Digital Twins: what changed
Two financial 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 Twins
Largest movements
- Cash +€88,330
up €88,330 (+85.7%), from €103,126 to €191,456
mainly Net result for the year (+€31,007) and Other debts (+€29,837)
- Receivables within one year -€12,868
no longer reported in 2025 (was €12,868)
of which Trade receivables: -€7,384
- Tangible fixed assets -€8,131
down €8,131 (-1.6%), from €504,556 to €496,425
of which Land and buildings: -€11,833
- Reserves +€31,007
up €31,007 (+34.7%), from €89,270 to €120,278
- Other debts +€29,837
up €29,837 (+44.0%), from €67,826 to €97,664
- Debts after one year -€20,729
down €20,729 (-4.7%), from €441,066 to €420,337
- Trade debts +€20,310
new in 2025: €20,310
- Tax, wage and social debts +€14,804
new in 2025: €14,804
- Gross operating margin +€44,813
up €44,813 (+121%), from €37,032 to €81,845
- Taxes +€10,733
up €10,733 (+714%), from €1,504 to €12,237
- Financial charges +€5,152
up €5,152 (+39.7%), from €12,978 to €18,130
- Depreciation -€1,796
down €1,796 (-8.6%), from €20,994 to €19,198
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.
Derived cash bridge
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 | €623,756 | €697,470 | +€73,714 | +11.8% |
| Fixed assets | 21/28 | €506,956 | €498,825 | -€8,131 | -1.6% |
| Tangible fixed assets | 22/27 | €504,556 | €496,425 | -€8,131 | -1.6% |
| Land and buildings | 22 | €493,425 | €481,591 | -€11,833 | -2.4% |
| Plant, machinery and equipment | 23 | €10,947 | €14,834 | +€3,887 | +35.5% |
| Furniture and vehicles | 24 | €184 | - | -€184 | |
| Financial fixed assets | 28 | €2,400 | €2,400 | = | 0.0% |
| Current assets | 29/58 | €116,800 | €198,644 | +€81,844 | +70.1% |
| Amounts receivable within one year | 40/41 | €12,868 | - | -€12,868 | |
| Trade receivables | 40 | €7,384 | - | -€7,384 | |
| Other amounts receivable | 41 | €5,484 | - | -€5,484 | |
| Cash at bank and in hand | 54/58 | €103,126 | €191,456 | +€88,330 | +85.7% |
| Deferred charges and accrued income | 490/1 | €806 | €7,188 | +€6,383 | +792% |
| Total equity and liabilities | 10/49 | €623,756 | €697,470 | +€73,714 | +11.8% |
| Equity | 10/15 | €92,270 | €123,278 | +€31,007 | +33.6% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €89,270 | €120,278 | +€31,007 | +34.7% |
| Distributable reserves | 133 | €89,270 | €120,278 | +€31,007 | +34.7% |
| Amounts payable | 17/49 | €531,486 | €574,192 | +€42,706 | +8.0% |
| Amounts payable after more than one year | 17 | €441,066 | €420,337 | -€20,729 | -4.7% |
| Financial debts | 170/4 | €441,066 | €420,337 | -€20,729 | -4.7% |
| Amounts payable within one year | 42/48 | €88,003 | €153,507 | +€65,504 | +74.4% |
| Current portion of amounts payable after more than one year | 42 | €20,177 | €20,729 | +€552 | +2.7% |
| Trade debts | 44 | - | €20,310 | +€20,310 | |
| Suppliers | 440/4 | - | €20,310 | +€20,310 | |
| Taxes, remuneration and social security | 45 | - | €14,804 | +€14,804 | |
| Taxes | 450/3 | - | €14,804 | +€14,804 | |
| Other amounts payable | 47/48 | €67,826 | €97,664 | +€29,837 | +44.0% |
| Accrued charges and deferred income | 492/3 | €2,417 | €348 | -€2,069 | -85.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,994 | €19,198 | -€1,796 | -8.6% |
| Other operating charges | 640/8 | €1,010 | €1,273 | +€263 | +26.1% |
| Gross operating margin | 9900 | €37,032 | €81,845 | +€44,813 | +121% |
| Operating profit (loss) | 9901 | €15,028 | €61,374 | +€46,346 | +308% |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €12,978 | €18,130 | +€5,152 | +39.7% |
| Recurring financial charges | 65 | €12,978 | €18,130 | +€5,152 | +39.7% |
| Profit (loss) for the period before taxes | 9903 | €2,052 | €43,245 | +€41,193 | +2,008% |
| Income taxes | 67/77 | €1,504 | €12,237 | +€10,733 | +714% |
| Profit (loss) for the period | 9904 | €548 | €31,007 | +€30,460 | +5,560% |
| Profit (loss) for the period to be appropriated | 9905 | €548 | €31,007 | +€30,460 | +5,560% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.