SOFTWARE & APPLICATION DEVELOPMENT: what changed
Two fiscal 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 & APPLICATION DEVELOPMENT
Largest movements
- Cash +€42,747
up €42,747 (+385.1%), from €11,101 to €53,848
mainly Receivables within one year (+€19,858) and Net result for the year (+€14,261)
- Receivables within one year -€19,858
down €19,858 (-54.9%), from €36,140 to €16,282
of which Trade receivables: -€19,533
- Tangible fixed assets -€1,808
down €1,808 (-75.1%), from €2,407 to €598
- Profit (loss) carried forward +€14,261
up €14,261 (+847.5%), from €1,683 to €15,944
- Trade debts +€9,437
up €9,437 (+1372.9%), from €687 to €10,124
- Tax, wage and social debts -€4,987
down €4,987 (-35.9%), from €13,904 to €8,918
- Other debts +€2,369
up €2,369 (+8.3%), from €28,373 to €30,742
- Gross operating margin +€17,974
up €17,974 (+300.1%), from €5,988 to €23,962
- Taxes +€5,336
up €5,336 (+354.5%), from €1,505 to €6,841
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €49,647 | €70,728 | +€21,081 | +42.5% |
| Fixed assets | 21/28 | €2,407 | €598 | -€1,808 | -75.1% |
| Tangible fixed assets | 22/27 | €2,407 | €598 | -€1,808 | -75.1% |
| Furniture and vehicles | 24 | €2,407 | €598 | -€1,808 | -75.1% |
| Current assets | 29/58 | €47,241 | €70,130 | +€22,889 | +48.5% |
| Amounts receivable within one year | 40/41 | €36,140 | €16,282 | -€19,858 | -54.9% |
| Trade receivables | 40 | €34,598 | €15,065 | -€19,533 | -56.5% |
| Other amounts receivable | 41 | €1,542 | €1,217 | -€325 | -21.1% |
| Cash at bank and in hand | 54/58 | €11,101 | €53,848 | +€42,747 | +385.1% |
| Total equity and liabilities | 10/49 | €49,647 | €70,728 | +€21,081 | +42.5% |
| Equity | 10/15 | €6,683 | €20,944 | +€14,261 | +213.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,683 | €15,944 | +€14,261 | +847.5% |
| Amounts payable | 17/49 | €42,965 | €49,784 | +€6,819 | +15.9% |
| Amounts payable within one year | 42/48 | €42,965 | €49,784 | +€6,819 | +15.9% |
| Trade debts | 44 | €687 | €10,124 | +€9,437 | +1372.9% |
| Suppliers | 440/4 | €687 | €10,124 | +€9,437 | +1372.9% |
| Taxes, remuneration and social security | 45 | €13,904 | €8,918 | -€4,987 | -35.9% |
| Taxes | 450/3 | €13,904 | €8,918 | -€4,987 | -35.9% |
| Other amounts payable | 47/48 | €28,373 | €30,742 | +€2,369 | +8.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,808 | €1,808 | = | 0.0% |
| Other operating charges | 640/8 | €699 | €582 | -€117 | -16.7% |
| Gross operating margin | 9900 | €5,988 | €23,962 | +€17,974 | +300.1% |
| Operating profit (loss) | 9901 | €3,481 | €21,571 | +€18,090 | +519.7% |
| Financial charges | 65/66B | €293 | €469 | +€176 | +60.2% |
| Recurring financial charges | 65 | €293 | €469 | +€176 | +60.2% |
| Profit (loss) for the period before taxes | 9903 | €3,188 | €21,102 | +€17,914 | +561.9% |
| Income taxes | 67/77 | €1,505 | €6,841 | +€5,336 | +354.5% |
| Profit (loss) for the period | 9904 | €1,683 | €14,261 | +€12,579 | +747.5% |
| Profit (loss) for the period to be appropriated | 9905 | €1,683 | €14,261 | +€12,579 | +747.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.