APOLLO N°1: 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.
APOLLO N°1
Largest movements
- Receivables within one year +€19,563
up €19,563 (+1058.9%), from €1,847 to €21,411
- Cash -€589
down €589 (-13.5%), from €4,371 to €3,782
mainly Receivables within one year (-€19,563) and Trade debts (-€760)
- Contributions +€18,550
new in 2025: €18,550
- Profit (loss) carried forward +€1,277
up €1,277 (+58.0%), from -€2,202 to -€925
- Trade debts -€760
no longer reported in 2025 (was €760)
- Gross operating margin +€13,698
up €13,698 (+130.0%), from €10,536 to €24,234
- Staff costs +€11,449
up €11,449 (+94.7%), from €12,092 to €23,541
- Financial income +€520
up €520 (+471.5%), from €110 to €630
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 | €6,219 | €25,193 | +€18,974 | +305.1% |
| Current assets | 29/58 | €6,219 | €25,193 | +€18,974 | +305.1% |
| Amounts receivable within one year | 40/41 | €1,847 | €21,411 | +€19,563 | +1058.9% |
| Other amounts receivable | 41 | €1,847 | €21,411 | +€19,563 | +1058.9% |
| Cash at bank and in hand | 54/58 | €4,371 | €3,782 | -€589 | -13.5% |
| Total equity and liabilities | 10/49 | €6,219 | €25,193 | +€18,974 | +305.1% |
| Equity | 10/15 | -€2,098 | €17,730 | +€19,827 | |
| Contributions | 10/11 | - | €18,550 | +€18,550 | |
| Reserves | 13 | €104 | €104 | = | 0.0% |
| Non-distributable reserves | 130/1 | €104 | €104 | = | 0.0% |
| Reserves not available under the articles | 1311 | €104 | €104 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,202 | -€925 | +€1,277 | +58.0% |
| Amounts payable | 17/49 | €8,316 | €7,463 | -€853 | -10.3% |
| Amounts payable within one year | 42/48 | €8,316 | €7,463 | -€853 | -10.3% |
| Trade debts | 44 | €760 | - | -€760 | |
| Suppliers | 440/4 | €760 | - | -€760 | |
| Taxes, remuneration and social security | 45 | €7,556 | €7,463 | -€93 | -1.2% |
| Taxes | 450/3 | €2,390 | €2,390 | = | 0.0% |
| Remuneration and social security | 454/9 | €5,166 | €5,074 | -€93 | -1.8% |
| Remuneration, social security and pensions | 62 | €12,092 | €23,541 | +€11,449 | +94.7% |
| Other operating charges | 640/8 | €110 | - | -€110 | |
| Gross operating margin | 9900 | €10,536 | €24,234 | +€13,698 | +130.0% |
| Operating profit (loss) | 9901 | -€1,666 | €693 | +€2,359 | |
| Financial income | 75/76B | €110 | €630 | +€520 | +471.5% |
| Recurring financial income | 75 | €110 | €630 | +€520 | +471.5% |
| Financial charges | 65/66B | €69 | €46 | -€22 | -32.6% |
| Recurring financial charges | 65 | €69 | €46 | -€22 | -32.6% |
| Profit (loss) for the period before taxes | 9903 | -€1,624 | €1,277 | +€2,901 | |
| Profit (loss) for the period | 9904 | -€1,624 | €1,277 | +€2,901 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,624 | €1,277 | +€2,901 |
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 9 October 2026 via checked.be.