APPROFIT: 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.
What changed
APPROFIT
NACE 70.200, Business and other management consultancy
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€4,405
2024 · €497,452-€501,856
Equity
€2.3m
2024 · €2.3m-€4,405
Cash
€8,340
2024 · €28,488-€20,148
Balance sheet total
€2.9m
2024 · €3.0m-€57,510
Largest movements
Assets
- Receivables within one year -€35,931
down €35,931 (-100.0%), from €35,931 to €0
Equity and liabilities
- Debts after one year -€142,653
down €142,653 (-41.9%), from €340,683 to €198,030
- Other debts +€130,178
up €130,178 (+132.6%), from €98,174 to €228,352
- Tax, wage and social debts -€35,216
down €35,216 (-90.4%), from €38,951 to €3,735
Income statement
- Gross operating margin -€539,855
down €539,855 (-90.8%), from €594,774 to €54,919
- Taxes -€69,904
down €69,904 (-99.2%), from €70,471 to €567
- Financial income -€26,640
down €26,640 (-93.7%), from €28,436 to €1,796
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.
Result 2024
€497,452
Gross operating margin
-€539,855
Staff costs
-€471
Depreciation
-€3,721
Other operating charges
-€860
Other operating items
+€95
Financial income
-€26,640
Financial charges
-€308
Taxes
+€69,904
Result 2025
-€4,405
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.
From operations
+€160,233
Investment
-€22,000
Financing
-€158,381
Cash 2024
€28,488
From operations (derived)
+€160,233
Net result for the year
-€4,405
Depreciation
+€32,975
Receivables after one year
-€1,790
Receivables within one year
+€35,931
Deferred charges and accrued income
-€7,754
Trade debts
+€11,443
Tax, wage and social debts
-€35,216
Other debts
+€130,178
Accrued charges and deferred income
-€1,130
Investment (derived)
-€22,000
Investment in fixed assets (net)
-€22,000
Financing
-€158,381
Debts after one year
-€142,653
Current portion of long-term debt
-€15,728
Cash 2025
€8,340
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,981,602 | €2,924,092 | -€57,510 | -1.9% |
| Fixed assets | 21/28 | €2,810,676 | €2,799,701 | -€10,975 | -0.4% |
| Tangible fixed assets | 22/27 | €348,417 | €337,442 | -€10,975 | -3.1% |
| Land and buildings | 22 | €343,245 | €314,958 | -€28,287 | -8.2% |
| Plant, machinery and equipment | 23 | €2,382 | €1,437 | -€946 | -39.7% |
| Furniture and vehicles | 24 | €2,790 | €21,047 | +€18,258 | +654.5% |
| Financial fixed assets | 28 | €2,462,259 | €2,462,259 | = | 0.0% |
| Current assets | 29/58 | €170,925 | €124,391 | -€46,535 | -27.2% |
| Amounts receivable after more than one year | 29 | €17,336 | €19,125 | +€1,790 | +10.3% |
| Other amounts receivable | 291 | €17,336 | €19,125 | +€1,790 | +10.3% |
| Amounts receivable within one year | 40/41 | €35,931 | €0 | -€35,931 | -100.0% |
| Trade receivables | 40 | €35,931 | €0 | -€35,931 | -100.0% |
| Current investments | 50/53 | €49,964 | €49,964 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €28,488 | €8,340 | -€20,148 | -70.7% |
| Deferred charges and accrued income | 490/1 | €39,207 | €46,961 | +€7,754 | +19.8% |
| Total equity and liabilities | 10/49 | €2,981,602 | €2,924,092 | -€57,510 | -1.9% |
| Equity | 10/15 | €2,326,130 | €2,321,726 | -€4,405 | -0.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €2,307,530 | €2,303,126 | -€4,405 | -0.2% |
| Tax-exempt reserves | 132 | €286,730 | €286,730 | = | 0.0% |
| Distributable reserves | 133 | €2,020,800 | €2,016,396 | -€4,405 | -0.2% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €655,472 | €602,366 | -€53,105 | -8.1% |
| Amounts payable after more than one year | 17 | €340,683 | €198,030 | -€142,653 | -41.9% |
| Financial debts | 170/4 | €340,683 | €198,030 | -€142,653 | -41.9% |
| Amounts payable within one year | 42/48 | €300,512 | €391,190 | +€90,678 | +30.2% |
| Current portion of amounts payable after more than one year | 42 | €158,381 | €142,653 | -€15,728 | -9.9% |
| Trade debts | 44 | €5,006 | €16,450 | +€11,443 | +228.6% |
| Suppliers | 440/4 | €5,006 | €16,450 | +€11,443 | +228.6% |
| Taxes, remuneration and social security | 45 | €38,951 | €3,735 | -€35,216 | -90.4% |
| Taxes | 450/3 | €38,951 | €3,735 | -€35,216 | -90.4% |
| Other amounts payable | 47/48 | €98,174 | €228,352 | +€130,178 | +132.6% |
| Accrued charges and deferred income | 492/3 | €14,276 | €13,147 | -€1,130 | -7.9% |
| Remuneration, social security and pensions | 62 | - | €471 | +€471 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,254 | €32,975 | +€3,721 | +12.7% |
| Other operating charges | 640/8 | €2,270 | €3,130 | +€860 | +37.9% |
| Non-recurring operating charges | 66A | €417 | €322 | -€95 | -22.8% |
| Gross operating margin | 9900 | €594,774 | €54,919 | -€539,855 | -90.8% |
| Operating profit (loss) | 9901 | €562,832 | €18,021 | -€544,812 | -96.8% |
| Financial income | 75/76B | €28,436 | €1,796 | -€26,640 | -93.7% |
| Recurring financial income | 75 | €28,436 | €1,796 | -€26,640 | -93.7% |
| Financial charges | 65/66B | €23,345 | €23,654 | +€308 | +1.3% |
| Recurring financial charges | 65 | €23,345 | €23,654 | +€308 | +1.3% |
| Profit (loss) for the period before taxes | 9903 | €567,923 | -€3,837 | -€571,760 | |
| Income taxes | 67/77 | €70,471 | €567 | -€69,904 | -99.2% |
| Profit (loss) for the period | 9904 | €497,452 | -€4,405 | -€501,856 | |
| Profit (loss) for the period to be appropriated | 9905 | €497,452 | -€4,405 | -€501,856 |
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.