SaaSwise: 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.
SaaSwise
Largest movements
- Cash -€43,145
down €43,145 (-35.6%), from €121,320 to €78,175
mainly Net result for the year (-€39,302) and Investment in fixed assets (net) (-€2,686)
- Profit (loss) carried forward -€39,302
new in 2025: -€39,302
- Trade debts -€1,454
down €1,454 (-61.4%), from €2,369 to €914
- Gross operating margin -€54,135
down €54,135, from €18,241 to -€35,894
- Depreciation -€4,609
down €4,609 (-66.6%), from €6,916 to €2,308
- Taxes -€3,192
down €3,192 (-94.3%), from €3,385 to €193
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 | €132,265 | €90,372 | -€41,893 | -31.7% |
| Fixed assets | 21/28 | €2,408 | €2,787 | +€378 | +15.7% |
| Tangible fixed assets | 22/27 | €2,408 | €2,787 | +€378 | +15.7% |
| Furniture and vehicles | 24 | €2,408 | €2,787 | +€378 | +15.7% |
| Current assets | 29/58 | €129,857 | €87,586 | -€42,271 | -32.6% |
| Amounts receivable within one year | 40/41 | €8,169 | €8,174 | +€5 | +0.1% |
| Other amounts receivable | 41 | €8,169 | €8,174 | +€5 | +0.1% |
| Cash at bank and in hand | 54/58 | €121,320 | €78,175 | -€43,145 | -35.6% |
| Deferred charges and accrued income | 490/1 | €368 | €1,237 | +€869 | +236.1% |
| Total equity and liabilities | 10/49 | €132,265 | €90,372 | -€41,893 | -31.7% |
| Equity | 10/15 | €128,157 | €88,854 | -€39,302 | -30.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €123,157 | €123,157 | = | 0.0% |
| Distributable reserves | 133 | €123,157 | €123,157 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€39,302 | -€39,302 | |
| Amounts payable | 17/49 | €4,108 | €1,518 | -€2,590 | -63.0% |
| Amounts payable within one year | 42/48 | €4,108 | €1,107 | -€3,001 | -73.1% |
| Current portion of amounts payable after more than one year | 42 | €1,212 | - | -€1,212 | |
| Trade debts | 44 | €2,369 | €914 | -€1,454 | -61.4% |
| Suppliers | 440/4 | €2,369 | €914 | -€1,454 | -61.4% |
| Taxes, remuneration and social security | 45 | €528 | €193 | -€335 | -63.5% |
| Taxes | 450/3 | €528 | €193 | -€335 | -63.5% |
| Accrued charges and deferred income | 492/3 | - | €411 | +€411 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,916 | €2,308 | -€4,609 | -66.6% |
| Other operating charges | 640/8 | €939 | €976 | +€37 | +4.0% |
| Non-recurring operating charges | 66A | €430 | - | -€430 | |
| Gross operating margin | 9900 | €18,241 | -€35,894 | -€54,135 | |
| Operating profit (loss) | 9901 | €9,955 | -€39,178 | -€49,134 | |
| Financial income | 75/76B | €109 | €156 | +€46 | +42.3% |
| Recurring financial income | 75 | €109 | €156 | +€46 | +42.3% |
| Financial charges | 65/66B | €123 | €87 | -€36 | -29.4% |
| Recurring financial charges | 65 | €123 | €87 | -€36 | -29.4% |
| Profit (loss) for the period before taxes | 9903 | €9,942 | -€39,110 | -€49,051 | |
| Income taxes | 67/77 | €3,385 | €193 | -€3,192 | -94.3% |
| Profit (loss) for the period | 9904 | €6,557 | -€39,302 | -€45,859 | |
| Profit (loss) for the period to be appropriated | 9905 | €6,557 | -€39,302 | -€45,859 |
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 5 October 2026 via checked.be.