SOFTAVISION: what changed
SOFTAVISION
Largest movements
- Tangible fixed assets +€23,749
up €23,749 (+109%), from €21,724 to €45,473
of which Land and buildings: +€19,101
- Receivables within one year -€19,541
down €19,541 (-44.8%), from €43,601 to €24,060
of which Other amounts receivable: -€13,592
- Cash +€10,253
up €10,253 (+22.8%), from €44,932 to €55,185
mainly Receivables within one year (+€19,541) and Net result for the year (+€19,415)
- Trade debts +€7,044
up €7,044 (+120%), from €5,875 to €12,920
- Reserves +€5,651
up €5,651 (+7.2%), from €78,804 to €84,456
of which Distributable reserves: +€5,651
- Short-term financial debts +€2,981
new in 2025: €2,981
- Gross operating margin +€12,030
up €12,030 (+36.1%), from €33,347 to €45,377
- Financial charges +€2,705
up €2,705 (+146%), from €1,856 to €4,561
- Taxes +€1,747
up €1,747 (+21.3%), from €8,193 to €9,939
- Depreciation +€1,390
up €1,390 (+15.1%), from €9,222 to €10,611
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 | €128,369 | €144,008 | +€15,639 | +12.2% |
| Fixed assets | 21/28 | €21,724 | €45,473 | +€23,749 | +109% |
| Tangible fixed assets | 22/27 | €21,724 | €45,473 | +€23,749 | +109% |
| Land and buildings | 22 | - | €19,101 | +€19,101 | |
| Plant, machinery and equipment | 23 | €1,781 | €2,209 | +€428 | +24.0% |
| Furniture and vehicles | 24 | €19,942 | €24,163 | +€4,220 | +21.2% |
| Current assets | 29/58 | €106,646 | €98,535 | -€8,110 | -7.6% |
| Stocks and contracts in progress | 3 | €16,353 | €16,353 | = | 0.0% |
| Stocks | 30/36 | €16,353 | €16,353 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €43,601 | €24,060 | -€19,541 | -44.8% |
| Trade receivables | 40 | €28,032 | €22,083 | -€5,949 | -21.2% |
| Other amounts receivable | 41 | €15,569 | €1,977 | -€13,592 | -87.3% |
| Cash at bank and in hand | 54/58 | €44,932 | €55,185 | +€10,253 | +22.8% |
| Deferred charges and accrued income | 490/1 | €1,759 | €2,937 | +€1,178 | +67.0% |
| Total equity and liabilities | 10/49 | €128,369 | €144,008 | +€15,639 | +12.2% |
| Equity | 10/15 | €97,396 | €103,048 | +€5,651 | +5.8% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €78,804 | €84,456 | +€5,651 | +7.2% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €76,945 | €82,596 | +€5,651 | +7.3% |
| Amounts payable | 17/49 | €30,973 | €40,960 | +€9,988 | +32.2% |
| Amounts payable within one year | 42/48 | €30,973 | €40,960 | +€9,988 | +32.2% |
| Financial debts | 43 | - | €2,981 | +€2,981 | |
| Credit institutions | 430/8 | - | €2,981 | +€2,981 | |
| Trade debts | 44 | €5,875 | €12,920 | +€7,044 | +120% |
| Suppliers | 440/4 | €5,875 | €12,920 | +€7,044 | +120% |
| Taxes, remuneration and social security | 45 | €25,097 | €25,060 | -€38 | -0.2% |
| Taxes | 450/3 | €25,097 | €25,060 | -€38 | -0.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,222 | €10,611 | +€1,390 | +15.1% |
| Other operating charges | 640/8 | €1,004 | €1,038 | +€34 | +3.4% |
| Gross operating margin | 9900 | €33,347 | €45,377 | +€12,030 | +36.1% |
| Operating profit (loss) | 9901 | €23,121 | €33,727 | +€10,606 | +45.9% |
| Financial income | 75/76B | €336 | €188 | -€148 | -44.1% |
| Recurring financial income | 75 | €336 | €188 | -€148 | -44.1% |
| Financial charges | 65/66B | €1,856 | €4,561 | +€2,705 | +146% |
| Recurring financial charges | 65 | €1,856 | €4,561 | +€2,705 | +146% |
| Profit (loss) for the period before taxes | 9903 | €21,601 | €29,355 | +€7,753 | +35.9% |
| Income taxes | 67/77 | €8,193 | €9,939 | +€1,747 | +21.3% |
| Profit (loss) for the period | 9904 | €13,409 | €19,415 | +€6,006 | +44.8% |
| Profit (loss) for the period to be appropriated | 9905 | €13,409 | €19,415 | +€6,006 | +44.8% |
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 5 November 2026 via checked.be.