DIGI BELGIUM: 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
DIGI BELGIUM
NACE 46.649, Wholesale of other machinery and equipment
financial year 2024 compared with 2023filed annual accounts (NBB)
Net result for the year
€902,046
2023 · €817,557+€84,489
Equity
€5.0m
2023 · €4.4m+€631,432
Cash
€1.5m
2023 · €1.3m+€189,318
Balance sheet total
€8.8m
2023 · €7.3m+€1.5m
Largest movements
Assets
- Receivables after one year +€537,277
new in 2024: €537,277
- Stocks and contracts +€530,108
up €530,108 (+18.0%), from €3.0m to €3.5m
- Deferred charges and accrued income +€395,509
up €395,509 (+2,054%), from €19,253 to €414,763
- Receivables within one year -€221,747
down €221,747 (-8.7%), from €2.5m to €2.3m
of which Other amounts receivable: -€139,982
- Cash +€189,318
up €189,318 (+14.1%), from €1.3m to €1.5m
mainly Trade debts (+€930,570) and Net result for the year (+€902,046)
Equity and liabilities
- Trade debts +€930,570
up €930,570 (+104%), from €894,473 to €1.8m
- Profit (loss) carried forward +€631,432
up €631,432 (+34.9%), from €1.8m to €2.4m
- Advances received -€120,063
down €120,063 (-32.7%), from €367,461 to €247,398
- Tax, wage and social debts -€100,802
down €100,802 (-8.2%), from €1.2m to €1.1m
of which Taxes: -€99,302
Income statement
- Goods and materials -€571,887
down €571,887 (-5.2%), from €10.9m to €10.4m
of which Change in stocks: decrease (increase): -€2.0m
- Provisions +€215,876
up €215,876, from -€145,376 to €70,500
From the 2023 result to the 2024 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 2023
€817,557
Turnover
-€154,332
Other operating income
+€46,856
Goods and materials
+€571,887
Services and other goods
-€55,771
Staff costs
-€90,082
Depreciation
-€12,390
Write-downs
+€55,846
Provisions
-€215,876
Other operating charges
-€24,825
Other operating items
+€13,998
Financial income
-€20,479
Financial charges
-€6,176
Taxes
-€24,166
Result 2024
€902,046
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
+€764,052
Investment
-€304,120
Financing
-€270,614
Cash 2023
€1.3m
From operations (derived)
+€764,052
Net result for the year
+€902,046
Depreciation
+€200,551
Receivables after one year
-€537,277
Stocks and contracts
-€530,108
Receivables within one year
+€221,747
Deferred charges and accrued income
-€395,509
Provisions
+€70,500
Trade debts
+€930,570
Tax, wage and social debts
-€100,802
Advances received
-€120,063
Other debts
+€35,238
Accrued charges and deferred income
+€87,157
Investment (derived)
-€304,120
Investment in fixed assets (net)
-€304,120
Financing
-€270,614
Contributions, distributions and other
-€270,614
Cash 2024
€1.5m
brings cash intakes cash out
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €7,297,454 | €8,831,487 | +€1.5m | +21.0% |
| Fixed assets | 21/28 | €441,465 | €545,034 | +€103,569 | +23.5% |
| Intangible fixed assets | 21 | €369,007 | €476,932 | +€107,925 | +29.2% |
| Tangible fixed assets | 22/27 | €72,459 | €67,753 | -€4,706 | -6.5% |
| Plant, machinery and equipment | 23 | €56,715 | €54,476 | -€2,238 | -3.9% |
| Furniture and vehicles | 24 | €15,744 | €13,276 | -€2,468 | -15.7% |
| Financial fixed assets | 28 | - | €350 | +€350 | |
| Other financial fixed assets | 284/8 | - | €350 | +€350 | |
| Amounts receivable and cash guarantees | 285/8 | - | €350 | +€350 | |
| Current assets | 29/58 | €6,855,989 | €8,286,453 | +€1.4m | +20.9% |
| Amounts receivable after more than one year | 29 | - | €537,277 | +€537,277 | |
| Other amounts receivable | 291 | - | €537,277 | +€537,277 | |
| Stocks and contracts in progress | 3 | €2,950,401 | €3,480,508 | +€530,108 | +18.0% |
| Stocks | 30/36 | €2,950,401 | €3,480,508 | +€530,108 | +18.0% |
| Goods purchased for resale | 34 | €2,950,401 | €3,480,508 | +€530,108 | +18.0% |
| Amounts receivable within one year | 40/41 | €2,539,109 | €2,317,362 | -€221,747 | -8.7% |
| Trade receivables | 40 | €2,313,271 | €2,231,505 | -€81,765 | -3.5% |
| Other amounts receivable | 41 | €225,839 | €85,857 | -€139,982 | -62.0% |
| Cash at bank and in hand | 54/58 | €1,347,225 | €1,536,544 | +€189,318 | +14.1% |
| Deferred charges and accrued income | 490/1 | €19,253 | €414,763 | +€395,509 | +2,054% |
| Total equity and liabilities | 10/49 | €7,297,454 | €8,831,487 | +€1.5m | +21.0% |
| Equity | 10/15 | €4,383,517 | €5,014,949 | +€631,432 | +14.4% |
| Contributions | 10/11 | €1,265,424 | €1,265,424 | = | 0.0% |
| Capital | 10 | €315,000 | €315,000 | = | 0.0% |
| Issued capital | 100 | €315,000 | €315,000 | = | 0.0% |
| Contributions outside capital | 11 | €950,424 | €950,424 | = | 0.0% |
| Share premium | 1100/10 | €950,424 | €950,424 | = | 0.0% |
| Reserves | 13 | €1,307,746 | €1,307,746 | = | 0.0% |
| Non-distributable reserves | 130/1 | €57,870 | €57,870 | = | 0.0% |
| Legal reserve | 130 | €31,500 | €31,500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €26,370 | €26,370 | = | 0.0% |
| Tax-exempt reserves | 132 | €104,755 | €104,755 | = | 0.0% |
| Distributable reserves | 133 | €1,145,122 | €1,145,122 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,810,347 | €2,441,780 | +€631,432 | +34.9% |
| Provisions and deferred taxes | 16 | €15,000 | €85,500 | +€70,500 | +470% |
| Provisions for liabilities and charges | 160/5 | €15,000 | €85,500 | +€70,500 | +470% |
| Other liabilities and charges | 164/5 | €15,000 | €85,500 | +€70,500 | +470% |
| Amounts payable | 17/49 | €2,898,937 | €3,731,038 | +€832,101 | +28.7% |
| Amounts payable within one year | 42/48 | €2,728,170 | €3,473,114 | +€744,944 | +27.3% |
| Trade debts | 44 | €894,473 | €1,825,043 | +€930,570 | +104% |
| Suppliers | 440/4 | €894,473 | €1,825,043 | +€930,570 | +104% |
| Advances received on contracts in progress | 46 | €367,461 | €247,398 | -€120,063 | -32.7% |
| Taxes, remuneration and social security | 45 | €1,229,660 | €1,128,859 | -€100,802 | -8.2% |
| Taxes | 450/3 | €587,510 | €488,209 | -€99,302 | -16.9% |
| Remuneration and social security | 454/9 | €642,150 | €640,650 | -€1,500 | -0.2% |
| Other amounts payable | 47/48 | €236,576 | €271,814 | +€35,238 | +14.9% |
| Accrued charges and deferred income | 492/3 | €170,767 | €257,924 | +€87,157 | +51.0% |
| Operating income | 70/76A | €18,027,442 | €17,934,357 | -€93,085 | -0.5% |
| Turnover | 70 | €17,640,662 | €17,486,330 | -€154,332 | -0.9% |
| Own construction capitalised | 72 | €278,628 | €286,991 | +€8,363 | +3.0% |
| Other operating income | 74 | €108,152 | €155,008 | +€46,856 | +43.3% |
| Non-recurring operating income | 76A | - | €6,028 | +€6,028 | |
| Operating charges | 60/66A | €16,824,022 | €16,595,627 | -€228,395 | -1.4% |
| Goods for resale, raw materials and consumables | 60 | €10,933,147 | €10,361,260 | -€571,887 | -5.2% |
| Purchases | 600/8 | €9,497,329 | €10,931,392 | +€1.4m | +15.1% |
| Change in stocks: decrease (increase) | 609 | €1,435,818 | -€570,132 | -€2.0m | |
| Services and other goods | 61 | €1,503,359 | €1,559,130 | +€55,771 | +3.7% |
| Remuneration, social security and pensions | 62 | €4,237,097 | €4,327,178 | +€90,082 | +2.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €188,160 | €200,551 | +€12,390 | +6.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €80,380 | €24,534 | -€55,846 | -69.5% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€145,376 | €70,500 | +€215,876 | |
| Other operating charges | 640/8 | €27,255 | €52,081 | +€24,825 | +91.1% |
| Non-recurring operating charges | 66A | - | €393 | +€393 | |
| Operating profit (loss) | 9901 | €1,203,419 | €1,338,730 | +€135,310 | +11.2% |
| Financial income | 75/76B | €35,815 | €15,336 | -€20,479 | -57.2% |
| Recurring financial income | 75 | €35,815 | €15,336 | -€20,479 | -57.2% |
| Other financial income | 752/9 | €35,815 | €15,336 | -€20,479 | -57.2% |
| Financial charges | 65/66B | €41,144 | €47,321 | +€6,176 | +15.0% |
| Recurring financial charges | 65 | €41,144 | €47,321 | +€6,176 | +15.0% |
| Other financial charges | 652/9 | €41,144 | €47,321 | +€6,176 | +15.0% |
| Profit (loss) for the period before taxes | 9903 | €1,198,090 | €1,306,745 | +€108,655 | +9.1% |
| Income taxes | 67/77 | €380,532 | €404,698 | +€24,166 | +6.4% |
| Taxes | 670/3 | €390,000 | €435,000 | +€45,000 | +11.5% |
| Tax adjustments and reversals of tax provisions | 77 | €9,468 | €30,302 | +€20,834 | +220% |
| Profit (loss) for the period | 9904 | €817,557 | €902,046 | +€84,489 | +10.3% |
| Profit (loss) for the period to be appropriated | 9905 | €817,557 | €902,046 | +€84,489 | +10.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.