APRIL PROPERTIES: 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.
APRIL PROPERTIES
Largest movements
- Tangible fixed assets -€9,684
down €9,684 (-30.5%), from €31,704 to €22,020
of which Land and buildings: -€7,359
- Cash +€4,085
up €4,085 (+240.3%), from €1,700 to €5,785
mainly Depreciation (+€9,684)
- Profit (loss) carried forward -€5,599
down €5,599 (-10.2%), from -€54,919 to -€60,518
- Provisions +€10,120
new in 2025: €10,120
- Other operating charges -€2,260
down €2,260 (-50.5%), from €4,473 to €2,213
- Gross operating margin -€1,296
down €1,296 (-7.3%), from €17,765 to €16,469
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 | €34,283 | €28,685 | -€5,599 | -16.3% |
| Fixed assets | 21/28 | €32,584 | €22,900 | -€9,684 | -29.7% |
| Tangible fixed assets | 22/27 | €31,704 | €22,020 | -€9,684 | -30.5% |
| Land and buildings | 22 | €26,728 | €19,370 | -€7,359 | -27.5% |
| Plant, machinery and equipment | 23 | €4,975 | €2,650 | -€2,325 | -46.7% |
| Financial fixed assets | 28 | €880 | €880 | = | 0.0% |
| Current assets | 29/58 | €1,700 | €5,785 | +€4,085 | +240.3% |
| Cash at bank and in hand | 54/58 | €1,700 | €5,785 | +€4,085 | +240.3% |
| Total equity and liabilities | 10/49 | €34,283 | €28,685 | -€5,599 | -16.3% |
| Equity | 10/15 | €15,533 | €9,935 | -€5,599 | -36.0% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Capital | 10 | €18,592 | €18,592 | = | 0.0% |
| Issued capital | 100 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €51,860 | €51,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €50,000 | €50,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€54,919 | -€60,518 | -€5,599 | -10.2% |
| Amounts payable | 17/49 | €18,750 | €18,750 | = | 0.0% |
| Amounts payable within one year | 42/48 | €18,750 | €18,750 | = | 0.0% |
| Current portion of amounts payable after more than one year | 42 | €3,204 | €3,204 | = | 0.0% |
| Trade debts | 44 | €10,075 | €10,075 | = | 0.0% |
| Suppliers | 440/4 | €10,075 | €10,075 | = | 0.0% |
| Other amounts payable | 47/48 | €5,471 | €5,471 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,684 | €9,684 | = | 0.0% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €10,120 | +€10,120 | |
| Other operating charges | 640/8 | €4,473 | €2,213 | -€2,260 | -50.5% |
| Non-recurring operating charges | 66A | €50 | - | -€50 | |
| Gross operating margin | 9900 | €17,765 | €16,469 | -€1,296 | -7.3% |
| Operating profit (loss) | 9901 | €3,558 | -€5,548 | -€9,106 | |
| Financial charges | 65/66B | €46 | €50 | +€4 | +8.3% |
| Recurring financial charges | 65 | €46 | €50 | +€4 | +8.3% |
| Profit (loss) for the period before taxes | 9903 | €3,511 | -€5,599 | -€9,110 | |
| Profit (loss) for the period | 9904 | €3,511 | -€5,599 | -€9,110 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,511 | -€5,599 | -€9,110 |
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 3 October 2026 via checked.be.