June20 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.
June20 Digital
Largest movements
- Receivables within one year -€77,890
down €77,890 (-25.6%), from €304,765 to €226,875
- Cash +€26,070
up €26,070 (+51.4%), from €50,745 to €76,814
- Tangible fixed assets -€7,733
down €7,733 (-52.2%), from €14,818 to €7,085
of which Furniture and vehicles: -€7,510
- Profit (loss) carried forward -€131,629
down €131,629 (-750%), from -€17,543 to -€149,172
- Trade debts +€76,085
up €76,085 (+37.0%), from €205,758 to €281,843
- Tax, wage and social debts -€10,780
down €10,780 (-10.3%), from €104,895 to €94,116
of which Taxes: -€6,801
- Current portion of long-term debt +€7,208
up €7,208 (+41.9%), from €17,218 to €24,426
- Gross operating margin -€133,720
down €133,720 (-21.9%), from €610,941 to €477,221
- Staff costs -€30,024
down €30,024 (-4.9%), from €617,503 to €587,480
- Depreciation +€7,479
up €7,479 (+191%), from €3,919 to €11,398
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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €370,328 | €311,212 | -€59,116 | -16.0% |
| Fixed assets | 21/28 | €14,818 | €7,085 | -€7,733 | -52.2% |
| Tangible fixed assets | 22/27 | €14,818 | €7,085 | -€7,733 | -52.2% |
| Plant, machinery and equipment | 23 | €1,115 | €891 | -€223 | -20.0% |
| Furniture and vehicles | 24 | €13,704 | €6,194 | -€7,510 | -54.8% |
| Current assets | 29/58 | €355,510 | €304,127 | -€51,383 | -14.5% |
| Amounts receivable within one year | 40/41 | €304,765 | €226,875 | -€77,890 | -25.6% |
| Trade receivables | 40 | €304,765 | €226,875 | -€77,890 | -25.6% |
| Cash at bank and in hand | 54/58 | €50,745 | €76,814 | +€26,070 | +51.4% |
| Deferred charges and accrued income | 490/1 | - | €438 | +€438 | |
| Total equity and liabilities | 10/49 | €370,328 | €311,212 | -€59,116 | -16.0% |
| Equity | 10/15 | €42,457 | -€89,172 | -€131,629 | |
| Contributions | 10/11 | €60,000 | €60,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€17,543 | -€149,172 | -€131,629 | -750% |
| Amounts payable | 17/49 | €327,871 | €400,384 | +€72,513 | +22.1% |
| Amounts payable within one year | 42/48 | €327,871 | €400,384 | +€72,513 | +22.1% |
| Current portion of amounts payable after more than one year | 42 | €17,218 | €24,426 | +€7,208 | +41.9% |
| Trade debts | 44 | €205,758 | €281,843 | +€76,085 | +37.0% |
| Suppliers | 440/4 | €205,758 | €281,843 | +€76,085 | +37.0% |
| Taxes, remuneration and social security | 45 | €104,895 | €94,116 | -€10,780 | -10.3% |
| Taxes | 450/3 | €27,278 | €20,476 | -€6,801 | -24.9% |
| Remuneration and social security | 454/9 | €77,618 | €73,639 | -€3,979 | -5.1% |
| Remuneration, social security and pensions | 62 | €617,503 | €587,480 | -€30,024 | -4.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,919 | €11,398 | +€7,479 | +191% |
| Other operating charges | 640/8 | €1,535 | €1,818 | +€283 | +18.4% |
| Gross operating margin | 9900 | €610,941 | €477,221 | -€133,720 | -21.9% |
| Operating profit (loss) | 9901 | -€12,016 | -€123,474 | -€111,458 | -928% |
| Financial income | 75/76B | €47 | €787 | +€740 | +1,568% |
| Recurring financial income | 75 | €47 | €787 | +€740 | +1,568% |
| Financial charges | 65/66B | €4,786 | €8,031 | +€3,245 | +67.8% |
| Recurring financial charges | 65 | €4,786 | €8,031 | +€3,245 | +67.8% |
| Profit (loss) for the period before taxes | 9903 | -€16,755 | -€130,718 | -€113,964 | -680% |
| Income taxes | 67/77 | €788 | €911 | +€123 | +15.6% |
| Profit (loss) for the period | 9904 | -€17,543 | -€131,629 | -€114,087 | -650% |
| Profit (loss) for the period to be appropriated | 9905 | -€17,543 | -€131,629 | -€114,087 | -650% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.