G-Soft: 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.
G-Soft
Largest movements
- Receivables within one year +€29,574
up €29,574 (+38.0%), from €77,904 to €107,478
of which Trade receivables: +€33,275
- Cash -€17,738
down €17,738 (-50.2%), from €35,333 to €17,595
mainly Trade debts (-€42,849) and Receivables within one year (-€29,574)
- Deferred charges and accrued income -€13,781
down €13,781 (-59.9%), from €22,990 to €9,209
- Tangible fixed assets +€3,057
up €3,057 (+28.2%), from €10,855 to €13,913
of which Furniture and vehicles: +€3,336
- Trade debts -€42,849
down €42,849 (-79.4%), from €53,950 to €11,101
- Profit (loss) carried forward +€32,477
up €32,477 (+30.9%), from -€105,020 to -€72,543
- Tax, wage and social debts +€21,484
up €21,484 (+141%), from €15,207 to €36,692
of which Remuneration and social security: +€17,418
- Other debts -€9,960
down €9,960 (-7.5%), from €132,115 to €122,155
- Gross operating margin +€95,461
up €95,461 (+105%), from €90,861 to €186,322
- Staff costs +€38,216
up €38,216 (+38.1%), from €100,194 to €138,410
- Depreciation +€3,611
up €3,611 (+165%), from €2,190 to €5,800
- Financial charges +€3,410
up €3,410 (+272%), from €1,254 to €4,664
- Other operating charges +€3,137
up €3,137 (+251%), from €1,252 to €4,389
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 | €149,483 | €150,595 | +€1,113 | +0.7% |
| Fixed assets | 21/28 | €13,255 | €16,313 | +€3,057 | +23.1% |
| Tangible fixed assets | 22/27 | €10,855 | €13,913 | +€3,057 | +28.2% |
| Plant, machinery and equipment | 23 | €2,768 | €2,490 | -€278 | -10.1% |
| Furniture and vehicles | 24 | €8,087 | €11,423 | +€3,336 | +41.2% |
| Financial fixed assets | 28 | €2,400 | €2,400 | = | 0.0% |
| Current assets | 29/58 | €136,227 | €134,282 | -€1,945 | -1.4% |
| Amounts receivable within one year | 40/41 | €77,904 | €107,478 | +€29,574 | +38.0% |
| Trade receivables | 40 | €72,721 | €105,996 | +€33,275 | +45.8% |
| Other amounts receivable | 41 | €5,183 | €1,482 | -€3,701 | -71.4% |
| Cash at bank and in hand | 54/58 | €35,333 | €17,595 | -€17,738 | -50.2% |
| Deferred charges and accrued income | 490/1 | €22,990 | €9,209 | -€13,781 | -59.9% |
| Total equity and liabilities | 10/49 | €149,483 | €150,595 | +€1,113 | +0.7% |
| Equity | 10/15 | -€51,982 | -€19,506 | +€32,477 | +62.5% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €40,638 | €40,638 | = | 0.0% |
| Distributable reserves | 133 | €40,638 | €40,638 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€105,020 | -€72,543 | +€32,477 | +30.9% |
| Amounts payable | 17/49 | €201,465 | €170,101 | -€31,364 | -15.6% |
| Amounts payable within one year | 42/48 | €201,465 | €170,101 | -€31,364 | -15.6% |
| Financial debts | 43 | €193 | €154 | -€39 | -20.4% |
| Other loans | 439 | €193 | €154 | -€39 | -20.4% |
| Trade debts | 44 | €53,950 | €11,101 | -€42,849 | -79.4% |
| Suppliers | 440/4 | €53,950 | €11,101 | -€42,849 | -79.4% |
| Taxes, remuneration and social security | 45 | €15,207 | €36,692 | +€21,484 | +141% |
| Taxes | 450/3 | €8,282 | €12,348 | +€4,066 | +49.1% |
| Remuneration and social security | 454/9 | €6,926 | €24,344 | +€17,418 | +251% |
| Other amounts payable | 47/48 | €132,115 | €122,155 | -€9,960 | -7.5% |
| Remuneration, social security and pensions | 62 | €100,194 | €138,410 | +€38,216 | +38.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,190 | €5,800 | +€3,611 | +165% |
| Other operating charges | 640/8 | €1,252 | €4,389 | +€3,137 | +251% |
| Gross operating margin | 9900 | €90,861 | €186,322 | +€95,461 | +105% |
| Operating profit (loss) | 9901 | -€12,775 | €37,722 | +€50,497 | |
| Financial income | 75/76B | €0 | €0 | = | 0.0% |
| Recurring financial income | 75 | €0 | €0 | = | 0.0% |
| Financial charges | 65/66B | €1,254 | €4,664 | +€3,410 | +272% |
| Recurring financial charges | 65 | €1,254 | €4,664 | +€3,410 | +272% |
| Profit (loss) for the period before taxes | 9903 | -€14,028 | €33,059 | +€47,087 | |
| Income taxes | 67/77 | €796 | €582 | -€213 | -26.8% |
| Profit (loss) for the period | 9904 | -€14,824 | €32,477 | +€47,300 | |
| Profit (loss) for the period to be appropriated | 9905 | -€14,824 | €32,477 | +€47,300 |
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 13 October 2026 via checked.be.