APERIS: 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.
APERIS
Largest movements
- Cash -€157,832
down €157,832 (-23.6%), from €669,100 to €511,268
mainly Other debts (-€280,360) and Receivables within one year (-€15,778)
- Receivables within one year +€15,778
up €15,778 (+21.2%), from €74,275 to €90,052
of which Trade receivables: +€18,694
- Other debts -€280,360
down €280,360 (-99.0%), from €283,132 to €2,772
- Reserves +€129,250
up €129,250 (+42.3%), from €305,350 to €434,600
of which Distributable reserves: +€129,250
- Gross operating margin +€56,113
up €56,113 (+42.9%), from €130,896 to €187,009
- Taxes +€18,697
up €18,697 (+50.3%), from €37,174 to €55,872
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 | €763,542 | €614,381 | -€149,161 | -19.5% |
| Fixed assets | 21/28 | €17,899 | €12,286 | -€5,613 | -31.4% |
| Tangible fixed assets | 22/27 | €17,899 | €12,286 | -€5,613 | -31.4% |
| Furniture and vehicles | 24 | €17,899 | €12,286 | -€5,613 | -31.4% |
| Current assets | 29/58 | €745,642 | €602,095 | -€143,547 | -19.3% |
| Amounts receivable within one year | 40/41 | €74,275 | €90,052 | +€15,778 | +21.2% |
| Trade receivables | 40 | €58,951 | €77,645 | +€18,694 | +31.7% |
| Other amounts receivable | 41 | €15,323 | €12,407 | -€2,916 | -19.0% |
| Cash at bank and in hand | 54/58 | €669,100 | €511,268 | -€157,832 | -23.6% |
| Deferred charges and accrued income | 490/1 | €2,267 | €774 | -€1,493 | -65.8% |
| Total equity and liabilities | 10/49 | €763,542 | €614,381 | -€149,161 | -19.5% |
| Equity | 10/15 | €430,582 | €559,833 | +€129,250 | +30.0% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €305,350 | €434,600 | +€129,250 | +42.3% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €303,491 | €432,741 | +€129,250 | +42.6% |
| Profit (loss) carried forward | 14 | €106,640 | €106,640 | = | 0.0% |
| Amounts payable | 17/49 | €332,959 | €54,548 | -€278,411 | -83.6% |
| Amounts payable within one year | 42/48 | €332,948 | €54,548 | -€278,399 | -83.6% |
| Trade debts | 44 | €3,290 | €1,390 | -€1,901 | -57.8% |
| Suppliers | 440/4 | €3,290 | €1,390 | -€1,901 | -57.8% |
| Taxes, remuneration and social security | 45 | €46,525 | €50,387 | +€3,861 | +8.3% |
| Taxes | 450/3 | €42,525 | €48,387 | +€5,861 | +13.8% |
| Remuneration and social security | 454/9 | €4,000 | €2,000 | -€2,000 | -50.0% |
| Other amounts payable | 47/48 | €283,132 | €2,772 | -€280,360 | -99.0% |
| Accrued charges and deferred income | 492/3 | €12 | - | -€12 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,936 | €5,613 | -€1,322 | -19.1% |
| Other operating charges | 640/8 | €407 | €415 | +€8 | +2.0% |
| Gross operating margin | 9900 | €130,896 | €187,009 | +€56,113 | +42.9% |
| Operating profit (loss) | 9901 | €123,553 | €180,980 | +€57,427 | +46.5% |
| Financial income | 75/76B | €2,825 | €4,423 | +€1,599 | +56.6% |
| Recurring financial income | 75 | €2,825 | €4,423 | +€1,599 | +56.6% |
| Financial charges | 65/66B | €207 | €282 | +€74 | +35.8% |
| Recurring financial charges | 65 | €207 | €282 | +€74 | +35.8% |
| Profit (loss) for the period before taxes | 9903 | €126,170 | €185,122 | +€58,952 | +46.7% |
| Income taxes | 67/77 | €37,174 | €55,872 | +€18,697 | +50.3% |
| Profit (loss) for the period | 9904 | €88,996 | €129,250 | +€40,254 | +45.2% |
| Profit (loss) for the period to be appropriated | 9905 | €88,996 | €129,250 | +€40,254 | +45.2% |
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 7 October 2026 via checked.be.