APPROGRA: 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.
APPROGRA
Largest movements
- Current investments +€64,802
up €64,802 (+31.7%), from €204,426 to €269,228
- Tangible fixed assets -€11,519
down €11,519 (-21.5%), from €53,579 to €42,060
of which Furniture and vehicles: -€8,746
- Cash +€4,712
up €4,712 (+62.5%), from €7,539 to €12,250
mainly Net result for the year (+€56,425) and Depreciation (+€16,590)
- Profit (loss) carried forward +€56,425
up €56,425 (+63.6%), from €88,688 to €145,113
- Tax, wage and social debts +€5,967
up €5,967 (+41.0%), from €14,570 to €20,537
- Other debts -€4,738
down €4,738 (-3.2%), from €148,189 to €143,451
- Financial income +€979
up €979 (+55.5%), from €1,764 to €2,743
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 | €283,068 | €342,741 | +€59,673 | +21.1% |
| Fixed assets | 21/28 | €53,579 | €42,060 | -€11,519 | -21.5% |
| Tangible fixed assets | 22/27 | €53,579 | €42,060 | -€11,519 | -21.5% |
| Plant, machinery and equipment | 23 | €1,005 | €1,472 | +€466 | +46.4% |
| Furniture and vehicles | 24 | €43,061 | €34,315 | -€8,746 | -20.3% |
| Other tangible fixed assets | 26 | €9,512 | €6,273 | -€3,239 | -34.1% |
| Current assets | 29/58 | €229,489 | €300,681 | +€71,192 | +31.0% |
| Amounts receivable within one year | 40/41 | €17,450 | €16,719 | -€731 | -4.2% |
| Trade receivables | 40 | €17,000 | €16,019 | -€981 | -5.8% |
| Other amounts receivable | 41 | €450 | €700 | +€250 | +55.6% |
| Current investments | 50/53 | €204,426 | €269,228 | +€64,802 | +31.7% |
| Cash at bank and in hand | 54/58 | €7,539 | €12,250 | +€4,712 | +62.5% |
| Deferred charges and accrued income | 490/1 | €75 | €2,484 | +€2,409 | +3191.7% |
| Total equity and liabilities | 10/49 | €283,068 | €342,741 | +€59,673 | +21.1% |
| Equity | 10/15 | €120,148 | €176,573 | +€56,425 | +47.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €12,860 | €12,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €11,000 | €11,000 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €88,688 | €145,113 | +€56,425 | +63.6% |
| Amounts payable | 17/49 | €162,919 | €166,168 | +€3,249 | +2.0% |
| Amounts payable within one year | 42/48 | €162,919 | €166,168 | +€3,249 | +2.0% |
| Trade debts | 44 | €160 | €2,180 | +€2,019 | +1258.7% |
| Suppliers | 440/4 | €160 | €2,180 | +€2,019 | +1258.7% |
| Taxes, remuneration and social security | 45 | €14,570 | €20,537 | +€5,967 | +41.0% |
| Taxes | 450/3 | €14,570 | €20,537 | +€5,967 | +41.0% |
| Other amounts payable | 47/48 | €148,189 | €143,451 | -€4,738 | -3.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,184 | €16,590 | +€407 | +2.5% |
| Other operating charges | 640/8 | €1,158 | €1,285 | +€126 | +10.9% |
| Gross operating margin | 9900 | €86,519 | €87,392 | +€873 | +1.0% |
| Operating profit (loss) | 9901 | €69,177 | €69,517 | +€340 | +0.5% |
| Financial income | 75/76B | €1,764 | €2,743 | +€979 | +55.5% |
| Recurring financial income | 75 | €1,764 | €2,743 | +€979 | +55.5% |
| Financial charges | 65/66B | €832 | €464 | -€368 | -44.2% |
| Recurring financial charges | 65 | €832 | €464 | -€368 | -44.2% |
| Profit (loss) for the period before taxes | 9903 | €70,109 | €71,795 | +€1,687 | +2.4% |
| Income taxes | 67/77 | €14,711 | €15,371 | +€660 | +4.5% |
| Profit (loss) for the period | 9904 | €55,398 | €56,425 | +€1,027 | +1.9% |
| Profit (loss) for the period to be appropriated | 9905 | €55,398 | €56,425 | +€1,027 | +1.9% |
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 11 October 2026 via checked.be.