BEAR DIGITAL: 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.
BEAR DIGITAL
Largest movements
- Receivables within one year +€11,175
up €11,175 (+37.5%), from €29,785 to €40,961
of which Other amounts receivable: +€6,609
- Deferred charges and accrued income +€7,736
up €7,736 (+301%), from €2,568 to €10,304
- Tangible fixed assets +€5,635
new in 2025: €5,635
- Cash +€3,390
up €3,390 (+12.9%), from €26,307 to €29,697
mainly Net result for the year (+€30,662) and Trade debts (+€468)
- Reserves +€30,662
up €30,662 (+70.3%), from €43,611 to €74,273
- Tax, wage and social debts -€3,194
down €3,194 (-26.5%), from €12,039 to €8,845
- Gross operating margin -€17,446
down €17,446 (-31.6%), from €55,177 to €37,731
- Taxes -€3,225
down €3,225 (-28.1%), from €11,458 to €8,233
- Financial income +€1,397
up €1,397 (+341%), from €410 to €1,806
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 | €58,660 | €86,597 | +€27,937 | +47.6% |
| Fixed assets | 21/28 | - | €5,635 | +€5,635 | |
| Tangible fixed assets | 22/27 | - | €5,635 | +€5,635 | |
| Plant, machinery and equipment | 23 | - | €5,635 | +€5,635 | |
| Current assets | 29/58 | €58,660 | €80,962 | +€22,301 | +38.0% |
| Amounts receivable within one year | 40/41 | €29,785 | €40,961 | +€11,175 | +37.5% |
| Trade receivables | 40 | €455 | €5,022 | +€4,567 | +1,004% |
| Other amounts receivable | 41 | €29,330 | €35,939 | +€6,609 | +22.5% |
| Cash at bank and in hand | 54/58 | €26,307 | €29,697 | +€3,390 | +12.9% |
| Deferred charges and accrued income | 490/1 | €2,568 | €10,304 | +€7,736 | +301% |
| Total equity and liabilities | 10/49 | €58,660 | €86,597 | +€27,937 | +47.6% |
| Equity | 10/15 | €45,611 | €76,273 | +€30,662 | +67.2% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €43,611 | €74,273 | +€30,662 | +70.3% |
| Distributable reserves | 133 | €43,611 | €74,273 | +€30,662 | +70.3% |
| Amounts payable | 17/49 | €13,050 | €10,324 | -€2,726 | -20.9% |
| Amounts payable within one year | 42/48 | €13,050 | €10,324 | -€2,726 | -20.9% |
| Trade debts | 44 | €1,011 | €1,479 | +€468 | +46.3% |
| Suppliers | 440/4 | €1,011 | €1,479 | +€468 | +46.3% |
| Taxes, remuneration and social security | 45 | €12,039 | €8,845 | -€3,194 | -26.5% |
| Taxes | 450/3 | €12,039 | €8,845 | -€3,194 | -26.5% |
| Non-recurring operating income | 76A | €360 | €3,963 | +€3,602 | +1,000% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €91 | +€91 | |
| Other operating charges | 640/8 | €502 | €507 | +€5 | +1.0% |
| Gross operating margin | 9900 | €55,177 | €37,731 | -€17,446 | -31.6% |
| Operating profit (loss) | 9901 | €54,675 | €37,132 | -€17,543 | -32.1% |
| Financial income | 75/76B | €410 | €1,806 | +€1,397 | +341% |
| Recurring financial income | 75 | €410 | €1,806 | +€1,397 | +341% |
| Financial charges | 65/66B | €16 | €43 | +€27 | +167% |
| Recurring financial charges | 65 | €16 | €43 | +€27 | +167% |
| Profit (loss) for the period before taxes | 9903 | €55,068 | €38,895 | -€16,173 | -29.4% |
| Income taxes | 67/77 | €11,458 | €8,233 | -€3,225 | -28.1% |
| Profit (loss) for the period | 9904 | €43,611 | €30,662 | -€12,948 | -29.7% |
| Profit (loss) for the period to be appropriated | 9905 | €43,611 | €30,662 | -€12,948 | -29.7% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.