Software and Engineering in Construction: 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.
Software and Engineering in Construction
Largest movements
- Cash +€37,860
up €37,860 (+27.5%), from €137,845 to €175,705
mainly Net result for the year (+€94,706) and Other debts (+€32,723)
- Receivables within one year -€2,321
no longer reported in 2025 (was €2,321)
- Other debts +€32,723
up €32,723 (+55.0%), from €59,512 to €92,234
- Provisions +€5,000
up €5,000 (+55.6%), from €9,000 to €14,000
- Reserves -€4,094
down €4,094 (-9.0%), from €45,664 to €41,570
of which Distributable reserves: -€4,094
- Gross operating margin +€39,167
up €39,167 (+61.8%), from €63,397 to €102,565
- Financial income -€1,286
down €1,286 (-70.2%), from €1,831 to €545
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 | €144,463 | €178,119 | +€33,656 | +23.3% |
| Fixed assets | 21/28 | €3,008 | €2,067 | -€941 | -31.3% |
| Tangible fixed assets | 22/27 | €3,008 | €2,067 | -€941 | -31.3% |
| Land and buildings | 22 | €2,518 | €1,703 | -€815 | -32.4% |
| Furniture and vehicles | 24 | €490 | €363 | -€126 | -25.8% |
| Current assets | 29/58 | €141,455 | €176,052 | +€34,597 | +24.5% |
| Amounts receivable within one year | 40/41 | €2,321 | - | -€2,321 | |
| Other amounts receivable | 41 | €2,321 | - | -€2,321 | |
| Cash at bank and in hand | 54/58 | €137,845 | €175,705 | +€37,860 | +27.5% |
| Deferred charges and accrued income | 490/1 | €1,289 | €347 | -€942 | -73.1% |
| Total equity and liabilities | 10/49 | €144,463 | €178,119 | +€33,656 | +23.3% |
| Equity | 10/15 | €70,664 | €66,570 | -€4,094 | -5.8% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €45,664 | €41,570 | -€4,094 | -9.0% |
| Tax-exempt reserves | 132 | €264 | €264 | = | 0.0% |
| Distributable reserves | 133 | €45,400 | €41,306 | -€4,094 | -9.0% |
| Provisions and deferred taxes | 16 | €9,000 | €14,000 | +€5,000 | +55.6% |
| Provisions for liabilities and charges | 160/5 | €9,000 | €14,000 | +€5,000 | +55.6% |
| Other liabilities and charges | 164/5 | €9,000 | €14,000 | +€5,000 | +55.6% |
| Amounts payable | 17/49 | €64,799 | €97,549 | +€32,750 | +50.5% |
| Amounts payable within one year | 42/48 | €64,799 | €97,194 | +€32,394 | +50.0% |
| Trade debts | 44 | €4,111 | €3,876 | -€236 | -5.7% |
| Suppliers | 440/4 | €4,111 | €3,876 | -€236 | -5.7% |
| Taxes, remuneration and social security | 45 | €1,176 | €1,084 | -€92 | -7.9% |
| Taxes | 450/3 | €1,176 | €1,084 | -€92 | -7.9% |
| Other amounts payable | 47/48 | €59,512 | €92,234 | +€32,723 | +55.0% |
| Accrued charges and deferred income | 492/3 | - | €356 | +€356 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,304 | €941 | -€363 | -27.8% |
| Other operating charges | 640/8 | €143 | €144 | +€1 | +0.5% |
| Non-recurring operating charges | 66A | - | €5,000 | +€5,000 | |
| Gross operating margin | 9900 | €63,397 | €102,565 | +€39,167 | +61.8% |
| Operating profit (loss) | 9901 | €61,950 | €96,479 | +€34,529 | +55.7% |
| Financial income | 75/76B | €1,831 | €545 | -€1,286 | -70.2% |
| Recurring financial income | 75 | €1,831 | €545 | -€1,286 | -70.2% |
| Financial charges | 65/66B | €40 | €42 | +€2 | +6.1% |
| Recurring financial charges | 65 | €40 | €42 | +€2 | +6.1% |
| Profit (loss) for the period before taxes | 9903 | €63,742 | €96,983 | +€33,241 | +52.1% |
| Income taxes | 67/77 | €2,219 | €2,276 | +€57 | +2.6% |
| Profit (loss) for the period | 9904 | €61,522 | €94,706 | +€33,184 | +53.9% |
| Profit (loss) for the period to be appropriated | 9905 | €61,522 | €94,706 | +€33,184 | +53.9% |
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 14 October 2026 via checked.be.