APx Accountants: what changed
APx Accountants
Largest movements
- Receivables within one year +€52,087
up €52,087 (+80.9%), from €64,422 to €116,510
of which Trade receivables: +€26,734
- Deferred charges and accrued income +€33,734
up €33,734 (+5,546%), from €608 to €34,342
- Cash +€13,025
up €13,025 (+24.5%), from €53,132 to €66,158
mainly Net result for the year (+€79,229) and Debts after one year (+€14,485)
- Tangible fixed assets +€7,545
up €7,545 (+82.5%), from €9,143 to €16,688
of which Land and buildings: +€13,772
- Reserves +€79,229
up €79,229 (+102%), from €77,992 to €157,221
- Debts after one year +€14,485
new in 2025: €14,485
- Tax, wage and social debts +€13,768
up €13,768 (+37.4%), from €36,791 to €50,559
of which Taxes: +€13,293
- Other debts -€7,482
no longer reported in 2025 (was €7,482)
- Trade debts +€6,391
up €6,391 (+166%), from €3,840 to €10,232
- Gross operating margin +€16,943
up €16,943 (+15.0%), from €113,027 to €129,970
- Staff costs +€10,085
up €10,085 (+103%), from €9,789 to €19,874
- Taxes +€3,301
up €3,301 (+16.6%), from €19,841 to €23,142
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €127,306 | €233,697 | +€106,392 | +83.6% |
| Fixed assets | 21/28 | €9,143 | €16,688 | +€7,545 | +82.5% |
| Tangible fixed assets | 22/27 | €9,143 | €16,688 | +€7,545 | +82.5% |
| Land and buildings | 22 | - | €13,772 | +€13,772 | |
| Plant, machinery and equipment | 23 | €1,911 | €1,461 | -€450 | -23.6% |
| Furniture and vehicles | 24 | €7,232 | €1,456 | -€5,777 | -79.9% |
| Current assets | 29/58 | €118,163 | €217,009 | +€98,846 | +83.7% |
| Amounts receivable within one year | 40/41 | €64,422 | €116,510 | +€52,087 | +80.9% |
| Trade receivables | 40 | €64,422 | €91,156 | +€26,734 | +41.5% |
| Other amounts receivable | 41 | - | €25,354 | +€25,354 | |
| Cash at bank and in hand | 54/58 | €53,132 | €66,158 | +€13,025 | +24.5% |
| Deferred charges and accrued income | 490/1 | €608 | €34,342 | +€33,734 | +5,546% |
| Total equity and liabilities | 10/49 | €127,306 | €233,697 | +€106,392 | +83.6% |
| Equity | 10/15 | €79,192 | €158,421 | +€79,229 | +100% |
| Contributions | 10/11 | €1,200 | €1,200 | = | 0.0% |
| Reserves | 13 | €77,992 | €157,221 | +€79,229 | +102% |
| Distributable reserves | 133 | €77,992 | €157,221 | +€79,229 | +102% |
| Amounts payable | 17/49 | €48,114 | €75,276 | +€27,162 | +56.5% |
| Amounts payable after more than one year | 17 | - | €14,485 | +€14,485 | |
| Financial debts | 170/4 | - | €14,485 | +€14,485 | |
| Amounts payable within one year | 42/48 | €48,114 | €60,791 | +€12,677 | +26.3% |
| Trade debts | 44 | €3,840 | €10,232 | +€6,391 | +166% |
| Suppliers | 440/4 | €3,840 | €10,232 | +€6,391 | +166% |
| Taxes, remuneration and social security | 45 | €36,791 | €50,559 | +€13,768 | +37.4% |
| Taxes | 450/3 | €34,977 | €48,271 | +€13,293 | +38.0% |
| Remuneration and social security | 454/9 | €1,814 | €2,289 | +€475 | +26.2% |
| Other amounts payable | 47/48 | €7,482 | - | -€7,482 | |
| Remuneration, social security and pensions | 62 | €9,789 | €19,874 | +€10,085 | +103% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,241 | €1,864 | -€377 | -16.8% |
| Other operating charges | 640/8 | €585 | €609 | +€24 | +4.1% |
| Non-recurring operating charges | 66A | - | €4,574 | +€4,574 | |
| Gross operating margin | 9900 | €113,027 | €129,970 | +€16,943 | +15.0% |
| Operating profit (loss) | 9901 | €100,412 | €103,048 | +€2,637 | +2.6% |
| Financial income | 75/76B | €0 | €691 | +€691 | +986,986% |
| Recurring financial income | 75 | €0 | €691 | +€691 | +986,986% |
| Financial charges | 65/66B | €2,579 | €1,369 | -€1,210 | -46.9% |
| Recurring financial charges | 65 | €2,579 | €1,369 | -€1,210 | -46.9% |
| Profit (loss) for the period before taxes | 9903 | €97,833 | €102,371 | +€4,538 | +4.6% |
| Income taxes | 67/77 | €19,841 | €23,142 | +€3,301 | +16.6% |
| Profit (loss) for the period | 9904 | €77,992 | €79,229 | +€1,237 | +1.6% |
| Profit (loss) for the period to be appropriated | 9905 | €77,992 | €79,229 | +€1,237 | +1.6% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.