Softwins: 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.
Softwins
Largest movements
- Receivables after one year -€32,000
down €32,000 (-14.3%), from €223,000 to €191,000
- Tangible fixed assets -€10,471
down €10,471 (-4.4%), from €240,687 to €230,216
of which Land and buildings: -€9,237
- Other debts -€27,799
no longer reported in 2025 (was €27,799)
- Profit (loss) carried forward -€16,498
down €16,498, from €10,522 to -€5,975
- Taxes +€33,211
up €33,211, from -€12,433 to €20,778
- Depreciation -€6,126
down €6,126 (-36.9%), from €16,597 to €10,471
- Financial income -€2,570
down €2,570 (-20.9%), from €12,275 to €9,705
- Gross operating margin +€2,561
up €2,561 (+38.1%), from €6,728 to €9,289
- Other operating charges -€192
down €192 (-5.1%), from €3,781 to €3,589
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 | €474,091 | €431,095 | -€42,996 | -9.1% |
| Fixed assets | 21/28 | €240,687 | €230,216 | -€10,471 | -4.4% |
| Tangible fixed assets | 22/27 | €240,687 | €230,216 | -€10,471 | -4.4% |
| Land and buildings | 22 | €237,293 | €228,055 | -€9,237 | -3.9% |
| Plant, machinery and equipment | 23 | €1,063 | €340 | -€723 | -68.0% |
| Furniture and vehicles | 24 | €2,331 | €1,820 | -€511 | -21.9% |
| Current assets | 29/58 | €233,404 | €200,879 | -€32,525 | -13.9% |
| Amounts receivable after more than one year | 29 | €223,000 | €191,000 | -€32,000 | -14.3% |
| Other amounts receivable | 291 | €223,000 | €191,000 | -€32,000 | -14.3% |
| Amounts receivable within one year | 40/41 | €4,284 | €7,401 | +€3,117 | +72.8% |
| Trade receivables | 40 | €1,872 | - | -€1,872 | |
| Other amounts receivable | 41 | €2,412 | €7,401 | +€4,989 | +206.9% |
| Cash at bank and in hand | 54/58 | €6,120 | €2,478 | -€3,642 | -59.5% |
| Total equity and liabilities | 10/49 | €474,091 | €431,095 | -€42,996 | -9.1% |
| Equity | 10/15 | €442,797 | €426,299 | -€16,498 | -3.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Revaluation surpluses | 12 | €54,348 | €54,348 | = | 0.0% |
| Reserves | 13 | €372,927 | €372,927 | = | 0.0% |
| Distributable reserves | 133 | €372,927 | €372,927 | = | 0.0% |
| Profit (loss) carried forward | 14 | €10,522 | -€5,975 | -€16,498 | |
| Amounts payable | 17/49 | €31,294 | €4,796 | -€26,498 | -84.7% |
| Amounts payable within one year | 42/48 | €31,294 | €4,796 | -€26,498 | -84.7% |
| Trade debts | 44 | - | €127 | +€127 | |
| Suppliers | 440/4 | - | €127 | +€127 | |
| Taxes, remuneration and social security | 45 | €3,495 | €4,669 | +€1,174 | +33.6% |
| Taxes | 450/3 | €3,495 | €4,669 | +€1,174 | +33.6% |
| Other amounts payable | 47/48 | €27,799 | - | -€27,799 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,597 | €10,471 | -€6,126 | -36.9% |
| Other operating charges | 640/8 | €3,781 | €3,589 | -€192 | -5.1% |
| Gross operating margin | 9900 | €6,728 | €9,289 | +€2,561 | +38.1% |
| Operating profit (loss) | 9901 | -€13,650 | -€4,771 | +€8,879 | +65.0% |
| Financial income | 75/76B | €12,275 | €9,705 | -€2,570 | -20.9% |
| Recurring financial income | 75 | €12,275 | €9,705 | -€2,570 | -20.9% |
| Financial charges | 65/66B | €535 | €654 | +€119 | +22.2% |
| Recurring financial charges | 65 | €535 | €654 | +€119 | +22.2% |
| Profit (loss) for the period before taxes | 9903 | -€1,910 | €4,280 | +€6,190 | |
| Income taxes | 67/77 | -€12,433 | €20,778 | +€33,211 | |
| Profit (loss) for the period | 9904 | €10,522 | -€16,498 | -€27,020 | |
| Profit (loss) for the period to be appropriated | 9905 | €10,522 | -€16,498 | -€27,020 |
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 4 October 2026 via checked.be.