DIGITAL HIVE: 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 HIVE
Largest movements
- Cash +€145,052
up €145,052 (+24.4%), from €593,378 to €738,430
mainly Net result for the year (+€440,616) and Accrued charges and deferred income (+€23,421)
- Receivables within one year +€108,130
up €108,130 (+13.1%), from €822,512 to €930,642
of which Other amounts receivable: +€80,456
- Reserves +€440,616
up €440,616 (+74.2%), from €593,653 to €1.0m
- Tax, wage and social debts -€136,204
down €136,204 (-56.9%), from €239,518 to €103,314
of which Taxes: -€143,504
- Trade debts -€51,799
down €51,799 (-11.3%), from €457,800 to €406,001
- Accrued charges and deferred income +€23,421
up €23,421 (+39.7%), from €58,968 to €82,389
- Gross operating margin +€201,454
up €201,454 (+21.0%), from €960,752 to €1.2m
- Staff costs +€78,186
up €78,186 (+16.5%), from €473,235 to €551,421
- Taxes +€31,083
up €31,083 (+25.9%), from €120,189 to €151,272
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 | €1,440,967 | €1,709,550 | +€268,583 | +18.6% |
| Fixed assets | 21/28 | €11,422 | €19,800 | +€8,378 | +73.3% |
| Tangible fixed assets | 22/27 | €7,322 | €15,700 | +€8,378 | +114.4% |
| Plant, machinery and equipment | 23 | €736 | €4,312 | +€3,576 | +485.9% |
| Furniture and vehicles | 24 | €6,586 | €11,388 | +€4,802 | +72.9% |
| Financial fixed assets | 28 | €4,100 | €4,100 | = | 0.0% |
| Current assets | 29/58 | €1,429,545 | €1,689,750 | +€260,205 | +18.2% |
| Amounts receivable within one year | 40/41 | €822,512 | €930,642 | +€108,130 | +13.1% |
| Trade receivables | 40 | €749,553 | €777,227 | +€27,674 | +3.7% |
| Other amounts receivable | 41 | €72,959 | €153,415 | +€80,456 | +110.3% |
| Cash at bank and in hand | 54/58 | €593,378 | €738,430 | +€145,052 | +24.4% |
| Deferred charges and accrued income | 490/1 | €13,655 | €20,678 | +€7,023 | +51.4% |
| Total equity and liabilities | 10/49 | €1,440,967 | €1,709,550 | +€268,583 | +18.6% |
| Equity | 10/15 | €623,653 | €1,064,269 | +€440,616 | +70.7% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | €593,653 | €1,034,269 | +€440,616 | +74.2% |
| Distributable reserves | 133 | €593,653 | €1,034,269 | +€440,616 | +74.2% |
| Amounts payable | 17/49 | €817,314 | €645,281 | -€172,033 | -21.0% |
| Amounts payable within one year | 42/48 | €758,346 | €562,892 | -€195,454 | -25.8% |
| Trade debts | 44 | €457,800 | €406,001 | -€51,799 | -11.3% |
| Suppliers | 440/4 | €457,800 | €406,001 | -€51,799 | -11.3% |
| Taxes, remuneration and social security | 45 | €239,518 | €103,314 | -€136,204 | -56.9% |
| Taxes | 450/3 | €186,572 | €43,068 | -€143,504 | -76.9% |
| Remuneration and social security | 454/9 | €52,946 | €60,246 | +€7,300 | +13.8% |
| Other amounts payable | 47/48 | €61,028 | €53,577 | -€7,451 | -12.2% |
| Accrued charges and deferred income | 492/3 | €58,968 | €82,389 | +€23,421 | +39.7% |
| Remuneration, social security and pensions | 62 | €473,235 | €551,421 | +€78,186 | +16.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,764 | €5,730 | +€966 | +20.3% |
| Other operating charges | 640/8 | €561 | €1,175 | +€614 | +109.4% |
| Gross operating margin | 9900 | €960,752 | €1,162,206 | +€201,454 | +21.0% |
| Operating profit (loss) | 9901 | €482,192 | €603,880 | +€121,688 | +25.2% |
| Financial income | 75/76B | €372 | €5,627 | +€5,255 | +1412.6% |
| Recurring financial income | 75 | €372 | €5,627 | +€5,255 | +1412.6% |
| Financial charges | 65/66B | €12,885 | €17,619 | +€4,734 | +36.7% |
| Recurring financial charges | 65 | €12,885 | €17,619 | +€4,734 | +36.7% |
| Profit (loss) for the period before taxes | 9903 | €469,679 | €591,888 | +€122,209 | +26.0% |
| Income taxes | 67/77 | €120,189 | €151,272 | +€31,083 | +25.9% |
| Profit (loss) for the period | 9904 | €349,490 | €440,616 | +€91,126 | +26.1% |
| Profit (loss) for the period to be appropriated | 9905 | €349,490 | €440,616 | +€91,126 | +26.1% |
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 8 October 2026 via checked.be.