Digital Canopy: 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.
Digital Canopy
Largest movements
- Receivables within one year -€24,224
down €24,224 (-85.9%), from €28,211 to €3,988
of which Trade receivables: -€19,678
- Tangible fixed assets -€3,226
down €3,226 (-37.8%), from €8,534 to €5,308
- Cash -€2,285
down €2,285 (-76.2%), from €3,000 to €715
mainly Net result for the year (-€25,342) and Advances received (-€7,865)
- Deferred charges and accrued income -€1,958
down €1,958 (-86.4%), from €2,266 to €308
- Profit (loss) carried forward -€25,342
down €25,342 (-68.7%), from -€36,870 to -€62,213
- Advances received -€7,865
down €7,865 (-74.3%), from €10,588 to €2,723
- Trade debts -€4,272
down €4,272 (-37.7%), from €11,330 to €7,058
- Short-term financial debts +€3,895
up €3,895 (+1194.8%), from €326 to €4,221
- Debts after one year +€1,214
new in 2024: €1,214
- Gross operating margin -€3,338
down €3,338 (-21.6%), from -€15,468 to -€18,806
- Taxes +€869
up €869 (+41365.2%), from €2 to €871
- Other operating charges +€648
up €648 (+102.0%), from €635 to €1,284
- Depreciation -€602
down €602 (-13.6%), from €4,414 to €3,812
- Financial charges +€243
up €243 (+72.9%), from €333 to €576
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.
Cash bridge derived
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.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €91,764 | €60,071 | -€31,694 | -34.5% |
| Fixed assets | 21/28 | €8,656 | €5,430 | -€3,226 | -37.3% |
| Tangible fixed assets | 22/27 | €8,534 | €5,308 | -€3,226 | -37.8% |
| Furniture and vehicles | 24 | €8,534 | €5,308 | -€3,226 | -37.8% |
| Financial fixed assets | 28 | €122 | €122 | = | 0.0% |
| Current assets | 29/58 | €83,108 | €54,641 | -€28,467 | -34.3% |
| Amounts receivable after more than one year | 29 | €49,630 | €49,630 | = | 0.0% |
| Other amounts receivable | 291 | €49,630 | €49,630 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €28,211 | €3,988 | -€24,224 | -85.9% |
| Trade receivables | 40 | €23,665 | €3,988 | -€19,678 | -83.2% |
| Other amounts receivable | 41 | €4,546 | - | -€4,546 | |
| Cash at bank and in hand | 54/58 | €3,000 | €715 | -€2,285 | -76.2% |
| Deferred charges and accrued income | 490/1 | €2,266 | €308 | -€1,958 | -86.4% |
| Total equity and liabilities | 10/49 | €91,764 | €60,071 | -€31,694 | -34.5% |
| Equity | 10/15 | €60,673 | €35,331 | -€25,342 | -41.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €91,344 | €91,344 | = | 0.0% |
| Distributable reserves | 133 | €91,344 | €91,344 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€36,870 | -€62,213 | -€25,342 | -68.7% |
| Amounts payable | 17/49 | €31,091 | €24,740 | -€6,351 | -20.4% |
| Amounts payable after more than one year | 17 | - | €1,214 | +€1,214 | |
| Other amounts payable | 178/9 | - | €1,214 | +€1,214 | |
| Amounts payable within one year | 42/48 | €31,091 | €23,525 | -€7,566 | -24.3% |
| Financial debts | 43 | €326 | €4,221 | +€3,895 | +1194.8% |
| Credit institutions | 430/8 | €326 | €4,221 | +€3,895 | +1194.8% |
| Trade debts | 44 | €11,330 | €7,058 | -€4,272 | -37.7% |
| Suppliers | 440/4 | €11,330 | €7,058 | -€4,272 | -37.7% |
| Advances received on contracts in progress | 46 | €10,588 | €2,723 | -€7,865 | -74.3% |
| Taxes, remuneration and social security | 45 | €8,848 | €9,524 | +€676 | +7.6% |
| Taxes | 450/3 | €8,128 | €8,804 | +€676 | +8.3% |
| Remuneration and social security | 454/9 | €720 | €720 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,414 | €3,812 | -€602 | -13.6% |
| Other operating charges | 640/8 | €635 | €1,284 | +€648 | +102.0% |
| Non-recurring operating charges | 66A | €248 | - | -€248 | |
| Gross operating margin | 9900 | -€15,468 | -€18,806 | -€3,338 | -21.6% |
| Operating profit (loss) | 9901 | -€20,765 | -€23,902 | -€3,137 | -15.1% |
| Financial income | 75/76B | €1 | €7 | +€6 | +583.2% |
| Recurring financial income | 75 | €1 | €7 | +€6 | +583.2% |
| Financial charges | 65/66B | €333 | €576 | +€243 | +72.9% |
| Recurring financial charges | 65 | €333 | €576 | +€243 | +72.9% |
| Profit (loss) for the period before taxes | 9903 | -€21,098 | -€24,472 | -€3,374 | -16.0% |
| Income taxes | 67/77 | €2 | €871 | +€869 | +41365.2% |
| Profit (loss) for the period | 9904 | -€21,100 | -€25,342 | -€4,243 | -20.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€21,100 | -€25,342 | -€4,243 | -20.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.