APLI: 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.
APLI
Largest movements
- Cash -€142,968
down €142,968 (-34.8%), from €411,188 to €268,220
mainly Other debts (-€150,000) and Receivables within one year (-€70,841)
- Receivables within one year +€70,841
up €70,841 (+45.2%), from €156,900 to €227,741
of which Trade receivables: +€59,279
- Deferred charges and accrued income +€7,050
up €7,050 (+262%), from €2,686 to €9,737
- Other debts -€150,000
no longer reported in 2025 (was €150,000)
- Trade debts +€84,042
up €84,042 (+33.6%), from €250,321 to €334,363
- Profit (loss) carried forward +€25,656
up €25,656 (+45.7%), from €56,089 to €81,745
- Tax, wage and social debts -€24,774
down €24,774 (-26.8%), from €92,414 to €67,640
of which Taxes: -€25,313
- Goods and materials +€92,224
up €92,224 (+9.1%), from €1.0m to €1.1m
- Turnover +€56,452
up €56,452 (+3.6%), from €1.6m to €1.6m
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 | €570,824 | €505,748 | -€65,076 | -11.4% |
| Fixed assets | 21/28 | €50 | €50 | = | 0.0% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Other financial fixed assets | 284/8 | €50 | €50 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €570,774 | €505,698 | -€65,076 | -11.4% |
| Amounts receivable within one year | 40/41 | €156,900 | €227,741 | +€70,841 | +45.2% |
| Trade receivables | 40 | €156,900 | €216,179 | +€59,279 | +37.8% |
| Other amounts receivable | 41 | - | €11,563 | +€11,563 | |
| Cash at bank and in hand | 54/58 | €411,188 | €268,220 | -€142,968 | -34.8% |
| Deferred charges and accrued income | 490/1 | €2,686 | €9,737 | +€7,050 | +262% |
| Total equity and liabilities | 10/49 | €570,824 | €505,748 | -€65,076 | -11.4% |
| Equity | 10/15 | €78,089 | €103,745 | +€25,656 | +32.9% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €56,089 | €81,745 | +€25,656 | +45.7% |
| Amounts payable | 17/49 | €492,735 | €402,003 | -€90,732 | -18.4% |
| Amounts payable within one year | 42/48 | €492,735 | €402,003 | -€90,732 | -18.4% |
| Trade debts | 44 | €250,321 | €334,363 | +€84,042 | +33.6% |
| Suppliers | 440/4 | €250,321 | €334,363 | +€84,042 | +33.6% |
| Taxes, remuneration and social security | 45 | €92,414 | €67,640 | -€24,774 | -26.8% |
| Taxes | 450/3 | €80,719 | €55,406 | -€25,313 | -31.4% |
| Remuneration and social security | 454/9 | €11,694 | €12,234 | +€539 | +4.6% |
| Other amounts payable | 47/48 | €150,000 | - | -€150,000 | |
| Operating income | 70/76A | €1,557,312 | €1,613,485 | +€56,173 | +3.6% |
| Turnover | 70 | €1,554,887 | €1,611,339 | +€56,452 | +3.6% |
| Other operating income | 74 | €2,425 | €2,147 | -€279 | -11.5% |
| Operating charges | 60/66A | €1,473,218 | €1,578,293 | +€105,075 | +7.1% |
| Goods for resale, raw materials and consumables | 60 | €1,014,903 | €1,107,127 | +€92,224 | +9.1% |
| Purchases | 600/8 | €1,014,903 | €1,107,127 | +€92,224 | +9.1% |
| Services and other goods | 61 | €360,394 | €372,602 | +€12,208 | +3.4% |
| Remuneration, social security and pensions | 62 | €92,453 | €95,350 | +€2,897 | +3.1% |
| Other operating charges | 640/8 | - | €400 | +€400 | |
| Non-recurring operating charges | 66A | €5,468 | €2,815 | -€2,653 | -48.5% |
| Operating profit (loss) | 9901 | €84,094 | €35,192 | -€48,902 | -58.2% |
| Financial income | 75/76B | - | €3,264 | +€3,264 | |
| Recurring financial income | 75 | - | €3,264 | +€3,264 | |
| Other financial income | 752/9 | - | €3,264 | +€3,264 | |
| Financial charges | 65/66B | €5,214 | €5,761 | +€547 | +10.5% |
| Recurring financial charges | 65 | €5,214 | €5,761 | +€547 | +10.5% |
| Debt charges | 650 | €1,056 | €1,092 | +€36 | +3.4% |
| Other financial charges | 652/9 | €4,158 | €4,669 | +€511 | +12.3% |
| Profit (loss) for the period before taxes | 9903 | €78,880 | €32,695 | -€46,185 | -58.6% |
| Income taxes | 67/77 | €22,473 | €7,039 | -€15,433 | -68.7% |
| Taxes | 670/3 | €22,473 | €8,437 | -€14,035 | -62.5% |
| Tax adjustments and reversals of tax provisions | 77 | - | €1,398 | +€1,398 | |
| Profit (loss) for the period | 9904 | €56,407 | €25,656 | -€30,752 | -54.5% |
| Profit (loss) for the period to be appropriated | 9905 | €56,407 | €25,656 | -€30,752 | -54.5% |
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.