APULIA: 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.
APULIA
Largest movements
- Cash -€11,079
down €11,079 (-35.8%), from €30,973 to €19,894
mainly Net result for the year (-€131,146) and Current portion of long-term debt (-€6,973)
- Tangible fixed assets -€10,199
down €10,199 (-21.2%), from €48,063 to €37,864
of which Other tangible fixed assets: -€6,750
- Intangible fixed assets -€5,450
down €5,450 (-22.8%), from €23,862 to €18,412
- Deferred charges and accrued income -€1,795
down €1,795 (-25.1%), from €7,153 to €5,358
- Profit (loss) carried forward -€131,146
down €131,146 (-484%), from -€27,111 to -€158,256
- Trade debts +€40,127
up €40,127 (+101%), from €39,879 to €80,006
- Debts after one year +€33,249
new in 2025: €33,249
- Other debts +€33,232
up €33,232 (+67.1%), from €49,506 to €82,738
- Current portion of long-term debt -€6,973
no longer reported in 2025 (was €6,973)
- Staff costs +€76,484
up €76,484 (+23.8%), from €321,747 to €398,231
- Gross operating margin -€57,433
down €57,433 (-16.1%), from €355,787 to €298,353
- Taxes +€5,312
up €5,312 (+3,166%), from €168 to €5,480
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 | €135,446 | €106,001 | -€29,445 | -21.7% |
| Fixed assets | 21/28 | €71,925 | €56,276 | -€15,649 | -21.8% |
| Intangible fixed assets | 21 | €23,862 | €18,412 | -€5,450 | -22.8% |
| Tangible fixed assets | 22/27 | €48,063 | €37,864 | -€10,199 | -21.2% |
| Plant, machinery and equipment | 23 | €8,578 | €6,018 | -€2,561 | -29.9% |
| Furniture and vehicles | 24 | €2,033 | €1,144 | -€888 | -43.7% |
| Other tangible fixed assets | 26 | €37,452 | €30,702 | -€6,750 | -18.0% |
| Current assets | 29/58 | €63,521 | €49,726 | -€13,796 | -21.7% |
| Stocks and contracts in progress | 3 | €22,365 | €21,206 | -€1,159 | -5.2% |
| Stocks | 30/36 | €22,365 | €21,206 | -€1,159 | -5.2% |
| Amounts receivable within one year | 40/41 | €3,031 | €3,268 | +€237 | +7.8% |
| Trade receivables | 40 | €2,447 | €2,447 | = | 0.0% |
| Other amounts receivable | 41 | €584 | €821 | +€237 | +40.5% |
| Cash at bank and in hand | 54/58 | €30,973 | €19,894 | -€11,079 | -35.8% |
| Deferred charges and accrued income | 490/1 | €7,153 | €5,358 | -€1,795 | -25.1% |
| Total equity and liabilities | 10/49 | €135,446 | €106,001 | -€29,445 | -21.7% |
| Equity | 10/15 | -€6,651 | -€137,796 | -€131,146 | -1,972% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€27,111 | -€158,256 | -€131,146 | -484% |
| Amounts payable | 17/49 | €142,097 | €243,798 | +€101,701 | +71.6% |
| Amounts payable after more than one year | 17 | - | €33,249 | +€33,249 | |
| Financial debts | 170/4 | - | €33,249 | +€33,249 | |
| Amounts payable within one year | 42/48 | €141,862 | €210,472 | +€68,610 | +48.4% |
| Current portion of amounts payable after more than one year | 42 | €6,973 | - | -€6,973 | |
| Trade debts | 44 | €39,879 | €80,006 | +€40,127 | +101% |
| Suppliers | 440/4 | €39,879 | €80,006 | +€40,127 | +101% |
| Taxes, remuneration and social security | 45 | €45,505 | €47,729 | +€2,224 | +4.9% |
| Taxes | 450/3 | €7,954 | €3,808 | -€4,146 | -52.1% |
| Remuneration and social security | 454/9 | €37,551 | €43,921 | +€6,370 | +17.0% |
| Other amounts payable | 47/48 | €49,506 | €82,738 | +€33,232 | +67.1% |
| Accrued charges and deferred income | 492/3 | €235 | €76 | -€159 | -67.5% |
| Non-recurring operating income | 76A | - | €5,098 | +€5,098 | |
| Remuneration, social security and pensions | 62 | €321,747 | €398,231 | +€76,484 | +23.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,765 | €15,649 | -€3,116 | -16.6% |
| Other operating charges | 640/8 | €4,784 | €7,577 | +€2,793 | +58.4% |
| Gross operating margin | 9900 | €355,787 | €298,353 | -€57,433 | -16.1% |
| Operating profit (loss) | 9901 | €10,491 | -€123,105 | -€133,595 | |
| Financial income | 75/76B | €1,146 | €8 | -€1,138 | -99.3% |
| Recurring financial income | 75 | €1,146 | €8 | -€1,138 | -99.3% |
| Financial charges | 65/66B | €1,287 | €2,569 | +€1,282 | +99.6% |
| Recurring financial charges | 65 | €1,287 | €2,569 | +€1,282 | +99.6% |
| Profit (loss) for the period before taxes | 9903 | €10,349 | -€125,666 | -€136,015 | |
| Income taxes | 67/77 | €168 | €5,480 | +€5,312 | +3,166% |
| Profit (loss) for the period | 9904 | €10,182 | -€131,146 | -€141,327 | |
| Profit (loss) for the period to be appropriated | 9905 | €10,182 | -€131,146 | -€141,327 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.