@NDR-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.
@NDR-SOFT
Largest movements
- Receivables within one year +€9,886
up €9,886 (+29.3%), from €33,785 to €43,671
of which Trade receivables: +€10,646
- Tangible fixed assets -€6,660
down €6,660 (-8.8%), from €75,671 to €69,011
of which Furniture and vehicles: -€12,899
- Deferred charges and accrued income -€3,498
down €3,498 (-39.6%), from €8,834 to €5,335
- Cash +€1,456
up €1,456 (+6.9%), from €21,028 to €22,485
mainly Depreciation (+€16,622) and Other debts (+€15,650)
- Other debts +€15,650
up €15,650, from €0 to €15,650
- Debts after one year -€12,374
down €12,374 (-31.0%), from €39,863 to €27,489
- Profit (loss) carried forward -€4,776
down €4,776 (-10.7%), from €44,465 to €39,690
- Tax, wage and social debts +€3,782
up €3,782 (+21.4%), from €17,640 to €21,422
of which Remuneration and social security: +€2,920
- Trade debts -€1,601
down €1,601 (-31.3%), from €5,108 to €3,507
- Gross operating margin +€13,579
up €13,579 (+64.0%), from €21,201 to €34,780
- Taxes +€3,157
up €3,157 (+164%), from €1,920 to €5,076
- Other operating charges -€968
down €968 (-44.4%), from €2,181 to €1,212
- Depreciation +€910
up €910 (+5.8%), from €15,712 to €16,622
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 | €139,408 | €140,591 | +€1,184 | +0.8% |
| Fixed assets | 21/28 | €75,761 | €69,101 | -€6,660 | -8.8% |
| Tangible fixed assets | 22/27 | €75,671 | €69,011 | -€6,660 | -8.8% |
| Land and buildings | 22 | €12,822 | €19,061 | +€6,239 | +48.7% |
| Furniture and vehicles | 24 | €62,849 | €49,950 | -€12,899 | -20.5% |
| Financial fixed assets | 28 | €90 | €90 | = | 0.0% |
| Current assets | 29/58 | €63,647 | €71,491 | +€7,843 | +12.3% |
| Amounts receivable within one year | 40/41 | €33,785 | €43,671 | +€9,886 | +29.3% |
| Trade receivables | 40 | €32,634 | €43,280 | +€10,646 | +32.6% |
| Other amounts receivable | 41 | €1,151 | €390 | -€760 | -66.1% |
| Cash at bank and in hand | 54/58 | €21,028 | €22,485 | +€1,456 | +6.9% |
| Deferred charges and accrued income | 490/1 | €8,834 | €5,335 | -€3,498 | -39.6% |
| Total equity and liabilities | 10/49 | €139,408 | €140,591 | +€1,184 | +0.8% |
| Equity | 10/15 | €64,925 | €60,150 | -€4,776 | -7.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €44,465 | €39,690 | -€4,776 | -10.7% |
| Amounts payable | 17/49 | €74,483 | €80,442 | +€5,959 | +8.0% |
| Amounts payable after more than one year | 17 | €39,863 | €27,489 | -€12,374 | -31.0% |
| Financial debts | 170/4 | €39,863 | €27,489 | -€12,374 | -31.0% |
| Amounts payable within one year | 42/48 | €34,619 | €52,953 | +€18,333 | +53.0% |
| Current portion of amounts payable after more than one year | 42 | €11,871 | €12,374 | +€503 | +4.2% |
| Trade debts | 44 | €5,108 | €3,507 | -€1,601 | -31.3% |
| Suppliers | 440/4 | €5,108 | €3,507 | -€1,601 | -31.3% |
| Taxes, remuneration and social security | 45 | €17,640 | €21,422 | +€3,782 | +21.4% |
| Taxes | 450/3 | €17,640 | €18,501 | +€861 | +4.9% |
| Remuneration and social security | 454/9 | - | €2,920 | +€2,920 | |
| Other amounts payable | 47/48 | €0 | €15,650 | +€15,650 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,712 | €16,622 | +€910 | +5.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €182 | €0 | -€182 | -100% |
| Other operating charges | 640/8 | €2,181 | €1,212 | -€968 | -44.4% |
| Gross operating margin | 9900 | €21,201 | €34,780 | +€13,579 | +64.0% |
| Operating profit (loss) | 9901 | €3,127 | €16,946 | +€13,819 | +442% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100% |
| Financial charges | 65/66B | €2,474 | €2,146 | -€328 | -13.2% |
| Recurring financial charges | 65 | €2,474 | €2,146 | -€328 | -13.2% |
| Profit (loss) for the period before taxes | 9903 | €654 | €14,800 | +€14,147 | +2,165% |
| Income taxes | 67/77 | €1,920 | €5,076 | +€3,157 | +164% |
| Profit (loss) for the period | 9904 | -€1,266 | €9,724 | +€10,990 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,266 | €9,724 | +€10,990 |
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 16 October 2026 via checked.be.