APERO SUR MEUSE: what changed
APERO SUR MEUSE
Largest movements
- Cash -€10,014
down €10,014 (-27.6%), from €36,320 to €26,306
mainly Debts after one year (-€8,334) and Trade debts (-€5,302)
- Tangible fixed assets -€9,307
down €9,307 (-48.4%), from €19,248 to €9,941
of which Plant, machinery and equipment: -€8,153
- Receivables within one year -€2,078
down €2,078 (-8.3%), from €24,954 to €22,876
of which Trade receivables: -€14,013
- Deferred charges and accrued income +€1,411
up €1,411 (+76.0%), from €1,857 to €3,268
- Debts after one year -€8,334
down €8,334 (-51.2%), from €16,283 to €7,949
- Trade debts -€5,302
down €5,302 (-89.3%), from €5,939 to €637
- Tax, wage and social debts -€5,118
down €5,118 (-77.1%), from €6,639 to €1,521
of which Taxes: -€4,857
- Profit (loss) carried forward -€1,554
down €1,554 (-3.7%), from €41,576 to €40,022
- Gross operating margin -€10,074
down €10,074 (-29.8%), from €33,862 to €23,788
- Staff costs -€6,184
down €6,184 (-33.4%), from €18,534 to €12,350
- Depreciation -€2,353
down €2,353 (-20.2%), from €11,660 to €9,307
- Other operating charges +€1,538
up €1,538 (+2,229%), from €69 to €1,607
- Taxes -€524
no longer reported in 2025 (was €524)
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €86,511 | €66,523 | -€19,988 | -23.1% |
| Fixed assets | 21/28 | €19,380 | €10,073 | -€9,307 | -48.0% |
| Tangible fixed assets | 22/27 | €19,248 | €9,941 | -€9,307 | -48.4% |
| Plant, machinery and equipment | 23 | €18,094 | €9,941 | -€8,153 | -45.1% |
| Furniture and vehicles | 24 | €223 | - | -€223 | |
| Other tangible fixed assets | 26 | €931 | - | -€931 | |
| Financial fixed assets | 28 | €132 | €132 | = | 0.0% |
| Current assets | 29/58 | €67,131 | €56,450 | -€10,681 | -15.9% |
| Stocks and contracts in progress | 3 | €4,000 | €4,000 | = | 0.0% |
| Stocks | 30/36 | €4,000 | €4,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €24,954 | €22,876 | -€2,078 | -8.3% |
| Trade receivables | 40 | €18,843 | €4,830 | -€14,013 | -74.4% |
| Other amounts receivable | 41 | €6,111 | €18,046 | +€11,935 | +195% |
| Cash at bank and in hand | 54/58 | €36,320 | €26,306 | -€10,014 | -27.6% |
| Deferred charges and accrued income | 490/1 | €1,857 | €3,268 | +€1,411 | +76.0% |
| Total equity and liabilities | 10/49 | €86,511 | €66,523 | -€19,988 | -23.1% |
| Equity | 10/15 | €49,636 | €48,082 | -€1,554 | -3.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €41,576 | €40,022 | -€1,554 | -3.7% |
| Amounts payable | 17/49 | €36,875 | €18,441 | -€18,434 | -50.0% |
| Amounts payable after more than one year | 17 | €16,283 | €7,949 | -€8,334 | -51.2% |
| Financial debts | 170/4 | €16,283 | €7,949 | -€8,334 | -51.2% |
| Amounts payable within one year | 42/48 | €20,592 | €10,492 | -€10,100 | -49.0% |
| Current portion of amounts payable after more than one year | 42 | €8,014 | €8,334 | +€320 | +4.0% |
| Trade debts | 44 | €5,939 | €637 | -€5,302 | -89.3% |
| Suppliers | 440/4 | €5,939 | €637 | -€5,302 | -89.3% |
| Taxes, remuneration and social security | 45 | €6,639 | €1,521 | -€5,118 | -77.1% |
| Taxes | 450/3 | €5,381 | €524 | -€4,857 | -90.3% |
| Remuneration and social security | 454/9 | €1,258 | €997 | -€261 | -20.7% |
| Remuneration, social security and pensions | 62 | €18,534 | €12,350 | -€6,184 | -33.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,660 | €9,307 | -€2,353 | -20.2% |
| Other operating charges | 640/8 | €69 | €1,607 | +€1,538 | +2,229% |
| Gross operating margin | 9900 | €33,862 | €23,788 | -€10,074 | -29.8% |
| Operating profit (loss) | 9901 | €3,599 | €524 | -€3,075 | -85.4% |
| Financial income | 75/76B | €21 | - | -€21 | |
| Recurring financial income | 75 | €21 | - | -€21 | |
| Financial charges | 65/66B | €2,502 | €2,078 | -€424 | -16.9% |
| Recurring financial charges | 65 | €2,502 | €2,078 | -€424 | -16.9% |
| Profit (loss) for the period before taxes | 9903 | €1,118 | -€1,554 | -€2,672 | |
| Income taxes | 67/77 | €524 | - | -€524 | |
| Profit (loss) for the period | 9904 | €594 | -€1,554 | -€2,148 | |
| Profit (loss) for the period to be appropriated | 9905 | €594 | -€1,554 | -€2,148 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.