DIGITAL TECHNOLOGY: 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 TECHNOLOGY
Largest movements
- Receivables within one year -€24,650
down €24,650 (-36.6%), from €67,394 to €42,744
of which Trade receivables: -€25,187
- Formation expenses +€17,887
new in 2025: €17,887
- Cash +€17,067
up €17,067 (+23.8%), from €71,848 to €88,914
mainly Receivables within one year (+€24,650) and Depreciation (+€12,108)
- Tangible fixed assets -€6,142
down €6,142 (-2.6%), from €231,877 to €225,734
of which Furniture and vehicles: -€3,577
- Deferred charges and accrued income -€5,275
down €5,275 (-45.8%), from €11,510 to €6,235
- Reserves -€14,000
down €14,000 (-33.5%), from €41,800 to €27,800
of which Distributable reserves: -€14,000
- Profit (loss) carried forward +€13,754
up €13,754, from -€13,584 to €170
- Depreciation -€5,968
down €5,968 (-33.0%), from €18,076 to €12,108
- Gross operating margin -€4,850
down €4,850 (-34.7%), from €13,964 to €9,114
- Taxes +€4,449
up €4,449 (+2,112%), from €211 to €4,660
- Write-downs -€2,241
new in 2025: -€2,241
- Staff costs +€1,743
up €1,743 (+32.6%), from €5,339 to €7,082
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 | €442,847 | €440,208 | -€2,640 | -0.6% |
| Formation expenses | 20 | - | €17,887 | +€17,887 | |
| Fixed assets | 21/28 | €239,988 | €231,764 | -€8,224 | -3.4% |
| Intangible fixed assets | 21 | €7,800 | €5,850 | -€1,950 | -25.0% |
| Tangible fixed assets | 22/27 | €231,877 | €225,734 | -€6,142 | -2.6% |
| Land and buildings | 22 | €209,996 | €209,996 | = | 0.0% |
| Plant, machinery and equipment | 23 | €10,948 | €8,383 | -€2,565 | -23.4% |
| Furniture and vehicles | 24 | €10,933 | €7,355 | -€3,577 | -32.7% |
| Financial fixed assets | 28 | €311 | €180 | -€131 | -42.2% |
| Current assets | 29/58 | €202,859 | €190,556 | -€12,303 | -6.1% |
| Stocks and contracts in progress | 3 | €26,966 | €27,521 | +€555 | +2.1% |
| Stocks | 30/36 | €26,966 | €27,521 | +€555 | +2.1% |
| Amounts receivable within one year | 40/41 | €67,394 | €42,744 | -€24,650 | -36.6% |
| Trade receivables | 40 | €58,296 | €33,109 | -€25,187 | -43.2% |
| Other amounts receivable | 41 | €9,099 | €9,635 | +€537 | +5.9% |
| Current investments | 50/53 | €25,141 | €25,141 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €71,848 | €88,914 | +€17,067 | +23.8% |
| Deferred charges and accrued income | 490/1 | €11,510 | €6,235 | -€5,275 | -45.8% |
| Total equity and liabilities | 10/49 | €442,847 | €440,208 | -€2,640 | -0.6% |
| Equity | 10/15 | €415,346 | €415,100 | -€246 | -0.1% |
| Contributions | 10/11 | €125,000 | €125,000 | = | 0.0% |
| Capital | 10 | €125,000 | €125,000 | = | 0.0% |
| Issued capital | 100 | €125,000 | €125,000 | = | 0.0% |
| Revaluation surpluses | 12 | €262,130 | €262,130 | = | 0.0% |
| Reserves | 13 | €41,800 | €27,800 | -€14,000 | -33.5% |
| Non-distributable reserves | 130/1 | €12,500 | €12,500 | = | 0.0% |
| Legal reserve | 130 | €12,500 | €12,500 | = | 0.0% |
| Distributable reserves | 133 | €29,300 | €15,300 | -€14,000 | -47.8% |
| Profit (loss) carried forward | 14 | -€13,584 | €170 | +€13,754 | |
| Amounts payable | 17/49 | €27,501 | €25,107 | -€2,394 | -8.7% |
| Amounts payable within one year | 42/48 | €27,501 | €25,107 | -€2,394 | -8.7% |
| Trade debts | 44 | €20,685 | €20,804 | +€119 | +0.6% |
| Suppliers | 440/4 | €20,685 | €20,804 | +€119 | +0.6% |
| Taxes, remuneration and social security | 45 | €6,816 | €4,303 | -€2,513 | -36.9% |
| Taxes | 450/3 | €6,326 | €4,081 | -€2,244 | -35.5% |
| Remuneration and social security | 454/9 | €491 | €222 | -€269 | -54.7% |
| Remuneration, social security and pensions | 62 | €5,339 | €7,082 | +€1,743 | +32.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,076 | €12,108 | -€5,968 | -33.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | -€2,241 | -€2,241 | |
| Other operating charges | 640/8 | €3,478 | €3,052 | -€425 | -12.2% |
| Operating charges capitalised as restructuring costs | 649 | - | -€17,887 | -€17,887 | |
| Non-recurring operating charges | 66A | €168 | €2,241 | +€2,073 | +1,232% |
| Gross operating margin | 9900 | €13,964 | €9,114 | -€4,850 | -34.7% |
| Operating profit (loss) | 9901 | -€13,097 | €4,758 | +€17,856 | |
| Financial income | 75/76B | €416 | €584 | +€167 | +40.2% |
| Recurring financial income | 75 | €416 | €584 | +€167 | +40.2% |
| Financial charges | 65/66B | €714 | €928 | +€214 | +29.9% |
| Recurring financial charges | 65 | €714 | €928 | +€214 | +29.9% |
| Profit (loss) for the period before taxes | 9903 | -€13,395 | €4,414 | +€17,810 | |
| Income taxes | 67/77 | €211 | €4,660 | +€4,449 | +2,112% |
| Profit (loss) for the period | 9904 | -€13,606 | -€246 | +€13,360 | +98.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€13,606 | -€246 | +€13,360 | +98.2% |
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 16 October 2026 via checked.be.