EXPERT SOFTWARE SYSTEMS: 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.
EXPERT SOFTWARE SYSTEMS
Largest movements
- Cash -€8,664
down €8,664 (-41.5%), from €20,881 to €12,218
mainly Net result for the year (-€41,843) and Trade debts (-€1,607)
- Tangible fixed assets -€6,347
down €6,347 (-1.7%), from €378,942 to €372,595
of which Land and buildings: -€3,193
- Profit (loss) carried forward -€41,843
down €41,843 (-48.8%), from -€85,804 to -€127,647
- Debts after one year +€29,571
up €29,571 (+16.9%), from €174,764 to €204,335
of which Other amounts payable: +€45,725
- Gross operating margin -€18,372
down €18,372 (-1079.0%), from -€1,703 to -€20,075
- Depreciation -€12,659
down €12,659 (-66.6%), from €19,007 to €6,347
- Financial charges -€269
down €269 (-5.8%), from €4,629 to €4,360
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 | €517,618 | €504,004 | -€13,614 | -2.6% |
| Fixed assets | 21/28 | €378,942 | €372,595 | -€6,347 | -1.7% |
| Tangible fixed assets | 22/27 | €378,942 | €372,595 | -€6,347 | -1.7% |
| Land and buildings | 22 | €363,172 | €359,979 | -€3,193 | -0.9% |
| Plant, machinery and equipment | 23 | €15,771 | €12,616 | -€3,154 | -20.0% |
| Current assets | 29/58 | €138,676 | €131,409 | -€7,267 | -5.2% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Other amounts receivable | 291 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €113,075 | €112,874 | -€201 | -0.2% |
| Other amounts receivable | 41 | €113,075 | €112,874 | -€201 | -0.2% |
| Cash at bank and in hand | 54/58 | €20,881 | €12,218 | -€8,664 | -41.5% |
| Deferred charges and accrued income | 490/1 | €4,720 | €6,318 | +€1,598 | +33.9% |
| Total equity and liabilities | 10/49 | €517,618 | €504,004 | -€13,614 | -2.6% |
| Equity | 10/15 | €302,757 | €260,913 | -€41,843 | -13.8% |
| Contributions | 10/11 | €346,419 | €346,419 | = | 0.0% |
| Capital | 10 | €346,419 | €346,419 | = | 0.0% |
| Issued capital | 100 | €346,419 | €346,419 | = | 0.0% |
| Reserves | 13 | €42,142 | €42,142 | = | 0.0% |
| Non-distributable reserves | 130/1 | €42,142 | €42,142 | = | 0.0% |
| Legal reserve | 130 | €42,142 | €42,142 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€85,804 | -€127,647 | -€41,843 | -48.8% |
| Amounts payable | 17/49 | €214,861 | €243,091 | +€28,229 | +13.1% |
| Amounts payable after more than one year | 17 | €174,764 | €204,335 | +€29,571 | +16.9% |
| Financial debts | 170/4 | €171,578 | €155,424 | -€16,153 | -9.4% |
| Other amounts payable | 178/9 | €3,186 | €48,911 | +€45,725 | +1435.1% |
| Amounts payable within one year | 42/48 | €40,097 | €38,755 | -€1,342 | -3.3% |
| Current portion of amounts payable after more than one year | 42 | €15,910 | €16,153 | +€244 | +1.5% |
| Trade debts | 44 | €14,224 | €12,616 | -€1,607 | -11.3% |
| Suppliers | 440/4 | €14,224 | €12,616 | -€1,607 | -11.3% |
| Taxes, remuneration and social security | 45 | €289 | €311 | +€21 | +7.4% |
| Taxes | 450/3 | €289 | €311 | +€21 | +7.4% |
| Other amounts payable | 47/48 | €9,675 | €9,675 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,007 | €6,347 | -€12,659 | -66.6% |
| Other operating charges | 640/8 | €11,103 | €11,061 | -€42 | -0.4% |
| Gross operating margin | 9900 | -€1,703 | -€20,075 | -€18,372 | -1079.0% |
| Operating profit (loss) | 9901 | -€31,812 | -€37,483 | -€5,671 | -17.8% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €4,629 | €4,360 | -€269 | -5.8% |
| Recurring financial charges | 65 | €4,629 | €4,360 | -€269 | -5.8% |
| Profit (loss) for the period before taxes | 9903 | -€36,441 | -€41,843 | -€5,402 | -14.8% |
| Profit (loss) for the period | 9904 | -€36,441 | -€41,843 | -€5,402 | -14.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€36,441 | -€41,843 | -€5,402 | -14.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.