APALALA: 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.
APALALA
Largest movements
- Receivables within one year -€42,540
down €42,540 (-56.8%), from €74,906 to €32,367
of which Other amounts receivable: -€43,045
- Tangible fixed assets +€4,105
up €4,105 (+34.5%), from €11,900 to €16,006
of which Furniture and vehicles: +€5,232
- Cash -€3,831
down €3,831 (-21.4%), from €17,877 to €14,046
mainly Other debts (-€21,719) and Tax, wage and social debts (-€13,463)
- Deferred charges and accrued income -€1,419
down €1,419 (-59.3%), from €2,393 to €973
- Other debts -€21,719
down €21,719 (-44.5%), from €48,833 to €27,114
- Tax, wage and social debts -€13,463
down €13,463 (-46.0%), from €29,238 to €15,775
of which Taxes: -€15,463
- Trade debts -€6,643
down €6,643 (-77.7%), from €8,546 to €1,902
- Reserves -€1,860
down €1,860 (-100.0%), from €1,860 to €0
- Financial charges +€52,232
up €52,232 (+63196.2%), from €83 to €52,314
- Taxes -€13,193
down €13,193 (-84.8%), from €15,565 to €2,371
- Gross operating margin -€8,097
down €8,097 (-11.1%), from €72,718 to €64,620
- Financial income -€1,132
down €1,132 (-67.7%), from €1,671 to €539
- Depreciation +€1,014
up €1,014 (+52.4%), from €1,935 to €2,949
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.
Cash bridge derived
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 | €107,077 | €63,392 | -€43,685 | -40.8% |
| Fixed assets | 21/28 | €11,900 | €16,006 | +€4,105 | +34.5% |
| Tangible fixed assets | 22/27 | €11,900 | €16,006 | +€4,105 | +34.5% |
| Land and buildings | 22 | €5,580 | €4,809 | -€771 | -13.8% |
| Plant, machinery and equipment | 23 | €3,145 | €2,789 | -€356 | -11.3% |
| Furniture and vehicles | 24 | €3,175 | €8,407 | +€5,232 | +164.8% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €95,176 | €47,386 | -€47,791 | -50.2% |
| Amounts receivable within one year | 40/41 | €74,906 | €32,367 | -€42,540 | -56.8% |
| Trade receivables | 40 | €29,231 | €29,737 | +€505 | +1.7% |
| Other amounts receivable | 41 | €45,675 | €2,630 | -€43,045 | -94.2% |
| Cash at bank and in hand | 54/58 | €17,877 | €14,046 | -€3,831 | -21.4% |
| Deferred charges and accrued income | 490/1 | €2,393 | €973 | -€1,419 | -59.3% |
| Total equity and liabilities | 10/49 | €107,077 | €63,392 | -€43,685 | -40.8% |
| Equity | 10/15 | €20,460 | €18,600 | -€1,860 | -9.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €0 | -€1,860 | -100.0% |
| Distributable reserves | 133 | €1,860 | €0 | -€1,860 | -100.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €86,617 | €44,792 | -€41,825 | -48.3% |
| Amounts payable within one year | 42/48 | €86,617 | €44,792 | -€41,825 | -48.3% |
| Trade debts | 44 | €8,546 | €1,902 | -€6,643 | -77.7% |
| Suppliers | 440/4 | €8,546 | €1,902 | -€6,643 | -77.7% |
| Taxes, remuneration and social security | 45 | €29,238 | €15,775 | -€13,463 | -46.0% |
| Taxes | 450/3 | €29,238 | €13,775 | -€15,463 | -52.9% |
| Remuneration and social security | 454/9 | - | €2,000 | +€2,000 | |
| Other amounts payable | 47/48 | €48,833 | €27,114 | -€21,719 | -44.5% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,935 | €2,949 | +€1,014 | +52.4% |
| Other operating charges | 640/8 | €1,295 | €740 | -€555 | -42.9% |
| Gross operating margin | 9900 | €72,718 | €64,620 | -€8,097 | -11.1% |
| Operating profit (loss) | 9901 | €69,488 | €60,932 | -€8,556 | -12.3% |
| Financial income | 75/76B | €1,671 | €539 | -€1,132 | -67.7% |
| Recurring financial income | 75 | €1,671 | €539 | -€1,132 | -67.7% |
| Financial charges | 65/66B | €83 | €52,314 | +€52,232 | +63196.2% |
| Recurring financial charges | 65 | €83 | €52,314 | +€52,232 | +63196.2% |
| Profit (loss) for the period before taxes | 9903 | €71,076 | €9,156 | -€61,920 | -87.1% |
| Income taxes | 67/77 | €15,565 | €2,371 | -€13,193 | -84.8% |
| Profit (loss) for the period | 9904 | €55,512 | €6,785 | -€48,727 | -87.8% |
| Profit (loss) for the period to be appropriated | 9905 | €55,512 | €6,785 | -€48,727 | -87.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.