The Digital Studio: 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.
The Digital Studio
Largest movements
- Cash +€20,139
up €20,139 (+44.7%), from €45,073 to €65,212
mainly Net result for the year (+€60,105) and Other debts (+€41,789)
- Tangible fixed assets +€1,850
up €1,850 (+25.6%), from €7,213 to €9,063
of which Plant, machinery and equipment: +€2,686
- Receivables within one year +€1,544
up €1,544 (+14.8%), from €10,440 to €11,985
of which Other amounts receivable: +€3,061
- Other debts +€41,789
up €41,789 (+941.8%), from €4,437 to €46,226
- Reserves -€28,806
down €28,806 (-74.0%), from €38,911 to €10,105
- Tax, wage and social debts +€10,741
up €10,741 (+171.8%), from €6,253 to €16,995
- Gross operating margin +€25,090
up €25,090 (+47.0%), from €53,432 to €78,522
- Taxes +€5,417
up €5,417 (+52.7%), from €10,287 to €15,704
- Other operating charges -€2,625
down €2,625 (-85.5%), from €3,069 to €444
- Depreciation +€1,184
up €1,184 (+113.2%), from €1,046 to €2,229
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 | €63,119 | €87,123 | +€24,004 | +38.0% |
| Fixed assets | 21/28 | €7,363 | €9,213 | +€1,850 | +25.1% |
| Tangible fixed assets | 22/27 | €7,213 | €9,063 | +€1,850 | +25.6% |
| Plant, machinery and equipment | 23 | €1,196 | €3,882 | +€2,686 | +224.5% |
| Furniture and vehicles | 24 | €6,017 | €5,181 | -€836 | -13.9% |
| Financial fixed assets | 28 | €150 | €150 | = | 0.0% |
| Current assets | 29/58 | €55,756 | €77,910 | +€22,154 | +39.7% |
| Amounts receivable within one year | 40/41 | €10,440 | €11,985 | +€1,544 | +14.8% |
| Trade receivables | 40 | €10,206 | €8,689 | -€1,517 | -14.9% |
| Other amounts receivable | 41 | €235 | €3,296 | +€3,061 | +1304.2% |
| Cash at bank and in hand | 54/58 | €45,073 | €65,212 | +€20,139 | +44.7% |
| Deferred charges and accrued income | 490/1 | €243 | €714 | +€471 | +193.6% |
| Total equity and liabilities | 10/49 | €63,119 | €87,123 | +€24,004 | +38.0% |
| Equity | 10/15 | €43,911 | €15,105 | -€28,806 | -65.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €38,911 | €10,105 | -€28,806 | -74.0% |
| Distributable reserves | 133 | €38,911 | €10,105 | -€28,806 | -74.0% |
| Amounts payable | 17/49 | €19,208 | €72,018 | +€52,810 | +274.9% |
| Amounts payable within one year | 42/48 | €19,208 | €72,018 | +€52,810 | +274.9% |
| Trade debts | 44 | €8,517 | €8,797 | +€280 | +3.3% |
| Suppliers | 440/4 | €8,517 | €8,797 | +€280 | +3.3% |
| Taxes, remuneration and social security | 45 | €6,253 | €16,995 | +€10,741 | +171.8% |
| Taxes | 450/3 | €6,253 | €16,995 | +€10,741 | +171.8% |
| Other amounts payable | 47/48 | €4,437 | €46,226 | +€41,789 | +941.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,046 | €2,229 | +€1,184 | +113.2% |
| Other operating charges | 640/8 | €3,069 | €444 | -€2,625 | -85.5% |
| Gross operating margin | 9900 | €53,432 | €78,522 | +€25,090 | +47.0% |
| Operating profit (loss) | 9901 | €49,318 | €75,849 | +€26,531 | +53.8% |
| Financial charges | 65/66B | €119 | €40 | -€79 | -66.2% |
| Recurring financial charges | 65 | €119 | €40 | -€79 | -66.2% |
| Profit (loss) for the period before taxes | 9903 | €49,198 | €75,809 | +€26,610 | +54.1% |
| Income taxes | 67/77 | €10,287 | €15,704 | +€5,417 | +52.7% |
| Profit (loss) for the period | 9904 | €38,911 | €60,105 | +€21,194 | +54.5% |
| Profit (loss) for the period to be appropriated | 9905 | €38,911 | €60,105 | +€21,194 | +54.5% |
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 9 October 2026 via checked.be.