BUSINESS APPLICATION SOFTWARE AND SERVICES: 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.
BUSINESS APPLICATION SOFTWARE AND SERVICES
Largest movements
- Financial fixed assets +€14,500
up €14,500 (+78.4%), from €18,500 to €33,000
- Tangible fixed assets -€11,050
down €11,050 (-50.0%), from €22,100 to €11,050
- Cash +€10,669
up €10,669 (+1,421%), from €751 to €11,420
mainly Net result for the year (+€21,118) and Other debts (+€12,704)
- Receivables within one year +€6,580
up €6,580 (+21.8%), from €30,141 to €36,720
of which Other amounts receivable: +€29,087
- Reserves +€19,518
up €19,518 (+52.0%), from €37,516 to €57,034
of which Distributable reserves: +€19,518
- Other debts +€12,704
up €12,704 (+250%), from €5,086 to €17,790
- Debts after one year -€10,163
down €10,163 (-10.0%), from €101,145 to €90,983
of which Financial debts: -€10,163
- Tax, wage and social debts +€2,547
up €2,547 (+38.6%), from €6,604 to €9,151
- Trade debts -€2,175
down €2,175 (-11.9%), from €18,277 to €16,102
- Turnover +€82,000
new in 2022: €82,000
- Purchases and services +€40,203
new in 2022: €40,203
- Gross operating margin +€28,153
up €28,153 (+167%), from €16,870 to €45,023
- Taxes +€9,762
up €9,762 (+928%), from €1,052 to €10,815
- Financial income +€1,302
up €1,302 (+3,256,075%), from €0 to €1,302
From the 2021 result to the 2022 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 2021 and 2022 balance sheets and the 2022 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2021 | 2022 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €186,676 | €209,202 | +€22,526 | +12.1% |
| Fixed assets | 21/28 | €40,600 | €44,050 | +€3,450 | +8.5% |
| Tangible fixed assets | 22/27 | €22,100 | €11,050 | -€11,050 | -50.0% |
| Furniture and vehicles | 24 | €22,100 | €11,050 | -€11,050 | -50.0% |
| Financial fixed assets | 28 | €18,500 | €33,000 | +€14,500 | +78.4% |
| Current assets | 29/58 | €146,076 | €165,152 | +€19,076 | +13.1% |
| Amounts receivable after more than one year | 29 | €115,000 | €115,000 | = | 0.0% |
| Other amounts receivable | 291 | €115,000 | €115,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €30,141 | €36,720 | +€6,580 | +21.8% |
| Trade receivables | 40 | €27,507 | €5,000 | -€22,507 | -81.8% |
| Other amounts receivable | 41 | €2,634 | €31,720 | +€29,087 | +1,104% |
| Cash at bank and in hand | 54/58 | €751 | €11,420 | +€10,669 | +1,421% |
| Deferred charges and accrued income | 490/1 | €184 | €2,011 | +€1,827 | +991% |
| Total equity and liabilities | 10/49 | €186,676 | €209,202 | +€22,526 | +12.1% |
| Equity | 10/15 | €43,716 | €63,234 | +€19,518 | +44.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €37,516 | €57,034 | +€19,518 | +52.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €35,656 | €55,174 | +€19,518 | +54.7% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €142,960 | €145,967 | +€3,008 | +2.1% |
| Amounts payable after more than one year | 17 | €101,145 | €90,983 | -€10,163 | -10.0% |
| Financial debts | 170/4 | €16,145 | €5,983 | -€10,163 | -62.9% |
| Other amounts payable | 178/9 | €85,000 | €85,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €40,014 | €53,206 | +€13,192 | +33.0% |
| Current portion of amounts payable after more than one year | 42 | €10,047 | €10,163 | +€116 | +1.2% |
| Trade debts | 44 | €18,277 | €16,102 | -€2,175 | -11.9% |
| Suppliers | 440/4 | €18,277 | €16,102 | -€2,175 | -11.9% |
| Taxes, remuneration and social security | 45 | €6,604 | €9,151 | +€2,547 | +38.6% |
| Taxes | 450/3 | €6,604 | €9,151 | +€2,547 | +38.6% |
| Other amounts payable | 47/48 | €5,086 | €17,790 | +€12,704 | +250% |
| Accrued charges and deferred income | 492/3 | €1,801 | €1,779 | -€22 | -1.2% |
| Turnover | 70 | - | €82,000 | +€82,000 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €40,203 | +€40,203 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,050 | €11,050 | = | 0.0% |
| Other operating charges | 640/8 | €1,437 | €933 | -€505 | -35.1% |
| Gross operating margin | 9900 | €16,870 | €45,023 | +€28,153 | +167% |
| Operating profit (loss) | 9901 | €4,382 | €33,040 | +€28,658 | +654% |
| Financial income | 75/76B | €0 | €1,302 | +€1,302 | +3,256,075% |
| Recurring financial income | 75 | €0 | €1,302 | +€1,302 | +3,256,075% |
| Financial charges | 65/66B | €2,368 | €2,410 | +€42 | +1.8% |
| Recurring financial charges | 65 | €2,368 | €2,410 | +€42 | +1.8% |
| Profit (loss) for the period before taxes | 9903 | €2,015 | €31,933 | +€29,918 | +1,485% |
| Income taxes | 67/77 | €1,052 | €10,815 | +€9,762 | +928% |
| Profit (loss) for the period | 9904 | €962 | €21,118 | +€20,156 | +2,094% |
| Profit (loss) for the period to be appropriated | 9905 | €962 | €21,118 | +€20,156 | +2,094% |
Source: filed annual accounts (NBB), financial years ended 31 December 2021 and 31 December 2022. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.