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DIGITAL SQUARE: 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 SQUARE

BE 0670.684.526
NACE 63.910, Web portal activities
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€7,021
2023 · -€3,925+€10,946
Equity
-€15,701
2023 · -€22,723+€7,021
Cash
€3,642
2023 · €4,166-€524
Balance sheet total
€54,205
2023 · €60,549-€6,344

Largest movements

2023 to 2024
Assets
  • Receivables within one year -€2,210

    down €2,210 (-60.0%), from €3,685 to €1,475

    of which Trade receivables: -€1,769

  • Intangible fixed assets -€1,891

    down €1,891 (-87.7%), from €2,155 to €264

  • Stocks and contracts -€1,753

    down €1,753 (-3.5%), from €50,533 to €48,780

Equity and liabilities
  • Current portion of long-term debt -€9,058

    down €9,058 (-32.3%), from €28,034 to €18,975

  • Profit (loss) carried forward +€7,021

    up €7,021 (+17.0%), from -€41,273 to -€34,251

  • Trade debts -€4,154

    down €4,154 (-39.6%), from €10,488 to €6,333

  • Debts after one year -€1,071

    no longer reported in 2024 (was €1,071)

Income statement
  • Gross operating margin +€7,544

    up €7,544, from -€251 to €7,293

  • Financial income +€1,438

    up €1,438 (+32.9%), from €4,368 to €5,806

  • Depreciation -€1,154

    down €1,154 (-37.9%), from €3,045 to €1,891

  • Financial charges -€814

    down €814 (-17.6%), from €4,613 to €3,799

From the 2023 result to the 2024 result

effect on the 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 2023 -€3,925
Gross operating margin +€7,544
Depreciation +€1,154
Other operating charges -€3
Financial income +€1,438
Financial charges +€814
Result 2024 €7,021

Cash bridge derived

cash 2023 to 2024

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.

From operations +€9,606
Investment €0
Financing -€10,130
Cash 2023 €4,166
Net result for the year +€7,021
Depreciation +€1,891
Stocks and contracts +€1,753
Receivables within one year +€2,210
Deferred charges and accrued income -€34
Trade debts -€4,154
Tax, wage and social debts +€399
Other debts +€520
Debts after one year -€1,071
Current portion of long-term debt -€9,058
Cash 2024 €3,642
Every line side by side 37 lines
Line Code 2023 2024 Change %
Total assets 20/58 €60,549 €54,205 -€6,344 -10.5%
Fixed assets 21/28 €2,155 €264 -€1,891 -87.7%
Intangible fixed assets 21 €2,155 €264 -€1,891 -87.7%
Current assets 29/58 €58,394 €53,941 -€4,453 -7.6%
Stocks and contracts in progress 3 €50,533 €48,780 -€1,753 -3.5%
Stocks 30/36 €50,533 €48,780 -€1,753 -3.5%
Amounts receivable within one year 40/41 €3,685 €1,475 -€2,210 -60.0%
Trade receivables 40 €1,861 €93 -€1,769 -95.0%
Other amounts receivable 41 €1,824 €1,382 -€441 -24.2%
Cash at bank and in hand 54/58 €4,166 €3,642 -€524 -12.6%
Deferred charges and accrued income 490/1 €10 €44 +€34 +330.9%
Total equity and liabilities 10/49 €60,549 €54,205 -€6,344 -10.5%
Equity 10/15 -€22,723 -€15,701 +€7,021 +30.9%
Contributions 10/11 €18,550 €18,550 = 0.0%
Profit (loss) carried forward 14 -€41,273 -€34,251 +€7,021 +17.0%
Amounts payable 17/49 €83,272 €69,907 -€13,365 -16.0%
Amounts payable after more than one year 17 €1,071 - -€1,071
Financial debts 170/4 €1,071 - -€1,071
Amounts payable within one year 42/48 €81,129 €68,835 -€12,294 -15.2%
Current portion of amounts payable after more than one year 42 €28,034 €18,975 -€9,058 -32.3%
Trade debts 44 €10,488 €6,333 -€4,154 -39.6%
Suppliers 440/4 €10,488 €6,333 -€4,154 -39.6%
Taxes, remuneration and social security 45 €1,313 €1,712 +€399 +30.4%
Taxes 450/3 €1,313 €1,712 +€399 +30.4%
Other amounts payable 47/48 €41,295 €41,815 +€520 +1.3%
Accrued charges and deferred income 492/3 €1,071 €1,071 = 0.0%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €3,045 €1,891 -€1,154 -37.9%
Other operating charges 640/8 €384 €387 +€3 +0.8%
Gross operating margin 9900 -€251 €7,293 +€7,544
Operating profit (loss) 9901 -€3,680 €5,015 +€8,695
Financial income 75/76B €4,368 €5,806 +€1,438 +32.9%
Recurring financial income 75 €4,368 €5,806 +€1,438 +32.9%
Financial charges 65/66B €4,613 €3,799 -€814 -17.6%
Recurring financial charges 65 €4,613 €3,799 -€814 -17.6%
Profit (loss) for the period before taxes 9903 -€3,925 €7,021 +€10,946
Profit (loss) for the period 9904 -€3,925 €7,021 +€10,946
Profit (loss) for the period to be appropriated 9905 -€3,925 €7,021 +€10,946

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 30 September 2026 via checked.be.