PRAGMATIC 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.
PRAGMATIC SOFTWARE SOLUTIONS
Largest movements
- Cash +€114,825
up €114,825 (+165%), from €69,715 to €184,540
mainly Current investments (+€86,010) and Net result for the year (+€22,990)
- Current investments -€86,010
down €86,010 (-51.0%), from €168,770 to €82,760
- Receivables within one year +€3,609
up €3,609 (+34.2%), from €10,548 to €14,157
of which Trade receivables: +€4,332
- Reserves +€15,857
up €15,857 (+7.6%), from €208,134 to €223,991
- Tax, wage and social debts +€12,322
up €12,322 (+20,647%), from €60 to €12,382
- Gross operating margin -€37,401
down €37,401 (-61.9%), from €60,451 to €23,051
- Financial income +€11,836
up €11,836 (+254%), from €4,662 to €16,498
- Taxes -€7,428
down €7,428 (-36.2%), from €20,524 to €13,096
- Financial charges +€678
up €678 (+217%), from €313 to €991
- Depreciation +€664
up €664 (+87.5%), from €759 to €1,423
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 | €255,274 | €286,317 | +€31,043 | +12.2% |
| Fixed assets | 21/28 | €3,511 | €2,087 | -€1,423 | -40.5% |
| Tangible fixed assets | 22/27 | €3,511 | €2,087 | -€1,423 | -40.5% |
| Plant, machinery and equipment | 23 | €817 | €409 | -€409 | -50.0% |
| Furniture and vehicles | 24 | €2,693 | €1,679 | -€1,015 | -37.7% |
| Current assets | 29/58 | €251,764 | €284,230 | +€32,466 | +12.9% |
| Amounts receivable within one year | 40/41 | €10,548 | €14,157 | +€3,609 | +34.2% |
| Trade receivables | 40 | €9,825 | €14,157 | +€4,332 | +44.1% |
| Other amounts receivable | 41 | €723 | €0 | -€723 | -100% |
| Current investments | 50/53 | €168,770 | €82,760 | -€86,010 | -51.0% |
| Cash at bank and in hand | 54/58 | €69,715 | €184,540 | +€114,825 | +165% |
| Deferred charges and accrued income | 490/1 | €2,731 | €2,773 | +€42 | +1.5% |
| Total equity and liabilities | 10/49 | €255,274 | €286,317 | +€31,043 | +12.2% |
| Equity | 10/15 | €253,717 | €271,444 | +€17,727 | +7.0% |
| Contributions | 10/11 | €10,300 | €10,300 | = | 0.0% |
| Reserves | 13 | €208,134 | €223,991 | +€15,857 | +7.6% |
| Distributable reserves | 133 | €208,134 | €223,991 | +€15,857 | +7.6% |
| Profit (loss) carried forward | 14 | €35,283 | €37,153 | +€1,870 | +5.3% |
| Amounts payable | 17/49 | €1,557 | €14,873 | +€13,316 | +855% |
| Amounts payable within one year | 42/48 | €1,057 | €14,873 | +€13,816 | +1,307% |
| Financial debts | 43 | €10 | €0 | -€10 | -100% |
| Credit institutions | 430/8 | €10 | €0 | -€10 | -100% |
| Trade debts | 44 | €495 | €711 | +€216 | +43.7% |
| Suppliers | 440/4 | €495 | €711 | +€216 | +43.7% |
| Taxes, remuneration and social security | 45 | €60 | €12,382 | +€12,322 | +20,647% |
| Taxes | 450/3 | €60 | €12,382 | +€12,322 | +20,647% |
| Other amounts payable | 47/48 | €493 | €1,781 | +€1,288 | +261% |
| Accrued charges and deferred income | 492/3 | €500 | €0 | -€500 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €759 | €1,423 | +€664 | +87.5% |
| Other operating charges | 640/8 | €1,094 | €1,048 | -€46 | -4.2% |
| Gross operating margin | 9900 | €60,451 | €23,051 | -€37,401 | -61.9% |
| Operating profit (loss) | 9901 | €58,598 | €20,579 | -€38,019 | -64.9% |
| Financial income | 75/76B | €4,662 | €16,498 | +€11,836 | +254% |
| Recurring financial income | 75 | €4,662 | €16,498 | +€11,836 | +254% |
| Financial charges | 65/66B | €313 | €991 | +€678 | +217% |
| Recurring financial charges | 65 | €313 | €991 | +€678 | +217% |
| Profit (loss) for the period before taxes | 9903 | €62,947 | €36,086 | -€26,861 | -42.7% |
| Income taxes | 67/77 | €20,524 | €13,096 | -€7,428 | -36.2% |
| Profit (loss) for the period | 9904 | €42,423 | €22,990 | -€19,433 | -45.8% |
| Profit (loss) for the period to be appropriated | 9905 | €42,423 | €22,990 | -€19,433 | -45.8% |
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 14 October 2026 via checked.be.