SOFTEDGE STUDIO: 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.
SOFTEDGE STUDIO
Largest movements
- Receivables within one year -€23,838
down €23,838 (-54.3%), from €43,941 to €20,103
of which Trade receivables: -€26,655
- Cash +€8,329
up €8,329 (+1095.7%), from €760 to €9,089
mainly Receivables within one year (+€23,838) and Tax, wage and social debts (+€10,567)
- Deferred charges and accrued income -€5,574
no longer reported in 2024 (was €5,574)
- Tangible fixed assets -€1,692
down €1,692 (-80.9%), from €2,092 to €400
- Profit (loss) carried forward -€20,877
down €20,877 (-86.6%), from -€24,118 to -€44,995
- Tax, wage and social debts +€10,567
up €10,567 (+49.5%), from €21,336 to €31,903
of which Remuneration and social security: +€8,564
- Other debts -€10,406
down €10,406 (-30.7%), from €33,920 to €23,514
- Trade debts -€1,639
down €1,639 (-60.5%), from €2,710 to €1,071
- Staff costs +€3,077
up €3,077 (+4.6%), from €66,541 to €69,618
- Gross operating margin -€1,240
down €1,240 (-2.2%), from €56,240 to €55,000
- Other operating charges -€969
down €969 (-76.8%), from €1,261 to €292
- Depreciation -€747
down €747 (-38.7%), from €1,930 to €1,182
- Financial charges +€625
up €625 (+249.1%), from €251 to €876
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 | €55,007 | €32,233 | -€22,774 | -41.4% |
| Fixed assets | 21/28 | €4,732 | €3,040 | -€1,692 | -35.7% |
| Tangible fixed assets | 22/27 | €2,092 | €400 | -€1,692 | -80.9% |
| Furniture and vehicles | 24 | €2,092 | €400 | -€1,692 | -80.9% |
| Financial fixed assets | 28 | €2,640 | €2,640 | = | 0.0% |
| Current assets | 29/58 | €50,275 | €29,192 | -€21,083 | -41.9% |
| Amounts receivable within one year | 40/41 | €43,941 | €20,103 | -€23,838 | -54.3% |
| Trade receivables | 40 | €43,438 | €16,783 | -€26,655 | -61.4% |
| Other amounts receivable | 41 | €503 | €3,320 | +€2,817 | +559.8% |
| Cash at bank and in hand | 54/58 | €760 | €9,089 | +€8,329 | +1095.7% |
| Deferred charges and accrued income | 490/1 | €5,574 | - | -€5,574 | |
| Total equity and liabilities | 10/49 | €55,007 | €32,233 | -€22,774 | -41.4% |
| Equity | 10/15 | -€3,713 | -€24,590 | -€20,877 | -562.3% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €1,855 | €1,855 | = | 0.0% |
| Distributable reserves | 133 | €1,855 | €1,855 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€24,118 | -€44,995 | -€20,877 | -86.6% |
| Amounts payable | 17/49 | €58,720 | €56,822 | -€1,898 | -3.2% |
| Amounts payable within one year | 42/48 | €57,967 | €56,489 | -€1,478 | -2.5% |
| Trade debts | 44 | €2,710 | €1,071 | -€1,639 | -60.5% |
| Suppliers | 440/4 | €2,710 | €1,071 | -€1,639 | -60.5% |
| Taxes, remuneration and social security | 45 | €21,336 | €31,903 | +€10,567 | +49.5% |
| Taxes | 450/3 | €4,087 | €6,090 | +€2,003 | +49.0% |
| Remuneration and social security | 454/9 | €17,250 | €25,813 | +€8,564 | +49.6% |
| Other amounts payable | 47/48 | €33,920 | €23,514 | -€10,406 | -30.7% |
| Accrued charges and deferred income | 492/3 | €753 | €333 | -€420 | -55.8% |
| Remuneration, social security and pensions | 62 | €66,541 | €69,618 | +€3,077 | +4.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,930 | €1,182 | -€747 | -38.7% |
| Other operating charges | 640/8 | €1,261 | €292 | -€969 | -76.8% |
| Non-recurring operating charges | 66A | - | €3,725 | +€3,725 | |
| Gross operating margin | 9900 | €56,240 | €55,000 | -€1,240 | -2.2% |
| Operating profit (loss) | 9901 | -€13,492 | -€19,817 | -€6,325 | -46.9% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €251 | €876 | +€625 | +249.1% |
| Recurring financial charges | 65 | €251 | €876 | +€625 | +249.1% |
| Profit (loss) for the period before taxes | 9903 | -€13,743 | -€20,693 | -€6,951 | -50.6% |
| Income taxes | 67/77 | €247 | €183 | -€64 | -25.8% |
| Profit (loss) for the period | 9904 | -€13,989 | -€20,877 | -€6,887 | -49.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€13,989 | -€20,877 | -€6,887 | -49.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.