SOFTE - SERVICE: 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.
SOFTE - SERVICE
Largest movements
- Current investments +€600,000
new in 2025: €600,000
- Stocks and contracts -€288,377
down €288,377 (-26.1%), from €1.1m to €814,695
- Tangible fixed assets +€235,463
up €235,463 (+165.5%), from €142,237 to €377,700
of which Land and buildings: +€186,201
- Cash -€233,458
down €233,458 (-22.3%), from €1.0m to €811,911
mainly Current investments (-€600,000) and Investment in fixed assets (net) (-€252,571)
- Reserves +€342,000
up €342,000 (+28.6%), from €1.2m to €1.5m
of which Distributable reserves: +€342,000
- Trade debts -€50,637
down €50,637 (-89.2%), from €56,767 to €6,130
- Other operating charges +€25,576
up €25,576 (+600.2%), from €4,262 to €29,838
- Taxes -€16,165
down €16,165 (-9.4%), from €172,734 to €156,569
- Gross operating margin -€7,551
down €7,551 (-1.3%), from €561,863 to €554,312
- Depreciation +€7,550
up €7,550 (+72.2%), from €10,449 to €17,999
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 | €2,376,457 | €2,669,690 | +€293,233 | +12.3% |
| Fixed assets | 21/28 | €145,366 | €379,938 | +€234,572 | +161.4% |
| Intangible fixed assets | 21 | €3,080 | €2,189 | -€891 | -28.9% |
| Tangible fixed assets | 22/27 | €142,237 | €377,700 | +€235,463 | +165.5% |
| Land and buildings | 22 | €139,839 | €326,040 | +€186,201 | +133.2% |
| Plant, machinery and equipment | 23 | €2,398 | €1,344 | -€1,054 | -44.0% |
| Furniture and vehicles | 24 | - | €50,316 | +€50,316 | |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €2,231,091 | €2,289,751 | +€58,660 | +2.6% |
| Stocks and contracts in progress | 3 | €1,103,072 | €814,695 | -€288,377 | -26.1% |
| Stocks | 30/36 | €1,103,072 | €814,695 | -€288,377 | -26.1% |
| Amounts receivable within one year | 40/41 | €79,510 | €60,583 | -€18,927 | -23.8% |
| Trade receivables | 40 | €61,058 | €46,068 | -€14,990 | -24.6% |
| Other amounts receivable | 41 | €18,452 | €14,516 | -€3,937 | -21.3% |
| Current investments | 50/53 | - | €600,000 | +€600,000 | |
| Cash at bank and in hand | 54/58 | €1,045,369 | €811,911 | -€233,458 | -22.3% |
| Deferred charges and accrued income | 490/1 | €3,139 | €2,561 | -€577 | -18.4% |
| Total equity and liabilities | 10/49 | €2,376,457 | €2,669,690 | +€293,233 | +12.3% |
| Equity | 10/15 | €1,928,793 | €2,270,962 | +€342,170 | +17.7% |
| Contributions | 10/11 | €62,717 | €62,717 | = | 0.0% |
| Capital | 10 | €62,717 | €62,717 | = | 0.0% |
| Issued capital | 100 | €62,717 | €62,717 | = | 0.0% |
| Reserves | 13 | €1,195,272 | €1,537,272 | +€342,000 | +28.6% |
| Non-distributable reserves | 130/1 | €6,272 | €6,272 | = | 0.0% |
| Legal reserve | 130 | €6,272 | €6,272 | = | 0.0% |
| Distributable reserves | 133 | €1,189,000 | €1,531,000 | +€342,000 | +28.8% |
| Profit (loss) carried forward | 14 | €670,804 | €670,974 | +€170 | 0.0% |
| Amounts payable | 17/49 | €447,664 | €398,727 | -€48,937 | -10.9% |
| Amounts payable after more than one year | 17 | €150,000 | €150,000 | = | 0.0% |
| Financial debts | 170/4 | €150,000 | €150,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €287,226 | €229,988 | -€57,237 | -19.9% |
| Trade debts | 44 | €56,767 | €6,130 | -€50,637 | -89.2% |
| Suppliers | 440/4 | €56,767 | €6,130 | -€50,637 | -89.2% |
| Taxes, remuneration and social security | 45 | €6,600 | - | -€6,600 | |
| Taxes | 450/3 | €6,600 | - | -€6,600 | |
| Other amounts payable | 47/48 | €223,858 | €223,858 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €10,439 | €18,739 | +€8,301 | +79.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,449 | €17,999 | +€7,550 | +72.2% |
| Other operating charges | 640/8 | €4,262 | €29,838 | +€25,576 | +600.2% |
| Gross operating margin | 9900 | €561,863 | €554,312 | -€7,551 | -1.3% |
| Operating profit (loss) | 9901 | €547,151 | €506,475 | -€40,677 | -7.4% |
| Financial income | 75/76B | €9,849 | €7,460 | -€2,388 | -24.2% |
| Recurring financial income | 75 | €9,849 | €7,460 | -€2,388 | -24.2% |
| Financial charges | 65/66B | €17,518 | €15,197 | -€2,321 | -13.3% |
| Recurring financial charges | 65 | €17,518 | €15,197 | -€2,321 | -13.3% |
| Profit (loss) for the period before taxes | 9903 | €539,482 | €498,738 | -€40,744 | -7.6% |
| Income taxes | 67/77 | €172,734 | €156,569 | -€16,165 | -9.4% |
| Profit (loss) for the period | 9904 | €366,749 | €342,170 | -€24,579 | -6.7% |
| Profit (loss) for the period to be appropriated | 9905 | €366,749 | €342,170 | -€24,579 | -6.7% |
Source: filed annual accounts (NBB), fiscal years ended 30 December 2024 and 30 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.