Net revenue of AFAS Software 2020, by country

AFAS Software (Applications for Administrative Solutions) is a Dutch company developing company and HRM software. In 2020, the net revenue of AFAS Software was highest in the Netherlands with approximately 181 million euros, whereas the company generated a little more than six million euros in Belgium. Regarding the total revenue of AFAS, it increased annually between 2013 and 2020. In 2013, the revenue amounted to roughly 70 million euros, whereas by 2020 AFAS registered a total of 191.7 million euros of revenue.

Annual increase in operating result

Examining the total operating result of the software firm, it increased to approximately 95 million euros in 2020, which is the highest value reached in an eight-year time span. Categorizing the net revenue by type, AFAS Software generated the highest revenue with their maintenance services. Approximately 167 million euros were generated with maintenance, whereas roughly 25 million euros with services.

Net result of AFAS Software

The net result of AFAS Software amounted to 78 million euros in 2020, which is an increase of more than sixteen million euros compared to the previous year. Furthermore, it is the highest value reached in the period between 2013 to 2020.