APISOFT: 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.
APISOFT
Largest movements
- Cash +€98,955
up €98,955 (+229%), from €43,251 to €142,207
mainly Net result for the year (+€59,025) and Receivables within one year (+€28,525)
- Receivables within one year -€28,525
down €28,525 (-18.9%), from €151,261 to €122,737
of which Trade receivables: -€28,525
- Stocks and contracts -€15,249
down €15,249 (-28.5%), from €53,460 to €38,211
of which Contracts in progress: -€18,164
- Intangible fixed assets -€8,211
down €8,211 (-41.1%), from €20,000 to €11,789
- Tangible fixed assets +€3,853
up €3,853 (+78.0%), from €4,940 to €8,793
of which Furniture and vehicles: +€4,213
- Profit (loss) carried forward +€59,025
up €59,025 (+55.5%), from €106,298 to €165,323
- Reserves -€39,436
down €39,436 (-95.5%), from €41,296 to €1,860
- Other debts +€27,415
up €27,415 (+211%), from €13,018 to €40,433
- Trade debts +€8,799
up €8,799 (+21.9%), from €40,217 to €49,016
- Tax, wage and social debts -€5,152
down €5,152 (-10.0%), from €51,416 to €46,265
of which Taxes: -€12,054
- Gross operating margin +€80,626
up €80,626 (+38.8%), from €207,792 to €288,418
- Staff costs +€39,350
up €39,350 (+26.5%), from €148,723 to €188,073
- Taxes +€10,020
up €10,020 (+96.3%), from €10,405 to €20,425
- Other operating charges -€6,975
down €6,975 (-98.0%), from €7,119 to €144
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 | €274,043 | €324,867 | +€50,824 | +18.5% |
| Fixed assets | 21/28 | €25,120 | €20,762 | -€4,358 | -17.3% |
| Intangible fixed assets | 21 | €20,000 | €11,789 | -€8,211 | -41.1% |
| Tangible fixed assets | 22/27 | €4,940 | €8,793 | +€3,853 | +78.0% |
| Plant, machinery and equipment | 23 | €1,470 | €1,110 | -€360 | -24.5% |
| Furniture and vehicles | 24 | €3,470 | €7,684 | +€4,213 | +121% |
| Financial fixed assets | 28 | €180 | €180 | = | 0.0% |
| Current assets | 29/58 | €248,923 | €304,104 | +€55,182 | +22.2% |
| Stocks and contracts in progress | 3 | €53,460 | €38,211 | -€15,249 | -28.5% |
| Stocks | 30/36 | €30,229 | €33,144 | +€2,915 | +9.6% |
| Contracts in progress | 37 | €23,231 | €5,067 | -€18,164 | -78.2% |
| Amounts receivable within one year | 40/41 | €151,261 | €122,737 | -€28,525 | -18.9% |
| Trade receivables | 40 | €146,666 | €118,142 | -€28,525 | -19.4% |
| Other amounts receivable | 41 | €4,595 | €4,595 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €43,251 | €142,207 | +€98,955 | +229% |
| Deferred charges and accrued income | 490/1 | €950 | €950 | = | 0.0% |
| Total equity and liabilities | 10/49 | €274,043 | €324,867 | +€50,824 | +18.5% |
| Equity | 10/15 | €166,194 | €185,783 | +€19,589 | +11.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €41,296 | €1,860 | -€39,436 | -95.5% |
| Distributable reserves | 133 | €41,296 | €1,860 | -€39,436 | -95.5% |
| Profit (loss) carried forward | 14 | €106,298 | €165,323 | +€59,025 | +55.5% |
| Amounts payable | 17/49 | €107,848 | €139,084 | +€31,235 | +29.0% |
| Amounts payable within one year | 42/48 | €107,848 | €139,084 | +€31,235 | +29.0% |
| Current portion of amounts payable after more than one year | 42 | €3,197 | €3,370 | +€173 | +5.4% |
| Trade debts | 44 | €40,217 | €49,016 | +€8,799 | +21.9% |
| Suppliers | 440/4 | €40,217 | €49,016 | +€8,799 | +21.9% |
| Taxes, remuneration and social security | 45 | €51,416 | €46,265 | -€5,152 | -10.0% |
| Taxes | 450/3 | €28,108 | €16,055 | -€12,054 | -42.9% |
| Remuneration and social security | 454/9 | €23,308 | €30,210 | +€6,902 | +29.6% |
| Other amounts payable | 47/48 | €13,018 | €40,433 | +€27,415 | +211% |
| Remuneration, social security and pensions | 62 | €148,723 | €188,073 | +€39,350 | +26.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,445 | €12,947 | +€502 | +4.0% |
| Other operating charges | 640/8 | €7,119 | €144 | -€6,975 | -98.0% |
| Gross operating margin | 9900 | €207,792 | €288,418 | +€80,626 | +38.8% |
| Operating profit (loss) | 9901 | €39,505 | €87,254 | +€47,749 | +121% |
| Financial income | 75/76B | €500 | €304 | -€197 | -39.3% |
| Recurring financial income | 75 | €500 | €304 | -€197 | -39.3% |
| Financial charges | 65/66B | €5,963 | €8,108 | +€2,145 | +36.0% |
| Recurring financial charges | 65 | €5,963 | €8,108 | +€2,145 | +36.0% |
| Profit (loss) for the period before taxes | 9903 | €34,043 | €79,450 | +€45,407 | +133% |
| Income taxes | 67/77 | €10,405 | €20,425 | +€10,020 | +96.3% |
| Profit (loss) for the period | 9904 | €23,638 | €59,025 | +€35,387 | +150% |
| Profit (loss) for the period to be appropriated | 9905 | €23,638 | €59,025 | +€35,387 | +150% |
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.