L’Aperrytif: what changed
L’Aperrytif
Largest movements
- Cash +€34,811
up €34,811 (+34.1%), from €102,158 to €136,969
mainly Net result for the year (+€82,864) and Depreciation (+€37,112)
- Tangible fixed assets -€16,596
down €16,596 (-4.8%), from €343,077 to €326,481
of which Land and buildings: -€13,897
- Intangible fixed assets -€5,167
no longer reported in 2025 (was €5,167)
- Reserves +€82,864
up €82,864 (+372%), from €22,305 to €105,169
- Other debts -€78,525
down €78,525 (-32.7%), from €239,960 to €161,435
- Tax, wage and social debts +€25,672
up €25,672 (+51.8%), from €49,550 to €75,222
of which Taxes: +€23,087
- Trade debts -€10,607
down €10,607 (-39.7%), from €26,698 to €16,091
- Turnover -€905,693
no longer reported in 2025 (was €905,693)
- Purchases and services -€491,009
no longer reported in 2025 (was €491,009)
- Gross operating margin +€26,841
up €26,841 (+6.5%), from €416,020 to €442,861
- Taxes +€18,806
up €18,806 (+151%), from €12,448 to €31,254
- Staff costs +€10,006
up €10,006 (+3.5%), from €284,296 to €294,302
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €474,713 | €494,117 | +€19,404 | +4.1% |
| Fixed assets | 21/28 | €350,376 | €329,860 | -€20,516 | -5.9% |
| Intangible fixed assets | 21 | €5,167 | - | -€5,167 | |
| Tangible fixed assets | 22/27 | €343,077 | €326,481 | -€16,596 | -4.8% |
| Land and buildings | 22 | €283,796 | €269,899 | -€13,897 | -4.9% |
| Plant, machinery and equipment | 23 | €5,044 | €3,504 | -€1,540 | -30.5% |
| Furniture and vehicles | 24 | €32,340 | €23,916 | -€8,424 | -26.0% |
| Other tangible fixed assets | 26 | €21,897 | €29,162 | +€7,265 | +33.2% |
| Financial fixed assets | 28 | €2,132 | €3,379 | +€1,247 | +58.5% |
| Current assets | 29/58 | €124,337 | €164,257 | +€39,920 | +32.1% |
| Stocks and contracts in progress | 3 | €17,233 | €22,106 | +€4,873 | +28.3% |
| Stocks | 30/36 | €17,233 | €22,106 | +€4,873 | +28.3% |
| Amounts receivable within one year | 40/41 | €4,285 | €4,343 | +€58 | +1.4% |
| Trade receivables | 40 | €4,285 | €4,343 | +€58 | +1.4% |
| Cash at bank and in hand | 54/58 | €102,158 | €136,969 | +€34,811 | +34.1% |
| Deferred charges and accrued income | 490/1 | €661 | €839 | +€178 | +26.9% |
| Total equity and liabilities | 10/49 | €474,713 | €494,117 | +€19,404 | +4.1% |
| Equity | 10/15 | €158,505 | €241,369 | +€82,864 | +52.3% |
| Contributions | 10/11 | €136,200 | €136,200 | = | 0.0% |
| Capital | 10 | €136,200 | €136,200 | = | 0.0% |
| Issued capital | 100 | €148,600 | €148,600 | = | 0.0% |
| Uncalled capital | 101 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €22,305 | €105,169 | +€82,864 | +372% |
| Distributable reserves | 133 | €22,305 | €105,169 | +€82,864 | +372% |
| Amounts payable | 17/49 | €316,208 | €252,748 | -€63,460 | -20.1% |
| Amounts payable within one year | 42/48 | €316,208 | €252,748 | -€63,460 | -20.1% |
| Trade debts | 44 | €26,698 | €16,091 | -€10,607 | -39.7% |
| Suppliers | 440/4 | €26,698 | €16,091 | -€10,607 | -39.7% |
| Taxes, remuneration and social security | 45 | €49,550 | €75,222 | +€25,672 | +51.8% |
| Taxes | 450/3 | €18,555 | €41,642 | +€23,087 | +124% |
| Remuneration and social security | 454/9 | €30,995 | €33,580 | +€2,585 | +8.3% |
| Other amounts payable | 47/48 | €239,960 | €161,435 | -€78,525 | -32.7% |
| Turnover | 70 | €905,693 | - | -€905,693 | |
| Goods, raw materials, services and sundry goods | 60/61 | €491,009 | - | -€491,009 | |
| Remuneration, social security and pensions | 62 | €284,296 | €294,302 | +€10,006 | +3.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €38,768 | €37,112 | -€1,656 | -4.3% |
| Other operating charges | 640/8 | €5,965 | €4,680 | -€1,285 | -21.5% |
| Gross operating margin | 9900 | €416,020 | €442,861 | +€26,841 | +6.5% |
| Operating profit (loss) | 9901 | €86,991 | €106,767 | +€19,776 | +22.7% |
| Financial income | 75/76B | €4,111 | €10,065 | +€5,954 | +145% |
| Recurring financial income | 75 | €3 | €20 | +€17 | +567% |
| Non-recurring financial income | 76B | €4,108 | €10,045 | +€5,937 | +145% |
| Financial charges | 65/66B | €2,527 | €2,714 | +€187 | +7.4% |
| Recurring financial charges | 65 | €2,527 | €2,714 | +€187 | +7.4% |
| Profit (loss) for the period before taxes | 9903 | €88,575 | €114,118 | +€25,543 | +28.8% |
| Income taxes | 67/77 | €12,448 | €31,254 | +€18,806 | +151% |
| Profit (loss) for the period | 9904 | €76,127 | €82,864 | +€6,737 | +8.8% |
| Profit (loss) for the period to be appropriated | 9905 | €76,127 | €82,864 | +€6,737 | +8.8% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.