North 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.
North Digital
Largest movements
- Receivables within one year -€38,618
down €38,618 (-66.9%), from €57,694 to €19,076
of which Trade receivables: -€32,373
- Intangible fixed assets +€33,194
up €33,194 (+830%), from €4,000 to €37,194
- Cash +€8,890
up €8,890 (+21.4%), from €41,549 to €50,439
mainly Receivables within one year (+€38,618) and Depreciation (+€19,386)
- Tangible fixed assets -€7,692
down €7,692 (-23.9%), from €32,177 to €24,485
of which Furniture and vehicles: -€8,817
- Profit (loss) carried forward -€21,800
down €21,800, from €37 to -€21,763
- Debts after one year +€12,203
up €12,203 (+53.4%), from €22,843 to €35,046
- Trade debts +€2,804
up €2,804 (+15.0%), from €18,632 to €21,436
- Gross operating margin -€46,953
down €46,953 (-76.9%), from €61,027 to €14,074
- Other operating charges -€10,724
down €10,724 (-73.5%), from €14,597 to €3,873
- Taxes -€6,846
down €6,846 (-98.1%), from €6,978 to €132
- Depreciation +€4,710
up €4,710 (+32.1%), from €14,676 to €19,386
- Staff costs -€3,083
down €3,083 (-96.9%), from €3,180 to €97
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
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 | €140,718 | €133,866 | -€6,852 | -4.9% |
| Formation expenses | 20 | €1,955 | €653 | -€1,302 | -66.6% |
| Fixed assets | 21/28 | €36,177 | €61,679 | +€25,502 | +70.5% |
| Intangible fixed assets | 21 | €4,000 | €37,194 | +€33,194 | +830% |
| Tangible fixed assets | 22/27 | €32,177 | €24,485 | -€7,692 | -23.9% |
| Land and buildings | 22 | €3,980 | €5,104 | +€1,124 | +28.2% |
| Furniture and vehicles | 24 | €28,197 | €19,381 | -€8,817 | -31.3% |
| Current assets | 29/58 | €102,585 | €71,533 | -€31,052 | -30.3% |
| Amounts receivable within one year | 40/41 | €57,694 | €19,076 | -€38,618 | -66.9% |
| Trade receivables | 40 | €48,984 | €16,611 | -€32,373 | -66.1% |
| Other amounts receivable | 41 | €8,710 | €2,464 | -€6,246 | -71.7% |
| Cash at bank and in hand | 54/58 | €41,549 | €50,439 | +€8,890 | +21.4% |
| Deferred charges and accrued income | 490/1 | €3,342 | €2,019 | -€1,323 | -39.6% |
| Total equity and liabilities | 10/49 | €140,718 | €133,866 | -€6,852 | -4.9% |
| Equity | 10/15 | €75,809 | €54,009 | -€21,800 | -28.8% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Reserves | 13 | €75,273 | €75,273 | = | 0.0% |
| Distributable reserves | 133 | €75,273 | €75,273 | = | 0.0% |
| Profit (loss) carried forward | 14 | €37 | -€21,763 | -€21,800 | |
| Amounts payable | 17/49 | €64,908 | €79,856 | +€14,948 | +23.0% |
| Amounts payable after more than one year | 17 | €22,843 | €35,046 | +€12,203 | +53.4% |
| Financial debts | 170/4 | €22,843 | €35,046 | +€12,203 | +53.4% |
| Amounts payable within one year | 42/48 | €42,066 | €44,811 | +€2,745 | +6.5% |
| Current portion of amounts payable after more than one year | 42 | €10,273 | €10,451 | +€179 | +1.7% |
| Trade debts | 44 | €18,632 | €21,436 | +€2,804 | +15.0% |
| Suppliers | 440/4 | €18,632 | €21,436 | +€2,804 | +15.0% |
| Taxes, remuneration and social security | 45 | €13,010 | €12,725 | -€285 | -2.2% |
| Taxes | 450/3 | €13,010 | €12,725 | -€285 | -2.2% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €151 | €199 | +€48 | +31.9% |
| Remuneration, social security and pensions | 62 | €3,180 | €97 | -€3,083 | -96.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,676 | €19,386 | +€4,710 | +32.1% |
| Other operating charges | 640/8 | €14,597 | €3,873 | -€10,724 | -73.5% |
| Non-recurring operating charges | 66A | €2,954 | €0 | -€2,954 | -100% |
| Gross operating margin | 9900 | €61,027 | €14,074 | -€46,953 | -76.9% |
| Operating profit (loss) | 9901 | €25,620 | -€9,281 | -€34,902 | |
| Financial income | 75/76B | €0 | €3 | +€3 | |
| Recurring financial income | 75 | €0 | €3 | +€3 | |
| Financial charges | 65/66B | €2,852 | €4,331 | +€1,479 | +51.9% |
| Recurring financial charges | 65 | €2,852 | €4,331 | +€1,479 | +51.9% |
| Profit (loss) for the period before taxes | 9903 | €22,769 | -€13,609 | -€36,378 | |
| Income taxes | 67/77 | €6,978 | €132 | -€6,846 | -98.1% |
| Profit (loss) for the period | 9904 | €15,790 | -€13,741 | -€29,532 | |
| Profit (loss) for the period to be appropriated | 9905 | €15,790 | -€13,741 | -€29,532 |
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 16 October 2026 via checked.be.