SG 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.
SG Software Solutions
Largest movements
- Cash +€37,805
up €37,805 (+162%), from €23,294 to €61,099
mainly Net result for the year (+€44,715) and Depreciation (+€18,075)
- Tangible fixed assets -€14,576
down €14,576 (-19.9%), from €73,337 to €58,760
of which Furniture and vehicles: -€14,081
- Reserves +€43,882
up €43,882 (+66.6%), from €65,900 to €109,782
- Debts after one year -€14,000
down €14,000 (-100%), from €14,000 to €0
- Tax, wage and social debts -€5,305
down €5,305 (-21.4%), from €24,792 to €19,488
- Gross operating margin -€21,545
down €21,545 (-22.3%), from €96,593 to €75,048
- Depreciation +€5,299
up €5,299 (+41.5%), from €12,775 to €18,075
- Taxes -€5,029
down €5,029 (-29.5%), from €17,028 to €11,999
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 | €108,552 | €133,451 | +€24,899 | +22.9% |
| Fixed assets | 21/28 | €73,337 | €58,760 | -€14,576 | -19.9% |
| Tangible fixed assets | 22/27 | €73,337 | €58,760 | -€14,576 | -19.9% |
| Plant, machinery and equipment | 23 | €2,848 | €2,352 | -€495 | -17.4% |
| Furniture and vehicles | 24 | €70,489 | €56,408 | -€14,081 | -20.0% |
| Current assets | 29/58 | €35,215 | €74,690 | +€39,475 | +112% |
| Amounts receivable within one year | 40/41 | €11,320 | €12,472 | +€1,152 | +10.2% |
| Trade receivables | 40 | €10,670 | €12,110 | +€1,440 | +13.5% |
| Other amounts receivable | 41 | €650 | €362 | -€288 | -44.3% |
| Cash at bank and in hand | 54/58 | €23,294 | €61,099 | +€37,805 | +162% |
| Deferred charges and accrued income | 490/1 | €600 | €1,120 | +€519 | +86.5% |
| Total equity and liabilities | 10/49 | €108,552 | €133,451 | +€24,899 | +22.9% |
| Equity | 10/15 | €68,900 | €112,782 | +€43,882 | +63.7% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €65,900 | €109,782 | +€43,882 | +66.6% |
| Distributable reserves | 133 | €65,900 | €109,782 | +€43,882 | +66.6% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €39,651 | €20,668 | -€18,983 | -47.9% |
| Amounts payable after more than one year | 17 | €14,000 | €0 | -€14,000 | -100% |
| Financial debts | 170/4 | €14,000 | €0 | -€14,000 | -100% |
| Amounts payable within one year | 42/48 | €25,651 | €20,668 | -€4,983 | -19.4% |
| Trade debts | 44 | - | €348 | +€348 | |
| Suppliers | 440/4 | - | €348 | +€348 | |
| Taxes, remuneration and social security | 45 | €24,792 | €19,488 | -€5,305 | -21.4% |
| Taxes | 450/3 | €24,792 | €19,488 | -€5,305 | -21.4% |
| Other amounts payable | 47/48 | €859 | €833 | -€26 | -3.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,775 | €18,075 | +€5,299 | +41.5% |
| Other operating charges | 640/8 | - | €283 | +€283 | |
| Gross operating margin | 9900 | €96,593 | €75,048 | -€21,545 | -22.3% |
| Operating profit (loss) | 9901 | €83,818 | €56,690 | -€27,128 | -32.4% |
| Financial income | 75/76B | - | €64 | +€64 | |
| Recurring financial income | 75 | - | €64 | +€64 | |
| Financial charges | 65/66B | €30 | €40 | +€10 | +33.4% |
| Recurring financial charges | 65 | €30 | €40 | +€10 | +33.4% |
| Profit (loss) for the period before taxes | 9903 | €83,787 | €56,714 | -€27,074 | -32.3% |
| Income taxes | 67/77 | €17,028 | €11,999 | -€5,029 | -29.5% |
| Profit (loss) for the period | 9904 | €66,759 | €44,715 | -€22,045 | -33.0% |
| Profit (loss) for the period to be appropriated | 9905 | €66,759 | €44,715 | -€22,045 | -33.0% |
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.