APEIRON DEVELOPMENT CENTER: 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.
APEIRON DEVELOPMENT CENTER
Largest movements
- Deferred charges and accrued income +€5,869
up €5,869 (+651%), from €902 to €6,771
- Receivables within one year -€5,073
down €5,073 (-29.0%), from €17,474 to €12,401
of which Other amounts receivable: -€2,916
- Cash +€4,375
up €4,375 (+9.6%), from €45,749 to €50,124
mainly Net result for the year (+€34,339) and Depreciation (+€18,029)
- Reserves +€34,339
up €34,339 (+430%), from €7,995 to €42,333
- Debts after one year -€24,732
down €24,732 (-12.5%), from €197,854 to €173,122
- Other debts -€18,447
down €18,447 (-16.6%), from €111,109 to €92,662
- Tax, wage and social debts +€11,480
up €11,480 (+143%), from €8,026 to €19,506
of which Taxes: +€6,433
- Staff costs +€13,861
up €13,861 (+34.5%), from €40,190 to €54,051
- Depreciation +€5,770
up €5,770 (+47.1%), from €12,259 to €18,029
- Taxes +€1,977
up €1,977 (+12.8%), from €15,463 to €17,439
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 | €391,252 | €395,276 | +€4,024 | +1.0% |
| Fixed assets | 21/28 | €327,127 | €325,980 | -€1,147 | -0.4% |
| Tangible fixed assets | 22/27 | €326,711 | €325,564 | -€1,147 | -0.4% |
| Land and buildings | 22 | €294,261 | €284,251 | -€10,011 | -3.4% |
| Furniture and vehicles | 24 | €17,901 | €27,260 | +€9,359 | +52.3% |
| Other tangible fixed assets | 26 | €14,548 | €14,053 | -€495 | -3.4% |
| Financial fixed assets | 28 | €417 | €417 | = | 0.0% |
| Current assets | 29/58 | €64,125 | €69,296 | +€5,171 | +8.1% |
| Amounts receivable within one year | 40/41 | €17,474 | €12,401 | -€5,073 | -29.0% |
| Trade receivables | 40 | €14,558 | €12,401 | -€2,157 | -14.8% |
| Other amounts receivable | 41 | €2,916 | - | -€2,916 | |
| Cash at bank and in hand | 54/58 | €45,749 | €50,124 | +€4,375 | +9.6% |
| Deferred charges and accrued income | 490/1 | €902 | €6,771 | +€5,869 | +651% |
| Total equity and liabilities | 10/49 | €391,252 | €395,276 | +€4,024 | +1.0% |
| Equity | 10/15 | €32,784 | €67,122 | +€34,339 | +105% |
| Contributions | 10/11 | €24,789 | €24,789 | = | 0.0% |
| Reserves | 13 | €7,995 | €42,333 | +€34,339 | +430% |
| Distributable reserves | 133 | €7,995 | €42,333 | +€34,339 | +430% |
| Amounts payable | 17/49 | €358,468 | €328,154 | -€30,314 | -8.5% |
| Amounts payable after more than one year | 17 | €197,854 | €173,122 | -€24,732 | -12.5% |
| Financial debts | 170/4 | €197,854 | €173,122 | -€24,732 | -12.5% |
| Amounts payable within one year | 42/48 | €160,614 | €155,031 | -€5,583 | -3.5% |
| Current portion of amounts payable after more than one year | 42 | €24,732 | €24,732 | = | 0.0% |
| Trade debts | 44 | €16,747 | €18,132 | +€1,385 | +8.3% |
| Suppliers | 440/4 | €16,747 | €18,132 | +€1,385 | +8.3% |
| Taxes, remuneration and social security | 45 | €8,026 | €19,506 | +€11,480 | +143% |
| Taxes | 450/3 | €2,832 | €9,265 | +€6,433 | +227% |
| Remuneration and social security | 454/9 | €5,193 | €10,240 | +€5,047 | +97.2% |
| Other amounts payable | 47/48 | €111,109 | €92,662 | -€18,447 | -16.6% |
| Remuneration, social security and pensions | 62 | €40,190 | €54,051 | +€13,861 | +34.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,259 | €18,029 | +€5,770 | +47.1% |
| Other operating charges | 640/8 | €5,847 | €4,938 | -€908 | -15.5% |
| Gross operating margin | 9900 | €133,977 | €134,494 | +€517 | +0.4% |
| Operating profit (loss) | 9901 | €75,682 | €57,476 | -€18,206 | -24.1% |
| Financial income | 75/76B | €38 | €1 | -€37 | -97.0% |
| Recurring financial income | 75 | €38 | €1 | -€37 | -97.0% |
| Financial charges | 65/66B | €6,221 | €5,699 | -€522 | -8.4% |
| Recurring financial charges | 65 | €6,221 | €5,699 | -€522 | -8.4% |
| Profit (loss) for the period before taxes | 9903 | €69,499 | €51,778 | -€17,721 | -25.5% |
| Income taxes | 67/77 | €15,463 | €17,439 | +€1,977 | +12.8% |
| Profit (loss) for the period | 9904 | €54,036 | €34,339 | -€19,697 | -36.5% |
| Profit (loss) for the period to be appropriated | 9905 | €54,036 | €34,339 | -€19,697 | -36.5% |
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 15 October 2026 via checked.be.