APS TECHNICS: 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.
APS TECHNICS
Largest movements
- Cash +€22,665
up €22,665 (+48.6%), from €46,604 to €69,269
mainly Other debts (+€136,339) and Net result for the year (+€69,632)
- Receivables within one year -€9,663
down €9,663 (-15.9%), from €60,754 to €51,092
of which Trade receivables: -€9,435
- Tangible fixed assets -€4,571
down €4,571 (-5.7%), from €80,728 to €76,157
of which Furniture and vehicles: -€6,359
- Other debts +€136,339
up €136,339 (+961.3%), from €14,182 to €150,521
- Reserves -€122,195
down €122,195 (-100.0%), from €122,195 to €0
- Debts after one year -€11,512
down €11,512 (-67.7%), from €17,007 to €5,495
- Trade debts +€10,558
up €10,558 (+1012.4%), from €1,043 to €11,601
- Tax, wage and social debts +€7,431
up €7,431 (+76.9%), from €9,659 to €17,090
- Gross operating margin +€4,768
up €4,768 (+4.3%), from €110,886 to €115,654
- Depreciation +€1,729
up €1,729 (+7.4%), from €23,402 to €25,131
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 | €189,787 | €198,218 | +€8,431 | +4.4% |
| Fixed assets | 21/28 | €80,728 | €76,157 | -€4,571 | -5.7% |
| Tangible fixed assets | 22/27 | €80,728 | €76,157 | -€4,571 | -5.7% |
| Land and buildings | 22 | €2,190 | €1,924 | -€265 | -12.1% |
| Plant, machinery and equipment | 23 | €37,420 | €45,228 | +€7,807 | +20.9% |
| Furniture and vehicles | 24 | €23,888 | €17,529 | -€6,359 | -26.6% |
| Leasing and similar rights | 25 | €17,230 | €11,476 | -€5,754 | -33.4% |
| Current assets | 29/58 | €109,059 | €122,061 | +€13,002 | +11.9% |
| Amounts receivable within one year | 40/41 | €60,754 | €51,092 | -€9,663 | -15.9% |
| Trade receivables | 40 | €59,214 | €49,780 | -€9,435 | -15.9% |
| Other amounts receivable | 41 | €1,540 | €1,312 | -€228 | -14.8% |
| Cash at bank and in hand | 54/58 | €46,604 | €69,269 | +€22,665 | +48.6% |
| Deferred charges and accrued income | 490/1 | €1,700 | €1,700 | -€0 | 0.0% |
| Total equity and liabilities | 10/49 | €189,787 | €198,218 | +€8,431 | +4.4% |
| Equity | 10/15 | €124,195 | €2,000 | -€122,195 | -98.4% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €122,195 | €0 | -€122,195 | -100.0% |
| Distributable reserves | 133 | €122,195 | €0 | -€122,195 | -100.0% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €65,591 | €196,218 | +€130,626 | +199.2% |
| Amounts payable after more than one year | 17 | €17,007 | €5,495 | -€11,512 | -67.7% |
| Financial debts | 170/4 | €17,007 | €5,495 | -€11,512 | -67.7% |
| Amounts payable within one year | 42/48 | €43,731 | €190,723 | +€146,993 | +336.1% |
| Current portion of amounts payable after more than one year | 42 | €18,847 | €11,512 | -€7,335 | -38.9% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €1,043 | €11,601 | +€10,558 | +1012.4% |
| Suppliers | 440/4 | €1,043 | €11,601 | +€10,558 | +1012.4% |
| Taxes, remuneration and social security | 45 | €9,659 | €17,090 | +€7,431 | +76.9% |
| Taxes | 450/3 | €9,659 | €17,090 | +€7,431 | +76.9% |
| Other amounts payable | 47/48 | €14,182 | €150,521 | +€136,339 | +961.3% |
| Accrued charges and deferred income | 492/3 | €4,854 | €0 | -€4,854 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,402 | €25,131 | +€1,729 | +7.4% |
| Other operating charges | 640/8 | €468 | €881 | +€413 | +88.4% |
| Gross operating margin | 9900 | €110,886 | €115,654 | +€4,768 | +4.3% |
| Operating profit (loss) | 9901 | €87,017 | €89,642 | +€2,625 | +3.0% |
| Financial income | 75/76B | €30 | €0 | -€30 | -99.9% |
| Recurring financial income | 75 | €30 | €0 | -€30 | -99.9% |
| Financial charges | 65/66B | €1,997 | €1,322 | -€676 | -33.8% |
| Recurring financial charges | 65 | €1,997 | €1,322 | -€676 | -33.8% |
| Profit (loss) for the period before taxes | 9903 | €85,049 | €88,320 | +€3,271 | +3.8% |
| Income taxes | 67/77 | €18,460 | €18,688 | +€228 | +1.2% |
| Profit (loss) for the period | 9904 | €66,589 | €69,632 | +€3,043 | +4.6% |
| Profit (loss) for the period to be appropriated | 9905 | €66,589 | €69,632 | +€3,043 | +4.6% |
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 8 October 2026 via checked.be.