SOFTIES: 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.
SOFTIES
Largest movements
- Stocks and contracts +€167,949
up €167,949 (+55.9%), from €300,438 to €468,387
- Receivables within one year -€13,867
down €13,867 (-26.8%), from €51,784 to €37,917
of which Trade receivables: -€23,350
- Cash +€11,025
up €11,025 (+6.5%), from €170,804 to €181,829
mainly Debts after one year (+€217,000) and Net result for the year (+€37,151)
- Deferred charges and accrued income +€9,208
new in 2025: €9,208
- Debts after one year +€217,000
up €217,000 (+61.1%), from €355,000 to €572,000
- Short-term financial debts -€96,000
no longer reported in 2025 (was €96,000)
- Reserves +€37,151
up €37,151 (+517%), from €7,189 to €44,340
of which Distributable reserves: +€37,151
- Tax, wage and social debts +€15,359
up €15,359 (+233%), from €6,606 to €21,965
of which Taxes: +€15,359
- Gross operating margin +€63,009
up €63,009 (+440%), from €14,321 to €77,330
- Taxes +€16,679
up €16,679 (+1,088%), from €1,533 to €18,212
- Financial charges +€6,976
up €6,976 (+75.5%), from €9,241 to €16,217
- Other operating charges +€4,417
new in 2025: €4,417
- Depreciation +€1,332
new in 2025: €1,332
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 | €535,116 | €712,882 | +€177,766 | +33.2% |
| Fixed assets | 21/28 | €12,090 | €15,541 | +€3,451 | +28.5% |
| Tangible fixed assets | 22/27 | €11,990 | €15,441 | +€3,451 | +28.8% |
| Plant, machinery and equipment | 23 | €11,990 | €11,990 | = | 0.0% |
| Furniture and vehicles | 24 | - | €3,451 | +€3,451 | |
| Financial fixed assets | 28 | €100 | €100 | = | 0.0% |
| Current assets | 29/58 | €523,026 | €697,341 | +€174,315 | +33.3% |
| Stocks and contracts in progress | 3 | €300,438 | €468,387 | +€167,949 | +55.9% |
| Stocks | 30/36 | €300,438 | €468,387 | +€167,949 | +55.9% |
| Amounts receivable within one year | 40/41 | €51,784 | €37,917 | -€13,867 | -26.8% |
| Trade receivables | 40 | €35,892 | €12,542 | -€23,350 | -65.1% |
| Other amounts receivable | 41 | €15,892 | €25,375 | +€9,483 | +59.7% |
| Cash at bank and in hand | 54/58 | €170,804 | €181,829 | +€11,025 | +6.5% |
| Deferred charges and accrued income | 490/1 | - | €9,208 | +€9,208 | |
| Total equity and liabilities | 10/49 | €535,116 | €712,882 | +€177,766 | +33.2% |
| Equity | 10/15 | €68,181 | €105,332 | +€37,151 | +54.5% |
| Contributions | 10/11 | €74,368 | €74,368 | = | 0.0% |
| Reserves | 13 | €7,189 | €44,340 | +€37,151 | +517% |
| Non-distributable reserves | 130/1 | €2,231 | €2,231 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,231 | - | -€2,231 | |
| Other | 1319 | - | €2,231 | +€2,231 | |
| Distributable reserves | 133 | €4,958 | €42,109 | +€37,151 | +749% |
| Profit (loss) carried forward | 14 | -€13,376 | -€13,376 | = | 0.0% |
| Amounts payable | 17/49 | €466,935 | €607,550 | +€140,614 | +30.1% |
| Amounts payable after more than one year | 17 | €355,000 | €572,000 | +€217,000 | +61.1% |
| Financial debts | 170/4 | €355,000 | €572,000 | +€217,000 | +61.1% |
| Amounts payable within one year | 42/48 | €111,935 | €35,550 | -€76,386 | -68.2% |
| Financial debts | 43 | €96,000 | - | -€96,000 | |
| Credit institutions | 430/8 | €96,000 | - | -€96,000 | |
| Trade debts | 44 | €5,116 | €9,194 | +€4,078 | +79.7% |
| Suppliers | 440/4 | €5,116 | €9,194 | +€4,078 | +79.7% |
| Taxes, remuneration and social security | 45 | €6,606 | €21,965 | +€15,359 | +233% |
| Taxes | 450/3 | €4,985 | €20,344 | +€15,359 | +308% |
| Remuneration and social security | 454/9 | €1,621 | €1,621 | = | 0.0% |
| Other amounts payable | 47/48 | €4,213 | €4,390 | +€177 | +4.2% |
| Non-recurring operating income | 76A | €1,774 | €160,249 | +€158,476 | +8,935% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €1,332 | +€1,332 | |
| Other operating charges | 640/8 | - | €4,417 | +€4,417 | |
| Gross operating margin | 9900 | €14,321 | €77,330 | +€63,009 | +440% |
| Operating profit (loss) | 9901 | €14,321 | €71,580 | +€57,259 | +400% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €9,241 | €16,217 | +€6,976 | +75.5% |
| Recurring financial charges | 65 | €9,241 | €16,217 | +€6,976 | +75.5% |
| Profit (loss) for the period before taxes | 9903 | €5,079 | €55,364 | +€50,285 | +990% |
| Income taxes | 67/77 | €1,533 | €18,212 | +€16,679 | +1,088% |
| Profit (loss) for the period | 9904 | €3,546 | €37,151 | +€33,605 | +948% |
| Profit (loss) for the period to be appropriated | 9905 | €3,546 | €37,151 | +€33,605 | +948% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.