APERTUS: 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.
APERTUS
Largest movements
- Receivables within one year +€17,533
up €17,533 (+89.6%), from €19,571 to €37,104
of which Trade receivables: +€17,636
- Cash +€5,250
up €5,250 (+6.9%), from €76,568 to €81,818
mainly Net result for the year (+€117,637) and Tax, wage and social debts (+€19,383)
- Tax, wage and social debts +€19,383
up €19,383 (+142.9%), from €13,562 to €32,945
of which Taxes: +€19,383
- Accrued charges and deferred income +€1,350
new in 2025: €1,350
- Trade debts +€1,294
up €1,294 (+1773.6%), from €73 to €1,367
- Gross operating margin +€87,080
up €87,080 (+118.9%), from €73,246 to €160,327
- Taxes +€22,170
up €22,170 (+154.6%), from €14,338 to €36,507
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 | €97,199 | €119,538 | +€22,339 | +23.0% |
| Fixed assets | 21/28 | €763 | €301 | -€462 | -60.5% |
| Tangible fixed assets | 22/27 | €763 | €301 | -€462 | -60.5% |
| Furniture and vehicles | 24 | €763 | €301 | -€462 | -60.5% |
| Current assets | 29/58 | €96,436 | €119,237 | +€22,801 | +23.6% |
| Amounts receivable within one year | 40/41 | €19,571 | €37,104 | +€17,533 | +89.6% |
| Trade receivables | 40 | €18,806 | €36,441 | +€17,636 | +93.8% |
| Other amounts receivable | 41 | €765 | €662 | -€103 | -13.4% |
| Cash at bank and in hand | 54/58 | €76,568 | €81,818 | +€5,250 | +6.9% |
| Deferred charges and accrued income | 490/1 | €297 | €315 | +€18 | +6.0% |
| Total equity and liabilities | 10/49 | €97,199 | €119,538 | +€22,339 | +23.0% |
| Equity | 10/15 | €20,995 | €20,995 | = | 0.0% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €2,445 | €2,445 | = | 0.0% |
| Distributable reserves | 133 | €2,445 | €2,445 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €76,204 | €98,543 | +€22,339 | +29.3% |
| Amounts payable within one year | 42/48 | €76,204 | €97,193 | +€20,989 | +27.5% |
| Trade debts | 44 | €73 | €1,367 | +€1,294 | +1773.6% |
| Suppliers | 440/4 | €73 | €1,367 | +€1,294 | +1773.6% |
| Taxes, remuneration and social security | 45 | €13,562 | €32,945 | +€19,383 | +142.9% |
| Taxes | 450/3 | €10,562 | €29,945 | +€19,383 | +183.5% |
| Remuneration and social security | 454/9 | €3,000 | €3,000 | = | 0.0% |
| Other amounts payable | 47/48 | €62,569 | €62,881 | +€312 | +0.5% |
| Accrued charges and deferred income | 492/3 | - | €1,350 | +€1,350 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €462 | €462 | = | 0.0% |
| Other operating charges | 640/8 | €1,435 | €2,135 | +€700 | +48.8% |
| Gross operating margin | 9900 | €73,246 | €160,327 | +€87,080 | +118.9% |
| Operating profit (loss) | 9901 | €71,349 | €157,729 | +€86,380 | +121.1% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €4,567 | €3,586 | -€981 | -21.5% |
| Recurring financial charges | 65 | €4,567 | €3,586 | -€981 | -21.5% |
| Profit (loss) for the period before taxes | 9903 | €66,782 | €154,144 | +€87,361 | +130.8% |
| Income taxes | 67/77 | €14,338 | €36,507 | +€22,170 | +154.6% |
| Profit (loss) for the period | 9904 | €52,445 | €117,637 | +€65,192 | +124.3% |
| Profit (loss) for the period to be appropriated | 9905 | €52,445 | €117,637 | +€65,192 | +124.3% |
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 6 October 2026 via checked.be.