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Service System & Software Development: 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.

What changed

Service System & Software Development

BE 0889.977.869
NACE 47.400, Retail sale of information and communication equipment
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€3,657
2023 · €1,845+€1,812
Equity
€37,745
2023 · €34,088+€3,657
Cash
€5,614
2023 · €6,232-€618
Balance sheet total
€46,848
2023 · €42,328+€4,520

Largest movements

2023 to 2024
Assets
  • Receivables within one year +€4,296

    up €4,296 (+90.7%), from €4,738 to €9,033

    of which Trade receivables: +€3,784

  • Receivables after one year +€1,516

    up €1,516 (+5.1%), from €29,762 to €31,277

  • Deferred charges and accrued income -€673

    down €673 (-42.2%), from €1,596 to €923

  • Cash -€618

    down €618 (-9.9%), from €6,232 to €5,614

    mainly Receivables within one year (-€4,296) and Short-term financial debts (-€1,800)

Equity and liabilities
  • Reserves +€3,657

    up €3,657 (+13.1%), from €27,888 to €31,545

    of which Distributable reserves: +€3,657

  • Short-term financial debts -€1,800

    no longer reported in 2024 (was €1,800)

  • Tax, wage and social debts +€1,370

    up €1,370 (+28.4%), from €4,824 to €6,194

  • Trade debts +€1,293

    up €1,293 (+80.0%), from €1,617 to €2,909

Income statement
  • Gross operating margin +€2,975

    up €2,975 (+53.0%), from €5,609 to €8,583

  • Staff costs +€680

    up €680 (+36.5%), from €1,861 to €2,541

  • Taxes +€486

    up €486 (+34.8%), from €1,394 to €1,880

From the 2023 result to the 2024 result

effect on the 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.

Result 2023 €1,845
Gross operating margin +€2,975
Staff costs -€680
Other operating charges +€65
Financial income -€30
Financial charges -€31
Taxes -€486
Result 2024 €3,657

Cash bridge derived

cash 2023 to 2024

Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.

From operations +€1,182
Investment €0
Financing -€1,800
Cash 2023 €6,232
Net result for the year +€3,657
Receivables after one year -€1,516
Receivables within one year -€4,296
Deferred charges and accrued income +€673
Trade debts +€1,293
Tax, wage and social debts +€1,370
Short-term financial debts -€1,800
Cash 2024 €5,614
Every line side by side 36 lines
Line Code 2023 2024 Change %
Total assets 20/58 €42,328 €46,848 +€4,520 +10.7%
Current assets 29/58 €42,328 €46,848 +€4,520 +10.7%
Amounts receivable after more than one year 29 €29,762 €31,277 +€1,516 +5.1%
Other amounts receivable 291 €29,762 €31,277 +€1,516 +5.1%
Amounts receivable within one year 40/41 €4,738 €9,033 +€4,296 +90.7%
Trade receivables 40 €4,738 €8,522 +€3,784 +79.9%
Other amounts receivable 41 - €511 +€511
Cash at bank and in hand 54/58 €6,232 €5,614 -€618 -9.9%
Deferred charges and accrued income 490/1 €1,596 €923 -€673 -42.2%
Total equity and liabilities 10/49 €42,328 €46,848 +€4,520 +10.7%
Equity 10/15 €34,088 €37,745 +€3,657 +10.7%
Contributions 10/11 €6,200 €6,200 = 0.0%
Reserves 13 €27,888 €31,545 +€3,657 +13.1%
Non-distributable reserves 130/1 €1,860 €1,860 = 0.0%
Reserves not available under the articles 1311 €1,860 €1,860 = 0.0%
Distributable reserves 133 €26,028 €29,685 +€3,657 +14.1%
Amounts payable 17/49 €8,240 €9,103 +€863 +10.5%
Amounts payable within one year 42/48 €8,240 €9,103 +€863 +10.5%
Financial debts 43 €1,800 - -€1,800
Credit institutions 430/8 €1,800 - -€1,800
Trade debts 44 €1,617 €2,909 +€1,293 +80.0%
Suppliers 440/4 €1,617 €2,909 +€1,293 +80.0%
Taxes, remuneration and social security 45 €4,824 €6,194 +€1,370 +28.4%
Taxes 450/3 €4,824 €6,194 +€1,370 +28.4%
Remuneration, social security and pensions 62 €1,861 €2,541 +€680 +36.5%
Other operating charges 640/8 €649 €585 -€65 -9.9%
Gross operating margin 9900 €5,609 €8,583 +€2,975 +53.0%
Operating profit (loss) 9901 €3,098 €5,457 +€2,359 +76.2%
Financial income 75/76B €855 €824 -€30 -3.5%
Recurring financial income 75 €855 €824 -€30 -3.5%
Financial charges 65/66B €713 €744 +€31 +4.3%
Recurring financial charges 65 €713 €744 +€31 +4.3%
Profit (loss) for the period before taxes 9903 €3,239 €5,537 +€2,298 +70.9%
Income taxes 67/77 €1,394 €1,880 +€486 +34.8%
Profit (loss) for the period 9904 €1,845 €3,657 +€1,812 +98.2%
Profit (loss) for the period to be appropriated 9905 €1,845 €3,657 +€1,812 +98.2%

Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.