Born 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.
Born Digital
Largest movements
- Cash +€48,922
up €48,922 (+109%), from €44,765 to €93,687
mainly Receivables within one year (+€20,491) and Trade debts (+€14,368)
- Receivables within one year -€20,491
down €20,491 (-14.2%), from €144,383 to €123,892
of which Trade receivables: -€31,565
- Tangible fixed assets -€11,849
down €11,849 (-40.4%), from €29,352 to €17,503
of which Furniture and vehicles: -€9,131
- Trade debts +€14,368
up €14,368 (+193%), from €7,457 to €21,825
- Debts after one year -€13,628
down €13,628 (-64.1%), from €21,259 to €7,632
- Accrued charges and deferred income +€7,873
up €7,873 (+25.7%), from €30,602 to €38,476
- Tax, wage and social debts +€7,694
up €7,694 (+24.1%), from €31,933 to €39,627
of which Taxes: +€4,751
- Reserves -€6,467
down €6,467 (-6.6%), from €97,650 to €91,182
- Gross operating margin -€86,578
down €86,578 (-27.0%), from €320,843 to €234,265
- Taxes -€19,336
down €19,336 (-91.7%), from €21,080 to €1,744
- Staff costs -€13,003
down €13,003 (-5.9%), from €219,363 to €206,360
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 | €226,260 | €241,668 | +€15,408 | +6.8% |
| Fixed assets | 21/28 | €29,502 | €17,653 | -€11,849 | -40.2% |
| Tangible fixed assets | 22/27 | €29,352 | €17,503 | -€11,849 | -40.4% |
| Furniture and vehicles | 24 | €21,691 | €12,560 | -€9,131 | -42.1% |
| Other tangible fixed assets | 26 | €7,661 | €4,943 | -€2,718 | -35.5% |
| Financial fixed assets | 28 | €150 | €150 | = | 0.0% |
| Current assets | 29/58 | €196,759 | €224,015 | +€27,257 | +13.9% |
| Amounts receivable within one year | 40/41 | €144,383 | €123,892 | -€20,491 | -14.2% |
| Trade receivables | 40 | €144,117 | €112,552 | -€31,565 | -21.9% |
| Other amounts receivable | 41 | €265 | €11,339 | +€11,074 | +4,175% |
| Cash at bank and in hand | 54/58 | €44,765 | €93,687 | +€48,922 | +109% |
| Deferred charges and accrued income | 490/1 | €7,611 | €6,437 | -€1,174 | -15.4% |
| Total equity and liabilities | 10/49 | €226,260 | €241,668 | +€15,408 | +6.8% |
| Equity | 10/15 | €114,655 | €108,188 | -€6,467 | -5.6% |
| Contributions | 10/11 | €17,005 | €17,005 | = | 0.0% |
| Reserves | 13 | €97,650 | €91,182 | -€6,467 | -6.6% |
| Distributable reserves | 133 | €97,650 | €91,182 | -€6,467 | -6.6% |
| Amounts payable | 17/49 | €111,605 | €133,480 | +€21,875 | +19.6% |
| Amounts payable after more than one year | 17 | €21,259 | €7,632 | -€13,628 | -64.1% |
| Financial debts | 170/4 | €21,259 | €7,632 | -€13,628 | -64.1% |
| Amounts payable within one year | 42/48 | €59,744 | €87,373 | +€27,629 | +46.2% |
| Current portion of amounts payable after more than one year | 42 | €13,203 | €13,628 | +€424 | +3.2% |
| Financial debts | 43 | €6,970 | €12,293 | +€5,323 | +76.4% |
| Credit institutions | 430/8 | €6,970 | €12,293 | +€5,323 | +76.4% |
| Trade debts | 44 | €7,457 | €21,825 | +€14,368 | +193% |
| Suppliers | 440/4 | €7,457 | €21,825 | +€14,368 | +193% |
| Advances received on contracts in progress | 46 | €180 | €0 | -€180 | -100% |
| Taxes, remuneration and social security | 45 | €31,933 | €39,627 | +€7,694 | +24.1% |
| Taxes | 450/3 | €7,472 | €12,224 | +€4,751 | +63.6% |
| Remuneration and social security | 454/9 | €24,461 | €27,404 | +€2,943 | +12.0% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €30,602 | €38,476 | +€7,873 | +25.7% |
| Non-recurring operating income | 76A | €2,988 | €0 | -€2,988 | -100% |
| Remuneration, social security and pensions | 62 | €219,363 | €206,360 | -€13,003 | -5.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,368 | €11,849 | +€2,481 | +26.5% |
| Other operating charges | 640/8 | €1,016 | €599 | -€417 | -41.0% |
| Non-recurring operating charges | 66A | €11,010 | €10,821 | -€189 | -1.7% |
| Gross operating margin | 9900 | €320,843 | €234,265 | -€86,578 | -27.0% |
| Operating profit (loss) | 9901 | €80,086 | €4,636 | -€75,451 | -94.2% |
| Financial income | 75/76B | €24 | €360 | +€336 | +1,413% |
| Recurring financial income | 75 | €24 | €360 | +€336 | +1,413% |
| Financial charges | 65/66B | €7,324 | €9,719 | +€2,395 | +32.7% |
| Recurring financial charges | 65 | €7,324 | €9,719 | +€2,395 | +32.7% |
| Profit (loss) for the period before taxes | 9903 | €72,786 | -€4,723 | -€77,510 | |
| Income taxes | 67/77 | €21,080 | €1,744 | -€19,336 | -91.7% |
| Profit (loss) for the period | 9904 | €51,706 | -€6,467 | -€58,173 | |
| Profit (loss) for the period to be appropriated | 9905 | €51,706 | -€6,467 | -€58,173 |
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 26 October 2026 via checked.be.