DIGIMATIC: 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.
DIGIMATIC
Largest movements
- Receivables within one year -€734,066
down €734,066 (-21.6%), from €3.4m to €2.7m
of which Other amounts receivable: -€1.3m
- Stocks and contracts +€623,657
up €623,657 (+16.6%), from €3.8m to €4.4m
of which Contracts in progress: +€611,505
- Cash +€451,574
up €451,574 (+192.8%), from €234,203 to €685,777
mainly Receivables within one year (+€734,066) and Net result for the year (+€381,621)
- Tangible fixed assets -€94,805
down €94,805 (-13.9%), from €681,121 to €586,316
- Reserves +€381,621
up €381,621 (+20.6%), from €1.9m to €2.2m
of which Distributable reserves: +€381,621
- Other debts -€179,635
down €179,635 (-53.8%), from €334,026 to €154,391
- Advances received +€105,138
up €105,138 (+2.2%), from €4.8m to €4.9m
- Gross operating margin -€1.2m
down €1.2m (-44.3%), from €2.7m to €1.5m
- Taxes -€219,313
down €219,313 (-61.0%), from €359,556 to €140,244
- Staff costs -€143,598
down €143,598 (-13.5%), from €1.1m to €917,759
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 | €8,257,833 | €8,459,132 | +€201,299 | +2.4% |
| Fixed assets | 21/28 | €681,456 | €586,651 | -€94,805 | -13.9% |
| Tangible fixed assets | 22/27 | €681,121 | €586,316 | -€94,805 | -13.9% |
| Land and buildings | 22 | €412,960 | €371,626 | -€41,334 | -10.0% |
| Plant, machinery and equipment | 23 | €214,442 | €189,072 | -€25,370 | -11.8% |
| Furniture and vehicles | 24 | €53,720 | €25,619 | -€28,101 | -52.3% |
| Financial fixed assets | 28 | €335 | €335 | = | 0.0% |
| Current assets | 29/58 | €7,576,376 | €7,872,481 | +€296,104 | +3.9% |
| Stocks and contracts in progress | 3 | €3,753,186 | €4,376,844 | +€623,657 | +16.6% |
| Stocks | 30/36 | €793,867 | €806,020 | +€12,153 | +1.5% |
| Contracts in progress | 37 | €2,959,319 | €3,570,824 | +€611,505 | +20.7% |
| Amounts receivable within one year | 40/41 | €3,392,188 | €2,658,123 | -€734,066 | -21.6% |
| Trade receivables | 40 | €1,334,668 | €1,919,600 | +€584,932 | +43.8% |
| Other amounts receivable | 41 | €2,057,521 | €738,523 | -€1.3m | -64.1% |
| Cash at bank and in hand | 54/58 | €234,203 | €685,777 | +€451,574 | +192.8% |
| Deferred charges and accrued income | 490/1 | €196,798 | €151,737 | -€45,061 | -22.9% |
| Total equity and liabilities | 10/49 | €8,257,833 | €8,459,132 | +€201,299 | +2.4% |
| Equity | 10/15 | €1,976,351 | €2,357,972 | +€381,621 | +19.3% |
| Contributions | 10/11 | €124,000 | €124,000 | = | 0.0% |
| Capital | 10 | €124,000 | €124,000 | = | 0.0% |
| Issued capital | 100 | €124,000 | €124,000 | = | 0.0% |
| Reserves | 13 | €1,852,351 | €2,233,972 | +€381,621 | +20.6% |
| Non-distributable reserves | 130/1 | €12,400 | €12,400 | = | 0.0% |
| Legal reserve | 130 | €12,400 | €12,400 | = | 0.0% |
| Tax-exempt reserves | 132 | €999,997 | €999,997 | = | 0.0% |
| Distributable reserves | 133 | €839,954 | €1,221,575 | +€381,621 | +45.4% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €6,281,482 | €6,101,159 | -€180,322 | -2.9% |
| Amounts payable within one year | 42/48 | €6,277,424 | €6,096,899 | -€180,525 | -2.9% |
| Trade debts | 44 | €955,025 | €897,258 | -€57,767 | -6.0% |
| Suppliers | 440/4 | €955,025 | €897,258 | -€57,767 | -6.0% |
| Advances received on contracts in progress | 46 | €4,825,416 | €4,930,553 | +€105,138 | +2.2% |
| Taxes, remuneration and social security | 45 | €162,957 | €114,696 | -€48,261 | -29.6% |
| Taxes | 450/3 | €47,708 | €10,626 | -€37,082 | -77.7% |
| Remuneration and social security | 454/9 | €115,250 | €104,070 | -€11,179 | -9.7% |
| Other amounts payable | 47/48 | €334,026 | €154,391 | -€179,635 | -53.8% |
| Accrued charges and deferred income | 492/3 | €4,058 | €4,260 | +€202 | +5.0% |
| Non-recurring operating income | 76A | €2,262 | €0 | -€2,262 | -100.0% |
| Remuneration, social security and pensions | 62 | €1,061,357 | €917,759 | -€143,598 | -13.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €109,214 | €111,463 | +€2,249 | +2.1% |
| Other operating charges | 640/8 | €48,115 | €49,654 | +€1,539 | +3.2% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €2,743,474 | €1,526,794 | -€1.2m | -44.3% |
| Operating profit (loss) | 9901 | €1,524,788 | €447,919 | -€1.1m | -70.6% |
| Financial income | 75/76B | €96,693 | €85,055 | -€11,638 | -12.0% |
| Recurring financial income | 75 | €96,693 | €85,055 | -€11,638 | -12.0% |
| Financial charges | 65/66B | €12,813 | €11,109 | -€1,705 | -13.3% |
| Recurring financial charges | 65 | €12,813 | €11,109 | -€1,705 | -13.3% |
| Profit (loss) for the period before taxes | 9903 | €1,608,667 | €521,865 | -€1.1m | -67.6% |
| Income taxes | 67/77 | €359,556 | €140,244 | -€219,313 | -61.0% |
| Profit (loss) for the period | 9904 | €1,249,111 | €381,621 | -€867,490 | -69.4% |
| Transfer to tax-exempt reserves | 689 | €999,997 | €0 | -€999,997 | -100.0% |
| Profit (loss) for the period to be appropriated | 9905 | €249,114 | €381,621 | +€132,507 | +53.2% |
Source: filed annual accounts (NBB), fiscal years ended 30 November 2024 and 30 November 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.