APPKERS: 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.
APPKERS
Largest movements
- Cash +€47,275
up €47,275 (+55.6%), from €84,983 to €132,258
mainly Depreciation (+€15,578) and Net result for the year (+€15,520)
- Tangible fixed assets -€14,031
down €14,031 (-33.7%), from €41,681 to €27,650
of which Furniture and vehicles: -€12,585
- Receivables within one year -€13,561
down €13,561 (-62.7%), from €21,629 to €8,068
of which Trade receivables: -€9,009
- Debts after one year +€15,000
up €15,000 (+50.0%), from €30,000 to €45,000
- Other debts +€2,258
up €2,258 (+6.7%), from €33,739 to €35,997
- Gross operating margin -€7,084
down €7,084 (-15.2%), from €46,618 to €39,534
- Taxes -€866
down €866 (-14.8%), from €5,847 to €4,982
- Depreciation -€583
down €583 (-3.6%), from €16,161 to €15,578
From the 31-12-2024 result to the 31-12-2025 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 31-12-2024 and 31-12-2025 balance sheets and the 31-12-2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 31-12-2024 | 31-12-2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €149,460 | €168,476 | +€19,015 | +12.7% |
| Fixed assets | 21/28 | €42,181 | €28,150 | -€14,031 | -33.3% |
| Tangible fixed assets | 22/27 | €41,681 | €27,650 | -€14,031 | -33.7% |
| Plant, machinery and equipment | 23 | €2,729 | €2,169 | -€560 | -20.5% |
| Furniture and vehicles | 24 | €37,266 | €24,681 | -€12,585 | -33.8% |
| Other tangible fixed assets | 26 | €1,687 | €800 | -€887 | -52.6% |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €107,279 | €140,326 | +€33,047 | +30.8% |
| Amounts receivable within one year | 40/41 | €21,629 | €8,068 | -€13,561 | -62.7% |
| Trade receivables | 40 | €10,059 | €1,049 | -€9,009 | -89.6% |
| Other amounts receivable | 41 | €11,570 | €7,018 | -€4,552 | -39.3% |
| Cash at bank and in hand | 54/58 | €84,983 | €132,258 | +€47,275 | +55.6% |
| Deferred charges and accrued income | 490/1 | €667 | €0 | -€667 | -100.0% |
| Total equity and liabilities | 10/49 | €149,460 | €168,476 | +€19,015 | +12.7% |
| Equity | 10/15 | €71,295 | €71,295 | = | 0.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €52,695 | €52,695 | = | 0.0% |
| Distributable reserves | 133 | €52,695 | €52,695 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €78,166 | €97,181 | +€19,015 | +24.3% |
| Amounts payable after more than one year | 17 | €30,000 | €45,000 | +€15,000 | +50.0% |
| Other amounts payable | 178/9 | €30,000 | €45,000 | +€15,000 | +50.0% |
| Amounts payable within one year | 42/48 | €44,920 | €47,937 | +€3,017 | +6.7% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €1,201 | €2,683 | +€1,482 | +123.3% |
| Suppliers | 440/4 | €1,201 | €2,683 | +€1,482 | +123.3% |
| Taxes, remuneration and social security | 45 | €9,980 | €9,257 | -€723 | -7.2% |
| Taxes | 450/3 | €9,980 | €9,257 | -€723 | -7.2% |
| Other amounts payable | 47/48 | €33,739 | €35,997 | +€2,258 | +6.7% |
| Accrued charges and deferred income | 492/3 | €3,246 | €4,244 | +€998 | +30.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,161 | €15,578 | -€583 | -3.6% |
| Other operating charges | 640/8 | €485 | €501 | +€16 | +3.2% |
| Gross operating margin | 9900 | €46,618 | €39,534 | -€7,084 | -15.2% |
| Operating profit (loss) | 9901 | €29,972 | €23,456 | -€6,517 | -21.7% |
| Financial charges | 65/66B | €2,979 | €2,954 | -€25 | -0.8% |
| Recurring financial charges | 65 | €2,979 | €2,954 | -€25 | -0.8% |
| Profit (loss) for the period before taxes | 9903 | €26,993 | €20,502 | -€6,491 | -24.0% |
| Income taxes | 67/77 | €5,847 | €4,982 | -€866 | -14.8% |
| Profit (loss) for the period | 9904 | €21,146 | €15,520 | -€5,626 | -26.6% |
| Profit (loss) for the period to be appropriated | 9905 | €21,146 | €15,520 | -€5,626 | -26.6% |
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.