APPLEFIELD: 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.
APPLEFIELD
Largest movements
- Cash +€67,299
up €67,299 (+175.3%), from €38,389 to €105,688
mainly Net result for the year (+€73,594) and Receivables after one year (+€25,000)
- Receivables after one year -€25,000
no longer reported in 2023 (was €25,000)
- Receivables within one year -€21,778
down €21,778 (-29.2%), from €74,506 to €52,728
of which Other amounts receivable: -€14,231
- Tangible fixed assets +€8,173
new in 2023: €8,173
- Profit (loss) carried forward +€28,594
up €28,594 (+36.1%), from €79,243 to €107,837
- Tax, wage and social debts +€6,263
up €6,263 (+61.6%), from €10,172 to €16,435
- Trade debts -€6,163
down €6,163 (-66.8%), from €9,219 to €3,057
- Gross operating margin +€79,393
up €79,393 (+240.1%), from €33,068 to €112,461
- Financial income -€6,397
down €6,397 (-99.8%), from €6,410 to €13
- Taxes +€4,500
up €4,500 (+166.7%), from €2,700 to €7,200
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €137,895 | €166,589 | +€28,694 | +20.8% |
| Fixed assets | 21/28 | - | €8,173 | +€8,173 | |
| Tangible fixed assets | 22/27 | - | €8,173 | +€8,173 | |
| Furniture and vehicles | 24 | - | €8,173 | +€8,173 | |
| Current assets | 29/58 | €137,895 | €158,416 | +€20,521 | +14.9% |
| Amounts receivable after more than one year | 29 | €25,000 | - | -€25,000 | |
| Other amounts receivable | 291 | €25,000 | - | -€25,000 | |
| Amounts receivable within one year | 40/41 | €74,506 | €52,728 | -€21,778 | -29.2% |
| Trade receivables | 40 | €17,655 | €10,108 | -€7,547 | -42.7% |
| Other amounts receivable | 41 | €56,851 | €42,620 | -€14,231 | -25.0% |
| Cash at bank and in hand | 54/58 | €38,389 | €105,688 | +€67,299 | +175.3% |
| Total equity and liabilities | 10/49 | €137,895 | €166,589 | +€28,694 | +20.8% |
| Equity | 10/15 | €93,503 | €122,097 | +€28,594 | +30.6% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Other | 1319 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €79,243 | €107,837 | +€28,594 | +36.1% |
| Amounts payable | 17/49 | €44,391 | €44,492 | +€101 | +0.2% |
| Amounts payable within one year | 42/48 | €44,391 | €44,492 | +€101 | +0.2% |
| Trade debts | 44 | €9,219 | €3,057 | -€6,163 | -66.8% |
| Suppliers | 440/4 | €9,219 | €3,057 | -€6,163 | -66.8% |
| Taxes, remuneration and social security | 45 | €10,172 | €16,435 | +€6,263 | +61.6% |
| Taxes | 450/3 | €10,172 | €16,435 | +€6,263 | +61.6% |
| Other amounts payable | 47/48 | €25,000 | €25,000 | = | 0.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €31,170 | €31,170 | = | 0.0% |
| Gross operating margin | 9900 | €33,068 | €112,461 | +€79,393 | +240.1% |
| Operating profit (loss) | 9901 | €1,898 | €81,291 | +€79,393 | +4182.2% |
| Financial income | 75/76B | €6,410 | €13 | -€6,397 | -99.8% |
| Recurring financial income | 75 | €6,410 | €13 | -€6,397 | -99.8% |
| Financial charges | 65/66B | €170 | €510 | +€341 | +200.9% |
| Recurring financial charges | 65 | €170 | €510 | +€341 | +200.9% |
| Profit (loss) for the period before taxes | 9903 | €8,139 | €80,794 | +€72,655 | +892.7% |
| Income taxes | 67/77 | €2,700 | €7,200 | +€4,500 | +166.7% |
| Profit (loss) for the period | 9904 | €5,439 | €73,594 | +€68,155 | +1253.1% |
| Profit (loss) for the period to be appropriated | 9905 | €5,439 | €73,594 | +€68,155 | +1253.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.