Digital Stork: 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 Stork
Largest movements
- Receivables within one year +€209,668
up €209,668 (+70.1%), from €298,964 to €508,632
of which Other amounts receivable: +€261,589
- Cash -€171,669
down €171,669 (-98.7%), from €173,903 to €2,235
mainly Receivables within one year (-€209,668) and Investment in fixed assets (net) (-€173,876)
- Intangible fixed assets +€147,951
new in 2023: €147,951
- Tangible fixed assets +€13,301
up €13,301 (+38.5%), from €34,553 to €47,854
of which Furniture and vehicles: +€15,226
- Deferred charges and accrued income -€9,271
down €9,271 (-98.2%), from €9,443 to €173
- Debts after one year +€176,461
up €176,461 (+1026.8%), from €17,186 to €193,647
- Tax, wage and social debts -€106,750
down €106,750 (-45.6%), from €234,275 to €127,525
of which Remuneration and social security: -€84,948
- Trade debts +€37,547
up €37,547 (+49.7%), from €75,622 to €113,169
- Short-term financial debts +€31,468
new in 2023: €31,468
- Other debts +€22,389
new in 2023: €22,389
- Gross operating margin -€483,661
down €483,661 (-60.2%), from €802,859 to €319,198
- Staff costs -€421,752
down €421,752 (-64.2%), from €657,420 to €235,668
- Taxes -€41,653
down €41,653 (-62.9%), from €66,241 to €24,588
- Other operating charges +€19,231
up €19,231 (+76435.0%), from €25 to €19,256
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €551,462 | €741,442 | +€189,981 | +34.5% |
| Fixed assets | 21/28 | €69,151 | €230,403 | +€161,252 | +233.2% |
| Intangible fixed assets | 21 | - | €147,951 | +€147,951 | |
| Tangible fixed assets | 22/27 | €34,553 | €47,854 | +€13,301 | +38.5% |
| Plant, machinery and equipment | 23 | €6,785 | €4,860 | -€1,925 | -28.4% |
| Furniture and vehicles | 24 | €27,768 | €42,994 | +€15,226 | +54.8% |
| Financial fixed assets | 28 | €34,598 | €34,598 | = | 0.0% |
| Current assets | 29/58 | €482,311 | €511,039 | +€28,729 | +6.0% |
| Amounts receivable within one year | 40/41 | €298,964 | €508,632 | +€209,668 | +70.1% |
| Trade receivables | 40 | €222,028 | €170,107 | -€51,921 | -23.4% |
| Other amounts receivable | 41 | €76,936 | €338,524 | +€261,589 | +340.0% |
| Cash at bank and in hand | 54/58 | €173,903 | €2,235 | -€171,669 | -98.7% |
| Deferred charges and accrued income | 490/1 | €9,443 | €173 | -€9,271 | -98.2% |
| Total equity and liabilities | 10/49 | €551,462 | €741,442 | +€189,981 | +34.5% |
| Equity | 10/15 | €215,005 | €232,620 | +€17,616 | +8.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | - | -€18,600 | |
| Issued capital | 100 | €18,600 | - | -€18,600 | |
| Contributions outside capital | 11 | - | €18,600 | +€18,600 | |
| Other | 1109/19 | - | €18,600 | +€18,600 | |
| Profit (loss) carried forward | 14 | €196,405 | €214,020 | +€17,616 | +9.0% |
| Amounts payable | 17/49 | €336,457 | €508,822 | +€172,365 | +51.2% |
| Amounts payable after more than one year | 17 | €17,186 | €193,647 | +€176,461 | +1026.8% |
| Financial debts | 170/4 | €17,186 | €193,647 | +€176,461 | +1026.8% |
| Amounts payable within one year | 42/48 | €319,271 | €315,175 | -€4,097 | -1.3% |
| Current portion of amounts payable after more than one year | 42 | €9,374 | €20,624 | +€11,249 | +120.0% |
| Financial debts | 43 | - | €31,468 | +€31,468 | |
| Credit institutions | 430/8 | - | €31,468 | +€31,468 | |
| Trade debts | 44 | €75,622 | €113,169 | +€37,547 | +49.7% |
| Suppliers | 440/4 | €75,622 | €113,169 | +€37,547 | +49.7% |
| Taxes, remuneration and social security | 45 | €234,275 | €127,525 | -€106,750 | -45.6% |
| Taxes | 450/3 | €149,218 | €127,416 | -€21,802 | -14.6% |
| Remuneration and social security | 454/9 | €85,057 | €109 | -€84,948 | -99.9% |
| Other amounts payable | 47/48 | - | €22,389 | +€22,389 | |
| Remuneration, social security and pensions | 62 | €657,420 | €235,668 | -€421,752 | -64.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,343 | €12,624 | +€1,281 | +11.3% |
| Other operating charges | 640/8 | €25 | €19,256 | +€19,231 | +76435.0% |
| Non-recurring operating charges | 66A | €17,210 | €8,239 | -€8,972 | -52.1% |
| Gross operating margin | 9900 | €802,859 | €319,198 | -€483,661 | -60.2% |
| Operating profit (loss) | 9901 | €116,860 | €43,412 | -€73,449 | -62.9% |
| Financial income | 75/76B | €119 | €1,046 | +€927 | +779.2% |
| Recurring financial income | 75 | €119 | €1,046 | +€927 | +779.2% |
| Financial charges | 65/66B | €1,474 | €2,254 | +€780 | +52.9% |
| Recurring financial charges | 65 | €1,474 | €2,254 | +€780 | +52.9% |
| Profit (loss) for the period before taxes | 9903 | €115,505 | €42,203 | -€73,302 | -63.5% |
| Income taxes | 67/77 | €66,241 | €24,588 | -€41,653 | -62.9% |
| Profit (loss) for the period | 9904 | €49,264 | €17,616 | -€31,648 | -64.2% |
| Profit (loss) for the period to be appropriated | 9905 | €49,264 | €17,616 | -€31,648 | -64.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.