APOCALYPSE: 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.
APOCALYPSE
Largest movements
- Cash -€27,663
down €27,663 (-70.4%), from €39,310 to €11,647
mainly Net result for the year (-€34,095) and Investment in fixed assets (net) (-€8,031)
- Receivables within one year -€9,131
down €9,131 (-58.1%), from €15,710 to €6,579
of which Trade receivables: -€4,749
- Tangible fixed assets +€3,104
up €3,104 (+35.7%), from €8,685 to €11,790
of which Other tangible fixed assets: +€5,557
- Stocks and contracts -€1,641
down €1,641 (-44.0%), from €3,729 to €2,087
- Deferred charges and accrued income +€1,301
up €1,301 (+60.3%), from €2,156 to €3,457
- Profit (loss) carried forward -€34,095
down €34,095, from €15,228 to -€18,866
- Trade debts +€4,632
up €4,632 (+51.1%), from €9,058 to €13,691
- Other debts +€3,928
up €3,928, from €0 to €3,928
- Accrued charges and deferred income -€3,587
down €3,587 (-97.7%), from €3,670 to €83
- Advances received -€3,050
down €3,050 (-100%), from €3,050 to €0
- Gross operating margin -€33,032
down €33,032 (-40.2%), from €82,110 to €49,078
- Staff costs +€18,565
up €18,565 (+34.8%), from €53,284 to €71,849
- Depreciation +€2,396
up €2,396 (+94.7%), from €2,530 to €4,926
- Taxes -€1,977
down €1,977 (-70.4%), from €2,807 to €831
- Other operating charges -€1,139
down €1,139 (-27.8%), from €4,092 to €2,953
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 | €70,850 | €36,821 | -€34,029 | -48.0% |
| Fixed assets | 21/28 | €9,945 | €13,050 | +€3,104 | +31.2% |
| Tangible fixed assets | 22/27 | €8,685 | €11,790 | +€3,104 | +35.7% |
| Land and buildings | 22 | €3,675 | €0 | -€3,675 | -100% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €5,010 | €6,233 | +€1,223 | +24.4% |
| Other tangible fixed assets | 26 | - | €5,557 | +€5,557 | |
| Financial fixed assets | 28 | €1,260 | €1,260 | = | 0.0% |
| Current assets | 29/58 | €60,905 | €23,771 | -€37,134 | -61.0% |
| Stocks and contracts in progress | 3 | €3,729 | €2,087 | -€1,641 | -44.0% |
| Stocks | 30/36 | €3,729 | €2,087 | -€1,641 | -44.0% |
| Amounts receivable within one year | 40/41 | €15,710 | €6,579 | -€9,131 | -58.1% |
| Trade receivables | 40 | €4,749 | €0 | -€4,749 | -100% |
| Other amounts receivable | 41 | €10,961 | €6,579 | -€4,382 | -40.0% |
| Cash at bank and in hand | 54/58 | €39,310 | €11,647 | -€27,663 | -70.4% |
| Deferred charges and accrued income | 490/1 | €2,156 | €3,457 | +€1,301 | +60.3% |
| Total equity and liabilities | 10/49 | €70,850 | €36,821 | -€34,029 | -48.0% |
| Equity | 10/15 | €35,679 | €1,585 | -€34,095 | -95.6% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | €15,228 | -€18,866 | -€34,095 | |
| Amounts payable | 17/49 | €35,171 | €35,236 | +€65 | +0.2% |
| Amounts payable within one year | 42/48 | €31,501 | €35,153 | +€3,653 | +11.6% |
| Trade debts | 44 | €9,058 | €13,691 | +€4,632 | +51.1% |
| Suppliers | 440/4 | €9,058 | €13,691 | +€4,632 | +51.1% |
| Advances received on contracts in progress | 46 | €3,050 | €0 | -€3,050 | -100% |
| Taxes, remuneration and social security | 45 | €19,392 | €17,535 | -€1,857 | -9.6% |
| Taxes | 450/3 | €2,448 | €2,582 | +€134 | +5.5% |
| Remuneration and social security | 454/9 | €16,944 | €14,953 | -€1,991 | -11.7% |
| Other amounts payable | 47/48 | €0 | €3,928 | +€3,928 | |
| Accrued charges and deferred income | 492/3 | €3,670 | €83 | -€3,587 | -97.7% |
| Remuneration, social security and pensions | 62 | €53,284 | €71,849 | +€18,565 | +34.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,530 | €4,926 | +€2,396 | +94.7% |
| Other operating charges | 640/8 | €4,092 | €2,953 | -€1,139 | -27.8% |
| Gross operating margin | 9900 | €82,110 | €49,078 | -€33,032 | -40.2% |
| Operating profit (loss) | 9901 | €22,204 | -€30,650 | -€52,854 | |
| Financial income | 75/76B | €190 | €4 | -€186 | -97.9% |
| Recurring financial income | 75 | €190 | €4 | -€186 | -97.9% |
| Financial charges | 65/66B | €2,767 | €2,618 | -€149 | -5.4% |
| Recurring financial charges | 65 | €2,767 | €2,618 | -€149 | -5.4% |
| Profit (loss) for the period before taxes | 9903 | €19,627 | -€33,264 | -€52,891 | |
| Income taxes | 67/77 | €2,807 | €831 | -€1,977 | -70.4% |
| Profit (loss) for the period | 9904 | €16,820 | -€34,095 | -€50,914 | |
| Profit (loss) for the period to be appropriated | 9905 | €16,820 | -€34,095 | -€50,914 |
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 17 October 2026 via checked.be.