APICBASE: 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.
APICBASE
Largest movements
- Receivables within one year -€405,188
down €405,188 (-34.9%), from €1.2m to €756,330
of which Other amounts receivable: -€207,096
- Cash +€399,480
up €399,480 (+93.8%), from €425,827 to €825,307
mainly Contributions, distributions and other (+€930,162) and Depreciation (+€612,000)
- Intangible fixed assets +€236,286
up €236,286 (+11.2%), from €2.1m to €2.3m
- Contributions +€930,162
up €930,162 (+33.6%), from €2.8m to €3.7m
- Profit (loss) carried forward -€656,061
down €656,061 (-56.4%), from -€1.2m to -€1.8m
- Trade debts +€124,855
up €124,855 (+64.9%), from €192,427 to €317,282
- Tax, wage and social debts -€120,655
down €120,655 (-33.1%), from €364,810 to €244,155
of which Taxes: -€69,394
- Debts after one year -€119,265
down €119,265 (-28.1%), from €424,062 to €304,797
- Turnover +€3.8m
new in 2025: €3.8m
- Purchases and services +€2.9m
new in 2025: €2.9m
- Gross operating margin -€551,901
down €551,901 (-21.9%), from €2.5m to €2.0m
- Staff costs -€256,070
down €256,070 (-11.7%), from €2.2m to €1.9m
- Depreciation +€147,269
up €147,269 (+31.7%), from €464,731 to €612,000
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 | €3,879,203 | €4,087,054 | +€207,852 | +5.4% |
| Fixed assets | 21/28 | €2,191,587 | €2,416,774 | +€225,187 | +10.3% |
| Intangible fixed assets | 21 | €2,109,186 | €2,345,472 | +€236,286 | +11.2% |
| Tangible fixed assets | 22/27 | €45,261 | €27,567 | -€17,693 | -39.1% |
| Furniture and vehicles | 24 | €21,971 | €8,468 | -€13,503 | -61.5% |
| Other tangible fixed assets | 26 | €23,289 | €19,099 | -€4,190 | -18.0% |
| Financial fixed assets | 28 | €37,140 | €43,735 | +€6,595 | +17.8% |
| Current assets | 29/58 | €1,687,616 | €1,670,280 | -€17,336 | -1.0% |
| Amounts receivable within one year | 40/41 | €1,161,518 | €756,330 | -€405,188 | -34.9% |
| Trade receivables | 40 | €785,686 | €587,593 | -€198,093 | -25.2% |
| Other amounts receivable | 41 | €375,833 | €168,737 | -€207,096 | -55.1% |
| Cash at bank and in hand | 54/58 | €425,827 | €825,307 | +€399,480 | +93.8% |
| Deferred charges and accrued income | 490/1 | €100,270 | €88,643 | -€11,627 | -11.6% |
| Total equity and liabilities | 10/49 | €3,879,203 | €4,087,054 | +€207,852 | +5.4% |
| Equity | 10/15 | €1,605,974 | €1,880,076 | +€274,102 | +17.1% |
| Contributions | 10/11 | €2,769,322 | €3,699,484 | +€930,162 | +33.6% |
| Capital | 10 | €2,769,322 | €3,699,484 | +€930,162 | +33.6% |
| Issued capital | 100 | €2,769,322 | €3,699,484 | +€930,162 | +33.6% |
| Profit (loss) carried forward | 14 | -€1,163,348 | -€1,819,408 | -€656,061 | -56.4% |
| Amounts payable | 17/49 | €2,273,229 | €2,206,979 | -€66,250 | -2.9% |
| Amounts payable after more than one year | 17 | €424,062 | €304,797 | -€119,265 | -28.1% |
| Financial debts | 170/4 | €424,062 | €304,797 | -€119,265 | -28.1% |
| Amounts payable within one year | 42/48 | €695,580 | €680,741 | -€14,839 | -2.1% |
| Current portion of amounts payable after more than one year | 42 | €137,936 | €119,265 | -€18,671 | -13.5% |
| Financial debts | 43 | €408 | €39 | -€368 | -90.3% |
| Credit institutions | 430/8 | €408 | €39 | -€368 | -90.3% |
| Trade debts | 44 | €192,427 | €317,282 | +€124,855 | +64.9% |
| Suppliers | 440/4 | €192,427 | €317,282 | +€124,855 | +64.9% |
| Taxes, remuneration and social security | 45 | €364,810 | €244,155 | -€120,655 | -33.1% |
| Taxes | 450/3 | €71,598 | €2,204 | -€69,394 | -96.9% |
| Remuneration and social security | 454/9 | €293,212 | €241,951 | -€51,261 | -17.5% |
| Accrued charges and deferred income | 492/3 | €1,153,587 | €1,221,441 | +€67,854 | +5.9% |
| Turnover | 70 | - | €3,833,199 | +€3.8m | |
| Non-recurring operating income | 76A | €11,929 | €8,466 | -€3,462 | -29.0% |
| Goods, raw materials, services and sundry goods | 60/61 | - | €2,908,783 | +€2.9m | |
| Remuneration, social security and pensions | 62 | €2,189,086 | €1,933,016 | -€256,070 | -11.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €464,731 | €612,000 | +€147,269 | +31.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€20,145 | €0 | +€20,145 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €0 | - | = | |
| Other operating charges | 640/8 | €32,804 | €5,379 | -€27,425 | -83.6% |
| Non-recurring operating charges | 66A | €123,787 | €52,101 | -€71,686 | -57.9% |
| Gross operating margin | 9900 | €2,518,942 | €1,967,041 | -€551,901 | -21.9% |
| Operating profit (loss) | 9901 | -€271,320 | -€635,455 | -€364,135 | -134.2% |
| Financial income | 75/76B | €15,876 | €8,157 | -€7,719 | -48.6% |
| Recurring financial income | 75 | €15,876 | €8,157 | -€7,719 | -48.6% |
| Non-recurring financial income | 76B | €0 | - | = | |
| Financial charges | 65/66B | €55,004 | €54,804 | -€200 | -0.4% |
| Recurring financial charges | 65 | €55,004 | €54,804 | -€200 | -0.4% |
| Profit (loss) for the period before taxes | 9903 | -€310,449 | -€682,102 | -€371,653 | -119.7% |
| Income taxes | 67/77 | -€29,907 | -€26,041 | +€3,866 | +12.9% |
| Profit (loss) for the period | 9904 | -€280,542 | -€656,061 | -€375,519 | -133.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€280,542 | -€656,061 | -€375,519 | -133.9% |
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.