N.F. Software: 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.
N.F. Software
Largest movements
- Cash -€31,947
down €31,947 (-48.1%), from €66,377 to €34,430
mainly Contributions, distributions and other (-€101,278) and Investment in fixed assets (net) (-€3,298)
- Tangible fixed assets -€10,498
down €10,498 (-23.4%), from €44,862 to €34,364
of which Furniture and vehicles: -€13,106
- Receivables within one year +€2,686
up €2,686 (+18.5%), from €14,500 to €17,186
of which Trade receivables: +€2,686
- Reserves -€40,631
down €40,631 (-40.1%), from €101,278 to €60,647
- Tax, wage and social debts -€1,520
down €1,520 (-8.8%), from €17,268 to €15,748
- Gross operating margin +€12,320
up €12,320 (+15.5%), from €79,240 to €91,560
- Taxes +€2,494
up €2,494 (+18.5%), from €13,491 to €15,985
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 | €128,059 | €87,966 | -€40,093 | -31.3% |
| Fixed assets | 21/28 | €44,862 | €34,364 | -€10,498 | -23.4% |
| Tangible fixed assets | 22/27 | €44,862 | €34,364 | -€10,498 | -23.4% |
| Plant, machinery and equipment | 23 | €1,589 | €4,198 | +€2,608 | +164% |
| Furniture and vehicles | 24 | €43,272 | €30,166 | -€13,106 | -30.3% |
| Current assets | 29/58 | €83,197 | €53,603 | -€29,595 | -35.6% |
| Amounts receivable within one year | 40/41 | €14,500 | €17,186 | +€2,686 | +18.5% |
| Trade receivables | 40 | €14,350 | €17,036 | +€2,686 | +18.7% |
| Other amounts receivable | 41 | €150 | €150 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €66,377 | €34,430 | -€31,947 | -48.1% |
| Deferred charges and accrued income | 490/1 | €2,320 | €1,986 | -€334 | -14.4% |
| Total equity and liabilities | 10/49 | €128,059 | €87,966 | -€40,093 | -31.3% |
| Equity | 10/15 | €106,278 | €65,647 | -€40,631 | -38.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €101,278 | €60,647 | -€40,631 | -40.1% |
| Distributable reserves | 133 | €101,278 | €60,647 | -€40,631 | -40.1% |
| Amounts payable | 17/49 | €21,781 | €22,319 | +€538 | +2.5% |
| Amounts payable within one year | 42/48 | €21,781 | €22,319 | +€538 | +2.5% |
| Trade debts | 44 | €590 | €1,858 | +€1,269 | +215% |
| Suppliers | 440/4 | €590 | €1,858 | +€1,269 | +215% |
| Taxes, remuneration and social security | 45 | €17,268 | €15,748 | -€1,520 | -8.8% |
| Taxes | 450/3 | €17,268 | €15,748 | -€1,520 | -8.8% |
| Other amounts payable | 47/48 | €3,923 | €4,713 | +€790 | +20.1% |
| Non-recurring operating income | 76A | - | €7,240 | +€7,240 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,728 | €13,796 | +€67 | +0.5% |
| Other operating charges | 640/8 | €966 | €989 | +€24 | +2.5% |
| Gross operating margin | 9900 | €79,240 | €91,560 | +€12,320 | +15.5% |
| Operating profit (loss) | 9901 | €64,546 | €76,775 | +€12,229 | +18.9% |
| Financial charges | 65/66B | €80 | €143 | +€64 | +79.8% |
| Recurring financial charges | 65 | €80 | €143 | +€64 | +79.8% |
| Profit (loss) for the period before taxes | 9903 | €64,467 | €76,632 | +€12,165 | +18.9% |
| Income taxes | 67/77 | €13,491 | €15,985 | +€2,494 | +18.5% |
| Profit (loss) for the period | 9904 | €50,975 | €60,647 | +€9,672 | +19.0% |
| Profit (loss) for the period to be appropriated | 9905 | €50,975 | €60,647 | +€9,672 | +19.0% |
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 24 October 2026 via checked.be.