APIERLOT: 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.
APIERLOT
Largest movements
- Receivables within one year +€21,010
up €21,010 (+45.6%), from €46,042 to €67,052
of which Trade receivables: +€13,089
- Stocks and contracts +€14,000
up €14,000 (+41.8%), from €33,500 to €47,500
- Tangible fixed assets -€7,386
down €7,386 (-27.3%), from €27,010 to €19,624
of which Furniture and vehicles: -€8,934
- Cash +€1,980
up €1,980 (+22.8%), from €8,691 to €10,671
mainly Tax, wage and social debts (+€18,276) and Net result for the year (+€17,768)
- Tax, wage and social debts +€18,276
up €18,276 (+101%), from €18,055 to €36,331
of which Taxes: +€15,290
- Other debts +€10,445
up €10,445 (+148%), from €7,055 to €17,500
- Purchases and services +€73,644
new in 2024: €73,644
- Other operating charges -€73,614
down €73,614 (-88.1%), from €83,541 to €9,927
- Gross operating margin -€41,991
down €41,991 (-32.1%), from €130,962 to €88,971
- Turnover +€31,653
up €31,653 (+24.2%), from €130,962 to €162,615
- Staff costs +€16,973
up €16,973 (+46.4%), from €36,588 to €53,561
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €115,543 | €145,147 | +€29,604 | +25.6% |
| Fixed assets | 21/28 | €27,310 | €19,924 | -€7,386 | -27.0% |
| Tangible fixed assets | 22/27 | €27,010 | €19,624 | -€7,386 | -27.3% |
| Land and buildings | 22 | - | €299 | +€299 | |
| Plant, machinery and equipment | 23 | - | €1,249 | +€1,249 | |
| Furniture and vehicles | 24 | €27,010 | €18,076 | -€8,934 | -33.1% |
| Financial fixed assets | 28 | €300 | €300 | = | 0.0% |
| Current assets | 29/58 | €88,233 | €125,223 | +€36,990 | +41.9% |
| Stocks and contracts in progress | 3 | €33,500 | €47,500 | +€14,000 | +41.8% |
| Stocks | 30/36 | €33,500 | €47,500 | +€14,000 | +41.8% |
| Amounts receivable within one year | 40/41 | €46,042 | €67,052 | +€21,010 | +45.6% |
| Trade receivables | 40 | €36,393 | €49,482 | +€13,089 | +36.0% |
| Other amounts receivable | 41 | €9,649 | €17,570 | +€7,921 | +82.1% |
| Cash at bank and in hand | 54/58 | €8,691 | €10,671 | +€1,980 | +22.8% |
| Total equity and liabilities | 10/49 | €115,543 | €145,147 | +€29,604 | +25.6% |
| Equity | 10/15 | €73,657 | €73,925 | +€268 | +0.4% |
| Contributions | 10/11 | €3,300 | €3,300 | = | 0.0% |
| Profit (loss) carried forward | 14 | €70,357 | €70,625 | +€268 | +0.4% |
| Amounts payable | 17/49 | €41,886 | €71,222 | +€29,336 | +70.0% |
| Amounts payable within one year | 42/48 | €41,886 | €71,222 | +€29,336 | +70.0% |
| Trade debts | 44 | €16,776 | €17,391 | +€615 | +3.7% |
| Suppliers | 440/4 | €16,776 | €17,391 | +€615 | +3.7% |
| Taxes, remuneration and social security | 45 | €18,055 | €36,331 | +€18,276 | +101% |
| Taxes | 450/3 | €6,811 | €22,101 | +€15,290 | +224% |
| Remuneration and social security | 454/9 | €11,244 | €14,230 | +€2,986 | +26.6% |
| Other amounts payable | 47/48 | €7,055 | €17,500 | +€10,445 | +148% |
| Turnover | 70 | €130,962 | €162,615 | +€31,653 | +24.2% |
| Goods, raw materials, services and sundry goods | 60/61 | - | €73,644 | +€73,644 | |
| Remuneration, social security and pensions | 62 | €36,588 | €53,561 | +€16,973 | +46.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,361 | €7,718 | -€2,643 | -25.5% |
| Other operating charges | 640/8 | €83,541 | €9,927 | -€73,614 | -88.1% |
| Gross operating margin | 9900 | €130,962 | €88,971 | -€41,991 | -32.1% |
| Operating profit (loss) | 9901 | €472 | €17,765 | +€17,293 | +3,664% |
| Financial income | 75/76B | - | €3 | +€3 | |
| Recurring financial income | 75 | - | €3 | +€3 | |
| Non-recurring financial income | 76B | - | €3 | +€3 | |
| Profit (loss) for the period before taxes | 9903 | €472 | €17,768 | +€17,296 | +3,664% |
| Income taxes | 67/77 | -€2,037 | - | +€2,037 | |
| Profit (loss) for the period | 9904 | €2,509 | €17,768 | +€15,259 | +608% |
| Profit (loss) for the period to be appropriated | 9905 | €2,509 | €17,768 | +€15,259 | +608% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.