DIGITAL DIRECTION: 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 DIRECTION
Largest movements
- Cash -€55,629
down €55,629 (-68.8%), from €80,857 to €25,228
mainly Net result for the year (-€44,262) and Investment in fixed assets (net) (-€19,000)
- Tangible fixed assets +€10,905
up €10,905 (+4.6%), from €237,121 to €248,026
of which Plant, machinery and equipment: +€17,345
- Profit (loss) carried forward -€44,262
down €44,262, from €38,045 to -€6,217
- Gross operating margin -€46,796
down €46,796, from €24,005 to -€22,791
- Taxes +€7,831
new in 2025: €7,831
- Other operating charges +€5,395
new in 2025: €5,395
- Depreciation +€1,655
up €1,655 (+25.7%), from €6,439 to €8,095
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 | €330,435 | €285,765 | -€44,670 | -13.5% |
| Fixed assets | 21/28 | €237,121 | €248,026 | +€10,905 | +4.6% |
| Tangible fixed assets | 22/27 | €237,121 | €248,026 | +€10,905 | +4.6% |
| Land and buildings | 22 | €237,121 | €230,682 | -€6,439 | -2.7% |
| Plant, machinery and equipment | 23 | - | €17,345 | +€17,345 | |
| Current assets | 29/58 | €93,314 | €37,739 | -€55,575 | -59.6% |
| Amounts receivable within one year | 40/41 | €12,457 | €12,511 | +€54 | +0.4% |
| Trade receivables | 40 | €10,000 | - | -€10,000 | |
| Other amounts receivable | 41 | €2,457 | €12,511 | +€10,054 | +409.3% |
| Cash at bank and in hand | 54/58 | €80,857 | €25,228 | -€55,629 | -68.8% |
| Total equity and liabilities | 10/49 | €330,435 | €285,765 | -€44,670 | -13.5% |
| Equity | 10/15 | €44,645 | €383 | -€44,262 | -99.1% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Contributions outside capital | 11 | €6,000 | €6,000 | = | 0.0% |
| Share premium | 1100/10 | €6,000 | €6,000 | = | 0.0% |
| Reserves | 13 | €600 | €600 | = | 0.0% |
| Non-distributable reserves | 130/1 | €600 | €600 | = | 0.0% |
| Reserves not available under the articles | 1311 | €600 | €600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €38,045 | -€6,217 | -€44,262 | |
| Amounts payable | 17/49 | €285,790 | €285,382 | -€408 | -0.1% |
| Amounts payable after more than one year | 17 | €285,382 | €285,382 | = | 0.0% |
| Financial debts | 170/4 | €285,382 | €285,382 | = | 0.0% |
| Amounts payable within one year | 42/48 | €408 | - | -€408 | |
| Trade debts | 44 | €408 | - | -€408 | |
| Suppliers | 440/4 | €408 | - | -€408 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,439 | €8,095 | +€1,655 | +25.7% |
| Other operating charges | 640/8 | - | €5,395 | +€5,395 | |
| Gross operating margin | 9900 | €24,005 | -€22,791 | -€46,796 | |
| Operating profit (loss) | 9901 | €17,566 | -€36,280 | -€53,846 | |
| Financial charges | 65/66B | €165 | €150 | -€15 | -9.1% |
| Recurring financial charges | 65 | €165 | €150 | -€15 | -9.1% |
| Profit (loss) for the period before taxes | 9903 | €17,401 | -€36,430 | -€53,831 | |
| Income taxes | 67/77 | - | €7,831 | +€7,831 | |
| Profit (loss) for the period | 9904 | €17,401 | -€44,262 | -€61,663 | |
| Profit (loss) for the period to be appropriated | 9905 | €17,401 | -€44,262 | -€61,663 |
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 10 October 2026 via checked.be.