APPLE ENTERPRISES: 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.
APPLE ENTERPRISES
Largest movements
- Cash +€15,209
up €15,209 (+24.4%), from €62,272 to €77,481
mainly Net result for the year (+€13,815) and Depreciation (+€13,450)
- Tangible fixed assets -€13,450
down €13,450 (-27.6%), from €48,725 to €35,274
of which Plant, machinery and equipment: -€6,933
- Receivables within one year -€1,680
no longer reported in 2025 (was €1,680)
- Profit (loss) carried forward +€13,815
up €13,815 (+23.1%), from -€59,853 to -€46,038
- Trade debts -€9,762
down €9,762 (-40.3%), from €24,211 to €14,449
- Short-term financial debts -€6,788
down €6,788 (-93.8%), from €7,235 to €448
- Other debts +€3,897
up €3,897 (+36.6%), from €10,654 to €14,551
- Current portion of long-term debt -€3,630
no longer reported in 2025 (was €3,630)
- Gross operating margin +€44,798
up €44,798 (+29.2%), from €153,282 to €198,080
- Staff costs +€10,672
up €10,672 (+6.8%), from €157,298 to €167,970
- Depreciation -€2,397
down €2,397 (-15.1%), from €15,848 to €13,450
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 | €132,817 | €132,576 | -€241 | -0.2% |
| Fixed assets | 21/28 | €48,730 | €35,279 | -€13,450 | -27.6% |
| Tangible fixed assets | 22/27 | €48,725 | €35,274 | -€13,450 | -27.6% |
| Plant, machinery and equipment | 23 | €21,758 | €14,824 | -€6,933 | -31.9% |
| Furniture and vehicles | 24 | €2,362 | €1,357 | -€1,005 | -42.6% |
| Other tangible fixed assets | 26 | €24,605 | €19,093 | -€5,512 | -22.4% |
| Financial fixed assets | 28 | €5 | €5 | = | 0.0% |
| Current assets | 29/58 | €84,088 | €97,297 | +€13,209 | +15.7% |
| Stocks and contracts in progress | 3 | €9,050 | €8,330 | -€720 | -8.0% |
| Stocks | 30/36 | €9,050 | €8,330 | -€720 | -8.0% |
| Amounts receivable within one year | 40/41 | €1,680 | - | -€1,680 | |
| Trade receivables | 40 | €1,680 | - | -€1,680 | |
| Cash at bank and in hand | 54/58 | €62,272 | €77,481 | +€15,209 | +24.4% |
| Deferred charges and accrued income | 490/1 | €11,086 | €11,486 | +€400 | +3.6% |
| Total equity and liabilities | 10/49 | €132,817 | €132,576 | -€241 | -0.2% |
| Equity | 10/15 | €58,098 | €71,913 | +€13,815 | +23.8% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €99,359 | €99,359 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €97,500 | €97,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€59,853 | -€46,038 | +€13,815 | +23.1% |
| Amounts payable | 17/49 | €74,719 | €60,663 | -€14,057 | -18.8% |
| Amounts payable within one year | 42/48 | €74,719 | €60,663 | -€14,057 | -18.8% |
| Current portion of amounts payable after more than one year | 42 | €3,630 | - | -€3,630 | |
| Financial debts | 43 | €7,235 | €448 | -€6,788 | -93.8% |
| Credit institutions | 430/8 | €7,235 | €448 | -€6,788 | -93.8% |
| Trade debts | 44 | €24,211 | €14,449 | -€9,762 | -40.3% |
| Suppliers | 440/4 | €24,211 | €14,449 | -€9,762 | -40.3% |
| Advances received on contracts in progress | 46 | €650 | €1,000 | +€350 | +53.8% |
| Taxes, remuneration and social security | 45 | €28,339 | €30,215 | +€1,876 | +6.6% |
| Taxes | 450/3 | €15,264 | €15,515 | +€251 | +1.6% |
| Remuneration and social security | 454/9 | €13,075 | €14,699 | +€1,625 | +12.4% |
| Other amounts payable | 47/48 | €10,654 | €14,551 | +€3,897 | +36.6% |
| Remuneration, social security and pensions | 62 | €157,298 | €167,970 | +€10,672 | +6.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,848 | €13,450 | -€2,397 | -15.1% |
| Other operating charges | 640/8 | €1,638 | €1,530 | -€109 | -6.6% |
| Gross operating margin | 9900 | €153,282 | €198,080 | +€44,798 | +29.2% |
| Operating profit (loss) | 9901 | -€21,502 | €15,130 | +€36,632 | |
| Financial income | 75/76B | €215 | €112 | -€103 | -47.7% |
| Recurring financial income | 75 | €215 | €112 | -€103 | -47.7% |
| Financial charges | 65/66B | €1,832 | €1,365 | -€467 | -25.5% |
| Recurring financial charges | 65 | €1,832 | €1,365 | -€467 | -25.5% |
| Profit (loss) for the period before taxes | 9903 | -€23,119 | €13,877 | +€36,996 | |
| Income taxes | 67/77 | €202 | €62 | -€140 | -69.3% |
| Profit (loss) for the period | 9904 | -€23,320 | €13,815 | +€37,136 | |
| Profit (loss) for the period to be appropriated | 9905 | -€23,320 | €13,815 | +€37,136 |
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 11 October 2026 via checked.be.