APLV: 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.
APLV
Largest movements
- Tangible fixed assets +€377,012
up €377,012 (+5919.7%), from €6,369 to €383,381
of which Land and buildings: +€246,900
- Cash -€40,877
down €40,877 (-80.3%), from €50,876 to €9,999
mainly Investment in fixed assets (net) (-€394,063) and Net result for the year (-€55,141)
- Receivables within one year -€22,251
down €22,251 (-94.0%), from €23,675 to €1,424
of which Trade receivables: -€23,000
- Debts after one year +€262,115
up €262,115 (+1048.5%), from €25,000 to €287,115
- Other debts +€85,630
up €85,630 (+101.2%), from €84,652 to €170,282
- Profit (loss) carried forward -€55,141
down €55,141 (-269.4%), from -€20,466 to -€75,607
- Current portion of long-term debt +€17,595
new in 2024: €17,595
- Depreciation +€18,357
up €18,357 (+836.5%), from €2,195 to €20,551
- Financial charges +€10,553
up €10,553 (+4796.6%), from €220 to €10,773
- Gross operating margin -€4,918
down €4,918 (-27.9%), from -€17,626 to -€22,544
- Other operating charges +€861
up €861 (+201.1%), from €428 to €1,290
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 | €114,187 | €424,386 | +€310,199 | +271.7% |
| Fixed assets | 21/28 | €39,451 | €412,963 | +€373,512 | +946.8% |
| Intangible fixed assets | 21 | €33,082 | €29,582 | -€3,500 | -10.6% |
| Tangible fixed assets | 22/27 | €6,369 | €383,381 | +€377,012 | +5919.7% |
| Land and buildings | 22 | - | €246,900 | +€246,900 | |
| Plant, machinery and equipment | 23 | €2,441 | €129,847 | +€127,405 | +5218.7% |
| Furniture and vehicles | 24 | €3,927 | €6,634 | +€2,706 | +68.9% |
| Current assets | 29/58 | €74,736 | €11,423 | -€63,313 | -84.7% |
| Amounts receivable within one year | 40/41 | €23,675 | €1,424 | -€22,251 | -94.0% |
| Trade receivables | 40 | €23,000 | €0 | -€23,000 | -100.0% |
| Other amounts receivable | 41 | €675 | €1,424 | +€749 | +111.0% |
| Cash at bank and in hand | 54/58 | €50,876 | €9,999 | -€40,877 | -80.3% |
| Deferred charges and accrued income | 490/1 | €185 | €0 | -€185 | -100.0% |
| Total equity and liabilities | 10/49 | €114,187 | €424,386 | +€310,199 | +271.7% |
| Equity | 10/15 | €4,534 | -€50,607 | -€55,141 | |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Capital | 10 | €25,000 | - | -€25,000 | |
| Issued capital | 100 | €25,000 | - | -€25,000 | |
| Profit (loss) carried forward | 14 | -€20,466 | -€75,607 | -€55,141 | -269.4% |
| Amounts payable | 17/49 | €109,652 | €474,992 | +€365,340 | +333.2% |
| Amounts payable after more than one year | 17 | €25,000 | €287,115 | +€262,115 | +1048.5% |
| Financial debts | 170/4 | €25,000 | €287,115 | +€262,115 | +1048.5% |
| Amounts payable within one year | 42/48 | €84,652 | €187,877 | +€103,225 | +121.9% |
| Current portion of amounts payable after more than one year | 42 | - | €17,595 | +€17,595 | |
| Other amounts payable | 47/48 | €84,652 | €170,282 | +€85,630 | +101.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,195 | €20,551 | +€18,357 | +836.5% |
| Other operating charges | 640/8 | €428 | €1,290 | +€861 | +201.1% |
| Gross operating margin | 9900 | -€17,626 | -€22,544 | -€4,918 | -27.9% |
| Operating profit (loss) | 9901 | -€20,249 | -€44,385 | -€24,136 | -119.2% |
| Financial income | 75/76B | €3 | €16 | +€13 | +436.7% |
| Recurring financial income | 75 | €3 | €16 | +€13 | +436.7% |
| Financial charges | 65/66B | €220 | €10,773 | +€10,553 | +4796.6% |
| Recurring financial charges | 65 | €220 | €10,773 | +€10,553 | +4796.6% |
| Profit (loss) for the period before taxes | 9903 | -€20,466 | -€55,141 | -€34,676 | -169.4% |
| Profit (loss) for the period | 9904 | -€20,466 | -€55,141 | -€34,676 | -169.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€20,466 | -€55,141 | -€34,676 | -169.4% |
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 29 September 2026 via checked.be.