Wheel Software: 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.
Wheel Software
Largest movements
- Receivables within one year +€31,099
up €31,099 (+81.2%), from €38,276 to €69,375
of which Trade receivables: +€25,370
- Deferred charges and accrued income -€19,831
down €19,831 (-99.9%), from €19,858 to €28
- Cash -€12,375
down €12,375 (-10.8%), from €114,558 to €102,183
mainly Receivables within one year (-€31,099) and Investment in fixed assets (net) (-€9,800)
- Tangible fixed assets +€6,265
up €6,265 (+55.3%), from €11,320 to €17,585
of which Furniture and vehicles: +€6,530
- Reserves +€3,143
up €3,143 (+3.2%), from €97,804 to €100,946
of which Distributable reserves: +€5,002
- Trade debts +€2,331
up €2,331 (+5.3%), from €43,836 to €46,168
- Gross operating margin +€777
up €777 (+9.4%), from €8,229 to €9,006
- Depreciation +€724
up €724 (+25.8%), from €2,811 to €3,535
- Other operating charges -€359
down €359 (-38.3%), from €938 to €579
- Taxes -€153
down €153 (-6.6%), from €2,319 to €2,166
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 | €184,011 | €189,170 | +€5,159 | +2.8% |
| Fixed assets | 21/28 | €11,320 | €17,585 | +€6,265 | +55.3% |
| Tangible fixed assets | 22/27 | €11,320 | €17,585 | +€6,265 | +55.3% |
| Plant, machinery and equipment | 23 | €977 | €712 | -€264 | -27.1% |
| Furniture and vehicles | 24 | €10,343 | €16,872 | +€6,530 | +63.1% |
| Current assets | 29/58 | €172,692 | €171,585 | -€1,106 | -0.6% |
| Amounts receivable within one year | 40/41 | €38,276 | €69,375 | +€31,099 | +81.2% |
| Trade receivables | 40 | - | €25,370 | +€25,370 | |
| Other amounts receivable | 41 | €38,276 | €44,005 | +€5,729 | +15.0% |
| Cash at bank and in hand | 54/58 | €114,558 | €102,183 | -€12,375 | -10.8% |
| Deferred charges and accrued income | 490/1 | €19,858 | €28 | -€19,831 | -99.9% |
| Total equity and liabilities | 10/49 | €184,011 | €189,170 | +€5,159 | +2.8% |
| Equity | 10/15 | €104,001 | €107,144 | +€3,143 | +3.0% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Reserves | 13 | €97,804 | €100,946 | +€3,143 | +3.2% |
| Non-distributable reserves | 130/1 | €1,859 | €0 | -€1,859 | -100.0% |
| Reserves not available under the articles | 1311 | €1,859 | €0 | -€1,859 | -100.0% |
| Distributable reserves | 133 | €95,945 | €100,946 | +€5,002 | +5.2% |
| Amounts payable | 17/49 | €80,010 | €82,026 | +€2,016 | +2.5% |
| Amounts payable within one year | 42/48 | €80,010 | €82,026 | +€2,016 | +2.5% |
| Trade debts | 44 | €43,836 | €46,168 | +€2,331 | +5.3% |
| Suppliers | 440/4 | €43,836 | €46,168 | +€2,331 | +5.3% |
| Taxes, remuneration and social security | 45 | €0 | €154 | +€154 | |
| Taxes | 450/3 | €0 | €154 | +€154 | |
| Other amounts payable | 47/48 | €36,174 | €35,705 | -€469 | -1.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,811 | €3,535 | +€724 | +25.8% |
| Other operating charges | 640/8 | €938 | €579 | -€359 | -38.3% |
| Gross operating margin | 9900 | €8,229 | €9,006 | +€777 | +9.4% |
| Operating profit (loss) | 9901 | €4,479 | €4,892 | +€412 | +9.2% |
| Financial income | 75/76B | €413 | €488 | +€75 | +18.1% |
| Recurring financial income | 75 | €413 | €488 | +€75 | +18.1% |
| Financial charges | 65/66B | €44 | €72 | +€28 | +62.9% |
| Recurring financial charges | 65 | €44 | €72 | +€28 | +62.9% |
| Profit (loss) for the period before taxes | 9903 | €4,849 | €5,308 | +€460 | +9.5% |
| Income taxes | 67/77 | €2,319 | €2,166 | -€153 | -6.6% |
| Profit (loss) for the period | 9904 | €2,530 | €3,143 | +€613 | +24.2% |
| Profit (loss) for the period to be appropriated | 9905 | €2,530 | €3,143 | +€613 | +24.2% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.