APERTO CHIUSO: 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.
APERTO CHIUSO
Largest movements
- Cash +€4,633
up €4,633 (+6.2%), from €74,720 to €79,353
mainly Net result for the year (+€8,655) and Depreciation (+€2,038)
- Deferred charges and accrued income -€2,013
down €2,013 (-46.0%), from €4,374 to €2,361
- Tangible fixed assets -€1,528
down €1,528 (-20.7%), from €7,371 to €5,844
- Reserves +€4,655
up €4,655 (+42.2%), from €11,038 to €15,693
- Tax, wage and social debts -€3,930
down €3,930 (-27.8%), from €14,150 to €10,220
of which Remuneration and social security: -€2,060
- Gross operating margin +€15,501
up €15,501 (+13.1%), from €118,600 to €134,101
- Staff costs +€1,605
up €1,605 (+1.3%), from €119,868 to €121,473
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 | €102,731 | €103,984 | +€1,253 | +1.2% |
| Fixed assets | 21/28 | €8,115 | €6,587 | -€1,528 | -18.8% |
| Tangible fixed assets | 22/27 | €7,371 | €5,844 | -€1,528 | -20.7% |
| Land and buildings | 22 | €4,285 | €3,530 | -€756 | -17.6% |
| Plant, machinery and equipment | 23 | €2,919 | €2,212 | -€707 | -24.2% |
| Furniture and vehicles | 24 | €167 | €102 | -€65 | -38.7% |
| Financial fixed assets | 28 | €744 | €744 | = | 0.0% |
| Current assets | 29/58 | €94,616 | €97,397 | +€2,780 | +2.9% |
| Stocks and contracts in progress | 3 | €5,322 | €5,582 | +€260 | +4.9% |
| Stocks | 30/36 | €5,322 | €5,582 | +€260 | +4.9% |
| Amounts receivable within one year | 40/41 | €10,200 | €10,100 | -€100 | -1.0% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €10,200 | €10,100 | -€100 | -1.0% |
| Cash at bank and in hand | 54/58 | €74,720 | €79,353 | +€4,633 | +6.2% |
| Deferred charges and accrued income | 490/1 | €4,374 | €2,361 | -€2,013 | -46.0% |
| Total equity and liabilities | 10/49 | €102,731 | €103,984 | +€1,253 | +1.2% |
| Equity | 10/15 | €79,860 | €84,515 | +€4,655 | +5.8% |
| Contributions | 10/11 | €30,987 | €30,987 | = | 0.0% |
| Reserves | 13 | €11,038 | €15,693 | +€4,655 | +42.2% |
| Distributable reserves | 133 | €11,038 | €15,693 | +€4,655 | +42.2% |
| Profit (loss) carried forward | 14 | €37,835 | €37,835 | = | 0.0% |
| Amounts payable | 17/49 | €22,871 | €19,469 | -€3,403 | -14.9% |
| Amounts payable within one year | 42/48 | €22,871 | €19,469 | -€3,403 | -14.9% |
| Trade debts | 44 | €5,721 | €5,248 | -€473 | -8.3% |
| Suppliers | 440/4 | €5,721 | €5,248 | -€473 | -8.3% |
| Taxes, remuneration and social security | 45 | €14,150 | €10,220 | -€3,930 | -27.8% |
| Taxes | 450/3 | €5,462 | €3,593 | -€1,869 | -34.2% |
| Remuneration and social security | 454/9 | €8,687 | €6,627 | -€2,060 | -23.7% |
| Other amounts payable | 47/48 | €3,000 | €4,000 | +€1,000 | +33.3% |
| Remuneration, social security and pensions | 62 | €119,868 | €121,473 | +€1,605 | +1.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,926 | €2,038 | +€112 | +5.8% |
| Other operating charges | 640/8 | €141 | €144 | +€4 | +2.6% |
| Gross operating margin | 9900 | €118,600 | €134,101 | +€15,501 | +13.1% |
| Operating profit (loss) | 9901 | -€3,335 | €10,446 | +€13,781 | |
| Financial income | 75/76B | €100 | €171 | +€71 | +70.7% |
| Recurring financial income | 75 | €100 | €171 | +€71 | +70.7% |
| Financial charges | 65/66B | €2,038 | €1,962 | -€77 | -3.8% |
| Recurring financial charges | 65 | €2,038 | €1,962 | -€77 | -3.8% |
| Profit (loss) for the period before taxes | 9903 | -€5,273 | €8,655 | +€13,928 | |
| Profit (loss) for the period | 9904 | -€5,273 | €8,655 | +€13,928 | |
| Profit (loss) for the period to be appropriated | 9905 | -€5,273 | €8,655 | +€13,928 |
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.