SOFT - LOGIC: what changed
SOFT - LOGIC
Largest movements
- Cash -€24,483
down €24,483 (-48.4%), from €50,616 to €26,133
mainly Net result for the year (-€37,966) and Contributions, distributions and other (-€35,000)
- Receivables within one year -€23,738
down €23,738 (-75.0%), from €31,652 to €7,914
of which Trade receivables: -€24,208
- Tangible fixed assets -€9,649
down €9,649 (-15.1%), from €63,812 to €54,164
of which Other tangible fixed assets: -€5,570
- Receivables after one year -€3,599
down €3,599 (-4.3%), from €82,881 to €79,282
- Deferred charges and accrued income -€2,937
down €2,937 (-39.2%), from €7,500 to €4,563
- Reserves -€72,966
down €72,966 (-40.0%), from €182,515 to €109,549
of which Distributable reserves: -€72,966
- Other debts +€18,750
up €18,750 (+80.0%), from €23,451 to €42,201
- Trade debts -€4,903
down €4,903 (-79.5%), from €6,170 to €1,267
- Current portion of long-term debt -€3,381
down €3,381 (-100%), from €3,381 to €0
- Gross operating margin -€57,751
down €57,751, from €28,886 to -€28,865
- Taxes -€6,206
down €6,206 (-97.9%), from €6,338 to €132
- Depreciation +€3,373
up €3,373 (+53.7%), from €6,276 to €9,649
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €236,461 | €172,055 | -€64,406 | -27.2% |
| Fixed assets | 21/28 | €63,812 | €54,164 | -€9,649 | -15.1% |
| Tangible fixed assets | 22/27 | €63,812 | €54,164 | -€9,649 | -15.1% |
| Plant, machinery and equipment | 23 | €2,273 | €1,002 | -€1,271 | -55.9% |
| Furniture and vehicles | 24 | €11,182 | €8,374 | -€2,808 | -25.1% |
| Other tangible fixed assets | 26 | €50,357 | €44,788 | -€5,570 | -11.1% |
| Current assets | 29/58 | €172,648 | €117,891 | -€54,757 | -31.7% |
| Amounts receivable after more than one year | 29 | €82,881 | €79,282 | -€3,599 | -4.3% |
| Other amounts receivable | 291 | €82,881 | €79,282 | -€3,599 | -4.3% |
| Amounts receivable within one year | 40/41 | €31,652 | €7,914 | -€23,738 | -75.0% |
| Trade receivables | 40 | €24,208 | €0 | -€24,208 | -100% |
| Other amounts receivable | 41 | €7,444 | €7,914 | +€470 | +6.3% |
| Cash at bank and in hand | 54/58 | €50,616 | €26,133 | -€24,483 | -48.4% |
| Deferred charges and accrued income | 490/1 | €7,500 | €4,563 | -€2,937 | -39.2% |
| Total equity and liabilities | 10/49 | €236,461 | €172,055 | -€64,406 | -27.2% |
| Equity | 10/15 | €201,115 | €128,149 | -€72,966 | -36.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €182,515 | €109,549 | -€72,966 | -40.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €182,515 | €109,549 | -€72,966 | -40.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €35,346 | €43,906 | +€8,560 | +24.2% |
| Amounts payable within one year | 42/48 | €33,477 | €43,906 | +€10,429 | +31.2% |
| Current portion of amounts payable after more than one year | 42 | €3,381 | €0 | -€3,381 | -100% |
| Trade debts | 44 | €6,170 | €1,267 | -€4,903 | -79.5% |
| Suppliers | 440/4 | €6,170 | €1,267 | -€4,903 | -79.5% |
| Taxes, remuneration and social security | 45 | €475 | €438 | -€37 | -7.8% |
| Taxes | 450/3 | €475 | €438 | -€37 | -7.8% |
| Other amounts payable | 47/48 | €23,451 | €42,201 | +€18,750 | +80.0% |
| Accrued charges and deferred income | 492/3 | €1,869 | €0 | -€1,869 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,276 | €9,649 | +€3,373 | +53.7% |
| Other operating charges | 640/8 | €183 | €356 | +€173 | +94.4% |
| Gross operating margin | 9900 | €28,886 | -€28,865 | -€57,751 | |
| Operating profit (loss) | 9901 | €22,427 | -€38,869 | -€61,297 | |
| Financial income | 75/76B | €1,282 | €1,205 | -€77 | -6.0% |
| Recurring financial income | 75 | €1,282 | €1,205 | -€77 | -6.0% |
| Financial charges | 65/66B | €389 | €170 | -€220 | -56.4% |
| Recurring financial charges | 65 | €389 | €170 | -€220 | -56.4% |
| Profit (loss) for the period before taxes | 9903 | €23,320 | -€37,834 | -€61,154 | |
| Income taxes | 67/77 | €6,338 | €132 | -€6,206 | -97.9% |
| Profit (loss) for the period | 9904 | €16,983 | -€37,966 | -€54,949 | |
| Profit (loss) for the period to be appropriated | 9905 | €16,983 | -€37,966 | -€54,949 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.