AD - SOFT: 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.
AD - SOFT
Largest movements
- Tangible fixed assets -€25,443
down €25,443 (-13.6%), from €186,562 to €161,119
of which Land and buildings: -€12,763
- Cash +€7,016
up €7,016 (+4.8%), from €145,160 to €152,176
mainly Depreciation (+€30,861) and Other debts (+€12,093)
- Reserves -€19,449
down €19,449 (-5.9%), from €331,738 to €312,289
- Other debts +€12,093
up €12,093 (+60.0%), from €20,157 to €32,250
- Gross operating margin -€12,560
down €12,560 (-21.7%), from €57,799 to €45,239
- Depreciation +€8,002
up €8,002 (+35.0%), from €22,860 to €30,861
- Taxes -€3,075
down €3,075 (-34.9%), from €8,823 to €5,748
- Other operating charges +€1,852
up €1,852 (+108.6%), from €1,707 to €3,559
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 | €388,871 | €374,646 | -€14,225 | -3.7% |
| Fixed assets | 21/28 | €186,632 | €161,189 | -€25,443 | -13.6% |
| Tangible fixed assets | 22/27 | €186,562 | €161,119 | -€25,443 | -13.6% |
| Land and buildings | 22 | €81,074 | €68,311 | -€12,763 | -15.7% |
| Plant, machinery and equipment | 23 | €53,785 | €53,780 | -€4 | 0.0% |
| Furniture and vehicles | 24 | €51,703 | €39,028 | -€12,676 | -24.5% |
| Financial fixed assets | 28 | €70 | €70 | = | 0.0% |
| Current assets | 29/58 | €202,239 | €213,457 | +€11,218 | +5.5% |
| Amounts receivable within one year | 40/41 | €53,861 | €55,733 | +€1,873 | +3.5% |
| Trade receivables | 40 | €42,674 | €47,979 | +€5,305 | +12.4% |
| Other amounts receivable | 41 | €11,187 | €7,754 | -€3,433 | -30.7% |
| Cash at bank and in hand | 54/58 | €145,160 | €152,176 | +€7,016 | +4.8% |
| Deferred charges and accrued income | 490/1 | €3,218 | €5,547 | +€2,329 | +72.4% |
| Total equity and liabilities | 10/49 | €388,871 | €374,646 | -€14,225 | -3.7% |
| Equity | 10/15 | €350,288 | €330,839 | -€19,449 | -5.6% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €331,738 | €312,289 | -€19,449 | -5.9% |
| Distributable reserves | 133 | €331,738 | €312,289 | -€19,449 | -5.9% |
| Amounts payable | 17/49 | €38,583 | €43,807 | +€5,223 | +13.5% |
| Amounts payable within one year | 42/48 | €37,129 | €42,248 | +€5,119 | +13.8% |
| Trade debts | 44 | €6,392 | €2,939 | -€3,452 | -54.0% |
| Suppliers | 440/4 | €6,392 | €2,939 | -€3,452 | -54.0% |
| Advances received on contracts in progress | 46 | €1,339 | - | -€1,339 | |
| Taxes, remuneration and social security | 45 | €9,242 | €7,059 | -€2,183 | -23.6% |
| Taxes | 450/3 | €9,242 | €7,059 | -€2,183 | -23.6% |
| Other amounts payable | 47/48 | €20,157 | €32,250 | +€12,093 | +60.0% |
| Accrued charges and deferred income | 492/3 | €1,454 | €1,559 | +€104 | +7.2% |
| Non-recurring operating income | 76A | - | €103 | +€103 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,860 | €30,861 | +€8,002 | +35.0% |
| Other operating charges | 640/8 | €1,707 | €3,559 | +€1,852 | +108.6% |
| Gross operating margin | 9900 | €57,799 | €45,239 | -€12,560 | -21.7% |
| Operating profit (loss) | 9901 | €33,233 | €10,819 | -€22,414 | -67.4% |
| Financial income | 75/76B | €540 | €720 | +€180 | +33.4% |
| Recurring financial income | 75 | €540 | €720 | +€180 | +33.4% |
| Financial charges | 65/66B | €240 | €239 | -€0 | -0.1% |
| Recurring financial charges | 65 | €240 | €239 | -€0 | -0.1% |
| Profit (loss) for the period before taxes | 9903 | €33,533 | €11,299 | -€22,234 | -66.3% |
| Income taxes | 67/77 | €8,823 | €5,748 | -€3,075 | -34.9% |
| Profit (loss) for the period | 9904 | €24,710 | €5,551 | -€19,158 | -77.5% |
| Profit (loss) for the period to be appropriated | 9905 | €24,710 | €5,551 | -€19,158 | -77.5% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.