BON APPEKIP: 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.
BON APPEKIP
Largest movements
- Intangible fixed assets +€27,194
up €27,194 (+171%), from €15,882 to €43,076
- Cash -€15,846
down €15,846 (-75.6%), from €20,951 to €5,105
mainly Investment in fixed assets (net) (-€30,250) and Receivables within one year (-€9,673)
- Receivables within one year +€9,673
up €9,673 (+26.7%), from €36,185 to €45,858
of which Other amounts receivable: +€6,854
- Tangible fixed assets -€2,903
down €2,903 (-86.3%), from €3,365 to €462
of which Furniture and vehicles: -€2,199
- Stocks and contracts +€1,721
new in 2025: €1,721
- Reserves +€16,071
up €16,071 (+33.5%), from €48,035 to €64,105
- Trade debts +€9,111
up €9,111 (+1,186%), from €768 to €9,879
- Debts after one year -€4,491
no longer reported in 2025 (was €4,491)
- Tax, wage and social debts +€3,265
up €3,265 (+27.1%), from €12,070 to €15,335
of which Taxes: +€1,758
- Current portion of long-term debt -€3,032
down €3,032 (-40.3%), from €7,522 to €4,491
- Gross operating margin +€27,184
up €27,184 (+42.6%), from €63,860 to €91,044
- Staff costs +€25,683
up €25,683 (+102%), from €25,246 to €50,929
- Other operating charges +€7,480
new in 2025: €7,480
- Depreciation -€4,228
down €4,228 (-41.5%), from €10,187 to €5,959
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 | €76,384 | €96,222 | +€19,839 | +26.0% |
| Fixed assets | 21/28 | €19,247 | €43,539 | +€24,291 | +126% |
| Intangible fixed assets | 21 | €15,882 | €43,076 | +€27,194 | +171% |
| Tangible fixed assets | 22/27 | €3,365 | €462 | -€2,903 | -86.3% |
| Plant, machinery and equipment | 23 | €774 | €70 | -€704 | -90.9% |
| Furniture and vehicles | 24 | €2,591 | €392 | -€2,199 | -84.9% |
| Current assets | 29/58 | €57,136 | €52,684 | -€4,452 | -7.8% |
| Stocks and contracts in progress | 3 | - | €1,721 | +€1,721 | |
| Stocks | 30/36 | - | €1,721 | +€1,721 | |
| Amounts receivable within one year | 40/41 | €36,185 | €45,858 | +€9,673 | +26.7% |
| Trade receivables | 40 | €34,246 | €37,066 | +€2,819 | +8.2% |
| Other amounts receivable | 41 | €1,939 | €8,793 | +€6,854 | +353% |
| Cash at bank and in hand | 54/58 | €20,951 | €5,105 | -€15,846 | -75.6% |
| Total equity and liabilities | 10/49 | €76,384 | €96,222 | +€19,839 | +26.0% |
| Equity | 10/15 | €48,035 | €64,105 | +€16,071 | +33.5% |
| Reserves | 13 | €48,035 | €64,105 | +€16,071 | +33.5% |
| Distributable reserves | 133 | €48,035 | €64,105 | +€16,071 | +33.5% |
| Amounts payable | 17/49 | €28,349 | €32,117 | +€3,768 | +13.3% |
| Amounts payable after more than one year | 17 | €4,491 | - | -€4,491 | |
| Financial debts | 170/4 | €4,491 | - | -€4,491 | |
| Amounts payable within one year | 42/48 | €21,446 | €29,705 | +€8,259 | +38.5% |
| Current portion of amounts payable after more than one year | 42 | €7,522 | €4,491 | -€3,032 | -40.3% |
| Trade debts | 44 | €768 | €9,879 | +€9,111 | +1,186% |
| Suppliers | 440/4 | €768 | €9,879 | +€9,111 | +1,186% |
| Taxes, remuneration and social security | 45 | €12,070 | €15,335 | +€3,265 | +27.1% |
| Taxes | 450/3 | €10,518 | €12,276 | +€1,758 | +16.7% |
| Remuneration and social security | 454/9 | €1,552 | €3,059 | +€1,507 | +97.1% |
| Other amounts payable | 47/48 | €1,086 | - | -€1,086 | |
| Accrued charges and deferred income | 492/3 | €2,413 | €2,413 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €25,246 | €50,929 | +€25,683 | +102% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,187 | €5,959 | -€4,228 | -41.5% |
| Other operating charges | 640/8 | - | €7,480 | +€7,480 | |
| Gross operating margin | 9900 | €63,860 | €91,044 | +€27,184 | +42.6% |
| Operating profit (loss) | 9901 | €28,428 | €26,676 | -€1,751 | -6.2% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €3,684 | €3,099 | -€585 | -15.9% |
| Recurring financial charges | 65 | €3,684 | €3,099 | -€585 | -15.9% |
| Profit (loss) for the period before taxes | 9903 | €24,744 | €23,578 | -€1,166 | -4.7% |
| Income taxes | 67/77 | €6,748 | €7,507 | +€759 | +11.2% |
| Profit (loss) for the period | 9904 | €17,996 | €16,071 | -€1,925 | -10.7% |
| Profit (loss) for the period to be appropriated | 9905 | €17,996 | €16,071 | -€1,925 | -10.7% |
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 30 October 2026 via checked.be.