Software 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 Development
Largest movements
- Receivables within one year -€21,961
down €21,961 (-40.2%), from €54,647 to €32,686
of which Trade receivables: -€22,057
- Tangible fixed assets -€6,580
down €6,580 (-13.2%), from €49,784 to €43,205
of which Land and buildings: -€4,398
- Profit (loss) carried forward -€16,809
down €16,809, from €1,155 to -€15,654
- Trade debts -€13,308
down €13,308 (-51.2%), from €25,999 to €12,691
- Other debts +€3,464
up €3,464 (+4.1%), from €85,226 to €88,690
- Gross operating margin -€13,281
down €13,281, from €8,738 to -€4,543
- Financial charges +€870
up €870 (+485.3%), from €179 to €1,050
- Depreciation +€146
up €146 (+2.3%), from €6,434 to €6,580
- Other operating charges +€135
up €135 (+3.0%), from €4,503 to €4,637
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 | €218,953 | €192,299 | -€26,653 | -12.2% |
| Fixed assets | 21/28 | €160,559 | €153,979 | -€6,580 | -4.1% |
| Tangible fixed assets | 22/27 | €49,784 | €43,205 | -€6,580 | -13.2% |
| Land and buildings | 22 | €43,635 | €39,237 | -€4,398 | -10.1% |
| Plant, machinery and equipment | 23 | €2,145 | €1,102 | -€1,042 | -48.6% |
| Furniture and vehicles | 24 | €4,005 | €2,865 | -€1,139 | -28.5% |
| Financial fixed assets | 28 | €110,774 | €110,774 | = | 0.0% |
| Current assets | 29/58 | €58,394 | €38,320 | -€20,074 | -34.4% |
| Amounts receivable within one year | 40/41 | €54,647 | €32,686 | -€21,961 | -40.2% |
| Trade receivables | 40 | €52,186 | €30,129 | -€22,057 | -42.3% |
| Other amounts receivable | 41 | €2,461 | €2,557 | +€96 | +3.9% |
| Cash at bank and in hand | 54/58 | €3,689 | €5,575 | +€1,887 | +51.2% |
| Deferred charges and accrued income | 490/1 | €58 | €59 | +€1 | +1.5% |
| Total equity and liabilities | 10/49 | €218,953 | €192,299 | -€26,653 | -12.2% |
| Equity | 10/15 | €107,727 | €90,918 | -€16,809 | -15.6% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €44,572 | €44,572 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,796 | €3,796 | = | 0.0% |
| Legal reserve | 130 | €3,796 | €3,796 | = | 0.0% |
| Distributable reserves | 133 | €40,776 | €40,776 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,155 | -€15,654 | -€16,809 | |
| Amounts payable | 17/49 | €111,225 | €101,381 | -€9,844 | -8.9% |
| Amounts payable within one year | 42/48 | €111,225 | €101,381 | -€9,844 | -8.9% |
| Trade debts | 44 | €25,999 | €12,691 | -€13,308 | -51.2% |
| Suppliers | 440/4 | €25,999 | €12,691 | -€13,308 | -51.2% |
| Other amounts payable | 47/48 | €85,226 | €88,690 | +€3,464 | +4.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,434 | €6,580 | +€146 | +2.3% |
| Other operating charges | 640/8 | €4,503 | €4,637 | +€135 | +3.0% |
| Gross operating margin | 9900 | €8,738 | -€4,543 | -€13,281 | |
| Operating profit (loss) | 9901 | -€2,198 | -€15,760 | -€13,561 | -616.9% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €179 | €1,050 | +€870 | +485.3% |
| Recurring financial charges | 65 | €179 | €1,050 | +€870 | +485.3% |
| Profit (loss) for the period before taxes | 9903 | -€2,378 | -€16,809 | -€14,431 | -607.0% |
| Profit (loss) for the period | 9904 | -€2,378 | -€16,809 | -€14,431 | -607.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,378 | -€16,809 | -€14,431 | -607.0% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.