Digital Mesh: 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.
Digital Mesh
Largest movements
- Cash -€67,192
down €67,192 (-72.1%), from €93,233 to €26,041
mainly Other debts (-€71,216) and Investment in fixed assets (net) (-€12,861)
- Tangible fixed assets +€7,941
up €7,941 (+104%), from €7,618 to €15,559
of which Furniture and vehicles: +€8,238
- Receivables within one year +€6,086
up €6,086 (+31.9%), from €19,106 to €25,192
of which Other amounts receivable: +€4,685
- Other debts -€71,216
down €71,216 (-99.1%), from €71,884 to €667
- Profit (loss) carried forward +€28,233
up €28,233 (+145%), from €19,441 to €47,675
- Current portion of long-term debt -€12,554
down €12,554 (-72.9%), from €17,218 to €4,664
- Trade debts +€1,757
up €1,757 (+686%), from €256 to €2,014
- Gross operating margin -€74,066
down €74,066 (-63.9%), from €115,922 to €41,856
- Taxes -€16,534
down €16,534 (-68.3%), from €24,204 to €7,671
- Depreciation +€3,874
up €3,874 (+370%), from €1,046 to €4,920
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.
Derived cash bridge
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 | €125,639 | €71,589 | -€54,050 | -43.0% |
| Fixed assets | 21/28 | €7,618 | €15,559 | +€7,941 | +104% |
| Tangible fixed assets | 22/27 | €7,618 | €15,559 | +€7,941 | +104% |
| Plant, machinery and equipment | 23 | €1,232 | €934 | -€297 | -24.1% |
| Furniture and vehicles | 24 | €6,386 | €14,624 | +€8,238 | +129% |
| Current assets | 29/58 | €118,021 | €56,030 | -€61,991 | -52.5% |
| Amounts receivable within one year | 40/41 | €19,106 | €25,192 | +€6,086 | +31.9% |
| Trade receivables | 40 | €13,310 | €14,711 | +€1,401 | +10.5% |
| Other amounts receivable | 41 | €5,796 | €10,481 | +€4,685 | +80.8% |
| Cash at bank and in hand | 54/58 | €93,233 | €26,041 | -€67,192 | -72.1% |
| Deferred charges and accrued income | 490/1 | €5,683 | €4,797 | -€885 | -15.6% |
| Total equity and liabilities | 10/49 | €125,639 | €71,589 | -€54,050 | -43.0% |
| Equity | 10/15 | €29,441 | €57,675 | +€28,233 | +95.9% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €19,441 | €47,675 | +€28,233 | +145% |
| Amounts payable | 17/49 | €96,198 | €13,914 | -€82,284 | -85.5% |
| Amounts payable within one year | 42/48 | €96,198 | €13,914 | -€82,284 | -85.5% |
| Current portion of amounts payable after more than one year | 42 | €17,218 | €4,664 | -€12,554 | -72.9% |
| Trade debts | 44 | €256 | €2,014 | +€1,757 | +686% |
| Suppliers | 440/4 | €256 | €2,014 | +€1,757 | +686% |
| Taxes, remuneration and social security | 45 | €6,840 | €6,569 | -€270 | -4.0% |
| Taxes | 450/3 | €6,840 | €6,569 | -€270 | -4.0% |
| Other amounts payable | 47/48 | €71,884 | €667 | -€71,216 | -99.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,046 | €4,920 | +€3,874 | +370% |
| Other operating charges | 640/8 | €1,140 | €389 | -€750 | -65.8% |
| Gross operating margin | 9900 | €115,922 | €41,856 | -€74,066 | -63.9% |
| Operating profit (loss) | 9901 | €113,735 | €36,546 | -€77,189 | -67.9% |
| Financial income | 75/76B | €31 | €7 | -€24 | -77.7% |
| Recurring financial income | 75 | €31 | €7 | -€24 | -77.7% |
| Financial charges | 65/66B | €120 | €649 | +€529 | +440% |
| Recurring financial charges | 65 | €120 | €649 | +€529 | +440% |
| Profit (loss) for the period before taxes | 9903 | €113,646 | €35,904 | -€77,742 | -68.4% |
| Income taxes | 67/77 | €24,204 | €7,671 | -€16,534 | -68.3% |
| Profit (loss) for the period | 9904 | €89,441 | €28,233 | -€61,208 | -68.4% |
| Profit (loss) for the period to be appropriated | 9905 | €89,441 | €28,233 | -€61,208 | -68.4% |
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 15 October 2026 via checked.be.