APTESYS: 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.
APTESYS
Largest movements
- Cash +€61,987
up €61,987 (+38.2%), from €162,472 to €224,459
mainly Net result for the year (+€53,861) and Tax, wage and social debts (+€13,630)
- Tangible fixed assets -€11,729
down €11,729 (-13.1%), from €89,576 to €77,846
- Receivables within one year -€4,597
down €4,597 (-53.4%), from €8,613 to €4,016
of which Trade receivables: -€4,333
- Reserves +€53,861
up €53,861 (+81.9%), from €65,760 to €119,621
- Other debts -€21,276
no longer reported in 2025 (was €21,276)
- Tax, wage and social debts +€13,630
up €13,630 (+95.3%), from €14,309 to €27,940
- Staff costs -€37,443
down €37,443 (-65.2%), from €57,427 to €19,984
- Turnover -€13,806
down €13,806 (-4.9%), from €280,514 to €266,708
- Taxes +€13,705
up €13,705 (+135.6%), from €10,109 to €23,814
- Purchases and services -€11,408
down €11,408 (-7.8%), from €146,042 to €134,633
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 | €330,716 | €376,377 | +€45,661 | +13.8% |
| Fixed assets | 21/28 | €159,631 | €147,902 | -€11,729 | -7.3% |
| Tangible fixed assets | 22/27 | €89,576 | €77,846 | -€11,729 | -13.1% |
| Land and buildings | 22 | €89,576 | €77,846 | -€11,729 | -13.1% |
| Financial fixed assets | 28 | €70,056 | €70,056 | = | 0.0% |
| Current assets | 29/58 | €171,085 | €228,475 | +€57,390 | +33.5% |
| Amounts receivable within one year | 40/41 | €8,613 | €4,016 | -€4,597 | -53.4% |
| Trade receivables | 40 | €8,349 | €4,016 | -€4,333 | -51.9% |
| Other amounts receivable | 41 | €264 | - | -€264 | |
| Cash at bank and in hand | 54/58 | €162,472 | €224,459 | +€61,987 | +38.2% |
| Total equity and liabilities | 10/49 | €330,716 | €376,377 | +€45,661 | +13.8% |
| Equity | 10/15 | €294,367 | €348,228 | +€53,861 | +18.3% |
| Contributions | 10/11 | €56,200 | €56,200 | = | 0.0% |
| Capital | 10 | €56,200 | €56,200 | = | 0.0% |
| Issued capital | 100 | €68,600 | €68,600 | = | 0.0% |
| Uncalled capital | 101 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €65,760 | €119,621 | +€53,861 | +81.9% |
| Non-distributable reserves | 130/1 | €65,760 | €119,621 | +€53,861 | +81.9% |
| Legal reserve | 130 | €6,860 | €6,860 | = | 0.0% |
| Other | 1319 | €58,900 | €112,761 | +€53,861 | +91.4% |
| Profit (loss) carried forward | 14 | €172,407 | €172,407 | = | 0.0% |
| Amounts payable | 17/49 | €36,349 | €28,149 | -€8,201 | -22.6% |
| Amounts payable within one year | 42/48 | €36,349 | €28,149 | -€8,201 | -22.6% |
| Trade debts | 44 | €764 | €209 | -€555 | -72.7% |
| Suppliers | 440/4 | €764 | €209 | -€555 | -72.7% |
| Taxes, remuneration and social security | 45 | €14,309 | €27,940 | +€13,630 | +95.3% |
| Taxes | 450/3 | €14,309 | €27,940 | +€13,630 | +95.3% |
| Other amounts payable | 47/48 | €21,276 | - | -€21,276 | |
| Turnover | 70 | €280,514 | €266,708 | -€13,806 | -4.9% |
| Goods, raw materials, services and sundry goods | 60/61 | €146,042 | €134,633 | -€11,408 | -7.8% |
| Remuneration, social security and pensions | 62 | €57,427 | €19,984 | -€37,443 | -65.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,729 | €11,729 | = | 0.0% |
| Other operating charges | 640/8 | €22,164 | €21,277 | -€887 | -4.0% |
| Gross operating margin | 9900 | €134,472 | €132,074 | -€2,398 | -1.8% |
| Operating profit (loss) | 9901 | €43,152 | €79,084 | +€35,931 | +83.3% |
| Financial income | 75/76B | €1,470 | €1,347 | -€123 | -8.4% |
| Recurring financial income | 75 | €1,470 | €1,347 | -€123 | -8.4% |
| Financial charges | 65/66B | €2,787 | €2,755 | -€32 | -1.1% |
| Recurring financial charges | 65 | €1,438 | €1,130 | -€308 | -21.4% |
| Non-recurring financial charges | 66B | €1,349 | €1,625 | +€276 | +20.5% |
| Profit (loss) for the period before taxes | 9903 | €41,835 | €77,675 | +€35,840 | +85.7% |
| Income taxes | 67/77 | €10,109 | €23,814 | +€13,705 | +135.6% |
| Profit (loss) for the period | 9904 | €31,726 | €53,861 | +€22,136 | +69.8% |
| Profit (loss) for the period to be appropriated | 9905 | €31,726 | €53,861 | +€22,136 | +69.8% |
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 2 October 2026 via checked.be.