apideck: 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.
apideck
Largest movements
- Cash -€2.6m
down €2.6m (-94.7%), from €2.8m to €147,092
mainly Current investments (-€1.6m) and Net result for the year (-€782,979)
- Current investments +€1.6m
new in 2025: €1.6m
- Receivables within one year +€226,025
up €226,025 (+122%), from €185,395 to €411,420
of which Trade receivables: +€200,726
- Intangible fixed assets +€192,772
up €192,772 (+13.8%), from €1.4m to €1.6m
- Profit (loss) carried forward -€782,979
down €782,979 (-60.8%), from -€1.3m to -€2.1m
- Trade debts +€108,658
up €108,658 (+177%), from €61,299 to €169,957
- Accrued charges and deferred income +€92,726
up €92,726 (+24.5%), from €378,709 to €471,435
- Gross operating margin -€337,321
down €337,321, from €72,595 to -€264,725
- Depreciation +€91,141
up €91,141 (+29.8%), from €305,497 to €396,638
- Staff costs +€78,936
up €78,936 (+332%), from €23,746 to €102,682
- Financial charges -€78,207
down €78,207 (-64.8%), from €120,782 to €42,575
- Financial income +€19,776
up €19,776 (+332%), from €5,951 to €25,727
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 | €4,407,223 | €3,803,030 | -€604,193 | -13.7% |
| Fixed assets | 21/28 | €1,398,942 | €1,592,745 | +€193,803 | +13.9% |
| Intangible fixed assets | 21 | €1,397,472 | €1,590,243 | +€192,772 | +13.8% |
| Tangible fixed assets | 22/27 | €1,470 | €2,502 | +€1,032 | +70.2% |
| Plant, machinery and equipment | 23 | €1,470 | €2,502 | +€1,032 | +70.2% |
| Current assets | 29/58 | €3,008,281 | €2,210,285 | -€797,997 | -26.5% |
| Amounts receivable within one year | 40/41 | €185,395 | €411,420 | +€226,025 | +122% |
| Trade receivables | 40 | €131,911 | €332,637 | +€200,726 | +152% |
| Other amounts receivable | 41 | €53,485 | €78,783 | +€25,299 | +47.3% |
| Current investments | 50/53 | - | €1,600,000 | +€1.6m | |
| Cash at bank and in hand | 54/58 | €2,788,710 | €147,092 | -€2.6m | -94.7% |
| Deferred charges and accrued income | 490/1 | €34,175 | €51,772 | +€17,597 | +51.5% |
| Total equity and liabilities | 10/49 | €4,407,223 | €3,803,030 | -€604,193 | -13.7% |
| Equity | 10/15 | €3,931,490 | €3,148,511 | -€782,979 | -19.9% |
| Contributions | 10/11 | €5,218,629 | €5,218,629 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,287,139 | -€2,070,118 | -€782,979 | -60.8% |
| Amounts payable | 17/49 | €475,733 | €654,519 | +€178,785 | +37.6% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €97,024 | €183,083 | +€86,059 | +88.7% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €61,299 | €169,957 | +€108,658 | +177% |
| Suppliers | 440/4 | €61,299 | €169,957 | +€108,658 | +177% |
| Taxes, remuneration and social security | 45 | €8,699 | €12,172 | +€3,473 | +39.9% |
| Taxes | 450/3 | €3,344 | €215 | -€3,129 | -93.6% |
| Remuneration and social security | 454/9 | €5,355 | €11,957 | +€6,602 | +123% |
| Other amounts payable | 47/48 | €27,026 | €954 | -€26,072 | -96.5% |
| Accrued charges and deferred income | 492/3 | €378,709 | €471,435 | +€92,726 | +24.5% |
| Remuneration, social security and pensions | 62 | €23,746 | €102,682 | +€78,936 | +332% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €305,497 | €396,638 | +€91,141 | +29.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €6,000 | €500 | -€5,500 | -91.7% |
| Other operating charges | 640/8 | €2,133 | €1,586 | -€547 | -25.7% |
| Gross operating margin | 9900 | €72,595 | -€264,725 | -€337,321 | |
| Operating profit (loss) | 9901 | -€264,781 | -€766,131 | -€501,350 | -189% |
| Financial income | 75/76B | €5,951 | €25,727 | +€19,776 | +332% |
| Recurring financial income | 75 | €5,951 | €25,727 | +€19,776 | +332% |
| Financial charges | 65/66B | €120,782 | €42,575 | -€78,207 | -64.8% |
| Recurring financial charges | 65 | €120,782 | €42,575 | -€78,207 | -64.8% |
| Profit (loss) for the period before taxes | 9903 | -€379,612 | -€782,979 | -€403,366 | -106% |
| Income taxes | 67/77 | €14 | €0 | -€14 | -100% |
| Profit (loss) for the period | 9904 | -€379,626 | -€782,979 | -€403,353 | -106% |
| Profit (loss) for the period to be appropriated | 9905 | -€379,626 | -€782,979 | -€403,353 | -106% |
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 17 October 2026 via checked.be.