DIGITAL HYPHEN: 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 HYPHEN
Largest movements
- Intangible fixed assets +€305,204
new in 2023: €305,204
- Receivables within one year -€262,676
down €262,676 (-93.3%), from €281,667 to €18,990
of which Other amounts receivable: -€249,079
- Cash -€204,518
no longer reported in 2023 (was €204,518)
- Deferred charges and accrued income +€9,166
new in 2023: €9,166
- Profit (loss) carried forward -€170,474
down €170,474 (-36.0%), from €474,184 to €303,710
- Contributions +€12,400
up €12,400 (+200.0%), from €6,200 to €18,600
- Advances received +€6,500
new in 2023: €6,500
- Gross operating margin -€174,345
no longer reported in 2023 (was €174,345)
- Financial income -€19,253
no longer reported in 2023 (was €19,253)
From the 2021 result to the 2023 result
The net result is not in both sets of accounts; without it the difference cannot be explained line by line.
Cash bridge derived
A cash bridge needs two consecutive fiscal years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2021 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €486,185 | €333,360 | -€152,825 | -31.4% |
| Formation expenses | 20 | - | €0 | = | |
| Fixed assets | 21/28 | - | €305,204 | +€305,204 | |
| Intangible fixed assets | 21 | - | €305,204 | +€305,204 | |
| Tangible fixed assets | 22/27 | - | €0 | = | |
| Furniture and vehicles | 24 | - | €0 | = | |
| Current assets | 29/58 | €486,185 | €28,156 | -€458,029 | -94.2% |
| Amounts receivable within one year | 40/41 | €281,667 | €18,990 | -€262,676 | -93.3% |
| Trade receivables | 40 | €22,091 | €8,493 | -€13,597 | -61.6% |
| Other amounts receivable | 41 | €259,576 | €10,497 | -€249,079 | -96.0% |
| Cash at bank and in hand | 54/58 | €204,518 | - | -€204,518 | |
| Deferred charges and accrued income | 490/1 | - | €9,166 | +€9,166 | |
| Total equity and liabilities | 10/49 | €486,185 | €333,360 | -€152,825 | -31.4% |
| Equity | 10/15 | €482,244 | €324,170 | -€158,074 | -32.8% |
| Contributions | 10/11 | €6,200 | €18,600 | +€12,400 | +200.0% |
| Outside capital | 11 | €6,200 | €18,600 | +€12,400 | +200.0% |
| Other | 1109/19 | €6,200 | €18,600 | +€12,400 | +200.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €474,184 | €303,710 | -€170,474 | -36.0% |
| Amounts payable | 17/49 | €3,941 | €9,190 | +€5,250 | +133.2% |
| Amounts payable within one year | 42/48 | €3,941 | €9,190 | +€5,250 | +133.2% |
| Trade debts | 44 | - | €0 | = | |
| Suppliers | 440/4 | - | €0 | = | |
| Advances received on contracts in progress | 46 | - | €6,500 | +€6,500 | |
| Taxes, remuneration and social security | 45 | €3,941 | €2,690 | -€1,250 | -31.7% |
| Taxes | 450/3 | €3,941 | €2,690 | -€1,250 | -31.7% |
| Remuneration and social security | 454/9 | - | €0 | = | |
| Gross operating margin | 9900 | €174,345 | - | -€174,345 | |
| Operating profit (loss) | 9901 | €174,345 | - | -€174,345 | |
| Financial income | 75/76B | €19,253 | - | -€19,253 | |
| Recurring financial income | 75 | €19,253 | - | -€19,253 | |
| Financial charges | 65/66B | €535 | - | -€535 | |
| Recurring financial charges | 65 | €535 | - | -€535 | |
| Profit (loss) for the period before taxes | 9903 | €193,064 | - | -€193,064 | |
| Profit (loss) for the period | 9904 | €193,064 | - | -€193,064 | |
| Profit (loss) for the period to be appropriated | 9905 | €193,064 | - | -€193,064 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2021 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.