SOFTADVICE: 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.
SOFTADVICE
Largest movements
- Receivables within one year +€183,222
up €183,222 (+97.8%), from €187,385 to €370,608
of which Trade receivables: +€131,108
- Deferred charges and accrued income +€85,306
up €85,306 (+34.0%), from €250,585 to €335,891
- Stocks and contracts -€80,570
down €80,570 (-46.2%), from €174,411 to €93,841
- Intangible fixed assets +€57,524
up €57,524 (+62.3%), from €92,294 to €149,817
- Receivables after one year -€49,900
down €49,900 (-27.7%), from €180,000 to €130,100
- Accrued charges and deferred income +€116,640
up €116,640 (+33.0%), from €352,929 to €469,569
- Tax, wage and social debts +€49,096
up €49,096 (+81.5%), from €60,243 to €109,339
of which Taxes: +€60,945
- Current portion of long-term debt +€35,723
up €35,723 (+188%), from €19,004 to €54,727
- Trade debts +€31,781
up €31,781 (+15.7%), from €202,815 to €234,596
- Reserves -€30,564
down €30,564 (-26.2%), from €116,483 to €85,918
- Staff costs +€64,214
up €64,214 (+27.2%), from €235,745 to €299,959
- Other operating charges -€61,908
down €61,908 (-97.1%), from €63,770 to €1,862
- Depreciation +€18,930
up €18,930 (+71.6%), from €26,433 to €45,363
- Gross operating margin -€17,336
down €17,336 (-4.6%), from €379,738 to €362,402
- Financial charges +€7,428
up €7,428 (+33.5%), from €22,153 to €29,581
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 | €895,066 | €1,099,955 | +€204,889 | +22.9% |
| Fixed assets | 21/28 | €101,138 | €162,861 | +€61,723 | +61.0% |
| Intangible fixed assets | 21 | €92,294 | €149,817 | +€57,524 | +62.3% |
| Tangible fixed assets | 22/27 | €6,854 | €11,054 | +€4,200 | +61.3% |
| Land and buildings | 22 | - | €3,828 | +€3,828 | |
| Plant, machinery and equipment | 23 | €769 | €384 | -€384 | -50.0% |
| Furniture and vehicles | 24 | €6,086 | €6,842 | +€756 | +12.4% |
| Financial fixed assets | 28 | €1,990 | €1,990 | = | 0.0% |
| Current assets | 29/58 | €793,928 | €937,094 | +€143,166 | +18.0% |
| Amounts receivable after more than one year | 29 | €180,000 | €130,100 | -€49,900 | -27.7% |
| Other amounts receivable | 291 | €180,000 | €130,100 | -€49,900 | -27.7% |
| Stocks and contracts in progress | 3 | €174,411 | €93,841 | -€80,570 | -46.2% |
| Contracts in progress | 37 | €174,411 | €93,841 | -€80,570 | -46.2% |
| Amounts receivable within one year | 40/41 | €187,385 | €370,608 | +€183,222 | +97.8% |
| Trade receivables | 40 | €185,907 | €317,015 | +€131,108 | +70.5% |
| Other amounts receivable | 41 | €1,478 | €53,593 | +€52,115 | +3,525% |
| Cash at bank and in hand | 54/58 | €1,548 | €6,655 | +€5,107 | +330% |
| Deferred charges and accrued income | 490/1 | €250,585 | €335,891 | +€85,306 | +34.0% |
| Total equity and liabilities | 10/49 | €895,066 | €1,099,955 | +€204,889 | +22.9% |
| Equity | 10/15 | €160,075 | €129,510 | -€30,564 | -19.1% |
| Contributions | 10/11 | €43,592 | €43,592 | = | 0.0% |
| Reserves | 13 | €116,483 | €85,918 | -€30,564 | -26.2% |
| Distributable reserves | 133 | €116,483 | €85,918 | -€30,564 | -26.2% |
| Amounts payable | 17/49 | €734,991 | €970,445 | +€235,454 | +32.0% |
| Amounts payable after more than one year | 17 | - | €2,214 | +€2,214 | |
| Financial debts | 170/4 | - | €2,214 | +€2,214 | |
| Amounts payable within one year | 42/48 | €382,062 | €498,661 | +€116,600 | +30.5% |
| Current portion of amounts payable after more than one year | 42 | €19,004 | €54,727 | +€35,723 | +188% |
| Financial debts | 43 | €100,000 | €100,000 | = | 0.0% |
| Credit institutions | 430/8 | €100,000 | €100,000 | = | 0.0% |
| Trade debts | 44 | €202,815 | €234,596 | +€31,781 | +15.7% |
| Suppliers | 440/4 | €202,815 | €234,596 | +€31,781 | +15.7% |
| Taxes, remuneration and social security | 45 | €60,243 | €109,339 | +€49,096 | +81.5% |
| Taxes | 450/3 | €42,911 | €103,856 | +€60,945 | +142% |
| Remuneration and social security | 454/9 | €17,332 | €5,482 | -€11,849 | -68.4% |
| Accrued charges and deferred income | 492/3 | €352,929 | €469,569 | +€116,640 | +33.0% |
| Non-recurring operating income | 76A | €1,823 | - | -€1,823 | |
| Remuneration, social security and pensions | 62 | €235,745 | €299,959 | +€64,214 | +27.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,433 | €45,363 | +€18,930 | +71.6% |
| Other operating charges | 640/8 | €63,770 | €1,862 | -€61,908 | -97.1% |
| Gross operating margin | 9900 | €379,738 | €362,402 | -€17,336 | -4.6% |
| Operating profit (loss) | 9901 | €53,790 | €15,218 | -€38,573 | -71.7% |
| Financial income | 75/76B | €322 | €614 | +€293 | +90.9% |
| Recurring financial income | 75 | €322 | €614 | +€293 | +90.9% |
| Financial charges | 65/66B | €22,153 | €29,581 | +€7,428 | +33.5% |
| Recurring financial charges | 65 | €22,153 | €29,581 | +€7,428 | +33.5% |
| Profit (loss) for the period before taxes | 9903 | €31,959 | -€13,749 | -€45,708 | |
| Income taxes | 67/77 | €22,788 | €16,815 | -€5,973 | -26.2% |
| Profit (loss) for the period | 9904 | €9,170 | -€30,564 | -€39,735 | |
| Profit (loss) for the period to be appropriated | 9905 | €9,170 | -€30,564 | -€39,735 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.