Digital it: 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 it
Largest movements
- Tangible fixed assets +€79,433
up €79,433 (+63.8%), from €124,509 to €203,942
of which Land and buildings: +€89,189
- Receivables within one year +€38,089
up €38,089 (+69.7%), from €54,653 to €92,742
of which Trade receivables: +€41,153
- Cash -€13,094
down €13,094 (-66.4%), from €19,721 to €6,627
mainly Investment in fixed assets (net) (-€83,643) and Receivables within one year (-€38,089)
- Provisions +€50,015
up €50,015 (+67.3%), from €74,345 to €124,360
- Profit (loss) carried forward +€37,034
up €37,034 (+41.3%), from €89,736 to €126,770
- Trade debts +€15,861
up €15,861 (+153.3%), from €10,349 to €26,210
- Tax, wage and social debts +€11,197
up €11,197 (+168.5%), from €6,644 to €17,842
- Current portion of long-term debt -€5,083
down €5,083 (-33.4%), from €15,196 to €10,113
- Provisions +€50,015
new in 2025: €50,015
- Gross operating margin -€6,053
down €6,053 (-4.2%), from €143,804 to €137,751
- Depreciation +€2,979
up €2,979 (+242.1%), from €1,231 to €4,210
- Taxes +€2,822
up €2,822 (+10.8%), from €26,233 to €29,056
- Other operating charges -€1,872
down €1,872 (-53.9%), from €3,474 to €1,602
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 | €204,883 | €310,294 | +€105,411 | +51.4% |
| Fixed assets | 21/28 | €124,509 | €203,942 | +€79,433 | +63.8% |
| Tangible fixed assets | 22/27 | €124,509 | €203,942 | +€79,433 | +63.8% |
| Land and buildings | 22 | €106,650 | €195,839 | +€89,189 | +83.6% |
| Plant, machinery and equipment | 23 | €3,074 | €5,181 | +€2,107 | +68.5% |
| Furniture and vehicles | 24 | €2,404 | €2,923 | +€518 | +21.6% |
| Assets under construction and advance payments | 27 | €12,381 | €0 | -€12,381 | -100.0% |
| Current assets | 29/58 | €80,374 | €106,352 | +€25,978 | +32.3% |
| Amounts receivable within one year | 40/41 | €54,653 | €92,742 | +€38,089 | +69.7% |
| Trade receivables | 40 | €26,811 | €67,964 | +€41,153 | +153.5% |
| Other amounts receivable | 41 | €27,842 | €24,778 | -€3,064 | -11.0% |
| Cash at bank and in hand | 54/58 | €19,721 | €6,627 | -€13,094 | -66.4% |
| Deferred charges and accrued income | 490/1 | €6,000 | €6,983 | +€983 | +16.4% |
| Total equity and liabilities | 10/49 | €204,883 | €310,294 | +€105,411 | +51.4% |
| Equity | 10/15 | €94,736 | €131,770 | +€37,034 | +39.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €89,736 | €126,770 | +€37,034 | +41.3% |
| Provisions and deferred taxes | 16 | €74,345 | €124,360 | +€50,015 | +67.3% |
| Provisions for liabilities and charges | 160/5 | €74,345 | €124,360 | +€50,015 | +67.3% |
| Other liabilities and charges | 164/5 | €74,345 | €124,360 | +€50,015 | +67.3% |
| Amounts payable | 17/49 | €35,802 | €54,164 | +€18,362 | +51.3% |
| Amounts payable within one year | 42/48 | €35,802 | €54,164 | +€18,362 | +51.3% |
| Current portion of amounts payable after more than one year | 42 | €15,196 | €10,113 | -€5,083 | -33.4% |
| Trade debts | 44 | €10,349 | €26,210 | +€15,861 | +153.3% |
| Suppliers | 440/4 | €10,349 | €26,210 | +€15,861 | +153.3% |
| Taxes, remuneration and social security | 45 | €6,644 | €17,842 | +€11,197 | +168.5% |
| Taxes | 450/3 | €6,644 | €17,842 | +€11,197 | +168.5% |
| Other amounts payable | 47/48 | €3,613 | €0 | -€3,613 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,231 | €4,210 | +€2,979 | +242.1% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €50,015 | +€50,015 | |
| Other operating charges | 640/8 | €3,474 | €1,602 | -€1,872 | -53.9% |
| Non-recurring operating charges | 66A | €17,851 | €0 | -€17,851 | -100.0% |
| Gross operating margin | 9900 | €143,804 | €137,751 | -€6,053 | -4.2% |
| Operating profit (loss) | 9901 | €121,248 | €81,925 | -€39,323 | -32.4% |
| Financial income | 75/76B | €29 | €0 | -€29 | -100.0% |
| Recurring financial income | 75 | €29 | €0 | -€29 | -100.0% |
| Financial charges | 65/66B | €5,307 | €4,071 | -€1,236 | -23.3% |
| Recurring financial charges | 65 | €5,307 | €4,071 | -€1,236 | -23.3% |
| Profit (loss) for the period before taxes | 9903 | €115,970 | €77,854 | -€38,116 | -32.9% |
| Income taxes | 67/77 | €26,233 | €29,056 | +€2,822 | +10.8% |
| Profit (loss) for the period | 9904 | €89,736 | €48,798 | -€40,938 | -45.6% |
| Profit (loss) for the period to be appropriated | 9905 | €89,736 | €48,798 | -€40,938 | -45.6% |
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 2 October 2026 via checked.be.