APOLLO CONSTRUCT: 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.
APOLLO CONSTRUCT
Largest movements
- Tangible fixed assets -€6,984
down €6,984 (-37.5%), from €18,619 to €11,635
- Receivables within one year -€2,476
down €2,476 (-51.6%), from €4,797 to €2,321
of which Other amounts receivable: -€2,586
- Cash +€828
up €828 (+11.0%), from €7,523 to €8,352
mainly Depreciation (+€6,984) and Other debts (+€4,415)
- Profit (loss) carried forward -€10,137
down €10,137 (-46.5%), from €21,821 to €11,684
- Other debts +€4,415
up €4,415 (+532.1%), from €830 to €5,245
- Tax, wage and social debts -€2,355
down €2,355 (-75.8%), from €3,105 to €750
- Trade debts -€656
down €656 (-47.4%), from €1,383 to €727
- Gross operating margin -€13,677
down €13,677 (-66.4%), from €20,603 to €6,927
- Depreciation +€2,206
up €2,206 (+46.2%), from €4,778 to €6,984
- Taxes +€895
up €895 (+28.8%), from €3,105 to €4,000
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 | €32,139 | €23,406 | -€8,732 | -27.2% |
| Fixed assets | 21/28 | €18,619 | €11,635 | -€6,984 | -37.5% |
| Tangible fixed assets | 22/27 | €18,619 | €11,635 | -€6,984 | -37.5% |
| Furniture and vehicles | 24 | €18,619 | €11,635 | -€6,984 | -37.5% |
| Current assets | 29/58 | €13,520 | €11,771 | -€1,749 | -12.9% |
| Amounts receivable within one year | 40/41 | €4,797 | €2,321 | -€2,476 | -51.6% |
| Trade receivables | 40 | €1,505 | €1,616 | +€111 | +7.4% |
| Other amounts receivable | 41 | €3,292 | €705 | -€2,586 | -78.6% |
| Cash at bank and in hand | 54/58 | €7,523 | €8,352 | +€828 | +11.0% |
| Deferred charges and accrued income | 490/1 | €1,200 | €1,098 | -€102 | -8.5% |
| Total equity and liabilities | 10/49 | €32,139 | €23,406 | -€8,732 | -27.2% |
| Equity | 10/15 | €26,821 | €16,684 | -€10,137 | -37.8% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €21,821 | €11,684 | -€10,137 | -46.5% |
| Amounts payable | 17/49 | €5,318 | €6,722 | +€1,404 | +26.4% |
| Amounts payable within one year | 42/48 | €5,318 | €6,722 | +€1,404 | +26.4% |
| Trade debts | 44 | €1,383 | €727 | -€656 | -47.4% |
| Suppliers | 440/4 | €1,383 | €727 | -€656 | -47.4% |
| Taxes, remuneration and social security | 45 | €3,105 | €750 | -€2,355 | -75.8% |
| Taxes | 450/3 | €3,105 | €750 | -€2,355 | -75.8% |
| Other amounts payable | 47/48 | €830 | €5,245 | +€4,415 | +532.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,778 | €6,984 | +€2,206 | +46.2% |
| Other operating charges | 640/8 | €764 | €899 | +€135 | +17.7% |
| Gross operating margin | 9900 | €20,603 | €6,927 | -€13,677 | -66.4% |
| Operating profit (loss) | 9901 | €15,061 | -€956 | -€16,018 | |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €163 | €180 | +€17 | +10.4% |
| Recurring financial charges | 65 | €163 | €180 | +€17 | +10.4% |
| Profit (loss) for the period before taxes | 9903 | €14,899 | -€1,137 | -€16,036 | |
| Income taxes | 67/77 | €3,105 | €4,000 | +€895 | +28.8% |
| Profit (loss) for the period | 9904 | €11,794 | -€5,137 | -€16,930 | |
| Profit (loss) for the period to be appropriated | 9905 | €11,794 | -€5,137 | -€16,930 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.