Compt'APB: what changed
Two fiscal 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.
Compt'APB
Largest movements
- Receivables within one year +€149,098
up €149,098 (+427.1%), from €34,907 to €184,005
of which Trade receivables: +€129,790
- Tangible fixed assets -€15,298
down €15,298 (-9.8%), from €155,406 to €140,108
of which Plant, machinery and equipment: -€8,223
- Reserves +€113,100
up €113,100 (+50.9%), from €222,300 to €335,400
of which Distributable reserves: +€113,100
- Tax, wage and social debts +€10,118
up €10,118 (+355.4%), from €2,847 to €12,965
of which Taxes: +€9,909
- Other debts +€5,151
up €5,151 (+22.6%), from €22,818 to €27,970
- Gross operating margin +€147,635
up €147,635 (+202.3%), from €72,985 to €220,621
- Taxes +€45,489
up €45,489 (+601.2%), from €7,567 to €53,055
- Staff costs +€5,586
up €5,586 (+19.6%), from €28,436 to €34,022
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.
Cash bridge derived
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 | €314,831 | €445,315 | +€130,485 | +41.4% |
| Fixed assets | 21/28 | €155,406 | €140,108 | -€15,298 | -9.8% |
| Tangible fixed assets | 22/27 | €155,406 | €140,108 | -€15,298 | -9.8% |
| Land and buildings | 22 | €84,087 | €77,012 | -€7,075 | -8.4% |
| Plant, machinery and equipment | 23 | €71,320 | €63,096 | -€8,223 | -11.5% |
| Current assets | 29/58 | €159,424 | €305,207 | +€145,782 | +91.4% |
| Amounts receivable within one year | 40/41 | €34,907 | €184,005 | +€149,098 | +427.1% |
| Trade receivables | 40 | €32,093 | €161,883 | +€129,790 | +404.4% |
| Other amounts receivable | 41 | €2,814 | €22,122 | +€19,308 | +686.1% |
| Cash at bank and in hand | 54/58 | €124,518 | €121,202 | -€3,316 | -2.7% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €314,831 | €445,315 | +€130,485 | +41.4% |
| Equity | 10/15 | €288,405 | €401,831 | +€113,426 | +39.3% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €222,300 | €335,400 | +€113,100 | +50.9% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €5,200 | €5,200 | = | 0.0% |
| Distributable reserves | 133 | €210,900 | €324,000 | +€113,100 | +53.6% |
| Profit (loss) carried forward | 14 | €4,105 | €4,431 | +€326 | +7.9% |
| Amounts payable | 17/49 | €26,426 | €43,484 | +€17,059 | +64.6% |
| Amounts payable within one year | 42/48 | €26,426 | €43,484 | +€17,059 | +64.6% |
| Trade debts | 44 | €761 | €2,550 | +€1,789 | +235.1% |
| Suppliers | 440/4 | €761 | €2,550 | +€1,789 | +235.1% |
| Taxes, remuneration and social security | 45 | €2,847 | €12,965 | +€10,118 | +355.4% |
| Taxes | 450/3 | €2,067 | €11,976 | +€9,909 | +479.4% |
| Remuneration and social security | 454/9 | €780 | €989 | +€209 | +26.8% |
| Other amounts payable | 47/48 | €22,818 | €27,970 | +€5,151 | +22.6% |
| Remuneration, social security and pensions | 62 | €28,436 | €34,022 | +€5,586 | +19.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,298 | €15,298 | = | 0.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €2,625 | €1,313 | -€1,313 | -50.0% |
| Other operating charges | 640/8 | €1,536 | €1,582 | +€46 | +3.0% |
| Gross operating margin | 9900 | €72,985 | €220,621 | +€147,635 | +202.3% |
| Operating profit (loss) | 9901 | €25,090 | €168,405 | +€143,315 | +571.2% |
| Financial charges | 65/66B | €1,614 | €1,924 | +€310 | +19.2% |
| Recurring financial charges | 65 | €1,614 | €1,744 | +€130 | +8.0% |
| Non-recurring financial charges | 66B | €0 | €180 | +€180 | +900400.0% |
| Profit (loss) for the period before taxes | 9903 | €23,476 | €166,481 | +€143,005 | +609.2% |
| Income taxes | 67/77 | €7,567 | €53,055 | +€45,489 | +601.2% |
| Profit (loss) for the period | 9904 | €15,910 | €113,426 | +€97,516 | +612.9% |
| Profit (loss) for the period to be appropriated | 9905 | €15,910 | €113,426 | +€97,516 | +612.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.