APRO: 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.
APRO
Largest movements
- Receivables within one year -€65,378
down €65,378 (-52.5%), from €124,426 to €59,048
of which Other amounts receivable: -€54,992
- Cash +€29,241
up €29,241 (+76.8%), from €38,060 to €67,301
mainly Receivables within one year (+€65,378) and Net result for the year (+€42,075)
- Receivables after one year +€25,000
new in 2025: €25,000
- Reserves -€12,322
down €12,322 (-5.8%), from €211,171 to €198,849
- Gross operating margin -€18,132
down €18,132 (-23.3%), from €77,901 to €59,769
- Turnover -€17,500
down €17,500 (-10.4%), from €167,500 to €150,000
- Taxes -€4,296
down €4,296 (-20.4%), from €21,013 to €16,717
- Depreciation -€2,561
down €2,561 (-34.3%), from €7,465 to €4,904
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 | €241,171 | €229,858 | -€11,313 | -4.7% |
| Fixed assets | 21/28 | €8,685 | €8,509 | -€176 | -2.0% |
| Tangible fixed assets | 22/27 | €8,185 | €8,009 | -€176 | -2.2% |
| Plant, machinery and equipment | 23 | €7,038 | €7,269 | +€231 | +3.3% |
| Furniture and vehicles | 24 | €1,147 | €740 | -€407 | -35.5% |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €232,486 | €221,349 | -€11,137 | -4.8% |
| Amounts receivable after more than one year | 29 | - | €25,000 | +€25,000 | |
| Other amounts receivable | 291 | - | €25,000 | +€25,000 | |
| Amounts receivable within one year | 40/41 | €124,426 | €59,048 | -€65,378 | -52.5% |
| Trade receivables | 40 | €33,362 | €22,976 | -€10,386 | -31.1% |
| Other amounts receivable | 41 | €91,064 | €36,072 | -€54,992 | -60.4% |
| Current investments | 50/53 | €70,000 | €70,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €38,060 | €67,301 | +€29,241 | +76.8% |
| Total equity and liabilities | 10/49 | €241,171 | €229,858 | -€11,313 | -4.7% |
| Equity | 10/15 | €211,208 | €198,886 | -€12,322 | -5.8% |
| Reserves | 13 | €211,171 | €198,849 | -€12,322 | -5.8% |
| Distributable reserves | 133 | €211,171 | €198,849 | -€12,322 | -5.8% |
| Profit (loss) carried forward | 14 | €37 | €37 | -€0 | -0.5% |
| Amounts payable | 17/49 | €29,963 | €30,972 | +€1,009 | +3.4% |
| Amounts payable within one year | 42/48 | €29,963 | €30,972 | +€1,009 | +3.4% |
| Current portion of amounts payable after more than one year | 42 | €2,802 | €1,997 | -€805 | -28.7% |
| Trade debts | 44 | €3,377 | €4,720 | +€1,343 | +39.8% |
| Suppliers | 440/4 | €3,377 | €4,720 | +€1,343 | +39.8% |
| Taxes, remuneration and social security | 45 | €23,783 | €24,255 | +€472 | +2.0% |
| Taxes | 450/3 | €20,827 | €24,255 | +€3,428 | +16.5% |
| Remuneration and social security | 454/9 | €2,956 | - | -€2,956 | |
| Turnover | 70 | €167,500 | €150,000 | -€17,500 | -10.4% |
| Goods, raw materials, services and sundry goods | 60/61 | €96,340 | €96,993 | +€653 | +0.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,465 | €4,904 | -€2,561 | -34.3% |
| Other operating charges | 640/8 | €720 | €743 | +€23 | +3.2% |
| Non-recurring operating charges | 66A | €5,218 | - | -€5,218 | |
| Gross operating margin | 9900 | €77,901 | €59,769 | -€18,132 | -23.3% |
| Operating profit (loss) | 9901 | €64,499 | €54,122 | -€10,377 | -16.1% |
| Financial income | 75/76B | €5,540 | €4,790 | -€750 | -13.5% |
| Recurring financial income | 75 | €5,496 | €4,790 | -€706 | -12.8% |
| Non-recurring financial income | 76B | €44 | - | -€44 | |
| Financial charges | 65/66B | €102 | €120 | +€18 | +17.3% |
| Recurring financial charges | 65 | €102 | €120 | +€18 | +17.3% |
| Profit (loss) for the period before taxes | 9903 | €69,937 | €58,792 | -€11,145 | -15.9% |
| Income taxes | 67/77 | €21,013 | €16,717 | -€4,296 | -20.4% |
| Profit (loss) for the period | 9904 | €48,924 | €42,075 | -€6,849 | -14.0% |
| Profit (loss) for the period to be appropriated | 9905 | €48,924 | €42,075 | -€6,849 | -14.0% |
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 11 October 2026 via checked.be.