APTec: 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.
APTec
Largest movements
- Receivables within one year +€55,505
up €55,505 (+21.4%), from €258,911 to €314,415
of which Other amounts receivable: +€36,329
- Tangible fixed assets +€11,759
new in 2025: €11,759
- Other debts +€63,554
up €63,554 (+1,538%), from €4,132 to €67,686
- Trade debts +€18,091
up €18,091 (+48.9%), from €36,988 to €55,080
- Profit (loss) carried forward -€11,730
down €11,730 (-6.7%), from €176,334 to €164,604
- Staff costs +€16,313
up €16,313 (+53,891%), from €30 to €16,343
- Gross operating margin +€9,935
up €9,935, from -€8,812 to €1,123
- Other operating charges +€2,885
up €2,885, from €0 to €2,885
- Financial income +€1,946
up €1,946 (+29.4%), from €6,609 to €8,555
- Financial charges +€1,283
up €1,283 (+295%), from €435 to €1,717
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 | €259,350 | €331,083 | +€71,733 | +27.7% |
| Fixed assets | 21/28 | - | €13,780 | +€13,780 | |
| Tangible fixed assets | 22/27 | - | €11,759 | +€11,759 | |
| Furniture and vehicles | 24 | - | €11,759 | +€11,759 | |
| Financial fixed assets | 28 | - | €2,021 | +€2,021 | |
| Current assets | 29/58 | €259,350 | €317,304 | +€57,954 | +22.3% |
| Amounts receivable within one year | 40/41 | €258,911 | €314,415 | +€55,505 | +21.4% |
| Trade receivables | 40 | €2,582 | €21,757 | +€19,176 | +743% |
| Other amounts receivable | 41 | €256,329 | €292,658 | +€36,329 | +14.2% |
| Cash at bank and in hand | 54/58 | €440 | €2,888 | +€2,449 | +557% |
| Total equity and liabilities | 10/49 | €259,350 | €331,083 | +€71,733 | +27.7% |
| Equity | 10/15 | €184,694 | €172,964 | -€11,730 | -6.4% |
| Contributions | 10/11 | €6,500 | €6,500 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €176,334 | €164,604 | -€11,730 | -6.7% |
| Amounts payable | 17/49 | €74,656 | €158,119 | +€83,463 | +112% |
| Amounts payable within one year | 42/48 | €74,656 | €158,119 | +€83,463 | +112% |
| Trade debts | 44 | €36,988 | €55,080 | +€18,091 | +48.9% |
| Suppliers | 440/4 | €36,988 | €55,080 | +€18,091 | +48.9% |
| Taxes, remuneration and social security | 45 | €33,536 | €35,354 | +€1,818 | +5.4% |
| Taxes | 450/3 | €27,046 | €23,621 | -€3,425 | -12.7% |
| Remuneration and social security | 454/9 | €6,491 | €11,733 | +€5,243 | +80.8% |
| Other amounts payable | 47/48 | €4,132 | €67,686 | +€63,554 | +1,538% |
| Remuneration, social security and pensions | 62 | €30 | €16,343 | +€16,313 | +53,891% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €241 | +€241 | |
| Other operating charges | 640/8 | €0 | €2,885 | +€2,885 | |
| Gross operating margin | 9900 | -€8,812 | €1,123 | +€9,935 | |
| Operating profit (loss) | 9901 | -€8,842 | -€18,346 | -€9,504 | -107% |
| Financial income | 75/76B | €6,609 | €8,555 | +€1,946 | +29.4% |
| Recurring financial income | 75 | €6,609 | €8,555 | +€1,946 | +29.4% |
| Financial charges | 65/66B | €435 | €1,717 | +€1,283 | +295% |
| Recurring financial charges | 65 | €435 | €1,717 | +€1,283 | +295% |
| Profit (loss) for the period before taxes | 9903 | -€2,668 | -€11,509 | -€8,840 | -331% |
| Income taxes | 67/77 | €98 | €221 | +€124 | +127% |
| Profit (loss) for the period | 9904 | -€2,766 | -€11,730 | -€8,964 | -324% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,766 | -€11,730 | -€8,964 | -324% |
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 24 October 2026 via checked.be.