AppSys ICT Group: 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
AppSys ICT Group
NACE 62.200, Computer consultancy and computer facilities management
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€489,248
2024 · €40,596+€448,652
Equity
€642,875
2024 · €153,627+€489,248
Cash
€241,356
2024 · €209,843+€31,512
Balance sheet total
€6.1m
2024 · €5.8m+€259,412
Largest movements
Assets
- Receivables within one year +€513,066
up €513,066 (+13.0%), from €3.9m to €4.5m
of which Trade receivables: +€602,289
- Intangible fixed assets -€149,097
down €149,097 (-95.6%), from €156,017 to €6,921
- Tangible fixed assets -€102,597
down €102,597 (-8.3%), from €1.2m to €1.1m
Equity and liabilities
- Short-term financial debts -€977,873
down €977,873 (-91.6%), from €1.1m to €89,718
- Trade debts +€502,899
up €502,899 (+26.2%), from €1.9m to €2.4m
- Reserves +€489,248
up €489,248 (+331.9%), from €147,427 to €636,675
- Debts after one year -€267,880
down €267,880 (-19.7%), from €1.4m to €1.1m
- Accrued charges and deferred income +€263,654
up €263,654 (+110.7%), from €238,105 to €501,759
Income statement
- Turnover +€15.1m
new in 2025: €15.1m
- Goods and materials +€8.1m
new in 2025: €8.1m
of which Purchases: +€8.1m
- Gross operating margin -€4.5m
no longer reported in 2025 (was €4.5m)
- Services and other goods +€2.0m
new in 2025: €2.0m
- Other operating income +€167,050
new in 2025: €167,050
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
€40,596
Turnover
+€15.1m
Other operating income
+€167,050
Goods and materials
-€8.1m
Services and other goods
-€2.0m
Staff costs
+€41,811
Depreciation
+€113,777
Other operating charges
+€4,315
Other operating items
-€4.7m
Financial income
+€142
Financial charges
+€2,328
Taxes
-€156,073
Result 2025
€489,248
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.
From operations
+€1.1m
Investment
+€79,724
Financing
-€1.1m
Cash 2024
€209,843
From operations (derived)
+€1.1m
Net result for the year
+€489,248
Depreciation
+€171,910
Stocks and contracts
+€39,693
Receivables within one year
-€513,066
Deferred charges and accrued income
-€6,161
Trade debts
+€502,899
Tax, wage and social debts
+€126,599
Other debts
+€300
Accrued charges and deferred income
+€263,654
Investment (derived)
+€79,724
Investment in fixed assets (net)
+€79,724
Financing
-€1.1m
Debts after one year
-€267,880
Current portion of long-term debt
+€122,465
Short-term financial debts
-€977,873
Cash 2025
€241,356
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €5,839,697 | €6,099,110 | +€259,412 | +4.4% |
| Fixed assets | 21/28 | €1,411,374 | €1,159,741 | -€251,633 | -17.8% |
| Intangible fixed assets | 21 | €156,017 | €6,921 | -€149,097 | -95.6% |
| Tangible fixed assets | 22/27 | €1,237,476 | €1,134,879 | -€102,597 | -8.3% |
| Land and buildings | 22 | €729,195 | €727,756 | -€1,440 | -0.2% |
| Plant, machinery and equipment | 23 | €51,560 | €43,397 | -€8,163 | -15.8% |
| Furniture and vehicles | 24 | €175,308 | €129,389 | -€45,919 | -26.2% |
| Leasing and similar rights | 25 | €106,172 | €75,369 | -€30,802 | -29.0% |
| Other tangible fixed assets | 26 | €175,241 | €158,968 | -€16,273 | -9.3% |
| Assets under construction and advance payments | 27 | €0 | - | = | |
| Financial fixed assets | 28 | €17,881 | €17,941 | +€60 | +0.3% |
| Affiliated companies | 280/1 | - | €1 | +€1 | |
| Participating interests | 280 | - | €1 | +€1 | |
| Other financial fixed assets | 284/8 | - | €17,940 | +€17,940 | |
| Amounts receivable and cash guarantees | 285/8 | - | €17,940 | +€17,940 | |
| Current assets | 29/58 | €4,428,323 | €4,939,369 | +€511,046 | +11.5% |
| Stocks and contracts in progress | 3 | €186,590 | €146,897 | -€39,693 | -21.3% |
| Stocks | 30/36 | €178,466 | €146,897 | -€31,569 | -17.7% |
| Goods purchased for resale | 34 | - | €146,897 | +€146,897 | |
| Contracts in progress | 37 | €8,124 | €0 | -€8,124 | -100.0% |
| Amounts receivable within one year | 40/41 | €3,945,077 | €4,458,143 | +€513,066 | +13.0% |
| Trade receivables | 40 | €3,855,820 | €4,458,109 | +€602,289 | +15.6% |
| Other amounts receivable | 41 | €89,257 | €34 | -€89,223 | -100.0% |
| Current investments | 50/53 | €5,190 | €5,190 | = | 0.0% |
| Other investments | 51/53 | - | €5,190 | +€5,190 | |
| Cash at bank and in hand | 54/58 | €209,843 | €241,356 | +€31,512 | +15.0% |
| Deferred charges and accrued income | 490/1 | €81,623 | €87,784 | +€6,161 | +7.5% |
| Total equity and liabilities | 10/49 | €5,839,697 | €6,099,110 | +€259,412 | +4.4% |
| Equity | 10/15 | €153,627 | €642,875 | +€489,248 | +318.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €147,427 | €636,675 | +€489,248 | +331.9% |
| Distributable reserves | 133 | €147,427 | €636,675 | +€489,248 | +331.9% |
| Amounts payable | 17/49 | €5,686,071 | €5,456,235 | -€229,836 | -4.0% |
| Amounts payable after more than one year | 17 | €1,358,416 | €1,090,536 | -€267,880 | -19.7% |
| Financial debts | 170/4 | €1,358,416 | €1,090,536 | -€267,880 | -19.7% |
| Subordinated loans | 170 | - | €245,000 | +€245,000 | |
| Leasing and similar obligations | 172 | - | €39,173 | +€39,173 | |
| Credit institutions | 173 | - | €806,363 | +€806,363 | |
| Amounts payable within one year | 42/48 | €4,089,550 | €3,863,941 | -€225,609 | -5.5% |
| Current portion of amounts payable after more than one year | 42 | €189,715 | €312,181 | +€122,465 | +64.6% |
| Financial debts | 43 | €1,067,591 | €89,718 | -€977,873 | -91.6% |
| Credit institutions | 430/8 | €1,067,591 | €89,718 | -€977,873 | -91.6% |
| Trade debts | 44 | €1,919,652 | €2,422,551 | +€502,899 | +26.2% |
| Suppliers | 440/4 | €1,919,652 | €2,422,551 | +€502,899 | +26.2% |
| Taxes, remuneration and social security | 45 | €911,092 | €1,037,691 | +€126,599 | +13.9% |
| Taxes | 450/3 | €342,728 | €412,841 | +€70,113 | +20.5% |
| Remuneration and social security | 454/9 | €568,364 | €624,850 | +€56,486 | +9.9% |
| Other amounts payable | 47/48 | €1,500 | €1,800 | +€300 | +20.0% |
| Accrued charges and deferred income | 492/3 | €238,105 | €501,759 | +€263,654 | +110.7% |
| Operating income | 70/76A | - | €15,253,401 | +€15.3m | |
| Turnover | 70 | - | €15,086,547 | +€15.1m | |
| Change in stocks of work in progress, finished goods and contracts in progress | 71 | - | -€8,124 | -€8,124 | |
| Own construction capitalised | 72 | - | €0 | = | |
| Other operating income | 74 | - | €167,050 | +€167,050 | |
| Non-recurring operating income | 76A | €15,411 | €7,928 | -€7,483 | -48.6% |
| Operating charges | 60/66A | - | €14,358,055 | +€14.4m | |
| Goods for resale, raw materials and consumables | 60 | - | €8,131,642 | +€8.1m | |
| Purchases | 600/8 | - | €8,100,073 | +€8.1m | |
| Change in stocks: decrease (increase) | 609 | - | €31,569 | +€31,569 | |
| Services and other goods | 61 | - | €2,001,105 | +€2.0m | |
| Remuneration, social security and pensions | 62 | €3,932,024 | €3,890,212 | -€41,811 | -1.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €285,686 | €171,910 | -€113,777 | -39.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €13,026 | €8,712 | -€4,315 | -33.1% |
| Non-recurring operating charges | 66A | €242 | €154,474 | +€154,232 | +63785.1% |
| Gross operating margin | 9900 | €4,524,068 | - | -€4.5m | |
| Operating profit (loss) | 9901 | €293,090 | €895,346 | +€602,256 | +205.5% |
| Financial income | 75/76B | €1,358 | €1,500 | +€142 | +10.4% |
| Recurring financial income | 75 | €1,358 | €1,500 | +€142 | +10.4% |
| Income from current assets | 751 | - | €0 | = | |
| Other financial income | 752/9 | - | €1,500 | +€1,500 | |
| Financial charges | 65/66B | €186,257 | €183,929 | -€2,328 | -1.2% |
| Recurring financial charges | 65 | €186,257 | €183,929 | -€2,328 | -1.2% |
| Debt charges | 650 | - | €178,376 | +€178,376 | |
| Other financial charges | 652/9 | - | €5,553 | +€5,553 | |
| Non-recurring financial charges | 66B | €0 | - | = | |
| Profit (loss) for the period before taxes | 9903 | €108,191 | €712,917 | +€604,725 | +558.9% |
| Income taxes | 67/77 | €67,595 | €223,669 | +€156,073 | +230.9% |
| Taxes | 670/3 | - | €223,669 | +€223,669 | |
| Profit (loss) for the period | 9904 | €40,596 | €489,248 | +€448,652 | +1105.2% |
| Profit (loss) for the period to be appropriated | 9905 | €40,596 | €489,248 | +€448,652 | +1105.2% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.