Fredsoft: 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.
Fredsoft
Largest movements
- Current investments +€50,000
new in 2025: €50,000
- Cash +€19,754
up €19,754 (+67.8%), from €29,124 to €48,879
mainly Net result for the year (+€69,780) and Tax, wage and social debts (+€17,541)
- Receivables within one year +€11,586
up €11,586 (+38620.0%), from €30 to €11,616
- Tangible fixed assets +€11,012
new in 2025: €11,012
of which Other tangible fixed assets: +€6,924
- Profit (loss) carried forward +€69,780
up €69,780 (+341.2%), from €20,452 to €90,232
- Tax, wage and social debts +€17,541
up €17,541 (+174.0%), from €10,080 to €27,621
- Trade debts +€4,901
new in 2025: €4,901
- Gross operating margin +€65,069
up €65,069 (+254.5%), from €25,572 to €90,640
- Taxes +€13,177
up €13,177 (+257.7%), from €5,113 to €18,290
- Depreciation +€1,994
new in 2025: €1,994
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 | €32,532 | €124,980 | +€92,449 | +284.2% |
| Fixed assets | 21/28 | - | €11,012 | +€11,012 | |
| Tangible fixed assets | 22/27 | - | €11,012 | +€11,012 | |
| Furniture and vehicles | 24 | - | €4,088 | +€4,088 | |
| Other tangible fixed assets | 26 | - | €6,924 | +€6,924 | |
| Current assets | 29/58 | €32,532 | €113,969 | +€81,437 | +250.3% |
| Amounts receivable within one year | 40/41 | €30 | €11,616 | +€11,586 | +38620.0% |
| Trade receivables | 40 | €30 | €11,616 | +€11,586 | +38620.0% |
| Current investments | 50/53 | - | €50,000 | +€50,000 | |
| Cash at bank and in hand | 54/58 | €29,124 | €48,879 | +€19,754 | +67.8% |
| Deferred charges and accrued income | 490/1 | €3,377 | €3,474 | +€97 | +2.9% |
| Total equity and liabilities | 10/49 | €32,532 | €124,980 | +€92,449 | +284.2% |
| Equity | 10/15 | €22,452 | €92,232 | +€69,780 | +310.8% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €20,452 | €90,232 | +€69,780 | +341.2% |
| Amounts payable | 17/49 | €10,080 | €32,748 | +€22,668 | +224.9% |
| Amounts payable within one year | 42/48 | €10,080 | €32,580 | +€22,500 | +223.2% |
| Trade debts | 44 | - | €4,901 | +€4,901 | |
| Suppliers | 440/4 | - | €4,901 | +€4,901 | |
| Taxes, remuneration and social security | 45 | €10,080 | €27,621 | +€17,541 | +174.0% |
| Taxes | 450/3 | €10,080 | €27,621 | +€17,541 | +174.0% |
| Other amounts payable | 47/48 | - | €58 | +€58 | |
| Accrued charges and deferred income | 492/3 | - | €168 | +€168 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €1,994 | +€1,994 | |
| Other operating charges | 640/8 | - | €506 | +€506 | |
| Gross operating margin | 9900 | €25,572 | €90,640 | +€65,069 | +254.5% |
| Operating profit (loss) | 9901 | €25,572 | €88,141 | +€62,569 | +244.7% |
| Financial charges | 65/66B | €7 | €70 | +€64 | +946.4% |
| Recurring financial charges | 65 | €7 | €70 | +€64 | +946.4% |
| Profit (loss) for the period before taxes | 9903 | €25,565 | €88,070 | +€62,505 | +244.5% |
| Income taxes | 67/77 | €5,113 | €18,290 | +€13,177 | +257.7% |
| Profit (loss) for the period | 9904 | €20,452 | €69,780 | +€49,328 | +241.2% |
| Profit (loss) for the period to be appropriated | 9905 | €20,452 | €69,780 | +€49,328 | +241.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.