APPINABLE: what changed
APPINABLE
Largest movements
- Cash -€5,562
down €5,562 (-9.9%), from €56,022 to €50,460
mainly Net result for the year (-€9,890) and Debts after one year (-€4,015)
- Receivables within one year -€3,764
down €3,764 (-43.9%), from €8,568 to €4,804
of which Trade receivables: -€5,497
- Tangible fixed assets -€3,628
down €3,628 (-45.2%), from €8,025 to €4,397
- Profit (loss) carried forward -€9,890
down €9,890 (-34.3%), from -€28,869 to -€38,759
- Debts after one year -€4,015
down €4,015 (-92.3%), from €4,352 to €337
- Trade debts +€802
up €802 (+57.3%), from €1,400 to €2,202
- Gross operating margin -€2,951
down €2,951 (-144%), from -€2,049 to -€5,000
- Depreciation -€217
down €217 (-5.1%), from €4,265 to €4,048
- Financial income +€121
new in 2025: €121
- Financial charges -€66
down €66 (-32.5%), from €203 to €137
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €79,635 | €66,681 | -€12,954 | -16.3% |
| Fixed assets | 21/28 | €15,045 | €11,417 | -€3,628 | -24.1% |
| Tangible fixed assets | 22/27 | €8,025 | €4,397 | -€3,628 | -45.2% |
| Furniture and vehicles | 24 | €8,025 | €4,397 | -€3,628 | -45.2% |
| Financial fixed assets | 28 | €7,020 | €7,020 | = | 0.0% |
| Current assets | 29/58 | €64,590 | €55,264 | -€9,326 | -14.4% |
| Amounts receivable within one year | 40/41 | €8,568 | €4,804 | -€3,764 | -43.9% |
| Trade receivables | 40 | €8,302 | €2,805 | -€5,497 | -66.2% |
| Other amounts receivable | 41 | €266 | €1,999 | +€1,733 | +652% |
| Cash at bank and in hand | 54/58 | €56,022 | €50,460 | -€5,562 | -9.9% |
| Total equity and liabilities | 10/49 | €79,635 | €66,681 | -€12,954 | -16.3% |
| Equity | 10/15 | €69,847 | €59,957 | -€9,890 | -14.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €80,116 | €80,116 | = | 0.0% |
| Non-distributable reserves | 130/1 | €335 | €335 | = | 0.0% |
| Other | 1319 | €335 | €335 | = | 0.0% |
| Tax-exempt reserves | 132 | €79,781 | €79,781 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€28,869 | -€38,759 | -€9,890 | -34.3% |
| Amounts payable | 17/49 | €9,788 | €6,724 | -€3,064 | -31.3% |
| Amounts payable after more than one year | 17 | €4,352 | €337 | -€4,015 | -92.3% |
| Financial debts | 170/4 | €4,352 | €337 | -€4,015 | -92.3% |
| Amounts payable within one year | 42/48 | €5,436 | €6,387 | +€951 | +17.5% |
| Current portion of amounts payable after more than one year | 42 | €3,952 | €4,015 | +€63 | +1.6% |
| Trade debts | 44 | €1,400 | €2,202 | +€802 | +57.3% |
| Suppliers | 440/4 | €1,400 | €2,202 | +€802 | +57.3% |
| Taxes, remuneration and social security | 45 | - | €86 | +€86 | |
| Taxes | 450/3 | - | €86 | +€86 | |
| Other amounts payable | 47/48 | €84 | €84 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,265 | €4,048 | -€217 | -5.1% |
| Other operating charges | 640/8 | €625 | €636 | +€11 | +1.8% |
| Gross operating margin | 9900 | -€2,049 | -€5,000 | -€2,951 | -144% |
| Operating profit (loss) | 9901 | -€6,939 | -€9,684 | -€2,745 | -39.6% |
| Financial income | 75/76B | - | €121 | +€121 | |
| Recurring financial income | 75 | - | €121 | +€121 | |
| Financial charges | 65/66B | €203 | €137 | -€66 | -32.5% |
| Recurring financial charges | 65 | €203 | €137 | -€66 | -32.5% |
| Profit (loss) for the period before taxes | 9903 | -€7,142 | -€9,700 | -€2,558 | -35.8% |
| Income taxes | 67/77 | €190 | €190 | = | 0.0% |
| Profit (loss) for the period | 9904 | -€7,332 | -€9,890 | -€2,558 | -34.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,332 | -€9,890 | -€2,558 | -34.9% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 July 2024 and 31 July 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.