APPLICATION DEVELOPMENT INTERNET NETWORKING SYSTEMS: 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 DEVELOPMENT INTERNET NETWORKING SYSTEMS
Largest movements
- Cash -€22,330
down €22,330 (-6.2%), from €361,552 to €339,222
mainly Contributions, distributions and other (-€12,000) and Tax, wage and social debts (-€11,463)
- Tax, wage and social debts -€11,463
down €11,463 (-25.0%), from €45,811 to €34,348
of which Taxes: -€15,979
- Other debts -€5,197
down €5,197 (-6.6%), from €78,954 to €73,757
- Gross operating margin -€121,675
down €121,675 (-60.7%), from €200,484 to €78,808
- Taxes -€30,363
down €30,363 (-89.5%), from €33,943 to €3,580
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 | €398,623 | €376,804 | -€21,819 | -5.5% |
| Fixed assets | 21/28 | €2,101 | €4,259 | +€2,158 | +102.7% |
| Tangible fixed assets | 22/27 | €2,051 | €4,210 | +€2,158 | +105.2% |
| Plant, machinery and equipment | 23 | €2,051 | €4,210 | +€2,158 | +105.2% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €396,522 | €372,545 | -€23,977 | -6.0% |
| Amounts receivable within one year | 40/41 | €32,207 | €30,123 | -€2,085 | -6.5% |
| Trade receivables | 40 | €32,207 | €11,671 | -€20,536 | -63.8% |
| Other amounts receivable | 41 | €0 | €18,452 | +€18,452 | |
| Cash at bank and in hand | 54/58 | €361,552 | €339,222 | -€22,330 | -6.2% |
| Deferred charges and accrued income | 490/1 | €2,763 | €3,201 | +€438 | +15.9% |
| Total equity and liabilities | 10/49 | €398,623 | €376,804 | -€21,819 | -5.5% |
| Equity | 10/15 | €266,978 | €267,316 | +€338 | +0.1% |
| Contributions | 10/11 | €22,500 | €22,500 | = | 0.0% |
| Reserves | 13 | €159,265 | €159,265 | = | 0.0% |
| Distributable reserves | 133 | €159,265 | €159,265 | = | 0.0% |
| Profit (loss) carried forward | 14 | €85,213 | €85,551 | +€338 | +0.4% |
| Amounts payable | 17/49 | €131,645 | €109,488 | -€22,157 | -16.8% |
| Amounts payable within one year | 42/48 | €128,645 | €109,488 | -€19,157 | -14.9% |
| Trade debts | 44 | €3,880 | €1,382 | -€2,497 | -64.4% |
| Suppliers | 440/4 | €3,880 | €1,382 | -€2,497 | -64.4% |
| Taxes, remuneration and social security | 45 | €45,811 | €34,348 | -€11,463 | -25.0% |
| Taxes | 450/3 | €33,304 | €17,326 | -€15,979 | -48.0% |
| Remuneration and social security | 454/9 | €12,507 | €17,023 | +€4,516 | +36.1% |
| Other amounts payable | 47/48 | €78,954 | €73,757 | -€5,197 | -6.6% |
| Accrued charges and deferred income | 492/3 | €3,000 | €0 | -€3,000 | -100.0% |
| Remuneration, social security and pensions | 62 | €60,239 | €59,607 | -€631 | -1.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,482 | €1,506 | +€24 | +1.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €1,154 | €1,158 | +€5 | +0.4% |
| Gross operating margin | 9900 | €200,484 | €78,808 | -€121,675 | -60.7% |
| Operating profit (loss) | 9901 | €137,609 | €16,536 | -€121,073 | -88.0% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €812 | €618 | -€194 | -23.9% |
| Recurring financial charges | 65 | €812 | €618 | -€194 | -23.9% |
| Profit (loss) for the period before taxes | 9903 | €136,798 | €15,919 | -€120,879 | -88.4% |
| Income taxes | 67/77 | €33,943 | €3,580 | -€30,363 | -89.5% |
| Profit (loss) for the period | 9904 | €102,855 | €12,338 | -€90,517 | -88.0% |
| Profit (loss) for the period to be appropriated | 9905 | €102,855 | €12,338 | -€90,517 | -88.0% |
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 4 October 2026 via checked.be.