VLAPPS: 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.
VLAPPS
Largest movements
- Receivables within one year -€42,048
down €42,048 (-82.8%), from €50,760 to €8,712
- Cash +€32,820
up €32,820 (+94.1%), from €34,866 to €67,686
mainly Receivables within one year (+€42,048) and Net result for the year (+€31,109)
- Tangible fixed assets +€8,701
up €8,701 (+780.2%), from €1,115 to €9,816
of which Plant, machinery and equipment: +€6,413
- Reserves +€31,109
up €31,109 (+15.1%), from €206,315 to €237,424
- Other debts -€30,444
down €30,444 (-65.9%), from €46,180 to €15,735
- Financial charges -€1,227
down €1,227 (-36.6%), from €3,353 to €2,126
- Depreciation +€740
up €740 (+180.3%), from €411 to €1,151
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 | €282,054 | €281,401 | -€653 | -0.2% |
| Fixed assets | 21/28 | €192,742 | €201,443 | +€8,701 | +4.5% |
| Tangible fixed assets | 22/27 | €1,115 | €9,816 | +€8,701 | +780.2% |
| Plant, machinery and equipment | 23 | €1,115 | €7,528 | +€6,413 | +575.0% |
| Furniture and vehicles | 24 | - | €2,288 | +€2,288 | |
| Financial fixed assets | 28 | €191,627 | €191,627 | = | 0.0% |
| Current assets | 29/58 | €89,311 | €79,958 | -€9,354 | -10.5% |
| Amounts receivable within one year | 40/41 | €50,760 | €8,712 | -€42,048 | -82.8% |
| Trade receivables | 40 | €50,760 | €8,712 | -€42,048 | -82.8% |
| Cash at bank and in hand | 54/58 | €34,866 | €67,686 | +€32,820 | +94.1% |
| Deferred charges and accrued income | 490/1 | €3,686 | €3,559 | -€126 | -3.4% |
| Total equity and liabilities | 10/49 | €282,054 | €281,401 | -€653 | -0.2% |
| Equity | 10/15 | €224,915 | €256,024 | +€31,109 | +13.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €206,315 | €237,424 | +€31,109 | +15.1% |
| Distributable reserves | 133 | €206,315 | €237,424 | +€31,109 | +15.1% |
| Amounts payable | 17/49 | €57,138 | €25,377 | -€31,762 | -55.6% |
| Amounts payable within one year | 42/48 | €53,151 | €22,229 | -€30,922 | -58.2% |
| Trade debts | 44 | €1,368 | €2,075 | +€707 | +51.7% |
| Suppliers | 440/4 | €1,368 | €2,075 | +€707 | +51.7% |
| Taxes, remuneration and social security | 45 | €5,603 | €4,418 | -€1,185 | -21.1% |
| Taxes | 450/3 | €5,603 | €4,418 | -€1,185 | -21.1% |
| Other amounts payable | 47/48 | €46,180 | €15,735 | -€30,444 | -65.9% |
| Accrued charges and deferred income | 492/3 | €3,988 | €3,148 | -€840 | -21.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €411 | €1,151 | +€740 | +180.3% |
| Other operating charges | 640/8 | €639 | €645 | +€7 | +1.1% |
| Gross operating margin | 9900 | €51,075 | €50,762 | -€313 | -0.6% |
| Operating profit (loss) | 9901 | €50,026 | €48,966 | -€1,060 | -2.1% |
| Financial charges | 65/66B | €3,353 | €2,126 | -€1,227 | -36.6% |
| Recurring financial charges | 65 | €3,353 | €2,126 | -€1,227 | -36.6% |
| Profit (loss) for the period before taxes | 9903 | €46,673 | €46,840 | +€167 | +0.4% |
| Income taxes | 67/77 | €15,554 | €15,731 | +€177 | +1.1% |
| Profit (loss) for the period | 9904 | €31,119 | €31,109 | -€10 | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €31,119 | €31,109 | -€10 | 0.0% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.