HARDY.DIGITAL: 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.
HARDY.DIGITAL
Largest movements
- Receivables within one year -€8,720
down €8,720 (-29.8%), from €29,305 to €20,585
of which Trade receivables: -€8,766
- Cash +€8,250
up €8,250 (+17.9%), from €46,015 to €54,265
mainly Net result for the year (+€61,250) and Receivables within one year (+€8,720)
- Profit (loss) carried forward +€61,250
up €61,250, from €0 to €61,250
- Other debts -€57,841
down €57,841 (-96.3%), from €60,047 to €2,206
- Tax, wage and social debts -€2,652
down €2,652 (-15.4%), from €17,220 to €14,568
- Gross operating margin +€3,049
up €3,049 (+4.0%), from €75,679 to €78,728
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 | €99,134 | €99,403 | +€269 | +0.3% |
| Fixed assets | 21/28 | €3,573 | €4,312 | +€739 | +20.7% |
| Tangible fixed assets | 22/27 | €2,673 | €2,912 | +€239 | +8.9% |
| Furniture and vehicles | 24 | €2,673 | €2,912 | +€239 | +8.9% |
| Financial fixed assets | 28 | €900 | €1,400 | +€500 | +55.6% |
| Current assets | 29/58 | €95,561 | €95,091 | -€470 | -0.5% |
| Amounts receivable within one year | 40/41 | €29,305 | €20,585 | -€8,720 | -29.8% |
| Trade receivables | 40 | €28,916 | €20,150 | -€8,766 | -30.3% |
| Other amounts receivable | 41 | €388 | €434 | +€46 | +11.9% |
| Current investments | 50/53 | €19,792 | €19,792 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €46,015 | €54,265 | +€8,250 | +17.9% |
| Deferred charges and accrued income | 490/1 | €450 | €450 | +€0 | +0.1% |
| Total equity and liabilities | 10/49 | €99,134 | €99,403 | +€269 | +0.3% |
| Equity | 10/15 | €20,460 | €81,710 | +€61,250 | +299.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €61,250 | +€61,250 | |
| Amounts payable | 17/49 | €78,674 | €17,693 | -€60,980 | -77.5% |
| Amounts payable within one year | 42/48 | €78,674 | €17,693 | -€60,980 | -77.5% |
| Trade debts | 44 | €1,407 | €919 | -€488 | -34.7% |
| Suppliers | 440/4 | €1,407 | €919 | -€488 | -34.7% |
| Taxes, remuneration and social security | 45 | €17,220 | €14,568 | -€2,652 | -15.4% |
| Taxes | 450/3 | €17,220 | €14,568 | -€2,652 | -15.4% |
| Other amounts payable | 47/48 | €60,047 | €2,206 | -€57,841 | -96.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,194 | €1,206 | +€12 | +1.0% |
| Other operating charges | 640/8 | €370 | €400 | +€30 | +8.1% |
| Gross operating margin | 9900 | €75,679 | €78,728 | +€3,049 | +4.0% |
| Operating profit (loss) | 9901 | €74,114 | €77,122 | +€3,007 | +4.1% |
| Financial income | 75/76B | €0 | €6 | +€6 | +12660.0% |
| Recurring financial income | 75 | €0 | €6 | +€6 | +12660.0% |
| Financial charges | 65/66B | €103 | €237 | +€134 | +129.5% |
| Recurring financial charges | 65 | €103 | €237 | +€134 | +129.5% |
| Profit (loss) for the period before taxes | 9903 | €74,011 | €76,891 | +€2,880 | +3.9% |
| Income taxes | 67/77 | €15,653 | €15,641 | -€12 | -0.1% |
| Profit (loss) for the period | 9904 | €58,358 | €61,250 | +€2,892 | +5.0% |
| Profit (loss) for the period to be appropriated | 9905 | €58,358 | €61,250 | +€2,892 | +5.0% |
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 11 October 2026 via checked.be.