DIGITAL FLOWS: 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 FLOWS
Largest movements
- Cash +€35,466
up €35,466 (+224.4%), from €15,803 to €51,269
mainly Net result for the year (+€21,116) and Receivables within one year (+€11,476)
- Receivables within one year -€11,476
down €11,476 (-40.6%), from €28,268 to €16,792
of which Trade receivables: -€11,476
- Intangible fixed assets +€2,566
new in 2025: €2,566
- Tangible fixed assets -€1,162
down €1,162 (-45.8%), from €2,539 to €1,376
- Deferred charges and accrued income -€750
down €750 (-97.9%), from €766 to €16
- Profit (loss) carried forward +€21,116
up €21,116 (+126.6%), from €16,681 to €37,796
- Trade debts +€2,003
up €2,003 (+30.5%), from €6,560 to €8,563
- Tax, wage and social debts +€1,882
up €1,882 (+17.0%), from €11,044 to €12,926
of which Taxes: +€1,882
- Gross operating margin +€9,594
up €9,594 (+41.8%), from €22,939 to €32,533
- Financial charges +€2,964
up €2,964 (+20396.2%), from €15 to €2,978
- Taxes +€1,615
up €1,615 (+32.7%), from €4,942 to €6,557
- Depreciation +€451
up €451 (+39.3%), from €1,146 to €1,597
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 | €48,228 | €72,661 | +€24,434 | +50.7% |
| Formation expenses | 20 | €852 | €642 | -€210 | -24.6% |
| Fixed assets | 21/28 | €2,539 | €3,942 | +€1,403 | +55.3% |
| Intangible fixed assets | 21 | - | €2,566 | +€2,566 | |
| Tangible fixed assets | 22/27 | €2,539 | €1,376 | -€1,162 | -45.8% |
| Furniture and vehicles | 24 | €2,539 | €1,376 | -€1,162 | -45.8% |
| Current assets | 29/58 | €44,837 | €68,077 | +€23,240 | +51.8% |
| Amounts receivable within one year | 40/41 | €28,268 | €16,792 | -€11,476 | -40.6% |
| Trade receivables | 40 | €28,268 | €16,792 | -€11,476 | -40.6% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €15,803 | €51,269 | +€35,466 | +224.4% |
| Deferred charges and accrued income | 490/1 | €766 | €16 | -€750 | -97.9% |
| Total equity and liabilities | 10/49 | €48,228 | €72,661 | +€24,434 | +50.7% |
| Equity | 10/15 | €26,681 | €47,796 | +€21,116 | +79.1% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €16,681 | €37,796 | +€21,116 | +126.6% |
| Amounts payable | 17/49 | €21,547 | €24,865 | +€3,318 | +15.4% |
| Amounts payable within one year | 42/48 | €21,547 | €24,865 | +€3,318 | +15.4% |
| Financial debts | 43 | €65 | €0 | -€65 | -100.0% |
| Credit institutions | 430/8 | €65 | €0 | -€65 | -100.0% |
| Trade debts | 44 | €6,560 | €8,563 | +€2,003 | +30.5% |
| Suppliers | 440/4 | €6,560 | €8,563 | +€2,003 | +30.5% |
| Taxes, remuneration and social security | 45 | €11,044 | €12,926 | +€1,882 | +17.0% |
| Taxes | 450/3 | €11,044 | €12,926 | +€1,882 | +17.0% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €3,878 | €3,376 | -€502 | -12.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,146 | €1,597 | +€451 | +39.3% |
| Other operating charges | 640/8 | €156 | €0 | -€156 | -100.0% |
| Non-recurring operating charges | 66A | - | €338 | +€338 | |
| Gross operating margin | 9900 | €22,939 | €32,533 | +€9,594 | +41.8% |
| Operating profit (loss) | 9901 | €21,637 | €30,598 | +€8,961 | +41.4% |
| Financial income | 75/76B | - | €53 | +€53 | |
| Recurring financial income | 75 | - | €53 | +€53 | |
| Financial charges | 65/66B | €15 | €2,978 | +€2,964 | +20396.2% |
| Recurring financial charges | 65 | €15 | €2,978 | +€2,964 | +20396.2% |
| Profit (loss) for the period before taxes | 9903 | €21,623 | €27,673 | +€6,050 | +28.0% |
| Income taxes | 67/77 | €4,942 | €6,557 | +€1,615 | +32.7% |
| Profit (loss) for the period | 9904 | €16,681 | €21,116 | +€4,435 | +26.6% |
| Profit (loss) for the period to be appropriated | 9905 | €16,681 | €21,116 | +€4,435 | +26.6% |
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 6 October 2026 via checked.be.