APX Technology: 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.
APX Technology
Largest movements
- Receivables within one year -€182,890
down €182,890 (-54.1%), from €337,867 to €154,977
of which Trade receivables: -€180,167
- Stocks and contracts +€142,764
up €142,764 (+110%), from €129,435 to €272,199
- Cash +€72,763
up €72,763 (+828%), from €8,784 to €81,547
mainly Receivables within one year (+€182,890) and Trade debts (+€27,239)
- Trade debts +€27,239
up €27,239 (+7.7%), from €355,067 to €382,306
- Reserves +€10,143
up €10,143 (+14.1%), from €72,035 to €82,178
- Accrued charges and deferred income -€5,469
down €5,469 (-96.5%), from €5,669 to €200
- Turnover +€10.9m
new in 2025: €10.9m
- Purchases and services +€10.9m
new in 2025: €10.9m
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 | €480,454 | €514,076 | +€33,622 | +7.0% |
| Fixed assets | 21/28 | €4,368 | €5,353 | +€985 | +22.5% |
| Tangible fixed assets | 22/27 | €4,368 | €5,353 | +€985 | +22.5% |
| Land and buildings | 22 | - | €807 | +€807 | |
| Furniture and vehicles | 24 | €4,368 | €4,546 | +€178 | +4.1% |
| Current assets | 29/58 | €476,086 | €508,723 | +€32,637 | +6.9% |
| Stocks and contracts in progress | 3 | €129,435 | €272,199 | +€142,764 | +110% |
| Stocks | 30/36 | €129,435 | €272,199 | +€142,764 | +110% |
| Amounts receivable within one year | 40/41 | €337,867 | €154,977 | -€182,890 | -54.1% |
| Trade receivables | 40 | €305,374 | €125,208 | -€180,167 | -59.0% |
| Other amounts receivable | 41 | €32,493 | €29,769 | -€2,724 | -8.4% |
| Cash at bank and in hand | 54/58 | €8,784 | €81,547 | +€72,763 | +828% |
| Total equity and liabilities | 10/49 | €480,454 | €514,076 | +€33,622 | +7.0% |
| Equity | 10/15 | €92,035 | €102,178 | +€10,143 | +11.0% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €72,035 | €82,178 | +€10,143 | +14.1% |
| Distributable reserves | 133 | €72,035 | €82,178 | +€10,143 | +14.1% |
| Amounts payable | 17/49 | €388,419 | €411,898 | +€23,479 | +6.0% |
| Amounts payable within one year | 42/48 | €382,750 | €411,698 | +€28,949 | +7.6% |
| Trade debts | 44 | €355,067 | €382,306 | +€27,239 | +7.7% |
| Suppliers | 440/4 | €355,067 | €382,306 | +€27,239 | +7.7% |
| Taxes, remuneration and social security | 45 | €27,683 | €29,392 | +€1,709 | +6.2% |
| Taxes | 450/3 | €20,933 | €24,263 | +€3,330 | +15.9% |
| Remuneration and social security | 454/9 | €6,750 | €5,129 | -€1,621 | -24.0% |
| Accrued charges and deferred income | 492/3 | €5,669 | €200 | -€5,469 | -96.5% |
| Turnover | 70 | - | €10,890,579 | +€10.9m | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €10,863,428 | +€10.9m | |
| Remuneration, social security and pensions | 62 | - | €24,913 | +€24,913 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,317 | €1,151 | -€166 | -12.6% |
| Other operating charges | 640/8 | €808 | €0 | -€808 | -100% |
| Gross operating margin | 9900 | €105,992 | €46,143 | -€59,849 | -56.5% |
| Operating profit (loss) | 9901 | €103,868 | €20,079 | -€83,789 | -80.7% |
| Financial income | 75/76B | €668 | €7,557 | +€6,889 | +1,031% |
| Recurring financial income | 75 | €668 | €7,557 | +€6,889 | +1,031% |
| Financial charges | 65/66B | €13,818 | €14,614 | +€796 | +5.8% |
| Recurring financial charges | 65 | €13,818 | €14,614 | +€796 | +5.8% |
| Profit (loss) for the period before taxes | 9903 | €90,718 | €13,023 | -€77,695 | -85.6% |
| Income taxes | 67/77 | €18,683 | €2,880 | -€15,803 | -84.6% |
| Profit (loss) for the period | 9904 | €72,035 | €10,143 | -€61,892 | -85.9% |
| Profit (loss) for the period to be appropriated | 9905 | €72,035 | €10,143 | -€61,892 | -85.9% |
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 13 October 2026 via checked.be.