APA HOLDING: 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.
APA HOLDING
Largest movements
- Receivables within one year -€150,387
down €150,387 (-100%), from €150,387 to €0
- Current investments +€150,000
new in 2025: €150,000
- Cash -€55,140
down €55,140 (-82.6%), from €66,726 to €11,586
mainly Current investments (-€150,000) and Debts after one year (-€139,965)
- Profit (loss) carried forward -€216,520
down €216,520 (-53.6%), from €404,261 to €187,741
- Reserves +€150,000
new in 2025: €150,000
- Debts after one year -€139,965
down €139,965 (-19.0%), from €734,879 to €594,914
of which Financial debts: -€139,965
- Other debts +€124,865
up €124,865 (+2,775%), from €4,500 to €129,365
- Current portion of long-term debt +€28,603
up €28,603 (+39.2%), from €72,928 to €101,532
- Financial income -€260,000
down €260,000 (-100%), from €260,000 to €0
- Gross operating margin -€19,875
down €19,875 (-218%), from -€9,126 to -€29,000
- Financial charges +€19,174
up €19,174 (+107%), from €17,958 to €37,132
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 | €1,228,363 | €1,172,836 | -€55,527 | -4.5% |
| Fixed assets | 21/28 | €1,011,250 | €1,011,250 | = | 0.0% |
| Financial fixed assets | 28 | €1,011,250 | €1,011,250 | = | 0.0% |
| Current assets | 29/58 | €217,113 | €161,586 | -€55,527 | -25.6% |
| Amounts receivable within one year | 40/41 | €150,387 | €0 | -€150,387 | -100% |
| Other amounts receivable | 41 | €150,387 | €0 | -€150,387 | -100% |
| Current investments | 50/53 | - | €150,000 | +€150,000 | |
| Cash at bank and in hand | 54/58 | €66,726 | €11,586 | -€55,140 | -82.6% |
| Total equity and liabilities | 10/49 | €1,228,363 | €1,172,836 | -€55,527 | -4.5% |
| Equity | 10/15 | €413,261 | €346,741 | -€66,520 | -16.1% |
| Contributions | 10/11 | €9,000 | €9,000 | = | 0.0% |
| Reserves | 13 | - | €150,000 | +€150,000 | |
| Non-distributable reserves | 130/1 | - | €150,000 | +€150,000 | |
| Own shares acquired | 1312 | - | €150,000 | +€150,000 | |
| Profit (loss) carried forward | 14 | €404,261 | €187,741 | -€216,520 | -53.6% |
| Amounts payable | 17/49 | €815,103 | €826,095 | +€10,993 | +1.3% |
| Amounts payable after more than one year | 17 | €734,879 | €594,914 | -€139,965 | -19.0% |
| Financial debts | 170/4 | €734,879 | €594,914 | -€139,965 | -19.0% |
| Other amounts payable | 178/9 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €80,223 | €231,181 | +€150,958 | +188% |
| Current portion of amounts payable after more than one year | 42 | €72,928 | €101,532 | +€28,603 | +39.2% |
| Trade debts | 44 | €2,795 | €284 | -€2,511 | -89.8% |
| Suppliers | 440/4 | €2,795 | €284 | -€2,511 | -89.8% |
| Other amounts payable | 47/48 | €4,500 | €129,365 | +€124,865 | +2,775% |
| Other operating charges | 640/8 | €384 | €387 | +€3 | +0.8% |
| Gross operating margin | 9900 | -€9,126 | -€29,000 | -€19,875 | -218% |
| Operating profit (loss) | 9901 | -€9,510 | -€29,387 | -€19,877 | -209% |
| Financial income | 75/76B | €260,000 | €0 | -€260,000 | -100% |
| Recurring financial income | 75 | €260,000 | €0 | -€260,000 | -100% |
| Financial charges | 65/66B | €17,958 | €37,132 | +€19,174 | +107% |
| Recurring financial charges | 65 | €17,958 | €37,132 | +€19,174 | +107% |
| Profit (loss) for the period before taxes | 9903 | €232,532 | -€66,520 | -€299,052 | |
| Profit (loss) for the period | 9904 | €232,532 | -€66,520 | -€299,052 | |
| Profit (loss) for the period to be appropriated | 9905 | €232,532 | -€66,520 | -€299,052 |
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 22 October 2026 via checked.be.