APEXone: 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.
APEXone
Largest movements
- Cash -€48,333
down €48,333 (-97.6%), from €49,523 to €1,190
mainly Other debts (-€35,487) and Net result for the year (-€33,028)
- Tangible fixed assets -€21,398
down €21,398 (-32.5%), from €65,777 to €44,379
of which Furniture and vehicles: -€17,917
- Receivables within one year -€9,385
down €9,385 (-87.9%), from €10,672 to €1,287
of which Trade receivables: -€10,672
- Other debts -€35,487
down €35,487 (-89.9%), from €39,462 to €3,975
- Profit (loss) carried forward -€33,028
down €33,028 (-61.2%), from €53,950 to €20,922
- Tax, wage and social debts -€10,674
down €10,674 (-68.1%), from €15,670 to €4,995
- Gross operating margin -€125,980
down €125,980, from €115,560 to -€10,419
- Taxes -€19,505
down €19,505 (-98.8%), from €19,750 to €245
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 | €129,111 | €50,086 | -€79,025 | -61.2% |
| Fixed assets | 21/28 | €65,777 | €44,379 | -€21,398 | -32.5% |
| Tangible fixed assets | 22/27 | €65,777 | €44,379 | -€21,398 | -32.5% |
| Plant, machinery and equipment | 23 | €6,267 | €2,786 | -€3,481 | -55.5% |
| Furniture and vehicles | 24 | €59,510 | €41,593 | -€17,917 | -30.1% |
| Current assets | 29/58 | €63,335 | €5,707 | -€57,627 | -91.0% |
| Amounts receivable within one year | 40/41 | €10,672 | €1,287 | -€9,385 | -87.9% |
| Trade receivables | 40 | €10,672 | - | -€10,672 | |
| Other amounts receivable | 41 | - | €1,287 | +€1,287 | |
| Cash at bank and in hand | 54/58 | €49,523 | €1,190 | -€48,333 | -97.6% |
| Deferred charges and accrued income | 490/1 | €3,140 | €3,230 | +€90 | +2.9% |
| Total equity and liabilities | 10/49 | €129,111 | €50,086 | -€79,025 | -61.2% |
| Equity | 10/15 | €73,950 | €40,922 | -€33,028 | -44.7% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €53,950 | €20,922 | -€33,028 | -61.2% |
| Amounts payable | 17/49 | €55,161 | €9,164 | -€45,997 | -83.4% |
| Amounts payable within one year | 42/48 | €55,161 | €9,164 | -€45,997 | -83.4% |
| Trade debts | 44 | €29 | €194 | +€165 | +567.2% |
| Suppliers | 440/4 | €29 | €194 | +€165 | +567.2% |
| Taxes, remuneration and social security | 45 | €15,670 | €4,995 | -€10,674 | -68.1% |
| Taxes | 450/3 | €15,670 | €4,995 | -€10,674 | -68.1% |
| Other amounts payable | 47/48 | €39,462 | €3,975 | -€35,487 | -89.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,602 | €22,253 | +€651 | +3.0% |
| Gross operating margin | 9900 | €115,560 | -€10,419 | -€125,980 | |
| Operating profit (loss) | 9901 | €93,958 | -€32,672 | -€126,631 | |
| Financial charges | 65/66B | €60 | €111 | +€51 | +84.6% |
| Recurring financial charges | 65 | €60 | €111 | +€51 | +84.6% |
| Profit (loss) for the period before taxes | 9903 | €93,898 | -€32,783 | -€126,681 | |
| Income taxes | 67/77 | €19,750 | €245 | -€19,505 | -98.8% |
| Profit (loss) for the period | 9904 | €74,148 | -€33,028 | -€107,177 | |
| Profit (loss) for the period to be appropriated | 9905 | €74,148 | -€33,028 | -€107,177 |
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 10 October 2026 via checked.be.