TCSoft: 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.
TCSoft
Largest movements
- Cash +€56,592
up €56,592 (+55.5%), from €101,987 to €158,579
mainly Net result for the year (+€60,825) and Tax, wage and social debts (+€3,559)
- Tangible fixed assets +€3,374
new in 2025: €3,374
of which Furniture and vehicles: +€2,343
- Receivables within one year +€2,699
up €2,699 (+22.0%), from €12,275 to €14,974
of which Trade receivables: +€2,723
- Reserves +€60,500
up €60,500 (+73.3%), from €82,500 to €143,000
- Tax, wage and social debts +€3,559
up €3,559 (+14.8%), from €24,082 to €27,640
- Other debts -€2,147
down €2,147 (-81.8%), from €2,624 to €477
- Gross operating margin +€11,624
up €11,624 (+15.6%), from €74,429 to €86,054
- Taxes +€2,809
up €2,809 (+13.0%), from €21,616 to €24,426
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 | €114,645 | €176,927 | +€62,282 | +54.3% |
| Fixed assets | 21/28 | - | €3,374 | +€3,374 | |
| Tangible fixed assets | 22/27 | - | €3,374 | +€3,374 | |
| Plant, machinery and equipment | 23 | - | €1,031 | +€1,031 | |
| Furniture and vehicles | 24 | - | €2,343 | +€2,343 | |
| Current assets | 29/58 | €114,645 | €173,553 | +€58,908 | +51.4% |
| Amounts receivable within one year | 40/41 | €12,275 | €14,974 | +€2,699 | +22.0% |
| Trade receivables | 40 | €12,251 | €14,974 | +€2,723 | +22.2% |
| Other amounts receivable | 41 | €24 | €0 | -€24 | -100% |
| Cash at bank and in hand | 54/58 | €101,987 | €158,579 | +€56,592 | +55.5% |
| Deferred charges and accrued income | 490/1 | €382 | €0 | -€382 | -100% |
| Total equity and liabilities | 10/49 | €114,645 | €176,927 | +€62,282 | +54.3% |
| Equity | 10/15 | €87,836 | €148,661 | +€60,825 | +69.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €82,500 | €143,000 | +€60,500 | +73.3% |
| Distributable reserves | 133 | €82,500 | €143,000 | +€60,500 | +73.3% |
| Profit (loss) carried forward | 14 | €336 | €661 | +€325 | +96.8% |
| Amounts payable | 17/49 | €26,809 | €28,266 | +€1,457 | +5.4% |
| Amounts payable within one year | 42/48 | €26,809 | €28,266 | +€1,457 | +5.4% |
| Trade debts | 44 | €103 | €148 | +€45 | +44.1% |
| Suppliers | 440/4 | €103 | €148 | +€45 | +44.1% |
| Taxes, remuneration and social security | 45 | €24,082 | €27,640 | +€3,559 | +14.8% |
| Taxes | 450/3 | €24,082 | €27,640 | +€3,559 | +14.8% |
| Other amounts payable | 47/48 | €2,624 | €477 | -€2,147 | -81.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €559 | +€559 | |
| Other operating charges | 640/8 | €190 | €194 | +€4 | +2.1% |
| Gross operating margin | 9900 | €74,429 | €86,054 | +€11,624 | +15.6% |
| Operating profit (loss) | 9901 | €74,240 | €85,301 | +€11,061 | +14.9% |
| Financial income | 75/76B | €15 | €5 | -€10 | -67.2% |
| Recurring financial income | 75 | €15 | €5 | -€10 | -67.2% |
| Financial charges | 65/66B | €54 | €55 | +€1 | +2.5% |
| Recurring financial charges | 65 | €54 | €55 | +€1 | +2.5% |
| Profit (loss) for the period before taxes | 9903 | €74,201 | €85,251 | +€11,050 | +14.9% |
| Income taxes | 67/77 | €21,616 | €24,426 | +€2,809 | +13.0% |
| Profit (loss) for the period | 9904 | €52,584 | €60,825 | +€8,241 | +15.7% |
| Profit (loss) for the period to be appropriated | 9905 | €52,584 | €60,825 | +€8,241 | +15.7% |
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 30 October 2026 via checked.be.