ThinkSoft: 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.
ThinkSoft
Largest movements
- Cash +€169,664
up €169,664 (+433%), from €39,139 to €208,802
mainly Trade debts (+€205,169) and Net result for the year (+€29,019)
- Tangible fixed assets +€16,454
up €16,454 (+221%), from €7,429 to €23,883
- Receivables within one year +€13,026
up €13,026 (+15.2%), from €85,940 to €98,966
of which Other amounts receivable: +€20,877
- Trade debts +€205,169
up €205,169 (+718%), from €28,564 to €233,733
- Reserves -€40,868
no longer reported in 2025 (was €40,868)
- Profit (loss) carried forward +€29,019
up €29,019, from -€7,044 to €21,975
- Tax, wage and social debts +€7,350
up €7,350 (+75.3%), from €9,767 to €17,118
of which Taxes: +€7,696
- Gross operating margin +€94,255
up €94,255 (+117%), from €80,345 to €174,600
- Other operating charges +€74,487
up €74,487 (+66,888%), from €111 to €74,598
- Taxes +€8,055
up €8,055 (+177%), from €4,554 to €12,609
- Staff costs -€6,471
down €6,471 (-13.0%), from €49,640 to €43,169
- Depreciation +€6,294
up €6,294 (+166%), from €3,782 to €10,075
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 | €132,991 | €332,071 | +€199,080 | +150% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €7,792 | €24,246 | +€16,454 | +211% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €7,429 | €23,883 | +€16,454 | +221% |
| Plant, machinery and equipment | 23 | €7,429 | €23,883 | +€16,454 | +221% |
| Financial fixed assets | 28 | €363 | €363 | = | 0.0% |
| Current assets | 29/58 | €125,199 | €307,825 | +€182,626 | +146% |
| Amounts receivable within one year | 40/41 | €85,940 | €98,966 | +€13,026 | +15.2% |
| Trade receivables | 40 | €85,940 | €78,089 | -€7,851 | -9.1% |
| Other amounts receivable | 41 | - | €20,877 | +€20,877 | |
| Cash at bank and in hand | 54/58 | €39,139 | €208,802 | +€169,664 | +433% |
| Deferred charges and accrued income | 490/1 | €121 | €57 | -€63 | -52.4% |
| Total equity and liabilities | 10/49 | €132,991 | €332,071 | +€199,080 | +150% |
| Equity | 10/15 | €46,224 | €34,375 | -€11,849 | -25.6% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €40,868 | - | -€40,868 | |
| Distributable reserves | 133 | €40,868 | - | -€40,868 | |
| Profit (loss) carried forward | 14 | -€7,044 | €21,975 | +€29,019 | |
| Amounts payable | 17/49 | €86,767 | €297,696 | +€210,929 | +243% |
| Amounts payable within one year | 42/48 | €86,767 | €297,696 | +€210,929 | +243% |
| Trade debts | 44 | €28,564 | €233,733 | +€205,169 | +718% |
| Suppliers | 440/4 | €28,564 | €233,733 | +€205,169 | +718% |
| Taxes, remuneration and social security | 45 | €9,767 | €17,118 | +€7,350 | +75.3% |
| Taxes | 450/3 | €6,092 | €13,788 | +€7,696 | +126% |
| Remuneration and social security | 454/9 | €3,675 | €3,330 | -€345 | -9.4% |
| Other amounts payable | 47/48 | €48,436 | €46,845 | -€1,591 | -3.3% |
| Remuneration, social security and pensions | 62 | €49,640 | €43,169 | -€6,471 | -13.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,782 | €10,075 | +€6,294 | +166% |
| Other operating charges | 640/8 | €111 | €74,598 | +€74,487 | +66,888% |
| Gross operating margin | 9900 | €80,345 | €174,600 | +€94,255 | +117% |
| Operating profit (loss) | 9901 | €26,812 | €46,758 | +€19,946 | +74.4% |
| Financial charges | 65/66B | €493 | €5,130 | +€4,637 | +941% |
| Recurring financial charges | 65 | €493 | €5,130 | +€4,637 | +941% |
| Profit (loss) for the period before taxes | 9903 | €26,319 | €41,628 | +€15,309 | +58.2% |
| Income taxes | 67/77 | €4,554 | €12,609 | +€8,055 | +177% |
| Profit (loss) for the period | 9904 | €21,765 | €29,019 | +€7,254 | +33.3% |
| Profit (loss) for the period to be appropriated | 9905 | €21,765 | €29,019 | +€7,254 | +33.3% |
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 14 October 2026 via checked.be.