L-Soft: 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.
L-Soft
Largest movements
- Cash +€52,488
up €52,488 (+104%), from €50,392 to €102,880
mainly Net result for the year (+€37,267) and Depreciation (+€13,140)
- Tangible fixed assets -€13,140
down €13,140 (-29.0%), from €45,311 to €32,170
of which Leasing and similar rights: -€10,682
- Receivables within one year -€5,112
down €5,112 (-23.7%), from €21,601 to €16,489
of which Other amounts receivable: -€6,510
- Current investments -€3,000
down €3,000 (-100%), from €3,000 to €0
- Reserves +€37,267
up €37,267 (+54.2%), from €68,743 to €106,010
- Debts after one year -€9,445
down €9,445 (-25.1%), from €37,690 to €28,245
of which Financial debts: -€9,445
- Tax, wage and social debts +€2,713
up €2,713 (+88.6%), from €3,061 to €5,774
- Gross operating margin -€1,505
down €1,505 (-2.3%), from €66,253 to €64,747
- Depreciation +€1,264
up €1,264 (+10.6%), from €11,876 to €13,140
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 | €121,211 | €152,474 | +€31,263 | +25.8% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €45,311 | €32,170 | -€13,140 | -29.0% |
| Tangible fixed assets | 22/27 | €45,311 | €32,170 | -€13,140 | -29.0% |
| Plant, machinery and equipment | 23 | €4,390 | €2,930 | -€1,460 | -33.3% |
| Furniture and vehicles | 24 | €4,894 | €3,896 | -€998 | -20.4% |
| Leasing and similar rights | 25 | €36,027 | €25,345 | -€10,682 | -29.7% |
| Current assets | 29/58 | €75,900 | €120,304 | +€44,404 | +58.5% |
| Amounts receivable within one year | 40/41 | €21,601 | €16,489 | -€5,112 | -23.7% |
| Trade receivables | 40 | €13,220 | €14,619 | +€1,399 | +10.6% |
| Other amounts receivable | 41 | €8,380 | €1,870 | -€6,510 | -77.7% |
| Current investments | 50/53 | €3,000 | €0 | -€3,000 | -100% |
| Cash at bank and in hand | 54/58 | €50,392 | €102,880 | +€52,488 | +104% |
| Deferred charges and accrued income | 490/1 | €908 | €935 | +€27 | +3.0% |
| Total equity and liabilities | 10/49 | €121,211 | €152,474 | +€31,263 | +25.8% |
| Equity | 10/15 | €70,743 | €108,010 | +€37,267 | +52.7% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €68,743 | €106,010 | +€37,267 | +54.2% |
| Distributable reserves | 133 | €68,743 | €106,010 | +€37,267 | +54.2% |
| Amounts payable | 17/49 | €50,467 | €44,463 | -€6,004 | -11.9% |
| Amounts payable after more than one year | 17 | €37,690 | €28,245 | -€9,445 | -25.1% |
| Financial debts | 170/4 | €22,690 | €13,245 | -€9,445 | -41.6% |
| Other amounts payable | 178/9 | €15,000 | €15,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €12,777 | €16,218 | +€3,441 | +26.9% |
| Current portion of amounts payable after more than one year | 42 | €9,045 | €9,445 | +€399 | +4.4% |
| Financial debts | 43 | €110 | €30 | -€80 | -72.8% |
| Credit institutions | 430/8 | €0 | - | = | |
| Other loans | 439 | €110 | €30 | -€80 | -72.8% |
| Trade debts | 44 | €392 | €345 | -€47 | -11.9% |
| Suppliers | 440/4 | €392 | €345 | -€47 | -11.9% |
| Taxes, remuneration and social security | 45 | €3,061 | €5,774 | +€2,713 | +88.6% |
| Taxes | 450/3 | €3,061 | €5,774 | +€2,713 | +88.6% |
| Other amounts payable | 47/48 | €168 | €624 | +€456 | +271% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,876 | €13,140 | +€1,264 | +10.6% |
| Other operating charges | 640/8 | €788 | €641 | -€147 | -18.7% |
| Non-recurring operating charges | 66A | - | €115 | +€115 | |
| Gross operating margin | 9900 | €66,253 | €64,747 | -€1,505 | -2.3% |
| Operating profit (loss) | 9901 | €53,588 | €50,851 | -€2,737 | -5.1% |
| Financial income | 75/76B | €71 | €0 | -€71 | -100% |
| Recurring financial income | 75 | €71 | €0 | -€71 | -100% |
| Financial charges | 65/66B | €3,977 | €3,454 | -€523 | -13.2% |
| Recurring financial charges | 65 | €3,977 | €3,454 | -€523 | -13.2% |
| Profit (loss) for the period before taxes | 9903 | €49,682 | €47,397 | -€2,285 | -4.6% |
| Income taxes | 67/77 | €10,534 | €10,130 | -€404 | -3.8% |
| Profit (loss) for the period | 9904 | €39,148 | €37,267 | -€1,881 | -4.8% |
| Profit (loss) for the period to be appropriated | 9905 | €39,148 | €37,267 | -€1,881 | -4.8% |
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 25 October 2026 via checked.be.