FG-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.
FG-Software
Largest movements
- Intangible fixed assets +€119,978
up €119,978 (+56.6%), from €211,809 to €331,787
- Cash -€17,458
down €17,458 (-60.0%), from €29,086 to €11,629
mainly Investment in fixed assets (net) (-€203,664) and Tax, wage and social debts (-€33,277)
- Other debts +€118,356
up €118,356 (+146%), from €80,876 to €199,232
- Tax, wage and social debts -€33,277
down €33,277 (-99.0%), from €33,619 to €343
of which Remuneration and social security: -€33,264
- Reserves +€8,566
up €8,566 (+23.9%), from €35,880 to €44,446
- Debts after one year +€4,497
up €4,497 (+5.0%), from €89,946 to €94,443
- Staff costs -€162,079
down €162,079 (-54.0%), from €300,192 to €138,114
- Gross operating margin -€52,724
down €52,724 (-17.2%), from €306,310 to €253,586
- Depreciation +€13,357
up €13,357 (+18.3%), from €72,848 to €86,205
- Financial charges +€9,945
up €9,945 (+184%), from €5,412 to €15,357
- Write-downs +€4,392
new in 2025: €4,392
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 | €267,491 | €364,795 | +€97,304 | +36.4% |
| Fixed assets | 21/28 | €216,105 | €333,565 | +€117,459 | +54.4% |
| Intangible fixed assets | 21 | €211,809 | €331,787 | +€119,978 | +56.6% |
| Tangible fixed assets | 22/27 | €4,296 | €1,777 | -€2,519 | -58.6% |
| Furniture and vehicles | 24 | €4,296 | €1,777 | -€2,519 | -58.6% |
| Current assets | 29/58 | €51,386 | €31,230 | -€20,156 | -39.2% |
| Amounts receivable within one year | 40/41 | €19,520 | €18,599 | -€921 | -4.7% |
| Trade receivables | 40 | €5,447 | €2,532 | -€2,915 | -53.5% |
| Other amounts receivable | 41 | €14,073 | €16,067 | +€1,994 | +14.2% |
| Cash at bank and in hand | 54/58 | €29,086 | €11,629 | -€17,458 | -60.0% |
| Deferred charges and accrued income | 490/1 | €2,779 | €1,003 | -€1,777 | -63.9% |
| Total equity and liabilities | 10/49 | €267,491 | €364,795 | +€97,304 | +36.4% |
| Equity | 10/15 | €42,080 | €50,646 | +€8,566 | +20.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €35,880 | €44,446 | +€8,566 | +23.9% |
| Distributable reserves | 133 | €35,880 | €44,446 | +€8,566 | +23.9% |
| Amounts payable | 17/49 | €225,411 | €314,149 | +€88,738 | +39.4% |
| Amounts payable after more than one year | 17 | €89,946 | €94,443 | +€4,497 | +5.0% |
| Financial debts | 170/4 | €89,946 | €94,443 | +€4,497 | +5.0% |
| Amounts payable within one year | 42/48 | €135,465 | €219,705 | +€84,240 | +62.2% |
| Trade debts | 44 | €20,970 | €20,131 | -€839 | -4.0% |
| Suppliers | 440/4 | €20,970 | €20,131 | -€839 | -4.0% |
| Taxes, remuneration and social security | 45 | €33,619 | €343 | -€33,277 | -99.0% |
| Taxes | 450/3 | €355 | €343 | -€13 | -3.6% |
| Remuneration and social security | 454/9 | €33,264 | €0 | -€33,264 | -100% |
| Other amounts payable | 47/48 | €80,876 | €199,232 | +€118,356 | +146% |
| Remuneration, social security and pensions | 62 | €300,192 | €138,114 | -€162,079 | -54.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €72,848 | €86,205 | +€13,357 | +18.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €4,392 | +€4,392 | |
| Other operating charges | 640/8 | €663 | €839 | +€176 | +26.6% |
| Gross operating margin | 9900 | €306,310 | €253,586 | -€52,724 | -17.2% |
| Operating profit (loss) | 9901 | -€67,393 | €24,037 | +€91,430 | |
| Financial income | 75/76B | €1 | €3 | +€2 | +259% |
| Recurring financial income | 75 | €1 | €3 | +€2 | +259% |
| Financial charges | 65/66B | €5,412 | €15,357 | +€9,945 | +184% |
| Recurring financial charges | 65 | €5,412 | €15,357 | +€9,945 | +184% |
| Profit (loss) for the period before taxes | 9903 | -€72,805 | €8,683 | +€81,487 | |
| Income taxes | 67/77 | €226 | €117 | -€109 | -48.3% |
| Profit (loss) for the period | 9904 | -€73,030 | €8,566 | +€81,596 | |
| Profit (loss) for the period to be appropriated | 9905 | -€73,030 | €8,566 | +€81,596 |
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 24 October 2026 via checked.be.