POSITIVE 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.
POSITIVE SOFTWARE
Largest movements
- Tangible fixed assets +€8,170
up €8,170 (+371%), from €2,202 to €10,372
- Cash +€5,887
up €5,887 (+8.3%), from €70,523 to €76,410
mainly Net result for the year (+€16,585) and Tax, wage and social debts (+€4,597)
- Receivables within one year +€4,066
up €4,066 (+48.5%), from €8,384 to €12,450
of which Trade receivables: +€3,188
- Deferred charges and accrued income +€1,186
new in 2025: €1,186
- Reserves +€14,500
up €14,500 (+47.1%), from €30,759 to €45,259
- Tax, wage and social debts +€4,597
up €4,597 (+54.3%), from €8,469 to €13,066
- Gross operating margin +€13,289
up €13,289 (+77.4%), from €17,160 to €30,449
- Taxes +€3,243
up €3,243 (+47.7%), from €6,799 to €10,042
- Depreciation +€2,053
up €2,053 (+127%), from €1,619 to €3,672
- Write-downs +€1,990
no longer reported in 2025 (was -€1,990)
- Other operating charges -€1,900
down €1,900 (-66.4%), from €2,860 to €960
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 | €87,224 | €106,533 | +€19,309 | +22.1% |
| Fixed assets | 21/28 | €2,202 | €10,372 | +€8,170 | +371% |
| Tangible fixed assets | 22/27 | €2,202 | €10,372 | +€8,170 | +371% |
| Furniture and vehicles | 24 | €2,202 | €10,372 | +€8,170 | +371% |
| Current assets | 29/58 | €85,022 | €96,161 | +€11,139 | +13.1% |
| Amounts receivable within one year | 40/41 | €8,384 | €12,450 | +€4,066 | +48.5% |
| Trade receivables | 40 | €7,998 | €11,186 | +€3,188 | +39.9% |
| Other amounts receivable | 41 | €386 | €1,265 | +€879 | +228% |
| Current investments | 50/53 | €6,115 | €6,115 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €70,523 | €76,410 | +€5,887 | +8.3% |
| Deferred charges and accrued income | 490/1 | - | €1,186 | +€1,186 | |
| Total equity and liabilities | 10/49 | €87,224 | €106,533 | +€19,309 | +22.1% |
| Equity | 10/15 | €50,073 | €64,940 | +€14,867 | +29.7% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €30,759 | €45,259 | +€14,500 | +47.1% |
| Distributable reserves | 133 | €30,759 | €45,259 | +€14,500 | +47.1% |
| Profit (loss) carried forward | 14 | €721 | €1,089 | +€367 | +50.9% |
| Amounts payable | 17/49 | €37,151 | €41,593 | +€4,442 | +12.0% |
| Amounts payable within one year | 42/48 | €37,151 | €41,593 | +€4,442 | +12.0% |
| Trade debts | 44 | €7,066 | €6,511 | -€555 | -7.9% |
| Suppliers | 440/4 | €7,066 | €6,511 | -€555 | -7.9% |
| Taxes, remuneration and social security | 45 | €8,469 | €13,066 | +€4,597 | +54.3% |
| Taxes | 450/3 | €8,469 | €13,066 | +€4,597 | +54.3% |
| Other amounts payable | 47/48 | €21,616 | €22,016 | +€400 | +1.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,619 | €3,672 | +€2,053 | +127% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€1,990 | - | +€1,990 | |
| Other operating charges | 640/8 | €2,860 | €960 | -€1,900 | -66.4% |
| Gross operating margin | 9900 | €17,160 | €30,449 | +€13,289 | +77.4% |
| Operating profit (loss) | 9901 | €14,671 | €25,817 | +€11,146 | +76.0% |
| Financial income | 75/76B | €34 | €855 | +€822 | +2,450% |
| Recurring financial income | 75 | €34 | €855 | +€822 | +2,450% |
| Financial charges | 65/66B | €482 | €45 | -€437 | -90.7% |
| Recurring financial charges | 65 | €482 | €45 | -€437 | -90.7% |
| Profit (loss) for the period before taxes | 9903 | €14,223 | €26,627 | +€12,404 | +87.2% |
| Income taxes | 67/77 | €6,799 | €10,042 | +€3,243 | +47.7% |
| Profit (loss) for the period | 9904 | €7,424 | €16,585 | +€9,162 | +123% |
| Profit (loss) for the period to be appropriated | 9905 | €7,424 | €16,585 | +€9,162 | +123% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.