Apalone: 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.
Apalone
Largest movements
- Cash -€12,007
down €12,007 (-36.9%), from €32,497 to €20,490
mainly Net result for the year (-€26,529) and Other debts (-€1,464)
- Tangible fixed assets -€7,428
down €7,428 (-39.8%), from €18,684 to €11,256
of which Furniture and vehicles: -€4,846
- Receivables within one year -€3,001
down €3,001 (-15.6%), from €19,263 to €16,262
- Profit (loss) carried forward -€26,529
down €26,529 (-95.1%), from €27,902 to €1,373
- Trade debts +€6,908
up €6,908 (+34.2%), from €20,199 to €27,107
- Other debts -€1,464
down €1,464 (-76.7%), from €1,908 to €445
- Tax, wage and social debts -€1,255
down €1,255 (-8.6%), from €14,657 to €13,402
of which Remuneration and social security: -€3,800
- Gross operating margin -€37,177
down €37,177, from €18,787 to -€18,390
- Taxes -€4,061
down €4,061 (-94.9%), from €4,279 to €218
- Financial charges +€1,975
up €1,975 (+791%), from €250 to €2,225
- Depreciation +€596
up €596 (+19.0%), from €3,136 to €3,732
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €77,308 | €54,910 | -€22,398 | -29.0% |
| Fixed assets | 21/28 | €18,684 | €11,256 | -€7,428 | -39.8% |
| Tangible fixed assets | 22/27 | €18,684 | €11,256 | -€7,428 | -39.8% |
| Plant, machinery and equipment | 23 | €11,832 | €9,249 | -€2,582 | -21.8% |
| Furniture and vehicles | 24 | €6,852 | €2,006 | -€4,846 | -70.7% |
| Current assets | 29/58 | €58,624 | €43,654 | -€14,970 | -25.5% |
| Amounts receivable within one year | 40/41 | €19,263 | €16,262 | -€3,001 | -15.6% |
| Trade receivables | 40 | €19,263 | €16,262 | -€3,001 | -15.6% |
| Current investments | 50/53 | €1,000 | €1,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €32,497 | €20,490 | -€12,007 | -36.9% |
| Deferred charges and accrued income | 490/1 | €5,864 | €5,902 | +€38 | +0.6% |
| Total equity and liabilities | 10/49 | €77,308 | €54,910 | -€22,398 | -29.0% |
| Equity | 10/15 | €40,460 | €13,931 | -€26,529 | -65.6% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €157 | €157 | = | 0.0% |
| Non-distributable reserves | 130/1 | €157 | - | -€157 | |
| Reserves not available under the articles | 1311 | €157 | - | -€157 | |
| Distributable reserves | 133 | - | €157 | +€157 | |
| Profit (loss) carried forward | 14 | €27,902 | €1,373 | -€26,529 | -95.1% |
| Amounts payable | 17/49 | €36,848 | €40,979 | +€4,131 | +11.2% |
| Amounts payable within one year | 42/48 | €36,848 | €40,979 | +€4,131 | +11.2% |
| Financial debts | 43 | €83 | €25 | -€58 | -69.9% |
| Credit institutions | 430/8 | €83 | €25 | -€58 | -69.9% |
| Trade debts | 44 | €20,199 | €27,107 | +€6,908 | +34.2% |
| Suppliers | 440/4 | €20,199 | €27,107 | +€6,908 | +34.2% |
| Taxes, remuneration and social security | 45 | €14,657 | €13,402 | -€1,255 | -8.6% |
| Taxes | 450/3 | €10,857 | €13,402 | +€2,545 | +23.4% |
| Remuneration and social security | 454/9 | €3,800 | - | -€3,800 | |
| Other amounts payable | 47/48 | €1,908 | €445 | -€1,464 | -76.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,136 | €3,732 | +€596 | +19.0% |
| Other operating charges | 640/8 | €429 | €582 | +€153 | +35.6% |
| Non-recurring operating charges | 66A | - | €1,382 | +€1,382 | |
| Gross operating margin | 9900 | €18,787 | -€18,390 | -€37,177 | |
| Operating profit (loss) | 9901 | €15,221 | -€24,086 | -€39,307 | |
| Financial charges | 65/66B | €250 | €2,225 | +€1,975 | +791% |
| Recurring financial charges | 65 | €250 | €2,225 | +€1,975 | +791% |
| Profit (loss) for the period before taxes | 9903 | €14,972 | -€26,311 | -€41,283 | |
| Income taxes | 67/77 | €4,279 | €218 | -€4,061 | -94.9% |
| Profit (loss) for the period | 9904 | €10,692 | -€26,529 | -€37,221 | |
| Profit (loss) for the period to be appropriated | 9905 | €10,692 | -€26,529 | -€37,221 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.