Sof@tech: 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.
Sof@tech
Largest movements
- Receivables within one year +€702,952
up €702,952 (+85.6%), from €821,426 to €1.5m
of which Trade receivables: +€755,853
- Tangible fixed assets -€139,779
down €139,779 (-34.2%), from €408,543 to €268,764
- Cash +€44,365
up €44,365 (+6.2%), from €711,649 to €756,015
mainly Trade debts (+€484,283) and Net result for the year (+€212,917)
- Stocks and contracts -€29,943
down €29,943 (-26.6%), from €112,430 to €82,487
- Trade debts +€484,283
up €484,283 (+330.4%), from €146,570 to €630,853
- Other debts +€110,714
up €110,714 (+44.3%), from €250,000 to €360,714
- Debts after one year -€79,423
down €79,423 (-52.4%), from €151,468 to €72,045
- Reserves +€78,590
up €78,590 (+7.2%), from €1.1m to €1.2m
of which Distributable reserves: +€78,590
- Advances received -€44,669
down €44,669 (-100.0%), from €44,669 to €0
- Other operating charges +€344,621
up €344,621 (+1645.9%), from €20,939 to €365,559
- Gross operating margin +€310,442
up €310,442 (+13.8%), from €2.3m to €2.6m
- Staff costs +€227,290
up €227,290 (+15.3%), from €1.5m to €1.7m
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 | €2,161,988 | €2,703,452 | +€541,465 | +25.0% |
| Fixed assets | 21/28 | €446,245 | €294,813 | -€151,431 | -33.9% |
| Intangible fixed assets | 21 | €37,701 | €26,049 | -€11,652 | -30.9% |
| Tangible fixed assets | 22/27 | €408,543 | €268,764 | -€139,779 | -34.2% |
| Plant, machinery and equipment | 23 | €180,946 | €131,871 | -€49,075 | -27.1% |
| Furniture and vehicles | 24 | €95,410 | €42,985 | -€52,426 | -54.9% |
| Leasing and similar rights | 25 | €132,187 | €93,909 | -€38,278 | -29.0% |
| Current assets | 29/58 | €1,715,743 | €2,408,639 | +€692,896 | +40.4% |
| Stocks and contracts in progress | 3 | €112,430 | €82,487 | -€29,943 | -26.6% |
| Stocks | 30/36 | €112,430 | €82,487 | -€29,943 | -26.6% |
| Amounts receivable within one year | 40/41 | €821,426 | €1,524,378 | +€702,952 | +85.6% |
| Trade receivables | 40 | €760,418 | €1,516,270 | +€755,853 | +99.4% |
| Other amounts receivable | 41 | €61,009 | €8,108 | -€52,901 | -86.7% |
| Cash at bank and in hand | 54/58 | €711,649 | €756,015 | +€44,365 | +6.2% |
| Deferred charges and accrued income | 490/1 | €70,237 | €45,759 | -€24,478 | -34.9% |
| Total equity and liabilities | 10/49 | €2,161,988 | €2,703,452 | +€541,465 | +25.0% |
| Equity | 10/15 | €1,097,369 | €1,175,958 | +€78,590 | +7.2% |
| Contributions | 10/11 | €8,955 | €8,955 | = | 0.0% |
| Reserves | 13 | €1,088,413 | €1,167,003 | +€78,590 | +7.2% |
| Non-distributable reserves | 130/1 | €896 | €896 | = | 0.0% |
| Reserves not available under the articles | 1311 | €896 | €896 | = | 0.0% |
| Distributable reserves | 133 | €1,087,518 | €1,166,108 | +€78,590 | +7.2% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €1,064,619 | €1,527,494 | +€462,875 | +43.5% |
| Amounts payable after more than one year | 17 | €151,468 | €72,045 | -€79,423 | -52.4% |
| Financial debts | 170/4 | €151,468 | €72,045 | -€79,423 | -52.4% |
| Amounts payable within one year | 42/48 | €826,263 | €1,331,073 | +€504,810 | +61.1% |
| Current portion of amounts payable after more than one year | 42 | €54,402 | €44,844 | -€9,558 | -17.6% |
| Trade debts | 44 | €146,570 | €630,853 | +€484,283 | +330.4% |
| Suppliers | 440/4 | €146,570 | €630,853 | +€484,283 | +330.4% |
| Advances received on contracts in progress | 46 | €44,669 | €0 | -€44,669 | -100.0% |
| Taxes, remuneration and social security | 45 | €330,622 | €294,662 | -€35,961 | -10.9% |
| Taxes | 450/3 | €140,892 | €114,864 | -€26,028 | -18.5% |
| Remuneration and social security | 454/9 | €189,730 | €179,798 | -€9,932 | -5.2% |
| Other amounts payable | 47/48 | €250,000 | €360,714 | +€110,714 | +44.3% |
| Accrued charges and deferred income | 492/3 | €86,888 | €124,376 | +€37,488 | +43.1% |
| Non-recurring operating income | 76A | €55,600 | €478 | -€55,122 | -99.1% |
| Remuneration, social security and pensions | 62 | €1,488,847 | €1,716,137 | +€227,290 | +15.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €143,761 | €130,462 | -€13,299 | -9.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €20,939 | €365,559 | +€344,621 | +1645.9% |
| Non-recurring operating charges | 66A | €39,676 | €7,116 | -€32,560 | -82.1% |
| Gross operating margin | 9900 | €2,252,629 | €2,563,072 | +€310,442 | +13.8% |
| Operating profit (loss) | 9901 | €559,407 | €343,798 | -€215,609 | -38.5% |
| Financial income | 75/76B | €5,193 | €7,565 | +€2,372 | +45.7% |
| Recurring financial income | 75 | €5,193 | €7,565 | +€2,372 | +45.7% |
| Financial charges | 65/66B | €41,649 | €24,853 | -€16,796 | -40.3% |
| Recurring financial charges | 65 | €41,649 | €24,602 | -€17,047 | -40.9% |
| Non-recurring financial charges | 66B | - | €251 | +€251 | |
| Profit (loss) for the period before taxes | 9903 | €522,951 | €326,510 | -€196,442 | -37.6% |
| Income taxes | 67/77 | €90,070 | €113,593 | +€23,523 | +26.1% |
| Profit (loss) for the period | 9904 | €432,882 | €212,917 | -€219,965 | -50.8% |
| Profit (loss) for the period to be appropriated | 9905 | €432,882 | €212,917 | -€219,965 | -50.8% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.