SOFTWORK: 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.
SOFTWORK
Largest movements
- Receivables within one year +€2,445
up €2,445 (+16.4%), from €14,912 to €17,357
of which Trade receivables: +€4,089
- Profit (loss) carried forward +€2,761
up €2,761 (+4.7%), from €58,295 to €61,056
- Trade debts -€1,301
down €1,301 (-16.4%), from €7,949 to €6,648
- Gross operating margin -€6,666
down €6,666 (-62.8%), from €10,619 to €3,953
- Financial income -€6,251
no longer reported in 2024 (was €6,251)
- Other operating charges -€329
down €329 (-78.1%), from €422 to €93
- Financial charges -€206
down €206 (-15.8%), from €1,305 to €1,100
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €105,118 | €107,562 | +€2,444 | +2.3% |
| Fixed assets | 21/28 | €38,451 | €38,451 | = | 0.0% |
| Tangible fixed assets | 22/27 | €38,401 | €38,401 | = | 0.0% |
| Land and buildings | 22 | €38,401 | €38,401 | = | 0.0% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €66,667 | €69,111 | +€2,444 | +3.7% |
| Stocks and contracts in progress | 3 | €80 | €80 | = | 0.0% |
| Stocks | 30/36 | €80 | €80 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €14,912 | €17,357 | +€2,445 | +16.4% |
| Trade receivables | 40 | €11,649 | €15,738 | +€4,089 | +35.1% |
| Other amounts receivable | 41 | €3,263 | €1,619 | -€1,645 | -50.4% |
| Current investments | 50/53 | €50,080 | €50,080 | -€1 | 0.0% |
| Cash at bank and in hand | 54/58 | €1,585 | €1,585 | = | 0.0% |
| Deferred charges and accrued income | 490/1 | €10 | €10 | = | 0.0% |
| Total equity and liabilities | 10/49 | €105,118 | €107,562 | +€2,444 | +2.3% |
| Equity | 10/15 | €79,292 | €82,053 | +€2,761 | +3.5% |
| Contributions | 10/11 | €19,088 | €19,088 | = | 0.0% |
| Reserves | 13 | €1,909 | €1,909 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,909 | €1,909 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,909 | €1,909 | = | 0.0% |
| Profit (loss) carried forward | 14 | €58,295 | €61,056 | +€2,761 | +4.7% |
| Amounts payable | 17/49 | €25,826 | €25,509 | -€317 | -1.2% |
| Amounts payable within one year | 42/48 | €25,826 | €25,509 | -€317 | -1.2% |
| Current portion of amounts payable after more than one year | 42 | €153 | €153 | = | 0.0% |
| Financial debts | 43 | €4,780 | €5,764 | +€984 | +20.6% |
| Credit institutions | 430/8 | €4,780 | €5,764 | +€984 | +20.6% |
| Trade debts | 44 | €7,949 | €6,648 | -€1,301 | -16.4% |
| Suppliers | 440/4 | €7,949 | €6,648 | -€1,301 | -16.4% |
| Taxes, remuneration and social security | 45 | €262 | €262 | = | 0.0% |
| Taxes | 450/3 | €262 | €262 | = | 0.0% |
| Other amounts payable | 47/48 | €12,682 | €12,682 | = | 0.0% |
| Other operating charges | 640/8 | €422 | €93 | -€329 | -78.1% |
| Gross operating margin | 9900 | €10,619 | €3,953 | -€6,666 | -62.8% |
| Operating profit (loss) | 9901 | €10,197 | €3,861 | -€6,337 | -62.1% |
| Financial income | 75/76B | €6,251 | - | -€6,251 | |
| Recurring financial income | 75 | €6,251 | - | -€6,251 | |
| Financial charges | 65/66B | €1,305 | €1,100 | -€206 | -15.8% |
| Recurring financial charges | 65 | €1,305 | €1,100 | -€206 | -15.8% |
| Profit (loss) for the period before taxes | 9903 | €15,143 | €2,761 | -€12,382 | -81.8% |
| Profit (loss) for the period | 9904 | €15,143 | €2,761 | -€12,382 | -81.8% |
| Profit (loss) for the period to be appropriated | 9905 | €15,143 | €2,761 | -€12,382 | -81.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.