ENTER SOFTWARE DEVELOPMENT: 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.
ENTER SOFTWARE DEVELOPMENT
Largest movements
- Receivables within one year -€46,617
down €46,617 (-63.8%), from €73,043 to €26,426
of which Other amounts receivable: -€46,956
- Cash +€14,206
up €14,206 (+57.2%), from €24,844 to €39,050
mainly Receivables within one year (+€46,617) and Net result for the year (+€32,048)
- Current investments +€7,016
up €7,016 (+4.6%), from €151,171 to €158,186
- Reserves -€24,388
down €24,388 (-10.2%), from €238,028 to €213,640
- Gross operating margin +€6,708
up €6,708 (+16.2%), from €41,296 to €48,004
- Taxes +€2,470
up €2,470 (+18.3%), from €13,525 to €15,995
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 | €302,896 | €278,217 | -€24,679 | -8.1% |
| Fixed assets | 21/28 | €220 | €1,198 | +€978 | +444.3% |
| Tangible fixed assets | 22/27 | €220 | €1,198 | +€978 | +444.3% |
| Plant, machinery and equipment | 23 | €220 | €1,198 | +€978 | +444.3% |
| Current assets | 29/58 | €302,676 | €277,019 | -€25,657 | -8.5% |
| Amounts receivable after more than one year | 29 | €50,000 | €50,000 | = | 0.0% |
| Other amounts receivable | 291 | €50,000 | €50,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €73,043 | €26,426 | -€46,617 | -63.8% |
| Trade receivables | 40 | €7,115 | €7,454 | +€339 | +4.8% |
| Other amounts receivable | 41 | €65,928 | €18,972 | -€46,956 | -71.2% |
| Current investments | 50/53 | €151,171 | €158,186 | +€7,016 | +4.6% |
| Cash at bank and in hand | 54/58 | €24,844 | €39,050 | +€14,206 | +57.2% |
| Deferred charges and accrued income | 490/1 | €3,618 | €3,357 | -€261 | -7.2% |
| Total equity and liabilities | 10/49 | €302,896 | €278,217 | -€24,679 | -8.1% |
| Equity | 10/15 | €282,553 | €258,165 | -€24,388 | -8.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €238,028 | €213,640 | -€24,388 | -10.2% |
| Distributable reserves | 133 | €238,028 | €213,640 | -€24,388 | -10.2% |
| Profit (loss) carried forward | 14 | €25,925 | €25,925 | = | 0.0% |
| Amounts payable | 17/49 | €20,342 | €20,052 | -€291 | -1.4% |
| Amounts payable within one year | 42/48 | €19,442 | €19,152 | -€291 | -1.5% |
| Current portion of amounts payable after more than one year | 42 | €2,500 | - | -€2,500 | |
| Taxes, remuneration and social security | 45 | €16,942 | €19,152 | +€2,209 | +13.0% |
| Taxes | 450/3 | €16,942 | €19,152 | +€2,209 | +13.0% |
| Accrued charges and deferred income | 492/3 | €900 | €900 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €297 | €342 | +€45 | +15.2% |
| Other operating charges | 640/8 | €459 | €390 | -€69 | -15.0% |
| Gross operating margin | 9900 | €41,296 | €48,004 | +€6,708 | +16.2% |
| Operating profit (loss) | 9901 | €40,540 | €47,271 | +€6,732 | +16.6% |
| Financial income | 75/76B | €837 | €900 | +€63 | +7.5% |
| Recurring financial income | 75 | €837 | €900 | +€63 | +7.5% |
| Financial charges | 65/66B | €249 | €129 | -€121 | -48.5% |
| Recurring financial charges | 65 | €249 | €129 | -€121 | -48.5% |
| Profit (loss) for the period before taxes | 9903 | €41,127 | €48,043 | +€6,916 | +16.8% |
| Income taxes | 67/77 | €13,525 | €15,995 | +€2,470 | +18.3% |
| Profit (loss) for the period | 9904 | €27,603 | €32,048 | +€4,445 | +16.1% |
| Profit (loss) for the period to be appropriated | 9905 | €27,603 | €32,048 | +€4,445 | +16.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.