APPYTHINGS
InactiveFrom the official registers: KBO 7 annual accounts at the National Bank publications in the Belgian Official Gazette
Financials · financial year 2024, micro format
2024 annual accounts filed 50 days after the deadline Filed on 19 September 2025, deadline 31 July 2025 (7 months after the close on 31 December 2024, Companies Code art. 3:10). Source: NBB, 2025-00496010.
Latest annual accounts filed
Annual accounts 2024
- Financial year ended
- 31-12-2024
- Filed on
- 19-09-2025
- Format
- micro format
- Reference
- 2025-00496010
Turnover
€439,317▼ 44.1%
2022 · €786,005
EBIT margin
2.1%▼ 13.4pp
2022 · 15.5%
Net result
-€8,845
2023 · €6,321
Working capital
€59,891▼ 12.9%
2023 · €68,736
Trend over the years
2020 to 2024, 5 financial years 2018 to 2024, 7 financial years
The operating result for 2024 is a loss of €8,690, after a profit of €9,096 in 2023.
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Turnover€439,317
2023
Operating result-€8,690
2024
Net result-€8,845
2024
Assets, equity and debt per financial year.
Total assets€210,853
2024
Equity€59,891
2024
Debt€150,963
2024
Above zero, the company can pay its short-term debts with what it holds in the short term.
Working capital€59,891
2024
The EBIT margin is the share of each euro of turnover left from operations. The return on assets is what the assets earn.
EBIT margin2.1%
2023
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line2018201920202021202220232024
Turnover€262,616€786,005▲ 199%€439,317▼ 44.1%
Operating result€5,198--€69,192-€63,986▲ 7.5%€18,536€121,829▲ 557%€9,096▼ 92.5%-€8,690
Net result€3,468--€71,025-€66,611▲ 6.2%€15,814€119,269▲ 654%€6,321▼ 94.7%-€8,845
EBIT margin7.1%15.5%▲ 8.4pp2.1%▼ 13.4pp
Equity€64,968--€6,057-€72,668▼ 1,100%-€56,854▲ 21.8%€62,415€68,736▲ 10.1%€59,891▼ 12.9%
Total assets€245,387-€240,919▼ 1.8%€236,163▼ 2.0%€301,934▲ 27.8%€226,510▼ 25.0%€116,973▼ 48.4%€210,853▲ 80.3%
Debt€180,420-€246,976▲ 36.9%€308,831▲ 25.0%€358,787▲ 16.2%€164,095▼ 54.3%€48,238▼ 70.6%€150,963▲ 213%
Working capital€64,968--€6,057-€72,668▼ 1,100%-€56,854▲ 21.8%€62,415€68,736▲ 10.1%€59,891▼ 12.9%
Staff (FTE)0.1
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Equity and liabilities €210,853
Equity
€59,891 ▼ 12.9%
Debt
€150,963 ▲ 213%
Debt's share of the balance-sheet total rises from 41.2% to 71.6%. Equity is lower and debt is higher.
Key figures and ratios
Current ratio
1.40▼
2023 · 2.42
Debt to equity
2.52▲
2023 · 0.70
ROE
-14.8%▼
2023 · 9.2%
ROA
-4.2%▼
2023 · 5.4%
Debt ≤ 1 year
€150,963▲
2023 · €48,238
Staff costs
€32▼
2023 · €15,136
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Turnover70 | - | - | - | €262,616 | €786,005 | €439,317 | - | - |
| Goods, raw materials, services and sundry goods60/61 | - | - | - | €243,484 | €692,632 | €422,440 | - | - |
| Remuneration, social security and pensions62 | - | - | - | - | - | €15,136 | €32 | ▼ 99.8% |
| Other operating charges640/8 | - | - | - | €597 | €525 | €653 | €740 | ▲ 13.3% |
| Gross operating margin9900 | €36,214 | -€98,525 | -€63,391 | €19,133 | €122,353 | €24,886 | -€7,918 | - |
| Operating profit (loss)9901 | €5,198 | -€69,192 | -€63,986 | €18,536 | €121,829 | €9,096 | -€8,690 | - |
| Financial charges65/66B | - | - | - | €2,722 | €2,560 | €1,123 | €155 | ▼ 86.2% |
| Recurring financial charges65 | €184 | €1,832 | €2,625 | €2,722 | €2,560 | €1,123 | €155 | ▼ 86.2% |
| Profit (loss) for the period before taxes9903 | €5,014 | -€71,025 | -€66,611 | €15,814 | €119,269 | €7,972 | -€8,845 | - |
| Income taxes67/77 | €1,546 | - | - | - | - | €1,652 | - | - |
| Profit (loss) for the period9904 | €3,468 | -€71,025 | -€66,611 | €15,814 | €119,269 | €6,321 | -€8,845 | - |
| Profit (loss) for the period to be appropriated9905 | €3,468 | -€71,025 | -€66,611 | €15,814 | €119,269 | €6,321 | -€8,845 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €245,387 | €240,919 | €236,163 | €301,934 | €226,510 | €116,973 | €210,853 | ▲ 80.3% |
| Current assets29/58 | €245,387 | €240,919 | €236,163 | €301,934 | €226,510 | €116,973 | €210,853 | ▲ 80.3% |
| Amounts receivable within one year40/41 | €175,827 | €212,148 | €205,086 | €243,494 | €131,471 | €55,358 | - | - |
| Trade receivables40 | - | - | - | €243,494 | €131,471 | €55,358 | - | - |
| Cash at bank and in hand54/58 | €69,560 | €28,771 | €31,077 | €58,440 | €95,039 | €61,410 | €210,853 | ▲ 243% |
| Deferred charges and accrued income490/1 | - | - | - | - | - | €206 | - | - |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €245,387 | €240,919 | €236,163 | €301,934 | €226,510 | €116,973 | €210,853 | ▲ 80.3% |
| Equity10/15 | €64,968 | -€6,057 | -€72,668 | -€56,854 | €62,415 | €68,736 | €59,891 | ▼ 12.9% |
| Contributions10/11 | €61,500 | €61,500 | €61,500 | €61,500 | €61,500 | €61,500 | €61,500 | = |
| Capital10 | - | - | - | €61,500 | €61,500 | €61,500 | €61,500 | = |
| Issued capital100 | - | - | - | €61,500 | €61,500 | €61,500 | €61,500 | = |
| Reserves13 | €3,468 | €3,468 | €3,468 | €3,468 | €3,468 | €7,236 | €7,236 | = |
| Non-distributable reserves130/1 | - | - | - | €3,468 | €3,468 | €6,150 | €6,150 | = |
| Legal reserve130 | - | - | - | €3,468 | €3,468 | €6,150 | €6,150 | = |
| Distributable reserves133 | - | - | - | - | - | €1,086 | €1,086 | = |
| Profit (loss) carried forward14 | - | -€71,025 | -€137,636 | -€121,821 | -€2,553 | €0 | -€8,845 | - |
| Amounts payable17/49 | €180,420 | €246,976 | €308,831 | €358,787 | €164,095 | €48,238 | €150,963 | ▲ 213% |
| Amounts payable within one year42/48 | €180,420 | €246,976 | €308,831 | €358,787 | €164,095 | €48,238 | €150,963 | ▲ 213% |
| Trade debts44 | €148,708 | €161,718 | €220,302 | €262,312 | €106,705 | €44,250 | €104,723 | ▲ 137% |
| Suppliers440/4 | - | - | - | €262,312 | €106,705 | €44,250 | €104,723 | ▲ 137% |
| Taxes, remuneration and social security45 | - | - | - | €7,514 | €10,920 | €3,988 | €3,791 | ▼ 5.0% |
| Taxes450/3 | - | - | - | €7,514 | €10,920 | €3,988 | €3,791 | ▼ 5.0% |
| Other amounts payable47/48 | - | - | - | €88,961 | €46,470 | €0 | €42,449 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €3,468 | -€71,025 | -€66,611 | €15,814 | €119,269 | €6,321 | -€8,845 | - |
| Operating cash flow (approximation) | €3,468 | -€71,025 | -€66,611 | €15,814 | €119,269 | €6,321 | -€8,845 | - |
| Change in cash | - | -€40,789 | €2,306 | €27,363 | €36,599 | -€33,629 | €149,444 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Filings with the National Bank (7)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2024 | micro format | 19-09-2025 | 2025-00496010 | |
| 31-12-2023 | abbreviated format | 01-07-2024 | 2024-00187281 | |
| 31-12-2022 | abbreviated format | 10-07-2023 | 2023-00222817 | |
| 31-12-2021 | abbreviated format | 01-08-2022 | 2022-20254621 | |
| 31-12-2020 | abbreviated format | 23-07-2021 | 2021-39600217 | |
| 31-12-2019 | abbreviated format | 29-06-2020 | 2020-22400102 | |
| 31-12-2018 | abbreviated format | 02-07-2019 | 2019-28700069 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.