BUILD-SOFTWARE: 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.
What changed
BUILD-SOFTWARE
NACE 62.100, Computer programming
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€12,217
2024 · -€146,851+€134,634
Equity
€1.0m
2024 · €1.0m-€12,217
Cash
€244,717
2024 · €238,200+€6,517
Balance sheet total
€2.3m
2024 · €2.3m-€48,158
Largest movements
Assets
- Receivables within one year -€94,719
down €94,719 (-9.9%), from €957,779 to €863,060
of which Trade receivables: -€48,824
- Deferred charges and accrued income +€28,949
up €28,949 (+166.0%), from €17,434 to €46,383
Equity and liabilities
- Current portion of long-term debt -€369,676
down €369,676 (-98.0%), from €377,209 to €7,533
- Short-term financial debts +€281,081
up €281,081 (+252.4%), from €111,343 to €392,424
- Accrued charges and deferred income +€190,947
up €190,947 (+201.9%), from €94,569 to €285,517
- Tax, wage and social debts -€86,278
down €86,278 (-34.6%), from €249,464 to €163,186
of which Remuneration and social security: -€76,060
- Trade debts -€52,197
down €52,197 (-12.5%), from €415,952 to €363,755
Income statement
- Staff costs -€432,406
down €432,406 (-26.7%), from €1.6m to €1.2m
- Gross operating margin -€310,179
down €310,179 (-19.7%), from €1.6m to €1.3m
- Other operating charges +€39,746
up €39,746 (+1015.1%), from €3,916 to €43,662
- Write-downs -€19,157
down €19,157 (-100.0%), from €19,157 to €0
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.
Result 2024
-€146,851
Gross operating margin
-€310,179
Staff costs
+€432,406
Depreciation
+€7,767
Write-downs
+€19,157
Other operating charges
-€39,746
Other operating items
+€12,000
Financial income
-€15
Financial charges
+€11,963
Taxes
+€1,281
Result 2025
-€12,217
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.
From operations
+€139,136
Investment
-€36,492
Financing
-€96,128
Cash 2024
€238,200
From operations (derived)
+€139,136
Net result for the year
-€12,217
Depreciation
+€25,396
Receivables within one year
+€94,719
Deferred charges and accrued income
-€28,949
Trade debts
-€52,197
Tax, wage and social debts
-€86,278
Advances received
+€7,715
Accrued charges and deferred income
+€190,947
Investment (derived)
-€36,492
Investment in fixed assets (net)
-€36,485
Current investments
-€7
Financing
-€96,128
Debts after one year
-€7,533
Current portion of long-term debt
-€369,676
Short-term financial debts
+€281,081
Cash 2025
€244,717
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,329,046 | €2,280,889 | -€48,158 | -2.1% |
| Fixed assets | 21/28 | €1,115,155 | €1,126,244 | +€11,089 | +1.0% |
| Intangible fixed assets | 21 | €1,070,157 | €1,070,157 | = | 0.0% |
| Tangible fixed assets | 22/27 | €44,998 | €56,087 | +€11,089 | +24.6% |
| Plant, machinery and equipment | 23 | €2,683 | €21,157 | +€18,475 | +688.7% |
| Furniture and vehicles | 24 | €32,181 | €29,827 | -€2,354 | -7.3% |
| Other tangible fixed assets | 26 | €10,134 | €5,103 | -€5,031 | -49.6% |
| Current assets | 29/58 | €1,213,892 | €1,154,645 | -€59,247 | -4.9% |
| Amounts receivable within one year | 40/41 | €957,779 | €863,060 | -€94,719 | -9.9% |
| Trade receivables | 40 | €911,884 | €863,060 | -€48,824 | -5.4% |
| Other amounts receivable | 41 | €45,895 | €0 | -€45,895 | -100.0% |
| Current investments | 50/53 | €478 | €485 | +€7 | +1.4% |
| Cash at bank and in hand | 54/58 | €238,200 | €244,717 | +€6,517 | +2.7% |
| Deferred charges and accrued income | 490/1 | €17,434 | €46,383 | +€28,949 | +166.0% |
| Total equity and liabilities | 10/49 | €2,329,046 | €2,280,889 | -€48,158 | -2.1% |
| Equity | 10/15 | €1,046,229 | €1,034,013 | -€12,217 | -1.2% |
| Contributions | 10/11 | €775,172 | €775,172 | = | 0.0% |
| Reserves | 13 | €271,058 | €258,841 | -€12,217 | -4.5% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Tax-exempt reserves | 132 | €6,241 | €8,070 | +€1,829 | +29.3% |
| Distributable reserves | 133 | €262,957 | €248,912 | -€14,045 | -5.3% |
| Amounts payable | 17/49 | €1,282,817 | €1,246,876 | -€35,941 | -2.8% |
| Amounts payable after more than one year | 17 | €20,842 | €13,309 | -€7,533 | -36.1% |
| Financial debts | 170/4 | €20,842 | €13,309 | -€7,533 | -36.1% |
| Amounts payable within one year | 42/48 | €1,167,405 | €948,050 | -€219,355 | -18.8% |
| Current portion of amounts payable after more than one year | 42 | €377,209 | €7,533 | -€369,676 | -98.0% |
| Financial debts | 43 | €111,343 | €392,424 | +€281,081 | +252.4% |
| Credit institutions | 430/8 | €111,343 | €392,424 | +€281,081 | +252.4% |
| Trade debts | 44 | €415,952 | €363,755 | -€52,197 | -12.5% |
| Suppliers | 440/4 | €415,952 | €363,755 | -€52,197 | -12.5% |
| Advances received on contracts in progress | 46 | €13,438 | €21,153 | +€7,715 | +57.4% |
| Taxes, remuneration and social security | 45 | €249,464 | €163,186 | -€86,278 | -34.6% |
| Taxes | 450/3 | €28,873 | €18,654 | -€10,218 | -35.4% |
| Remuneration and social security | 454/9 | €220,591 | €144,531 | -€76,060 | -34.5% |
| Accrued charges and deferred income | 492/3 | €94,569 | €285,517 | +€190,947 | +201.9% |
| Non-recurring operating income | 76A | €56,286 | €44,135 | -€12,151 | -21.6% |
| Remuneration, social security and pensions | 62 | €1,621,025 | €1,188,619 | -€432,406 | -26.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,163 | €25,396 | -€7,767 | -23.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €19,157 | €0 | -€19,157 | -100.0% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €0 | - | = | |
| Other operating charges | 640/8 | €3,916 | €43,662 | +€39,746 | +1015.1% |
| Non-recurring operating charges | 66A | €12,000 | €0 | -€12,000 | -100.0% |
| Gross operating margin | 9900 | €1,574,943 | €1,264,764 | -€310,179 | -19.7% |
| Operating profit (loss) | 9901 | -€114,318 | €7,088 | +€121,406 | |
| Financial income | 75/76B | €25 | €10 | -€15 | -60.8% |
| Recurring financial income | 75 | €25 | €10 | -€15 | -60.8% |
| Financial charges | 65/66B | €28,453 | €16,490 | -€11,963 | -42.0% |
| Recurring financial charges | 65 | €28,453 | €16,490 | -€11,963 | -42.0% |
| Profit (loss) for the period before taxes | 9903 | -€142,746 | -€9,392 | +€133,354 | +93.4% |
| Income taxes | 67/77 | €4,105 | €2,824 | -€1,281 | -31.2% |
| Profit (loss) for the period | 9904 | -€146,851 | -€12,217 | +€134,634 | +91.7% |
| Transfer to tax-exempt reserves | 689 | €1,829 | €1,829 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€148,680 | -€14,045 | +€134,634 | +90.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.