SOFTWARE PRODUCT RESEARCH: 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 PRODUCT RESEARCH
Largest movements
- Receivables within one year +€13,798
up €13,798 (+20.2%), from €68,274 to €82,072
- Trade debts +€5,573
up €5,573 (+163%), from €3,409 to €8,982
- Profit (loss) carried forward +€4,158
up €4,158 (+2.9%), from €144,305 to €148,463
- Gross operating margin +€3,835
up €3,835 (+50.2%), from -€7,641 to -€3,805
- Taxes +€568
up €568 (+35.8%), from €1,586 to €2,154
- Other operating charges +€473
up €473 (+64.6%), from €732 to €1,205
- Financial income +€354
up €354 (+3.1%), from €11,252 to €11,607
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 | €400,973 | €413,878 | +€12,905 | +3.2% |
| Fixed assets | 21/28 | €2,145 | €2,145 | = | 0.0% |
| Financial fixed assets | 28 | €2,145 | €2,145 | = | 0.0% |
| Current assets | 29/58 | €398,827 | €411,733 | +€12,905 | +3.2% |
| Amounts receivable after more than one year | 29 | €320,000 | €320,000 | = | 0.0% |
| Other amounts receivable | 291 | €320,000 | €320,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €68,274 | €82,072 | +€13,798 | +20.2% |
| Other amounts receivable | 41 | €68,274 | €82,072 | +€13,798 | +20.2% |
| Cash at bank and in hand | 54/58 | €10,553 | €9,661 | -€892 | -8.5% |
| Total equity and liabilities | 10/49 | €400,973 | €413,878 | +€12,905 | +3.2% |
| Equity | 10/15 | €224,780 | €228,938 | +€4,158 | +1.8% |
| 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 | €18,475 | €18,475 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,225 | €6,225 | = | 0.0% |
| Legal reserve | 130 | €6,225 | €6,225 | = | 0.0% |
| Tax-exempt reserves | 132 | €12,250 | €12,250 | = | 0.0% |
| Profit (loss) carried forward | 14 | €144,305 | €148,463 | +€4,158 | +2.9% |
| Provisions and deferred taxes | 16 | €150,000 | €150,000 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €150,000 | €150,000 | = | 0.0% |
| Pensions and similar obligations | 160 | €150,000 | €150,000 | = | 0.0% |
| Amounts payable | 17/49 | €26,193 | €34,940 | +€8,747 | +33.4% |
| Amounts payable within one year | 42/48 | €21,445 | €30,321 | +€8,876 | +41.4% |
| Trade debts | 44 | €3,409 | €8,982 | +€5,573 | +163% |
| Suppliers | 440/4 | €3,409 | €8,982 | +€5,573 | +163% |
| Advances received on contracts in progress | 46 | €12,211 | €11,706 | -€505 | -4.1% |
| Taxes, remuneration and social security | 45 | €5,825 | €9,633 | +€3,807 | +65.4% |
| Taxes | 450/3 | €5,825 | €9,633 | +€3,807 | +65.4% |
| Accrued charges and deferred income | 492/3 | €4,748 | €4,620 | -€128 | -2.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | - | = | |
| Other operating charges | 640/8 | €732 | €1,205 | +€473 | +64.6% |
| Gross operating margin | 9900 | -€7,641 | -€3,805 | +€3,835 | +50.2% |
| Operating profit (loss) | 9901 | -€8,373 | -€5,011 | +€3,363 | +40.2% |
| Financial income | 75/76B | €11,252 | €11,607 | +€354 | +3.1% |
| Recurring financial income | 75 | €11,252 | €11,607 | +€354 | +3.1% |
| Financial charges | 65/66B | €316 | €284 | -€32 | -10.1% |
| Recurring financial charges | 65 | €316 | €284 | -€32 | -10.1% |
| Profit (loss) for the period before taxes | 9903 | €2,563 | €6,312 | +€3,749 | +146% |
| Income taxes | 67/77 | €1,586 | €2,154 | +€568 | +35.8% |
| Profit (loss) for the period | 9904 | €977 | €4,158 | +€3,181 | +325% |
| Profit (loss) for the period to be appropriated | 9905 | €977 | €4,158 | +€3,181 | +325% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.