APLC Advisors: 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.
APLC Advisors
Largest movements
- Cash +€122,073
up €122,073 (+659%), from €18,533 to €140,606
mainly Current investments (+€100,370) and Depreciation (+€22,146)
- Current investments -€100,370
down €100,370 (-46.3%), from €216,875 to €116,505
- Tangible fixed assets -€18,122
down €18,122 (-27.7%), from €65,344 to €47,222
of which Furniture and vehicles: -€17,008
- Receivables within one year -€17,729
down €17,729 (-20.9%), from €84,650 to €66,921
of which Trade receivables: -€26,004
- Deferred charges and accrued income -€11,851
down €11,851 (-84.8%), from €13,979 to €2,128
- Other debts -€26,934
down €26,934 (-32.3%), from €83,437 to €56,502
- Trade debts -€5,231
down €5,231 (-40.0%), from €13,078 to €7,847
- Gross operating margin -€40,960
down €40,960 (-73.7%), from €55,564 to €14,605
- Financial income +€16,715
up €16,715 (+432%), from €3,870 to €20,585
- Taxes -€6,905
down €6,905 (-76.9%), from €8,981 to €2,076
- Financial charges -€3,626
down €3,626 (-34.7%), from €10,445 to €6,818
of which Non-recurring financial charges: -€2,269
- Depreciation +€1,251
up €1,251 (+6.0%), from €20,896 to €22,146
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 | €399,381 | €373,382 | -€25,999 | -6.5% |
| Fixed assets | 21/28 | €65,344 | €47,222 | -€18,122 | -27.7% |
| Tangible fixed assets | 22/27 | €65,344 | €47,222 | -€18,122 | -27.7% |
| Plant, machinery and equipment | 23 | €4,084 | €2,969 | -€1,115 | -27.3% |
| Furniture and vehicles | 24 | €61,261 | €44,253 | -€17,008 | -27.8% |
| Current assets | 29/58 | €334,037 | €326,160 | -€7,877 | -2.4% |
| Amounts receivable within one year | 40/41 | €84,650 | €66,921 | -€17,729 | -20.9% |
| Trade receivables | 40 | €70,842 | €44,838 | -€26,004 | -36.7% |
| Other amounts receivable | 41 | €13,807 | €22,082 | +€8,275 | +59.9% |
| Current investments | 50/53 | €216,875 | €116,505 | -€100,370 | -46.3% |
| Cash at bank and in hand | 54/58 | €18,533 | €140,606 | +€122,073 | +659% |
| Deferred charges and accrued income | 490/1 | €13,979 | €2,128 | -€11,851 | -84.8% |
| Total equity and liabilities | 10/49 | €399,381 | €373,382 | -€25,999 | -6.5% |
| Equity | 10/15 | €292,019 | €295,334 | +€3,315 | +1.1% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €282,019 | €285,334 | +€3,315 | +1.2% |
| Distributable reserves | 133 | €282,019 | €285,334 | +€3,315 | +1.2% |
| Amounts payable | 17/49 | €107,362 | €78,048 | -€29,314 | -27.3% |
| Amounts payable within one year | 42/48 | €100,965 | €71,595 | -€29,370 | -29.1% |
| Trade debts | 44 | €13,078 | €7,847 | -€5,231 | -40.0% |
| Suppliers | 440/4 | €13,078 | €7,847 | -€5,231 | -40.0% |
| Taxes, remuneration and social security | 45 | €4,449 | €7,245 | +€2,796 | +62.8% |
| Taxes | 450/3 | €4,449 | €7,245 | +€2,796 | +62.8% |
| Other amounts payable | 47/48 | €83,437 | €56,502 | -€26,934 | -32.3% |
| Accrued charges and deferred income | 492/3 | €6,398 | €6,453 | +€56 | +0.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,896 | €22,146 | +€1,251 | +6.0% |
| Other operating charges | 640/8 | €822 | €834 | +€12 | +1.4% |
| Gross operating margin | 9900 | €55,564 | €14,605 | -€40,960 | -73.7% |
| Operating profit (loss) | 9901 | €33,846 | -€8,375 | -€42,222 | |
| Financial income | 75/76B | €3,870 | €20,585 | +€16,715 | +432% |
| Recurring financial income | 75 | €3,870 | €20,585 | +€16,715 | +432% |
| Financial charges | 65/66B | €10,445 | €6,818 | -€3,626 | -34.7% |
| Recurring financial charges | 65 | €8,175 | €6,818 | -€1,357 | -16.6% |
| Non-recurring financial charges | 66B | €2,269 | - | -€2,269 | |
| Profit (loss) for the period before taxes | 9903 | €27,272 | €5,391 | -€21,881 | -80.2% |
| Income taxes | 67/77 | €8,981 | €2,076 | -€6,905 | -76.9% |
| Profit (loss) for the period | 9904 | €18,291 | €3,315 | -€14,976 | -81.9% |
| Profit (loss) for the period to be appropriated | 9905 | €18,291 | €3,315 | -€14,976 | -81.9% |
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 20 October 2026 via checked.be.