DIGISHIFT: 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.
DIGISHIFT
Largest movements
- Cash +€397,557
up €397,557 (+184.2%), from €215,823 to €613,380
mainly Contributions, distributions and other (+€749,976) and Depreciation (+€31,211)
- Intangible fixed assets +€114,649
up €114,649 (+239.3%), from €47,902 to €162,551
- Formation expenses +€39,130
new in 2025: €39,130
- Tangible fixed assets -€25,677
down €25,677 (-73.7%), from €34,852 to €9,175
of which Leasing and similar rights: -€27,173
- Receivables within one year +€18,625
up €18,625 (+147.6%), from €12,616 to €31,241
of which Other amounts receivable: +€14,198
- Contributions +€749,976
up €749,976 (+20832.7%), from €3,600 to €753,576
- Profit (loss) carried forward -€185,831
down €185,831 (-144.6%), from -€128,470 to -€314,301
- Debts after one year -€62,389
down €62,389 (-16.9%), from €370,061 to €307,672
- Current portion of long-term debt +€27,855
up €27,855 (+106.3%), from €26,199 to €54,054
- Trade debts +€24,581
up €24,581 (+104.4%), from €23,547 to €48,128
- Gross operating margin -€34,004
down €34,004 (-50.1%), from -€67,871 to -€101,875
- Depreciation +€14,755
up €14,755 (+89.7%), from €16,456 to €31,211
- Financial charges +€6,736
up €6,736 (+103.8%), from €6,490 to €13,226
- Staff costs +€2,583
up €2,583 (+7.1%), from €36,569 to €39,152
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 | €318,146 | €860,136 | +€541,991 | +170.4% |
| Formation expenses | 20 | - | €39,130 | +€39,130 | |
| Fixed assets | 21/28 | €84,254 | €171,726 | +€87,471 | +103.8% |
| Intangible fixed assets | 21 | €47,902 | €162,551 | +€114,649 | +239.3% |
| Tangible fixed assets | 22/27 | €34,852 | €9,175 | -€25,677 | -73.7% |
| Plant, machinery and equipment | 23 | €5,855 | €4,330 | -€1,525 | -26.0% |
| Furniture and vehicles | 24 | €1,825 | €4,845 | +€3,021 | +165.5% |
| Leasing and similar rights | 25 | €27,173 | €0 | -€27,173 | -100.0% |
| Financial fixed assets | 28 | €1,500 | €0 | -€1,500 | -100.0% |
| Current assets | 29/58 | €233,891 | €649,281 | +€415,390 | +177.6% |
| Amounts receivable within one year | 40/41 | €12,616 | €31,241 | +€18,625 | +147.6% |
| Trade receivables | 40 | €7,811 | €12,237 | +€4,426 | +56.7% |
| Other amounts receivable | 41 | €4,805 | €19,004 | +€14,198 | +295.5% |
| Cash at bank and in hand | 54/58 | €215,823 | €613,380 | +€397,557 | +184.2% |
| Deferred charges and accrued income | 490/1 | €5,452 | €4,660 | -€791 | -14.5% |
| Total equity and liabilities | 10/49 | €318,146 | €860,136 | +€541,991 | +170.4% |
| Equity | 10/15 | -€124,870 | €439,274 | +€564,145 | |
| Contributions | 10/11 | €3,600 | €753,576 | +€749,976 | +20832.7% |
| Profit (loss) carried forward | 14 | -€128,470 | -€314,301 | -€185,831 | -144.6% |
| Amounts payable | 17/49 | €443,016 | €420,862 | -€22,154 | -5.0% |
| Amounts payable after more than one year | 17 | €370,061 | €307,672 | -€62,389 | -16.9% |
| Financial debts | 170/4 | €370,061 | €307,672 | -€62,389 | -16.9% |
| Amounts payable within one year | 42/48 | €70,795 | €108,788 | +€37,993 | +53.7% |
| Current portion of amounts payable after more than one year | 42 | €26,199 | €54,054 | +€27,855 | +106.3% |
| Financial debts | 43 | €1,459 | €689 | -€770 | -52.8% |
| Credit institutions | 430/8 | €1,459 | €689 | -€770 | -52.8% |
| Trade debts | 44 | €23,547 | €48,128 | +€24,581 | +104.4% |
| Suppliers | 440/4 | €23,547 | €48,128 | +€24,581 | +104.4% |
| Taxes, remuneration and social security | 45 | €13,426 | €132 | -€13,294 | -99.0% |
| Taxes | 450/3 | €138 | €132 | -€5 | -3.8% |
| Remuneration and social security | 454/9 | €13,289 | €0 | -€13,289 | -100.0% |
| Other amounts payable | 47/48 | €6,164 | €5,784 | -€379 | -6.2% |
| Accrued charges and deferred income | 492/3 | €2,160 | €4,402 | +€2,242 | +103.8% |
| Non-recurring operating income | 76A | - | €1,262 | +€1,262 | |
| Remuneration, social security and pensions | 62 | €36,569 | €39,152 | +€2,583 | +7.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,456 | €31,211 | +€14,755 | +89.7% |
| Other operating charges | 640/8 | €41 | €613 | +€572 | +1394.0% |
| Gross operating margin | 9900 | -€67,871 | -€101,875 | -€34,004 | -50.1% |
| Operating profit (loss) | 9901 | -€120,937 | -€172,850 | -€51,913 | -42.9% |
| Financial income | 75/76B | €13 | €377 | +€365 | +2914.5% |
| Recurring financial income | 75 | €13 | €377 | +€365 | +2914.5% |
| Financial charges | 65/66B | €6,490 | €13,226 | +€6,736 | +103.8% |
| Recurring financial charges | 65 | €6,490 | €13,226 | +€6,736 | +103.8% |
| Profit (loss) for the period before taxes | 9903 | -€127,414 | -€185,699 | -€58,285 | -45.7% |
| Income taxes | 67/77 | €86 | €132 | +€47 | +54.5% |
| Profit (loss) for the period | 9904 | -€127,500 | -€185,831 | -€58,331 | -45.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€127,500 | -€185,831 | -€58,331 | -45.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.