APPLECROSS: 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.
APPLECROSS
Largest movements
- Tangible fixed assets -€12,910
down €12,910 (-2.8%), from €461,160 to €448,250
of which Land and buildings: -€11,586
- Debts after one year -€50,504
down €50,504 (-17.6%), from €287,009 to €236,505
- Current portion of long-term debt +€30,551
up €30,551 (+153%), from €19,953 to €50,504
- Tax, wage and social debts +€17,178
up €17,178 (+108%), from €15,874 to €33,052
of which Taxes: +€9,428
- Reserves +€14,550
up €14,550 (+11.2%), from €129,986 to €144,536
- Other debts -€12,965
down €12,965 (-23.4%), from €55,378 to €42,412
- Gross operating margin +€35,307
up €35,307 (+162%), from €21,784 to €57,091
- Depreciation +€11,874
up €11,874 (+346%), from €3,432 to €15,307
- Taxes +€7,862
up €7,862 (+183%), from €4,294 to €12,156
- Financial charges +€2,104
up €2,104 (+17.6%), from €11,950 to €14,054
- Other operating charges +€590
up €590 (+134%), from €440 to €1,031
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 | €585,281 | €569,566 | -€15,716 | -2.7% |
| Fixed assets | 21/28 | €463,060 | €450,150 | -€12,910 | -2.8% |
| Tangible fixed assets | 22/27 | €461,160 | €448,250 | -€12,910 | -2.8% |
| Land and buildings | 22 | €450,834 | €439,248 | -€11,586 | -2.6% |
| Plant, machinery and equipment | 23 | €10,088 | €6,770 | -€3,318 | -32.9% |
| Other tangible fixed assets | 26 | €238 | €2,233 | +€1,995 | +838% |
| Financial fixed assets | 28 | €1,900 | €1,900 | = | 0.0% |
| Current assets | 29/58 | €122,221 | €119,416 | -€2,806 | -2.3% |
| Amounts receivable within one year | 40/41 | €119,841 | €118,130 | -€1,711 | -1.4% |
| Trade receivables | 40 | €103,622 | €100,061 | -€3,560 | -3.4% |
| Other amounts receivable | 41 | €16,219 | €18,068 | +€1,849 | +11.4% |
| Cash at bank and in hand | 54/58 | €1,148 | €229 | -€919 | -80.1% |
| Deferred charges and accrued income | 490/1 | €1,233 | €1,057 | -€176 | -14.2% |
| Total equity and liabilities | 10/49 | €585,281 | €569,566 | -€15,716 | -2.7% |
| Equity | 10/15 | €148,586 | €163,136 | +€14,550 | +9.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €129,986 | €144,536 | +€14,550 | +11.2% |
| Distributable reserves | 133 | €129,986 | €144,536 | +€14,550 | +11.2% |
| Amounts payable | 17/49 | €436,695 | €406,429 | -€30,266 | -6.9% |
| Amounts payable after more than one year | 17 | €287,009 | €236,505 | -€50,504 | -17.6% |
| Financial debts | 170/4 | €287,009 | €236,505 | -€50,504 | -17.6% |
| Amounts payable within one year | 42/48 | €145,995 | €169,425 | +€23,430 | +16.0% |
| Current portion of amounts payable after more than one year | 42 | €19,953 | €50,504 | +€30,551 | +153% |
| Financial debts | 43 | €9,012 | €8,720 | -€292 | -3.2% |
| Credit institutions | 430/8 | €9,012 | €8,720 | -€292 | -3.2% |
| Trade debts | 44 | €43,466 | €34,737 | -€8,729 | -20.1% |
| Suppliers | 440/4 | €43,466 | €34,737 | -€8,729 | -20.1% |
| Advances received on contracts in progress | 46 | €2,313 | €0 | -€2,313 | -100% |
| Taxes, remuneration and social security | 45 | €15,874 | €33,052 | +€17,178 | +108% |
| Taxes | 450/3 | €15,874 | €25,302 | +€9,428 | +59.4% |
| Remuneration and social security | 454/9 | - | €7,750 | +€7,750 | |
| Other amounts payable | 47/48 | €55,378 | €42,412 | -€12,965 | -23.4% |
| Accrued charges and deferred income | 492/3 | €3,692 | €500 | -€3,192 | -86.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,432 | €15,307 | +€11,874 | +346% |
| Other operating charges | 640/8 | €440 | €1,031 | +€590 | +134% |
| Gross operating margin | 9900 | €21,784 | €57,091 | +€35,307 | +162% |
| Operating profit (loss) | 9901 | €17,911 | €40,753 | +€22,842 | +128% |
| Financial income | 75/76B | €21 | €7 | -€14 | -65.6% |
| Recurring financial income | 75 | €21 | €7 | -€14 | -65.6% |
| Financial charges | 65/66B | €11,950 | €14,054 | +€2,104 | +17.6% |
| Recurring financial charges | 65 | €11,950 | €14,054 | +€2,104 | +17.6% |
| Profit (loss) for the period before taxes | 9903 | €5,982 | €26,706 | +€20,724 | +346% |
| Income taxes | 67/77 | €4,294 | €12,156 | +€7,862 | +183% |
| Profit (loss) for the period | 9904 | €1,688 | €14,550 | +€12,863 | +762% |
| Profit (loss) for the period to be appropriated | 9905 | €1,688 | €14,550 | +€12,863 | +762% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.