GOVINDA SOFTWARE SOLUTIONS: 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.
GOVINDA SOFTWARE SOLUTIONS
Largest movements
- Receivables within one year -€1,673
down €1,673 (-75.8%), from €2,208 to €535
of which Other amounts receivable: -€1,923
- Tangible fixed assets -€827
no longer reported in 2025 (was €827)
- Cash +€402
up €402 (+18.7%), from €2,152 to €2,554
mainly Net result for the year (+€6,187) and Receivables within one year (+€1,673)
- Deferred charges and accrued income -€57
no longer reported in 2025 (was €57)
- Advances received -€7,550
no longer reported in 2025 (was €7,550)
- Profit (loss) carried forward +€6,187
up €6,187 (+58.1%), from -€10,647 to -€4,460
- Tax, wage and social debts -€690
down €690 (-55.7%), from €1,239 to €549
- Trade debts -€102
no longer reported in 2025 (was €102)
- Depreciation -€7,031
no longer reported in 2025 (was €7,031)
- Gross operating margin +€2,882
up €2,882 (+71.1%), from €4,056 to €6,938
- Other operating charges -€626
down €626 (-86.4%), from €725 to €99
- Taxes -€334
down €334 (-37.8%), from €883 to €549
- Financial charges -€86
down €86 (-45.3%), from €191 to €104
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 | €5,244 | €3,089 | -€2,155 | -41.1% |
| Fixed assets | 21/28 | €827 | - | -€827 | |
| Tangible fixed assets | 22/27 | €827 | - | -€827 | |
| Furniture and vehicles | 24 | €827 | - | -€827 | |
| Current assets | 29/58 | €4,417 | €3,089 | -€1,328 | -30.1% |
| Amounts receivable within one year | 40/41 | €2,208 | €535 | -€1,673 | -75.8% |
| Trade receivables | 40 | - | €250 | +€250 | |
| Other amounts receivable | 41 | €2,208 | €285 | -€1,923 | -87.1% |
| Cash at bank and in hand | 54/58 | €2,152 | €2,554 | +€402 | +18.7% |
| Deferred charges and accrued income | 490/1 | €57 | - | -€57 | |
| Total equity and liabilities | 10/49 | €5,244 | €3,089 | -€2,155 | -41.1% |
| Equity | 10/15 | -€3,647 | €2,540 | +€6,187 | |
| Contributions | 10/11 | €7,000 | €7,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€10,647 | -€4,460 | +€6,187 | +58.1% |
| Amounts payable | 17/49 | €8,891 | €549 | -€8,342 | -93.8% |
| Amounts payable within one year | 42/48 | €8,891 | €549 | -€8,342 | -93.8% |
| Trade debts | 44 | €102 | - | -€102 | |
| Suppliers | 440/4 | €102 | - | -€102 | |
| Advances received on contracts in progress | 46 | €7,550 | - | -€7,550 | |
| Taxes, remuneration and social security | 45 | €1,239 | €549 | -€690 | -55.7% |
| Taxes | 450/3 | €1,239 | €549 | -€690 | -55.7% |
| Other amounts payable | 47/48 | - | €1 | +€1 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,031 | - | -€7,031 | |
| Other operating charges | 640/8 | €725 | €99 | -€626 | -86.4% |
| Gross operating margin | 9900 | €4,056 | €6,938 | +€2,882 | +71.1% |
| Operating profit (loss) | 9901 | -€3,700 | €6,840 | +€10,540 | |
| Financial charges | 65/66B | €191 | €104 | -€86 | -45.3% |
| Recurring financial charges | 65 | €191 | €104 | -€86 | -45.3% |
| Profit (loss) for the period before taxes | 9903 | -€3,891 | €6,735 | +€10,626 | |
| Income taxes | 67/77 | €883 | €549 | -€334 | -37.8% |
| Profit (loss) for the period | 9904 | -€4,773 | €6,187 | +€10,960 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,773 | €6,187 | +€10,960 |
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 23 October 2026 via checked.be.