APPRO-TECHNO: 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.
What changed
APPRO-TECHNO
NACE 46.620, Wholesale of machine tools
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€96,229
2024 · -€229,869+€133,641
Equity
€17,233
2024 · -€52,738+€69,971
Cash
€8,964
2024 · €12,322-€3,357
Balance sheet total
€589,967
2024 · €677,192-€87,224
Largest movements
Assets
- Stocks and contracts -€123,587
down €123,587 (-30.7%), from €402,410 to €278,823
of which Contracts in progress: -€102,081
- Receivables within one year +€93,580
up €93,580 (+183%), from €51,104 to €144,684
of which Trade receivables: +€95,487
- Tangible fixed assets -€57,243
down €57,243 (-27.1%), from €211,061 to €153,818
Equity and liabilities
- Contributions +€166,200
up €166,200 (+62.9%), from €264,120 to €430,320
- Provisions -€105,430
no longer reported in 2025 (was €105,430)
- Profit (loss) carried forward -€96,229
down €96,229 (-30.4%), from -€316,858 to -€413,087
- Short-term financial debts -€31,496
no longer reported in 2025 (was €31,496)
- Trade debts +€22,499
up €22,499 (+42.2%), from €53,336 to €75,835
Income statement
- Gross operating margin +€150,985
up €150,985, from -€11,038 to €139,947
- Write-downs +€21,375
new in 2025: €21,375
- Staff costs -€10,725
down €10,725 (-7.0%), from €152,723 to €141,998
- Financial income -€5,782
no longer reported in 2025 (was €5,782)
- Depreciation +€2,505
up €2,505 (+4.5%), from €56,038 to €58,543
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.
Result 2024
-€229,869
Gross operating margin
+€150,985
Staff costs
+€10,725
Depreciation
-€2,505
Write-downs
-€21,375
Other operating charges
-€235
Financial income
-€5,782
Financial charges
+€1,835
Taxes
-€7
Result 2025
-€96,229
raises the resultlowers the result
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.
From operations
-€102,098
Investment
-€1,300
Financing
+€100,040
Cash 2024
€12,322
From operations (derived)
-€102,098
Net result for the year
-€96,229
Depreciation
+€58,543
Stocks and contracts
+€123,587
Receivables within one year
-€93,580
Deferred charges and accrued income
-€3,384
Provisions
-€105,430
Trade debts
+€22,499
Tax, wage and social debts
-€3,837
Other debts
-€2,501
Accrued charges and deferred income
-€1,767
Investment (derived)
-€1,300
Investment in fixed assets (net)
-€1,300
Current investments
+€0
Financing
+€100,040
Debts after one year
-€20,431
Current portion of long-term debt
-€14,232
Short-term financial debts
-€31,496
Contributions, distributions and other
+€166,200
Cash 2025
€8,964
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €677,192 | €589,967 | -€87,224 | -12.9% |
| Fixed assets | 21/28 | €211,061 | €153,818 | -€57,243 | -27.1% |
| Tangible fixed assets | 22/27 | €211,061 | €153,818 | -€57,243 | -27.1% |
| Land and buildings | 22 | €114,892 | €99,920 | -€14,973 | -13.0% |
| Plant, machinery and equipment | 23 | €32,123 | €9,946 | -€22,177 | -69.0% |
| Furniture and vehicles | 24 | €37,403 | €26,191 | -€11,213 | -30.0% |
| Leasing and similar rights | 25 | €26,643 | €17,762 | -€8,881 | -33.3% |
| Current assets | 29/58 | €466,131 | €436,150 | -€29,981 | -6.4% |
| Stocks and contracts in progress | 3 | €402,410 | €278,823 | -€123,587 | -30.7% |
| Stocks | 30/36 | €300,329 | €278,823 | -€21,506 | -7.2% |
| Contracts in progress | 37 | €102,081 | - | -€102,081 | |
| Amounts receivable within one year | 40/41 | €51,104 | €144,684 | +€93,580 | +183% |
| Trade receivables | 40 | €40,604 | €136,091 | +€95,487 | +235% |
| Other amounts receivable | 41 | €10,500 | €8,593 | -€1,906 | -18.2% |
| Current investments | 50/53 | €67 | €67 | -€0 | -0.2% |
| Cash at bank and in hand | 54/58 | €12,322 | €8,964 | -€3,357 | -27.2% |
| Deferred charges and accrued income | 490/1 | €227 | €3,611 | +€3,384 | +1,489% |
| Total equity and liabilities | 10/49 | €677,192 | €589,967 | -€87,224 | -12.9% |
| Equity | 10/15 | -€52,738 | €17,233 | +€69,971 | |
| Contributions | 10/11 | €264,120 | €430,320 | +€166,200 | +62.9% |
| Profit (loss) carried forward | 14 | -€316,858 | -€413,087 | -€96,229 | -30.4% |
| Provisions and deferred taxes | 16 | €105,430 | - | -€105,430 | |
| Provisions for liabilities and charges | 160/5 | €105,430 | - | -€105,430 | |
| Pensions and similar obligations | 160 | €105,430 | - | -€105,430 | |
| Amounts payable | 17/49 | €624,499 | €572,735 | -€51,765 | -8.3% |
| Amounts payable after more than one year | 17 | €455,266 | €434,834 | -€20,431 | -4.5% |
| Financial debts | 170/4 | €58,266 | €37,834 | -€20,431 | -35.1% |
| Other amounts payable | 178/9 | €397,000 | €397,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €166,028 | €136,461 | -€29,567 | -17.8% |
| Current portion of amounts payable after more than one year | 42 | €34,664 | €20,431 | -€14,232 | -41.1% |
| Financial debts | 43 | €31,496 | - | -€31,496 | |
| Credit institutions | 430/8 | €31,496 | - | -€31,496 | |
| Trade debts | 44 | €53,336 | €75,835 | +€22,499 | +42.2% |
| Suppliers | 440/4 | €53,336 | €75,835 | +€22,499 | +42.2% |
| Advances received on contracts in progress | 46 | €12,540 | €12,540 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €22,805 | €18,968 | -€3,837 | -16.8% |
| Taxes | 450/3 | €137 | €141 | +€4 | +3.1% |
| Remuneration and social security | 454/9 | €22,668 | €18,827 | -€3,841 | -16.9% |
| Other amounts payable | 47/48 | €11,187 | €8,687 | -€2,501 | -22.4% |
| Accrued charges and deferred income | 492/3 | €3,206 | €1,439 | -€1,767 | -55.1% |
| Non-recurring operating income | 76A | - | €107,978 | +€107,978 | |
| Remuneration, social security and pensions | 62 | €152,723 | €141,998 | -€10,725 | -7.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €56,038 | €58,543 | +€2,505 | +4.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €21,375 | +€21,375 | |
| Other operating charges | 640/8 | €6,286 | €6,521 | +€235 | +3.7% |
| Gross operating margin | 9900 | -€11,038 | €139,947 | +€150,985 | |
| Operating profit (loss) | 9901 | -€226,086 | -€88,491 | +€137,594 | +60.9% |
| Financial income | 75/76B | €5,782 | - | -€5,782 | |
| Recurring financial income | 75 | €5,782 | - | -€5,782 | |
| Financial charges | 65/66B | €9,429 | €7,594 | -€1,835 | -19.5% |
| Recurring financial charges | 65 | €9,429 | €7,594 | -€1,835 | -19.5% |
| Profit (loss) for the period before taxes | 9903 | -€229,733 | -€96,085 | +€133,648 | +58.2% |
| Income taxes | 67/77 | €137 | €144 | +€7 | +5.2% |
| Profit (loss) for the period | 9904 | -€229,869 | -€96,229 | +€133,641 | +58.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€229,869 | -€96,229 | +€133,641 | +58.1% |
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 19 October 2026 via checked.be.