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AppSoft Engineering: 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.

What changed

AppSoft Engineering

BE 0465.693.337
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€3,468
2024 · -€5,553+€2,085
Equity
€194,690
2024 · €224,824-€30,134
Cash
€68,566
2024 · €52,243+€16,323
Balance sheet total
€261,868
2024 · €281,265-€19,398

Largest movements

2024 to 2025
Assets
  • Current investments -€30,316

    down €30,316 (-14.0%), from €216,552 to €186,236

  • Cash +€16,323

    up €16,323 (+31.2%), from €52,243 to €68,566

    mainly Current investments (+€30,316) and Other debts (+€14,450)

  • Receivables within one year -€6,480

    down €6,480 (-74.1%), from €8,747 to €2,267

    of which Trade receivables: -€5,854

Equity and liabilities
  • Reserves -€25,000

    down €25,000 (-16.3%), from €152,992 to €127,992

  • Other debts +€14,450

    up €14,450 (+29.5%), from €49,012 to €63,462

  • Profit (loss) carried forward -€5,134

    down €5,134 (-9.1%), from €56,233 to €51,099

  • Tax, wage and social debts -€4,070

    down €4,070 (-62.5%), from €6,515 to €2,445

    of which Taxes: -€3,820

Income statement
  • Gross operating margin +€3,452

    up €3,452 (+26.2%), from -€13,165 to -€9,713

  • Financial income -€1,143

    down €1,143 (-12.1%), from €9,410 to €8,267

  • Other operating charges +€436

    up €436 (+85.1%), from €513 to €949

  • Financial charges -€167

    down €167 (-22.5%), from €743 to €575

From the 2024 result to the 2025 result

effect on the 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 -€5,553
Gross operating margin +€3,452
Depreciation +€56
Other operating charges -€436
Financial income -€1,143
Financial charges +€167
Taxes -€10
Result 2025 -€3,468

Cash bridge derived

cash 2024 to 2025

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 +€12,673
Investment +€30,316
Financing -€26,666
Cash 2024 €52,243
Net result for the year -€3,468
Depreciation +€257
Receivables within one year +€6,480
Deferred charges and accrued income -€1,332
Trade debts -€19
Tax, wage and social debts -€4,070
Other debts +€14,450
Accrued charges and deferred income +€376
Current investments +€30,316
Contributions, distributions and other -€26,666
Cash 2025 €68,566
Every line side by side 38 lines
Line Code 2024 2025 Change %
Total assets 20/58 €281,265 €261,868 -€19,398 -6.9%
Fixed assets 21/28 €443 €186 -€257 -58.0%
Tangible fixed assets 22/27 €443 €186 -€257 -58.0%
Plant, machinery and equipment 23 €443 €186 -€257 -58.0%
Current assets 29/58 €280,822 €261,682 -€19,141 -6.8%
Amounts receivable within one year 40/41 €8,747 €2,267 -€6,480 -74.1%
Trade receivables 40 €5,962 €109 -€5,854 -98.2%
Other amounts receivable 41 €2,785 €2,159 -€626 -22.5%
Current investments 50/53 €216,552 €186,236 -€30,316 -14.0%
Cash at bank and in hand 54/58 €52,243 €68,566 +€16,323 +31.2%
Deferred charges and accrued income 490/1 €3,280 €4,612 +€1,332 +40.6%
Total equity and liabilities 10/49 €281,265 €261,868 -€19,398 -6.9%
Equity 10/15 €224,824 €194,690 -€30,134 -13.4%
Contributions 10/11 €15,600 €15,600 = 0.0%
Reserves 13 €152,992 €127,992 -€25,000 -16.3%
Distributable reserves 133 €152,992 €127,992 -€25,000 -16.3%
Profit (loss) carried forward 14 €56,233 €51,099 -€5,134 -9.1%
Amounts payable 17/49 €56,441 €67,177 +€10,736 +19.0%
Amounts payable within one year 42/48 €55,672 €66,033 +€10,360 +18.6%
Trade debts 44 €146 €127 -€19 -13.3%
Suppliers 440/4 €146 €127 -€19 -13.3%
Taxes, remuneration and social security 45 €6,515 €2,445 -€4,070 -62.5%
Taxes 450/3 €5,015 €1,195 -€3,820 -76.2%
Remuneration and social security 454/9 €1,500 €1,250 -€250 -16.7%
Other amounts payable 47/48 €49,012 €63,462 +€14,450 +29.5%
Accrued charges and deferred income 492/3 €768 €1,145 +€376 +49.0%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €313 €257 -€56 -17.8%
Other operating charges 640/8 €513 €949 +€436 +85.1%
Gross operating margin 9900 -€13,165 -€9,713 +€3,452 +26.2%
Operating profit (loss) 9901 -€13,990 -€10,920 +€3,071 +21.9%
Financial income 75/76B €9,410 €8,267 -€1,143 -12.1%
Recurring financial income 75 €9,410 €8,267 -€1,143 -12.1%
Financial charges 65/66B €743 €575 -€167 -22.5%
Recurring financial charges 65 €743 €575 -€167 -22.5%
Profit (loss) for the period before taxes 9903 -€5,322 -€3,228 +€2,095 +39.4%
Income taxes 67/77 €230 €240 +€10 +4.4%
Profit (loss) for the period 9904 -€5,553 -€3,468 +€2,085 +37.5%
Profit (loss) for the period to be appropriated 9905 -€5,553 -€3,468 +€2,085 +37.5%

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 28 September 2026 via checked.be.