BelgiumDC: 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.
What changed
BelgiumDC
NACE 63.100, Computing infrastructure, data processing, hosting and related activities
financial year 2023 compared with 2022filed annual accounts (NBB)
Net result for the year
€44,983
2022 · €43,001+€1,982
Equity
€2.9m
2022 · €2.9m+€44,983
Cash
€584,085
2022 · €1.3m-€734,230
Balance sheet total
€6.8m
2022 · €6.9m-€80,189
Largest movements
Assets
- Cash -€734,230
down €734,230 (-55.7%), from €1.3m to €584,085
mainly Investment in fixed assets (net) (-€1.0m) and Debts after one year (-€369,216)
- Tangible fixed assets +€710,485
up €710,485 (+13.5%), from €5.2m to €6.0m
of which Land and buildings: +€680,680
- Receivables within one year -€80,222
down €80,222 (-29.1%), from €275,389 to €195,167
of which Trade receivables: -€84,467
Equity and liabilities
- Debts after one year -€369,216
down €369,216 (-11.4%), from €3.2m to €2.9m
- Trade debts +€168,253
up €168,253 (+44.2%), from €380,519 to €548,772
Income statement
- Services and other goods +€123,515
up €123,515 (+7.8%), from €1.6m to €1.7m
- Turnover +€109,346
up €109,346 (+5.5%), from €2.0m to €2.1m
From the 2022 result to the 2023 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.
Result 2022
€43,001
Turnover
+€109,346
Other operating income
+€15,887
Services and other goods
-€123,515
Depreciation
-€2,386
Other operating charges
-€2,094
Financial charges
+€5,404
Taxes
-€660
Result 2023
€44,983
raises the resultlowers the result
Derived cash bridge
Derived from the 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
+€650,446
Investment
-€1.0m
Financing
-€337,202
Cash 2022
€1.3m
From operations (derived)
+€650,446
Net result for the year
+€44,983
Depreciation
+€341,239
Receivables within one year
+€80,222
Deferred charges and accrued income
-€28,028
Trade debts
+€168,253
Accrued charges and deferred income
+€43,777
Investment (derived)
-€1.0m
Investment in fixed assets (net)
-€1.0m
Financing
-€337,202
Debts after one year
-€369,216
Current portion of long-term debt
+€32,014
Cash 2023
€584,085
brings cash intakes cash out
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €6,887,657 | €6,807,468 | -€80,189 | -1.2% |
| Fixed assets | 21/28 | €5,258,475 | €5,964,710 | +€706,235 | +13.4% |
| Tangible fixed assets | 22/27 | €5,245,300 | €5,955,785 | +€710,485 | +13.5% |
| Land and buildings | 22 | €5,103,329 | €5,784,009 | +€680,680 | +13.3% |
| Plant, machinery and equipment | 23 | €113,781 | €123,949 | +€10,168 | +8.9% |
| Furniture and vehicles | 24 | €8,243 | €6,750 | -€1,493 | -18.1% |
| Other tangible fixed assets | 26 | €11,648 | €277 | -€11,371 | -97.6% |
| Assets under construction and advance payments | 27 | €8,299 | €40,800 | +€32,501 | +392% |
| Financial fixed assets | 28 | €13,175 | €8,925 | -€4,250 | -32.3% |
| Other financial fixed assets | 284/8 | €13,175 | €8,925 | -€4,250 | -32.3% |
| Amounts receivable and cash guarantees | 285/8 | €13,175 | €8,925 | -€4,250 | -32.3% |
| Current assets | 29/58 | €1,629,182 | €842,758 | -€786,424 | -48.3% |
| Stocks and contracts in progress | 3 | €30,648 | €30,648 | = | 0.0% |
| Stocks | 30/36 | €30,648 | €30,648 | = | 0.0% |
| Raw materials and consumables | 30/31 | €30,648 | €30,648 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €275,389 | €195,167 | -€80,222 | -29.1% |
| Trade receivables | 40 | €197,525 | €113,058 | -€84,467 | -42.8% |
| Other amounts receivable | 41 | €77,864 | €82,109 | +€4,245 | +5.5% |
| Cash at bank and in hand | 54/58 | €1,318,315 | €584,085 | -€734,230 | -55.7% |
| Deferred charges and accrued income | 490/1 | €4,830 | €32,858 | +€28,028 | +580% |
| Total equity and liabilities | 10/49 | €6,887,657 | €6,807,468 | -€80,189 | -1.2% |
| Equity | 10/15 | €2,868,268 | €2,913,251 | +€44,983 | +1.6% |
| Contributions | 10/11 | €2,535,000 | €2,535,000 | = | 0.0% |
| Capital | 10 | €2,535,000 | €2,535,000 | = | 0.0% |
| Issued capital | 100 | €2,535,000 | €2,535,000 | = | 0.0% |
| Reserves | 13 | €43,394 | €45,643 | +€2,249 | +5.2% |
| Non-distributable reserves | 130/1 | €43,394 | €45,643 | +€2,249 | +5.2% |
| Legal reserve | 130 | €43,394 | €45,643 | +€2,249 | +5.2% |
| Profit (loss) carried forward | 14 | €289,874 | €332,608 | +€42,734 | +14.7% |
| Amounts payable | 17/49 | €4,019,389 | €3,894,217 | -€125,172 | -3.1% |
| Amounts payable after more than one year | 17 | €3,248,724 | €2,879,508 | -€369,216 | -11.4% |
| Financial debts | 170/4 | €3,248,724 | €2,879,508 | -€369,216 | -11.4% |
| Credit institutions | 173 | €3,248,724 | €2,879,508 | -€369,216 | -11.4% |
| Amounts payable within one year | 42/48 | €748,411 | €948,678 | +€200,267 | +26.8% |
| Current portion of amounts payable after more than one year | 42 | €367,892 | €399,906 | +€32,014 | +8.7% |
| Trade debts | 44 | €380,519 | €548,772 | +€168,253 | +44.2% |
| Suppliers | 440/4 | €380,519 | €548,772 | +€168,253 | +44.2% |
| Accrued charges and deferred income | 492/3 | €22,254 | €66,031 | +€43,777 | +197% |
| Operating income | 70/76A | €2,051,157 | €2,176,390 | +€125,233 | +6.1% |
| Turnover | 70 | €1,996,935 | €2,106,281 | +€109,346 | +5.5% |
| Other operating income | 74 | €54,222 | €70,109 | +€15,887 | +29.3% |
| Operating charges | 60/66A | €1,945,671 | €2,073,666 | +€127,995 | +6.6% |
| Services and other goods | 61 | €1,592,117 | €1,715,632 | +€123,515 | +7.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €338,853 | €341,239 | +€2,386 | +0.7% |
| Other operating charges | 640/8 | €14,701 | €16,795 | +€2,094 | +14.2% |
| Operating profit (loss) | 9901 | €105,486 | €102,724 | -€2,762 | -2.6% |
| Financial charges | 65/66B | €48,151 | €42,747 | -€5,404 | -11.2% |
| Recurring financial charges | 65 | €48,151 | €42,747 | -€5,404 | -11.2% |
| Debt charges | 650 | €44,056 | €42,141 | -€1,915 | -4.3% |
| Other financial charges | 652/9 | €4,095 | €606 | -€3,489 | -85.2% |
| Profit (loss) for the period before taxes | 9903 | €57,335 | €59,977 | +€2,642 | +4.6% |
| Income taxes | 67/77 | €14,334 | €14,994 | +€660 | +4.6% |
| Taxes | 670/3 | €14,334 | €14,994 | +€660 | +4.6% |
| Profit (loss) for the period | 9904 | €43,001 | €44,983 | +€1,982 | +4.6% |
| Profit (loss) for the period to be appropriated | 9905 | €43,001 | €44,983 | +€1,982 | +4.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.