CORE BUSINESS SOFTWARE: 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.
CORE BUSINESS SOFTWARE
Largest movements
- Stocks and contracts +€165,243
up €165,243 (+66.8%), from €247,232 to €412,475
- Receivables within one year +€17,766
up €17,766 (+37.9%), from €46,899 to €64,665
of which Trade receivables: +€14,918
- Tangible fixed assets -€15,594
down €15,594 (-32.6%), from €47,766 to €32,172
of which Furniture and vehicles: -€11,016
- Debts after one year +€114,745
up €114,745 (+55.5%), from €206,780 to €321,525
- Reserves +€44,644
up €44,644 (+55.9%), from €79,925 to €124,569
- Tax, wage and social debts +€20,653
up €20,653 (+194%), from €10,627 to €31,281
of which Taxes: +€13,151
- Other debts -€18,135
down €18,135 (-30.1%), from €60,334 to €42,198
- Gross operating margin +€67,462
up €67,462 (+71.8%), from €93,942 to €161,403
- Staff costs +€17,662
up €17,662 (+41.5%), from €42,516 to €60,177
- Taxes +€12,796
up €12,796 (+233%), from €5,492 to €18,288
- Financial charges +€5,710
up €5,710 (+43.8%), from €13,039 to €18,749
- Other operating charges -€2,907
down €2,907 (-72.0%), from €4,036 to €1,129
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 | €396,821 | €570,070 | +€173,248 | +43.7% |
| Fixed assets | 21/28 | €54,234 | €40,400 | -€13,834 | -25.5% |
| Intangible fixed assets | 21 | €6,463 | €8,223 | +€1,760 | +27.2% |
| Tangible fixed assets | 22/27 | €47,766 | €32,172 | -€15,594 | -32.6% |
| Land and buildings | 22 | €25,561 | €21,648 | -€3,913 | -15.3% |
| Plant, machinery and equipment | 23 | €4,385 | €3,720 | -€665 | -15.2% |
| Furniture and vehicles | 24 | €17,820 | €6,803 | -€11,016 | -61.8% |
| Financial fixed assets | 28 | €5 | €5 | = | 0.0% |
| Current assets | 29/58 | €342,588 | €529,670 | +€187,082 | +54.6% |
| Amounts receivable after more than one year | 29 | €10,000 | €10,000 | = | 0.0% |
| Other amounts receivable | 291 | €10,000 | €10,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €247,232 | €412,475 | +€165,243 | +66.8% |
| Stocks | 30/36 | €247,232 | €412,475 | +€165,243 | +66.8% |
| Amounts receivable within one year | 40/41 | €46,899 | €64,665 | +€17,766 | +37.9% |
| Trade receivables | 40 | €40,530 | €55,447 | +€14,918 | +36.8% |
| Other amounts receivable | 41 | €6,369 | €9,218 | +€2,849 | +44.7% |
| Cash at bank and in hand | 54/58 | €35,973 | €39,407 | +€3,434 | +9.5% |
| Deferred charges and accrued income | 490/1 | €2,484 | €3,123 | +€639 | +25.7% |
| Total equity and liabilities | 10/49 | €396,821 | €570,070 | +€173,248 | +43.7% |
| Equity | 10/15 | €84,925 | €129,569 | +€44,644 | +52.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €79,925 | €124,569 | +€44,644 | +55.9% |
| Distributable reserves | 133 | €79,925 | €124,569 | +€44,644 | +55.9% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €311,896 | €440,500 | +€128,604 | +41.2% |
| Amounts payable after more than one year | 17 | €206,780 | €321,525 | +€114,745 | +55.5% |
| Financial debts | 170/4 | €206,780 | €321,525 | +€114,745 | +55.5% |
| Amounts payable within one year | 42/48 | €101,821 | €115,484 | +€13,663 | +13.4% |
| Current portion of amounts payable after more than one year | 42 | €11,953 | €16,096 | +€4,143 | +34.7% |
| Financial debts | 43 | €3,780 | €8,082 | +€4,302 | +114% |
| Credit institutions | 430/8 | €3,780 | €8,082 | +€4,302 | +114% |
| Trade debts | 44 | €15,127 | €17,827 | +€2,700 | +17.8% |
| Suppliers | 440/4 | €15,127 | €17,827 | +€2,700 | +17.8% |
| Taxes, remuneration and social security | 45 | €10,627 | €31,281 | +€20,653 | +194% |
| Taxes | 450/3 | €7,040 | €20,191 | +€13,151 | +187% |
| Remuneration and social security | 454/9 | €3,588 | €11,090 | +€7,502 | +209% |
| Other amounts payable | 47/48 | €60,334 | €42,198 | -€18,135 | -30.1% |
| Accrued charges and deferred income | 492/3 | €3,295 | €3,491 | +€196 | +6.0% |
| Remuneration, social security and pensions | 62 | €42,516 | €60,177 | +€17,662 | +41.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,757 | €19,005 | +€1,248 | +7.0% |
| Other operating charges | 640/8 | €4,036 | €1,129 | -€2,907 | -72.0% |
| Gross operating margin | 9900 | €93,942 | €161,403 | +€67,462 | +71.8% |
| Operating profit (loss) | 9901 | €29,633 | €81,092 | +€51,459 | +174% |
| Financial income | 75/76B | €545 | €590 | +€45 | +8.2% |
| Recurring financial income | 75 | €545 | €590 | +€45 | +8.2% |
| Financial charges | 65/66B | €13,039 | €18,749 | +€5,710 | +43.8% |
| Recurring financial charges | 65 | €13,039 | €18,749 | +€5,710 | +43.8% |
| Profit (loss) for the period before taxes | 9903 | €17,139 | €62,932 | +€45,793 | +267% |
| Income taxes | 67/77 | €5,492 | €18,288 | +€12,796 | +233% |
| Profit (loss) for the period | 9904 | €11,647 | €44,644 | +€32,997 | +283% |
| Profit (loss) for the period to be appropriated | 9905 | €11,647 | €44,644 | +€32,997 | +283% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.