APPLEJACK Consult: 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.
APPLEJACK Consult
Largest movements
- Cash -€299,367
down €299,367 (-41.2%), from €727,377 to €428,010
mainly Debts after one year (-€258,457) and Current portion of long-term debt (-€156,551)
- Tangible fixed assets -€85,160
down €85,160 (-4.6%), from €1.8m to €1.8m
of which Land and buildings: -€71,671
- Debts after one year -€258,457
down €258,457 (-39.0%), from €662,041 to €403,584
- Other debts +€186,040
up €186,040 (+56.2%), from €331,270 to €517,310
- Current portion of long-term debt -€156,551
down €156,551 (-67.6%), from €231,703 to €75,152
- Provisions -€132,891
down €132,891 (-7.3%), from €1.8m to €1.7m
of which Provisions for liabilities and charges: -€130,720
- Provisions -€81,191
down €81,191 (-164%), from -€49,529 to -€130,720
- Gross operating margin -€52,305
down €52,305 (-36.7%), from €142,653 to €90,348
- Financial income -€46,759
down €46,759 (-100.0%), from €46,760 to €1
- Financial charges -€9,684
down €9,684 (-6.5%), from €149,536 to €139,852
- Depreciation +€3,958
up €3,958 (+4.9%), from €81,202 to €85,160
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 | €4,196,560 | €3,800,828 | -€395,732 | -9.4% |
| Fixed assets | 21/28 | €3,444,744 | €3,359,584 | -€85,160 | -2.5% |
| Tangible fixed assets | 22/27 | €1,849,689 | €1,764,529 | -€85,160 | -4.6% |
| Land and buildings | 22 | €1,789,487 | €1,717,815 | -€71,671 | -4.0% |
| Furniture and vehicles | 24 | €8,770 | €4,103 | -€4,667 | -53.2% |
| Leasing and similar rights | 25 | €39,939 | €31,117 | -€8,822 | -22.1% |
| Other tangible fixed assets | 26 | €11,494 | €11,494 | = | 0.0% |
| Financial fixed assets | 28 | €1,595,055 | €1,595,055 | = | 0.0% |
| Current assets | 29/58 | €751,816 | €441,244 | -€310,572 | -41.3% |
| Amounts receivable within one year | 40/41 | €14,793 | €12,313 | -€2,480 | -16.8% |
| Trade receivables | 40 | €14,793 | €12,186 | -€2,606 | -17.6% |
| Other amounts receivable | 41 | - | €126 | +€126 | |
| Cash at bank and in hand | 54/58 | €727,377 | €428,010 | -€299,367 | -41.2% |
| Deferred charges and accrued income | 490/1 | €9,646 | €921 | -€8,725 | -90.4% |
| Total equity and liabilities | 10/49 | €4,196,560 | €3,800,828 | -€395,732 | -9.4% |
| Equity | 10/15 | €1,130,875 | €1,122,851 | -€8,024 | -0.7% |
| Contributions | 10/11 | €66,200 | €66,200 | = | 0.0% |
| Reserves | 13 | €1,017,625 | €1,011,113 | -€6,512 | -0.6% |
| Non-distributable reserves | 130/1 | €7,860 | €7,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €7,860 | €7,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €149,765 | €143,253 | -€6,512 | -4.3% |
| Distributable reserves | 133 | €860,000 | €860,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €47,050 | €45,538 | -€1,512 | -3.2% |
| Provisions and deferred taxes | 16 | €1,814,694 | €1,681,804 | -€132,891 | -7.3% |
| Provisions for liabilities and charges | 160/5 | €1,764,773 | €1,634,053 | -€130,720 | -7.4% |
| Pensions and similar obligations | 160 | €269,917 | €1,634,053 | +€1.4m | +505% |
| Environmental obligations | 163 | €1,494,856 | - | -€1.5m | |
| Deferred taxes | 168 | €49,922 | €47,751 | -€2,171 | -4.3% |
| Amounts payable | 17/49 | €1,250,991 | €996,173 | -€254,817 | -20.4% |
| Amounts payable after more than one year | 17 | €662,041 | €403,584 | -€258,457 | -39.0% |
| Financial debts | 170/4 | €662,041 | €403,584 | -€258,457 | -39.0% |
| Amounts payable within one year | 42/48 | €588,950 | €592,590 | +€3,640 | +0.6% |
| Current portion of amounts payable after more than one year | 42 | €231,703 | €75,152 | -€156,551 | -67.6% |
| Trade debts | 44 | €18,491 | - | -€18,491 | |
| Suppliers | 440/4 | €18,491 | - | -€18,491 | |
| Taxes, remuneration and social security | 45 | €7,486 | €128 | -€7,359 | -98.3% |
| Taxes | 450/3 | €7,486 | - | -€7,486 | |
| Remuneration and social security | 454/9 | - | €128 | +€128 | |
| Other amounts payable | 47/48 | €331,270 | €517,310 | +€186,040 | +56.2% |
| Non-recurring operating income | 76A | €12,197 | - | -€12,197 | |
| Remuneration, social security and pensions | 62 | - | €786 | +€786 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €81,202 | €85,160 | +€3,958 | +4.9% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€49,529 | -€130,720 | -€81,191 | -164% |
| Other operating charges | 640/8 | €8,551 | €5,115 | -€3,435 | -40.2% |
| Gross operating margin | 9900 | €142,653 | €90,348 | -€52,305 | -36.7% |
| Operating profit (loss) | 9901 | €102,429 | €130,007 | +€27,577 | +26.9% |
| Financial income | 75/76B | €46,760 | €1 | -€46,759 | -100.0% |
| Recurring financial income | 75 | €46,760 | €1 | -€46,759 | -100.0% |
| Financial charges | 65/66B | €149,536 | €139,852 | -€9,684 | -6.5% |
| Recurring financial charges | 65 | €149,536 | €139,852 | -€9,684 | -6.5% |
| Profit (loss) for the period before taxes | 9903 | -€347 | -€9,844 | -€9,498 | -2,738% |
| Transfer from deferred taxes | 780 | €2,171 | €2,171 | = | 0.0% |
| Income taxes | 67/77 | €3,434 | €350 | -€3,084 | -89.8% |
| Profit (loss) for the period | 9904 | -€1,610 | -€8,024 | -€6,414 | -398% |
| Transfer from tax-exempt reserves | 789 | €6,512 | €6,512 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €4,902 | -€1,512 | -€6,414 |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.