APR Engineering: 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.
APR Engineering
Largest movements
- Receivables within one year +€21,106
up €21,106 (+353%), from €5,973 to €27,079
of which Trade receivables: +€23,495
- Cash -€14,026
down €14,026 (-40.6%), from €34,509 to €20,483
mainly Receivables within one year (-€21,106) and Current investments (-€3,206)
- Current investments +€3,206
up €3,206 (+12.5%), from €25,628 to €28,835
- Deferred charges and accrued income -€2,228
down €2,228 (-82.9%), from €2,687 to €459
- Reserves +€4,844
up €4,844 (+15.4%), from €31,439 to €36,284
- Tax, wage and social debts +€2,421
new in 2025: €2,421
- Other debts +€1,632
up €1,632 (+7.6%), from €21,612 to €23,245
- Gross operating margin +€3,912
up €3,912 (+66.4%), from €5,891 to €9,803
- Financial income -€2,220
down €2,220 (-85.1%), from €2,608 to €388
- Taxes +€1,139
up €1,139 (+102%), from €1,119 to €2,257
- Financial charges +€581
up €581 (+100%), from €579 to €1,160
- Depreciation -€219
down €219 (-10.2%), from €2,149 to €1,930
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 | €71,888 | €80,500 | +€8,612 | +12.0% |
| Fixed assets | 21/28 | €3,091 | €3,645 | +€554 | +17.9% |
| Tangible fixed assets | 22/27 | €3,091 | €3,645 | +€554 | +17.9% |
| Plant, machinery and equipment | 23 | €2,444 | €3,645 | +€1,200 | +49.1% |
| Furniture and vehicles | 24 | €647 | - | -€647 | |
| Current assets | 29/58 | €68,797 | €76,855 | +€8,058 | +11.7% |
| Amounts receivable within one year | 40/41 | €5,973 | €27,079 | +€21,106 | +353% |
| Trade receivables | 40 | €2,125 | €25,619 | +€23,495 | +1,106% |
| Other amounts receivable | 41 | €3,848 | €1,459 | -€2,389 | -62.1% |
| Current investments | 50/53 | €25,628 | €28,835 | +€3,206 | +12.5% |
| Cash at bank and in hand | 54/58 | €34,509 | €20,483 | -€14,026 | -40.6% |
| Deferred charges and accrued income | 490/1 | €2,687 | €459 | -€2,228 | -82.9% |
| Total equity and liabilities | 10/49 | €71,888 | €80,500 | +€8,612 | +12.0% |
| Equity | 10/15 | €49,989 | €54,834 | +€4,844 | +9.7% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €31,439 | €36,284 | +€4,844 | +15.4% |
| Distributable reserves | 133 | €31,439 | €36,284 | +€4,844 | +15.4% |
| Amounts payable | 17/49 | €21,898 | €25,666 | +€3,767 | +17.2% |
| Amounts payable within one year | 42/48 | €21,898 | €25,666 | +€3,767 | +17.2% |
| Trade debts | 44 | €286 | - | -€286 | |
| Suppliers | 440/4 | €286 | - | -€286 | |
| Taxes, remuneration and social security | 45 | - | €2,421 | +€2,421 | |
| Taxes | 450/3 | - | €2,421 | +€2,421 | |
| Other amounts payable | 47/48 | €21,612 | €23,245 | +€1,632 | +7.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,149 | €1,930 | -€219 | -10.2% |
| Gross operating margin | 9900 | €5,891 | €9,803 | +€3,912 | +66.4% |
| Operating profit (loss) | 9901 | €3,742 | €7,873 | +€4,131 | +110% |
| Financial income | 75/76B | €2,608 | €388 | -€2,220 | -85.1% |
| Recurring financial income | 75 | €2,608 | €388 | -€2,220 | -85.1% |
| Financial charges | 65/66B | €579 | €1,160 | +€581 | +100% |
| Recurring financial charges | 65 | €579 | €1,160 | +€581 | +100% |
| Profit (loss) for the period before taxes | 9903 | €5,771 | €7,101 | +€1,330 | +23.0% |
| Income taxes | 67/77 | €1,119 | €2,257 | +€1,139 | +102% |
| Profit (loss) for the period | 9904 | €4,653 | €4,844 | +€192 | +4.1% |
| Profit (loss) for the period to be appropriated | 9905 | €4,653 | €4,844 | +€192 | +4.1% |
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 31 October 2026 via checked.be.