CONSTANT SOFTWARE SYSTEMS: 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.
CONSTANT SOFTWARE SYSTEMS
Largest movements
- Receivables within one year -€13,190
down €13,190 (-76.1%), from €17,339 to €4,149
- Current investments +€5,948
up €5,948 (+4.5%), from €132,052 to €138,000
- Cash -€2,887
down €2,887 (-34.6%), from €8,350 to €5,463
mainly Contributions, distributions and other (-€30,371) and Current investments (-€5,948)
- Reserves -€30,371
down €30,371 (-22.6%), from €134,579 to €104,208
- Other debts +€16,518
up €16,518 (+119.2%), from €13,853 to €30,371
- Profit (loss) carried forward +€12,635
new in 2026: €12,635
- Tax, wage and social debts -€4,094
down €4,094 (-60.1%), from €6,812 to €2,719
- Trade debts -€2,563
down €2,563 (-78.7%), from €3,255 to €692
- Gross operating margin -€25,230
down €25,230 (-60.2%), from €41,919 to €16,688
- Financial income +€10,154
up €10,154 (+1380.1%), from €736 to €10,890
- Taxes -€6,186
down €6,186 (-49.4%), from €12,534 to €6,348
- Financial charges +€3,839
up €3,839 (+140.8%), from €2,727 to €6,566
- Depreciation -€678
down €678 (-30.7%), from €2,208 to €1,530
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €160,650 | €150,625 | -€10,025 | -6.2% |
| Fixed assets | 21/28 | €2,909 | €3,012 | +€104 | +3.6% |
| Tangible fixed assets | 22/27 | €2,909 | €3,012 | +€104 | +3.6% |
| Furniture and vehicles | 24 | €2,909 | €3,012 | +€104 | +3.6% |
| Current assets | 29/58 | €157,741 | €147,612 | -€10,129 | -6.4% |
| Amounts receivable within one year | 40/41 | €17,339 | €4,149 | -€13,190 | -76.1% |
| Trade receivables | 40 | €17,339 | €4,149 | -€13,190 | -76.1% |
| Current investments | 50/53 | €132,052 | €138,000 | +€5,948 | +4.5% |
| Cash at bank and in hand | 54/58 | €8,350 | €5,463 | -€2,887 | -34.6% |
| Total equity and liabilities | 10/49 | €160,650 | €150,625 | -€10,025 | -6.2% |
| Equity | 10/15 | €134,579 | €116,842 | -€17,737 | -13.2% |
| Reserves | 13 | €134,579 | €104,208 | -€30,371 | -22.6% |
| Distributable reserves | 133 | €134,579 | €104,208 | -€30,371 | -22.6% |
| Profit (loss) carried forward | 14 | - | €12,635 | +€12,635 | |
| Amounts payable | 17/49 | €26,071 | €33,782 | +€7,711 | +29.6% |
| Amounts payable within one year | 42/48 | €26,071 | €33,782 | +€7,711 | +29.6% |
| Trade debts | 44 | €3,255 | €692 | -€2,563 | -78.7% |
| Suppliers | 440/4 | €3,255 | €692 | -€2,563 | -78.7% |
| Advances received on contracts in progress | 46 | €2,150 | - | -€2,150 | |
| Taxes, remuneration and social security | 45 | €6,812 | €2,719 | -€4,094 | -60.1% |
| Taxes | 450/3 | €6,812 | €2,719 | -€4,094 | -60.1% |
| Other amounts payable | 47/48 | €13,853 | €30,371 | +€16,518 | +119.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,208 | €1,530 | -€678 | -30.7% |
| Other operating charges | 640/8 | €498 | €501 | +€3 | +0.6% |
| Gross operating margin | 9900 | €41,919 | €16,688 | -€25,230 | -60.2% |
| Operating profit (loss) | 9901 | €39,213 | €14,658 | -€24,555 | -62.6% |
| Financial income | 75/76B | €736 | €10,890 | +€10,154 | +1380.1% |
| Recurring financial income | 75 | €736 | €10,890 | +€10,154 | +1380.1% |
| Financial charges | 65/66B | €2,727 | €6,566 | +€3,839 | +140.8% |
| Recurring financial charges | 65 | €2,727 | €6,566 | +€3,839 | +140.8% |
| Profit (loss) for the period before taxes | 9903 | €37,222 | €18,982 | -€18,239 | -49.0% |
| Income taxes | 67/77 | €12,534 | €6,348 | -€6,186 | -49.4% |
| Profit (loss) for the period | 9904 | €24,688 | €12,635 | -€12,053 | -48.8% |
| Profit (loss) for the period to be appropriated | 9905 | €24,688 | €12,635 | -€12,053 | -48.8% |
Source: filed annual accounts (NBB), financial years ended 30 June 2025 and 30 June 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.