APPARTNERS GCT: 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.
APPARTNERS GCT
Largest movements
- Cash +€21,971
up €21,971 (+84.0%), from €26,163 to €48,134
mainly Net result for the year (+€50,561) and Tax, wage and social debts (+€970)
- Receivables within one year +€6,815
up €6,815 (+36.7%), from €18,572 to €25,387
of which Other amounts receivable: +€14,240
- Profit (loss) carried forward +€30,561
up €30,561 (+113%), from €26,971 to €57,531
- Other debts -€2,999
no longer reported in 2025 (was €2,999)
- Tax, wage and social debts +€970
up €970 (+7.6%), from €12,765 to €13,735
- Gross operating margin +€3,761
up €3,761 (+6.6%), from €56,688 to €60,450
- Taxes +€658
up €658 (+7.0%), from €9,400 to €10,058
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.
Derived cash bridge
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 | €44,735 | €73,521 | +€28,786 | +64.3% |
| Current assets | 29/58 | €44,735 | €73,521 | +€28,786 | +64.3% |
| Amounts receivable within one year | 40/41 | €18,572 | €25,387 | +€6,815 | +36.7% |
| Trade receivables | 40 | €18,572 | €11,147 | -€7,425 | -40.0% |
| Other amounts receivable | 41 | - | €14,240 | +€14,240 | |
| Cash at bank and in hand | 54/58 | €26,163 | €48,134 | +€21,971 | +84.0% |
| Total equity and liabilities | 10/49 | €44,735 | €73,521 | +€28,786 | +64.3% |
| Equity | 10/15 | €28,971 | €59,531 | +€30,561 | +105% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €26,971 | €57,531 | +€30,561 | +113% |
| Amounts payable | 17/49 | €15,764 | €13,990 | -€1,774 | -11.3% |
| Amounts payable within one year | 42/48 | €15,764 | €13,990 | -€1,774 | -11.3% |
| Trade debts | 44 | - | €255 | +€255 | |
| Suppliers | 440/4 | - | €255 | +€255 | |
| Taxes, remuneration and social security | 45 | €12,765 | €13,735 | +€970 | +7.6% |
| Taxes | 450/3 | €12,765 | €13,735 | +€970 | +7.6% |
| Other amounts payable | 47/48 | €2,999 | - | -€2,999 | |
| Other operating charges | 640/8 | €294 | €127 | -€167 | -56.9% |
| Gross operating margin | 9900 | €56,688 | €60,450 | +€3,761 | +6.6% |
| Operating profit (loss) | 9901 | €56,394 | €60,323 | +€3,929 | +7.0% |
| Financial income | 75/76B | - | €420 | +€420 | |
| Recurring financial income | 75 | - | €420 | +€420 | |
| Financial charges | 65/66B | €23 | €125 | +€101 | +437% |
| Recurring financial charges | 65 | €23 | €125 | +€101 | +437% |
| Profit (loss) for the period before taxes | 9903 | €56,371 | €60,618 | +€4,247 | +7.5% |
| Income taxes | 67/77 | €9,400 | €10,058 | +€658 | +7.0% |
| Profit (loss) for the period | 9904 | €46,971 | €50,561 | +€3,590 | +7.6% |
| Profit (loss) for the period to be appropriated | 9905 | €46,971 | €50,561 | +€3,590 | +7.6% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.