DIGITAL DISTRIBUTION: 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 DISTRIBUTION
Largest movements
- Receivables within one year -€10,598
down €10,598 (-9.3%), from €114,048 to €103,450
of which Other amounts receivable: -€7,146
- Other debts -€22,368
down €22,368 (-8.1%), from €275,185 to €252,817
- Profit (loss) carried forward +€17,082
up €17,082 (+3.0%), from -€563,107 to -€546,025
- Trade debts -€9,611
down €9,611 (-2.8%), from €339,628 to €330,017
- Tax, wage and social debts +€4,163
up €4,163, from €0 to €4,163
- Gross operating margin -€5,806
down €5,806 (-24.6%), from €23,589 to €17,783
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 | €114,899 | €103,642 | -€11,256 | -9.8% |
| Current assets | 29/58 | €114,899 | €103,642 | -€11,256 | -9.8% |
| Amounts receivable within one year | 40/41 | €114,048 | €103,450 | -€10,598 | -9.3% |
| Trade receivables | 40 | €46,824 | €43,373 | -€3,452 | -7.4% |
| Other amounts receivable | 41 | €67,223 | €60,077 | -€7,146 | -10.6% |
| Cash at bank and in hand | 54/58 | €711 | €50 | -€661 | -93.0% |
| Deferred charges and accrued income | 490/1 | €141 | €143 | +€2 | +1.6% |
| Total equity and liabilities | 10/49 | €114,899 | €103,642 | -€11,256 | -9.8% |
| Equity | 10/15 | -€500,607 | -€483,525 | +€17,082 | +3.4% |
| Contributions | 10/11 | €62,500 | €62,500 | = | 0.0% |
| Capital | 10 | €62,500 | €62,500 | = | 0.0% |
| Issued capital | 100 | €62,500 | €62,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€563,107 | -€546,025 | +€17,082 | +3.0% |
| Amounts payable | 17/49 | €615,506 | €587,168 | -€28,338 | -4.6% |
| Amounts payable within one year | 42/48 | €615,506 | €587,168 | -€28,338 | -4.6% |
| Financial debts | 43 | €692 | €170 | -€522 | -75.4% |
| Credit institutions | 430/8 | €692 | €170 | -€522 | -75.4% |
| Trade debts | 44 | €339,628 | €330,017 | -€9,611 | -2.8% |
| Suppliers | 440/4 | €339,628 | €330,017 | -€9,611 | -2.8% |
| Taxes, remuneration and social security | 45 | €0 | €4,163 | +€4,163 | |
| Taxes | 450/3 | €0 | €4,163 | +€4,163 | |
| Other amounts payable | 47/48 | €275,185 | €252,817 | -€22,368 | -8.1% |
| Other operating charges | 640/8 | €472 | €487 | +€15 | +3.2% |
| Gross operating margin | 9900 | €23,589 | €17,783 | -€5,806 | -24.6% |
| Operating profit (loss) | 9901 | €23,117 | €17,296 | -€5,821 | -25.2% |
| Financial charges | 65/66B | €335 | €214 | -€120 | -36.0% |
| Recurring financial charges | 65 | €335 | €214 | -€120 | -36.0% |
| Profit (loss) for the period before taxes | 9903 | €22,782 | €17,082 | -€5,701 | -25.0% |
| Profit (loss) for the period | 9904 | €22,782 | €17,082 | -€5,701 | -25.0% |
| Profit (loss) for the period to be appropriated | 9905 | €22,782 | €17,082 | -€5,701 | -25.0% |
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 30 September 2026 via checked.be.