AP/CO: 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.
AP/CO
Largest movements
- Receivables within one year -€62,100
down €62,100 (-83.7%), from €74,200 to €12,100
- Debts after one year -€649,466
down €649,466 (-19.9%), from €3.3m to €2.6m
- Profit (loss) carried forward +€315,396
up €315,396 (+78.8%), from €400,487 to €715,883
- Current portion of long-term debt +€300,513
up €300,513 (+218.0%), from €137,843 to €438,356
- Financial income +€105,000
up €105,000 (+51.2%), from €205,000 to €310,000
- Financial charges +€6,438
up €6,438 (+6.2%), from €103,564 to €110,002
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,096,327 | €4,033,290 | -€63,037 | -1.5% |
| Fixed assets | 21/28 | €4,020,000 | €4,020,000 | = | 0.0% |
| Financial fixed assets | 28 | €4,020,000 | €4,020,000 | = | 0.0% |
| Current assets | 29/58 | €76,327 | €13,290 | -€63,037 | -82.6% |
| Amounts receivable within one year | 40/41 | €74,200 | €12,100 | -€62,100 | -83.7% |
| Other amounts receivable | 41 | €74,200 | €12,100 | -€62,100 | -83.7% |
| Cash at bank and in hand | 54/58 | €2,127 | €1,190 | -€937 | -44.1% |
| Total equity and liabilities | 10/49 | €4,096,327 | €4,033,290 | -€63,037 | -1.5% |
| Equity | 10/15 | €650,487 | €965,883 | +€315,396 | +48.5% |
| Contributions | 10/11 | €250,000 | €250,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €400,487 | €715,883 | +€315,396 | +78.8% |
| Amounts payable | 17/49 | €3,445,840 | €3,067,407 | -€378,433 | -11.0% |
| Amounts payable after more than one year | 17 | €3,271,242 | €2,621,775 | -€649,466 | -19.9% |
| Financial debts | 170/4 | €3,271,242 | €2,621,775 | -€649,466 | -19.9% |
| Amounts payable within one year | 42/48 | €149,398 | €445,632 | +€296,233 | +198.3% |
| Current portion of amounts payable after more than one year | 42 | €137,843 | €438,356 | +€300,513 | +218.0% |
| Trade debts | 44 | - | €835 | +€835 | |
| Suppliers | 440/4 | - | €835 | +€835 | |
| Taxes, remuneration and social security | 45 | €11,555 | €6,441 | -€5,114 | -44.3% |
| Taxes | 450/3 | €11,555 | €6,441 | -€5,114 | -44.3% |
| Accrued charges and deferred income | 492/3 | €25,200 | - | -€25,200 | |
| Other operating charges | 640/8 | €551 | €1,118 | +€567 | +102.9% |
| Gross operating margin | 9900 | €117,280 | €116,837 | -€443 | -0.4% |
| Operating profit (loss) | 9901 | €116,729 | €115,719 | -€1,010 | -0.9% |
| Financial income | 75/76B | €205,000 | €310,000 | +€105,000 | +51.2% |
| Recurring financial income | 75 | €205,000 | €310,000 | +€105,000 | +51.2% |
| Financial charges | 65/66B | €103,564 | €110,002 | +€6,438 | +6.2% |
| Recurring financial charges | 65 | €103,564 | €110,002 | +€6,438 | +6.2% |
| Profit (loss) for the period before taxes | 9903 | €218,164 | €315,717 | +€97,553 | +44.7% |
| Income taxes | 67/77 | - | €322 | +€322 | |
| Profit (loss) for the period | 9904 | €218,164 | €315,396 | +€97,231 | +44.6% |
| Profit (loss) for the period to be appropriated | 9905 | €218,164 | €315,396 | +€97,231 | +44.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.