INTERNATIONAL SOFTWARE DEVELOPMENT: 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.
INTERNATIONAL SOFTWARE DEVELOPMENT
Largest movements
- Tangible fixed assets -€14,765
down €14,765 (-13.3%), from €111,179 to €96,414
of which Leasing and similar rights: -€11,667
- Cash -€8,173
down €8,173 (-7.6%), from €107,503 to €99,329
mainly Debts after one year (-€26,377) and Net result for the year (-€3,967)
- Debts after one year -€26,377
down €26,377 (-18.4%), from €143,370 to €116,994
- Other debts +€8,692
up €8,692 (+65.7%), from €13,234 to €21,926
- Profit (loss) carried forward -€3,967
down €3,967 (-4.9%), from -€81,723 to -€85,690
- Gross operating margin -€12,153
down €12,153 (-44.9%), from €27,096 to €14,943
- Depreciation -€455
down €455 (-2.8%), from €16,294 to €15,839
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 | €233,426 | €212,070 | -€21,356 | -9.1% |
| Fixed assets | 21/28 | €111,179 | €96,414 | -€14,765 | -13.3% |
| Tangible fixed assets | 22/27 | €111,179 | €96,414 | -€14,765 | -13.3% |
| Plant, machinery and equipment | 23 | €15,325 | €12,722 | -€2,603 | -17.0% |
| Furniture and vehicles | 24 | €2,521 | €2,025 | -€496 | -19.7% |
| Leasing and similar rights | 25 | €93,333 | €81,667 | -€11,667 | -12.5% |
| Current assets | 29/58 | €122,248 | €115,657 | -€6,591 | -5.4% |
| Amounts receivable within one year | 40/41 | €14,745 | €16,328 | +€1,583 | +10.7% |
| Trade receivables | 40 | €14,745 | €16,328 | +€1,583 | +10.7% |
| Cash at bank and in hand | 54/58 | €107,503 | €99,329 | -€8,173 | -7.6% |
| Total equity and liabilities | 10/49 | €233,426 | €212,070 | -€21,356 | -9.1% |
| Equity | 10/15 | €51,622 | €47,655 | -€3,967 | -7.7% |
| Contributions | 10/11 | €6,205 | €6,205 | = | 0.0% |
| Reserves | 13 | €127,140 | €127,140 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €15,270 | €15,270 | = | 0.0% |
| Distributable reserves | 133 | €110,010 | €110,010 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€81,723 | -€85,690 | -€3,967 | -4.9% |
| Amounts payable | 17/49 | €181,805 | €164,416 | -€17,389 | -9.6% |
| Amounts payable after more than one year | 17 | €143,370 | €116,994 | -€26,377 | -18.4% |
| Financial debts | 170/4 | €143,370 | €116,994 | -€26,377 | -18.4% |
| Amounts payable within one year | 42/48 | €38,434 | €47,422 | +€8,988 | +23.4% |
| Trade debts | 44 | €2,254 | €2,618 | +€364 | +16.1% |
| Suppliers | 440/4 | €2,254 | €2,618 | +€364 | +16.1% |
| Taxes, remuneration and social security | 45 | €22,946 | €22,878 | -€69 | -0.3% |
| Taxes | 450/3 | €22,946 | €22,878 | -€69 | -0.3% |
| Other amounts payable | 47/48 | €13,234 | €21,926 | +€8,692 | +65.7% |
| Non-recurring operating income | 76A | €2,357 | €2,193 | -€164 | -7.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,294 | €15,839 | -€455 | -2.8% |
| Gross operating margin | 9900 | €27,096 | €14,943 | -€12,153 | -44.9% |
| Operating profit (loss) | 9901 | €10,802 | -€896 | -€11,698 | |
| Financial income | 75/76B | €340 | €279 | -€61 | -18.0% |
| Recurring financial income | 75 | €340 | €279 | -€61 | -18.0% |
| Financial charges | 65/66B | €2,966 | €2,765 | -€201 | -6.8% |
| Recurring financial charges | 65 | €2,966 | €2,765 | -€201 | -6.8% |
| Profit (loss) for the period before taxes | 9903 | €8,176 | -€3,382 | -€11,559 | |
| Income taxes | 67/77 | €462 | €585 | +€123 | +26.5% |
| Profit (loss) for the period | 9904 | €7,714 | -€3,967 | -€11,681 | |
| Profit (loss) for the period to be appropriated | 9905 | €7,714 | -€3,967 | -€11,681 |
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 30 September 2026 via checked.be.