APIPRO MAINTENANCE SYSTEMS: 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.
APIPRO MAINTENANCE SYSTEMS
Largest movements
- Receivables within one year +€622,228
up €622,228 (+10.2%), from €6.1m to €6.7m
of which Trade receivables: +€579,033
- Other debts +€273,731
up €273,731 (+4.7%), from €5.8m to €6.1m
- Accrued charges and deferred income +€162,454
up €162,454 (+78.1%), from €208,076 to €370,530
- Reserves +€122,251
up €122,251 (+42.7%), from €286,135 to €408,386
of which Distributable reserves: +€122,251
- Tax, wage and social debts +€81,224
up €81,224 (+75.2%), from €108,072 to €189,296
of which Remuneration and social security: +€64,335
- Gross operating margin +€193,719
up €193,719 (+11.5%), from €1.7m to €1.9m
- Taxes +€39,260
up €39,260 (+279%), from €14,075 to €53,335
- Financial charges +€25,268
up €25,268 (+18.1%), from €139,415 to €164,684
- Staff costs +€20,760
up €20,760 (+1.4%), from €1.5m to €1.6m
- Other operating charges -€19,977
down €19,977 (-91.2%), from €21,906 to €1,929
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 | €6,913,424 | €7,561,783 | +€648,359 | +9.4% |
| Fixed assets | 21/28 | €756,952 | €756,461 | -€491 | -0.1% |
| Tangible fixed assets | 22/27 | €2,423 | €1,932 | -€491 | -20.3% |
| Furniture and vehicles | 24 | €2,423 | €1,932 | -€491 | -20.3% |
| Financial fixed assets | 28 | €754,528 | €754,528 | = | 0.0% |
| Current assets | 29/58 | €6,156,472 | €6,805,322 | +€648,850 | +10.5% |
| Amounts receivable within one year | 40/41 | €6,115,666 | €6,737,894 | +€622,228 | +10.2% |
| Trade receivables | 40 | €6,095,947 | €6,674,980 | +€579,033 | +9.5% |
| Other amounts receivable | 41 | €19,718 | €62,914 | +€43,195 | +219% |
| Cash at bank and in hand | 54/58 | €6 | €0 | -€6 | -100% |
| Deferred charges and accrued income | 490/1 | €40,801 | €67,429 | +€26,627 | +65.3% |
| Total equity and liabilities | 10/49 | €6,913,424 | €7,561,783 | +€648,359 | +9.4% |
| Equity | 10/15 | €652,097 | €774,358 | +€122,261 | +18.7% |
| Contributions | 10/11 | €365,972 | €365,972 | = | 0.0% |
| Capital | 10 | €365,972 | €365,972 | = | 0.0% |
| Issued capital | 100 | €365,972 | €365,972 | = | 0.0% |
| Reserves | 13 | €286,135 | €408,386 | +€122,251 | +42.7% |
| Non-distributable reserves | 130/1 | €36,597 | €36,597 | = | 0.0% |
| Legal reserve | 130 | €36,597 | €36,597 | = | 0.0% |
| Distributable reserves | 133 | €249,538 | €371,789 | +€122,251 | +49.0% |
| Profit (loss) carried forward | 14 | -€10 | €0 | +€10 | |
| Amounts payable | 17/49 | €6,261,328 | €6,787,425 | +€526,098 | +8.4% |
| Amounts payable within one year | 42/48 | €6,053,252 | €6,416,896 | +€363,644 | +6.0% |
| Trade debts | 44 | €113,085 | €121,774 | +€8,689 | +7.7% |
| Suppliers | 440/4 | €113,085 | €121,774 | +€8,689 | +7.7% |
| Taxes, remuneration and social security | 45 | €108,072 | €189,296 | +€81,224 | +75.2% |
| Taxes | 450/3 | €0 | €16,889 | +€16,889 | |
| Remuneration and social security | 454/9 | €108,072 | €172,407 | +€64,335 | +59.5% |
| Other amounts payable | 47/48 | €5,832,095 | €6,105,826 | +€273,731 | +4.7% |
| Accrued charges and deferred income | 492/3 | €208,076 | €370,530 | +€162,454 | +78.1% |
| Remuneration, social security and pensions | 62 | €1,533,278 | €1,554,038 | +€20,760 | +1.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31 | €491 | +€459 | +1,459% |
| Other operating charges | 640/8 | €21,906 | €1,929 | -€19,977 | -91.2% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €1,684,624 | €1,878,342 | +€193,719 | +11.5% |
| Operating profit (loss) | 9901 | €129,408 | €321,884 | +€192,476 | +149% |
| Financial income | 75/76B | €24,073 | €18,396 | -€5,676 | -23.6% |
| Recurring financial income | 75 | €24,073 | €18,396 | -€5,676 | -23.6% |
| Financial charges | 65/66B | €139,415 | €164,684 | +€25,268 | +18.1% |
| Recurring financial charges | 65 | €139,415 | €164,684 | +€25,268 | +18.1% |
| Profit (loss) for the period before taxes | 9903 | €14,065 | €175,597 | +€161,531 | +1,148% |
| Income taxes | 67/77 | €14,075 | €53,335 | +€39,260 | +279% |
| Profit (loss) for the period | 9904 | -€10 | €122,261 | +€122,271 | |
| Profit (loss) for the period to be appropriated | 9905 | -€10 | €122,261 | +€122,271 |
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.