Apojo: 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.
What changed
Apojo
NACE 87.202, Residential care activities
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€523,460
2024 · €665,381-€141,921
Equity
€8.0m
2024 · €6.2m+€1.8m
Cash
€3.4m
2024 · €2.0m+€1.4m
Balance sheet total
€16.6m
2024 · €14.8m+€1.8m
Largest movements
Assets
- Cash +€1.4m
up €1.4m (+66.8%), from €2.0m to €3.4m
mainly Contributions, distributions and other (+€1.3m) and Depreciation (+€538,061)
- Current investments +€1.0m
up €1.0m (+43.5%), from €2.3m to €3.3m
- Receivables within one year -€515,168
down €515,168 (-22.9%), from €2.3m to €1.7m
of which Other amounts receivable: -€597,553
Equity and liabilities
- Reserves +€1.6m
up €1.6m (+38.6%), from €4.2m to €5.8m
- Debts after one year -€274,150
down €274,150 (-6.8%), from €4.0m to €3.7m
- Debts within one year +€172,058
up €172,058 (+3.8%), from €4.5m to €4.7m
of which Tax, wage and social debts: +€235,695
Income statement
- Staff costs +€1.0m
up €1.0m (+5.6%), from €18.2m to €19.2m
- Services and other goods +€213,512
up €213,512 (+13.5%), from €1.6m to €1.8m
- Turnover +€140,742
up €140,742 (+5.6%), from €2.5m to €2.7m
- Goods and materials +€87,951
up €87,951 (+6.1%), from €1.4m to €1.5m
- Other operating income +€53,081
up €53,081 (+3.3%), from €1.6m to €1.7m
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.
Result 2024
€665,381
Turnover
+€140,742
Other operating income
+€53,081
Goods and materials
-€87,951
Services and other goods
-€213,512
Staff costs
-€1.0m
Depreciation
-€30,679
Write-downs
+€30,703
Other operating charges
-€21,055
Other operating items
+€1.0m
Financial income
-€14,432
Financial charges
+€1,957
Result 2025
€523,460
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€1.8m
Investment
-€1.5m
Financing
+€999,407
Cash 2024
€2.0m
From operations (derived)
+€1.8m
Net result for the year
+€523,460
Depreciation
+€538,061
Receivables within one year
+€515,168
Deferred charges and accrued income
-€24,070
Provisions
+€100,000
Debts within one year
+€172,058
Accrued charges and deferred income
+€22,263
Investment (derived)
-€1.5m
Investment in fixed assets (net)
-€482,929
Current investments
-€1.0m
Financing
+€999,407
Debts after one year
-€274,150
Contributions, distributions and other
+€1.3m
Cash 2025
€3.4m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €14,756,599 | €16,573,787 | +€1.8m | +12.3% |
| Fixed assets | 21/28 | €8,040,425 | €7,985,293 | -€55,132 | -0.7% |
| Intangible fixed assets | 21 | €25,090 | €17,423 | -€7,667 | -30.6% |
| Tangible fixed assets | 22/27 | €7,995,618 | €7,939,963 | -€55,655 | -0.7% |
| Land and buildings | 22 | €7,505,555 | €7,393,945 | -€111,610 | -1.5% |
| Plant, machinery and equipment | 23 | €218,903 | €209,418 | -€9,485 | -4.3% |
| Furniture and vehicles | 24 | €139,698 | €218,675 | +€78,977 | +56.5% |
| Other tangible fixed assets | 26 | €128,321 | €117,925 | -€10,396 | -8.1% |
| Assets under construction and advance payments | 27 | €3,141 | - | -€3,141 | |
| Financial fixed assets | 28 | €19,717 | €27,907 | +€8,190 | +41.5% |
| Other financial fixed assets | 284/8 | €19,717 | €27,907 | +€8,190 | +41.5% |
| Amounts receivable and cash guarantees | 285/8 | €19,717 | €27,907 | +€8,190 | +41.5% |
| Current assets | 29/58 | €6,716,174 | €8,588,494 | +€1.9m | +27.9% |
| Amounts receivable after more than one year | 29 | €1,500 | €1,500 | = | 0.0% |
| Other amounts receivable | 291 | €1,500 | €1,500 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €2,253,259 | €1,738,091 | -€515,168 | -22.9% |
| Trade receivables | 40 | €379,035 | €461,420 | +€82,385 | +21.7% |
| Other amounts receivable | 41 | €1,874,224 | €1,276,671 | -€597,553 | -31.9% |
| Current investments | 50/53 | €2,300,000 | €3,300,000 | +€1.0m | +43.5% |
| Cash at bank and in hand | 54/58 | €2,042,307 | €3,405,725 | +€1.4m | +66.8% |
| Deferred charges and accrued income | 490/1 | €119,108 | €143,178 | +€24,070 | +20.2% |
| Total equity and liabilities | 10/49 | €14,756,599 | €16,573,787 | +€1.8m | +12.3% |
| Equity | 10/15 | €6,169,398 | €7,966,415 | +€1.8m | +29.1% |
| Contributions | 10/11 | €802,181 | €941,444 | +€139,263 | +17.4% |
| Capital | 10 | €802,181 | €941,444 | +€139,263 | +17.4% |
| Reserves | 13 | €4,150,000 | €5,750,000 | +€1.6m | +38.6% |
| Profit (loss) carried forward | 14 | €435,117 | €535,240 | +€100,123 | +23.0% |
| Investment grants | 15 | €782,100 | €739,731 | -€42,369 | -5.4% |
| Provisions and deferred taxes | 16 | - | €100,000 | +€100,000 | |
| Provisions for liabilities and charges | 160/5 | - | €100,000 | +€100,000 | |
| Other liabilities and charges | 164/5 | - | €100,000 | +€100,000 | |
| Amounts payable | 17/49 | €8,587,201 | €8,507,372 | -€79,829 | -0.9% |
| Amounts payable after more than one year | 17 | €4,002,776 | €3,728,626 | -€274,150 | -6.8% |
| Financial debts | 170/4 | €4,002,776 | €3,728,626 | -€274,150 | -6.8% |
| Credit institutions | 173 | €4,002,776 | €3,728,626 | -€274,150 | -6.8% |
| Amounts payable within one year | 42/48 | €4,482,912 | €4,654,970 | +€172,058 | +3.8% |
| Current portion of amounts payable after more than one year | 42 | €272,451 | €274,150 | +€1,699 | +0.6% |
| Trade debts | 44 | €411,821 | €330,081 | -€81,740 | -19.8% |
| Suppliers | 440/4 | €411,821 | €330,081 | -€81,740 | -19.8% |
| Taxes, remuneration and social security | 45 | €3,553,874 | €3,789,569 | +€235,695 | +6.6% |
| Taxes | 450/3 | €798,193 | €790,734 | -€7,459 | -0.9% |
| Remuneration and social security | 454/9 | €2,755,681 | €2,998,835 | +€243,154 | +8.8% |
| Accrued charges and deferred income | 492/3 | €101,513 | €123,776 | +€22,263 | +21.9% |
| Operating income | 70/76A | €22,655,969 | €23,817,571 | +€1.2m | +5.1% |
| Turnover | 70 | €2,517,119 | €2,657,861 | +€140,742 | +5.6% |
| Membership fees, donations, legacies and grants | 73 | €18,363,350 | €19,477,505 | +€1.1m | +6.1% |
| Other operating income | 74 | €1,615,556 | €1,668,637 | +€53,081 | +3.3% |
| Non-recurring operating income | 76A | €159,944 | €13,568 | -€146,376 | -91.5% |
| Operating charges | 60/66A | €22,049,333 | €23,340,381 | +€1.3m | +5.9% |
| Goods for resale, raw materials and consumables | 60 | €1,436,762 | €1,524,713 | +€87,951 | +6.1% |
| Purchases | 600/8 | €1,436,762 | €1,524,713 | +€87,951 | +6.1% |
| Services and other goods | 61 | €1,578,142 | €1,791,654 | +€213,512 | +13.5% |
| Remuneration, social security and pensions | 62 | €18,179,539 | €19,190,155 | +€1.0m | +5.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €507,382 | €538,061 | +€30,679 | +6.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €56,111 | €25,408 | -€30,703 | -54.7% |
| Other operating charges | 640/8 | €132,042 | €153,097 | +€21,055 | +15.9% |
| Non-recurring operating charges | 66A | €159,355 | €17,293 | -€142,062 | -89.1% |
| Operating profit (loss) | 9901 | €606,636 | €477,190 | -€129,446 | -21.3% |
| Financial income | 75/76B | €89,566 | €75,134 | -€14,432 | -16.1% |
| Recurring financial income | 75 | €89,566 | €75,134 | -€14,432 | -16.1% |
| Income from financial fixed assets | 750 | €78,712 | €64,378 | -€14,334 | -18.2% |
| Other financial income | 752/9 | €10,854 | €10,756 | -€98 | -0.9% |
| Financial charges | 65/66B | €30,821 | €28,864 | -€1,957 | -6.3% |
| Recurring financial charges | 65 | €30,821 | €28,864 | -€1,957 | -6.3% |
| Debt charges | 650 | €27,325 | €25,631 | -€1,694 | -6.2% |
| Other financial charges | 652/9 | €3,496 | €3,233 | -€263 | -7.5% |
| Profit (loss) for the period before taxes | 9903 | €665,381 | €523,460 | -€141,921 | -21.3% |
| Profit (loss) for the period | 9904 | €665,381 | €523,460 | -€141,921 | -21.3% |
| Profit (loss) for the period to be appropriated | 9905 | €665,381 | €523,460 | -€141,921 | -21.3% |
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 16 October 2026 via checked.be.