FG Digital Security: 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.
FG Digital Security
Largest movements
- Cash +€27,894
up €27,894 (+213%), from €13,071 to €40,964
mainly Net result for the year (+€29,793) and Tax, wage and social debts (+€10,911)
- Tangible fixed assets +€9,591
up €9,591 (+637%), from €1,505 to €11,096
- Receivables within one year +€4,531
up €4,531 (+54.3%), from €8,338 to €12,869
- Profit (loss) carried forward +€29,793
up €29,793 (+310%), from €9,606 to €39,399
- Tax, wage and social debts +€10,911
up €10,911 (+138%), from €7,906 to €18,817
- Trade debts +€1,312
up €1,312 (+2,523%), from €52 to €1,364
- Gross operating margin +€26,195
up €26,195 (+205%), from €12,793 to €38,988
- Taxes +€5,122
up €5,122 (+195%), from €2,621 to €7,743
- Depreciation +€844
up €844 (+183%), from €462 to €1,306
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 | €22,913 | €64,929 | +€42,015 | +183% |
| Fixed assets | 21/28 | €1,505 | €11,096 | +€9,591 | +637% |
| Tangible fixed assets | 22/27 | €1,505 | €11,096 | +€9,591 | +637% |
| Furniture and vehicles | 24 | €1,505 | €11,096 | +€9,591 | +637% |
| Current assets | 29/58 | €21,408 | €53,833 | +€32,425 | +151% |
| Amounts receivable within one year | 40/41 | €8,338 | €12,869 | +€4,531 | +54.3% |
| Trade receivables | 40 | €8,338 | €12,869 | +€4,531 | +54.3% |
| Cash at bank and in hand | 54/58 | €13,071 | €40,964 | +€27,894 | +213% |
| Total equity and liabilities | 10/49 | €22,913 | €64,929 | +€42,015 | +183% |
| Equity | 10/15 | €14,606 | €44,399 | +€29,793 | +204% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €9,606 | €39,399 | +€29,793 | +310% |
| Amounts payable | 17/49 | €8,307 | €20,530 | +€12,223 | +147% |
| Amounts payable within one year | 42/48 | €8,307 | €20,530 | +€12,223 | +147% |
| Trade debts | 44 | €52 | €1,364 | +€1,312 | +2,523% |
| Suppliers | 440/4 | €52 | €1,364 | +€1,312 | +2,523% |
| Taxes, remuneration and social security | 45 | €7,906 | €18,817 | +€10,911 | +138% |
| Taxes | 450/3 | €7,906 | €18,817 | +€10,911 | +138% |
| Other amounts payable | 47/48 | €349 | €349 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €462 | €1,306 | +€844 | +183% |
| Gross operating margin | 9900 | €12,793 | €38,988 | +€26,195 | +205% |
| Operating profit (loss) | 9901 | €12,331 | €37,683 | +€25,351 | +206% |
| Financial income | 75/76B | €1 | €0 | -€1 | -99.0% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -99.0% |
| Financial charges | 65/66B | €105 | €147 | +€42 | +39.6% |
| Recurring financial charges | 65 | €105 | €147 | +€42 | +39.6% |
| Profit (loss) for the period before taxes | 9903 | €12,227 | €37,536 | +€25,309 | +207% |
| Income taxes | 67/77 | €2,621 | €7,743 | +€5,122 | +195% |
| Profit (loss) for the period | 9904 | €9,606 | €29,793 | +€20,186 | +210% |
| Profit (loss) for the period to be appropriated | 9905 | €9,606 | €29,793 | +€20,186 | +210% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.