A+: what changed
What changed
A+
NACE 62.100, Computer programming
filed annual accounts (NBB)
Net result for the year
-€475,234
2024 · -€1.2m+€745,174
Equity
€9.7m
2024 · €10.2m-€475,234
Cash
€79,625
2024 · €92,520-€12,895
Balance sheet total
€11.1m
2024 · €11.1m-€70,214
Largest movements
Assets
- Receivables after one year -€178,502
down €178,502 (-11.8%), from €1.5m to €1.3m
- Receivables within one year +€143,358
up €143,358 (+201%), from €71,451 to €214,809
of which Trade receivables: +€88,033
Equity and liabilities
- Trade debts +€759,410
up €759,410 (+1,191%), from €63,760 to €823,170
- Reserves -€475,234
down €475,234 (-48.7%), from €976,049 to €500,815
- Other debts -€133,336
down €133,336 (-100%), from €133,336 to €0
- Debts after one year -€133,333
down €133,333 (-33.3%), from €400,001 to €266,668
Income statement
- Financial charges -€1.7m
down €1.7m (-97.7%), from €1.7m to €40,305
of which Financial charges: -€1.3m
- Turnover -€839,536
down €839,536 (-61.7%), from €1.4m to €522,127
- Financial income -€157,222
down €157,222 (-72.3%), from €217,489 to €60,267
- Services and other goods +€152,077
up €152,077 (+22.6%), from €674,263 to €826,340
- Taxes -€121,304
down €121,304 (-99.7%), from €121,645 to €341
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
-€1.2m
Turnover
-€839,536
Other operating income
-€5,372
Services and other goods
-€152,077
Staff costs
+€83,403
Depreciation
+€5,347
Other operating charges
+€233
Other operating items
-€3,934
Financial income
-€157,222
Financial charges
+€1.7m
Taxes
+€121,304
Result 2025
-€475,234
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€114,004
Investment
+€6,434
Financing
-€133,333
Cash 2024
€92,520
From operations (derived)
+€114,004
Net result for the year
-€475,234
Depreciation
+€11,375
Receivables after one year
+€178,502
Receivables within one year
-€143,358
Deferred charges and accrued income
+€4,366
Trade debts
+€759,410
Tax, wage and social debts
-€86,496
Other debts
-€133,336
Accrued charges and deferred income
-€1,225
Investment (derived)
+€6,434
Investment in fixed assets (net)
+€6,434
Financing
-€133,333
Debts after one year
-€133,333
Cash 2025
€79,625
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €11,132,067 | €11,061,853 | -€70,214 | -0.6% |
| Fixed assets | 21/28 | €9,453,518 | €9,435,708 | -€17,810 | -0.2% |
| Tangible fixed assets | 22/27 | €34,918 | €17,108 | -€17,810 | -51.0% |
| Furniture and vehicles | 24 | €34,918 | €17,108 | -€17,810 | -51.0% |
| Financial fixed assets | 28 | €9,418,600 | €9,418,600 | = | 0.0% |
| Affiliated companies | 280/1 | €9,418,600 | €9,418,600 | = | 0.0% |
| Participating interests | 280 | €9,418,600 | €9,418,600 | = | 0.0% |
| Current assets | 29/58 | €1,678,549 | €1,626,145 | -€52,404 | -3.1% |
| Amounts receivable after more than one year | 29 | €1,510,187 | €1,331,685 | -€178,502 | -11.8% |
| Other amounts receivable | 291 | €1,510,187 | €1,331,685 | -€178,502 | -11.8% |
| Stocks and contracts in progress | 3 | €0 | €0 | = | |
| Amounts receivable within one year | 40/41 | €71,451 | €214,809 | +€143,358 | +201% |
| Trade receivables | 40 | €70,851 | €158,884 | +€88,033 | +124% |
| Other amounts receivable | 41 | €600 | €55,925 | +€55,325 | +9,225% |
| Cash at bank and in hand | 54/58 | €92,520 | €79,625 | -€12,895 | -13.9% |
| Deferred charges and accrued income | 490/1 | €4,391 | €25 | -€4,366 | -99.4% |
| Total equity and liabilities | 10/49 | €11,132,067 | €11,061,853 | -€70,214 | -0.6% |
| Equity | 10/15 | €10,197,962 | €9,722,729 | -€475,234 | -4.7% |
| Contributions | 10/11 | €53,303 | €53,303 | = | 0.0% |
| Revaluation surpluses | 12 | €9,168,610 | €9,168,610 | = | 0.0% |
| Reserves | 13 | €976,049 | €500,815 | -€475,234 | -48.7% |
| Distributable reserves | 133 | €976,049 | €500,815 | -€475,234 | -48.7% |
| Amounts payable | 17/49 | €934,105 | €1,339,124 | +€405,020 | +43.4% |
| Amounts payable after more than one year | 17 | €400,001 | €266,668 | -€133,333 | -33.3% |
| Financial debts | 170/4 | €400,001 | €266,668 | -€133,333 | -33.3% |
| Credit institutions | 173 | €400,001 | €266,668 | -€133,333 | -33.3% |
| Amounts payable within one year | 42/48 | €507,598 | €1,047,176 | +€539,578 | +106% |
| Current portion of amounts payable after more than one year | 42 | €133,333 | €133,333 | = | 0.0% |
| Trade debts | 44 | €63,760 | €823,170 | +€759,410 | +1,191% |
| Suppliers | 440/4 | €63,760 | €823,170 | +€759,410 | +1,191% |
| Taxes, remuneration and social security | 45 | €177,169 | €90,673 | -€86,496 | -48.8% |
| Taxes | 450/3 | €132,575 | €66,645 | -€65,930 | -49.7% |
| Remuneration and social security | 454/9 | €44,594 | €24,028 | -€20,566 | -46.1% |
| Other amounts payable | 47/48 | €133,336 | €0 | -€133,336 | -100% |
| Accrued charges and deferred income | 492/3 | €26,506 | €25,281 | -€1,225 | -4.6% |
| Operating income | 70/76A | €1,368,516 | €523,609 | -€844,908 | -61.7% |
| Turnover | 70 | €1,361,663 | €522,127 | -€839,536 | -61.7% |
| Other operating income | 74 | €6,853 | €1,482 | -€5,372 | -78.4% |
| Operating charges | 60/66A | €951,435 | €1,018,464 | +€67,028 | +7.0% |
| Services and other goods | 61 | €674,263 | €826,340 | +€152,077 | +22.6% |
| Remuneration, social security and pensions | 62 | €258,803 | €175,400 | -€83,403 | -32.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,722 | €11,375 | -€5,347 | -32.0% |
| Other operating charges | 640/8 | €1,647 | €1,414 | -€233 | -14.2% |
| Non-recurring operating charges | 66A | - | €3,934 | +€3,934 | |
| Operating profit (loss) | 9901 | €417,081 | -€494,855 | -€911,936 | |
| Financial income | 75/76B | €217,489 | €60,267 | -€157,222 | -72.3% |
| Recurring financial income | 75 | €217,489 | €60,267 | -€157,222 | -72.3% |
| Income from financial fixed assets | 750 | €0 | - | = | |
| Income from current assets | 751 | €217,489 | €60,267 | -€157,222 | -72.3% |
| Other financial income | 752/9 | €0 | - | = | |
| Financial charges | 65/66B | €1,733,332 | €40,305 | -€1.7m | -97.7% |
| Recurring financial charges | 65 | €1,378,332 | €40,305 | -€1.3m | -97.1% |
| Debt charges | 650 | €173,270 | €39,595 | -€133,675 | -77.1% |
| Write-downs on current assets other than stocks, contracts in progress and trade receivables: additions (reversals) | 651 | €1,204,519 | €0 | -€1.2m | -100% |
| Other financial charges | 652/9 | €543 | €710 | +€167 | +30.7% |
| Non-recurring financial charges | 66B | €355,000 | €0 | -€355,000 | -100% |
| Profit (loss) for the period before taxes | 9903 | -€1,098,763 | -€474,892 | +€623,870 | +56.8% |
| Income taxes | 67/77 | €121,645 | €341 | -€121,304 | -99.7% |
| Taxes | 670/3 | €121,645 | €341 | -€121,304 | -99.7% |
| Profit (loss) for the period | 9904 | -€1,220,408 | -€475,234 | +€745,174 | +61.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,220,408 | -€475,234 | +€745,174 | +61.1% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.