Digital Payroll Services: 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.
What changed
Digital Payroll Services
NACE 78.200, Temporary employment agencies and other provision of personnel
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€611,493
2024 · €470,788+€140,705
Equity
€301,387
2024 · €289,894+€11,493
Cash
€1.3m
2024 · €976,838+€293,604
Balance sheet total
€4.5m
2024 · €3.8m+€686,818
Largest movements
Assets
- Receivables within one year +€365,681
up €365,681 (+13.3%), from €2.8m to €3.1m
of which Trade receivables: +€562,351
- Cash +€293,604
up €293,604 (+30.1%), from €976,838 to €1.3m
mainly Tax, wage and social debts (+€1.1m) and Net result for the year (+€611,493)
Equity and liabilities
- Tax, wage and social debts +€1.1m
up €1.1m (+114.7%), from €934,919 to €2.0m
of which Remuneration and social security: +€877,121
- Trade debts -€459,853
down €459,853 (-23.2%), from €2.0m to €1.5m
- Other debts +€66,008
up €66,008 (+12.4%), from €533,992 to €600,000
Income statement
- Turnover -€4.8m
down €4.8m (-13.3%), from €36.0m to €31.2m
- Staff costs -€4.0m
down €4.0m (-12.5%), from €32.3m to €28.3m
- Services and other goods -€559,495
down €559,495 (-14.6%), from €3.8m to €3.3m
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.
Result 2024
€470,788
Turnover
-€4.8m
Other operating income
+€265,489
Services and other goods
+€559,495
Staff costs
+€4.0m
Depreciation
-€1,291
Write-downs
+€19,967
Other operating charges
-€15,388
Other operating items
+€15,440
Financial income
-€21,743
Financial charges
+€1,623
Taxes
+€60,927
Result 2025
€611,493
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.
From operations
+€953,562
Investment
-€59,958
Financing
-€600,000
Cash 2024
€976,838
From operations (derived)
+€953,562
Net result for the year
+€611,493
Depreciation
+€14,406
Receivables within one year
-€365,681
Deferred charges and accrued income
+€18,019
Trade debts
-€459,853
Tax, wage and social debts
+€1.1m
Advances received
-€3,039
Other debts
+€66,008
Investment (derived)
-€59,958
Investment in fixed assets (net)
-€59,958
Financing
-€600,000
Contributions, distributions and other
-€600,000
Cash 2025
€1.3m
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,789,563 | €4,476,381 | +€686,818 | +18.1% |
| Fixed assets | 21/28 | €32,282 | €77,834 | +€45,552 | +141.1% |
| Tangible fixed assets | 22/27 | €32,282 | €74,534 | +€42,252 | +130.9% |
| Furniture and vehicles | 24 | €18,072 | €42,739 | +€24,667 | +136.5% |
| Other tangible fixed assets | 26 | €14,210 | €31,795 | +€17,585 | +123.8% |
| Financial fixed assets | 28 | - | €3,300 | +€3,300 | |
| Other financial fixed assets | 284/8 | - | €3,300 | +€3,300 | |
| Amounts receivable and cash guarantees | 285/8 | - | €3,300 | +€3,300 | |
| Current assets | 29/58 | €3,757,281 | €4,398,547 | +€641,266 | +17.1% |
| Amounts receivable within one year | 40/41 | €2,759,118 | €3,124,799 | +€365,681 | +13.3% |
| Trade receivables | 40 | €2,521,656 | €3,084,007 | +€562,351 | +22.3% |
| Other amounts receivable | 41 | €237,462 | €40,792 | -€196,670 | -82.8% |
| Cash at bank and in hand | 54/58 | €976,838 | €1,270,442 | +€293,604 | +30.1% |
| Deferred charges and accrued income | 490/1 | €21,325 | €3,306 | -€18,019 | -84.5% |
| Total equity and liabilities | 10/49 | €3,789,563 | €4,476,381 | +€686,818 | +18.1% |
| Equity | 10/15 | €289,894 | €301,387 | +€11,493 | +4.0% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €5,714 | €6,150 | +€436 | +7.6% |
| Non-distributable reserves | 130/1 | €5,001 | €6,150 | +€1,149 | +23.0% |
| Legal reserve | 130 | €5,001 | €6,150 | +€1,149 | +23.0% |
| Distributable reserves | 133 | €713 | - | -€713 | |
| Profit (loss) carried forward | 14 | €222,680 | €233,737 | +€11,057 | +5.0% |
| Amounts payable | 17/49 | €3,499,669 | €4,174,994 | +€675,325 | +19.3% |
| Amounts payable within one year | 42/48 | €3,453,649 | €4,128,974 | +€675,325 | +19.6% |
| Trade debts | 44 | €1,981,699 | €1,521,846 | -€459,853 | -23.2% |
| Suppliers | 440/4 | €1,981,699 | €1,521,846 | -€459,853 | -23.2% |
| Advances received on contracts in progress | 46 | €3,039 | - | -€3,039 | |
| Taxes, remuneration and social security | 45 | €934,919 | €2,007,128 | +€1.1m | +114.7% |
| Taxes | 450/3 | €238,338 | €433,426 | +€195,088 | +81.9% |
| Remuneration and social security | 454/9 | €696,581 | €1,573,702 | +€877,121 | +125.9% |
| Other amounts payable | 47/48 | €533,992 | €600,000 | +€66,008 | +12.4% |
| Accrued charges and deferred income | 492/3 | €46,020 | €46,020 | = | 0.0% |
| Operating income | 70/76A | €36,899,203 | €32,383,592 | -€4.5m | -12.2% |
| Turnover | 70 | €35,986,775 | €31,205,675 | -€4.8m | -13.3% |
| Other operating income | 74 | €912,428 | €1,177,917 | +€265,489 | +29.1% |
| Operating charges | 60/66A | €36,250,712 | €31,635,203 | -€4.6m | -12.7% |
| Services and other goods | 61 | €3,832,451 | €3,272,956 | -€559,495 | -14.6% |
| Remuneration, social security and pensions | 62 | €32,320,768 | €28,283,482 | -€4.0m | -12.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,115 | €14,406 | +€1,291 | +9.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €40,377 | €20,410 | -€19,967 | -49.5% |
| Other operating charges | 640/8 | €28,151 | €43,539 | +€15,388 | +54.7% |
| Non-recurring operating charges | 66A | €15,850 | €410 | -€15,440 | -97.4% |
| Operating profit (loss) | 9901 | €648,491 | €748,389 | +€99,898 | +15.4% |
| Financial income | 75/76B | €25,166 | €3,423 | -€21,743 | -86.4% |
| Recurring financial income | 75 | €24,737 | €3,423 | -€21,314 | -86.2% |
| Income from current assets | 751 | €24,331 | €3,405 | -€20,926 | -86.0% |
| Other financial income | 752/9 | €406 | €18 | -€388 | -95.6% |
| Non-recurring financial income | 76B | €429 | - | -€429 | |
| Financial charges | 65/66B | €16,843 | €15,220 | -€1,623 | -9.6% |
| Recurring financial charges | 65 | €16,843 | €15,220 | -€1,623 | -9.6% |
| Debt charges | 650 | €968 | €1,167 | +€199 | +20.6% |
| Other financial charges | 652/9 | €15,875 | €14,053 | -€1,822 | -11.5% |
| Profit (loss) for the period before taxes | 9903 | €656,814 | €736,592 | +€79,778 | +12.1% |
| Income taxes | 67/77 | €186,026 | €125,099 | -€60,927 | -32.8% |
| Taxes | 670/3 | €186,026 | €125,099 | -€60,927 | -32.8% |
| Profit (loss) for the period | 9904 | €470,788 | €611,493 | +€140,705 | +29.9% |
| Profit (loss) for the period to be appropriated | 9905 | €470,788 | €611,493 | +€140,705 | +29.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.