts receivable | 41 | €2,906 | €2,465 | -€441 | -15.2% |
| Cash at bank and in hand | 54/58 | €62,581 | €73,712 | +€11,131 | +17.8% |
| Deferred charges and accrued income | 490/1 | €474 | €4,016 | +€3,542 | +747.2% |
| Total equity and liabilities | 10/49 | €72,325 | €125,892 | +€53,567 | +74.1% |
| Equity | 10/15 | €69,745 | €118,609 | +€48,865 | +70.1% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €24,249 | €49,249 | +€25,000 | +103.1% |
| Distributable reserves | 133 | €24,249 | €49,249 | +€25,000 | +103.1% |
| Profit (loss) carried forward | 14 | €43,495 | €67,360 | +€23,865 | +54.9% |
| Amounts payable | 17/49 | €2,581 | €7,283 | +€4,702 | +182.2% |
| Amounts payable within one year | 42/48 | €2,581 | €7,205 | +€4,624 | +179.2% |
| Trade debts | 44 | €915 | - | -€915 | |
| Suppliers | 440/4 | €915 | - | -€915 | |
| Taxes, remuneration and social security | 45 | - | €6,577 | +€6,577 | |
| Taxes | 450/3 | - | €6,577 | +€6,577 | |
| Other amounts payable | 47/48 | €1,666 | €628 | -€1,038 | -62.3% |
| Accrued charges and deferred income | 492/3 | - | €78 | +€78 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €78 | €3,643 | +€3,566 | +4591.5% |
| Other operating charges | 640/8 | €387 | €459 | +€72 | +18.6% |
| Gross operating margin | 9900 | €56,919 | €68,189 | +€11,269 | +19.8% |
| Operating profit (loss) | 9901 | €56,454 | €64,086 | +€7,631 | +13.5% |
| Financial income | 75/76B | €165 | €310 | +€145 | +87.4% |
| Recurring financial income | 75 | €165 | €310 | +€145 | +87.4% |
| Financial charges | 65/66B | €24 | €48 | +€24 | +101.0% |
| Recurring financial charges | 65 | €24 | €48 | +€24 | +101.0% |
| Profit (loss) for the period before taxes | 9903 | €56,596 | €64,348 | +€7,752 | +13.7% |
| Income taxes | 67/77 | €11,435 | €15,483 | +€4,049 | +35.4% |
| Profit (loss) for the period | 9904 | €45,161 | €48,865 | +€3,703 | +8.2% |
| Profit (loss) for the period to be appropriated | 9905 | €45,161 | €48,865 | +€3,703 | +8.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.