Apto: 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.
Apto
Largest movements
- Current investments +€35,810
up €35,810 (+26.7%), from €134,000 to €169,809
- Receivables after one year +€16,015
new in 2025: €16,015
- Cash +€12,235
up €12,235 (+91.9%), from €13,318 to €25,553
mainly Net result for the year (+€67,566) and Tax, wage and social debts (+€3,602)
- Receivables within one year +€7,145
up €7,145 (+32.0%), from €22,314 to €29,460
of which Trade receivables: +€6,309
- Reserves +€67,566
up €67,566 (+45.1%), from €149,913 to €217,480
- Tax, wage and social debts +€3,602
up €3,602 (+16.3%), from €22,152 to €25,755
- Gross operating margin +€20,581
up €20,581 (+29.4%), from €69,942 to €90,524
- Taxes +€5,475
up €5,475 (+39.1%), from €13,988 to €19,463
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 | €176,289 | €245,234 | +€68,945 | +39.1% |
| Fixed assets | 21/28 | €6,220 | €3,961 | -€2,260 | -36.3% |
| Tangible fixed assets | 22/27 | €6,220 | €3,961 | -€2,260 | -36.3% |
| Plant, machinery and equipment | 23 | €1,285 | €697 | -€589 | -45.8% |
| Furniture and vehicles | 24 | €2,540 | €1,152 | -€1,388 | -54.6% |
| Other tangible fixed assets | 26 | €2,395 | €2,112 | -€284 | -11.8% |
| Current assets | 29/58 | €170,069 | €241,274 | +€71,205 | +41.9% |
| Amounts receivable after more than one year | 29 | - | €16,015 | +€16,015 | |
| Other amounts receivable | 291 | - | €16,015 | +€16,015 | |
| Amounts receivable within one year | 40/41 | €22,314 | €29,460 | +€7,145 | +32.0% |
| Trade receivables | 40 | €22,314 | €28,623 | +€6,309 | +28.3% |
| Other amounts receivable | 41 | - | €836 | +€836 | |
| Current investments | 50/53 | €134,000 | €169,809 | +€35,810 | +26.7% |
| Cash at bank and in hand | 54/58 | €13,318 | €25,553 | +€12,235 | +91.9% |
| Deferred charges and accrued income | 490/1 | €437 | €437 | = | 0.0% |
| Total equity and liabilities | 10/49 | €176,289 | €245,234 | +€68,945 | +39.1% |
| Equity | 10/15 | €151,913 | €219,480 | +€67,566 | +44.5% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €149,913 | €217,480 | +€67,566 | +45.1% |
| Distributable reserves | 133 | €149,913 | €217,480 | +€67,566 | +45.1% |
| Amounts payable | 17/49 | €24,376 | €25,755 | +€1,379 | +5.7% |
| Amounts payable within one year | 42/48 | €24,376 | €25,755 | +€1,379 | +5.7% |
| Trade debts | 44 | €1,634 | - | -€1,634 | |
| Suppliers | 440/4 | €1,634 | - | -€1,634 | |
| Taxes, remuneration and social security | 45 | €22,152 | €25,755 | +€3,602 | +16.3% |
| Taxes | 450/3 | €22,152 | €25,755 | +€3,602 | +16.3% |
| Other amounts payable | 47/48 | €590 | - | -€590 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,152 | €2,260 | +€108 | +5.0% |
| Other operating charges | 640/8 | €318 | €520 | +€202 | +63.5% |
| Gross operating margin | 9900 | €69,942 | €90,524 | +€20,581 | +29.4% |
| Operating profit (loss) | 9901 | €67,473 | €87,744 | +€20,272 | +30.0% |
| Financial income | 75/76B | - | €443 | +€443 | |
| Recurring financial income | 75 | - | €443 | +€443 | |
| Financial charges | 65/66B | €1,216 | €1,158 | -€59 | -4.8% |
| Recurring financial charges | 65 | €1,216 | €1,158 | -€59 | -4.8% |
| Profit (loss) for the period before taxes | 9903 | €66,256 | €87,029 | +€20,773 | +31.4% |
| Income taxes | 67/77 | €13,988 | €19,463 | +€5,475 | +39.1% |
| Profit (loss) for the period | 9904 | €52,268 | €67,566 | +€15,298 | +29.3% |
| Profit (loss) for the period to be appropriated | 9905 | €52,268 | €67,566 | +€15,298 | +29.3% |
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 14 October 2026 via checked.be.