DIGITAL ASSOCIATES: 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.
DIGITAL ASSOCIATES
Largest movements
- Current investments -€31,404
down €31,404 (-38.2%), from €82,116 to €50,712
- Receivables within one year -€6,028
down €6,028 (-75.7%), from €7,965 to €1,937
- Tangible fixed assets -€2,842
down €2,842 (-59.7%), from €4,757 to €1,915
- Cash -€1,504
down €1,504 (-72.4%), from €2,076 to €572
mainly Net result for the year (-€41,997) and Contributions, distributions and other (-€833)
- Profit (loss) carried forward -€42,830
down €42,830 (-47.5%), from €90,089 to €47,259
- Gross operating margin -€36,446
down €36,446 (-2,161%), from -€1,687 to -€38,133
- Depreciation -€7,476
down €7,476 (-72.5%), from €10,317 to €2,842
- Financial income -€786
down €786 (-90.1%), from €872 to €86
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 | €98,322 | €56,492 | -€41,829 | -42.5% |
| Fixed assets | 21/28 | €5,327 | €2,485 | -€2,842 | -53.3% |
| Tangible fixed assets | 22/27 | €4,757 | €1,915 | -€2,842 | -59.7% |
| Furniture and vehicles | 24 | €4,757 | €1,915 | -€2,842 | -59.7% |
| Financial fixed assets | 28 | €570 | €570 | = | 0.0% |
| Current assets | 29/58 | €92,995 | €54,007 | -€38,988 | -41.9% |
| Amounts receivable within one year | 40/41 | €7,965 | €1,937 | -€6,028 | -75.7% |
| Other amounts receivable | 41 | €7,965 | €1,937 | -€6,028 | -75.7% |
| Current investments | 50/53 | €82,116 | €50,712 | -€31,404 | -38.2% |
| Cash at bank and in hand | 54/58 | €2,076 | €572 | -€1,504 | -72.4% |
| Deferred charges and accrued income | 490/1 | €837 | €786 | -€51 | -6.1% |
| Total equity and liabilities | 10/49 | €98,322 | €56,492 | -€41,829 | -42.5% |
| Equity | 10/15 | €98,149 | €55,319 | -€42,830 | -43.6% |
| Contributions | 10/11 | €8,060 | €8,060 | = | 0.0% |
| Profit (loss) carried forward | 14 | €90,089 | €47,259 | -€42,830 | -47.5% |
| Amounts payable | 17/49 | €172 | €1,173 | +€1,001 | +581% |
| Amounts payable within one year | 42/48 | €156 | €1,171 | +€1,015 | +652% |
| Financial debts | 43 | €68 | €157 | +€89 | +132% |
| Credit institutions | 430/8 | €68 | €157 | +€89 | +132% |
| Trade debts | 44 | €88 | €118 | +€30 | +34.3% |
| Suppliers | 440/4 | €88 | €118 | +€30 | +34.3% |
| Taxes, remuneration and social security | 45 | - | €63 | +€63 | |
| Taxes | 450/3 | - | €63 | +€63 | |
| Other amounts payable | 47/48 | - | €833 | +€833 | |
| Accrued charges and deferred income | 492/3 | €17 | €2 | -€15 | -87.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,317 | €2,842 | -€7,476 | -72.5% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | -€1,687 | -€38,133 | -€36,446 | -2,161% |
| Operating profit (loss) | 9901 | -€12,392 | -€41,375 | -€28,983 | -234% |
| Financial income | 75/76B | €872 | €86 | -€786 | -90.1% |
| Recurring financial income | 75 | €872 | €86 | -€786 | -90.1% |
| Financial charges | 65/66B | €114 | €121 | +€7 | +6.6% |
| Recurring financial charges | 65 | €114 | €121 | +€7 | +6.6% |
| Profit (loss) for the period before taxes | 9903 | -€11,633 | -€41,410 | -€29,777 | -256% |
| Income taxes | 67/77 | €601 | €587 | -€14 | -2.4% |
| Profit (loss) for the period | 9904 | -€12,234 | -€41,997 | -€29,763 | -243% |
| Profit (loss) for the period to be appropriated | 9905 | -€12,234 | -€41,997 | -€29,763 | -243% |
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 29 October 2026 via checked.be.