APPARTIM: 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.
APPARTIM
Largest movements
- Cash -€1,221
down €1,221 (-49.2%), from €2,480 to €1,259
mainly Net result for the year (-€13,671)
- Profit (loss) carried forward -€13,671
down €13,671 (-22.1%), from -€61,841 to -€75,511
- Other debts +€12,180
up €12,180 (+48.4%), from €25,179 to €37,359
- Trade debts +€270
up €270, from €0 to €270
- Gross operating margin -€691
down €691 (-13.8%), from -€5,025 to -€5,716
- Other operating charges +€402
up €402 (+5.5%), from €7,323 to €7,725
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 | €26,689 | €25,468 | -€1,221 | -4.6% |
| Fixed assets | 21/28 | €24,209 | €24,209 | = | 0.0% |
| Tangible fixed assets | 22/27 | €24,209 | €24,209 | = | 0.0% |
| Land and buildings | 22 | €24,209 | €24,209 | = | 0.0% |
| Current assets | 29/58 | €2,480 | €1,259 | -€1,221 | -49.2% |
| Cash at bank and in hand | 54/58 | €2,480 | €1,259 | -€1,221 | -49.2% |
| Total equity and liabilities | 10/49 | €26,689 | €25,468 | -€1,221 | -4.6% |
| Equity | 10/15 | €1,509 | -€12,161 | -€13,671 | |
| 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 | €1,350 | €1,350 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,350 | €1,350 | = | 0.0% |
| Legal reserve | 130 | €1,350 | €1,350 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€61,841 | -€75,511 | -€13,671 | -22.1% |
| Amounts payable | 17/49 | €25,179 | €37,629 | +€12,450 | +49.4% |
| Amounts payable within one year | 42/48 | €25,179 | €37,629 | +€12,450 | +49.4% |
| Trade debts | 44 | €0 | €270 | +€270 | |
| Suppliers | 440/4 | €0 | €270 | +€270 | |
| Other amounts payable | 47/48 | €25,179 | €37,359 | +€12,180 | +48.4% |
| Other operating charges | 640/8 | €7,323 | €7,725 | +€402 | +5.5% |
| Gross operating margin | 9900 | -€5,025 | -€5,716 | -€691 | -13.8% |
| Operating profit (loss) | 9901 | -€12,348 | -€13,442 | -€1,094 | -8.9% |
| Financial charges | 65/66B | €178 | €229 | +€51 | +28.6% |
| Recurring financial charges | 65 | €178 | €229 | +€51 | +28.6% |
| Profit (loss) for the period before taxes | 9903 | -€12,526 | -€13,671 | -€1,145 | -9.1% |
| Profit (loss) for the period | 9904 | -€12,526 | -€13,671 | -€1,145 | -9.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€12,526 | -€13,671 | -€1,145 | -9.1% |
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 5 October 2026 via checked.be.