Modern 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.
Modern Digital
Largest movements
- Receivables after one year +€28,000
up €28,000 (+430.8%), from €6,500 to €34,500
- Cash +€22,417
up €22,417 (+49.7%), from €45,078 to €67,495
mainly Net result for the year (+€47,998) and Depreciation (+€12,583)
- Current investments +€12,112
up €12,112 (+110.1%), from €11,000 to €23,112
- Tangible fixed assets -€4,810
down €4,810 (-24.0%), from €20,062 to €15,252
of which Furniture and vehicles: -€6,048
- Receivables within one year -€3,596
down €3,596 (-7.2%), from €50,144 to €46,548
of which Other amounts receivable: -€4,600
- Reserves +€47,998
up €47,998 (+56.2%), from €85,347 to €133,346
of which Distributable reserves: +€47,998
- Debts after one year -€12,680
no longer reported in 2025 (was €12,680)
- Tax, wage and social debts +€11,302
up €11,302 (+88.1%), from €12,832 to €24,134
of which Taxes: +€6,837
- Trade debts +€8,423
up €8,423 (+74.0%), from €11,390 to €19,813
- Gross operating margin +€20,500
up €20,500 (+29.5%), from €69,584 to €90,084
- Taxes +€5,654
up €5,654 (+40.7%), from €13,900 to €19,554
- Staff costs +€1,908
up €1,908 (+26.0%), from €7,334 to €9,242
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 | €141,390 | €196,128 | +€54,738 | +38.7% |
| Fixed assets | 21/28 | €26,882 | €22,072 | -€4,810 | -17.9% |
| Tangible fixed assets | 22/27 | €20,062 | €15,252 | -€4,810 | -24.0% |
| Plant, machinery and equipment | 23 | €4,905 | €6,143 | +€1,238 | +25.3% |
| Furniture and vehicles | 24 | €15,157 | €9,109 | -€6,048 | -39.9% |
| Financial fixed assets | 28 | €6,820 | €6,820 | = | 0.0% |
| Current assets | 29/58 | €114,508 | €174,056 | +€59,548 | +52.0% |
| Amounts receivable after more than one year | 29 | €6,500 | €34,500 | +€28,000 | +430.8% |
| Other amounts receivable | 291 | €6,500 | €34,500 | +€28,000 | +430.8% |
| Amounts receivable within one year | 40/41 | €50,144 | €46,548 | -€3,596 | -7.2% |
| Trade receivables | 40 | €45,489 | €46,494 | +€1,004 | +2.2% |
| Other amounts receivable | 41 | €4,654 | €55 | -€4,600 | -98.8% |
| Current investments | 50/53 | €11,000 | €23,112 | +€12,112 | +110.1% |
| Cash at bank and in hand | 54/58 | €45,078 | €67,495 | +€22,417 | +49.7% |
| Deferred charges and accrued income | 490/1 | €1,786 | €2,401 | +€615 | +34.4% |
| Total equity and liabilities | 10/49 | €141,390 | €196,128 | +€54,738 | +38.7% |
| Equity | 10/15 | €91,547 | €139,546 | +€47,998 | +52.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €85,347 | €133,346 | +€47,998 | +56.2% |
| Tax-exempt reserves | 132 | €6,900 | €6,900 | = | 0.0% |
| Distributable reserves | 133 | €78,447 | €126,446 | +€47,998 | +61.2% |
| Amounts payable | 17/49 | €49,842 | €56,582 | +€6,740 | +13.5% |
| Amounts payable after more than one year | 17 | €12,680 | - | -€12,680 | |
| Financial debts | 170/4 | €12,680 | - | -€12,680 | |
| Amounts payable within one year | 42/48 | €37,162 | €56,582 | +€19,420 | +52.3% |
| Current portion of amounts payable after more than one year | 42 | €12,843 | €12,593 | -€251 | -2.0% |
| Trade debts | 44 | €11,390 | €19,813 | +€8,423 | +74.0% |
| Suppliers | 440/4 | €11,390 | €19,813 | +€8,423 | +74.0% |
| Taxes, remuneration and social security | 45 | €12,832 | €24,134 | +€11,302 | +88.1% |
| Taxes | 450/3 | €12,630 | €19,466 | +€6,837 | +54.1% |
| Remuneration and social security | 454/9 | €202 | €4,667 | +€4,465 | +2211.9% |
| Other amounts payable | 47/48 | €97 | €43 | -€54 | -56.0% |
| Remuneration, social security and pensions | 62 | €7,334 | €9,242 | +€1,908 | +26.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,514 | €12,583 | +€69 | +0.6% |
| Other operating charges | 640/8 | €418 | €295 | -€123 | -29.5% |
| Gross operating margin | 9900 | €69,584 | €90,084 | +€20,500 | +29.5% |
| Operating profit (loss) | 9901 | €49,318 | €67,965 | +€18,647 | +37.8% |
| Financial income | 75/76B | €157 | €811 | +€654 | +416.8% |
| Recurring financial income | 75 | €157 | €811 | +€654 | +416.8% |
| Financial charges | 65/66B | €691 | €1,223 | +€533 | +77.1% |
| Recurring financial charges | 65 | €691 | €1,223 | +€533 | +77.1% |
| Profit (loss) for the period before taxes | 9903 | €48,784 | €67,552 | +€18,768 | +38.5% |
| Income taxes | 67/77 | €13,900 | €19,554 | +€5,654 | +40.7% |
| Profit (loss) for the period | 9904 | €34,884 | €47,998 | +€13,115 | +37.6% |
| Profit (loss) for the period to be appropriated | 9905 | €34,884 | €47,998 | +€13,115 | +37.6% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.