APB Technics: 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.
APB Technics
Largest movements
- Receivables within one year -€43,905
down €43,905 (-32.4%), from €135,368 to €91,463
of which Trade receivables: -€54,124
- Cash +€18,281
up €18,281 (+700.1%), from €2,611 to €20,893
mainly Receivables within one year (+€43,905) and Depreciation (+€7,342)
- Trade debts -€34,555
down €34,555 (-25.6%), from €135,122 to €100,567
- Tax, wage and social debts +€5,279
up €5,279 (+60.2%), from €8,766 to €14,045
of which Remuneration and social security: +€9,126
- Reserves +€1,806
up €1,806 (+8.5%), from €21,231 to €23,037
- Staff costs +€61,236
up €61,236 (+294.2%), from €20,816 to €82,052
- Gross operating margin +€54,546
up €54,546 (+146.7%), from €37,183 to €91,728
- Taxes -€2,065
no longer reported in 2025 (was €2,065)
- Financial charges -€1,379
down €1,379 (-84.4%), from €1,633 to €254
- Depreciation +€921
up €921 (+14.3%), from €6,421 to €7,342
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 | €166,419 | €138,649 | -€27,770 | -16.7% |
| Fixed assets | 21/28 | €9,400 | €8,058 | -€1,342 | -14.3% |
| Tangible fixed assets | 22/27 | €9,400 | €8,058 | -€1,342 | -14.3% |
| Plant, machinery and equipment | 23 | €9,400 | €8,058 | -€1,342 | -14.3% |
| Current assets | 29/58 | €157,019 | €130,591 | -€26,428 | -16.8% |
| Stocks and contracts in progress | 3 | €18,415 | €17,392 | -€1,023 | -5.6% |
| Stocks | 30/36 | €18,415 | €17,392 | -€1,023 | -5.6% |
| Amounts receivable within one year | 40/41 | €135,368 | €91,463 | -€43,905 | -32.4% |
| Trade receivables | 40 | €124,510 | €70,386 | -€54,124 | -43.5% |
| Other amounts receivable | 41 | €10,857 | €21,077 | +€10,220 | +94.1% |
| Cash at bank and in hand | 54/58 | €2,611 | €20,893 | +€18,281 | +700.1% |
| Deferred charges and accrued income | 490/1 | €625 | €843 | +€218 | +35.0% |
| Total equity and liabilities | 10/49 | €166,419 | €138,649 | -€27,770 | -16.7% |
| Equity | 10/15 | €22,231 | €24,037 | +€1,806 | +8.1% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €21,231 | €23,037 | +€1,806 | +8.5% |
| Distributable reserves | 133 | €21,231 | €23,037 | +€1,806 | +8.5% |
| Amounts payable | 17/49 | €144,188 | €114,612 | -€29,576 | -20.5% |
| Amounts payable within one year | 42/48 | €144,188 | €114,612 | -€29,576 | -20.5% |
| Trade debts | 44 | €135,122 | €100,567 | -€34,555 | -25.6% |
| Suppliers | 440/4 | €135,122 | €100,567 | -€34,555 | -25.6% |
| Taxes, remuneration and social security | 45 | €8,766 | €14,045 | +€5,279 | +60.2% |
| Taxes | 450/3 | €6,754 | €2,907 | -€3,847 | -57.0% |
| Remuneration and social security | 454/9 | €2,012 | €11,138 | +€9,126 | +453.5% |
| Other amounts payable | 47/48 | €300 | - | -€300 | |
| Remuneration, social security and pensions | 62 | €20,816 | €82,052 | +€61,236 | +294.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,421 | €7,342 | +€921 | +14.3% |
| Other operating charges | 640/8 | €505 | €550 | +€44 | +8.8% |
| Gross operating margin | 9900 | €37,183 | €91,728 | +€54,546 | +146.7% |
| Operating profit (loss) | 9901 | €9,440 | €1,785 | -€7,655 | -81.1% |
| Financial income | 75/76B | €69 | €276 | +€207 | +298.0% |
| Recurring financial income | 75 | €69 | €276 | +€207 | +298.0% |
| Financial charges | 65/66B | €1,633 | €254 | -€1,379 | -84.4% |
| Recurring financial charges | 65 | €1,633 | €254 | -€1,379 | -84.4% |
| Profit (loss) for the period before taxes | 9903 | €7,876 | €1,806 | -€6,070 | -77.1% |
| Income taxes | 67/77 | €2,065 | - | -€2,065 | |
| Profit (loss) for the period | 9904 | €5,811 | €1,806 | -€4,005 | -68.9% |
| Profit (loss) for the period to be appropriated | 9905 | €5,811 | €1,806 | -€4,005 | -68.9% |
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.