APROX: 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.
APROX
Largest movements
- Cash +€37,391
up €37,391 (+119.8%), from €31,213 to €68,604
mainly Net result for the year (+€15,805) and Trade debts (+€12,541)
- Tangible fixed assets -€10,972
down €10,972 (-29.7%), from €36,949 to €25,977
of which Furniture and vehicles: -€5,940
- Receivables within one year +€6,300
up €6,300 (+195.7%), from €3,220 to €9,520
of which Trade receivables: +€9,256
- Reserves +€15,805
up €15,805 (+47.8%), from €33,094 to €48,899
- Trade debts +€12,541
up €12,541 (+495.4%), from €2,531 to €15,072
- Tax, wage and social debts +€3,085
up €3,085 (+181.0%), from €1,704 to €4,789
of which Taxes: +€3,085
- Other debts +€1,590
up €1,590 (+6.4%), from €25,032 to €26,621
- Gross operating margin +€13,799
up €13,799 (+57.7%), from €23,896 to €37,695
- Taxes +€4,381
up €4,381 (+94.2%), from €4,650 to €9,031
- Depreciation +€2,539
up €2,539 (+32.4%), from €7,826 to €10,366
- Other operating charges -€769
down €769 (-49.1%), from €1,566 to €797
- Financial income +€416
up €416 (+378.4%), from €110 to €526
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 | €72,771 | €105,381 | +€32,611 | +44.8% |
| Fixed assets | 21/28 | €36,949 | €25,977 | -€10,972 | -29.7% |
| Tangible fixed assets | 22/27 | €36,949 | €25,977 | -€10,972 | -29.7% |
| Plant, machinery and equipment | 23 | €10,133 | €5,100 | -€5,033 | -49.7% |
| Furniture and vehicles | 24 | €26,816 | €20,877 | -€5,940 | -22.1% |
| Current assets | 29/58 | €35,822 | €79,405 | +€43,583 | +121.7% |
| Amounts receivable within one year | 40/41 | €3,220 | €9,520 | +€6,300 | +195.7% |
| Trade receivables | 40 | €220 | €9,476 | +€9,256 | +4214.7% |
| Other amounts receivable | 41 | €3,000 | €44 | -€2,956 | -98.5% |
| Cash at bank and in hand | 54/58 | €31,213 | €68,604 | +€37,391 | +119.8% |
| Deferred charges and accrued income | 490/1 | €1,389 | €1,282 | -€107 | -7.7% |
| Total equity and liabilities | 10/49 | €72,771 | €105,381 | +€32,611 | +44.8% |
| Equity | 10/15 | €43,094 | €58,899 | +€15,805 | +36.7% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €33,094 | €48,899 | +€15,805 | +47.8% |
| Distributable reserves | 133 | €33,094 | €48,899 | +€15,805 | +47.8% |
| Amounts payable | 17/49 | €29,677 | €46,483 | +€16,806 | +56.6% |
| Amounts payable within one year | 42/48 | €29,677 | €46,483 | +€16,806 | +56.6% |
| Trade debts | 44 | €2,531 | €15,072 | +€12,541 | +495.4% |
| Suppliers | 440/4 | €2,531 | €15,072 | +€12,541 | +495.4% |
| Advances received on contracts in progress | 46 | €410 | - | -€410 | |
| Taxes, remuneration and social security | 45 | €1,704 | €4,789 | +€3,085 | +181.0% |
| Taxes | 450/3 | €504 | €3,589 | +€3,085 | +611.9% |
| Remuneration and social security | 454/9 | €1,200 | €1,200 | = | 0.0% |
| Other amounts payable | 47/48 | €25,032 | €26,621 | +€1,590 | +6.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,826 | €10,366 | +€2,539 | +32.4% |
| Other operating charges | 640/8 | €1,566 | €797 | -€769 | -49.1% |
| Gross operating margin | 9900 | €23,896 | €37,695 | +€13,799 | +57.7% |
| Operating profit (loss) | 9901 | €14,504 | €26,533 | +€12,028 | +82.9% |
| Financial income | 75/76B | €110 | €526 | +€416 | +378.4% |
| Recurring financial income | 75 | €110 | €526 | +€416 | +378.4% |
| Financial charges | 65/66B | €2,503 | €2,222 | -€281 | -11.2% |
| Recurring financial charges | 65 | €2,503 | €2,222 | -€281 | -11.2% |
| Profit (loss) for the period before taxes | 9903 | €12,111 | €24,837 | +€12,726 | +105.1% |
| Income taxes | 67/77 | €4,650 | €9,031 | +€4,381 | +94.2% |
| Profit (loss) for the period | 9904 | €7,461 | €15,805 | +€8,344 | +111.8% |
| Profit (loss) for the period to be appropriated | 9905 | €7,461 | €15,805 | +€8,344 | +111.8% |
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 7 October 2026 via checked.be.