Apcom Consulting: 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.
Apcom Consulting
Largest movements
- Cash +€12,166
up €12,166 (+10.9%), from €111,211 to €123,377
mainly Net result for the year (+€53,318) and Tax, wage and social debts (+€2,831)
- Deferred charges and accrued income +€2,152
new in 2025: €2,152
- Receivables within one year -€1,962
down €1,962 (-6.1%), from €32,349 to €30,386
of which Trade receivables: -€7,519
- Profit (loss) carried forward +€12,078
up €12,078 (+9.3%), from €130,075 to €142,154
- Tax, wage and social debts +€2,831
up €2,831 (+39.6%), from €7,153 to €9,984
- Trade debts -€2,284
down €2,284 (-64.1%), from €3,562 to €1,278
- Gross operating margin +€45,168
up €45,168 (+159%), from €28,351 to €73,519
- Taxes +€9,248
up €9,248 (+159%), from €5,812 to €15,060
- Staff costs -€2,066
down €2,066 (-47.4%), from €4,355 to €2,289
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 | €161,250 | €173,876 | +€12,626 | +7.8% |
| Fixed assets | 21/28 | €17,690 | €17,961 | +€270 | +1.5% |
| Tangible fixed assets | 22/27 | €17,690 | €17,961 | +€270 | +1.5% |
| Land and buildings | 22 | €15,447 | €16,620 | +€1,173 | +7.6% |
| Plant, machinery and equipment | 23 | €2,244 | - | -€2,244 | |
| Furniture and vehicles | 24 | - | €1,341 | +€1,341 | |
| Current assets | 29/58 | €143,560 | €155,915 | +€12,356 | +8.6% |
| Amounts receivable within one year | 40/41 | €32,349 | €30,386 | -€1,962 | -6.1% |
| Trade receivables | 40 | €27,759 | €20,240 | -€7,519 | -27.1% |
| Other amounts receivable | 41 | €4,590 | €10,146 | +€5,556 | +121% |
| Cash at bank and in hand | 54/58 | €111,211 | €123,377 | +€12,166 | +10.9% |
| Deferred charges and accrued income | 490/1 | - | €2,152 | +€2,152 | |
| Total equity and liabilities | 10/49 | €161,250 | €173,876 | +€12,626 | +7.8% |
| Equity | 10/15 | €150,535 | €162,614 | +€12,078 | +8.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €130,075 | €142,154 | +€12,078 | +9.3% |
| Amounts payable | 17/49 | €10,715 | €11,263 | +€548 | +5.1% |
| Amounts payable within one year | 42/48 | €10,715 | €11,263 | +€548 | +5.1% |
| Trade debts | 44 | €3,562 | €1,278 | -€2,284 | -64.1% |
| Suppliers | 440/4 | €3,562 | €1,278 | -€2,284 | -64.1% |
| Taxes, remuneration and social security | 45 | €7,153 | €9,984 | +€2,831 | +39.6% |
| Taxes | 450/3 | €7,153 | €9,984 | +€2,831 | +39.6% |
| Remuneration, social security and pensions | 62 | €4,355 | €2,289 | -€2,066 | -47.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €986 | €1,204 | +€218 | +22.1% |
| Other operating charges | 640/8 | €1,196 | €1,363 | +€167 | +13.9% |
| Gross operating margin | 9900 | €28,351 | €73,519 | +€45,168 | +159% |
| Operating profit (loss) | 9901 | €21,814 | €68,664 | +€46,849 | +215% |
| Financial income | 75/76B | - | €4 | +€4 | |
| Recurring financial income | 75 | - | €4 | +€4 | |
| Financial charges | 65/66B | €211 | €289 | +€77 | +36.7% |
| Recurring financial charges | 65 | €211 | €289 | +€77 | +36.7% |
| Profit (loss) for the period before taxes | 9903 | €21,603 | €68,379 | +€46,776 | +217% |
| Income taxes | 67/77 | €5,812 | €15,060 | +€9,248 | +159% |
| Profit (loss) for the period | 9904 | €15,791 | €53,318 | +€37,528 | +238% |
| Profit (loss) for the period to be appropriated | 9905 | €15,791 | €53,318 | +€37,528 | +238% |
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 24 October 2026 via checked.be.