APACHE BELGIUM: 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.
What changed
APACHE BELGIUM
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€27,838
2023 · €79,773-€51,935
Equity
€1.6m
2023 · €1.6m+€27,838
Cash
€15,048
2023 · €22,440-€7,393
Balance sheet total
€4.7m
2023 · €4.6m+€35,544
Largest movements
Assets
No asset line moved by more than 1% of the balance sheet total.
Equity and liabilities
- Accrued charges and deferred income +€110,075
up €110,075 (+1390.7%), from €7,915 to €117,991
- Debts after one year -€103,423
down €103,423 (-4.0%), from €2.6m to €2.5m
Income statement
- Gross operating margin -€109,737
down €109,737 (-28.7%), from €382,809 to €273,072
- Financial charges -€6,599
down €6,599 (-9.1%), from €72,631 to €66,032
- Depreciation -€6,122
down €6,122 (-3.2%), from €191,829 to €185,707
From the 2023 result to the 2024 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.
Result 2023
€79,773
Gross operating margin
-€109,737
Depreciation
+€6,122
Other operating charges
-€2,085
Financial income
-€271
Financial charges
+€6,599
Deferred taxes and other
+€47,436
Result 2024
€27,838
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
+€270,945
Investment
-€184,648
Financing
-€93,689
Cash 2023
€22,440
From operations (derived)
+€270,945
Net result for the year
+€27,838
Depreciation
+€185,707
Receivables within one year
-€30,253
Deferred charges and accrued income
-€13,742
Provisions
-€2,043
Trade debts
-€33,352
Tax, wage and social debts
+€16,500
Other debts
+€10,214
Accrued charges and deferred income
+€110,075
Investment (derived)
-€184,648
Investment in fixed assets (net)
-€184,648
Financing
-€93,689
Debts after one year
-€103,423
Current portion of long-term debt
+€9,734
Cash 2024
€15,048
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,637,953 | €4,673,497 | +€35,544 | +0.8% |
| Fixed assets | 21/28 | €3,388,699 | €3,387,641 | -€1,058 | 0.0% |
| Tangible fixed assets | 22/27 | €3,088,699 | €3,087,641 | -€1,058 | 0.0% |
| Land and buildings | 22 | €2,962,762 | €2,963,624 | +€862 | 0.0% |
| Plant, machinery and equipment | 23 | €49,982 | €58,486 | +€8,503 | +17.0% |
| Furniture and vehicles | 24 | €2,479 | €1,243 | -€1,236 | -49.9% |
| Other tangible fixed assets | 26 | €73,476 | €64,288 | -€9,188 | -12.5% |
| Financial fixed assets | 28 | €300,000 | €300,000 | = | 0.0% |
| Current assets | 29/58 | €1,249,254 | €1,285,856 | +€36,602 | +2.9% |
| Amounts receivable after more than one year | 29 | €1,068,764 | €1,068,764 | = | 0.0% |
| Other amounts receivable | 291 | €1,068,764 | €1,068,764 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €157,795 | €188,048 | +€30,253 | +19.2% |
| Trade receivables | 40 | - | €10,000 | +€10,000 | |
| Other amounts receivable | 41 | €157,795 | €178,048 | +€20,253 | +12.8% |
| Cash at bank and in hand | 54/58 | €22,440 | €15,048 | -€7,393 | -32.9% |
| Deferred charges and accrued income | 490/1 | €254 | €13,996 | +€13,742 | +5409.5% |
| Total equity and liabilities | 10/49 | €4,637,953 | €4,673,497 | +€35,544 | +0.8% |
| Equity | 10/15 | €1,558,451 | €1,586,289 | +€27,838 | +1.8% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Revaluation surpluses | 12 | €1,040,000 | €1,040,000 | = | 0.0% |
| Reserves | 13 | €670,834 | €664,704 | -€6,130 | -0.9% |
| Tax-exempt reserves | 132 | €670,834 | €664,704 | -€6,130 | -0.9% |
| Profit (loss) carried forward | 14 | -€214,383 | -€180,415 | +€33,968 | +15.8% |
| Provisions and deferred taxes | 16 | €223,611 | €221,568 | -€2,043 | -0.9% |
| Deferred taxes | 168 | €223,611 | €221,568 | -€2,043 | -0.9% |
| Amounts payable | 17/49 | €2,855,891 | €2,865,640 | +€9,749 | +0.3% |
| Amounts payable after more than one year | 17 | €2,610,152 | €2,506,728 | -€103,423 | -4.0% |
| Financial debts | 170/4 | €2,610,152 | €2,506,728 | -€103,423 | -4.0% |
| Amounts payable within one year | 42/48 | €237,824 | €240,921 | +€3,097 | +1.3% |
| Current portion of amounts payable after more than one year | 42 | €192,827 | €202,561 | +€9,734 | +5.0% |
| Trade debts | 44 | €36,075 | €2,724 | -€33,352 | -92.4% |
| Suppliers | 440/4 | €36,075 | €2,724 | -€33,352 | -92.4% |
| Taxes, remuneration and social security | 45 | €1,500 | €18,000 | +€16,500 | +1100.0% |
| Remuneration and social security | 454/9 | €1,500 | €18,000 | +€16,500 | +1100.0% |
| Other amounts payable | 47/48 | €7,421 | €17,635 | +€10,214 | +137.6% |
| Accrued charges and deferred income | 492/3 | €7,915 | €117,991 | +€110,075 | +1390.7% |
| Non-recurring operating income | 76A | €188,513 | - | -€188,513 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €191,829 | €185,707 | -€6,122 | -3.2% |
| Other operating charges | 640/8 | €37,603 | €39,688 | +€2,085 | +5.5% |
| Gross operating margin | 9900 | €382,809 | €273,072 | -€109,737 | -28.7% |
| Operating profit (loss) | 9901 | €153,377 | €47,677 | -€105,700 | -68.9% |
| Financial income | 75/76B | €44,421 | €44,150 | -€271 | -0.6% |
| Recurring financial income | 75 | €44,421 | €44,150 | -€271 | -0.6% |
| Financial charges | 65/66B | €72,631 | €66,032 | -€6,599 | -9.1% |
| Recurring financial charges | 65 | €72,631 | €66,032 | -€6,599 | -9.1% |
| Profit (loss) for the period before taxes | 9903 | €125,167 | €25,795 | -€99,372 | -79.4% |
| Transfer from deferred taxes | 780 | €1,735 | €2,043 | +€308 | +17.8% |
| Transfer to deferred taxes | 680 | €47,128 | - | -€47,128 | |
| Profit (loss) for the period | 9904 | €79,773 | €27,838 | -€51,935 | -65.1% |
| Transfer from tax-exempt reserves | 789 | €5,205 | €6,130 | +€925 | +17.8% |
| Transfer to tax-exempt reserves | 689 | €141,385 | - | -€141,385 | |
| Profit (loss) for the period to be appropriated | 9905 | -€56,406 | €33,968 | +€90,374 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.