SOFTWHALE STUDIO: 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.
SOFTWHALE STUDIO
Largest movements
- Cash -€22,192
down €22,192 (-99.3%), from €22,345 to €153
mainly Net result for the year (-€16,689) and Receivables within one year (-€4,701)
- Receivables within one year +€4,701
up €4,701 (+465%), from €1,012 to €5,713
of which Other amounts receivable: +€4,989
- Tangible fixed assets -€3,831
down €3,831 (-43.6%), from €8,788 to €4,957
- Profit (loss) carried forward -€16,689
down €16,689, from €13,609 to -€3,080
- Tax, wage and social debts -€3,452
no longer reported in 2025 (was €3,452)
- Trade debts -€1,176
down €1,176 (-15.5%), from €7,610 to €6,434
- Gross operating margin -€33,300
down €33,300, from €20,670 to -€12,630
- Taxes -€3,452
no longer reported in 2025 (was €3,452)
- Depreciation +€286
up €286 (+8.1%), from €3,545 to €3,831
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 | €32,146 | €10,823 | -€21,323 | -66.3% |
| Fixed assets | 21/28 | €8,788 | €4,957 | -€3,831 | -43.6% |
| Tangible fixed assets | 22/27 | €8,788 | €4,957 | -€3,831 | -43.6% |
| Furniture and vehicles | 24 | €8,788 | €4,957 | -€3,831 | -43.6% |
| Current assets | 29/58 | €23,357 | €5,866 | -€17,491 | -74.9% |
| Amounts receivable within one year | 40/41 | €1,012 | €5,713 | +€4,701 | +465% |
| Trade receivables | 40 | €288 | - | -€288 | |
| Other amounts receivable | 41 | €724 | €5,713 | +€4,989 | +689% |
| Cash at bank and in hand | 54/58 | €22,345 | €153 | -€22,192 | -99.3% |
| Total equity and liabilities | 10/49 | €32,146 | €10,823 | -€21,323 | -66.3% |
| Equity | 10/15 | €19,609 | €2,920 | -€16,689 | -85.1% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €13,609 | -€3,080 | -€16,689 | |
| Amounts payable | 17/49 | €12,537 | €7,903 | -€4,634 | -37.0% |
| Amounts payable within one year | 42/48 | €12,537 | €7,903 | -€4,634 | -37.0% |
| Trade debts | 44 | €7,610 | €6,434 | -€1,176 | -15.5% |
| Suppliers | 440/4 | €7,610 | €6,434 | -€1,176 | -15.5% |
| Taxes, remuneration and social security | 45 | €3,452 | - | -€3,452 | |
| Taxes | 450/3 | €3,452 | - | -€3,452 | |
| Other amounts payable | 47/48 | €1,475 | €1,469 | -€6 | -0.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,545 | €3,831 | +€286 | +8.1% |
| Gross operating margin | 9900 | €20,670 | -€12,630 | -€33,300 | |
| Operating profit (loss) | 9901 | €17,125 | -€16,461 | -€33,586 | |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €64 | €228 | +€164 | +256% |
| Recurring financial charges | 65 | €64 | €228 | +€164 | +256% |
| Profit (loss) for the period before taxes | 9903 | €17,061 | -€16,689 | -€33,750 | |
| Income taxes | 67/77 | €3,452 | - | -€3,452 | |
| Profit (loss) for the period | 9904 | €13,609 | -€16,689 | -€30,298 | |
| Profit (loss) for the period to be appropriated | 9905 | €13,609 | -€16,689 | -€30,298 |
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 28 October 2026 via checked.be.