B APIMMO: 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.
B APIMMO
Largest movements
- Stocks and contracts -€21,673
down €21,673 (-100%), from €21,673 to €0
- Deferred charges and accrued income -€6,656
down €6,656 (-100%), from €6,656 to €0
- Cash +€5,980
up €5,980 (+482%), from €1,240 to €7,220
mainly Stocks and contracts (+€21,673) and Trade debts (+€6,881)
- Receivables within one year -€2,264
down €2,264 (-45.0%), from €5,034 to €2,770
of which Trade receivables: -€2,731
- Profit (loss) carried forward -€31,043
down €31,043 (-20.8%), from -€149,135 to -€180,178
- Trade debts +€6,881
up €6,881 (+772%), from €891 to €7,772
- Other debts -€685
down €685 (-0.4%), from €163,742 to €163,057
- Write-downs +€21,673
new in 2024: €21,673
- Taxes +€11,306
up €11,306, from -€11,201 to €105
- Other operating charges -€1,195
down €1,195 (-80.7%), from €1,481 to €285
- Depreciation -€432
down €432 (-100%), from €432 to €0
- Gross operating margin -€97
down €97 (-1.2%), from -€8,421 to -€8,518
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €34,732 | €9,990 | -€24,742 | -71.2% |
| Fixed assets | 21/28 | €129 | €0 | -€129 | -100% |
| Tangible fixed assets | 22/27 | €129 | €0 | -€129 | -100% |
| Furniture and vehicles | 24 | €129 | €0 | -€129 | -100% |
| Current assets | 29/58 | €34,603 | €9,990 | -€24,613 | -71.1% |
| Stocks and contracts in progress | 3 | €21,673 | €0 | -€21,673 | -100% |
| Stocks | 30/36 | €21,673 | €0 | -€21,673 | -100% |
| Amounts receivable within one year | 40/41 | €5,034 | €2,770 | -€2,264 | -45.0% |
| Trade receivables | 40 | €4,531 | €1,800 | -€2,731 | -60.3% |
| Other amounts receivable | 41 | €503 | €970 | +€467 | +92.8% |
| Cash at bank and in hand | 54/58 | €1,240 | €7,220 | +€5,980 | +482% |
| Deferred charges and accrued income | 490/1 | €6,656 | €0 | -€6,656 | -100% |
| Total equity and liabilities | 10/49 | €34,732 | €9,990 | -€24,742 | -71.2% |
| Equity | 10/15 | -€130,535 | -€161,578 | -€31,043 | -23.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€149,135 | -€180,178 | -€31,043 | -20.8% |
| Amounts payable | 17/49 | €165,267 | €171,568 | +€6,301 | +3.8% |
| Amounts payable within one year | 42/48 | €164,765 | €171,066 | +€6,301 | +3.8% |
| Trade debts | 44 | €891 | €7,772 | +€6,881 | +772% |
| Suppliers | 440/4 | €891 | €7,772 | +€6,881 | +772% |
| Taxes, remuneration and social security | 45 | €132 | €236 | +€105 | +79.6% |
| Taxes | 450/3 | €132 | €236 | +€105 | +79.6% |
| Other amounts payable | 47/48 | €163,742 | €163,057 | -€685 | -0.4% |
| Accrued charges and deferred income | 492/3 | €502 | €502 | = | 0.0% |
| Non-recurring operating income | 76A | - | €3,572 | +€3,572 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €432 | €0 | -€432 | -100% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €21,673 | +€21,673 | |
| Other operating charges | 640/8 | €1,481 | €285 | -€1,195 | -80.7% |
| Non-recurring operating charges | 66A | €757 | €0 | -€757 | -100% |
| Gross operating margin | 9900 | -€8,421 | -€8,518 | -€97 | -1.2% |
| Operating profit (loss) | 9901 | -€11,090 | -€30,477 | -€19,387 | -175% |
| Financial charges | 65/66B | €464 | €461 | -€3 | -0.6% |
| Recurring financial charges | 65 | €464 | €461 | -€3 | -0.6% |
| Profit (loss) for the period before taxes | 9903 | -€11,554 | -€30,938 | -€19,384 | -168% |
| Income taxes | 67/77 | -€11,201 | €105 | +€11,306 | |
| Profit (loss) for the period | 9904 | -€353 | -€31,043 | -€30,690 | -8,701% |
| Profit (loss) for the period to be appropriated | 9905 | -€353 | -€31,043 | -€30,690 | -8,701% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.