GDSoft: 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.
GDSoft
Largest movements
- Cash +€27,650
new in 2025: €27,650
mainly Net result for the year (+€26,484) and Depreciation (+€8,950)
- Tangible fixed assets -€6,249
down €6,249 (-24.8%), from €25,193 to €18,945
of which Leasing and similar rights: -€7,652
- Receivables within one year +€1,216
up €1,216 (+4.3%), from €28,342 to €29,558
of which Trade receivables: +€3,216
- Reserves +€26,484
up €26,484 (+372.3%), from €7,114 to €33,597
- Debts after one year -€7,617
down €7,617 (-41.2%), from €18,487 to €10,871
- Tax, wage and social debts +€5,778
up €5,778 (+75.9%), from €7,616 to €13,394
- Short-term financial debts -€4,462
down €4,462 (-98.7%), from €4,521 to €59
- Other debts +€1,286
up €1,286 (+32.3%), from €3,987 to €5,273
- Gross operating margin +€35,154
up €35,154 (+260.5%), from €13,493 to €48,646
- Taxes +€9,900
up €9,900 (+1247.2%), from €794 to €10,694
- Financial charges -€774
down €774 (-32.2%), from €2,404 to €1,630
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 | €54,270 | €76,875 | +€22,605 | +41.7% |
| Formation expenses | 20 | €349 | €44 | -€305 | -87.5% |
| Fixed assets | 21/28 | €25,193 | €18,945 | -€6,249 | -24.8% |
| Tangible fixed assets | 22/27 | €25,193 | €18,945 | -€6,249 | -24.8% |
| Furniture and vehicles | 24 | €1,022 | €2,425 | +€1,403 | +137.3% |
| Leasing and similar rights | 25 | €24,172 | €16,520 | -€7,652 | -31.7% |
| Current assets | 29/58 | €28,727 | €57,887 | +€29,159 | +101.5% |
| Amounts receivable within one year | 40/41 | €28,342 | €29,558 | +€1,216 | +4.3% |
| Trade receivables | 40 | €26,136 | €29,352 | +€3,216 | +12.3% |
| Other amounts receivable | 41 | €2,206 | €206 | -€2,000 | -90.7% |
| Cash at bank and in hand | 54/58 | - | €27,650 | +€27,650 | |
| Deferred charges and accrued income | 490/1 | €385 | €678 | +€293 | +76.2% |
| Total equity and liabilities | 10/49 | €54,270 | €76,875 | +€22,605 | +41.7% |
| Equity | 10/15 | €12,114 | €38,597 | +€26,484 | +218.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €7,114 | €33,597 | +€26,484 | +372.3% |
| Distributable reserves | 133 | €7,114 | €33,597 | +€26,484 | +372.3% |
| Amounts payable | 17/49 | €42,156 | €38,278 | -€3,878 | -9.2% |
| Amounts payable after more than one year | 17 | €18,487 | €10,871 | -€7,617 | -41.2% |
| Financial debts | 170/4 | €18,487 | €10,871 | -€7,617 | -41.2% |
| Amounts payable within one year | 42/48 | €23,669 | €27,407 | +€3,739 | +15.8% |
| Current portion of amounts payable after more than one year | 42 | €7,274 | €7,617 | +€342 | +4.7% |
| Financial debts | 43 | €4,521 | €59 | -€4,462 | -98.7% |
| Credit institutions | 430/8 | €4,521 | €59 | -€4,462 | -98.7% |
| Trade debts | 44 | €271 | €1,064 | +€793 | +292.9% |
| Suppliers | 440/4 | €271 | €1,064 | +€793 | +292.9% |
| Taxes, remuneration and social security | 45 | €7,616 | €13,394 | +€5,778 | +75.9% |
| Taxes | 450/3 | €7,616 | €13,394 | +€5,778 | +75.9% |
| Other amounts payable | 47/48 | €3,987 | €5,273 | +€1,286 | +32.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,530 | €8,950 | +€420 | +4.9% |
| Other operating charges | 640/8 | €727 | €889 | +€162 | +22.2% |
| Gross operating margin | 9900 | €13,493 | €48,646 | +€35,154 | +260.5% |
| Operating profit (loss) | 9901 | €4,236 | €38,807 | +€34,572 | +816.2% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €2,404 | €1,630 | -€774 | -32.2% |
| Recurring financial charges | 65 | €2,404 | €1,630 | -€774 | -32.2% |
| Profit (loss) for the period before taxes | 9903 | €1,832 | €37,177 | +€35,345 | +1929.6% |
| Income taxes | 67/77 | €794 | €10,694 | +€9,900 | +1247.2% |
| Profit (loss) for the period | 9904 | €1,038 | €26,484 | +€25,446 | +2451.4% |
| Profit (loss) for the period to be appropriated | 9905 | €1,038 | €26,484 | +€25,446 | +2451.4% |
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.