APTRACT: 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.
APTRACT
Largest movements
- Formation expenses -€480
down €480 (-40.6%), from €1,183 to €703
- Cash -€163
down €163 (-21.4%), from €765 to €601
mainly Net result for the year (-€643)
- Profit (loss) carried forward -€643
down €643 (-23.2%), from -€2,777 to -€3,420
No income-statement line moved by more than 1% of the activity.
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 | €1,948 | €1,305 | -€643 | -33.0% |
| Formation expenses | 20 | €1,183 | €703 | -€480 | -40.6% |
| Current assets | 29/58 | €765 | €601 | -€163 | -21.4% |
| Cash at bank and in hand | 54/58 | €765 | €601 | -€163 | -21.4% |
| Total equity and liabilities | 10/49 | €1,948 | €1,305 | -€643 | -33.0% |
| Equity | 10/15 | €223 | -€420 | -€643 | |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,777 | -€3,420 | -€643 | -23.2% |
| Amounts payable | 17/49 | €1,725 | €1,725 | = | 0.0% |
| Amounts payable within one year | 42/48 | €1,725 | €1,725 | = | 0.0% |
| Trade debts | 44 | €145 | €145 | = | 0.0% |
| Suppliers | 440/4 | €145 | €145 | = | 0.0% |
| Other amounts payable | 47/48 | €1,580 | €1,580 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €480 | €480 | -€0 | 0.0% |
| Operating profit (loss) | 9901 | -€480 | -€480 | +€0 | 0.0% |
| Financial charges | 65/66B | €151 | €163 | +€13 | +8.5% |
| Recurring financial charges | 65 | €151 | €163 | +€13 | +8.5% |
| Profit (loss) for the period before taxes | 9903 | -€630 | -€643 | -€13 | -2.0% |
| Profit (loss) for the period | 9904 | -€630 | -€643 | -€13 | -2.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€630 | -€643 | -€13 | -2.0% |
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 28 September 2026 via checked.be.