Apollo IT services: 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 IT services
Largest movements
- Cash -€52,460
down €52,460 (-30.7%), from €170,941 to €118,482
mainly Other debts (-€48,545) and Tax, wage and social debts (-€14,854)
- Receivables within one year +€10,839
up €10,839 (+30.1%), from €36,015 to €46,854
of which Trade receivables: +€14,323
- Current investments +€5,100
up €5,100 (+2040.0%), from €250 to €5,350
- Other debts -€48,545
down €48,545 (-67.2%), from €72,274 to €23,729
- Reserves +€30,184
up €30,184 (+33.9%), from €89,118 to €119,302
- Tax, wage and social debts -€14,854
down €14,854 (-54.2%), from €27,384 to €12,529
of which Taxes: -€13,654
- Trade debts -€2,993
down €2,993 (-91.8%), from €3,260 to €267
- Financial charges -€1,453
down €1,453 (-36.8%), from €3,946 to €2,493
- Gross operating margin +€1,352
up €1,352 (+3.0%), from €44,340 to €45,691
- Depreciation +€1,263
up €1,263 (+57.3%), from €2,207 to €3,470
- Taxes +€487
up €487 (+5.9%), from €8,227 to €8,714
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 | €213,927 | €175,905 | -€38,022 | -17.8% |
| Fixed assets | 21/28 | €5,733 | €3,749 | -€1,984 | -34.6% |
| Tangible fixed assets | 22/27 | €5,708 | €3,724 | -€1,984 | -34.8% |
| Plant, machinery and equipment | 23 | €1,019 | €497 | -€523 | -51.3% |
| Furniture and vehicles | 24 | €4,688 | €3,227 | -€1,461 | -31.2% |
| Financial fixed assets | 28 | €25 | €25 | = | 0.0% |
| Current assets | 29/58 | €208,194 | €172,156 | -€36,039 | -17.3% |
| Amounts receivable within one year | 40/41 | €36,015 | €46,854 | +€10,839 | +30.1% |
| Trade receivables | 40 | €29,242 | €43,566 | +€14,323 | +49.0% |
| Other amounts receivable | 41 | €6,773 | €3,289 | -€3,484 | -51.4% |
| Current investments | 50/53 | €250 | €5,350 | +€5,100 | +2040.0% |
| Cash at bank and in hand | 54/58 | €170,941 | €118,482 | -€52,460 | -30.7% |
| Deferred charges and accrued income | 490/1 | €988 | €1,470 | +€482 | +48.8% |
| Total equity and liabilities | 10/49 | €213,927 | €175,905 | -€38,022 | -17.8% |
| Equity | 10/15 | €108,304 | €137,902 | +€29,598 | +27.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €89,118 | €119,302 | +€30,184 | +33.9% |
| Distributable reserves | 133 | €89,118 | €119,302 | +€30,184 | +33.9% |
| Profit (loss) carried forward | 14 | €586 | - | -€586 | |
| Amounts payable | 17/49 | €105,623 | €38,002 | -€67,621 | -64.0% |
| Amounts payable within one year | 42/48 | €102,918 | €36,525 | -€66,393 | -64.5% |
| Trade debts | 44 | €3,260 | €267 | -€2,993 | -91.8% |
| Suppliers | 440/4 | €3,260 | €267 | -€2,993 | -91.8% |
| Taxes, remuneration and social security | 45 | €27,384 | €12,529 | -€14,854 | -54.2% |
| Taxes | 450/3 | €26,184 | €12,529 | -€13,654 | -52.1% |
| Remuneration and social security | 454/9 | €1,200 | - | -€1,200 | |
| Other amounts payable | 47/48 | €72,274 | €23,729 | -€48,545 | -67.2% |
| Accrued charges and deferred income | 492/3 | €2,705 | €1,477 | -€1,228 | -45.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,207 | €3,470 | +€1,263 | +57.3% |
| Other operating charges | 640/8 | €1,698 | €1,436 | -€262 | -15.4% |
| Gross operating margin | 9900 | €44,340 | €45,691 | +€1,352 | +3.0% |
| Operating profit (loss) | 9901 | €40,436 | €40,786 | +€350 | +0.9% |
| Financial income | 75/76B | €0 | €19 | +€19 | +19140.0% |
| Recurring financial income | 75 | €0 | €19 | +€19 | +19140.0% |
| Financial charges | 65/66B | €3,946 | €2,493 | -€1,453 | -36.8% |
| Recurring financial charges | 65 | €3,946 | €2,493 | -€1,453 | -36.8% |
| Profit (loss) for the period before taxes | 9903 | €36,490 | €38,312 | +€1,823 | +5.0% |
| Income taxes | 67/77 | €8,227 | €8,714 | +€487 | +5.9% |
| Profit (loss) for the period | 9904 | €28,263 | €29,598 | +€1,335 | +4.7% |
| Profit (loss) for the period to be appropriated | 9905 | €28,263 | €29,598 | +€1,335 | +4.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.