LINKDIGITAL: what changed
Two fiscal 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.
LINKDIGITAL
Largest movements
- Cash +€42,855
up €42,855 (+37.7%), from €113,565 to €156,420
mainly Net result for the year (+€66,852) and Depreciation (+€10,425)
- Tangible fixed assets -€8,277
down €8,277 (-23.2%), from €35,606 to €27,329
of which Furniture and vehicles: -€10,259
- Profit (loss) carried forward +€66,852
up €66,852 (+58.1%), from €115,112 to €181,965
- Other debts -€18,715
down €18,715 (-89.9%), from €20,824 to €2,109
- Debts after one year -€9,167
down €9,167 (-38.8%), from €23,622 to €14,455
- Tax, wage and social debts -€2,779
down €2,779 (-22.3%), from €12,475 to €9,697
- Gross operating margin -€70,138
down €70,138 (-42.3%), from €165,970 to €95,832
- Taxes -€15,440
down €15,440 (-47.4%), from €32,594 to €17,154
- Depreciation -€5,265
down €5,265 (-33.6%), from €15,691 to €10,425
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 | €182,652 | €218,427 | +€35,776 | +19.6% |
| Fixed assets | 21/28 | €35,606 | €27,329 | -€8,277 | -23.2% |
| Tangible fixed assets | 22/27 | €35,606 | €27,329 | -€8,277 | -23.2% |
| Plant, machinery and equipment | 23 | - | €1,982 | +€1,982 | |
| Furniture and vehicles | 24 | €35,606 | €25,347 | -€10,259 | -28.8% |
| Current assets | 29/58 | €147,045 | €191,099 | +€44,053 | +30.0% |
| Amounts receivable within one year | 40/41 | €32,587 | €33,778 | +€1,191 | +3.7% |
| Trade receivables | 40 | €32,573 | €32,882 | +€309 | +0.9% |
| Other amounts receivable | 41 | €14 | €895 | +€882 | +6459.5% |
| Cash at bank and in hand | 54/58 | €113,565 | €156,420 | +€42,855 | +37.7% |
| Deferred charges and accrued income | 490/1 | €894 | €901 | +€7 | +0.8% |
| Total equity and liabilities | 10/49 | €182,652 | €218,427 | +€35,776 | +19.6% |
| Equity | 10/15 | €116,112 | €182,965 | +€66,852 | +57.6% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €115,112 | €181,965 | +€66,852 | +58.1% |
| Amounts payable | 17/49 | €66,539 | €35,463 | -€31,077 | -46.7% |
| Amounts payable after more than one year | 17 | €23,622 | €14,455 | -€9,167 | -38.8% |
| Financial debts | 170/4 | €23,622 | €14,455 | -€9,167 | -38.8% |
| Amounts payable within one year | 42/48 | €42,917 | €21,007 | -€21,910 | -51.1% |
| Current portion of amounts payable after more than one year | 42 | €8,808 | €9,167 | +€359 | +4.1% |
| Trade debts | 44 | €809 | €35 | -€775 | -95.7% |
| Suppliers | 440/4 | €809 | €35 | -€775 | -95.7% |
| Taxes, remuneration and social security | 45 | €12,475 | €9,697 | -€2,779 | -22.3% |
| Taxes | 450/3 | €12,475 | €9,697 | -€2,779 | -22.3% |
| Other amounts payable | 47/48 | €20,824 | €2,109 | -€18,715 | -89.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,691 | €10,425 | -€5,265 | -33.6% |
| Other operating charges | 640/8 | - | €191 | +€191 | |
| Gross operating margin | 9900 | €165,970 | €95,832 | -€70,138 | -42.3% |
| Operating profit (loss) | 9901 | €150,279 | €85,215 | -€65,064 | -43.3% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100.0% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100.0% |
| Financial charges | 65/66B | €2,573 | €1,209 | -€1,364 | -53.0% |
| Recurring financial charges | 65 | €2,573 | €1,209 | -€1,364 | -53.0% |
| Profit (loss) for the period before taxes | 9903 | €147,707 | €84,006 | -€63,700 | -43.1% |
| Income taxes | 67/77 | €32,594 | €17,154 | -€15,440 | -47.4% |
| Profit (loss) for the period | 9904 | €115,112 | €66,852 | -€48,260 | -41.9% |
| Profit (loss) for the period to be appropriated | 9905 | €115,112 | €66,852 | -€48,260 | -41.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.