APPS Graphic Design: 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.
APPS Graphic Design
Largest movements
- Cash +€11,522
up €11,522 (+124%), from €9,292 to €20,814
mainly Net result for the year (+€48,684) and Other debts (+€34,928)
- Tangible fixed assets -€9,223
down €9,223 (-4.3%), from €213,480 to €204,257
of which Land and buildings: -€8,766
- Receivables within one year +€8,359
up €8,359 (+9.6%), from €87,429 to €95,787
of which Trade receivables: +€13,887
- Other debts +€34,928
up €34,928 (+166%), from €21,072 to €56,000
- Debts after one year -€19,463
down €19,463 (-15.7%), from €124,236 to €104,773
- Reserves -€7,316
down €7,316 (-7.4%), from €98,241 to €90,925
- Gross operating margin +€23,901
up €23,901 (+23.9%), from €99,944 to €123,845
- Other operating charges +€5,718
up €5,718 (+277%), from €2,067 to €7,785
- Write-downs -€5,710
new in 2025: -€5,710
- Taxes +€3,525
up €3,525 (+41.7%), from €8,450 to €11,975
- Staff costs +€1,895
up €1,895 (+4.8%), from €39,593 to €41,487
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €312,638 | €323,588 | +€10,950 | +3.5% |
| Fixed assets | 21/28 | €213,480 | €204,257 | -€9,223 | -4.3% |
| Tangible fixed assets | 22/27 | €213,480 | €204,257 | -€9,223 | -4.3% |
| Land and buildings | 22 | €194,993 | €186,227 | -€8,766 | -4.5% |
| Plant, machinery and equipment | 23 | €4,399 | €3,718 | -€681 | -15.5% |
| Furniture and vehicles | 24 | €14,088 | €14,312 | +€224 | +1.6% |
| Current assets | 29/58 | €99,158 | €119,331 | +€20,173 | +20.3% |
| Amounts receivable within one year | 40/41 | €87,429 | €95,787 | +€8,359 | +9.6% |
| Trade receivables | 40 | €81,790 | €95,677 | +€13,887 | +17.0% |
| Other amounts receivable | 41 | €5,639 | €110 | -€5,529 | -98.1% |
| Cash at bank and in hand | 54/58 | €9,292 | €20,814 | +€11,522 | +124% |
| Deferred charges and accrued income | 490/1 | €2,437 | €2,729 | +€292 | +12.0% |
| Total equity and liabilities | 10/49 | €312,638 | €323,588 | +€10,950 | +3.5% |
| Equity | 10/15 | €116,841 | €109,525 | -€7,316 | -6.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €98,241 | €90,925 | -€7,316 | -7.4% |
| Distributable reserves | 133 | €98,241 | €90,925 | -€7,316 | -7.4% |
| Amounts payable | 17/49 | €195,797 | €214,063 | +€18,266 | +9.3% |
| Amounts payable after more than one year | 17 | €124,236 | €104,773 | -€19,463 | -15.7% |
| Financial debts | 170/4 | €124,236 | €104,773 | -€19,463 | -15.7% |
| Amounts payable within one year | 42/48 | €71,561 | €109,290 | +€37,729 | +52.7% |
| Current portion of amounts payable after more than one year | 42 | €20,568 | €21,091 | +€523 | +2.5% |
| Trade debts | 44 | €8,099 | €10,601 | +€2,502 | +30.9% |
| Suppliers | 440/4 | €8,099 | €10,601 | +€2,502 | +30.9% |
| Taxes, remuneration and social security | 45 | €21,822 | €21,598 | -€223 | -1.0% |
| Taxes | 450/3 | €9,676 | €14,152 | +€4,476 | +46.3% |
| Remuneration and social security | 454/9 | €12,146 | €7,446 | -€4,699 | -38.7% |
| Other amounts payable | 47/48 | €21,072 | €56,000 | +€34,928 | +166% |
| Non-recurring operating income | 76A | €15,563 | - | -€15,563 | |
| Remuneration, social security and pensions | 62 | €39,593 | €41,487 | +€1,895 | +4.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,260 | €14,132 | -€1,128 | -7.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | -€5,710 | -€5,710 | |
| Other operating charges | 640/8 | €2,067 | €7,785 | +€5,718 | +277% |
| Gross operating margin | 9900 | €99,944 | €123,845 | +€23,901 | +23.9% |
| Operating profit (loss) | 9901 | €43,024 | €66,151 | +€23,127 | +53.8% |
| Financial income | 75/76B | €102 | €116 | +€14 | +13.9% |
| Recurring financial income | 75 | €102 | €116 | +€14 | +13.9% |
| Financial charges | 65/66B | €4,460 | €5,609 | +€1,149 | +25.8% |
| Recurring financial charges | 65 | €4,460 | €5,609 | +€1,149 | +25.8% |
| Profit (loss) for the period before taxes | 9903 | €38,666 | €60,658 | +€21,992 | +56.9% |
| Income taxes | 67/77 | €8,450 | €11,975 | +€3,525 | +41.7% |
| Profit (loss) for the period | 9904 | €30,216 | €48,684 | +€18,468 | +61.1% |
| Profit (loss) for the period to be appropriated | 9905 | €30,216 | €48,684 | +€18,468 | +61.1% |
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 16 October 2026 via checked.be.