SoftwareCaptains: 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.
SoftwareCaptains
Largest movements
- Cash +€26,410
up €26,410 (+122%), from €21,652 to €48,062
mainly Net result for the year (+€46,262) and Tax, wage and social debts (+€8,425)
- Receivables within one year +€11,965
up €11,965 (+276%), from €4,342 to €16,307
of which Trade receivables: +€14,134
- Tangible fixed assets +€8,234
up €8,234 (+324%), from €2,545 to €10,779
of which Furniture and vehicles: +€6,262
- Reserves +€46,262
up €46,262 (+158%), from €29,300 to €75,563
of which Distributable reserves: +€46,262
- Other debts -€9,238
down €9,238 (-88.8%), from €10,404 to €1,166
- Tax, wage and social debts +€8,425
up €8,425 (+265%), from €3,180 to €11,605
- Trade debts +€1,397
up €1,397 (+36.7%), from €3,808 to €5,204
- Gross operating margin +€30,435
up €30,435 (+87.1%), from €34,949 to €65,384
- Taxes +€8,862
up €8,862 (+88.8%), from €9,976 to €18,838
- Financial income +€2,103
up €2,103 (+613%), from €343 to €2,445
of which Non-recurring financial income: +€1,909
- Depreciation +€1,155
up €1,155 (+111%), from €1,036 to €2,192
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 | €47,191 | €94,038 | +€46,846 | +99.3% |
| Fixed assets | 21/28 | €2,545 | €10,779 | +€8,234 | +324% |
| Tangible fixed assets | 22/27 | €2,545 | €10,779 | +€8,234 | +324% |
| Plant, machinery and equipment | 23 | €2,545 | €4,517 | +€1,972 | +77.5% |
| Furniture and vehicles | 24 | - | €6,262 | +€6,262 | |
| Current assets | 29/58 | €44,646 | €83,259 | +€38,612 | +86.5% |
| Amounts receivable within one year | 40/41 | €4,342 | €16,307 | +€11,965 | +276% |
| Trade receivables | 40 | €2,173 | €16,307 | +€14,134 | +650% |
| Other amounts receivable | 41 | €2,169 | - | -€2,169 | |
| Current investments | 50/53 | €18,652 | €18,889 | +€237 | +1.3% |
| Cash at bank and in hand | 54/58 | €21,652 | €48,062 | +€26,410 | +122% |
| Total equity and liabilities | 10/49 | €47,191 | €94,038 | +€46,846 | +99.3% |
| Equity | 10/15 | €29,800 | €76,063 | +€46,262 | +155% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Reserves | 13 | €29,300 | €75,563 | +€46,262 | +158% |
| Non-distributable reserves | 130/1 | €50 | €50 | = | 0.0% |
| Reserves not available under the articles | 1311 | €50 | €50 | = | 0.0% |
| Distributable reserves | 133 | €29,250 | €75,513 | +€46,262 | +158% |
| Amounts payable | 17/49 | €17,391 | €17,975 | +€584 | +3.4% |
| Amounts payable within one year | 42/48 | €17,391 | €17,975 | +€584 | +3.4% |
| Trade debts | 44 | €3,808 | €5,204 | +€1,397 | +36.7% |
| Suppliers | 440/4 | €3,808 | €5,204 | +€1,397 | +36.7% |
| Taxes, remuneration and social security | 45 | €3,180 | €11,605 | +€8,425 | +265% |
| Taxes | 450/3 | €3,180 | €11,605 | +€8,425 | +265% |
| Other amounts payable | 47/48 | €10,404 | €1,166 | -€9,238 | -88.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,036 | €2,192 | +€1,155 | +111% |
| Other operating charges | 640/8 | €403 | €411 | +€8 | +1.9% |
| Gross operating margin | 9900 | €34,949 | €65,384 | +€30,435 | +87.1% |
| Operating profit (loss) | 9901 | €33,509 | €62,782 | +€29,272 | +87.4% |
| Financial income | 75/76B | €343 | €2,445 | +€2,103 | +613% |
| Recurring financial income | 75 | €343 | €536 | +€193 | +56.3% |
| Non-recurring financial income | 76B | - | €1,909 | +€1,909 | |
| Financial charges | 65/66B | €158 | €127 | -€31 | -19.8% |
| Recurring financial charges | 65 | €158 | €127 | -€31 | -19.8% |
| Profit (loss) for the period before taxes | 9903 | €33,694 | €65,100 | +€31,406 | +93.2% |
| Income taxes | 67/77 | €9,976 | €18,838 | +€8,862 | +88.8% |
| Profit (loss) for the period | 9904 | €23,719 | €46,262 | +€22,544 | +95.0% |
| Profit (loss) for the period to be appropriated | 9905 | €23,719 | €46,262 | +€22,544 | +95.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.