Lets Talk 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.
Lets Talk Digital
Largest movements
- Cash -€20,617
down €20,617 (-40.7%), from €50,674 to €30,057
mainly Current portion of long-term debt (-€151,190) and Contributions, distributions and other (-€30,000)
- Current investments -€20,271
down €20,271 (-100.0%), from €20,271 to €0
- Receivables within one year +€8,604
up €8,604 (+104.0%), from €8,277 to €16,881
of which Trade receivables: +€13,310
- Tangible fixed assets -€4,683
down €4,683 (-2.3%), from €201,469 to €196,785
of which Land and buildings: -€10,876
- Deferred charges and accrued income -€3,711
down €3,711 (-62.2%), from €5,964 to €2,253
- Current portion of long-term debt -€151,190
down €151,190 (-100.0%), from €151,190 to €0
- Debts after one year +€138,750
up €138,750, from €0 to €138,750
of which Other amounts payable: +€138,750
- Reserves -€21,986
down €21,986 (-23.2%), from €94,858 to €72,873
- Trade debts -€6,622
down €6,622 (-85.5%), from €7,742 to €1,120
- Accrued charges and deferred income +€6,246
new in 2025: €6,246
- Gross operating margin -€49,626
down €49,626 (-57.0%), from €87,115 to €37,489
- Taxes -€9,531
down €9,531 (-70.4%), from €13,536 to €4,005
- Financial charges +€4,646
up €4,646 (+39.4%), from €11,778 to €16,425
- Financial income +€4,078
up €4,078 (+1646.1%), from €248 to €4,326
- Depreciation +€1,267
up €1,267 (+11.0%), from €11,481 to €12,748
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 | €286,655 | €245,977 | -€40,678 | -14.2% |
| Fixed assets | 21/28 | €201,469 | €196,785 | -€4,683 | -2.3% |
| Tangible fixed assets | 22/27 | €201,469 | €196,785 | -€4,683 | -2.3% |
| Land and buildings | 22 | €199,065 | €188,189 | -€10,876 | -5.5% |
| Furniture and vehicles | 24 | €2,404 | €8,596 | +€6,192 | +257.6% |
| Current assets | 29/58 | €85,186 | €49,191 | -€35,995 | -42.3% |
| Amounts receivable within one year | 40/41 | €8,277 | €16,881 | +€8,604 | +104.0% |
| Trade receivables | 40 | €0 | €13,310 | +€13,310 | |
| Other amounts receivable | 41 | €8,277 | €3,571 | -€4,706 | -56.9% |
| Current investments | 50/53 | €20,271 | €0 | -€20,271 | -100.0% |
| Cash at bank and in hand | 54/58 | €50,674 | €30,057 | -€20,617 | -40.7% |
| Deferred charges and accrued income | 490/1 | €5,964 | €2,253 | -€3,711 | -62.2% |
| Total equity and liabilities | 10/49 | €286,655 | €245,977 | -€40,678 | -14.2% |
| Equity | 10/15 | €97,358 | €75,373 | -€21,986 | -22.6% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €94,858 | €72,873 | -€21,986 | -23.2% |
| Distributable reserves | 133 | €94,858 | €72,873 | -€21,986 | -23.2% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €189,297 | €170,604 | -€18,693 | -9.9% |
| Amounts payable after more than one year | 17 | €0 | €138,750 | +€138,750 | |
| Financial debts | 170/4 | €0 | - | = | |
| Other amounts payable | 178/9 | - | €138,750 | +€138,750 | |
| Amounts payable within one year | 42/48 | €189,297 | €25,608 | -€163,689 | -86.5% |
| Current portion of amounts payable after more than one year | 42 | €151,190 | €0 | -€151,190 | -100.0% |
| Trade debts | 44 | €7,742 | €1,120 | -€6,622 | -85.5% |
| Suppliers | 440/4 | €7,742 | €1,120 | -€6,622 | -85.5% |
| Taxes, remuneration and social security | 45 | €28,100 | €24,488 | -€3,612 | -12.9% |
| Taxes | 450/3 | €28,100 | €24,488 | -€3,612 | -12.9% |
| Other amounts payable | 47/48 | €2,264 | €0 | -€2,264 | -100.0% |
| Accrued charges and deferred income | 492/3 | - | €6,246 | +€6,246 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,481 | €12,748 | +€1,267 | +11.0% |
| Other operating charges | 640/8 | €902 | €622 | -€279 | -31.0% |
| Gross operating margin | 9900 | €87,115 | €37,489 | -€49,626 | -57.0% |
| Operating profit (loss) | 9901 | €74,732 | €24,118 | -€50,613 | -67.7% |
| Financial income | 75/76B | €248 | €4,326 | +€4,078 | +1646.1% |
| Recurring financial income | 75 | €248 | €4,326 | +€4,078 | +1646.1% |
| Financial charges | 65/66B | €11,778 | €16,425 | +€4,646 | +39.4% |
| Recurring financial charges | 65 | €11,778 | €16,425 | +€4,646 | +39.4% |
| Profit (loss) for the period before taxes | 9903 | €63,201 | €12,019 | -€51,182 | -81.0% |
| Income taxes | 67/77 | €13,536 | €4,005 | -€9,531 | -70.4% |
| Profit (loss) for the period | 9904 | €49,665 | €8,014 | -€41,651 | -83.9% |
| Profit (loss) for the period to be appropriated | 9905 | €49,665 | €8,014 | -€41,651 | -83.9% |
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.