Appoint: what changed
Two financial 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.
What changed
Appoint
NACE 62.200, Computer consultancy and computer facilities management
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€95,648
2024 · €146,197-€50,550
Equity
€432,564
2024 · €336,916+€95,648
Cash
€1,506
2024 · €2,413-€906
Balance sheet total
€828,286
2024 · €727,821+€100,465
Largest movements
Assets
- Receivables within one year +€72,063
up €72,063 (+13.3%), from €540,026 to €612,089
of which Other amounts receivable: +€183,108
- Intangible fixed assets +€46,383
up €46,383 (+81.4%), from €56,947 to €103,330
- Tangible fixed assets -€15,329
down €15,329 (-12.8%), from €119,637 to €104,308
of which Furniture and vehicles: -€9,676
Equity and liabilities
- Profit (loss) carried forward +€95,648
up €95,648 (+42.7%), from €224,174 to €319,822
- Trade debts +€25,922
up €25,922 (+24.2%), from €107,006 to €132,928
- Debts after one year -€15,069
down €15,069 (-49.7%), from €30,319 to €15,250
- Short-term financial debts +€10,030
up €10,030 (+6.0%), from €168,529 to €178,559
Income statement
- Staff costs +€66,525
up €66,525 (+60.8%), from €109,342 to €175,867
- Depreciation -€12,929
down €12,929 (-19.4%), from €66,726 to €53,796
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.
Result 2024
€146,197
Gross operating margin
-€1,211
Staff costs
-€66,525
Depreciation
+€12,929
Write-downs
-€890
Other operating charges
+€215
Financial income
+€829
Financial charges
+€964
Taxes
+€3,138
Result 2025
€95,648
raises the resultlowers the result
Derived cash bridge
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.
From operations
+€95,321
Investment
-€84,850
Financing
-€11,377
Cash 2024
€2,413
From operations (derived)
+€95,321
Net result for the year
+€95,648
Depreciation
+€53,796
Receivables within one year
-€72,063
Deferred charges and accrued income
+€1,746
Trade debts
+€25,922
Tax, wage and social debts
-€6,584
Other debts
-€2,420
Accrued charges and deferred income
-€724
Investment (derived)
-€84,850
Investment in fixed assets (net)
-€84,850
Financing
-€11,377
Debts after one year
-€15,069
Current portion of long-term debt
-€6,339
Short-term financial debts
+€10,030
Cash 2025
€1,506
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €727,821 | €828,286 | +€100,465 | +13.8% |
| Fixed assets | 21/28 | €178,054 | €209,108 | +€31,054 | +17.4% |
| Intangible fixed assets | 21 | €56,947 | €103,330 | +€46,383 | +81.4% |
| Tangible fixed assets | 22/27 | €119,637 | €104,308 | -€15,329 | -12.8% |
| Land and buildings | 22 | €97,636 | €93,350 | -€4,286 | -4.4% |
| Plant, machinery and equipment | 23 | €3,943 | €2,577 | -€1,367 | -34.7% |
| Furniture and vehicles | 24 | €18,058 | €8,381 | -€9,676 | -53.6% |
| Financial fixed assets | 28 | €1,470 | €1,470 | = | 0.0% |
| Current assets | 29/58 | €549,767 | €619,178 | +€69,411 | +12.6% |
| Amounts receivable within one year | 40/41 | €540,026 | €612,089 | +€72,063 | +13.3% |
| Trade receivables | 40 | €258,117 | €147,072 | -€111,045 | -43.0% |
| Other amounts receivable | 41 | €281,908 | €465,017 | +€183,108 | +65.0% |
| Cash at bank and in hand | 54/58 | €2,413 | €1,506 | -€906 | -37.6% |
| Deferred charges and accrued income | 490/1 | €7,328 | €5,582 | -€1,746 | -23.8% |
| Total equity and liabilities | 10/49 | €727,821 | €828,286 | +€100,465 | +13.8% |
| Equity | 10/15 | €336,916 | €432,564 | +€95,648 | +28.4% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €62,742 | €62,742 | = | 0.0% |
| Distributable reserves | 133 | €62,742 | €62,742 | = | 0.0% |
| Profit (loss) carried forward | 14 | €224,174 | €319,822 | +€95,648 | +42.7% |
| Amounts payable | 17/49 | €390,904 | €395,722 | +€4,817 | +1.2% |
| Amounts payable after more than one year | 17 | €30,319 | €15,250 | -€15,069 | -49.7% |
| Financial debts | 170/4 | €30,319 | €15,250 | -€15,069 | -49.7% |
| Amounts payable within one year | 42/48 | €359,861 | €380,471 | +€20,610 | +5.7% |
| Current portion of amounts payable after more than one year | 42 | €21,407 | €15,069 | -€6,339 | -29.6% |
| Financial debts | 43 | €168,529 | €178,559 | +€10,030 | +6.0% |
| Credit institutions | 430/8 | €168,529 | €178,559 | +€10,030 | +6.0% |
| Trade debts | 44 | €107,006 | €132,928 | +€25,922 | +24.2% |
| Suppliers | 440/4 | €107,006 | €132,928 | +€25,922 | +24.2% |
| Taxes, remuneration and social security | 45 | €60,335 | €53,751 | -€6,584 | -10.9% |
| Taxes | 450/3 | €44,280 | €37,876 | -€6,404 | -14.5% |
| Remuneration and social security | 454/9 | €16,054 | €15,875 | -€180 | -1.1% |
| Other amounts payable | 47/48 | €2,585 | €165 | -€2,420 | -93.6% |
| Accrued charges and deferred income | 492/3 | €724 | - | -€724 | |
| Remuneration, social security and pensions | 62 | €109,342 | €175,867 | +€66,525 | +60.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €66,726 | €53,796 | -€12,929 | -19.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €890 | +€890 | |
| Other operating charges | 640/8 | €2,035 | €1,819 | -€215 | -10.6% |
| Gross operating margin | 9900 | €359,986 | €358,776 | -€1,211 | -0.3% |
| Operating profit (loss) | 9901 | €181,884 | €126,402 | -€55,482 | -30.5% |
| Financial income | 75/76B | €12,686 | €13,515 | +€829 | +6.5% |
| Recurring financial income | 75 | €12,686 | €13,515 | +€829 | +6.5% |
| Financial charges | 65/66B | €13,766 | €12,802 | -€964 | -7.0% |
| Recurring financial charges | 65 | €13,766 | €12,802 | -€964 | -7.0% |
| Profit (loss) for the period before taxes | 9903 | €180,804 | €127,116 | -€53,688 | -29.7% |
| Income taxes | 67/77 | €34,606 | €31,468 | -€3,138 | -9.1% |
| Profit (loss) for the period | 9904 | €146,197 | €95,648 | -€50,550 | -34.6% |
| Profit (loss) for the period to be appropriated | 9905 | €146,197 | €95,648 | -€50,550 | -34.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.