Working 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.
Working Software
Largest movements
- Cash +€34,908
up €34,908 (+172%), from €20,258 to €55,165
mainly Net result for the year (+€53,092) and Other debts (+€53,092)
- Tangible fixed assets +€24,621
up €24,621 (+2,708%), from €909 to €25,530
of which Other tangible fixed assets: +€24,376
- Receivables within one year -€5,601
down €5,601 (-28.9%), from €19,375 to €13,774
of which Other amounts receivable: -€7,036
- Other debts +€53,092
up €53,092, from €0 to €53,092
- Tax, wage and social debts +€7,949
up €7,949 (+105%), from €7,603 to €15,552
- Accrued charges and deferred income -€3,963
down €3,963 (-100%), from €3,963 to €0
- Gross operating margin +€18,483
up €18,483 (+37.2%), from €49,696 to €68,179
- Financial charges -€4,200
down €4,200 (-89.9%), from €4,670 to €470
- Depreciation -€3,089
down €3,089 (-51.3%), from €6,023 to €2,934
- Taxes +€1,869
up €1,869 (+13.9%), from €13,409 to €15,278
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 | €232,569 | €286,893 | +€54,324 | +23.4% |
| Fixed assets | 21/28 | €909 | €25,530 | +€24,621 | +2,708% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €909 | €25,530 | +€24,621 | +2,708% |
| Furniture and vehicles | 24 | €909 | €1,154 | +€245 | +27.0% |
| Other tangible fixed assets | 26 | - | €24,376 | +€24,376 | |
| Current assets | 29/58 | €231,660 | €261,363 | +€29,703 | +12.8% |
| Amounts receivable after more than one year | 29 | €185,000 | €185,000 | = | 0.0% |
| Other amounts receivable | 291 | €185,000 | €185,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €19,375 | €13,774 | -€5,601 | -28.9% |
| Trade receivables | 40 | €11,623 | €13,058 | +€1,436 | +12.4% |
| Other amounts receivable | 41 | €7,752 | €716 | -€7,036 | -90.8% |
| Cash at bank and in hand | 54/58 | €20,258 | €55,165 | +€34,908 | +172% |
| Deferred charges and accrued income | 490/1 | €7,027 | €7,423 | +€396 | +5.6% |
| Total equity and liabilities | 10/49 | €232,569 | €286,893 | +€54,324 | +23.4% |
| Equity | 10/15 | €213,075 | €213,075 | = | 0.0% |
| Contributions | 10/11 | €6,250 | €6,250 | = | 0.0% |
| Reserves | 13 | €206,825 | €206,825 | = | 0.0% |
| Distributable reserves | 133 | €206,825 | €206,825 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €19,494 | €73,818 | +€54,324 | +279% |
| Amounts payable within one year | 42/48 | €15,531 | €73,818 | +€58,288 | +375% |
| Financial debts | 43 | €6,762 | €4,038 | -€2,724 | -40.3% |
| Credit institutions | 430/8 | €6,762 | €4,038 | -€2,724 | -40.3% |
| Trade debts | 44 | €1,166 | €1,136 | -€30 | -2.6% |
| Suppliers | 440/4 | €1,166 | €1,136 | -€30 | -2.6% |
| Taxes, remuneration and social security | 45 | €7,603 | €15,552 | +€7,949 | +105% |
| Taxes | 450/3 | €7,603 | €15,552 | +€7,949 | +105% |
| Other amounts payable | 47/48 | €0 | €53,092 | +€53,092 | |
| Accrued charges and deferred income | 492/3 | €3,963 | €0 | -€3,963 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,023 | €2,934 | -€3,089 | -51.3% |
| Other operating charges | 640/8 | €2,062 | €1,644 | -€419 | -20.3% |
| Gross operating margin | 9900 | €49,696 | €68,179 | +€18,483 | +37.2% |
| Operating profit (loss) | 9901 | €41,611 | €63,602 | +€21,991 | +52.8% |
| Financial income | 75/76B | €5,259 | €5,239 | -€20 | -0.4% |
| Recurring financial income | 75 | €5,259 | €5,239 | -€20 | -0.4% |
| Financial charges | 65/66B | €4,670 | €470 | -€4,200 | -89.9% |
| Recurring financial charges | 65 | €4,670 | €470 | -€4,200 | -89.9% |
| Profit (loss) for the period before taxes | 9903 | €42,200 | €68,370 | +€26,171 | +62.0% |
| Income taxes | 67/77 | €13,409 | €15,278 | +€1,869 | +13.9% |
| Profit (loss) for the period | 9904 | €28,791 | €53,092 | +€24,301 | +84.4% |
| Profit (loss) for the period to be appropriated | 9905 | €28,791 | €53,092 | +€24,301 | +84.4% |
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.