DIGITAL CAVIAR: what changed
Two fiscal 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 CAVIAR
Largest movements
- Cash +€42,438
up €42,438 (+27.7%), from €153,064 to €195,502
mainly Net result for the year (+€84,183) and Other debts (+€56,294)
- Receivables within one year +€29,231
up €29,231 (+152.8%), from €19,136 to €48,367
of which Trade receivables: +€20,753
- Tangible fixed assets -€18,101
down €18,101 (-5.8%), from €310,790 to €292,689
of which Land and buildings: -€34,090
- Other debts +€56,294
up €56,294 (+196.3%), from €28,676 to €84,971
- Tax, wage and social debts +€16,215
up €16,215 (+206.5%), from €7,851 to €24,067
- Debts after one year -€11,736
down €11,736 (-8.9%), from €132,105 to €120,369
- Depreciation +€6,859
up €6,859 (+61.0%), from €11,242 to €18,101
- Financial charges -€2,855
down €2,855 (-66.7%), from €4,279 to €1,424
- Gross operating margin -€2,660
down €2,660 (-2.1%), from €126,297 to €123,637
- Taxes -€1,972
down €1,972 (-8.5%), from €23,230 to €21,258
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.
Cash bridge derived
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 | €544,405 | €600,374 | +€55,970 | +10.3% |
| Fixed assets | 21/28 | €310,790 | €292,689 | -€18,101 | -5.8% |
| Tangible fixed assets | 22/27 | €310,790 | €292,689 | -€18,101 | -5.8% |
| Land and buildings | 22 | €310,790 | €276,700 | -€34,090 | -11.0% |
| Furniture and vehicles | 24 | - | €15,989 | +€15,989 | |
| Current assets | 29/58 | €233,614 | €307,685 | +€74,071 | +31.7% |
| Amounts receivable within one year | 40/41 | €19,136 | €48,367 | +€29,231 | +152.8% |
| Trade receivables | 40 | €17,366 | €38,119 | +€20,753 | +119.5% |
| Other amounts receivable | 41 | €1,770 | €10,248 | +€8,478 | +479.0% |
| Current investments | 50/53 | €59,559 | €61,257 | +€1,699 | +2.9% |
| Cash at bank and in hand | 54/58 | €153,064 | €195,502 | +€42,438 | +27.7% |
| Deferred charges and accrued income | 490/1 | €1,855 | €2,559 | +€704 | +37.9% |
| Total equity and liabilities | 10/49 | €544,405 | €600,374 | +€55,970 | +10.3% |
| Equity | 10/15 | €359,801 | €356,216 | -€3,585 | -1.0% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €341,251 | €337,666 | -€3,585 | -1.1% |
| Distributable reserves | 133 | €341,251 | €337,666 | -€3,585 | -1.1% |
| Amounts payable | 17/49 | €184,603 | €244,159 | +€59,555 | +32.3% |
| Amounts payable after more than one year | 17 | €132,105 | €120,369 | -€11,736 | -8.9% |
| Financial debts | 170/4 | €132,105 | €120,369 | -€11,736 | -8.9% |
| Amounts payable within one year | 42/48 | €52,499 | €123,790 | +€71,291 | +135.8% |
| Current portion of amounts payable after more than one year | 42 | €12,704 | €12,813 | +€109 | +0.9% |
| Trade debts | 44 | €3,268 | €1,940 | -€1,328 | -40.6% |
| Suppliers | 440/4 | €3,268 | €1,940 | -€1,328 | -40.6% |
| Taxes, remuneration and social security | 45 | €7,851 | €24,067 | +€16,215 | +206.5% |
| Taxes | 450/3 | €7,851 | €24,067 | +€16,215 | +206.5% |
| Other amounts payable | 47/48 | €28,676 | €84,971 | +€56,294 | +196.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,242 | €18,101 | +€6,859 | +61.0% |
| Other operating charges | 640/8 | €3,200 | €1,967 | -€1,233 | -38.5% |
| Gross operating margin | 9900 | €126,297 | €123,637 | -€2,660 | -2.1% |
| Operating profit (loss) | 9901 | €111,855 | €103,569 | -€8,286 | -7.4% |
| Financial income | 75/76B | €3,423 | €3,296 | -€127 | -3.7% |
| Recurring financial income | 75 | €3,423 | €3,296 | -€127 | -3.7% |
| Financial charges | 65/66B | €4,279 | €1,424 | -€2,855 | -66.7% |
| Recurring financial charges | 65 | €4,279 | €1,424 | -€2,855 | -66.7% |
| Profit (loss) for the period before taxes | 9903 | €110,999 | €105,441 | -€5,557 | -5.0% |
| Income taxes | 67/77 | €23,230 | €21,258 | -€1,972 | -8.5% |
| Profit (loss) for the period | 9904 | €87,769 | €84,183 | -€3,585 | -4.1% |
| Profit (loss) for the period to be appropriated | 9905 | €87,769 | €84,183 | -€3,585 | -4.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.