Appfactory: 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.
Appfactory
Largest movements
- Receivables within one year -€24,575
down €24,575 (-32.5%), from €75,501 to €50,926
of which Trade receivables: -€29,415
- Cash -€14,821
down €14,821 (-12.9%), from €114,874 to €100,053
mainly Trade debts (-€24,187) and Net result for the year (-€23,556)
- Stocks and contracts -€4,882
down €4,882 (-6.5%), from €74,744 to €69,862
- Trade debts -€24,187
down €24,187 (-42.1%), from €57,405 to €33,218
- Profit (loss) carried forward -€23,556
down €23,556 (-13.5%), from €174,314 to €150,758
- Gross operating margin -€52,258
down €52,258 (-38.2%), from €136,800 to €84,542
- Staff costs -€12,075
down €12,075 (-10.2%), from €117,811 to €105,736
- Taxes -€3,792
down €3,792, from €3,037 to -€755
- Financial charges -€3,085
down €3,085 (-95.8%), from €3,221 to €136
- Other operating charges +€1,533
up €1,533 (+196.3%), from €781 to €2,314
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 | €268,944 | €223,046 | -€45,898 | -17.1% |
| Fixed assets | 21/28 | €3,825 | €2,205 | -€1,620 | -42.4% |
| Tangible fixed assets | 22/27 | €3,825 | €2,205 | -€1,620 | -42.4% |
| Plant, machinery and equipment | 23 | €497 | €331 | -€166 | -33.4% |
| Furniture and vehicles | 24 | €3,328 | €1,874 | -€1,454 | -43.7% |
| Current assets | 29/58 | €265,119 | €220,841 | -€44,278 | -16.7% |
| Stocks and contracts in progress | 3 | €74,744 | €69,862 | -€4,882 | -6.5% |
| Stocks | 30/36 | €74,744 | €69,862 | -€4,882 | -6.5% |
| Amounts receivable within one year | 40/41 | €75,501 | €50,926 | -€24,575 | -32.5% |
| Trade receivables | 40 | €69,449 | €40,034 | -€29,415 | -42.4% |
| Other amounts receivable | 41 | €6,052 | €10,892 | +€4,840 | +80.0% |
| Cash at bank and in hand | 54/58 | €114,874 | €100,053 | -€14,821 | -12.9% |
| Total equity and liabilities | 10/49 | €268,944 | €223,046 | -€45,898 | -17.1% |
| Equity | 10/15 | €192,914 | €169,358 | -€23,556 | -12.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €174,314 | €150,758 | -€23,556 | -13.5% |
| Amounts payable | 17/49 | €76,030 | €53,688 | -€22,342 | -29.4% |
| Amounts payable within one year | 42/48 | €76,030 | €52,595 | -€23,435 | -30.8% |
| Trade debts | 44 | €57,405 | €33,218 | -€24,187 | -42.1% |
| Suppliers | 440/4 | €57,405 | €33,218 | -€24,187 | -42.1% |
| Taxes, remuneration and social security | 45 | €18,625 | €19,267 | +€642 | +3.4% |
| Taxes | 450/3 | €8,436 | €8,643 | +€207 | +2.5% |
| Remuneration and social security | 454/9 | €10,189 | €10,624 | +€435 | +4.3% |
| Other amounts payable | 47/48 | - | €110 | +€110 | |
| Accrued charges and deferred income | 492/3 | - | €1,093 | +€1,093 | |
| Remuneration, social security and pensions | 62 | €117,811 | €105,736 | -€12,075 | -10.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,436 | €1,620 | -€816 | -33.5% |
| Other operating charges | 640/8 | €781 | €2,314 | +€1,533 | +196.3% |
| Non-recurring operating charges | 66A | €5,755 | - | -€5,755 | |
| Gross operating margin | 9900 | €136,800 | €84,542 | -€52,258 | -38.2% |
| Operating profit (loss) | 9901 | €10,017 | -€25,128 | -€35,145 | |
| Financial income | 75/76B | €366 | €953 | +€587 | +160.4% |
| Recurring financial income | 75 | €366 | €953 | +€587 | +160.4% |
| Financial charges | 65/66B | €3,221 | €136 | -€3,085 | -95.8% |
| Recurring financial charges | 65 | €3,221 | €136 | -€3,085 | -95.8% |
| Profit (loss) for the period before taxes | 9903 | €7,162 | -€24,311 | -€31,473 | |
| Income taxes | 67/77 | €3,037 | -€755 | -€3,792 | |
| Profit (loss) for the period | 9904 | €4,125 | -€23,556 | -€27,681 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,125 | -€23,556 | -€27,681 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.