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APP CONNECT: what changed

Two fiscal 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

APP CONNECT

BE 0507.851.319
fiscal year 2021 against 2022filed annual accounts (NBB)
Net result for the year
-€3,104
2021 · -€2,276-€828
Equity
-€15,170
2021 · -€12,066-€3,104
Cash
€4
2021 · €54-€50
Balance sheet total
€4
2021 · €54-€50

Largest movements

2021 to 2022
Assets
  • Cash -€50

    down €50 (-91.8%), from €54 to €4

    mainly Net result for the year (-€3,104) and Trade debts (-€1,930)

Equity and liabilities
  • Other debts +€4,984

    up €4,984 (+53.7%), from €9,283 to €14,267

  • Profit (loss) carried forward -€3,104

    down €3,104 (-17.0%), from -€18,266 to -€21,370

  • Trade debts -€1,930

    down €1,930 (-68.0%), from €2,837 to €908

Income statement
  • Gross operating margin -€950

    down €950 (-42.6%), from -€2,227 to -€3,177

  • Financial income +€73

    new in 2022: €73

  • Financial charges -€48

    no longer reported in 2022 (was €48)

From the 2021 result to the 2022 result

effect on the 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 2021 -€2,276
Gross operating margin -€950
Financial income +€73
Financial charges +€48
Result 2022 -€3,104

Cash bridge derived

cash 2021 to 2022

Derived from the 2021 and 2022 balance sheets and the 2022 result: not a filed cash-flow statement. It shows where the money came from and went.

From operations -€50
Investment €0
Financing €0
Cash 2021 €54
Net result for the year -€3,104
Trade debts -€1,930
Other debts +€4,984
Cash 2022 €4
Every line side by side 21 lines
Line Code 2021 2022 Change %
Total assets 20/58 €54 €4 -€50 -91.8%
Current assets 29/58 €54 €4 -€50 -91.8%
Cash at bank and in hand 54/58 €54 €4 -€50 -91.8%
Total equity and liabilities 10/49 €54 €4 -€50 -91.8%
Equity 10/15 -€12,066 -€15,170 -€3,104 -25.7%
Contributions 10/11 €6,200 €6,200 = 0.0%
Profit (loss) carried forward 14 -€18,266 -€21,370 -€3,104 -17.0%
Amounts payable 17/49 €12,121 €15,175 +€3,054 +25.2%
Amounts payable within one year 42/48 €12,121 €15,175 +€3,054 +25.2%
Trade debts 44 €2,837 €908 -€1,930 -68.0%
Suppliers 440/4 €2,837 €908 -€1,930 -68.0%
Other amounts payable 47/48 €9,283 €14,267 +€4,984 +53.7%
Gross operating margin 9900 -€2,227 -€3,177 -€950 -42.6%
Operating profit (loss) 9901 -€2,227 -€3,177 -€950 -42.6%
Financial income 75/76B - €73 +€73
Recurring financial income 75 - €73 +€73
Financial charges 65/66B €48 - -€48
Recurring financial charges 65 €48 - -€48
Profit (loss) for the period before taxes 9903 -€2,276 -€3,104 -€828 -36.4%
Profit (loss) for the period 9904 -€2,276 -€3,104 -€828 -36.4%
Profit (loss) for the period to be appropriated 9905 -€2,276 -€3,104 -€828 -36.4%

Source: filed annual accounts (NBB), fiscal years ended 31 December 2021 and 31 December 2022. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.