SECTOSOFT: 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.
SECTOSOFT
Largest movements
- Receivables within one year +€107,978
up €107,978 (+650%), from €16,619 to €124,597
of which Other amounts receivable: +€61,338
- Cash +€28,798
up €28,798 (+69.4%), from €41,525 to €70,322
mainly Trade debts (+€150,873) and Other debts (+€47,837)
- Trade debts +€150,873
up €150,873 (+5,435%), from €2,776 to €153,649
- Other debts +€47,837
up €47,837, from €0 to €47,837
- Reserves -€47,443
down €47,443 (-100%), from €47,443 to €0
- Tax, wage and social debts -€12,345
down €12,345 (-96.2%), from €12,834 to €489
of which Taxes: -€12,345
- Gross operating margin -€62,522
down €62,522 (-96.5%), from €64,789 to €2,267
- Taxes -€12,345
down €12,345 (-96.2%), from €12,834 to €489
- Depreciation +€1,744
up €1,744 (+212%), from €824 to €2,568
- Financial income +€1,733
up €1,733 (+1,744%), from €99 to €1,832
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 | €64,052 | €202,975 | +€138,923 | +217% |
| Fixed assets | 21/28 | €5,809 | €6,225 | +€415 | +7.1% |
| Tangible fixed assets | 22/27 | €5,809 | €6,225 | +€415 | +7.1% |
| Furniture and vehicles | 24 | €5,809 | €6,225 | +€415 | +7.1% |
| Current assets | 29/58 | €58,243 | €196,751 | +€138,508 | +238% |
| Amounts receivable within one year | 40/41 | €16,619 | €124,597 | +€107,978 | +650% |
| Trade receivables | 40 | €12,060 | €58,700 | +€46,640 | +387% |
| Other amounts receivable | 41 | €4,559 | €65,897 | +€61,338 | +1,345% |
| Cash at bank and in hand | 54/58 | €41,525 | €70,322 | +€28,798 | +69.4% |
| Deferred charges and accrued income | 490/1 | €99 | €1,832 | +€1,732 | +1,744% |
| Total equity and liabilities | 10/49 | €64,052 | €202,975 | +€138,923 | +217% |
| Equity | 10/15 | €48,443 | €1,000 | -€47,443 | -97.9% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €47,443 | €0 | -€47,443 | -100% |
| Distributable reserves | 133 | €47,443 | €0 | -€47,443 | -100% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €15,610 | €201,975 | +€186,366 | +1,194% |
| Amounts payable within one year | 42/48 | €15,610 | €201,975 | +€186,366 | +1,194% |
| Trade debts | 44 | €2,776 | €153,649 | +€150,873 | +5,435% |
| Suppliers | 440/4 | €2,776 | €153,649 | +€150,873 | +5,435% |
| Taxes, remuneration and social security | 45 | €12,834 | €489 | -€12,345 | -96.2% |
| Taxes | 450/3 | €12,834 | €489 | -€12,345 | -96.2% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €0 | €47,837 | +€47,837 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €824 | €2,568 | +€1,744 | +212% |
| Other operating charges | 640/8 | €62 | €462 | +€400 | +645% |
| Gross operating margin | 9900 | €64,789 | €2,267 | -€62,522 | -96.5% |
| Operating profit (loss) | 9901 | €63,903 | -€763 | -€64,666 | |
| Financial income | 75/76B | €99 | €1,832 | +€1,733 | +1,744% |
| Recurring financial income | 75 | €99 | €1,832 | +€1,733 | +1,744% |
| Financial charges | 65/66B | €174 | €185 | +€11 | +6.6% |
| Recurring financial charges | 65 | €174 | €185 | +€11 | +6.6% |
| Profit (loss) for the period before taxes | 9903 | €63,829 | €884 | -€62,945 | -98.6% |
| Income taxes | 67/77 | €12,834 | €489 | -€12,345 | -96.2% |
| Profit (loss) for the period | 9904 | €50,995 | €394 | -€50,600 | -99.2% |
| Profit (loss) for the period to be appropriated | 9905 | €50,995 | €394 | -€50,600 | -99.2% |
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 15 October 2026 via checked.be.