Appaya: 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.
Appaya
Largest movements
- Receivables within one year -€39,614
down €39,614 (-76.9%), from €51,481 to €11,867
of which Trade receivables: -€39,996
- Cash +€25,151
up €25,151 (+86.3%), from €29,132 to €54,283
mainly Other debts (+€63,423) and Receivables within one year (+€39,614)
- Tangible fixed assets -€5,364
down €5,364 (-19.6%), from €27,301 to €21,937
- Reserves -€78,817
down €78,817 (-94.1%), from €83,745 to €4,928
- Other debts +€63,423
up €63,423 (+370.8%), from €17,107 to €80,530
- Tax, wage and social debts -€4,218
down €4,218 (-83.4%), from €5,056 to €838
- Gross operating margin -€6,533
down €6,533 (-45.5%), from €14,343 to €7,810
- Taxes -€1,198
down €1,198 (-66.8%), from €1,793 to €595
- Depreciation -€609
down €609 (-10.2%), from €5,973 to €5,364
- Other operating charges -€392
down €392 (-41.9%), from €936 to €544
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.
Cash bridge derived
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 | €108,327 | €88,530 | -€19,797 | -18.3% |
| Fixed assets | 21/28 | €27,301 | €21,937 | -€5,364 | -19.6% |
| Tangible fixed assets | 22/27 | €27,301 | €21,937 | -€5,364 | -19.6% |
| Land and buildings | 22 | €1,108 | €991 | -€117 | -10.6% |
| Plant, machinery and equipment | 23 | €1,476 | €862 | -€615 | -41.6% |
| Furniture and vehicles | 24 | €4,844 | €2,642 | -€2,203 | -45.5% |
| Other tangible fixed assets | 26 | €19,872 | €17,442 | -€2,430 | -12.2% |
| Current assets | 29/58 | €81,027 | €66,594 | -€14,433 | -17.8% |
| Amounts receivable within one year | 40/41 | €51,481 | €11,867 | -€39,614 | -76.9% |
| Trade receivables | 40 | €50,269 | €10,273 | -€39,996 | -79.6% |
| Other amounts receivable | 41 | €1,212 | €1,594 | +€382 | +31.5% |
| Cash at bank and in hand | 54/58 | €29,132 | €54,283 | +€25,151 | +86.3% |
| Deferred charges and accrued income | 490/1 | €413 | €444 | +€30 | +7.3% |
| Total equity and liabilities | 10/49 | €108,327 | €88,530 | -€19,797 | -18.3% |
| Equity | 10/15 | €85,745 | €6,928 | -€78,817 | -91.9% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €83,745 | €4,928 | -€78,817 | -94.1% |
| Distributable reserves | 133 | €83,745 | €4,928 | -€78,817 | -94.1% |
| Amounts payable | 17/49 | €22,582 | €81,602 | +€59,020 | +261.4% |
| Amounts payable within one year | 42/48 | €22,582 | €81,602 | +€59,020 | +261.4% |
| Trade debts | 44 | €419 | €234 | -€186 | -44.3% |
| Suppliers | 440/4 | €419 | €234 | -€186 | -44.3% |
| Taxes, remuneration and social security | 45 | €5,056 | €838 | -€4,218 | -83.4% |
| Taxes | 450/3 | €5,056 | €838 | -€4,218 | -83.4% |
| Other amounts payable | 47/48 | €17,107 | €80,530 | +€63,423 | +370.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,973 | €5,364 | -€609 | -10.2% |
| Other operating charges | 640/8 | €936 | €544 | -€392 | -41.9% |
| Non-recurring operating charges | 66A | €519 | - | -€519 | |
| Gross operating margin | 9900 | €14,343 | €7,810 | -€6,533 | -45.5% |
| Operating profit (loss) | 9901 | €6,915 | €1,902 | -€5,013 | -72.5% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €54 | €124 | +€70 | +128.9% |
| Recurring financial charges | 65 | €54 | €124 | +€70 | +128.9% |
| Profit (loss) for the period before taxes | 9903 | €6,861 | €1,779 | -€5,082 | -74.1% |
| Income taxes | 67/77 | €1,793 | €595 | -€1,198 | -66.8% |
| Profit (loss) for the period | 9904 | €5,067 | €1,183 | -€3,884 | -76.7% |
| Profit (loss) for the period to be appropriated | 9905 | €5,067 | €1,183 | -€3,884 | -76.7% |
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 12 October 2026 via checked.be.