BEGYSOFT: 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.
BEGYSOFT
Largest movements
- Receivables within one year -€17,670
down €17,670 (-55.2%), from €32,030 to €14,360
of which Trade receivables: -€22,116
- Tangible fixed assets -€7,100
down €7,100 (-94.6%), from €7,503 to €402
- Cash +€6,382
up €6,382 (+278%), from €2,296 to €8,677
mainly Receivables within one year (+€17,670) and Tax, wage and social debts (+€14,579)
- Profit (loss) carried forward -€19,694
down €19,694 (-147%), from -€13,403 to -€33,096
- Tax, wage and social debts +€14,579
up €14,579 (+53.0%), from €27,504 to €42,083
of which Remuneration and social security: +€8,784
- Trade debts -€13,526
down €13,526 (-53.5%), from €25,276 to €11,750
- Staff costs +€47,310
up €47,310 (+84.0%), from €56,312 to €103,622
- Gross operating margin +€45,221
up €45,221 (+83.2%), from €54,325 to €99,546
- Other operating charges -€5,622
down €5,622 (-53.9%), from €10,427 to €4,805
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 | €44,377 | €25,737 | -€18,640 | -42.0% |
| Formation expenses | 20 | €367 | - | -€367 | |
| Fixed assets | 21/28 | €9,103 | €2,002 | -€7,100 | -78.0% |
| Tangible fixed assets | 22/27 | €7,503 | €402 | -€7,100 | -94.6% |
| Furniture and vehicles | 24 | €7,503 | €402 | -€7,100 | -94.6% |
| Financial fixed assets | 28 | €1,600 | €1,600 | = | 0.0% |
| Current assets | 29/58 | €34,907 | €23,734 | -€11,173 | -32.0% |
| Amounts receivable within one year | 40/41 | €32,030 | €14,360 | -€17,670 | -55.2% |
| Trade receivables | 40 | €22,331 | €215 | -€22,116 | -99.0% |
| Other amounts receivable | 41 | €9,699 | €14,145 | +€4,446 | +45.8% |
| Cash at bank and in hand | 54/58 | €2,296 | €8,677 | +€6,382 | +278% |
| Deferred charges and accrued income | 490/1 | €582 | €696 | +€115 | +19.7% |
| Total equity and liabilities | 10/49 | €44,377 | €25,737 | -€18,640 | -42.0% |
| Equity | 10/15 | -€8,403 | -€28,096 | -€19,694 | -234% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€13,403 | -€33,096 | -€19,694 | -147% |
| Amounts payable | 17/49 | €52,780 | €53,833 | +€1,054 | +2.0% |
| Amounts payable within one year | 42/48 | €52,780 | €53,833 | +€1,054 | +2.0% |
| Trade debts | 44 | €25,276 | €11,750 | -€13,526 | -53.5% |
| Suppliers | 440/4 | €25,276 | €11,750 | -€13,526 | -53.5% |
| Taxes, remuneration and social security | 45 | €27,504 | €42,083 | +€14,579 | +53.0% |
| Taxes | 450/3 | €13,276 | €19,071 | +€5,795 | +43.6% |
| Remuneration and social security | 454/9 | €14,227 | €23,012 | +€8,784 | +61.7% |
| Non-recurring operating income | 76A | €26 | €1,270 | +€1,244 | +4,720% |
| Remuneration, social security and pensions | 62 | €56,312 | €103,622 | +€47,310 | +84.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,467 | €7,467 | +€0 | 0.0% |
| Other operating charges | 640/8 | €10,427 | €4,805 | -€5,622 | -53.9% |
| Non-recurring operating charges | 66A | €677 | - | -€677 | |
| Gross operating margin | 9900 | €54,325 | €99,546 | +€45,221 | +83.2% |
| Operating profit (loss) | 9901 | -€20,557 | -€16,347 | +€4,210 | +20.5% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €3,508 | €3,583 | +€75 | +2.2% |
| Recurring financial charges | 65 | €3,508 | €3,583 | +€75 | +2.2% |
| Profit (loss) for the period before taxes | 9903 | -€24,066 | -€19,931 | +€4,135 | +17.2% |
| Income taxes | 67/77 | - | -€237 | -€237 | |
| Profit (loss) for the period | 9904 | -€24,066 | -€19,694 | +€4,372 | +18.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€24,066 | -€19,694 | +€4,372 | +18.2% |
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 31 October 2026 via checked.be.