IAPTC: 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.
IAPTC
Largest movements
- Cash +€6,302
up €6,302 (+143.4%), from €4,393 to €10,695
mainly Net result for the year (+€8,520) and Other debts (+€1,303)
- Tangible fixed assets +€509
new in 2025: €509
- Formation expenses -€204
no longer reported in 2025 (was €204)
- Receivables within one year +€196
up €196 (+114.2%), from €172 to €368
- Profit (loss) carried forward +€8,520
up €8,520, from -€6,959 to €1,561
- Tax, wage and social debts -€1,865
down €1,865 (-24.6%), from €7,573 to €5,708
of which Remuneration and social security: -€5,000
- Other debts +€1,303
new in 2025: €1,303
- Trade debts -€1,155
no longer reported in 2025 (was €1,155)
- Gross operating margin +€17,005
up €17,005, from -€5,998 to €11,008
- Taxes +€1,508
new in 2025: €1,508
- Depreciation -€528
down €528 (-54.9%), from €962 to €434
- Other operating charges +€295
new in 2025: €295
- Financial charges +€251
new in 2025: €251
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 | €4,769 | €11,571 | +€6,803 | +142.6% |
| Formation expenses | 20 | €204 | - | -€204 | |
| Fixed assets | 21/28 | - | €509 | +€509 | |
| Tangible fixed assets | 22/27 | - | €509 | +€509 | |
| Plant, machinery and equipment | 23 | - | €509 | +€509 | |
| Current assets | 29/58 | €4,565 | €11,063 | +€6,498 | +142.3% |
| Amounts receivable within one year | 40/41 | €172 | €368 | +€196 | +114.2% |
| Other amounts receivable | 41 | €172 | €368 | +€196 | +114.2% |
| Cash at bank and in hand | 54/58 | €4,393 | €10,695 | +€6,302 | +143.4% |
| Total equity and liabilities | 10/49 | €4,769 | €11,571 | +€6,803 | +142.6% |
| Equity | 10/15 | -€3,959 | €4,561 | +€8,520 | |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€6,959 | €1,561 | +€8,520 | |
| Amounts payable | 17/49 | €8,728 | €7,010 | -€1,718 | -19.7% |
| Amounts payable within one year | 42/48 | €8,728 | €7,010 | -€1,718 | -19.7% |
| Trade debts | 44 | €1,155 | - | -€1,155 | |
| Suppliers | 440/4 | €1,155 | - | -€1,155 | |
| Taxes, remuneration and social security | 45 | €7,573 | €5,708 | -€1,865 | -24.6% |
| Taxes | 450/3 | €2,573 | €5,708 | +€3,135 | +121.8% |
| Remuneration and social security | 454/9 | €5,000 | - | -€5,000 | |
| Other amounts payable | 47/48 | - | €1,303 | +€1,303 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €962 | €434 | -€528 | -54.9% |
| Other operating charges | 640/8 | - | €295 | +€295 | |
| Gross operating margin | 9900 | -€5,998 | €11,008 | +€17,005 | |
| Operating profit (loss) | 9901 | -€6,959 | €10,279 | +€17,239 | |
| Financial charges | 65/66B | - | €251 | +€251 | |
| Recurring financial charges | 65 | - | €251 | +€251 | |
| Profit (loss) for the period before taxes | 9903 | -€6,959 | €10,028 | +€16,988 | |
| Income taxes | 67/77 | - | €1,508 | +€1,508 | |
| Profit (loss) for the period | 9904 | -€6,959 | €8,520 | +€15,480 | |
| Profit (loss) for the period to be appropriated | 9905 | -€6,959 | €8,520 | +€15,480 |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.