SoftTouch: 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.
SoftTouch
Largest movements
- Current investments -€100,000
down €100,000 (-100%), from €100,000 to €0
- Tangible fixed assets -€43,495
down €43,495 (-43.3%), from €100,351 to €56,856
of which Furniture and vehicles: -€44,919
- Cash -€39,238
down €39,238 (-20.4%), from €192,547 to €153,309
mainly Short-term financial debts (-€160,584) and Other debts (-€98,118)
- Receivables within one year +€34,595
up €34,595 (+83.2%), from €41,600 to €76,195
of which Trade receivables: +€34,595
- Reserves +€182,935
up €182,935 (+12.1%), from €1.5m to €1.7m
- Short-term financial debts -€160,584
down €160,584 (-89.4%), from €179,537 to €18,952
- Other debts -€98,118
down €98,118 (-49.6%), from €197,994 to €99,876
- Trade debts -€39,599
down €39,599 (-29.9%), from €132,600 to €93,001
- Financial income +€48,958
up €48,958 (+2,290%), from €2,138 to €51,096
- Depreciation -€28,980
down €28,980 (-33.5%), from €86,488 to €57,508
- Gross operating margin +€20,241
up €20,241 (+3.5%), from €575,480 to €595,721
- Staff costs +€12,137
up €12,137 (+5.0%), from €243,816 to €255,952
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 | €2,105,610 | €1,968,460 | -€137,150 | -6.5% |
| Fixed assets | 21/28 | €1,729,216 | €1,685,384 | -€43,832 | -2.5% |
| Intangible fixed assets | 21 | €493 | €143 | -€350 | -71.0% |
| Tangible fixed assets | 22/27 | €100,351 | €56,856 | -€43,495 | -43.3% |
| Land and buildings | 22 | €23,874 | €19,669 | -€4,205 | -17.6% |
| Plant, machinery and equipment | 23 | €4,840 | €10,469 | +€5,629 | +116% |
| Furniture and vehicles | 24 | €71,637 | €26,718 | -€44,919 | -62.7% |
| Financial fixed assets | 28 | €1,628,372 | €1,628,385 | +€13 | 0.0% |
| Current assets | 29/58 | €376,394 | €283,077 | -€93,317 | -24.8% |
| Stocks and contracts in progress | 3 | €35,273 | €45,412 | +€10,139 | +28.7% |
| Stocks | 30/36 | €35,273 | €45,412 | +€10,139 | +28.7% |
| Amounts receivable within one year | 40/41 | €41,600 | €76,195 | +€34,595 | +83.2% |
| Trade receivables | 40 | €41,600 | €76,195 | +€34,595 | +83.2% |
| Other amounts receivable | 41 | €0 | - | = | |
| Current investments | 50/53 | €100,000 | €0 | -€100,000 | -100% |
| Cash at bank and in hand | 54/58 | €192,547 | €153,309 | -€39,238 | -20.4% |
| Deferred charges and accrued income | 490/1 | €6,973 | €8,161 | +€1,187 | +17.0% |
| Total equity and liabilities | 10/49 | €2,105,610 | €1,968,460 | -€137,150 | -6.5% |
| Equity | 10/15 | €1,516,999 | €1,699,939 | +€182,939 | +12.1% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €1,506,990 | €1,689,925 | +€182,935 | +12.1% |
| Distributable reserves | 133 | €1,506,990 | €1,689,925 | +€182,935 | +12.1% |
| Profit (loss) carried forward | 14 | €9 | €14 | +€4 | +49.8% |
| Amounts payable | 17/49 | €588,611 | €268,522 | -€320,089 | -54.4% |
| Amounts payable after more than one year | 17 | €18,952 | €0 | -€18,952 | -100% |
| Financial debts | 170/4 | €18,952 | €0 | -€18,952 | -100% |
| Amounts payable within one year | 42/48 | €568,807 | €267,796 | -€301,011 | -52.9% |
| Financial debts | 43 | €179,537 | €18,952 | -€160,584 | -89.4% |
| Credit institutions | 430/8 | €179,537 | €18,952 | -€160,584 | -89.4% |
| Trade debts | 44 | €132,600 | €93,001 | -€39,599 | -29.9% |
| Suppliers | 440/4 | €132,600 | €93,001 | -€39,599 | -29.9% |
| Taxes, remuneration and social security | 45 | €58,676 | €55,966 | -€2,710 | -4.6% |
| Taxes | 450/3 | €23,469 | €29,112 | +€5,642 | +24.0% |
| Remuneration and social security | 454/9 | €35,207 | €26,855 | -€8,352 | -23.7% |
| Other amounts payable | 47/48 | €197,994 | €99,876 | -€98,118 | -49.6% |
| Accrued charges and deferred income | 492/3 | €852 | €726 | -€126 | -14.8% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €243,816 | €255,952 | +€12,137 | +5.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €86,488 | €57,508 | -€28,980 | -33.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €5,356 | €3,795 | -€1,561 | -29.1% |
| Other operating charges | 640/8 | €1,681 | €2,157 | +€476 | +28.3% |
| Gross operating margin | 9900 | €575,480 | €595,721 | +€20,241 | +3.5% |
| Operating profit (loss) | 9901 | €238,139 | €276,308 | +€38,169 | +16.0% |
| Financial income | 75/76B | €2,138 | €51,096 | +€48,958 | +2,290% |
| Recurring financial income | 75 | €2,138 | €51,096 | +€48,958 | +2,290% |
| Financial charges | 65/66B | €6,180 | €4,567 | -€1,613 | -26.1% |
| Recurring financial charges | 65 | €6,180 | €4,567 | -€1,613 | -26.1% |
| Profit (loss) for the period before taxes | 9903 | €234,096 | €322,837 | +€88,741 | +37.9% |
| Income taxes | 67/77 | €63,159 | €64,897 | +€1,738 | +2.8% |
| Profit (loss) for the period | 9904 | €170,937 | €257,939 | +€87,003 | +50.9% |
| Profit (loss) for the period to be appropriated | 9905 | €170,937 | €257,939 | +€87,003 | +50.9% |
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 13 October 2026 via checked.be.