APOROL TRADING: what changed
What changed
APOROL TRADING
NACE 47.251, Retail sale of wines and spirits
filed annual accounts (NBB)
Net result for the year
€20,790
2024 · €6,355+€14,435
Equity
€272,553
2024 · €251,763+€20,790
Cash
€115,134
2024 · €338,182-€223,048
Balance sheet total
€1.1m
2024 · €1.2m-€116,595
Largest movements
Assets
- Cash -€223,048
down €223,048 (-66.0%), from €338,182 to €115,134
mainly Receivables within one year (-€184,158) and Trade debts (-€141,283)
- Receivables within one year +€184,158
up €184,158 (+148%), from €124,306 to €308,464
of which Trade receivables: +€172,402
- Stocks and contracts -€104,214
down €104,214 (-19.3%), from €539,992 to €435,777
- Receivables after one year +€31,785
up €31,785 (+21.4%), from €148,464 to €180,249
Equity and liabilities
- Trade debts -€141,283
down €141,283 (-17.6%), from €803,360 to €662,077
- Reserves +€20,790
up €20,790 (+9.0%), from €231,763 to €252,553
Income statement
- Financial charges -€8,597
down €8,597 (-83.0%), from €10,357 to €1,760
- Gross operating margin +€4,792
up €4,792 (+5.6%), from €85,744 to €90,535
- Depreciation -€2,643
down €2,643 (-24.2%), from €10,941 to €8,298
- Taxes +€1,759
up €1,759 (+20.5%), from €8,563 to €10,323
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€6,355
Gross operating margin
+€4,792
Staff costs
+€690
Depreciation
+€2,643
Other operating charges
+€8
Financial income
-€535
Financial charges
+€8,597
Taxes
-€1,759
Result 2025
€20,790
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
-€220,025
Investment
-€3,023
Financing
€0
Cash 2024
€338,182
From operations (derived)
-€220,025
Net result for the year
+€20,790
Depreciation
+€8,298
Receivables after one year
-€31,785
Stocks and contracts
+€104,214
Receivables within one year
-€184,158
Trade debts
-€141,283
Tax, wage and social debts
+€3,541
Smaller working-capital items
+€357
Investment (derived)
-€3,023
Investment in fixed assets (net)
-€3,023
Cash 2025
€115,134
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,175,057 | €1,058,463 | -€116,595 | -9.9% |
| Fixed assets | 21/28 | €24,113 | €18,838 | -€5,275 | -21.9% |
| Intangible fixed assets | 21 | €11,730 | €8,897 | -€2,833 | -24.2% |
| Tangible fixed assets | 22/27 | €9,434 | €6,992 | -€2,442 | -25.9% |
| Plant, machinery and equipment | 23 | €2,301 | €2,502 | +€201 | +8.7% |
| Furniture and vehicles | 24 | €2,329 | €1,287 | -€1,041 | -44.7% |
| Other tangible fixed assets | 26 | €4,803 | €3,202 | -€1,601 | -33.3% |
| Financial fixed assets | 28 | €2,950 | €2,950 | = | 0.0% |
| Current assets | 29/58 | €1,150,944 | €1,039,624 | -€111,320 | -9.7% |
| Amounts receivable after more than one year | 29 | €148,464 | €180,249 | +€31,785 | +21.4% |
| Other amounts receivable | 291 | €148,464 | €180,249 | +€31,785 | +21.4% |
| Stocks and contracts in progress | 3 | €539,992 | €435,777 | -€104,214 | -19.3% |
| Stocks | 30/36 | €539,992 | €435,777 | -€104,214 | -19.3% |
| Amounts receivable within one year | 40/41 | €124,306 | €308,464 | +€184,158 | +148% |
| Trade receivables | 40 | €124,306 | €296,708 | +€172,402 | +139% |
| Other amounts receivable | 41 | €0 | €11,756 | +€11,756 | |
| Cash at bank and in hand | 54/58 | €338,182 | €115,134 | -€223,048 | -66.0% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €1,175,057 | €1,058,463 | -€116,595 | -9.9% |
| Equity | 10/15 | €251,763 | €272,553 | +€20,790 | +8.3% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €231,763 | €252,553 | +€20,790 | +9.0% |
| Distributable reserves | 133 | €231,763 | €252,553 | +€20,790 | +9.0% |
| Amounts payable | 17/49 | €923,294 | €785,910 | -€137,385 | -14.9% |
| Amounts payable after more than one year | 17 | €90,096 | €90,096 | = | 0.0% |
| Financial debts | 170/4 | €90,096 | €90,096 | = | 0.0% |
| Amounts payable within one year | 42/48 | €833,038 | €695,265 | -€137,774 | -16.5% |
| Trade debts | 44 | €803,360 | €662,077 | -€141,283 | -17.6% |
| Suppliers | 440/4 | €803,360 | €662,077 | -€141,283 | -17.6% |
| Taxes, remuneration and social security | 45 | €29,279 | €32,820 | +€3,541 | +12.1% |
| Taxes | 450/3 | €12,273 | €14,151 | +€1,878 | +15.3% |
| Remuneration and social security | 454/9 | €17,006 | €18,669 | +€1,663 | +9.8% |
| Other amounts payable | 47/48 | €399 | €367 | -€32 | -8.0% |
| Accrued charges and deferred income | 492/3 | €160 | €549 | +€389 | +243% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €50,085 | €49,395 | -€690 | -1.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,941 | €8,298 | -€2,643 | -24.2% |
| Other operating charges | 640/8 | €1,762 | €1,754 | -€8 | -0.4% |
| Gross operating margin | 9900 | €85,744 | €90,535 | +€4,792 | +5.6% |
| Operating profit (loss) | 9901 | €22,956 | €31,088 | +€8,132 | +35.4% |
| Financial income | 75/76B | €2,319 | €1,785 | -€535 | -23.1% |
| Recurring financial income | 75 | €2,319 | €1,785 | -€535 | -23.1% |
| Financial charges | 65/66B | €10,357 | €1,760 | -€8,597 | -83.0% |
| Recurring financial charges | 65 | €10,357 | €1,760 | -€8,597 | -83.0% |
| Profit (loss) for the period before taxes | 9903 | €14,919 | €31,113 | +€16,194 | +109% |
| Income taxes | 67/77 | €8,563 | €10,323 | +€1,759 | +20.5% |
| Profit (loss) for the period | 9904 | €6,355 | €20,790 | +€14,435 | +227% |
| Profit (loss) for the period to be appropriated | 9905 | €6,355 | €20,790 | +€14,435 | +227% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.