APACH P & P: 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.
APACH P & P
Largest movements
- Cash +€10,183
up €10,183 (+87.7%), from €11,610 to €21,793
mainly Depreciation (+€8,716) and Tax, wage and social debts (+€1,825)
- Tangible fixed assets -€8,716
down €8,716 (-23.6%), from €36,960 to €28,244
of which Furniture and vehicles: -€8,070
- Receivables within one year +€1,966
up €1,966 (+12.1%), from €16,184 to €18,150
of which Trade receivables: +€2,260
- Tax, wage and social debts +€1,825
up €1,825 (+283%), from €645 to €2,470
- Reserves +€1,714
up €1,714 (+5.5%), from €31,140 to €32,855
of which Non-distributable reserves: +€30,995
- Gross operating margin +€7,972
up €7,972 (+232%), from €3,438 to €11,411
- Turnover +€5,989
up €5,989 (+38.2%), from €15,661 to €21,650
- Purchases and services +€1,148
up €1,148 (+9.4%), from €12,223 to €13,372
- Financial charges -€494
down €494 (-70.9%), from €697 to €202
- Depreciation -€345
down €345 (-3.8%), from €9,061 to €8,716
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 | €65,779 | €69,082 | +€3,303 | +5.0% |
| Fixed assets | 21/28 | €36,960 | €28,244 | -€8,716 | -23.6% |
| Tangible fixed assets | 22/27 | €36,960 | €28,244 | -€8,716 | -23.6% |
| Plant, machinery and equipment | 23 | €646 | - | -€646 | |
| Furniture and vehicles | 24 | €36,314 | €28,244 | -€8,070 | -22.2% |
| Current assets | 29/58 | €28,819 | €40,837 | +€12,019 | +41.7% |
| Amounts receivable within one year | 40/41 | €16,184 | €18,150 | +€1,966 | +12.1% |
| Trade receivables | 40 | €15,890 | €18,150 | +€2,260 | +14.2% |
| Other amounts receivable | 41 | €294 | - | -€294 | |
| Cash at bank and in hand | 54/58 | €11,610 | €21,793 | +€10,183 | +87.7% |
| Deferred charges and accrued income | 490/1 | €1,025 | €895 | -€130 | -12.7% |
| Total equity and liabilities | 10/49 | €65,779 | €69,082 | +€3,303 | +5.0% |
| Equity | 10/15 | €58,002 | €59,717 | +€1,714 | +3.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €31,140 | €32,855 | +€1,714 | +5.5% |
| Non-distributable reserves | 130/1 | - | €30,995 | +€30,995 | |
| Other | 1319 | - | €30,995 | +€30,995 | |
| Distributable reserves | 133 | €31,140 | €1,860 | -€29,280 | -94.0% |
| Profit (loss) carried forward | 14 | €8,262 | €8,262 | = | 0.0% |
| Amounts payable | 17/49 | €7,777 | €9,365 | +€1,589 | +20.4% |
| Amounts payable within one year | 42/48 | €7,777 | €9,365 | +€1,589 | +20.4% |
| Trade debts | 44 | €9 | - | -€9 | |
| Suppliers | 440/4 | €9 | - | -€9 | |
| Taxes, remuneration and social security | 45 | €645 | €2,470 | +€1,825 | +283% |
| Taxes | 450/3 | €645 | €2,470 | +€1,825 | +283% |
| Other amounts payable | 47/48 | €7,123 | €6,895 | -€227 | -3.2% |
| Turnover | 70 | €15,661 | €21,650 | +€5,989 | +38.2% |
| Non-recurring operating income | 76A | - | €3,132 | +€3,132 | |
| Goods, raw materials, services and sundry goods | 60/61 | €12,223 | €13,372 | +€1,148 | +9.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,061 | €8,716 | -€345 | -3.8% |
| Other operating charges | 640/8 | €739 | €465 | -€273 | -37.0% |
| Gross operating margin | 9900 | €3,438 | €11,411 | +€7,972 | +232% |
| Operating profit (loss) | 9901 | -€6,362 | €2,229 | +€8,591 | |
| Financial charges | 65/66B | €697 | €202 | -€494 | -70.9% |
| Recurring financial charges | 65 | €697 | €202 | -€494 | -70.9% |
| Profit (loss) for the period before taxes | 9903 | -€7,059 | €2,027 | +€9,085 | |
| Income taxes | 67/77 | €145 | €312 | +€167 | +116% |
| Profit (loss) for the period | 9904 | -€7,204 | €1,714 | +€8,918 | |
| Profit (loss) for the period to be appropriated | 9905 | -€7,204 | €1,714 | +€8,918 |
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 14 October 2026 via checked.be.