AP Management & Consulting: 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 Management & Consulting
Largest movements
- Cash -€25,479
down €25,479 (-53.5%), from €47,597 to €22,118
mainly Net result for the year (-€17,098) and Tax, wage and social debts (-€7,727)
- Receivables within one year +€5,589
up €5,589 (+11.7%), from €47,824 to €53,413
of which Trade receivables: +€5,550
- Tangible fixed assets -€2,704
down €2,704 (-15.5%), from €17,418 to €14,714
of which Other tangible fixed assets: -€2,478
- Profit (loss) carried forward -€17,098
down €17,098 (-74.4%), from €22,973 to €5,875
- Tax, wage and social debts -€7,727
down €7,727 (-77.8%), from €9,927 to €2,200
of which Taxes: -€5,000
- Other debts +€2,002
new in 2025: €2,002
- Gross operating margin -€49,137
down €49,137, from €32,926 to -€16,211
- Taxes -€11,392
down €11,392, from €9,000 to -€2,392
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 | €113,024 | €90,430 | -€22,594 | -20.0% |
| Fixed assets | 21/28 | €17,603 | €14,899 | -€2,704 | -15.4% |
| Tangible fixed assets | 22/27 | €17,418 | €14,714 | -€2,704 | -15.5% |
| Furniture and vehicles | 24 | €695 | €469 | -€226 | -32.5% |
| Other tangible fixed assets | 26 | €16,723 | €14,245 | -€2,478 | -14.8% |
| Financial fixed assets | 28 | €185 | €185 | = | 0.0% |
| Current assets | 29/58 | €95,421 | €75,531 | -€19,890 | -20.8% |
| Amounts receivable within one year | 40/41 | €47,824 | €53,413 | +€5,589 | +11.7% |
| Trade receivables | 40 | €27 | €5,577 | +€5,550 | +20,556% |
| Other amounts receivable | 41 | €47,797 | €47,836 | +€39 | +0.1% |
| Cash at bank and in hand | 54/58 | €47,597 | €22,118 | -€25,479 | -53.5% |
| Total equity and liabilities | 10/49 | €113,024 | €90,430 | -€22,594 | -20.0% |
| Equity | 10/15 | €102,654 | €85,556 | -€17,098 | -16.7% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €75,681 | €75,681 | = | 0.0% |
| Tax-exempt reserves | 132 | €681 | €681 | = | 0.0% |
| Distributable reserves | 133 | €75,000 | €75,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €22,973 | €5,875 | -€17,098 | -74.4% |
| Amounts payable | 17/49 | €10,370 | €4,874 | -€5,496 | -53.0% |
| Amounts payable within one year | 42/48 | €10,370 | €4,874 | -€5,496 | -53.0% |
| Trade debts | 44 | €443 | €672 | +€229 | +51.7% |
| Suppliers | 440/4 | €443 | €672 | +€229 | +51.7% |
| Taxes, remuneration and social security | 45 | €9,927 | €2,200 | -€7,727 | -77.8% |
| Taxes | 450/3 | €5,000 | - | -€5,000 | |
| Remuneration and social security | 454/9 | €4,927 | €2,200 | -€2,727 | -55.3% |
| Other amounts payable | 47/48 | - | €2,002 | +€2,002 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,974 | €2,704 | -€270 | -9.1% |
| Other operating charges | 640/8 | €496 | €471 | -€25 | -5.0% |
| Gross operating margin | 9900 | €32,926 | -€16,211 | -€49,137 | |
| Operating profit (loss) | 9901 | €29,456 | -€19,386 | -€48,842 | |
| Financial charges | 65/66B | €140 | €104 | -€36 | -25.7% |
| Recurring financial charges | 65 | €140 | €104 | -€36 | -25.7% |
| Non-recurring financial charges | 66B | €0 | - | = | |
| Profit (loss) for the period before taxes | 9903 | €29,316 | -€19,490 | -€48,806 | |
| Income taxes | 67/77 | €9,000 | -€2,392 | -€11,392 | |
| Profit (loss) for the period | 9904 | €20,316 | -€17,098 | -€37,414 | |
| Profit (loss) for the period to be appropriated | 9905 | €20,316 | -€17,098 | -€37,414 |
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 21 October 2026 via checked.be.