DIGITAL EFFECTS: 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 EFFECTS
Largest movements
- Tangible fixed assets +€2,348
up €2,348 (+14.9%), from €15,802 to €18,150
- Cash -€1,107
down €1,107 (-11.5%), from €9,640 to €8,533
mainly Net result for the year (-€11,906) and Investment in fixed assets (net) (-€7,875)
- Other debts +€13,533
up €13,533 (+789.6%), from €1,714 to €15,247
- Profit (loss) carried forward -€11,906
down €11,906 (-107.9%), from -€11,033 to -€22,939
- Trade debts -€462
no longer reported in 2025 (was €462)
- Turnover -€4,168
down €4,168 (-14.8%), from €28,182 to €24,014
- Purchases and services -€2,580
down €2,580 (-8.2%), from €31,299 to €28,719
- Gross operating margin -€1,588
down €1,588 (-50.9%), from -€3,117 to -€4,705
- Depreciation -€1,394
down €1,394 (-20.1%), from €6,921 to €5,527
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 | €26,399 | €27,373 | +€974 | +3.7% |
| Fixed assets | 21/28 | €15,802 | €18,150 | +€2,348 | +14.9% |
| Tangible fixed assets | 22/27 | €15,802 | €18,150 | +€2,348 | +14.9% |
| Plant, machinery and equipment | 23 | €15,802 | €18,150 | +€2,348 | +14.9% |
| Current assets | 29/58 | €10,597 | €9,223 | -€1,374 | -13.0% |
| Amounts receivable within one year | 40/41 | €957 | €690 | -€267 | -27.9% |
| Trade receivables | 40 | €957 | - | -€957 | |
| Other amounts receivable | 41 | - | €690 | +€690 | |
| Cash at bank and in hand | 54/58 | €9,640 | €8,533 | -€1,107 | -11.5% |
| Total equity and liabilities | 10/49 | €26,399 | €27,373 | +€974 | +3.7% |
| Equity | 10/15 | €24,032 | €12,126 | -€11,906 | -49.5% |
| Contributions | 10/11 | €6,205 | €6,205 | = | 0.0% |
| Capital | 10 | €6,205 | €6,205 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €12,395 | €12,395 | = | 0.0% |
| Reserves | 13 | €28,860 | €28,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €27,000 | €27,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€11,033 | -€22,939 | -€11,906 | -107.9% |
| Amounts payable | 17/49 | €2,367 | €15,247 | +€12,880 | +544.1% |
| Amounts payable within one year | 42/48 | €2,176 | €15,247 | +€13,071 | +600.7% |
| Trade debts | 44 | €462 | - | -€462 | |
| Suppliers | 440/4 | €462 | - | -€462 | |
| Other amounts payable | 47/48 | €1,714 | €15,247 | +€13,533 | +789.6% |
| Accrued charges and deferred income | 492/3 | €191 | - | -€191 | |
| Turnover | 70 | €28,182 | €24,014 | -€4,168 | -14.8% |
| Goods, raw materials, services and sundry goods | 60/61 | €31,299 | €28,719 | -€2,580 | -8.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,921 | €5,527 | -€1,394 | -20.1% |
| Other operating charges | 640/8 | €1,365 | €1,535 | +€170 | +12.5% |
| Gross operating margin | 9900 | -€3,117 | -€4,705 | -€1,588 | -50.9% |
| Operating profit (loss) | 9901 | -€11,403 | -€11,767 | -€364 | -3.2% |
| Financial charges | 65/66B | €147 | - | -€147 | |
| Recurring financial charges | 65 | €147 | - | -€147 | |
| Profit (loss) for the period before taxes | 9903 | -€11,550 | -€11,767 | -€217 | -1.9% |
| Income taxes | 67/77 | €132 | €139 | +€7 | +5.3% |
| Profit (loss) for the period | 9904 | -€11,682 | -€11,906 | -€224 | -1.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€11,682 | -€11,906 | -€224 | -1.9% |
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.