IMMO APOLLONIA: 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.
IMMO APOLLONIA
Largest movements
- Current investments -€125,000
down €125,000 (-62.5%), from €200,000 to €75,000
- Tangible fixed assets -€103,309
down €103,309 (-4.8%), from €2.1m to €2.0m
of which Land and buildings: -€102,343
- Receivables within one year +€56,367
up €56,367 (+28.7%), from €196,343 to €252,710
of which Other amounts receivable: +€34,131
- Cash -€45,049
down €45,049 (-26.9%), from €167,255 to €122,206
mainly Contributions, distributions and other (-€402,000) and Debts after one year (-€281,037)
- Debts after one year -€281,037
down €281,037 (-23.3%), from €1.2m to €927,487
- Other debts +€48,393
up €48,393 (+16.5%), from €292,905 to €341,298
No income-statement line moved by more than 1% of the activity.
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 | €2,717,301 | €2,500,343 | -€216,958 | -8.0% |
| Fixed assets | 21/28 | €2,149,959 | €2,046,650 | -€103,309 | -4.8% |
| Tangible fixed assets | 22/27 | €2,149,959 | €2,046,650 | -€103,309 | -4.8% |
| Land and buildings | 22 | €2,122,080 | €2,019,737 | -€102,343 | -4.8% |
| Plant, machinery and equipment | 23 | €27,879 | €26,913 | -€966 | -3.5% |
| Current assets | 29/58 | €567,342 | €453,693 | -€113,649 | -20.0% |
| Amounts receivable within one year | 40/41 | €196,343 | €252,710 | +€56,367 | +28.7% |
| Trade receivables | 40 | €21,104 | €43,340 | +€22,236 | +105% |
| Other amounts receivable | 41 | €175,239 | €209,370 | +€34,131 | +19.5% |
| Current investments | 50/53 | €200,000 | €75,000 | -€125,000 | -62.5% |
| Cash at bank and in hand | 54/58 | €167,255 | €122,206 | -€45,049 | -26.9% |
| Deferred charges and accrued income | 490/1 | €3,744 | €3,777 | +€34 | +0.9% |
| Total equity and liabilities | 10/49 | €2,717,301 | €2,500,343 | -€216,958 | -8.0% |
| Equity | 10/15 | €853,869 | €854,721 | +€852 | +0.1% |
| Contributions | 10/11 | €285,938 | €285,938 | = | 0.0% |
| Capital | 10 | €285,938 | €285,938 | = | 0.0% |
| Issued capital | 100 | €750,000 | €750,000 | = | 0.0% |
| Uncalled capital | 101 | €464,063 | €464,063 | = | 0.0% |
| Reserves | 13 | €567,932 | €568,783 | +€852 | +0.1% |
| Non-distributable reserves | 130/1 | €75,000 | €75,000 | = | 0.0% |
| Legal reserve | 130 | €75,000 | €75,000 | = | 0.0% |
| Distributable reserves | 133 | €492,932 | €493,783 | +€852 | +0.2% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €1,863,432 | €1,645,622 | -€217,810 | -11.7% |
| Amounts payable after more than one year | 17 | €1,208,524 | €927,487 | -€281,037 | -23.3% |
| Financial debts | 170/4 | €1,208,524 | €927,487 | -€281,037 | -23.3% |
| Amounts payable within one year | 42/48 | €633,013 | €696,240 | +€63,227 | +10.0% |
| Current portion of amounts payable after more than one year | 42 | €273,207 | €281,037 | +€7,830 | +2.9% |
| Trade debts | 44 | €320 | €1,482 | +€1,162 | +363% |
| Suppliers | 440/4 | €320 | €1,482 | +€1,162 | +363% |
| Taxes, remuneration and social security | 45 | €66,580 | €72,423 | +€5,842 | +8.8% |
| Taxes | 450/3 | €66,580 | €72,423 | +€5,842 | +8.8% |
| Other amounts payable | 47/48 | €292,905 | €341,298 | +€48,393 | +16.5% |
| Accrued charges and deferred income | 492/3 | €21,895 | €21,895 | +€0 | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €115,892 | €116,785 | +€893 | +0.8% |
| Other operating charges | 640/8 | €3,357 | €1,293 | -€2,065 | -61.5% |
| Gross operating margin | 9900 | €680,833 | €677,345 | -€3,487 | -0.5% |
| Operating profit (loss) | 9901 | €561,583 | €559,268 | -€2,315 | -0.4% |
| Financial income | 75/76B | €12,663 | €7,463 | -€5,200 | -41.1% |
| Recurring financial income | 75 | €12,663 | €7,463 | -€5,200 | -41.1% |
| Financial charges | 65/66B | €28,561 | €29,596 | +€1,034 | +3.6% |
| Recurring financial charges | 65 | €28,561 | €29,596 | +€1,034 | +3.6% |
| Profit (loss) for the period before taxes | 9903 | €545,685 | €537,135 | -€8,549 | -1.6% |
| Income taxes | 67/77 | €136,579 | €134,284 | -€2,295 | -1.7% |
| Profit (loss) for the period | 9904 | €409,105 | €402,852 | -€6,254 | -1.5% |
| Profit (loss) for the period to be appropriated | 9905 | €409,105 | €402,852 | -€6,254 | -1.5% |
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 23 October 2026 via checked.be.