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Appro Projects: 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.

What changed

Appro Projects

BE 0765.321.981
NACE 78.100, Employment placement agencies
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€16,218
2024 · -€569+€16,788
Equity
€2,967
2024 · -€13,252+€16,218
Cash
€14,451
2024 · €677+€13,774
Balance sheet total
€65,830
2024 · €677+€65,153

Largest movements

2024 to 2025
Assets
  • Receivables within one year +€43,732

    new in 2025: €43,732

    of which Other amounts receivable: +€36,385

  • Cash +€13,774

    up €13,774 (+2034.2%), from €677 to €14,451

    mainly Trade debts (+€33,693) and Net result for the year (+€16,218)

  • Financial fixed assets +€7,647

    new in 2025: €7,647

Equity and liabilities
  • Trade debts +€33,693

    new in 2025: €33,693

  • Profit (loss) carried forward +€16,218

    up €16,218 (+88.9%), from -€18,252 to -€2,033

  • Tax, wage and social debts +€15,281

    new in 2025: €15,281

Income statement
  • Gross operating margin +€27,708

    new in 2025: €27,708

  • Taxes +€5,950

    new in 2025: €5,950

  • Other operating charges +€1,207

    up €1,207 (+232.9%), from €518 to €1,725

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 -€569
Other operating charges -€1,207
Other operating items +€24,056
Financial income +€0
Financial charges -€112
Taxes -€5,950
Result 2025 €16,218

Cash bridge derived

cash 2024 to 2025

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.

From operations +€21,421
Investment -€7,647
Financing €0
Cash 2024 €677
Net result for the year +€16,218
Receivables within one year -€43,732
Trade debts +€33,693
Tax, wage and social debts +€15,281
Other debts -€39
Investment in fixed assets (net) -€7,647
Cash 2025 €14,451
Every line side by side 33 lines
Line Code 2024 2025 Change %
Total assets 20/58 €677 €65,830 +€65,153 +9622.0%
Fixed assets 21/28 - €7,647 +€7,647
Financial fixed assets 28 - €7,647 +€7,647
Current assets 29/58 €677 €58,183 +€57,506 +8492.6%
Amounts receivable within one year 40/41 - €43,732 +€43,732
Trade receivables 40 - €7,347 +€7,347
Other amounts receivable 41 - €36,385 +€36,385
Cash at bank and in hand 54/58 €677 €14,451 +€13,774 +2034.2%
Total equity and liabilities 10/49 €677 €65,830 +€65,153 +9622.0%
Equity 10/15 -€13,252 €2,967 +€16,218
Contributions 10/11 €5,000 €5,000 = 0.0%
Outside capital 11 €5,000 €5,000 = 0.0%
Other 1109/19 €5,000 €5,000 = 0.0%
Profit (loss) carried forward 14 -€18,252 -€2,033 +€16,218 +88.9%
Amounts payable 17/49 €13,929 €62,864 +€48,935 +351.3%
Amounts payable within one year 42/48 €13,929 €62,864 +€48,935 +351.3%
Trade debts 44 - €33,693 +€33,693
Suppliers 440/4 - €33,693 +€33,693
Taxes, remuneration and social security 45 - €15,281 +€15,281
Taxes 450/3 - €15,281 +€15,281
Other amounts payable 47/48 €13,929 €13,890 -€39 -0.3%
Other operating charges 640/8 €518 €1,725 +€1,207 +232.9%
Non-recurring operating charges 66A - €3,652 +€3,652
Gross operating margin 9900 - €27,708 +€27,708
Operating profit (loss) 9901 -€518 €22,331 +€22,849
Financial income 75/76B - €0 +€0
Recurring financial income 75 - €0 +€0
Financial charges 65/66B €51 €163 +€112 +219.0%
Recurring financial charges 65 €51 €163 +€112 +219.0%
Profit (loss) for the period before taxes 9903 -€569 €22,168 +€22,738
Income taxes 67/77 - €5,950 +€5,950
Profit (loss) for the period 9904 -€569 €16,218 +€16,788
Profit (loss) for the period to be appropriated 9905 -€569 €16,218 +€16,788

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 29 September 2026 via checked.be.