APRICUM: 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.
APRICUM
Largest movements
- Current investments -€300,000
down €300,000 (-100.0%), from €300,000 to €0
- Cash +€25,767
up €25,767 (+64.9%), from €39,727 to €65,494
mainly Net result for the year (+€748,147) and Current investments (+€300,000)
- Receivables within one year +€8,742
new in 2025: €8,742
- Reserves -€225,000
down €225,000 (-69.7%), from €323,000 to €98,000
- Tax, wage and social debts -€26,275
down €26,275 (-73.2%), from €35,917 to €9,642
- Current portion of long-term debt -€7,589
down €7,589 (-74.9%), from €10,132 to €2,543
- Trade debts -€4,796
down €4,796 (-74.5%), from €6,440 to €1,643
- Gross operating margin +€854,993
up €854,993 (+575.7%), from €148,505 to €1.0m
- Taxes +€212,981
up €212,981 (+712.5%), from €29,891 to €242,872
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €389,281 | €126,832 | -€262,450 | -67.4% |
| Fixed assets | 21/28 | €49,202 | €52,215 | +€3,013 | +6.1% |
| Tangible fixed assets | 22/27 | €49,202 | €52,215 | +€3,013 | +6.1% |
| Plant, machinery and equipment | 23 | €1,155 | €687 | -€468 | -40.5% |
| Furniture and vehicles | 24 | €14,325 | €2,912 | -€11,413 | -79.7% |
| Other tangible fixed assets | 26 | €33,723 | €48,617 | +€14,894 | +44.2% |
| Current assets | 29/58 | €340,079 | €74,617 | -€265,462 | -78.1% |
| Amounts receivable within one year | 40/41 | - | €8,742 | +€8,742 | |
| Other amounts receivable | 41 | - | €8,742 | +€8,742 | |
| Current investments | 50/53 | €300,000 | €0 | -€300,000 | -100.0% |
| Cash at bank and in hand | 54/58 | €39,727 | €65,494 | +€25,767 | +64.9% |
| Deferred charges and accrued income | 490/1 | €352 | €380 | +€28 | +8.0% |
| Total equity and liabilities | 10/49 | €389,281 | €126,832 | -€262,450 | -67.4% |
| Equity | 10/15 | €328,424 | €103,571 | -€224,853 | -68.5% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €323,000 | €98,000 | -€225,000 | -69.7% |
| Distributable reserves | 133 | €323,000 | €98,000 | -€225,000 | -69.7% |
| Profit (loss) carried forward | 14 | €424 | €571 | +€147 | +34.8% |
| Amounts payable | 17/49 | €60,858 | €23,261 | -€37,597 | -61.8% |
| Amounts payable after more than one year | 17 | €2,543 | €0 | -€2,543 | -100.0% |
| Financial debts | 170/4 | €2,543 | €0 | -€2,543 | -100.0% |
| Amounts payable within one year | 42/48 | €58,315 | €23,261 | -€35,054 | -60.1% |
| Current portion of amounts payable after more than one year | 42 | €10,132 | €2,543 | -€7,589 | -74.9% |
| Trade debts | 44 | €6,440 | €1,643 | -€4,796 | -74.5% |
| Suppliers | 440/4 | €6,440 | €1,643 | -€4,796 | -74.5% |
| Taxes, remuneration and social security | 45 | €35,917 | €9,642 | -€26,275 | -73.2% |
| Taxes | 450/3 | €35,917 | €9,642 | -€26,275 | -73.2% |
| Other amounts payable | 47/48 | €5,826 | €9,432 | +€3,606 | +61.9% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,996 | €17,089 | +€4,093 | +31.5% |
| Other operating charges | 640/8 | €528 | €544 | +€16 | +3.0% |
| Gross operating margin | 9900 | €148,505 | €1,003,498 | +€854,993 | +575.7% |
| Operating profit (loss) | 9901 | €134,981 | €985,866 | +€850,885 | +630.4% |
| Financial income | 75/76B | €6,125 | €5,380 | -€745 | -12.2% |
| Recurring financial income | 75 | €6,125 | €5,380 | -€745 | -12.2% |
| Financial charges | 65/66B | €214 | €227 | +€13 | +6.1% |
| Recurring financial charges | 65 | €214 | €227 | +€13 | +6.1% |
| Profit (loss) for the period before taxes | 9903 | €140,892 | €991,019 | +€850,127 | +603.4% |
| Income taxes | 67/77 | €29,891 | €242,872 | +€212,981 | +712.5% |
| Profit (loss) for the period | 9904 | €111,001 | €748,147 | +€637,147 | +574.0% |
| Profit (loss) for the period to be appropriated | 9905 | €111,001 | €748,147 | +€637,147 | +574.0% |
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 10 October 2026 via checked.be.