Belgian Software Support: 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.
Belgian Software Support
Largest movements
- Current investments -€19,717
down €19,717 (-33.3%), from €59,279 to €39,562
- Receivables within one year -€11,158
down €11,158 (-55.9%), from €19,958 to €8,800
of which Trade receivables: -€12,089
- Tangible fixed assets -€4,723
down €4,723 (-40.1%), from €11,784 to €7,061
of which Other tangible fixed assets: -€2,836
- Cash -€4,217
down €4,217 (-10.3%), from €41,137 to €36,920
mainly Other debts (-€29,064) and Provisions (-€8,500)
- Other debts -€29,064
down €29,064 (-51.9%), from €56,048 to €26,984
- Provisions -€8,500
down €8,500 (-14.5%), from €58,500 to €50,000
- Trade debts -€4,504
down €4,504 (-83.3%), from €5,405 to €901
- Profit (loss) carried forward +€2,254
up €2,254 (+2.5%), from -€91,890 to -€89,636
- Taxes -€64,371
down €64,371, from €63,738 to -€633
- Gross operating margin -€56,476
down €56,476, from €51,454 to -€5,022
- Financial income -€26,012
down €26,012 (-87.9%), from €29,593 to €3,581
- Financial charges -€19,522
down €19,522 (-99.4%), from €19,647 to €125
- Other operating charges -€2,558
down €2,558 (-81.2%), from €3,149 to €591
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 | €132,157 | €92,344 | -€39,814 | -30.1% |
| Fixed assets | 21/28 | €11,784 | €7,061 | -€4,723 | -40.1% |
| Tangible fixed assets | 22/27 | €11,784 | €7,061 | -€4,723 | -40.1% |
| Plant, machinery and equipment | 23 | €4,004 | €1,322 | -€2,682 | -67.0% |
| Furniture and vehicles | 24 | €0 | €794 | +€794 | |
| Other tangible fixed assets | 26 | €7,780 | €4,945 | -€2,836 | -36.4% |
| Current assets | 29/58 | €120,373 | €85,282 | -€35,091 | -29.2% |
| Amounts receivable within one year | 40/41 | €19,958 | €8,800 | -€11,158 | -55.9% |
| Trade receivables | 40 | €16,457 | €4,368 | -€12,089 | -73.5% |
| Other amounts receivable | 41 | €3,501 | €4,433 | +€932 | +26.6% |
| Current investments | 50/53 | €59,279 | €39,562 | -€19,717 | -33.3% |
| Cash at bank and in hand | 54/58 | €41,137 | €36,920 | -€4,217 | -10.3% |
| Total equity and liabilities | 10/49 | €132,157 | €92,344 | -€39,814 | -30.1% |
| Equity | 10/15 | -€71,439 | -€69,184 | +€2,254 | +3.2% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€91,890 | -€89,636 | +€2,254 | +2.5% |
| Provisions and deferred taxes | 16 | €58,500 | €50,000 | -€8,500 | -14.5% |
| Provisions for liabilities and charges | 160/5 | €58,500 | €50,000 | -€8,500 | -14.5% |
| Pensions and similar obligations | 160 | €50,000 | €50,000 | = | 0.0% |
| Major repairs and maintenance | 162 | €8,500 | - | -€8,500 | |
| Amounts payable | 17/49 | €145,096 | €111,528 | -€33,568 | -23.1% |
| Amounts payable after more than one year | 17 | €80,000 | €80,000 | = | 0.0% |
| Financial debts | 170/4 | €80,000 | €80,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €65,096 | €31,528 | -€33,568 | -51.6% |
| Trade debts | 44 | €5,405 | €901 | -€4,504 | -83.3% |
| Suppliers | 440/4 | €5,405 | €901 | -€4,504 | -83.3% |
| Taxes, remuneration and social security | 45 | €3,643 | €3,643 | = | 0.0% |
| Taxes | 450/3 | €3,643 | €3,643 | = | 0.0% |
| Other amounts payable | 47/48 | €56,048 | €26,984 | -€29,064 | -51.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,665 | €4,723 | -€1,943 | -29.1% |
| Other operating charges | 640/8 | €3,149 | €591 | -€2,558 | -81.2% |
| Non-recurring operating charges | 66A | €2,054 | - | -€2,054 | |
| Gross operating margin | 9900 | €51,454 | -€5,022 | -€56,476 | |
| Operating profit (loss) | 9901 | €39,586 | -€10,335 | -€49,921 | |
| Financial income | 75/76B | €29,593 | €3,581 | -€26,012 | -87.9% |
| Recurring financial income | 75 | €29,593 | €3,581 | -€26,012 | -87.9% |
| Financial charges | 65/66B | €19,647 | €125 | -€19,522 | -99.4% |
| Recurring financial charges | 65 | €19,647 | €125 | -€19,522 | -99.4% |
| Profit (loss) for the period before taxes | 9903 | €49,532 | -€6,879 | -€56,410 | |
| Transfer from deferred taxes | 780 | - | €8,500 | +€8,500 | |
| Income taxes | 67/77 | €63,738 | -€633 | -€64,371 | |
| Profit (loss) for the period | 9904 | -€14,207 | €2,254 | +€16,461 | |
| Transfer from tax-exempt reserves | 789 | €2,000 | - | -€2,000 | |
| Profit (loss) for the period to be appropriated | 9905 | -€12,207 | €2,254 | +€14,461 |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.