EWAPPS: 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.
EWAPPS
Largest movements
- Tangible fixed assets +€21,912
up €21,912 (+290%), from €7,544 to €29,456
- Receivables within one year +€14,901
up €14,901 (+99.2%), from €15,018 to €29,920
of which Other amounts receivable: +€16,755
- Profit (loss) carried forward +€29,099
up €29,099 (+75.4%), from -€38,605 to -€9,506
- Other debts +€10,024
up €10,024 (+97.6%), from €10,265 to €20,289
- Tax, wage and social debts -€8,871
down €8,871 (-25.4%), from €34,923 to €26,052
of which Taxes: -€9,342
- Trade debts +€4,657
up €4,657 (+246%), from €1,894 to €6,551
- Depreciation +€6,775
up €6,775 (+436%), from €1,554 to €8,329
- Gross operating margin +€4,222
up €4,222 (+5.5%), from €76,567 to €80,789
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 | €132,476 | €167,385 | +€34,908 | +26.4% |
| Fixed assets | 21/28 | €7,544 | €29,456 | +€21,912 | +290% |
| Tangible fixed assets | 22/27 | €7,544 | €29,456 | +€21,912 | +290% |
| Furniture and vehicles | 24 | €7,544 | €29,456 | +€21,912 | +290% |
| Current assets | 29/58 | €124,933 | €137,929 | +€12,996 | +10.4% |
| Amounts receivable within one year | 40/41 | €15,018 | €29,920 | +€14,901 | +99.2% |
| Trade receivables | 40 | €15,018 | €13,164 | -€1,854 | -12.3% |
| Other amounts receivable | 41 | - | €16,755 | +€16,755 | |
| Cash at bank and in hand | 54/58 | €108,568 | €107,254 | -€1,315 | -1.2% |
| Deferred charges and accrued income | 490/1 | €1,346 | €756 | -€590 | -43.9% |
| Total equity and liabilities | 10/49 | €132,476 | €167,385 | +€34,908 | +26.4% |
| Equity | 10/15 | €85,395 | €114,494 | +€29,099 | +34.1% |
| Contributions | 10/11 | €124,000 | €124,000 | = | 0.0% |
| Capital | 10 | €124,000 | €124,000 | = | 0.0% |
| Issued capital | 100 | €124,000 | €124,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€38,605 | -€9,506 | +€29,099 | +75.4% |
| Amounts payable | 17/49 | €47,082 | €52,891 | +€5,809 | +12.3% |
| Amounts payable within one year | 42/48 | €47,082 | €52,891 | +€5,809 | +12.3% |
| Trade debts | 44 | €1,894 | €6,551 | +€4,657 | +246% |
| Suppliers | 440/4 | €1,894 | €6,551 | +€4,657 | +246% |
| Taxes, remuneration and social security | 45 | €34,923 | €26,052 | -€8,871 | -25.4% |
| Taxes | 450/3 | €33,243 | €23,902 | -€9,342 | -28.1% |
| Remuneration and social security | 454/9 | €1,679 | €2,150 | +€471 | +28.0% |
| Other amounts payable | 47/48 | €10,265 | €20,289 | +€10,024 | +97.6% |
| Non-recurring operating income | 76A | €7,338 | €3,653 | -€3,685 | -50.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,554 | €8,329 | +€6,775 | +436% |
| Other operating charges | 640/8 | €822 | €479 | -€343 | -41.7% |
| Gross operating margin | 9900 | €76,567 | €80,789 | +€4,222 | +5.5% |
| Operating profit (loss) | 9901 | €74,192 | €71,981 | -€2,210 | -3.0% |
| Financial income | 75/76B | €1 | €26 | +€25 | +2,350% |
| Recurring financial income | 75 | €1 | €26 | +€25 | +2,350% |
| Financial charges | 65/66B | €635 | €681 | +€46 | +7.2% |
| Recurring financial charges | 65 | €635 | €681 | +€46 | +7.2% |
| Profit (loss) for the period before taxes | 9903 | €73,557 | €71,327 | -€2,231 | -3.0% |
| Income taxes | 67/77 | €19,324 | €19,227 | -€96 | -0.5% |
| Profit (loss) for the period | 9904 | €54,234 | €52,099 | -€2,135 | -3.9% |
| Profit (loss) for the period to be appropriated | 9905 | €54,234 | €52,099 | -€2,135 | -3.9% |
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 29 October 2026 via checked.be.