APEROOF: 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.
APEROOF
Largest movements
- Intangible fixed assets +€59,721
new in 2025: €59,721
- Receivables within one year +€29,326
up €29,326 (+651%), from €4,506 to €33,832
of which Other amounts receivable: +€16,871
- Cash +€24,296
up €24,296 (+68.7%), from €35,354 to €59,650
mainly Trade debts (+€101,043) and Net result for the year (+€13,492)
- Trade debts +€101,043
up €101,043 (+1,114%), from €9,074 to €110,117
- Reserves +€13,492
up €13,492 (+69.6%), from €19,380 to €32,872
- Tax, wage and social debts -€2,624
down €2,624 (-32.0%), from €8,207 to €5,583
- Gross operating margin +€10,725
up €10,725 (+63.9%), from €16,791 to €27,516
- Other operating charges +€4,884
up €4,884 (+151%), from €3,231 to €8,115
- Taxes +€1,156
up €1,156 (+26.3%), from €4,392 to €5,548
- Financial charges +€386
up €386 (+417%), from €92 to €478
- Financial income +€295
up €295 (+289%), from €102 to €397
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 | €39,860 | €153,202 | +€113,342 | +284% |
| Fixed assets | 21/28 | - | €59,721 | +€59,721 | |
| Intangible fixed assets | 21 | - | €59,721 | +€59,721 | |
| Current assets | 29/58 | €39,860 | €93,482 | +€53,621 | +135% |
| Amounts receivable within one year | 40/41 | €4,506 | €33,832 | +€29,326 | +651% |
| Trade receivables | 40 | €2,760 | €15,215 | +€12,455 | +451% |
| Other amounts receivable | 41 | €1,745 | €18,616 | +€16,871 | +967% |
| Cash at bank and in hand | 54/58 | €35,354 | €59,650 | +€24,296 | +68.7% |
| Total equity and liabilities | 10/49 | €39,860 | €153,202 | +€113,342 | +284% |
| Equity | 10/15 | €21,880 | €35,372 | +€13,492 | +61.7% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €19,380 | €32,872 | +€13,492 | +69.6% |
| Distributable reserves | 133 | €19,380 | €32,872 | +€13,492 | +69.6% |
| Amounts payable | 17/49 | €17,980 | €117,830 | +€99,850 | +555% |
| Amounts payable within one year | 42/48 | €17,980 | €117,830 | +€99,850 | +555% |
| Trade debts | 44 | €9,074 | €110,117 | +€101,043 | +1,114% |
| Suppliers | 440/4 | €9,074 | €110,117 | +€101,043 | +1,114% |
| Taxes, remuneration and social security | 45 | €8,207 | €5,583 | -€2,624 | -32.0% |
| Taxes | 450/3 | €8,207 | €5,583 | -€2,624 | -32.0% |
| Other amounts payable | 47/48 | €700 | €2,131 | +€1,431 | +204% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €331 | €279 | -€52 | -15.6% |
| Other operating charges | 640/8 | €3,231 | €8,115 | +€4,884 | +151% |
| Gross operating margin | 9900 | €16,791 | €27,516 | +€10,725 | +63.9% |
| Operating profit (loss) | 9901 | €13,228 | €19,121 | +€5,893 | +44.5% |
| Financial income | 75/76B | €102 | €397 | +€295 | +289% |
| Recurring financial income | 75 | €102 | €397 | +€295 | +289% |
| Financial charges | 65/66B | €92 | €478 | +€386 | +417% |
| Recurring financial charges | 65 | €92 | €478 | +€386 | +417% |
| Profit (loss) for the period before taxes | 9903 | €13,237 | €19,039 | +€5,802 | +43.8% |
| Income taxes | 67/77 | €4,392 | €5,548 | +€1,156 | +26.3% |
| Profit (loss) for the period | 9904 | €8,846 | €13,492 | +€4,646 | +52.5% |
| Profit (loss) for the period to be appropriated | 9905 | €8,846 | €13,492 | +€4,646 | +52.5% |
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.