APIS 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.
APIS CONSULTING
Largest movements
- Cash -€25,129
down €25,129 (-59.0%), from €42,560 to €17,431
mainly Debts after one year (-€29,014) and Investment in fixed assets (net) (-€24,547)
- Tangible fixed assets -€12,468
down €12,468 (-6.5%), from €192,611 to €180,143
of which Land and buildings: -€7,500
- Deferred charges and accrued income +€11,934
up €11,934 (+5,051%), from €236 to €12,170
- Receivables within one year +€9,990
up €9,990 (+51.0%), from €19,573 to €29,564
of which Other amounts receivable: +€5,852
- Debts after one year -€29,014
down €29,014 (-27.6%), from €105,103 to €76,089
- Reserves +€17,619
up €17,619 (+43.1%), from €40,912 to €58,531
of which Distributable reserves: +€17,619
- Tax, wage and social debts -€4,404
down €4,404 (-44.3%), from €9,937 to €5,533
of which Taxes: -€4,204
- Gross operating margin +€5,418
up €5,418 (+6.8%), from €79,272 to €84,690
- Other operating charges +€2,581
up €2,581 (+21.0%), from €12,281 to €14,862
- Financial charges +€2,187
up €2,187 (+54.2%), from €4,031 to €6,217
- Depreciation +€2,133
up €2,133 (+6.1%), from €34,882 to €37,015
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 | €255,150 | €240,136 | -€15,014 | -5.9% |
| Fixed assets | 21/28 | €192,648 | €180,180 | -€12,468 | -6.5% |
| Tangible fixed assets | 22/27 | €192,611 | €180,143 | -€12,468 | -6.5% |
| Land and buildings | 22 | €83,250 | €75,750 | -€7,500 | -9.0% |
| Plant, machinery and equipment | 23 | €953 | €1,651 | +€698 | +73.3% |
| Furniture and vehicles | 24 | €1,443 | €1,454 | +€10 | +0.7% |
| Other tangible fixed assets | 26 | €106,966 | €101,289 | -€5,677 | -5.3% |
| Financial fixed assets | 28 | €37 | €37 | = | 0.0% |
| Current assets | 29/58 | €62,502 | €59,956 | -€2,546 | -4.1% |
| Stocks and contracts in progress | 3 | - | €659 | +€659 | |
| Stocks | 30/36 | - | €659 | +€659 | |
| Amounts receivable within one year | 40/41 | €19,573 | €29,564 | +€9,990 | +51.0% |
| Trade receivables | 40 | €9,525 | €13,663 | +€4,138 | +43.4% |
| Other amounts receivable | 41 | €10,049 | €15,901 | +€5,852 | +58.2% |
| Current investments | 50/53 | €133 | €133 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €42,560 | €17,431 | -€25,129 | -59.0% |
| Deferred charges and accrued income | 490/1 | €236 | €12,170 | +€11,934 | +5,051% |
| Total equity and liabilities | 10/49 | €255,150 | €240,136 | -€15,014 | -5.9% |
| Equity | 10/15 | €111,286 | €128,906 | +€17,619 | +15.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | €6,200 | €6,200 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €40,912 | €58,531 | +€17,619 | +43.1% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €39,052 | €56,671 | +€17,619 | +45.1% |
| Profit (loss) carried forward | 14 | €64,174 | €64,174 | = | 0.0% |
| Amounts payable | 17/49 | €143,864 | €111,231 | -€32,633 | -22.7% |
| Amounts payable after more than one year | 17 | €105,103 | €76,089 | -€29,014 | -27.6% |
| Financial debts | 170/4 | €105,103 | €76,089 | -€29,014 | -27.6% |
| Amounts payable within one year | 42/48 | €38,761 | €35,141 | -€3,620 | -9.3% |
| Current portion of amounts payable after more than one year | 42 | €28,676 | €29,014 | +€338 | +1.2% |
| Trade debts | 44 | €149 | €595 | +€446 | +300% |
| Suppliers | 440/4 | €149 | €595 | +€446 | +300% |
| Taxes, remuneration and social security | 45 | €9,937 | €5,533 | -€4,404 | -44.3% |
| Taxes | 450/3 | €9,737 | €5,533 | -€4,204 | -43.2% |
| Remuneration and social security | 454/9 | €200 | - | -€200 | |
| Non-recurring operating income | 76A | - | €5,142 | +€5,142 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,882 | €37,015 | +€2,133 | +6.1% |
| Other operating charges | 640/8 | €12,281 | €14,862 | +€2,581 | +21.0% |
| Gross operating margin | 9900 | €79,272 | €84,690 | +€5,418 | +6.8% |
| Operating profit (loss) | 9901 | €32,109 | €32,813 | +€704 | +2.2% |
| Financial income | 75/76B | €223 | €794 | +€572 | +257% |
| Recurring financial income | 75 | €223 | €794 | +€572 | +257% |
| Financial charges | 65/66B | €4,031 | €6,217 | +€2,187 | +54.2% |
| Recurring financial charges | 65 | €4,031 | €6,217 | +€2,187 | +54.2% |
| Profit (loss) for the period before taxes | 9903 | €28,300 | €27,390 | -€911 | -3.2% |
| Income taxes | 67/77 | €9,380 | €9,770 | +€390 | +4.2% |
| Profit (loss) for the period | 9904 | €18,920 | €17,619 | -€1,301 | -6.9% |
| Profit (loss) for the period to be appropriated | 9905 | €18,920 | €17,619 | -€1,301 | -6.9% |
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 15 October 2026 via checked.be.