APPELS+: 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.
APPELS+
Largest movements
- Financial fixed assets -€10,800
no longer reported in 2025 (was €10,800)
- Receivables within one year -€9,254
down €9,254 (-71.2%), from €13,000 to €3,746
of which Trade receivables: -€13,000
- Cash -€3,948
no longer reported in 2025 (was €3,948)
mainly Trade debts (-€15,029) and Net result for the year (-€4,989)
- Trade debts -€15,029
down €15,029 (-89.6%), from €16,772 to €1,743
- Profit (loss) carried forward -€4,989
down €4,989 (-194.9%), from -€2,559 to -€7,549
- Tax, wage and social debts -€4,796
no longer reported in 2025 (was €4,796)
of which Taxes: -€4,103
- Other debts +€813
up €813 (+109.9%), from €740 to €1,552
- Gross operating margin -€23,890
down €23,890, from €19,564 to -€4,326
- Staff costs -€11,723
no longer reported in 2025 (was €11,723)
- Purchases and services +€4,326
new in 2025: €4,326
- Other operating charges -€904
down €904 (-60.0%), from €1,506 to €602
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 | €27,748 | €3,746 | -€24,002 | -86.5% |
| Fixed assets | 21/28 | €10,800 | - | -€10,800 | |
| Financial fixed assets | 28 | €10,800 | - | -€10,800 | |
| Current assets | 29/58 | €16,948 | €3,746 | -€13,202 | -77.9% |
| Amounts receivable within one year | 40/41 | €13,000 | €3,746 | -€9,254 | -71.2% |
| Trade receivables | 40 | €13,000 | - | -€13,000 | |
| Other amounts receivable | 41 | - | €3,746 | +€3,746 | |
| Cash at bank and in hand | 54/58 | €3,948 | - | -€3,948 | |
| Total equity and liabilities | 10/49 | €27,748 | €3,746 | -€24,002 | -86.5% |
| Equity | 10/15 | €5,441 | €451 | -€4,989 | -91.7% |
| Contributions | 10/11 | €8,000 | €8,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,559 | -€7,549 | -€4,989 | -194.9% |
| Amounts payable | 17/49 | €22,308 | €3,295 | -€19,013 | -85.2% |
| Amounts payable within one year | 42/48 | €22,308 | €3,295 | -€19,013 | -85.2% |
| Trade debts | 44 | €16,772 | €1,743 | -€15,029 | -89.6% |
| Suppliers | 440/4 | €16,772 | €1,743 | -€15,029 | -89.6% |
| Taxes, remuneration and social security | 45 | €4,796 | - | -€4,796 | |
| Taxes | 450/3 | €4,103 | - | -€4,103 | |
| Remuneration and social security | 454/9 | €693 | - | -€693 | |
| Other amounts payable | 47/48 | €740 | €1,552 | +€813 | +109.9% |
| Non-recurring operating income | 76A | €25,952 | - | -€25,952 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €4,326 | +€4,326 | |
| Remuneration, social security and pensions | 62 | €11,723 | - | -€11,723 | |
| Other operating charges | 640/8 | €1,506 | €602 | -€904 | -60.0% |
| Gross operating margin | 9900 | €19,564 | -€4,326 | -€23,890 | |
| Operating profit (loss) | 9901 | €6,335 | -€4,928 | -€11,263 | |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €171 | €20 | -€152 | -88.5% |
| Recurring financial charges | 65 | €171 | €20 | -€152 | -88.5% |
| Profit (loss) for the period before taxes | 9903 | €6,163 | -€4,947 | -€11,111 | |
| Income taxes | 67/77 | - | €42 | +€42 | |
| Profit (loss) for the period | 9904 | €6,163 | -€4,989 | -€11,153 | |
| Profit (loss) for the period to be appropriated | 9905 | €6,163 | -€4,989 | -€11,153 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.