DIGISHIFT (0787.927.634): financials and annual accounts

DIGISHIFT

Ghent ·KBO/BCE: BE 0787.927.634

Line	2025	2024	2023	2022
Balance sheet: assets
Total assets`20/58`	860,136	318,146	124,509	74,260
Formation expenses`20`	39,130	-	-	-
Fixed assets`21/28`	171,726	84,254	63,012	45,947
Intangible fixed assets`21`	162,551	47,902	18,030	-
Tangible fixed assets`22/27`	9,175	34,852	44,983	45,947
Plant, machinery and equipment`23`	4,330	5,855	7,380	-
Furniture and vehicles`24`	4,845	1,825	-	-
Leasing and similar rights`25`	0	27,173	37,603	45,947
Financial fixed assets`28`	0	1,500	-	-
Current assets`29/58`	649,281	233,891	61,497	28,314
Amounts receivable within one year`40/41`	31,241	12,616	3,812	1,271
Trade receivables`40`	12,237	7,811	3,812	1,271
Other amounts receivable`41`	19,004	4,805	-	-
Cash at bank and in hand`54/58`	613,380	215,823	57,685	26,282
Deferred charges and accrued income`490/1`	4,660	5,452	0	762
Balance sheet: equity and liabilities
Total equity and liabilities`10/49`	860,136	318,146	124,509	74,260
Equity`10/15`	439,274	-124,870	2,629	2,302
Contributions`10/11`	753,576	3,600	3,600	3,600
Profit (loss) carried forward`14`	-314,301	-128,470	-971	-1,298
Amounts payable`17/49`	420,862	443,016	121,880	71,959
Amounts payable after more than one year`17`	307,672	370,061	96,260	47,030
Financial debts`170/4`	307,672	370,061	96,260	47,030
Amounts payable within one year`42/48`	108,788	70,795	25,620	24,928
Current portion of amounts payable after more than one year`42`	54,054	26,199	12,857	12,578
Financial debts`43`	689	1,459	765	-
Credit institutions`430/8`	689	1,459	765	-
Trade debts`44`	48,128	23,547	2,773	3,184
Suppliers`440/4`	48,128	23,547	2,773	3,184
Taxes, remuneration and social security`45`	132	13,426	4,432	7,667
Taxes`450/3`	132	138	1,882	5,117
Remuneration and social security`454/9`	0	13,289	2,550	2,550
Other amounts payable`47/48`	5,784	6,164	4,792	1,500
Accrued charges and deferred income`492/3`	4,402	2,160	-	-
Income statement
Non-recurring operating income`76A`	1,262	-	-	-
Gross operating margin`9900`	-101,875	-67,871	13,632	3,830
Remuneration, social security and pensions`62`	39,152	36,569	0	3
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets`630`	31,211	16,456	10,676	4,117
Other operating charges`640/8`	613	41	127	57
Operating profit (loss)`9901`	-172,850	-120,937	2,829	-347
Financial income`75/76B`	377	13	11	-
Recurring financial income`75`	377	13	11	-
Financial charges`65/66B`	13,226	6,490	1,711	934
Recurring financial charges`65`	13,226	6,490	1,711	934
Profit (loss) for the period before taxes`9903`	-185,699	-127,414	1,129	-1,281
Income taxes`67/77`	132	86	802	17
Profit (loss) for the period`9904`	-185,831	-127,500	328	-1,298
Profit (loss) for the period to be appropriated`9905`	-185,831	-127,500	328	-1,298
Appropriation of the result
Profit (loss) to be appropriated`9906`	-314,301	-128,470	-971	-1,298
Profit (loss) brought forward from the previous period`14P`	-128,470	-971	-1,298	-
Social balance sheet
Average staff (FTE)`9087`	0.9	0.8	-	-
Hours worked`1013`	1,505	1,357	-	-
Document	PDF	PDF	PDF	PDF

Financial year	Type	Filed	Reference	Document
31-12-2025	micro format	25-08-2026	2026-00422452	PDF
31-12-2024	micro format	02-07-2025	2025-00243421	PDF
31-12-2023	micro format	30-07-2024	2024-00300675	PDF
31-12-2022	micro format	10-07-2023	2023-00228166	PDF

Line	2025	2024	2023	2022
EBITDA	-141,640	-104,481	13,505	3,770
Cash flow	-154,620	-111,044	11,003	2,819
Investment in fixed assets	135,112	37,698	27,741	50,064
Change in cash	397,557	158,138	31,404	-
Working capital	540,493	163,096	35,877	3,385
Solvency	51.1%	-39.2%	2.1%	3.1%
Current ratio	5.97	3.30	2.40	1.14
Debt to equity	0.96	-	46.35	31.26
ROE	-42.3%	-	12.5%	-56.4%
ROA	-21.6%	-40.1%	0.3%	-1.7%
Interest coverage	-10.71	-16.10	7.89	4.04

Item	31-12-2025	31-12-2024
Employees at the balance-sheet date	0	1
full-time	0	1
part-time	0	0
in full-time equivalents	0	1
Average over the year, in full-time equivalents	0.9	0.8
On a permanent contract	0	1
Joined	0	1
Left	1	0
Training hours	-	0

Item	2025	2024	2023	2022
Tangible fixed assets	€4,445	€2,455	€9,712	€50,064
Intangible fixed assets	€130,667	€33,743	€18,030	-
Financial fixed assets	€0	€1,500	-	-
Depreciation and write-downs of the year	€31,211	€16,456	€10,676	€4,117

DIGISHIFT

Annual accounts 2025

Balance sheet

Change in equityin euro

Change in cashin euro

Position in the sector

Solvency51.1%

Current ratio5.97

Return on assets-21.6%

Staff

Staff cost per FTE€43,502

Joined and left-1

Filed annual accounts

Filings

Subsidies and aid

Flemish government 2025, 1 entry, €1,915 awarded, €1,915 paid

Key figures and ratios

Social balance sheet

Investments

Insights on DIGISHIFT

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