Apsimmo: 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.
Apsimmo
Largest movements
- Tangible fixed assets -€49,336
down €49,336 (-3.7%), from €1.3m to €1.3m
of which Land and buildings: -€52,361
- Receivables within one year +€46,459
up €46,459 (+1,330%), from €3,494 to €49,954
of which Trade receivables: +€34,325
- Profit (loss) carried forward -€61,525
down €61,525 (-17.9%), from -€344,511 to -€406,036
- Other debts +€58,865
up €58,865 (+1,391%), from €4,231 to €63,096
- Trade debts +€28,569
up €28,569 (+1,228%), from €2,326 to €30,895
- Debts after one year -€18,360
down €18,360 (-8.2%), from €223,273 to €204,913
of which Other amounts payable: -€18,360
- Turnover +€68,386
up €68,386 (+451%), from €15,180 to €83,566
- Gross operating margin -€59,763
down €59,763 (-46.5%), from €128,661 to €68,897
- Purchases and services +€41,948
up €41,948 (+35.4%), from €118,495 to €160,444
- Depreciation +€7,297
up €7,297 (+6.8%), from €106,783 to €114,080
- Other operating charges +€2,296
up €2,296 (+19.5%), from €11,748 to €14,045
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,382,545 | €1,379,178 | -€3,367 | -0.2% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €1,351,301 | €1,301,965 | -€49,336 | -3.7% |
| Tangible fixed assets | 22/27 | €1,347,888 | €1,298,552 | -€49,336 | -3.7% |
| Land and buildings | 22 | €984,915 | €932,554 | -€52,361 | -5.3% |
| Plant, machinery and equipment | 23 | €360,627 | €364,436 | +€3,809 | +1.1% |
| Furniture and vehicles | 24 | €2,346 | €1,562 | -€785 | -33.4% |
| Financial fixed assets | 28 | €3,413 | €3,413 | = | 0.0% |
| Current assets | 29/58 | €31,244 | €77,213 | +€45,969 | +147% |
| Amounts receivable within one year | 40/41 | €3,494 | €49,954 | +€46,459 | +1,330% |
| Trade receivables | 40 | €280 | €34,605 | +€34,325 | +12,252% |
| Other amounts receivable | 41 | €3,214 | €15,349 | +€12,135 | +378% |
| Cash at bank and in hand | 54/58 | €27,750 | €27,259 | -€490 | -1.8% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €1,382,545 | €1,379,178 | -€3,367 | -0.2% |
| Equity | 10/15 | €1,119,574 | €1,058,050 | -€61,525 | -5.5% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Capital | 10 | €0 | - | = | |
| Issued capital | 100 | €0 | - | = | |
| Contributions outside capital | 11 | €61,973 | - | -€61,973 | |
| Other | 1109/19 | €61,973 | - | -€61,973 | |
| Revaluation surpluses | 12 | €923,936 | €923,936 | = | 0.0% |
| Reserves | 13 | €478,177 | €478,177 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,547 | €3,547 | = | 0.0% |
| Legal reserve | 130 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €3,547 | €3,547 | = | 0.0% |
| Tax-exempt reserves | 132 | €0 | - | = | |
| Distributable reserves | 133 | €474,630 | €474,630 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€344,511 | -€406,036 | -€61,525 | -17.9% |
| Provisions and deferred taxes | 16 | €0 | - | = | |
| Deferred taxes | 168 | €0 | - | = | |
| Amounts payable | 17/49 | €262,971 | €321,128 | +€58,157 | +22.1% |
| Amounts payable after more than one year | 17 | €223,273 | €204,913 | -€18,360 | -8.2% |
| Financial debts | 170/4 | €0 | - | = | |
| Other amounts payable | 178/9 | €223,273 | €204,913 | -€18,360 | -8.2% |
| Amounts payable within one year | 42/48 | €39,698 | €116,215 | +€76,517 | +193% |
| Current portion of amounts payable after more than one year | 42 | €33,141 | €22,225 | -€10,916 | -32.9% |
| Trade debts | 44 | €2,326 | €30,895 | +€28,569 | +1,228% |
| Suppliers | 440/4 | €2,326 | €30,895 | +€28,569 | +1,228% |
| Taxes, remuneration and social security | 45 | €0 | €0 | = | |
| Taxes | 450/3 | €0 | €0 | = | |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €4,231 | €63,096 | +€58,865 | +1,391% |
| Turnover | 70 | €15,180 | €83,566 | +€68,386 | +451% |
| Goods, raw materials, services and sundry goods | 60/61 | €118,495 | €160,444 | +€41,948 | +35.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €106,783 | €114,080 | +€7,297 | +6.8% |
| Other operating charges | 640/8 | €11,748 | €14,045 | +€2,296 | +19.5% |
| Gross operating margin | 9900 | €128,661 | €68,897 | -€59,763 | -46.5% |
| Operating profit (loss) | 9901 | €10,129 | -€59,227 | -€69,356 | |
| Financial income | 75/76B | €71 | €135 | +€64 | +89.2% |
| Recurring financial income | 75 | €71 | €135 | +€64 | +89.2% |
| Financial charges | 65/66B | €1,375 | €2,432 | +€1,058 | +76.9% |
| Recurring financial charges | 65 | €1,375 | €2,432 | +€1,058 | +76.9% |
| Profit (loss) for the period before taxes | 9903 | €8,826 | -€61,525 | -€70,350 | |
| Profit (loss) for the period | 9904 | €8,826 | -€61,525 | -€70,350 | |
| Profit (loss) for the period to be appropriated | 9905 | €8,826 | -€61,525 | -€70,350 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.