Appono: 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.
Appono
Largest movements
- Receivables within one year -€91,793
down €91,793 (-31.5%), from €291,669 to €199,876
of which Trade receivables: -€95,012
- Current investments +€72,917
up €72,917 (+506.5%), from €14,397 to €87,314
- Tangible fixed assets +€33,498
up €33,498 (+14.2%), from €235,439 to €268,937
of which Furniture and vehicles: +€44,194
- Cash -€29,473
down €29,473 (-55.7%), from €52,870 to €23,397
mainly Trade debts (-€88,951) and Current investments (-€72,917)
- Profit (loss) carried forward +€96,052
up €96,052, from -€64,483 to €31,569
- Trade debts -€88,951
down €88,951 (-42.0%), from €211,964 to €123,013
- Accrued charges and deferred income -€16,709
down €16,709 (-99.0%), from €16,871 to €163
- Other debts -€13,936
down €13,936 (-41.5%), from €33,560 to €19,624
- Current portion of long-term debt +€10,017
up €10,017 (+61.0%), from €16,422 to €26,439
- Gross operating margin +€120,008
up €120,008 (+245.9%), from €48,796 to €168,804
- Depreciation +€14,185
up €14,185 (+74.2%), from €19,128 to €33,313
- Taxes -€12,219
down €12,219 (-83.6%), from €14,623 to €2,405
- Financial charges -€9,633
down €9,633 (-48.8%), from €19,737 to €10,104
- Staff costs -€5,105
down €5,105 (-15.6%), from €32,727 to €27,622
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €695,408 | €680,495 | -€14,912 | -2.1% |
| Fixed assets | 21/28 | €250,175 | €282,331 | +€32,155 | +12.9% |
| Intangible fixed assets | 21 | €2,729 | €1,386 | -€1,343 | -49.2% |
| Tangible fixed assets | 22/27 | €235,439 | €268,937 | +€33,498 | +14.2% |
| Land and buildings | 22 | €180,397 | €173,048 | -€7,349 | -4.1% |
| Plant, machinery and equipment | 23 | €5,764 | €2,417 | -€3,347 | -58.1% |
| Furniture and vehicles | 24 | €49,278 | €93,472 | +€44,194 | +89.7% |
| Other tangible fixed assets | 26 | €0 | - | = | |
| Financial fixed assets | 28 | €12,007 | €12,007 | = | 0.0% |
| Current assets | 29/58 | €445,232 | €398,165 | -€47,067 | -10.6% |
| Stocks and contracts in progress | 3 | €81,500 | €81,500 | = | 0.0% |
| Stocks | 30/36 | €81,500 | €81,500 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €291,669 | €199,876 | -€91,793 | -31.5% |
| Trade receivables | 40 | €282,546 | €187,534 | -€95,012 | -33.6% |
| Other amounts receivable | 41 | €9,123 | €12,342 | +€3,219 | +35.3% |
| Current investments | 50/53 | €14,397 | €87,314 | +€72,917 | +506.5% |
| Cash at bank and in hand | 54/58 | €52,870 | €23,397 | -€29,473 | -55.7% |
| Deferred charges and accrued income | 490/1 | €4,797 | €6,078 | +€1,281 | +26.7% |
| Total equity and liabilities | 10/49 | €695,408 | €680,495 | -€14,912 | -2.1% |
| Equity | 10/15 | €107,763 | €203,815 | +€96,052 | +89.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €153,646 | €153,646 | = | 0.0% |
| Distributable reserves | 133 | €153,646 | €153,646 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€64,483 | €31,569 | +€96,052 | |
| Amounts payable | 17/49 | €587,644 | €476,680 | -€110,964 | -18.9% |
| Amounts payable after more than one year | 17 | €220,687 | €216,741 | -€3,946 | -1.8% |
| Financial debts | 170/4 | €80,687 | €99,241 | +€18,554 | +23.0% |
| Other amounts payable | 178/9 | €140,000 | €117,500 | -€22,500 | -16.1% |
| Amounts payable within one year | 42/48 | €350,086 | €259,777 | -€90,309 | -25.8% |
| Current portion of amounts payable after more than one year | 42 | €16,422 | €26,439 | +€10,017 | +61.0% |
| Financial debts | 43 | €65,804 | €65,529 | -€276 | -0.4% |
| Credit institutions | 430/8 | €65,804 | €65,529 | -€276 | -0.4% |
| Trade debts | 44 | €211,964 | €123,013 | -€88,951 | -42.0% |
| Suppliers | 440/4 | €211,964 | €123,013 | -€88,951 | -42.0% |
| Taxes, remuneration and social security | 45 | €22,337 | €25,173 | +€2,836 | +12.7% |
| Taxes | 450/3 | €18,040 | €18,076 | +€36 | +0.2% |
| Remuneration and social security | 454/9 | €4,297 | €7,097 | +€2,800 | +65.2% |
| Other amounts payable | 47/48 | €33,560 | €19,624 | -€13,936 | -41.5% |
| Accrued charges and deferred income | 492/3 | €16,871 | €163 | -€16,709 | -99.0% |
| Non-recurring operating income | 76A | €18,347 | €99,072 | +€80,725 | +440.0% |
| Remuneration, social security and pensions | 62 | €32,727 | €27,622 | -€5,105 | -15.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,128 | €33,313 | +€14,185 | +74.2% |
| Other operating charges | 640/8 | €2,888 | €1,173 | -€1,715 | -59.4% |
| Gross operating margin | 9900 | €48,796 | €168,804 | +€120,008 | +245.9% |
| Operating profit (loss) | 9901 | -€5,947 | €106,696 | +€112,643 | |
| Financial income | 75/76B | €2,275 | €1,864 | -€410 | -18.0% |
| Recurring financial income | 75 | €2,275 | €1,864 | -€410 | -18.0% |
| Financial charges | 65/66B | €19,737 | €10,104 | -€9,633 | -48.8% |
| Recurring financial charges | 65 | €19,737 | €10,104 | -€9,633 | -48.8% |
| Profit (loss) for the period before taxes | 9903 | -€23,409 | €98,457 | +€121,865 | |
| Income taxes | 67/77 | €14,623 | €2,405 | -€12,219 | -83.6% |
| Profit (loss) for the period | 9904 | -€38,032 | €96,052 | +€134,084 | |
| Profit (loss) for the period to be appropriated | 9905 | -€38,032 | €96,052 | +€134,084 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.