SN 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.
SN DIGITAL
Largest movements
- Cash -€94,779
down €94,779 (-16.2%), from €585,913 to €491,134
mainly Tax, wage and social debts (-€123,908) and Contributions, distributions and other (-€121,730)
- Current investments +€24,120
up €24,120 (+134.0%), from €18,000 to €42,120
- Deferred charges and accrued income +€19,697
up €19,697 (+291.0%), from €6,770 to €26,467
- Tax, wage and social debts -€123,908
down €123,908 (-72.1%), from €171,963 to €48,054
- Other debts +€106,851
up €106,851 (+325.3%), from €32,844 to €139,695
- Reserves -€23,852
down €23,852 (-4.3%), from €555,032 to €531,180
- Trade debts -€18,061
down €18,061 (-68.3%), from €26,445 to €8,384
- Gross operating margin -€163,005
down €163,005 (-38.9%), from €419,097 to €256,091
- Taxes -€54,079
down €54,079 (-55.6%), from €97,189 to €43,110
- Financial charges +€36,902
up €36,902 (+53.9%), from €68,421 to €105,323
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 | €833,204 | €774,496 | -€58,708 | -7.0% |
| Fixed assets | 21/28 | €27,534 | €26,023 | -€1,510 | -5.5% |
| Tangible fixed assets | 22/27 | €27,461 | €24,950 | -€2,510 | -9.1% |
| Furniture and vehicles | 24 | €14,077 | €10,361 | -€3,715 | -26.4% |
| Other tangible fixed assets | 26 | €13,384 | €14,589 | +€1,205 | +9.0% |
| Financial fixed assets | 28 | €73 | €1,073 | +€1,000 | +1371.2% |
| Current assets | 29/58 | €805,671 | €748,473 | -€57,198 | -7.1% |
| Amounts receivable within one year | 40/41 | €194,988 | €188,752 | -€6,237 | -3.2% |
| Trade receivables | 40 | €191,665 | €184,889 | -€6,776 | -3.5% |
| Other amounts receivable | 41 | €3,323 | €3,863 | +€540 | +16.2% |
| Current investments | 50/53 | €18,000 | €42,120 | +€24,120 | +134.0% |
| Cash at bank and in hand | 54/58 | €585,913 | €491,134 | -€94,779 | -16.2% |
| Deferred charges and accrued income | 490/1 | €6,770 | €26,467 | +€19,697 | +291.0% |
| Total equity and liabilities | 10/49 | €833,204 | €774,496 | -€58,708 | -7.0% |
| Equity | 10/15 | €573,632 | €549,780 | -€23,852 | -4.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €555,032 | €531,180 | -€23,852 | -4.3% |
| Distributable reserves | 133 | €555,032 | €531,180 | -€23,852 | -4.3% |
| Amounts payable | 17/49 | €259,573 | €224,716 | -€34,857 | -13.4% |
| Amounts payable within one year | 42/48 | €259,554 | €224,716 | -€34,838 | -13.4% |
| Financial debts | 43 | €28,302 | €28,583 | +€280 | +1.0% |
| Credit institutions | 430/8 | €28,302 | €28,583 | +€280 | +1.0% |
| Trade debts | 44 | €26,445 | €8,384 | -€18,061 | -68.3% |
| Suppliers | 440/4 | €26,445 | €8,384 | -€18,061 | -68.3% |
| Taxes, remuneration and social security | 45 | €171,963 | €48,054 | -€123,908 | -72.1% |
| Taxes | 450/3 | €171,963 | €48,054 | -€123,908 | -72.1% |
| Other amounts payable | 47/48 | €32,844 | €139,695 | +€106,851 | +325.3% |
| Accrued charges and deferred income | 492/3 | €19 | - | -€19 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,259 | €8,040 | -€219 | -2.7% |
| Other operating charges | 640/8 | €1,768 | €1,988 | +€220 | +12.4% |
| Gross operating margin | 9900 | €419,097 | €256,091 | -€163,005 | -38.9% |
| Operating profit (loss) | 9901 | €409,069 | €246,063 | -€163,006 | -39.8% |
| Financial income | 75/76B | - | €248 | +€248 | |
| Recurring financial income | 75 | - | €248 | +€248 | |
| Financial charges | 65/66B | €68,421 | €105,323 | +€36,902 | +53.9% |
| Recurring financial charges | 65 | €68,421 | €105,323 | +€36,902 | +53.9% |
| Profit (loss) for the period before taxes | 9903 | €340,648 | €140,988 | -€199,660 | -58.6% |
| Income taxes | 67/77 | €97,189 | €43,110 | -€54,079 | -55.6% |
| Profit (loss) for the period | 9904 | €243,459 | €97,878 | -€145,581 | -59.8% |
| Profit (loss) for the period to be appropriated | 9905 | €243,459 | €97,878 | -€145,581 | -59.8% |
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.