APPUI: 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.
APPUI
Largest movements
- Receivables within one year +€55,976
up €55,976 (+180.9%), from €30,947 to €86,923
of which Trade receivables: +€30,006
- Cash +€21,967
up €21,967 (+39.1%), from €56,110 to €78,077
mainly Trade debts (+€31,145) and Investment in fixed assets (net) (+€19,606)
- Financial fixed assets -€20,809
down €20,809 (-97.9%), from €21,259 to €450
- Stocks and contracts -€16,329
down €16,329 (-73.1%), from €22,329 to €6,000
- Tangible fixed assets -€10,191
down €10,191 (-13.4%), from €75,810 to €65,620
of which Land and buildings: -€6,384
- Trade debts +€31,145
up €31,145 (+102.9%), from €30,272 to €61,417
- Debts after one year -€16,000
down €16,000 (-63.3%), from €25,269 to €9,269
- Tax, wage and social debts +€6,488
up €6,488 (+31.8%), from €20,400 to €26,888
of which Taxes: +€5,182
- Advances received +€5,084
up €5,084 (+65.2%), from €7,804 to €12,888
- Current portion of long-term debt +€3,443
up €3,443 (+36.0%), from €9,557 to €13,000
- Gross operating margin -€60,651
down €60,651 (-51.1%), from €118,699 to €58,048
- Taxes -€18,538
down €18,538 (-95.4%), from €19,425 to €887
- Write-downs +€4,797
up €4,797 (+618.9%), from €775 to €5,572
- Financial income -€2,616
down €2,616 (-46.1%), from €5,681 to €3,065
- Staff costs -€1,194
down €1,194 (-3.0%), from €39,548 to €38,354
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 | €209,253 | €237,069 | +€27,816 | +13.3% |
| Fixed assets | 21/28 | €97,070 | €66,070 | -€31,000 | -31.9% |
| Tangible fixed assets | 22/27 | €75,810 | €65,620 | -€10,191 | -13.4% |
| Land and buildings | 22 | €62,829 | €56,445 | -€6,384 | -10.2% |
| Plant, machinery and equipment | 23 | €9,870 | €8,813 | -€1,057 | -10.7% |
| Furniture and vehicles | 24 | €3,112 | €362 | -€2,750 | -88.4% |
| Financial fixed assets | 28 | €21,259 | €450 | -€20,809 | -97.9% |
| Current assets | 29/58 | €112,184 | €171,000 | +€58,816 | +52.4% |
| Stocks and contracts in progress | 3 | €22,329 | €6,000 | -€16,329 | -73.1% |
| Stocks | 30/36 | €22,329 | €6,000 | -€16,329 | -73.1% |
| Amounts receivable within one year | 40/41 | €30,947 | €86,923 | +€55,976 | +180.9% |
| Trade receivables | 40 | €27,959 | €57,965 | +€30,006 | +107.3% |
| Other amounts receivable | 41 | €2,988 | €28,958 | +€25,970 | +869.1% |
| Cash at bank and in hand | 54/58 | €56,110 | €78,077 | +€21,967 | +39.1% |
| Deferred charges and accrued income | 490/1 | €2,798 | - | -€2,798 | |
| Total equity and liabilities | 10/49 | €209,253 | €237,069 | +€27,816 | +13.3% |
| Equity | 10/15 | €115,952 | €113,608 | -€2,344 | -2.0% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Capital | 10 | €18,592 | €18,592 | = | 0.0% |
| Issued capital | 100 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €39,359 | €39,359 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Legal reserve | 130 | €1,859 | €1,859 | = | 0.0% |
| Tax-exempt reserves | 132 | €37,500 | €37,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €58,001 | €55,656 | -€2,344 | -4.0% |
| Amounts payable | 17/49 | €93,301 | €123,462 | +€30,161 | +32.3% |
| Amounts payable after more than one year | 17 | €25,269 | €9,269 | -€16,000 | -63.3% |
| Financial debts | 170/4 | €25,269 | €9,269 | -€16,000 | -63.3% |
| Amounts payable within one year | 42/48 | €68,032 | €114,193 | +€46,161 | +67.9% |
| Current portion of amounts payable after more than one year | 42 | €9,557 | €13,000 | +€3,443 | +36.0% |
| Trade debts | 44 | €30,272 | €61,417 | +€31,145 | +102.9% |
| Suppliers | 440/4 | €30,272 | €61,417 | +€31,145 | +102.9% |
| Advances received on contracts in progress | 46 | €7,804 | €12,888 | +€5,084 | +65.2% |
| Taxes, remuneration and social security | 45 | €20,400 | €26,888 | +€6,488 | +31.8% |
| Taxes | 450/3 | €18,354 | €23,536 | +€5,182 | +28.2% |
| Remuneration and social security | 454/9 | €2,046 | €3,352 | +€1,306 | +63.9% |
| Remuneration, social security and pensions | 62 | €39,548 | €38,354 | -€1,194 | -3.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,217 | €11,394 | +€176 | +1.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €775 | €5,572 | +€4,797 | +618.9% |
| Other operating charges | 640/8 | €2,615 | €3,155 | +€541 | +20.7% |
| Gross operating margin | 9900 | €118,699 | €58,048 | -€60,651 | -51.1% |
| Operating profit (loss) | 9901 | €64,544 | -€428 | -€64,971 | |
| Financial income | 75/76B | €5,681 | €3,065 | -€2,616 | -46.1% |
| Recurring financial income | 75 | €5,681 | €3,065 | -€2,616 | -46.1% |
| Financial charges | 65/66B | €4,080 | €4,095 | +€15 | +0.4% |
| Recurring financial charges | 65 | €4,080 | €4,095 | +€15 | +0.4% |
| Profit (loss) for the period before taxes | 9903 | €66,145 | -€1,458 | -€67,603 | |
| Income taxes | 67/77 | €19,425 | €887 | -€18,538 | -95.4% |
| Profit (loss) for the period | 9904 | €46,720 | -€2,344 | -€49,064 | |
| Profit (loss) for the period to be appropriated | 9905 | €46,720 | -€2,344 | -€49,064 |
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 9 October 2026 via checked.be.