APR: 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.
APR
Largest movements
- Receivables within one year +€22,500
up €22,500 (+65.3%), from €34,444 to €56,944
of which Other amounts receivable: +€11,322
- Tangible fixed assets -€20,000
no longer reported in 2024 (was €20,000)
- Cash -€2,983
down €2,983 (-48.9%), from €6,096 to €3,113
mainly Receivables within one year (-€22,500) and Other debts (-€6,896)
- Other debts -€6,896
no longer reported in 2024 (was €6,896)
- Profit (loss) carried forward +€4,363
up €4,363 (+24.1%), from €18,084 to €22,447
- Tax, wage and social debts +€1,312
up €1,312 (+5.3%), from €24,967 to €26,279
of which Remuneration and social security: +€7,440
- Staff costs +€4,974
up €4,974 (+16.5%), from €30,158 to €35,132
- Taxes -€983
down €983 (-37.3%), from €2,633 to €1,650
- Gross operating margin +€836
up €836 (+1.4%), from €60,874 to €61,710
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €61,140 | €60,057 | -€1,083 | -1.8% |
| Fixed assets | 21/28 | €20,000 | - | -€20,000 | |
| Tangible fixed assets | 22/27 | €20,000 | - | -€20,000 | |
| Furniture and vehicles | 24 | €20,000 | - | -€20,000 | |
| Current assets | 29/58 | €41,140 | €60,057 | +€18,917 | +46.0% |
| Amounts receivable within one year | 40/41 | €34,444 | €56,944 | +€22,500 | +65.3% |
| Trade receivables | 40 | €30,409 | €41,587 | +€11,178 | +36.8% |
| Other amounts receivable | 41 | €4,036 | €15,358 | +€11,322 | +280.5% |
| Cash at bank and in hand | 54/58 | €6,096 | €3,113 | -€2,983 | -48.9% |
| Deferred charges and accrued income | 490/1 | €600 | - | -€600 | |
| Total equity and liabilities | 10/49 | €61,140 | €60,057 | -€1,083 | -1.8% |
| Equity | 10/15 | €29,084 | €33,447 | +€4,363 | +15.0% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Contributions outside capital | 11 | €10,000 | €10,000 | = | 0.0% |
| Share premium | 1100/10 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €1,000 | €1,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,000 | €1,000 | = | 0.0% |
| Legal reserve | 130 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €18,084 | €22,447 | +€4,363 | +24.1% |
| Amounts payable | 17/49 | €32,056 | €26,609 | -€5,447 | -17.0% |
| Amounts payable within one year | 42/48 | €32,056 | €26,609 | -€5,447 | -17.0% |
| Trade debts | 44 | €194 | €331 | +€137 | +70.7% |
| Suppliers | 440/4 | €194 | €331 | +€137 | +70.7% |
| Taxes, remuneration and social security | 45 | €24,967 | €26,279 | +€1,312 | +5.3% |
| Taxes | 450/3 | €19,942 | €13,814 | -€6,128 | -30.7% |
| Remuneration and social security | 454/9 | €5,025 | €12,465 | +€7,440 | +148.1% |
| Other amounts payable | 47/48 | €6,896 | - | -€6,896 | |
| Remuneration, social security and pensions | 62 | €30,158 | €35,132 | +€4,974 | +16.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,000 | €20,000 | = | 0.0% |
| Other operating charges | 640/8 | €109 | €368 | +€259 | +237.8% |
| Gross operating margin | 9900 | €60,874 | €61,710 | +€836 | +1.4% |
| Operating profit (loss) | 9901 | €10,607 | €6,210 | -€4,397 | -41.5% |
| Financial charges | 65/66B | €75 | €196 | +€121 | +161.7% |
| Recurring financial charges | 65 | €75 | €196 | +€121 | +161.7% |
| Profit (loss) for the period before taxes | 9903 | €10,532 | €6,013 | -€4,518 | -42.9% |
| Income taxes | 67/77 | €2,633 | €1,650 | -€983 | -37.3% |
| Profit (loss) for the period | 9904 | €7,899 | €4,363 | -€3,535 | -44.8% |
| Profit (loss) for the period to be appropriated | 9905 | €7,899 | €4,363 | -€3,535 | -44.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.