L'Appart FX: 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.
L'Appart FX
Largest movements
- Tangible fixed assets +€560,501
new in 2025: €560,501
- Receivables within one year -€10,370
down €10,370 (-83.9%), from €12,357 to €1,987
of which Trade receivables: -€7,271
- Cash +€9,824
up €9,824 (+836%), from €1,175 to €10,999
mainly Debts after one year (+€515,716) and Trade debts (+€81,003)
- Debts after one year +€515,716
new in 2025: €515,716
- Trade debts +€81,003
new in 2025: €81,003
of which Bills of exchange payable: +€76,517
- Profit (loss) carried forward -€36,336
down €36,336 (-562%), from -€6,468 to -€42,804
- Purchases and services +€33,447
up €33,447 (+1,934%), from €1,730 to €35,176
- Gross operating margin -€26,247
down €26,247 (-1,517%), from -€1,730 to -€27,976
- Financial charges +€7,507
up €7,507 (+13,897%), from €54 to €7,561
- Turnover +€7,200
new in 2025: €7,200
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 | €13,532 | €573,915 | +€560,384 | +4,141% |
| Fixed assets | 21/28 | - | €560,501 | +€560,501 | |
| Tangible fixed assets | 22/27 | - | €560,501 | +€560,501 | |
| Land and buildings | 22 | - | €560,501 | +€560,501 | |
| Current assets | 29/58 | €13,532 | €13,414 | -€118 | -0.9% |
| Amounts receivable within one year | 40/41 | €12,357 | €1,987 | -€10,370 | -83.9% |
| Trade receivables | 40 | €7,271 | - | -€7,271 | |
| Other amounts receivable | 41 | €5,086 | €1,987 | -€3,099 | -60.9% |
| Cash at bank and in hand | 54/58 | €1,175 | €10,999 | +€9,824 | +836% |
| Deferred charges and accrued income | 490/1 | - | €428 | +€428 | |
| Total equity and liabilities | 10/49 | €13,532 | €573,915 | +€560,384 | +4,141% |
| Equity | 10/15 | €13,532 | -€22,804 | -€36,336 | |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€6,468 | -€42,804 | -€36,336 | -562% |
| Amounts payable | 17/49 | - | €596,719 | +€596,719 | |
| Amounts payable after more than one year | 17 | - | €515,716 | +€515,716 | |
| Financial debts | 170/4 | - | €515,716 | +€515,716 | |
| Amounts payable within one year | 42/48 | - | €81,003 | +€81,003 | |
| Trade debts | 44 | - | €81,003 | +€81,003 | |
| Suppliers | 440/4 | - | €4,487 | +€4,487 | |
| Bills of exchange payable | 441 | - | €76,517 | +€76,517 | |
| Turnover | 70 | - | €7,200 | +€7,200 | |
| Goods, raw materials, services and sundry goods | 60/61 | €1,730 | €35,176 | +€33,447 | +1,934% |
| Other operating charges | 640/8 | €775 | €798 | +€23 | +3.0% |
| Gross operating margin | 9900 | -€1,730 | -€27,976 | -€26,247 | -1,517% |
| Operating profit (loss) | 9901 | -€2,504 | -€28,774 | -€26,270 | -1,049% |
| Financial charges | 65/66B | €54 | €7,561 | +€7,507 | +13,897% |
| Recurring financial charges | 65 | €54 | €7,561 | +€7,507 | +13,897% |
| Profit (loss) for the period before taxes | 9903 | -€2,558 | -€36,336 | -€33,777 | -1,320% |
| Profit (loss) for the period | 9904 | -€2,558 | -€36,336 | -€33,777 | -1,320% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,558 | -€36,336 | -€33,777 | -1,320% |
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 20 October 2026 via checked.be.