DIGIMADS: what changed
Two fiscal 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.
DIGIMADS
Largest movements
- Receivables after one year +€100,000
new in 2025: €100,000
- Receivables within one year +€71,449
up €71,449 (+69.0%), from €103,488 to €174,937
of which Trade receivables: +€71,449
- Tangible fixed assets +€57,050
up €57,050 (+789.7%), from €7,224 to €64,274
of which Other tangible fixed assets: +€59,810
- Cash -€42,336
down €42,336 (-27.3%), from €155,326 to €112,990
mainly Receivables after one year (-€100,000) and Receivables within one year (-€71,449)
- Reserves +€148,464
up €148,464 (+115.8%), from €128,204 to €276,667
- Tax, wage and social debts +€42,864
up €42,864 (+165.6%), from €25,885 to €68,749
of which Taxes: +€35,136
- Other debts -€27,978
down €27,978 (-76.0%), from €36,820 to €8,842
- Trade debts +€23,567
up €23,567 (+31.8%), from €74,159 to €97,726
- Gross operating margin +€267,372
up €267,372 (+756.7%), from €35,335 to €302,707
- Staff costs +€60,281
new in 2025: €60,281
- Taxes +€53,471
up €53,471 (+793.1%), from €6,742 to €60,214
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 | €268,963 | €454,984 | +€186,021 | +69.2% |
| Fixed assets | 21/28 | €7,224 | €64,274 | +€57,050 | +789.7% |
| Tangible fixed assets | 22/27 | €7,224 | €64,274 | +€57,050 | +789.7% |
| Plant, machinery and equipment | 23 | €629 | €1,417 | +€788 | +125.4% |
| Furniture and vehicles | 24 | €6,595 | €3,048 | -€3,548 | -53.8% |
| Other tangible fixed assets | 26 | - | €59,810 | +€59,810 | |
| Current assets | 29/58 | €261,739 | €390,709 | +€128,971 | +49.3% |
| Amounts receivable after more than one year | 29 | - | €100,000 | +€100,000 | |
| Other amounts receivable | 291 | - | €100,000 | +€100,000 | |
| Amounts receivable within one year | 40/41 | €103,488 | €174,937 | +€71,449 | +69.0% |
| Trade receivables | 40 | €95,230 | €166,679 | +€71,449 | +75.0% |
| Other amounts receivable | 41 | €8,258 | €8,258 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €155,326 | €112,990 | -€42,336 | -27.3% |
| Deferred charges and accrued income | 490/1 | €2,925 | €2,783 | -€142 | -4.9% |
| Total equity and liabilities | 10/49 | €268,963 | €454,984 | +€186,021 | +69.2% |
| Equity | 10/15 | €131,204 | €279,667 | +€148,464 | +113.2% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €128,204 | €276,667 | +€148,464 | +115.8% |
| Distributable reserves | 133 | €128,204 | €276,667 | +€148,464 | +115.8% |
| Amounts payable | 17/49 | €137,759 | €175,317 | +€37,557 | +27.3% |
| Amounts payable within one year | 42/48 | €136,864 | €175,317 | +€38,453 | +28.1% |
| Trade debts | 44 | €74,159 | €97,726 | +€23,567 | +31.8% |
| Suppliers | 440/4 | €74,159 | €97,726 | +€23,567 | +31.8% |
| Taxes, remuneration and social security | 45 | €25,885 | €68,749 | +€42,864 | +165.6% |
| Taxes | 450/3 | €25,885 | €61,021 | +€35,136 | +135.7% |
| Remuneration and social security | 454/9 | - | €7,728 | +€7,728 | |
| Other amounts payable | 47/48 | €36,820 | €8,842 | -€27,978 | -76.0% |
| Accrued charges and deferred income | 492/3 | €895 | - | -€895 | |
| Remuneration, social security and pensions | 62 | - | €60,281 | +€60,281 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,797 | €7,629 | +€2,833 | +59.1% |
| Other operating charges | 640/8 | €513 | €1,443 | +€930 | +181.3% |
| Non-recurring operating charges | 66A | - | €205 | +€205 | |
| Gross operating margin | 9900 | €35,335 | €302,707 | +€267,372 | +756.7% |
| Operating profit (loss) | 9901 | €30,026 | €233,148 | +€203,123 | +676.5% |
| Financial income | 75/76B | €6 | - | -€6 | |
| Recurring financial income | 75 | €6 | - | -€6 | |
| Financial charges | 65/66B | €134 | €942 | +€808 | +601.6% |
| Recurring financial charges | 65 | €134 | €942 | +€808 | +601.6% |
| Profit (loss) for the period before taxes | 9903 | €29,897 | €232,207 | +€202,310 | +676.7% |
| Income taxes | 67/77 | €6,742 | €60,214 | +€53,471 | +793.1% |
| Profit (loss) for the period | 9904 | €23,155 | €171,993 | +€148,838 | +642.8% |
| Profit (loss) for the period to be appropriated | 9905 | €23,155 | €171,993 | +€148,838 | +642.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.