APOCURAE: 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.
APOCURAE
Largest movements
- Cash -€78,353
down €78,353 (-46.3%), from €169,355 to €91,002
mainly Other debts (-€89,988) and Contributions, distributions and other (-€30,646)
- Tangible fixed assets -€7,705
down €7,705 (-25.9%), from €29,762 to €22,057
- Other debts -€89,988
down €89,988 (-59.4%), from €151,412 to €61,424
- Tax, wage and social debts +€2,189
up €2,189 (+41.6%), from €5,256 to €7,445
- Gross operating margin +€3,641
up €3,641 (+7.3%), from €49,929 to €53,570
- Taxes +€2,601
up €2,601 (+30.0%), from €8,657 to €11,258
- Financial charges +€1,166
up €1,166 (+1775.9%), from €66 to €1,232
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.
Cash bridge derived
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 | €212,336 | €124,949 | -€87,388 | -41.2% |
| Fixed assets | 21/28 | €29,762 | €22,057 | -€7,705 | -25.9% |
| Tangible fixed assets | 22/27 | €29,762 | €22,057 | -€7,705 | -25.9% |
| Furniture and vehicles | 24 | €29,762 | €22,057 | -€7,705 | -25.9% |
| Current assets | 29/58 | €182,574 | €102,891 | -€79,683 | -43.6% |
| Amounts receivable within one year | 40/41 | €10,860 | €11,297 | +€438 | +4.0% |
| Trade receivables | 40 | €10,267 | €11,297 | +€1,030 | +10.0% |
| Other amounts receivable | 41 | €593 | - | -€593 | |
| Cash at bank and in hand | 54/58 | €169,355 | €91,002 | -€78,353 | -46.3% |
| Deferred charges and accrued income | 490/1 | €2,360 | €592 | -€1,768 | -74.9% |
| Total equity and liabilities | 10/49 | €212,336 | €124,949 | -€87,388 | -41.2% |
| Equity | 10/15 | €55,177 | €55,177 | = | 0.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €50,177 | €50,177 | = | 0.0% |
| Distributable reserves | 133 | €50,177 | €50,177 | = | 0.0% |
| Amounts payable | 17/49 | €157,160 | €69,772 | -€87,388 | -55.6% |
| Amounts payable within one year | 42/48 | €156,719 | €69,165 | -€87,554 | -55.9% |
| Trade debts | 44 | €51 | €297 | +€246 | +481.4% |
| Suppliers | 440/4 | €51 | €297 | +€246 | +481.4% |
| Taxes, remuneration and social security | 45 | €5,256 | €7,445 | +€2,189 | +41.6% |
| Taxes | 450/3 | €5,256 | €7,445 | +€2,189 | +41.6% |
| Other amounts payable | 47/48 | €151,412 | €61,424 | -€89,988 | -59.4% |
| Accrued charges and deferred income | 492/3 | €441 | €607 | +€166 | +37.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,989 | €9,792 | -€197 | -2.0% |
| Other operating charges | 640/8 | €701 | €642 | -€59 | -8.4% |
| Gross operating margin | 9900 | €49,929 | €53,570 | +€3,641 | +7.3% |
| Operating profit (loss) | 9901 | €39,239 | €43,137 | +€3,897 | +9.9% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €66 | €1,232 | +€1,166 | +1775.9% |
| Recurring financial charges | 65 | €66 | €1,232 | +€1,166 | +1775.9% |
| Profit (loss) for the period before taxes | 9903 | €39,174 | €41,904 | +€2,731 | +7.0% |
| Income taxes | 67/77 | €8,657 | €11,258 | +€2,601 | +30.0% |
| Profit (loss) for the period | 9904 | €30,517 | €30,646 | +€130 | +0.4% |
| Profit (loss) for the period to be appropriated | 9905 | €30,517 | €30,646 | +€130 | +0.4% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.