VOSE SOFTWARE: 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.
VOSE SOFTWARE
Largest movements
- Cash +€126,234
up €126,234 (+27.1%), from €465,563 to €591,797
mainly Net result for the year (+€205,241) and Depreciation (+€41,301)
- Receivables within one year +€35,125
up €35,125 (+17.6%), from €199,338 to €234,463
of which Trade receivables: +€19,788
- Intangible fixed assets -€27,192
down €27,192 (-59.1%), from €46,009 to €18,817
- Tangible fixed assets -€11,300
down €11,300 (-46.3%), from €24,407 to €13,108
of which Furniture and vehicles: -€11,611
- Profit (loss) carried forward +€198,985
up €198,985 (+35.9%), from €554,829 to €753,814
- Short-term financial debts -€100,000
no longer reported in 2025 (was €100,000)
- Trade debts +€20,027
up €20,027 (+103.0%), from €19,442 to €39,469
- Gross operating margin +€84,280
up €84,280 (+13.8%), from €609,881 to €694,161
- Staff costs +€38,124
up €38,124 (+11.8%), from €323,914 to €362,038
- Taxes +€12,026
up €12,026 (+20.5%), from €58,750 to €70,776
- Depreciation -€10,579
down €10,579 (-20.4%), from €51,880 to €41,301
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 | €745,294 | €871,374 | +€126,081 | +16.9% |
| Fixed assets | 21/28 | €77,467 | €41,325 | -€36,142 | -46.7% |
| Intangible fixed assets | 21 | €46,009 | €18,817 | -€27,192 | -59.1% |
| Tangible fixed assets | 22/27 | €24,407 | €13,108 | -€11,300 | -46.3% |
| Plant, machinery and equipment | 23 | €3,872 | €4,183 | +€311 | +8.0% |
| Furniture and vehicles | 24 | €20,535 | €8,924 | -€11,611 | -56.5% |
| Financial fixed assets | 28 | €7,050 | €9,400 | +€2,350 | +33.3% |
| Current assets | 29/58 | €667,827 | €830,050 | +€162,223 | +24.3% |
| Amounts receivable within one year | 40/41 | €199,338 | €234,463 | +€35,125 | +17.6% |
| Trade receivables | 40 | €127,311 | €147,099 | +€19,788 | +15.5% |
| Other amounts receivable | 41 | €72,027 | €87,363 | +€15,337 | +21.3% |
| Cash at bank and in hand | 54/58 | €465,563 | €591,797 | +€126,234 | +27.1% |
| Deferred charges and accrued income | 490/1 | €2,926 | €3,790 | +€864 | +29.5% |
| Total equity and liabilities | 10/49 | €745,294 | €871,374 | +€126,081 | +16.9% |
| Equity | 10/15 | €575,289 | €774,274 | +€198,985 | +34.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €554,829 | €753,814 | +€198,985 | +35.9% |
| Amounts payable | 17/49 | €170,005 | €97,100 | -€72,905 | -42.9% |
| Amounts payable after more than one year | 17 | €16,497 | €10,296 | -€6,201 | -37.6% |
| Financial debts | 170/4 | €16,497 | €10,296 | -€6,201 | -37.6% |
| Amounts payable within one year | 42/48 | €152,949 | €86,804 | -€66,145 | -43.2% |
| Current portion of amounts payable after more than one year | 42 | €5,977 | €6,201 | +€224 | +3.7% |
| Financial debts | 43 | €100,000 | - | -€100,000 | |
| Credit institutions | 430/8 | €100,000 | - | -€100,000 | |
| Trade debts | 44 | €19,442 | €39,469 | +€20,027 | +103.0% |
| Suppliers | 440/4 | €19,442 | €39,469 | +€20,027 | +103.0% |
| Taxes, remuneration and social security | 45 | €27,530 | €34,878 | +€7,348 | +26.7% |
| Taxes | 450/3 | - | €776 | +€776 | |
| Remuneration and social security | 454/9 | €27,530 | €34,102 | +€6,572 | +23.9% |
| Other amounts payable | 47/48 | - | €6,256 | +€6,256 | |
| Accrued charges and deferred income | 492/3 | €559 | - | -€559 | |
| Remuneration, social security and pensions | 62 | €323,914 | €362,038 | +€38,124 | +11.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €51,880 | €41,301 | -€10,579 | -20.4% |
| Other operating charges | 640/8 | €548 | €812 | +€264 | +48.1% |
| Gross operating margin | 9900 | €609,881 | €694,161 | +€84,280 | +13.8% |
| Operating profit (loss) | 9901 | €233,539 | €290,010 | +€56,471 | +24.2% |
| Financial income | 75/76B | €4,904 | €667 | -€4,238 | -86.4% |
| Recurring financial income | 75 | €4,904 | €667 | -€4,238 | -86.4% |
| Financial charges | 65/66B | €12,699 | €14,660 | +€1,961 | +15.4% |
| Recurring financial charges | 65 | €12,699 | €14,660 | +€1,961 | +15.4% |
| Profit (loss) for the period before taxes | 9903 | €225,744 | €276,017 | +€50,273 | +22.3% |
| Income taxes | 67/77 | €58,750 | €70,776 | +€12,026 | +20.5% |
| Profit (loss) for the period | 9904 | €166,994 | €205,241 | +€38,247 | +22.9% |
| Profit (loss) for the period to be appropriated | 9905 | €166,994 | €205,241 | +€38,247 | +22.9% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.