APEIRON IDEAS: 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 IDEAS
Largest movements
- Receivables within one year +€86,089
up €86,089 (+110%), from €78,446 to €164,536
of which Other amounts receivable: +€98,321
- Cash +€44,998
up €44,998 (+86.5%), from €52,050 to €97,049
mainly Trade debts (+€219,487) and Net result for the year (+€25,218)
- Trade debts +€219,487
up €219,487 (+59,517%), from €369 to €219,856
- Profit (loss) carried forward -€45,782
down €45,782 (-97.7%), from €46,855 to €1,073
- Debts after one year -€27,032
down €27,032 (-25.6%), from €105,654 to €78,622
- Tax, wage and social debts -€9,166
down €9,166 (-14.9%), from €61,342 to €52,176
of which Taxes: -€9,829
- Other debts -€8,722
down €8,722 (-10.2%), from €85,878 to €77,156
- Gross operating margin -€61,739
down €61,739 (-44.3%), from €139,441 to €77,702
- Taxes -€17,785
down €17,785 (-56.3%), from €31,585 to €13,800
- Staff costs +€10,771
up €10,771 (+131%), from €8,230 to €19,001
- Financial income +€3,618
up €3,618 (+333%), from €1,088 to €4,705
- Depreciation -€1,666
down €1,666 (-10.5%), from €15,870 to €14,204
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 | €330,331 | €459,915 | +€129,584 | +39.2% |
| Fixed assets | 21/28 | €199,700 | €198,331 | -€1,369 | -0.7% |
| Tangible fixed assets | 22/27 | €49,700 | €48,331 | -€1,369 | -2.8% |
| Furniture and vehicles | 24 | €49,700 | €48,331 | -€1,369 | -2.8% |
| Financial fixed assets | 28 | €150,000 | €150,000 | = | 0.0% |
| Current assets | 29/58 | €130,631 | €261,584 | +€130,954 | +100% |
| Amounts receivable within one year | 40/41 | €78,446 | €164,536 | +€86,089 | +110% |
| Trade receivables | 40 | €12,232 | - | -€12,232 | |
| Other amounts receivable | 41 | €66,215 | €164,536 | +€98,321 | +148% |
| Cash at bank and in hand | 54/58 | €52,050 | €97,049 | +€44,998 | +86.5% |
| Deferred charges and accrued income | 490/1 | €134 | - | -€134 | |
| Total equity and liabilities | 10/49 | €330,331 | €459,915 | +€129,584 | +39.2% |
| Equity | 10/15 | €49,855 | €4,073 | -€45,782 | -91.8% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €46,855 | €1,073 | -€45,782 | -97.7% |
| Amounts payable | 17/49 | €280,476 | €455,842 | +€175,366 | +62.5% |
| Amounts payable after more than one year | 17 | €105,654 | €78,622 | -€27,032 | -25.6% |
| Financial debts | 170/4 | €105,654 | €78,622 | -€27,032 | -25.6% |
| Amounts payable within one year | 42/48 | €173,822 | €376,220 | +€202,398 | +116% |
| Current portion of amounts payable after more than one year | 42 | €26,233 | €27,032 | +€799 | +3.0% |
| Trade debts | 44 | €369 | €219,856 | +€219,487 | +59,517% |
| Suppliers | 440/4 | €369 | €219,856 | +€219,487 | +59,517% |
| Taxes, remuneration and social security | 45 | €61,342 | €52,176 | -€9,166 | -14.9% |
| Taxes | 450/3 | €60,572 | €50,743 | -€9,829 | -16.2% |
| Remuneration and social security | 454/9 | €770 | €1,433 | +€663 | +86.1% |
| Other amounts payable | 47/48 | €85,878 | €77,156 | -€8,722 | -10.2% |
| Accrued charges and deferred income | 492/3 | €1,000 | €1,000 | = | 0.0% |
| Non-recurring operating income | 76A | €1,542 | - | -€1,542 | |
| Remuneration, social security and pensions | 62 | €8,230 | €19,001 | +€10,771 | +131% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,870 | €14,204 | -€1,666 | -10.5% |
| Other operating charges | 640/8 | €6,344 | €5,443 | -€901 | -14.2% |
| Gross operating margin | 9900 | €139,441 | €77,702 | -€61,739 | -44.3% |
| Operating profit (loss) | 9901 | €108,997 | €39,054 | -€69,944 | -64.2% |
| Financial income | 75/76B | €1,088 | €4,705 | +€3,618 | +333% |
| Recurring financial income | 75 | €1,088 | €4,705 | +€3,618 | +333% |
| Financial charges | 65/66B | €5,769 | €4,741 | -€1,028 | -17.8% |
| Recurring financial charges | 65 | €5,769 | €4,741 | -€1,028 | -17.8% |
| Profit (loss) for the period before taxes | 9903 | €104,315 | €39,018 | -€65,298 | -62.6% |
| Income taxes | 67/77 | €31,585 | €13,800 | -€17,785 | -56.3% |
| Profit (loss) for the period | 9904 | €72,730 | €25,218 | -€47,512 | -65.3% |
| Profit (loss) for the period to be appropriated | 9905 | €72,730 | €25,218 | -€47,512 | -65.3% |
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.