SOFTWARE & FINANCIAL ANALYSIS: 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 & FINANCIAL ANALYSIS
Largest movements
- Cash -€52,253
down €52,253 (-51.9%), from €100,702 to €48,448
mainly Net result for the year (-€21,210) and Other debts (-€20,000)
- Tangible fixed assets -€19,826
down €19,826 (-8.2%), from €242,063 to €222,237
of which Land and buildings: -€19,343
- Profit (loss) carried forward -€21,210
down €21,210 (-23.2%), from €91,268 to €70,058
- Other debts -€20,000
no longer reported in 2025 (was €20,000)
- Trade debts -€10,013
down €10,013 (-37.6%), from €26,651 to €16,638
- Debts after one year -€9,899
down €9,899 (-9.4%), from €105,619 to €95,720
- Accrued charges and deferred income -€6,513
down €6,513 (-82.9%), from €7,853 to €1,340
- Gross operating margin -€98,232
down €98,232 (-97.9%), from €100,321 to €2,089
- Taxes -€16,735
no longer reported in 2025 (was €16,735)
- Depreciation +€5,074
up €5,074 (+34.4%), from €14,752 to €19,826
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 | €373,800 | €302,142 | -€71,658 | -19.2% |
| Fixed assets | 21/28 | €242,063 | €222,237 | -€19,826 | -8.2% |
| Tangible fixed assets | 22/27 | €242,063 | €222,237 | -€19,826 | -8.2% |
| Land and buildings | 22 | €241,197 | €221,855 | -€19,343 | -8.0% |
| Furniture and vehicles | 24 | €866 | €383 | -€483 | -55.8% |
| Current assets | 29/58 | €131,736 | €79,904 | -€51,832 | -39.3% |
| Amounts receivable within one year | 40/41 | €30,976 | €31,456 | +€480 | +1.5% |
| Trade receivables | 40 | €30,976 | €16,456 | -€14,520 | -46.9% |
| Other amounts receivable | 41 | - | €15,000 | +€15,000 | |
| Cash at bank and in hand | 54/58 | €100,702 | €48,448 | -€52,253 | -51.9% |
| Deferred charges and accrued income | 490/1 | €59 | - | -€59 | |
| Total equity and liabilities | 10/49 | €373,800 | €302,142 | -€71,658 | -19.2% |
| Equity | 10/15 | €191,328 | €170,118 | -€21,210 | -11.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €93,860 | €93,860 | = | 0.0% |
| Distributable reserves | 133 | €93,860 | €93,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €91,268 | €70,058 | -€21,210 | -23.2% |
| Amounts payable | 17/49 | €182,472 | €132,024 | -€50,448 | -27.6% |
| Amounts payable after more than one year | 17 | €105,619 | €95,720 | -€9,899 | -9.4% |
| Financial debts | 170/4 | €105,619 | €95,720 | -€9,899 | -9.4% |
| Amounts payable within one year | 42/48 | €69,000 | €34,964 | -€34,036 | -49.3% |
| Current portion of amounts payable after more than one year | 42 | €9,759 | €9,899 | +€140 | +1.4% |
| Trade debts | 44 | €26,651 | €16,638 | -€10,013 | -37.6% |
| Suppliers | 440/4 | €26,651 | €16,638 | -€10,013 | -37.6% |
| Taxes, remuneration and social security | 45 | €12,589 | €8,427 | -€4,162 | -33.1% |
| Taxes | 450/3 | €12,589 | €8,427 | -€4,162 | -33.1% |
| Other amounts payable | 47/48 | €20,000 | - | -€20,000 | |
| Accrued charges and deferred income | 492/3 | €7,853 | €1,340 | -€6,513 | -82.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,752 | €19,826 | +€5,074 | +34.4% |
| Other operating charges | 640/8 | €1,362 | €1,395 | +€33 | +2.5% |
| Gross operating margin | 9900 | €100,321 | €2,089 | -€98,232 | -97.9% |
| Operating profit (loss) | 9901 | €84,207 | -€19,133 | -€103,339 | |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €2,470 | €2,078 | -€392 | -15.9% |
| Recurring financial charges | 65 | €2,470 | €2,078 | -€392 | -15.9% |
| Profit (loss) for the period before taxes | 9903 | €81,737 | -€21,210 | -€102,947 | |
| Income taxes | 67/77 | €16,735 | - | -€16,735 | |
| Profit (loss) for the period | 9904 | €65,002 | -€21,210 | -€86,212 | |
| Profit (loss) for the period to be appropriated | 9905 | €65,002 | -€21,210 | -€86,212 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.