APLUS IMMOBILIER: 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.
APLUS IMMOBILIER
Largest movements
- Stocks and contracts +€46,458
up €46,458 (+13.0%), from €357,223 to €403,681
- Cash -€8,758
down €8,758 (-11.6%), from €75,352 to €66,594
mainly Stocks and contracts (-€46,458) and Debts after one year (-€10,429)
- Receivables within one year -€7,390
no longer reported in 2025 (was €7,390)
- Other debts +€18,004
up €18,004 (+189%), from €9,508 to €27,512
- Reserves +€16,272
up €16,272 (+8.1%), from €200,814 to €217,086
of which Distributable reserves: +€16,272
- Debts after one year -€10,429
down €10,429 (-5.9%), from €176,031 to €165,602
- Turnover -€12,990
down €12,990 (-5.8%), from €224,640 to €211,650
- Purchases and services -€12,552
down €12,552 (-7.7%), from €162,143 to €149,591
- Taxes +€3,659
up €3,659 (+48.9%), from €7,481 to €11,140
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 | €442,769 | €473,240 | +€30,471 | +6.9% |
| Fixed assets | 21/28 | €2,804 | €1,801 | -€1,003 | -35.8% |
| Intangible fixed assets | 21 | €1,132 | €832 | -€300 | -26.5% |
| Tangible fixed assets | 22/27 | €1,672 | €969 | -€703 | -42.0% |
| Plant, machinery and equipment | 23 | €1,394 | €911 | -€483 | -34.6% |
| Furniture and vehicles | 24 | €278 | €58 | -€220 | -79.1% |
| Current assets | 29/58 | €439,965 | €471,439 | +€31,474 | +7.2% |
| Stocks and contracts in progress | 3 | €357,223 | €403,681 | +€46,458 | +13.0% |
| Stocks | 30/36 | €357,223 | €403,681 | +€46,458 | +13.0% |
| Amounts receivable within one year | 40/41 | €7,390 | - | -€7,390 | |
| Other amounts receivable | 41 | €7,390 | - | -€7,390 | |
| Cash at bank and in hand | 54/58 | €75,352 | €66,594 | -€8,758 | -11.6% |
| Deferred charges and accrued income | 490/1 | - | €1,164 | +€1,164 | |
| Total equity and liabilities | 10/49 | €442,769 | €473,240 | +€30,471 | +6.9% |
| Equity | 10/15 | €207,014 | €223,286 | +€16,272 | +7.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €200,814 | €217,086 | +€16,272 | +8.1% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €198,954 | €215,226 | +€16,272 | +8.2% |
| Amounts payable | 17/49 | €235,755 | €249,954 | +€14,199 | +6.0% |
| Amounts payable after more than one year | 17 | €176,031 | €165,602 | -€10,429 | -5.9% |
| Financial debts | 170/4 | €176,031 | €165,602 | -€10,429 | -5.9% |
| Amounts payable within one year | 42/48 | €59,724 | €84,352 | +€24,628 | +41.2% |
| Current portion of amounts payable after more than one year | 42 | €10,267 | €10,429 | +€162 | +1.6% |
| Trade debts | 44 | €24,122 | €28,297 | +€4,175 | +17.3% |
| Suppliers | 440/4 | €24,122 | €28,297 | +€4,175 | +17.3% |
| Taxes, remuneration and social security | 45 | €15,827 | €18,114 | +€2,287 | +14.4% |
| Taxes | 450/3 | €11,098 | €16,765 | +€5,667 | +51.1% |
| Remuneration and social security | 454/9 | €4,729 | €1,349 | -€3,380 | -71.5% |
| Other amounts payable | 47/48 | €9,508 | €27,512 | +€18,004 | +189% |
| Turnover | 70 | €224,640 | €211,650 | -€12,990 | -5.8% |
| Goods, raw materials, services and sundry goods | 60/61 | €162,143 | €149,591 | -€12,552 | -7.7% |
| Remuneration, social security and pensions | 62 | €27,268 | €28,466 | +€1,198 | +4.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,145 | €1,003 | -€142 | -12.4% |
| Other operating charges | 640/8 | €1,222 | €2,136 | +€914 | +74.8% |
| Gross operating margin | 9900 | €62,497 | €62,059 | -€438 | -0.7% |
| Operating profit (loss) | 9901 | €32,862 | €30,454 | -€2,408 | -7.3% |
| Financial charges | 65/66B | €3,307 | €3,042 | -€265 | -8.0% |
| Recurring financial charges | 65 | €3,307 | €3,042 | -€265 | -8.0% |
| Profit (loss) for the period before taxes | 9903 | €29,555 | €27,412 | -€2,143 | -7.3% |
| Income taxes | 67/77 | €7,481 | €11,140 | +€3,659 | +48.9% |
| Profit (loss) for the period | 9904 | €22,074 | €16,272 | -€5,802 | -26.3% |
| Profit (loss) for the period to be appropriated | 9905 | €22,074 | €16,272 | -€5,802 | -26.3% |
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 19 October 2026 via checked.be.