Apropo Management services: 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.
Apropo Management services
Largest movements
- Receivables within one year -€48,222
down €48,222 (-95.6%), from €50,427 to €2,205
of which Trade receivables: -€46,836
- Cash +€27,826
up €27,826 (+81.3%), from €34,215 to €62,041
mainly Receivables within one year (+€48,222) and Net result for the year (+€38,538)
- Tax, wage and social debts -€13,548
down €13,548 (-74.8%), from €18,109 to €4,560
of which Taxes: -€9,448
- Profit (loss) carried forward -€6,729
down €6,729 (-15.9%), from €42,261 to €35,532
- Gross operating margin -€5,473
down €5,473 (-9.4%), from €58,419 to €52,947
- Taxes -€1,318
down €1,318 (-9.0%), from €14,623 to €13,305
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.
Derived cash bridge
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 | €85,253 | €64,517 | -€20,736 | -24.3% |
| Fixed assets | 21/28 | €611 | €271 | -€340 | -55.6% |
| Tangible fixed assets | 22/27 | €611 | €271 | -€340 | -55.6% |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €611 | €271 | -€340 | -55.6% |
| Current assets | 29/58 | €84,641 | €64,246 | -€20,396 | -24.1% |
| Amounts receivable within one year | 40/41 | €50,427 | €2,205 | -€48,222 | -95.6% |
| Trade receivables | 40 | €49,041 | €2,205 | -€46,836 | -95.5% |
| Other amounts receivable | 41 | €1,386 | - | -€1,386 | |
| Cash at bank and in hand | 54/58 | €34,215 | €62,041 | +€27,826 | +81.3% |
| Total equity and liabilities | 10/49 | €85,253 | €64,517 | -€20,736 | -24.3% |
| Equity | 10/15 | €62,721 | €55,992 | -€6,729 | -10.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €42,261 | €35,532 | -€6,729 | -15.9% |
| Amounts payable | 17/49 | €22,532 | €8,524 | -€14,007 | -62.2% |
| Amounts payable within one year | 42/48 | €22,532 | €8,524 | -€14,007 | -62.2% |
| Trade debts | 44 | €482 | €23 | -€459 | -95.1% |
| Suppliers | 440/4 | €482 | €23 | -€459 | -95.1% |
| Taxes, remuneration and social security | 45 | €18,109 | €4,560 | -€13,548 | -74.8% |
| Taxes | 450/3 | €10,809 | €1,360 | -€9,448 | -87.4% |
| Remuneration and social security | 454/9 | €7,300 | €3,200 | -€4,100 | -56.2% |
| Other amounts payable | 47/48 | €3,941 | €3,941 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €298 | €340 | +€42 | +14.1% |
| Other operating charges | 640/8 | €1,134 | €686 | -€448 | -39.5% |
| Gross operating margin | 9900 | €58,419 | €52,947 | -€5,473 | -9.4% |
| Operating profit (loss) | 9901 | €56,987 | €51,921 | -€5,067 | -8.9% |
| Financial charges | 65/66B | €104 | €78 | -€26 | -24.9% |
| Recurring financial charges | 65 | €104 | €78 | -€26 | -24.9% |
| Profit (loss) for the period before taxes | 9903 | €56,884 | €51,843 | -€5,041 | -8.9% |
| Income taxes | 67/77 | €14,623 | €13,305 | -€1,318 | -9.0% |
| Profit (loss) for the period | 9904 | €42,261 | €38,538 | -€3,723 | -8.8% |
| Profit (loss) for the period to be appropriated | 9905 | €42,261 | €38,538 | -€3,723 | -8.8% |
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 15 October 2026 via checked.be.