Apers Projects: 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.
Apers Projects
Largest movements
- Receivables within one year +€54,722
up €54,722 (+13.5%), from €405,176 to €459,898
of which Trade receivables: +€56,808
- Stocks and contracts +€8,000
new in 2024: €8,000
- Cash +€7,881
up €7,881 (+9.6%), from €81,772 to €89,654
mainly Debts after one year (+€50,000) and Net result for the year (+€20,728)
- Debts after one year +€50,000
up €50,000 (+21.8%), from €229,444 to €279,444
- Reserves +€40,370
up €40,370 (+11,265%), from €358 to €40,728
- Profit (loss) carried forward -€19,642
down €19,642 (-47.9%), from €40,991 to €21,350
- Tax, wage and social debts +€8,588
up €8,588 (+149%), from €5,748 to €14,336
of which Taxes: +€8,327
- Trade debts -€5,892
down €5,892 (-2.7%), from €216,174 to €210,282
- Gross operating margin -€9,383
down €9,383 (-7.1%), from €131,778 to €122,395
- Financial charges +€5,547
up €5,547 (+27.8%), from €19,962 to €25,508
- Other operating charges -€4,938
down €4,938 (-64.3%), from €7,676 to €2,738
- Staff costs -€3,784
down €3,784 (-6.6%), from €57,308 to €53,525
- Taxes +€2,246
up €2,246 (+17.5%), from €12,850 to €15,096
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €512,316 | €585,240 | +€72,924 | +14.2% |
| Fixed assets | 21/28 | €20,130 | €23,292 | +€3,162 | +15.7% |
| Tangible fixed assets | 22/27 | €20,130 | €23,292 | +€3,162 | +15.7% |
| Plant, machinery and equipment | 23 | €8,852 | €15,768 | +€6,916 | +78.1% |
| Furniture and vehicles | 24 | €11,278 | €7,524 | -€3,754 | -33.3% |
| Current assets | 29/58 | €492,186 | €561,948 | +€69,762 | +14.2% |
| Stocks and contracts in progress | 3 | - | €8,000 | +€8,000 | |
| Stocks | 30/36 | - | €8,000 | +€8,000 | |
| Amounts receivable within one year | 40/41 | €405,176 | €459,898 | +€54,722 | +13.5% |
| Trade receivables | 40 | €270,639 | €327,447 | +€56,808 | +21.0% |
| Other amounts receivable | 41 | €134,536 | €132,451 | -€2,086 | -1.6% |
| Cash at bank and in hand | 54/58 | €81,772 | €89,654 | +€7,881 | +9.6% |
| Deferred charges and accrued income | 490/1 | €5,238 | €4,397 | -€841 | -16.1% |
| Total equity and liabilities | 10/49 | €512,316 | €585,240 | +€72,924 | +14.2% |
| Equity | 10/15 | €59,950 | €80,677 | +€20,728 | +34.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €358 | €40,728 | +€40,370 | +11,265% |
| Distributable reserves | 133 | €358 | €40,728 | +€40,370 | +11,265% |
| Profit (loss) carried forward | 14 | €40,991 | €21,350 | -€19,642 | -47.9% |
| Amounts payable | 17/49 | €452,367 | €504,563 | +€52,196 | +11.5% |
| Amounts payable after more than one year | 17 | €229,444 | €279,444 | +€50,000 | +21.8% |
| Other amounts payable | 178/9 | €229,444 | €279,444 | +€50,000 | +21.8% |
| Amounts payable within one year | 42/48 | €222,422 | €225,119 | +€2,696 | +1.2% |
| Trade debts | 44 | €216,174 | €210,282 | -€5,892 | -2.7% |
| Suppliers | 440/4 | €216,174 | €210,282 | -€5,892 | -2.7% |
| Taxes, remuneration and social security | 45 | €5,748 | €14,336 | +€8,588 | +149% |
| Taxes | 450/3 | €4,256 | €12,583 | +€8,327 | +196% |
| Remuneration and social security | 454/9 | €1,492 | €1,753 | +€261 | +17.5% |
| Other amounts payable | 47/48 | €500 | €500 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €500 | - | -€500 | |
| Remuneration, social security and pensions | 62 | €57,308 | €53,525 | -€3,784 | -6.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,618 | €8,705 | -€913 | -9.5% |
| Other operating charges | 640/8 | €7,676 | €2,738 | -€4,938 | -64.3% |
| Gross operating margin | 9900 | €131,778 | €122,395 | -€9,383 | -7.1% |
| Operating profit (loss) | 9901 | €57,175 | €57,428 | +€252 | +0.4% |
| Financial income | 75/76B | €3,862 | €3,904 | +€43 | +1.1% |
| Recurring financial income | 75 | €3,862 | €3,904 | +€43 | +1.1% |
| Financial charges | 65/66B | €19,962 | €25,508 | +€5,547 | +27.8% |
| Recurring financial charges | 65 | €19,962 | €25,508 | +€5,547 | +27.8% |
| Profit (loss) for the period before taxes | 9903 | €41,076 | €35,824 | -€5,252 | -12.8% |
| Income taxes | 67/77 | €12,850 | €15,096 | +€2,246 | +17.5% |
| Profit (loss) for the period | 9904 | €28,225 | €20,728 | -€7,498 | -26.6% |
| Profit (loss) for the period to be appropriated | 9905 | €28,225 | €20,728 | -€7,498 | -26.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.