AP AEGIS: 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.
AP AEGIS
Largest movements
- Cash +€89,062
up €89,062 (+1,000%), from €8,904 to €97,967
mainly Net result for the year (+€61,370) and Receivables within one year (+€60,407)
- Receivables within one year -€60,407
down €60,407 (-62.5%), from €96,722 to €36,315
- Deferred charges and accrued income +€1,866
up €1,866 (+3,178%), from €59 to €1,925
- Reserves +€61,370
up €61,370 (+144%), from €42,733 to €104,103
- Tax, wage and social debts -€27,844
down €27,844 (-53.2%), from €52,312 to €24,468
of which Taxes: -€18,344
- Accrued charges and deferred income -€1,937
down €1,937 (-95.6%), from €2,027 to €90
- Gross operating margin +€28,025
up €28,025 (+47.2%), from €59,398 to €87,423
- Taxes +€7,667
up €7,667 (+46.7%), from €16,429 to €24,096
- Financial charges +€1,770
up €1,770 (+949%), from €187 to €1,957
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 | €105,685 | €136,206 | +€30,521 | +28.9% |
| Current assets | 29/58 | €105,685 | €136,206 | +€30,521 | +28.9% |
| Amounts receivable within one year | 40/41 | €96,722 | €36,315 | -€60,407 | -62.5% |
| Trade receivables | 40 | €96,722 | €36,315 | -€60,407 | -62.5% |
| Cash at bank and in hand | 54/58 | €8,904 | €97,967 | +€89,062 | +1,000% |
| Deferred charges and accrued income | 490/1 | €59 | €1,925 | +€1,866 | +3,178% |
| Total equity and liabilities | 10/49 | €105,685 | €136,206 | +€30,521 | +28.9% |
| Equity | 10/15 | €45,733 | €107,103 | +€61,370 | +134% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €42,733 | €104,103 | +€61,370 | +144% |
| Distributable reserves | 133 | €42,733 | €104,103 | +€61,370 | +144% |
| Amounts payable | 17/49 | €59,952 | €29,104 | -€30,849 | -51.5% |
| Amounts payable within one year | 42/48 | €57,925 | €29,014 | -€28,911 | -49.9% |
| Trade debts | 44 | €2,738 | €2,344 | -€394 | -14.4% |
| Suppliers | 440/4 | €2,738 | €2,344 | -€394 | -14.4% |
| Taxes, remuneration and social security | 45 | €52,312 | €24,468 | -€27,844 | -53.2% |
| Taxes | 450/3 | €40,912 | €22,568 | -€18,344 | -44.8% |
| Remuneration and social security | 454/9 | €11,400 | €1,900 | -€9,500 | -83.3% |
| Other amounts payable | 47/48 | €2,875 | €2,202 | -€673 | -23.4% |
| Accrued charges and deferred income | 492/3 | €2,027 | €90 | -€1,937 | -95.6% |
| Other operating charges | 640/8 | €50 | €0 | -€50 | -100% |
| Gross operating margin | 9900 | €59,398 | €87,423 | +€28,025 | +47.2% |
| Operating profit (loss) | 9901 | €59,348 | €87,423 | +€28,075 | +47.3% |
| Financial charges | 65/66B | €187 | €1,957 | +€1,770 | +949% |
| Recurring financial charges | 65 | €187 | €1,957 | +€1,770 | +949% |
| Profit (loss) for the period before taxes | 9903 | €59,161 | €85,466 | +€26,305 | +44.5% |
| Income taxes | 67/77 | €16,429 | €24,096 | +€7,667 | +46.7% |
| Profit (loss) for the period | 9904 | €42,733 | €61,370 | +€18,637 | +43.6% |
| Profit (loss) for the period to be appropriated | 9905 | €42,733 | €61,370 | +€18,637 | +43.6% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.