APC-CONSTRUCT&RENOVATION: 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.
APC-CONSTRUCT&RENOVATION
Largest movements
- Tangible fixed assets +€31,711
up €31,711 (+518.2%), from €6,119 to €37,830
- Receivables within one year +€5,203
up €5,203 (+69.3%), from €7,506 to €12,708
of which Trade receivables: +€4,952
- Other debts +€15,766
up €15,766 (+26.7%), from €58,999 to €74,766
- Debts after one year +€12,700
up €12,700 (+201.8%), from €6,294 to €18,993
- Trade debts +€10,774
up €10,774 (+21.1%), from €51,120 to €61,893
- Current portion of long-term debt -€5,944
down €5,944 (-38.9%), from €15,272 to €9,328
- Depreciation +€2,323
up €2,323 (+62.8%), from €3,699 to €6,022
- Other operating charges +€1,494
up €1,494 (+260.5%), from €573 to €2,067
- Gross operating margin +€1,249
up €1,249 (+9.5%), from €13,117 to €14,366
- Financial charges +€382
up €382 (+24.0%), from €1,589 to €1,971
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 | €347,015 | €382,249 | +€35,234 | +10.2% |
| Fixed assets | 21/28 | €293,104 | €324,315 | +€31,211 | +10.6% |
| Intangible fixed assets | 21 | €3,385 | €2,885 | -€500 | -14.8% |
| Tangible fixed assets | 22/27 | €6,119 | €37,830 | +€31,711 | +518.2% |
| Plant, machinery and equipment | 23 | €6,119 | €37,830 | +€31,711 | +518.2% |
| Financial fixed assets | 28 | €283,600 | €283,600 | = | 0.0% |
| Current assets | 29/58 | €53,911 | €57,934 | +€4,023 | +7.5% |
| Stocks and contracts in progress | 3 | €39,660 | €37,500 | -€2,160 | -5.4% |
| Stocks | 30/36 | €37,500 | €37,500 | = | 0.0% |
| Contracts in progress | 37 | €2,160 | - | -€2,160 | |
| Amounts receivable within one year | 40/41 | €7,506 | €12,708 | +€5,203 | +69.3% |
| Trade receivables | 40 | €6,818 | €11,770 | +€4,952 | +72.6% |
| Other amounts receivable | 41 | €688 | €939 | +€251 | +36.5% |
| Cash at bank and in hand | 54/58 | €6,062 | €7,587 | +€1,526 | +25.2% |
| Deferred charges and accrued income | 490/1 | €684 | €139 | -€545 | -79.7% |
| Total equity and liabilities | 10/49 | €347,015 | €382,249 | +€35,234 | +10.2% |
| Equity | 10/15 | €212,086 | €214,362 | +€2,276 | +1.1% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €193,494 | €195,770 | +€2,276 | +1.2% |
| Distributable reserves | 133 | €193,494 | €195,770 | +€2,276 | +1.2% |
| Amounts payable | 17/49 | €134,930 | €167,887 | +€32,958 | +24.4% |
| Amounts payable after more than one year | 17 | €6,294 | €18,993 | +€12,700 | +201.8% |
| Financial debts | 170/4 | €6,294 | €18,993 | +€12,700 | +201.8% |
| Amounts payable within one year | 42/48 | €128,186 | €148,894 | +€20,708 | +16.2% |
| Current portion of amounts payable after more than one year | 42 | €15,272 | €9,328 | -€5,944 | -38.9% |
| Trade debts | 44 | €51,120 | €61,893 | +€10,774 | +21.1% |
| Suppliers | 440/4 | €51,120 | €61,893 | +€10,774 | +21.1% |
| Advances received on contracts in progress | 46 | €822 | €822 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €1,973 | €2,086 | +€112 | +5.7% |
| Taxes | 450/3 | €173 | €286 | +€112 | +65.0% |
| Remuneration and social security | 454/9 | €1,800 | €1,800 | = | 0.0% |
| Other amounts payable | 47/48 | €58,999 | €74,766 | +€15,766 | +26.7% |
| Accrued charges and deferred income | 492/3 | €450 | - | -€450 | |
| Remuneration, social security and pensions | 62 | €1,992 | €2,036 | +€44 | +2.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,699 | €6,022 | +€2,323 | +62.8% |
| Other operating charges | 640/8 | €573 | €2,067 | +€1,494 | +260.5% |
| Gross operating margin | 9900 | €13,117 | €14,366 | +€1,249 | +9.5% |
| Operating profit (loss) | 9901 | €6,853 | €4,241 | -€2,611 | -38.1% |
| Financial income | 75/76B | €19 | €6 | -€13 | -68.3% |
| Recurring financial income | 75 | €19 | €6 | -€13 | -68.3% |
| Financial charges | 65/66B | €1,589 | €1,971 | +€382 | +24.0% |
| Recurring financial charges | 65 | €1,589 | €1,971 | +€382 | +24.0% |
| Profit (loss) for the period before taxes | 9903 | €5,282 | €2,276 | -€3,006 | -56.9% |
| Profit (loss) for the period | 9904 | €5,282 | €2,276 | -€3,006 | -56.9% |
| Profit (loss) for the period to be appropriated | 9905 | €5,282 | €2,276 | -€3,006 | -56.9% |
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 9 October 2026 via checked.be.