APPLICATION AND DEVELOPMENT INFORMATION TECHNOLOGY: 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.
APPLICATION AND DEVELOPMENT INFORMATION TECHNOLOGY
Largest movements
- Cash +€14,327
up €14,327 (+270.8%), from €5,291 to €19,617
mainly Net result for the year (+€19,317) and Depreciation (+€4,954)
- Stocks and contracts -€4,870
down €4,870 (-7.2%), from €67,951 to €63,081
- Tangible fixed assets -€3,278
down €3,278 (-13.8%), from €23,822 to €20,544
of which Other tangible fixed assets: -€2,930
- Deferred charges and accrued income +€1,875
up €1,875 (+15.2%), from €12,327 to €14,202
- Reserves +€10,310
up €10,310 (+9.9%), from €104,511 to €114,821
- Trade debts -€5,889
down €5,889 (-84.3%), from €6,984 to €1,095
- Tax, wage and social debts +€4,224
up €4,224 (+39.6%), from €10,666 to €14,890
- Gross operating margin -€4,649
down €4,649 (-12.0%), from €38,619 to €33,971
- Taxes -€797
down €797 (-8.9%), from €8,937 to €8,139
- Other operating charges -€705
down €705 (-50.8%), from €1,386 to €681
- Depreciation -€647
down €647 (-11.6%), from €5,602 to €4,954
- Financial charges -€425
down €425 (-32.5%), from €1,309 to €884
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 | €126,934 | €134,381 | +€7,447 | +5.9% |
| Fixed assets | 21/28 | €23,822 | €20,544 | -€3,278 | -13.8% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €23,822 | €20,544 | -€3,278 | -13.8% |
| Plant, machinery and equipment | 23 | €1,117 | €504 | -€613 | -54.9% |
| Furniture and vehicles | 24 | €1,225 | €1,490 | +€265 | +21.7% |
| Other tangible fixed assets | 26 | €21,480 | €18,550 | -€2,930 | -13.6% |
| Current assets | 29/58 | €103,112 | €113,837 | +€10,725 | +10.4% |
| Stocks and contracts in progress | 3 | €67,951 | €63,081 | -€4,870 | -7.2% |
| Stocks | 30/36 | €67,951 | €63,081 | -€4,870 | -7.2% |
| Amounts receivable within one year | 40/41 | €17,544 | €16,937 | -€606 | -3.5% |
| Trade receivables | 40 | €17,544 | €16,937 | -€606 | -3.5% |
| Cash at bank and in hand | 54/58 | €5,291 | €19,617 | +€14,327 | +270.8% |
| Deferred charges and accrued income | 490/1 | €12,327 | €14,202 | +€1,875 | +15.2% |
| Total equity and liabilities | 10/49 | €126,934 | €134,381 | +€7,447 | +5.9% |
| Equity | 10/15 | €104,741 | €115,051 | +€10,310 | +9.8% |
| Contributions | 10/11 | €230 | €230 | = | 0.0% |
| Reserves | 13 | €104,511 | €114,821 | +€10,310 | +9.9% |
| Distributable reserves | 133 | €104,511 | €114,821 | +€10,310 | +9.9% |
| Amounts payable | 17/49 | €22,193 | €19,330 | -€2,863 | -12.9% |
| Amounts payable within one year | 42/48 | €19,846 | €18,167 | -€1,679 | -8.5% |
| Financial debts | 43 | €1,667 | €1,643 | -€24 | -1.4% |
| Credit institutions | 430/8 | €1,667 | €1,643 | -€24 | -1.4% |
| Trade debts | 44 | €6,984 | €1,095 | -€5,889 | -84.3% |
| Suppliers | 440/4 | €6,984 | €1,095 | -€5,889 | -84.3% |
| Taxes, remuneration and social security | 45 | €10,666 | €14,890 | +€4,224 | +39.6% |
| Taxes | 450/3 | €10,666 | €14,890 | +€4,224 | +39.6% |
| Other amounts payable | 47/48 | €530 | €540 | +€10 | +1.9% |
| Accrued charges and deferred income | 492/3 | €2,348 | €1,163 | -€1,184 | -50.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,602 | €4,954 | -€647 | -11.6% |
| Other operating charges | 640/8 | €1,386 | €681 | -€705 | -50.8% |
| Gross operating margin | 9900 | €38,619 | €33,971 | -€4,649 | -12.0% |
| Operating profit (loss) | 9901 | €31,632 | €28,335 | -€3,297 | -10.4% |
| Financial income | 75/76B | €104 | €5 | -€99 | -95.2% |
| Recurring financial income | 75 | €104 | €5 | -€99 | -95.2% |
| Financial charges | 65/66B | €1,309 | €884 | -€425 | -32.5% |
| Recurring financial charges | 65 | €1,309 | €884 | -€425 | -32.5% |
| Profit (loss) for the period before taxes | 9903 | €30,427 | €27,457 | -€2,971 | -9.8% |
| Income taxes | 67/77 | €8,937 | €8,139 | -€797 | -8.9% |
| Profit (loss) for the period | 9904 | €21,490 | €19,317 | -€2,173 | -10.1% |
| Profit (loss) for the period to be appropriated | 9905 | €21,490 | €19,317 | -€2,173 | -10.1% |
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 6 October 2026 via checked.be.