APOPARK: 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.
APOPARK
Largest movements
- Stocks and contracts +€12,148
up €12,148 (+15.6%), from €77,742 to €89,890
- Cash -€8,266
down €8,266 (-13.4%), from €61,817 to €53,551
mainly Other debts (-€39,638) and Stocks and contracts (-€12,148)
- Receivables within one year +€6,002
up €6,002 (+15.2%), from €39,376 to €45,378
of which Other amounts receivable: +€5,878
- Tangible fixed assets -€4,177
down €4,177 (-19.4%), from €21,561 to €17,384
of which Other tangible fixed assets: -€3,542
- Other debts -€39,638
down €39,638 (-94.2%), from €42,073 to €2,435
- Reserves +€35,302
up €35,302 (+58.7%), from €60,177 to €95,479
of which Distributable reserves: +€35,302
- Accrued charges and deferred income +€6,261
up €6,261 (+126.3%), from €4,956 to €11,217
- Trade debts +€3,275
up €3,275 (+12.3%), from €26,678 to €29,953
- Staff costs +€20,184
up €20,184 (+29.4%), from €68,607 to €88,791
- Taxes -€7,051
down €7,051 (-34.0%), from €20,728 to €13,677
- Gross operating margin -€2,595
down €2,595 (-1.7%), from €155,106 to €152,511
- Financial income -€2,301
down €2,301 (-72.6%), from €3,169 to €867
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 | €205,336 | €210,821 | +€5,485 | +2.7% |
| Fixed assets | 21/28 | €21,561 | €17,384 | -€4,177 | -19.4% |
| Tangible fixed assets | 22/27 | €21,561 | €17,384 | -€4,177 | -19.4% |
| Plant, machinery and equipment | 23 | €1,603 | €1,511 | -€92 | -5.7% |
| Furniture and vehicles | 24 | €11,629 | €11,086 | -€543 | -4.7% |
| Other tangible fixed assets | 26 | €8,330 | €4,788 | -€3,542 | -42.5% |
| Current assets | 29/58 | €183,775 | €193,436 | +€9,662 | +5.3% |
| Stocks and contracts in progress | 3 | €77,742 | €89,890 | +€12,148 | +15.6% |
| Stocks | 30/36 | €77,742 | €89,890 | +€12,148 | +15.6% |
| Amounts receivable within one year | 40/41 | €39,376 | €45,378 | +€6,002 | +15.2% |
| Trade receivables | 40 | €35,030 | €35,153 | +€124 | +0.4% |
| Other amounts receivable | 41 | €4,347 | €10,225 | +€5,878 | +135.2% |
| Cash at bank and in hand | 54/58 | €61,817 | €53,551 | -€8,266 | -13.4% |
| Deferred charges and accrued income | 490/1 | €4,840 | €4,617 | -€222 | -4.6% |
| Total equity and liabilities | 10/49 | €205,336 | €210,821 | +€5,485 | +2.7% |
| Equity | 10/15 | €122,177 | €157,479 | +€35,302 | +28.9% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €60,177 | €95,479 | +€35,302 | +58.7% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €53,977 | €89,279 | +€35,302 | +65.4% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €83,159 | €53,342 | -€29,817 | -35.9% |
| Amounts payable within one year | 42/48 | €78,203 | €42,124 | -€36,079 | -46.1% |
| Trade debts | 44 | €26,678 | €29,953 | +€3,275 | +12.3% |
| Suppliers | 440/4 | €26,678 | €29,953 | +€3,275 | +12.3% |
| Taxes, remuneration and social security | 45 | €9,453 | €9,737 | +€284 | +3.0% |
| Taxes | 450/3 | €2,370 | €423 | -€1,947 | -82.2% |
| Remuneration and social security | 454/9 | €7,082 | €9,314 | +€2,231 | +31.5% |
| Other amounts payable | 47/48 | €42,073 | €2,435 | -€39,638 | -94.2% |
| Accrued charges and deferred income | 492/3 | €4,956 | €11,217 | +€6,261 | +126.3% |
| Remuneration, social security and pensions | 62 | €68,607 | €88,791 | +€20,184 | +29.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,503 | €9,841 | +€337 | +3.5% |
| Other operating charges | 640/8 | €1,499 | €400 | -€1,099 | -73.3% |
| Gross operating margin | 9900 | €155,106 | €152,511 | -€2,595 | -1.7% |
| Operating profit (loss) | 9901 | €75,497 | €53,480 | -€22,017 | -29.2% |
| Financial income | 75/76B | €3,169 | €867 | -€2,301 | -72.6% |
| Recurring financial income | 75 | €3,169 | €867 | -€2,301 | -72.6% |
| Financial charges | 65/66B | €3,961 | €5,369 | +€1,408 | +35.6% |
| Recurring financial charges | 65 | €3,961 | €5,369 | +€1,408 | +35.6% |
| Profit (loss) for the period before taxes | 9903 | €74,705 | €48,979 | -€25,727 | -34.4% |
| Income taxes | 67/77 | €20,728 | €13,677 | -€7,051 | -34.0% |
| Profit (loss) for the period | 9904 | €53,977 | €35,302 | -€18,675 | -34.6% |
| Profit (loss) for the period to be appropriated | 9905 | €53,977 | €35,302 | -€18,675 | -34.6% |
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 7 October 2026 via checked.be.