APPVIZE: 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.
APPVIZE
Largest movements
- Cash +€37,168
up €37,168 (+101.4%), from €36,649 to €73,817
mainly Other debts (+€132,959) and Net result for the year (+€65,856)
- Receivables within one year +€18,854
up €18,854 (+114.0%), from €16,538 to €35,392
of which Trade receivables: +€18,485
- Tangible fixed assets -€8,385
down €8,385 (-23.6%), from €35,492 to €27,107
of which Furniture and vehicles: -€8,191
- Current investments +€5,854
up €5,854 (+30.0%), from €19,512 to €25,366
- Other debts +€132,959
up €132,959 (+2355.9%), from €5,644 to €138,602
- Profit (loss) carried forward -€82,516
down €82,516 (-100.0%), from €82,516 to €0
- Tax, wage and social debts +€3,060
up €3,060 (+25.1%), from €12,195 to €15,255
- Gross operating margin -€12,237
down €12,237 (-11.0%), from €111,295 to €99,059
- Depreciation +€2,554
up €2,554 (+43.8%), from €5,831 to €8,385
- Taxes +€1,529
up €1,529 (+7.0%), from €21,774 to €23,302
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 | €109,648 | €163,130 | +€53,482 | +48.8% |
| Fixed assets | 21/28 | €35,492 | €27,107 | -€8,385 | -23.6% |
| Tangible fixed assets | 22/27 | €35,492 | €27,107 | -€8,385 | -23.6% |
| Plant, machinery and equipment | 23 | €482 | €288 | -€194 | -40.2% |
| Furniture and vehicles | 24 | €35,009 | €26,819 | -€8,191 | -23.4% |
| Current assets | 29/58 | €74,157 | €136,023 | +€61,867 | +83.4% |
| Amounts receivable within one year | 40/41 | €16,538 | €35,392 | +€18,854 | +114.0% |
| Trade receivables | 40 | €16,538 | €35,022 | +€18,485 | +111.8% |
| Other amounts receivable | 41 | - | €369 | +€369 | |
| Current investments | 50/53 | €19,512 | €25,366 | +€5,854 | +30.0% |
| Cash at bank and in hand | 54/58 | €36,649 | €73,817 | +€37,168 | +101.4% |
| Deferred charges and accrued income | 490/1 | €1,458 | €1,449 | -€8 | -0.6% |
| Total equity and liabilities | 10/49 | €109,648 | €163,130 | +€53,482 | +48.8% |
| Equity | 10/15 | €88,891 | €6,375 | -€82,516 | -92.8% |
| Contributions | 10/11 | €6,375 | €6,375 | = | 0.0% |
| Reserves | 13 | €0 | - | = | |
| Distributable reserves | 133 | €0 | - | = | |
| Profit (loss) carried forward | 14 | €82,516 | €0 | -€82,516 | -100.0% |
| Amounts payable | 17/49 | €20,758 | €156,756 | +€135,998 | +655.2% |
| Amounts payable within one year | 42/48 | €20,758 | €156,007 | +€135,250 | +651.6% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €2,919 | €2,150 | -€769 | -26.3% |
| Suppliers | 440/4 | €2,919 | €2,150 | -€769 | -26.3% |
| Taxes, remuneration and social security | 45 | €12,195 | €15,255 | +€3,060 | +25.1% |
| Taxes | 450/3 | €12,195 | €15,255 | +€3,060 | +25.1% |
| Other amounts payable | 47/48 | €5,644 | €138,602 | +€132,959 | +2355.9% |
| Accrued charges and deferred income | 492/3 | - | €748 | +€748 | |
| Non-recurring operating income | 76A | €22,624 | €0 | -€22,624 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,831 | €8,385 | +€2,554 | +43.8% |
| Other operating charges | 640/8 | €505 | €520 | +€14 | +2.8% |
| Gross operating margin | 9900 | €111,295 | €99,059 | -€12,237 | -11.0% |
| Operating profit (loss) | 9901 | €104,959 | €90,154 | -€14,805 | -14.1% |
| Financial charges | 65/66B | €669 | €996 | +€327 | +48.8% |
| Recurring financial charges | 65 | €669 | €996 | +€327 | +48.8% |
| Profit (loss) for the period before taxes | 9903 | €104,290 | €89,158 | -€15,132 | -14.5% |
| Income taxes | 67/77 | €21,774 | €23,302 | +€1,529 | +7.0% |
| Profit (loss) for the period | 9904 | €82,516 | €65,856 | -€16,661 | -20.2% |
| Profit (loss) for the period to be appropriated | 9905 | €82,516 | €65,856 | -€16,661 | -20.2% |
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 6 October 2026 via checked.be.