APK: what changed
Two fiscal 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.
APK
Largest movements
- Cash +€26,178
up €26,178 (+381.7%), from €6,858 to €33,036
mainly Receivables within one year (+€23,600) and Net result for the year (+€16,666)
- Receivables within one year -€23,600
down €23,600 (-22.4%), from €105,396 to €81,796
of which Other amounts receivable: -€28,127
- Tangible fixed assets -€12,713
down €12,713 (-33.7%), from €37,705 to €24,991
of which Furniture and vehicles: -€8,313
- Profit (loss) carried forward +€16,666
up €16,666 (+30.4%), from €54,783 to €71,449
- Debts after one year -€15,592
no longer reported in 2024 (was €15,592)
- Tax, wage and social debts -€12,670
down €12,670 (-57.7%), from €21,965 to €9,295
of which Taxes: -€8,982
- Current portion of long-term debt +€3,261
up €3,261 (+26.4%), from €12,331 to €15,592
- Gross operating margin +€21,770
up €21,770 (+49.4%), from €44,031 to €65,802
- Depreciation -€4,715
down €4,715 (-29.5%), from €15,968 to €11,253
- Taxes -€3,598
down €3,598 (-35.7%), from €10,091 to €6,492
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.
Cash bridge derived
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 | €158,475 | €148,890 | -€9,585 | -6.0% |
| Fixed assets | 21/28 | €38,195 | €25,481 | -€12,713 | -33.3% |
| Tangible fixed assets | 22/27 | €37,705 | €24,991 | -€12,713 | -33.7% |
| Plant, machinery and equipment | 23 | €5,768 | €3,968 | -€1,800 | -31.2% |
| Furniture and vehicles | 24 | €27,337 | €19,024 | -€8,313 | -30.4% |
| Other tangible fixed assets | 26 | €4,600 | €2,000 | -€2,600 | -56.5% |
| Financial fixed assets | 28 | €490 | €490 | = | 0.0% |
| Current assets | 29/58 | €120,280 | €123,408 | +€3,128 | +2.6% |
| Stocks and contracts in progress | 3 | €4,726 | €5,276 | +€550 | +11.6% |
| Stocks | 30/36 | €4,726 | €5,276 | +€550 | +11.6% |
| Amounts receivable within one year | 40/41 | €105,396 | €81,796 | -€23,600 | -22.4% |
| Trade receivables | 40 | €6,216 | €10,744 | +€4,528 | +72.8% |
| Other amounts receivable | 41 | €99,179 | €71,052 | -€28,127 | -28.4% |
| Cash at bank and in hand | 54/58 | €6,858 | €33,036 | +€26,178 | +381.7% |
| Deferred charges and accrued income | 490/1 | €3,301 | €3,301 | = | 0.0% |
| Total equity and liabilities | 10/49 | €158,475 | €148,890 | -€9,585 | -6.0% |
| Equity | 10/15 | €63,211 | €79,877 | +€16,666 | +26.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €2,228 | €2,228 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,228 | €2,228 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,228 | €2,228 | = | 0.0% |
| Profit (loss) carried forward | 14 | €54,783 | €71,449 | +€16,666 | +30.4% |
| Amounts payable | 17/49 | €95,263 | €69,013 | -€26,251 | -27.6% |
| Amounts payable after more than one year | 17 | €15,592 | - | -€15,592 | |
| Financial debts | 170/4 | €15,592 | - | -€15,592 | |
| Amounts payable within one year | 42/48 | €79,672 | €69,013 | -€10,659 | -13.4% |
| Current portion of amounts payable after more than one year | 42 | €12,331 | €15,592 | +€3,261 | +26.4% |
| Trade debts | 44 | €45,376 | €44,126 | -€1,250 | -2.8% |
| Suppliers | 440/4 | €45,376 | €44,126 | -€1,250 | -2.8% |
| Taxes, remuneration and social security | 45 | €21,965 | €9,295 | -€12,670 | -57.7% |
| Taxes | 450/3 | €9,153 | €171 | -€8,982 | -98.1% |
| Remuneration and social security | 454/9 | €12,813 | €9,125 | -€3,688 | -28.8% |
| Non-recurring operating income | 76A | - | €1 | +€1 | |
| Remuneration, social security and pensions | 62 | €31,119 | €30,711 | -€409 | -1.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,968 | €11,253 | -€4,715 | -29.5% |
| Other operating charges | 640/8 | €719 | €285 | -€434 | -60.3% |
| Non-recurring operating charges | 66A | €1,918 | - | -€1,918 | |
| Gross operating margin | 9900 | €44,031 | €65,802 | +€21,770 | +49.4% |
| Operating profit (loss) | 9901 | -€5,694 | €23,552 | +€29,246 | |
| Financial charges | 65/66B | €496 | €394 | -€102 | -20.5% |
| Recurring financial charges | 65 | €496 | €394 | -€102 | -20.5% |
| Profit (loss) for the period before taxes | 9903 | -€6,190 | €23,158 | +€29,348 | |
| Income taxes | 67/77 | €10,091 | €6,492 | -€3,598 | -35.7% |
| Profit (loss) for the period | 9904 | -€16,280 | €16,666 | +€32,946 | |
| Profit (loss) for the period to be appropriated | 9905 | -€16,280 | €16,666 | +€32,946 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.