APEXX CONSULTING: 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.
APEXX CONSULTING
Largest movements
- Receivables within one year +€9,956
up €9,956 (+25.5%), from €38,982 to €48,938
of which Trade receivables: +€9,440
- Cash +€6,727
up €6,727 (+11.3%), from €59,536 to €66,263
mainly Net result for the year (+€60,345) and Other debts (+€14,000)
- Tangible fixed assets +€3,213
up €3,213 (+86.2%), from €3,725 to €6,938
- Other debts +€14,000
up €14,000, from €0 to €14,000
- Current portion of long-term debt +€5,061
up €5,061, from €0 to €5,061
- Tax, wage and social debts +€3,625
up €3,625 (+16.0%), from €22,692 to €26,318
of which Taxes: +€3,449
- Profit (loss) carried forward -€3,067
down €3,067 (-4.1%), from €74,505 to €71,438
- Gross operating margin +€9,657
up €9,657 (+12.2%), from €78,932 to €88,589
- Financial charges +€2,403
up €2,403 (+181%), from €1,327 to €3,730
- Depreciation +€2,268
up €2,268 (+89.3%), from €2,540 to €4,808
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 | €102,320 | €122,216 | +€19,896 | +19.4% |
| Fixed assets | 21/28 | €3,802 | €7,014 | +€3,213 | +84.5% |
| Tangible fixed assets | 22/27 | €3,725 | €6,938 | +€3,213 | +86.2% |
| Furniture and vehicles | 24 | €3,725 | €6,938 | +€3,213 | +86.2% |
| Financial fixed assets | 28 | €76 | €76 | = | 0.0% |
| Current assets | 29/58 | €98,518 | €115,201 | +€16,683 | +16.9% |
| Amounts receivable within one year | 40/41 | €38,982 | €48,938 | +€9,956 | +25.5% |
| Trade receivables | 40 | €18,982 | €28,423 | +€9,440 | +49.7% |
| Other amounts receivable | 41 | €20,000 | €20,515 | +€515 | +2.6% |
| Cash at bank and in hand | 54/58 | €59,536 | €66,263 | +€6,727 | +11.3% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €102,320 | €122,216 | +€19,896 | +19.4% |
| Equity | 10/15 | €79,505 | €76,438 | -€3,067 | -3.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €74,505 | €71,438 | -€3,067 | -4.1% |
| Amounts payable | 17/49 | €22,815 | €45,778 | +€22,963 | +101% |
| Amounts payable within one year | 42/48 | €22,815 | €45,778 | +€22,963 | +101% |
| Current portion of amounts payable after more than one year | 42 | €0 | €5,061 | +€5,061 | |
| Trade debts | 44 | €123 | €399 | +€277 | +225% |
| Suppliers | 440/4 | €123 | €399 | +€277 | +225% |
| Advances received on contracts in progress | 46 | - | €0 | = | |
| Taxes, remuneration and social security | 45 | €22,692 | €26,318 | +€3,625 | +16.0% |
| Taxes | 450/3 | €22,692 | €26,142 | +€3,449 | +15.2% |
| Remuneration and social security | 454/9 | €0 | €176 | +€176 | |
| Other amounts payable | 47/48 | €0 | €14,000 | +€14,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,540 | €4,808 | +€2,268 | +89.3% |
| Other operating charges | 640/8 | €4,130 | €4,213 | +€82 | +2.0% |
| Gross operating margin | 9900 | €78,932 | €88,589 | +€9,657 | +12.2% |
| Operating profit (loss) | 9901 | €72,262 | €79,568 | +€7,307 | +10.1% |
| Financial income | 75/76B | €0 | €18 | +€18 | +181,600% |
| Recurring financial income | 75 | €0 | €18 | +€18 | +181,600% |
| Financial charges | 65/66B | €1,327 | €3,730 | +€2,403 | +181% |
| Recurring financial charges | 65 | €1,327 | €3,730 | +€2,403 | +181% |
| Profit (loss) for the period before taxes | 9903 | €70,935 | €75,857 | +€4,922 | +6.9% |
| Income taxes | 67/77 | €15,440 | €15,512 | +€72 | +0.5% |
| Profit (loss) for the period | 9904 | €55,495 | €60,345 | +€4,850 | +8.7% |
| Profit (loss) for the period to be appropriated | 9905 | €55,495 | €60,345 | +€4,850 | +8.7% |
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 1 November 2026 via checked.be.