SOFTQUEST: 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.
What changed
SOFTQUEST
NACE 62.200, Computer consultancy and computer facilities management
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€9,408
2024 · €28,765-€19,357
Equity
€302,454
2024 · €293,046+€9,408
Cash
€10,084
2024 · €9,167+€916
Balance sheet total
€595,048
2024 · €594,698+€350
Largest movements
Assets
- Tangible fixed assets -€14,851
down €14,851 (-3.0%), from €494,655 to €479,804
of which Land and buildings: -€11,358
- Current investments +€12,544
up €12,544 (+28.4%), from €44,138 to €56,682
Equity and liabilities
- Reserves +€9,408
up €9,408 (+5.3%), from €178,046 to €187,454
- Current portion of long-term debt -€7,991
down €7,991 (-35.6%), from €22,471 to €14,480
Income statement
- Financial income -€13,813
down €13,813 (-91.3%), from €15,135 to €1,321
- Gross operating margin -€10,109
down €10,109 (-12.8%), from €79,101 to €68,992
- Taxes -€6,953
down €6,953 (-58.7%), from €11,837 to €4,885
- Financial charges +€1,959
up €1,959 (+9.5%), from €20,564 to €22,524
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.
Result 2024
€28,765
Gross operating margin
-€10,109
Depreciation
-€58
Other operating charges
-€370
Financial income
-€13,813
Financial charges
-€1,959
Taxes
+€6,953
Result 2025
€9,408
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.
From operations
+€38,832
Investment
-€25,432
Financing
-€12,484
Cash 2024
€9,167
From operations (derived)
+€38,832
Net result for the year
+€9,408
Depreciation
+€27,739
Receivables within one year
-€2,919
Deferred charges and accrued income
+€1,178
Trade debts
+€3,910
Tax, wage and social debts
-€4,251
Advances received
+€1,145
Other debts
-€756
Accrued charges and deferred income
+€3,378
Investment (derived)
-€25,432
Investment in fixed assets (net)
-€12,888
Current investments
-€12,544
Financing
-€12,484
Debts after one year
-€4,480
Current portion of long-term debt
-€7,991
Short-term financial debts
-€13
Cash 2025
€10,084
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €594,698 | €595,048 | +€350 | +0.1% |
| Fixed assets | 21/28 | €494,655 | €479,804 | -€14,851 | -3.0% |
| Tangible fixed assets | 22/27 | €494,655 | €479,804 | -€14,851 | -3.0% |
| Land and buildings | 22 | €483,194 | €471,836 | -€11,358 | -2.4% |
| Plant, machinery and equipment | 23 | €0 | €974 | +€974 | |
| Furniture and vehicles | 24 | €11,461 | €6,994 | -€4,467 | -39.0% |
| Current assets | 29/58 | €100,042 | €115,244 | +€15,202 | +15.2% |
| Amounts receivable within one year | 40/41 | €32,888 | €35,807 | +€2,919 | +8.9% |
| Trade receivables | 40 | €32,823 | €32,932 | +€109 | +0.3% |
| Other amounts receivable | 41 | €65 | €2,875 | +€2,810 | +4317.4% |
| Current investments | 50/53 | €44,138 | €56,682 | +€12,544 | +28.4% |
| Cash at bank and in hand | 54/58 | €9,167 | €10,084 | +€916 | +10.0% |
| Deferred charges and accrued income | 490/1 | €13,848 | €12,671 | -€1,178 | -8.5% |
| Total equity and liabilities | 10/49 | €594,698 | €595,048 | +€350 | +0.1% |
| Equity | 10/15 | €293,046 | €302,454 | +€9,408 | +3.2% |
| Contributions | 10/11 | €115,000 | €115,000 | = | 0.0% |
| Reserves | 13 | €178,046 | €187,454 | +€9,408 | +5.3% |
| Distributable reserves | 133 | €178,046 | €187,454 | +€9,408 | +5.3% |
| Amounts payable | 17/49 | €301,652 | €292,595 | -€9,057 | -3.0% |
| Amounts payable after more than one year | 17 | €27,925 | €23,445 | -€4,480 | -16.0% |
| Financial debts | 170/4 | €27,925 | €23,445 | -€4,480 | -16.0% |
| Amounts payable within one year | 42/48 | €260,912 | €252,957 | -€7,955 | -3.0% |
| Current portion of amounts payable after more than one year | 42 | €22,471 | €14,480 | -€7,991 | -35.6% |
| Financial debts | 43 | €2,536 | €2,523 | -€13 | -0.5% |
| Credit institutions | 430/8 | €2,536 | €2,523 | -€13 | -0.5% |
| Trade debts | 44 | €2,576 | €6,487 | +€3,910 | +151.8% |
| Suppliers | 440/4 | €2,576 | €6,487 | +€3,910 | +151.8% |
| Advances received on contracts in progress | 46 | €2,345 | €3,489 | +€1,145 | +48.8% |
| Taxes, remuneration and social security | 45 | €13,025 | €8,774 | -€4,251 | -32.6% |
| Taxes | 450/3 | €10,500 | €8,774 | -€1,725 | -16.4% |
| Remuneration and social security | 454/9 | €2,525 | €0 | -€2,525 | -100.0% |
| Other amounts payable | 47/48 | €217,959 | €217,203 | -€756 | -0.3% |
| Accrued charges and deferred income | 492/3 | €12,815 | €16,193 | +€3,378 | +26.4% |
| Non-recurring operating income | 76A | €4,069 | €0 | -€4,069 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,681 | €27,739 | +€58 | +0.2% |
| Other operating charges | 640/8 | €5,388 | €5,758 | +€370 | +6.9% |
| Gross operating margin | 9900 | €79,101 | €68,992 | -€10,109 | -12.8% |
| Operating profit (loss) | 9901 | €46,032 | €35,495 | -€10,537 | -22.9% |
| Financial income | 75/76B | €15,135 | €1,321 | -€13,813 | -91.3% |
| Recurring financial income | 75 | €15,135 | €1,321 | -€13,813 | -91.3% |
| Financial charges | 65/66B | €20,564 | €22,524 | +€1,959 | +9.5% |
| Recurring financial charges | 65 | €20,564 | €22,524 | +€1,959 | +9.5% |
| Profit (loss) for the period before taxes | 9903 | €40,602 | €14,293 | -€26,310 | -64.8% |
| Income taxes | 67/77 | €11,837 | €4,885 | -€6,953 | -58.7% |
| Profit (loss) for the period | 9904 | €28,765 | €9,408 | -€19,357 | -67.3% |
| Profit (loss) for the period to be appropriated | 9905 | €28,765 | €9,408 | -€19,357 | -67.3% |
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 12 October 2026 via checked.be.