SOFTWARE SOLUTIONS HERTOGEN: 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 SOLUTIONS HERTOGEN
Largest movements
- Cash -€52,283
down €52,283 (-91.4%), from €57,223 to €4,940
mainly Contributions, distributions and other (-€22,050) and Receivables within one year (-€15,278)
- Receivables within one year +€15,278
up €15,278 (+56.6%), from €27,002 to €42,280
of which Other amounts receivable: +€18,706
- Tangible fixed assets +€9,970
up €9,970 (+909.4%), from €1,096 to €11,067
of which Furniture and vehicles: +€10,370
- Deferred charges and accrued income +€1,222
new in 2025: €1,222
- Reserves -€17,792
down €17,792 (-41.5%), from €42,901 to €25,109
of which Distributable reserves: -€17,792
- Debts after one year -€13,230
no longer reported in 2025 (was €13,230)
- Profit (loss) carried forward +€7,406
no longer reported in 2025 (was -€7,406)
- Current portion of long-term debt -€3,637
down €3,637 (-21.6%), from €16,867 to €13,230
- Trade debts +€989
up €989 (+611.7%), from €162 to €1,151
- Gross operating margin -€16,875
down €16,875 (-47.0%), from €35,891 to €19,016
- Taxes +€2,623
up €2,623 (+870.0%), from €302 to €2,925
- Depreciation +€1,800
up €1,800 (+355.9%), from €506 to €2,306
- Financial charges -€772
down €772 (-36.8%), from €2,098 to €1,326
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 | €85,321 | €59,509 | -€25,813 | -30.3% |
| Fixed assets | 21/28 | €1,096 | €11,067 | +€9,970 | +909.4% |
| Tangible fixed assets | 22/27 | €1,096 | €11,067 | +€9,970 | +909.4% |
| Plant, machinery and equipment | 23 | €1,096 | €697 | -€400 | -36.5% |
| Furniture and vehicles | 24 | - | €10,370 | +€10,370 | |
| Current assets | 29/58 | €84,225 | €48,442 | -€35,783 | -42.5% |
| Amounts receivable within one year | 40/41 | €27,002 | €42,280 | +€15,278 | +56.6% |
| Trade receivables | 40 | €25,798 | €22,370 | -€3,428 | -13.3% |
| Other amounts receivable | 41 | €1,204 | €19,910 | +€18,706 | +1553.2% |
| Cash at bank and in hand | 54/58 | €57,223 | €4,940 | -€52,283 | -91.4% |
| Deferred charges and accrued income | 490/1 | - | €1,222 | +€1,222 | |
| Total equity and liabilities | 10/49 | €85,321 | €59,509 | -€25,813 | -30.3% |
| Equity | 10/15 | €48,096 | €37,709 | -€10,386 | -21.6% |
| Contributions | 10/11 | €12,600 | €12,600 | = | 0.0% |
| Reserves | 13 | €42,901 | €25,109 | -€17,792 | -41.5% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €41,041 | €23,249 | -€17,792 | -43.4% |
| Profit (loss) carried forward | 14 | -€7,406 | - | +€7,406 | |
| Amounts payable | 17/49 | €37,226 | €21,799 | -€15,426 | -41.4% |
| Amounts payable after more than one year | 17 | €13,230 | - | -€13,230 | |
| Financial debts | 170/4 | €13,230 | - | -€13,230 | |
| Amounts payable within one year | 42/48 | €23,995 | €21,799 | -€2,196 | -9.2% |
| Current portion of amounts payable after more than one year | 42 | €16,867 | €13,230 | -€3,637 | -21.6% |
| Trade debts | 44 | €162 | €1,151 | +€989 | +611.7% |
| Suppliers | 440/4 | €162 | €1,151 | +€989 | +611.7% |
| Taxes, remuneration and social security | 45 | €6,967 | €7,419 | +€452 | +6.5% |
| Taxes | 450/3 | €6,967 | €7,419 | +€452 | +6.5% |
| Remuneration, social security and pensions | 62 | €234 | €127 | -€107 | -45.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €506 | €2,306 | +€1,800 | +355.9% |
| Other operating charges | 640/8 | €896 | €671 | -€225 | -25.1% |
| Gross operating margin | 9900 | €35,891 | €19,016 | -€16,875 | -47.0% |
| Operating profit (loss) | 9901 | €34,255 | €15,913 | -€18,343 | -53.5% |
| Financial income | 75/76B | €7 | €1 | -€6 | -87.7% |
| Recurring financial income | 75 | €7 | €1 | -€6 | -87.7% |
| Financial charges | 65/66B | €2,098 | €1,326 | -€772 | -36.8% |
| Recurring financial charges | 65 | €2,098 | €1,326 | -€772 | -36.8% |
| Profit (loss) for the period before taxes | 9903 | €32,164 | €14,588 | -€17,577 | -54.6% |
| Income taxes | 67/77 | €302 | €2,925 | +€2,623 | +870.0% |
| Profit (loss) for the period | 9904 | €31,863 | €11,663 | -€20,200 | -63.4% |
| Profit (loss) for the period to be appropriated | 9905 | €31,863 | €11,663 | -€20,200 | -63.4% |
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 8 October 2026 via checked.be.