SOFTALMO: 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.
SOFTALMO
Largest movements
- Current investments +€100,000
up €100,000 (+28.7%), from €349,000 to €449,000
- Tangible fixed assets -€60,705
down €60,705 (-23.9%), from €253,835 to €193,130
of which Land and buildings: -€54,412
- Reserves +€30,243
up €30,243 (+7.0%), from €430,404 to €460,647
- Gross operating margin +€41,226
up €41,226 (+44.1%), from €93,434 to €134,660
- Staff costs -€24,384
no longer reported in 2024 (was €24,384)
- Taxes +€14,267
up €14,267 (+131132.9%), from €11 to €14,278
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €720,853 | €755,785 | +€34,932 | +4.8% |
| Fixed assets | 21/28 | €254,335 | €193,130 | -€61,205 | -24.1% |
| Tangible fixed assets | 22/27 | €253,835 | €193,130 | -€60,705 | -23.9% |
| Land and buildings | 22 | €239,579 | €185,166 | -€54,412 | -22.7% |
| Plant, machinery and equipment | 23 | €13,586 | €7,534 | -€6,052 | -44.5% |
| Furniture and vehicles | 24 | €670 | €429 | -€241 | -35.9% |
| Financial fixed assets | 28 | €500 | - | -€500 | |
| Current assets | 29/58 | €466,518 | €562,656 | +€96,137 | +20.6% |
| Amounts receivable within one year | 40/41 | €5,779 | €4,891 | -€888 | -15.4% |
| Trade receivables | 40 | €99 | - | -€99 | |
| Other amounts receivable | 41 | €5,680 | €4,891 | -€789 | -13.9% |
| Current investments | 50/53 | €349,000 | €449,000 | +€100,000 | +28.7% |
| Cash at bank and in hand | 54/58 | €95,593 | €99,588 | +€3,995 | +4.2% |
| Deferred charges and accrued income | 490/1 | €16,147 | €9,176 | -€6,970 | -43.2% |
| Total equity and liabilities | 10/49 | €720,853 | €755,785 | +€34,932 | +4.8% |
| Equity | 10/15 | €702,703 | €732,946 | +€30,243 | +4.3% |
| Contributions | 10/11 | €71,118 | €71,118 | = | 0.0% |
| Reserves | 13 | €430,404 | €460,647 | +€30,243 | +7.0% |
| Distributable reserves | 133 | €430,404 | €460,647 | +€30,243 | +7.0% |
| Profit (loss) carried forward | 14 | €201,181 | €201,181 | = | 0.0% |
| Amounts payable | 17/49 | €18,150 | €22,839 | +€4,689 | +25.8% |
| Amounts payable within one year | 42/48 | €18,150 | €22,353 | +€4,203 | +23.2% |
| Trade debts | 44 | €416 | - | -€416 | |
| Suppliers | 440/4 | €416 | - | -€416 | |
| Taxes, remuneration and social security | 45 | - | €6,756 | +€6,756 | |
| Taxes | 450/3 | - | €6,756 | +€6,756 | |
| Other amounts payable | 47/48 | €17,734 | €15,597 | -€2,137 | -12.0% |
| Accrued charges and deferred income | 492/3 | - | €486 | +€486 | |
| Remuneration, social security and pensions | 62 | €24,384 | - | -€24,384 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €60,813 | €60,705 | -€107 | -0.2% |
| Other operating charges | 640/8 | €11,899 | €12,434 | +€535 | +4.5% |
| Non-recurring operating charges | 66A | - | €17,700 | +€17,700 | |
| Gross operating margin | 9900 | €93,434 | €134,660 | +€41,226 | +44.1% |
| Operating profit (loss) | 9901 | -€3,662 | €43,820 | +€47,482 | |
| Financial income | 75/76B | €343 | €746 | +€402 | +117.2% |
| Recurring financial income | 75 | €343 | €746 | +€402 | +117.2% |
| Financial charges | 65/66B | €156 | €45 | -€110 | -71.0% |
| Recurring financial charges | 65 | €156 | €45 | -€110 | -71.0% |
| Profit (loss) for the period before taxes | 9903 | -€3,474 | €44,521 | +€47,995 | |
| Income taxes | 67/77 | €11 | €14,278 | +€14,267 | +131132.9% |
| Profit (loss) for the period | 9904 | -€3,485 | €30,243 | +€33,728 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,485 | €30,243 | +€33,728 |
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.