Digital Transformers: 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 Transformers
Largest movements
- Receivables within one year +€430,065
up €430,065 (+178%), from €241,200 to €671,266
of which Trade receivables: +€441,598
- Cash +€25,169
up €25,169 (+25.8%), from €97,651 to €122,820
mainly Trade debts (+€328,056) and Net result for the year (+€96,406)
- Financial fixed assets +€20,000
up €20,000 (+159%), from €12,585 to €32,585
- Trade debts +€328,056
up €328,056 (+434%), from €75,623 to €403,679
- Reserves +€96,406
up €96,406 (+18.1%), from €531,825 to €628,231
- Other debts +€61,490
up €61,490 (+81.9%), from €75,117 to €136,607
- Financial charges +€16,109
up €16,109 (+413,060%), from €4 to €16,113
- Staff costs +€11,685
up €11,685 (+8.8%), from €132,392 to €144,077
- Taxes -€5,733
down €5,733 (-14.4%), from €39,702 to €33,969
- Depreciation -€4,348
down €4,348 (-94.3%), from €4,609 to €261
- Gross operating margin +€3,085
up €3,085 (+1.1%), from €286,468 to €289,552
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 | €725,115 | €1,200,088 | +€474,973 | +65.5% |
| Fixed assets | 21/28 | €13,369 | €33,108 | +€19,739 | +148% |
| Tangible fixed assets | 22/27 | €784 | €523 | -€261 | -33.3% |
| Plant, machinery and equipment | 23 | €523 | €523 | = | 0.0% |
| Furniture and vehicles | 24 | €261 | €0 | -€261 | -100% |
| Financial fixed assets | 28 | €12,585 | €32,585 | +€20,000 | +159% |
| Current assets | 29/58 | €711,745 | €1,166,979 | +€455,234 | +64.0% |
| Amounts receivable after more than one year | 29 | €70,000 | €70,000 | = | 0.0% |
| Other amounts receivable | 291 | €70,000 | €70,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €241,200 | €671,266 | +€430,065 | +178% |
| Trade receivables | 40 | €213,539 | €655,137 | +€441,598 | +207% |
| Other amounts receivable | 41 | €27,662 | €16,129 | -€11,533 | -41.7% |
| Current investments | 50/53 | €301,665 | €301,665 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €97,651 | €122,820 | +€25,169 | +25.8% |
| Deferred charges and accrued income | 490/1 | €1,229 | €1,229 | = | 0.0% |
| Total equity and liabilities | 10/49 | €725,115 | €1,200,088 | +€474,973 | +65.5% |
| Equity | 10/15 | €538,025 | €634,431 | +€96,406 | +17.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €531,825 | €628,231 | +€96,406 | +18.1% |
| Distributable reserves | 133 | €531,825 | €628,231 | +€96,406 | +18.1% |
| Amounts payable | 17/49 | €187,090 | €565,657 | +€378,567 | +202% |
| Amounts payable within one year | 42/48 | €187,090 | €565,657 | +€378,567 | +202% |
| Trade debts | 44 | €75,623 | €403,679 | +€328,056 | +434% |
| Suppliers | 440/4 | €75,623 | €403,679 | +€328,056 | +434% |
| Taxes, remuneration and social security | 45 | €36,349 | €25,370 | -€10,979 | -30.2% |
| Taxes | 450/3 | €25,090 | €3,969 | -€21,121 | -84.2% |
| Remuneration and social security | 454/9 | €11,259 | €21,401 | +€10,142 | +90.1% |
| Other amounts payable | 47/48 | €75,117 | €136,607 | +€61,490 | +81.9% |
| Non-recurring operating income | 76A | €4,591 | €0 | -€4,591 | -100% |
| Remuneration, social security and pensions | 62 | €132,392 | €144,077 | +€11,685 | +8.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,609 | €261 | -€4,348 | -94.3% |
| Other operating charges | 640/8 | €2,074 | €1,861 | -€213 | -10.2% |
| Gross operating margin | 9900 | €286,468 | €289,552 | +€3,085 | +1.1% |
| Operating profit (loss) | 9901 | €147,393 | €143,353 | -€4,040 | -2.7% |
| Financial income | 75/76B | €2,433 | €3,135 | +€702 | +28.9% |
| Recurring financial income | 75 | €2,433 | €3,135 | +€702 | +28.9% |
| Financial charges | 65/66B | €4 | €16,113 | +€16,109 | +413,060% |
| Recurring financial charges | 65 | €4 | €16,113 | +€16,109 | +413,060% |
| Profit (loss) for the period before taxes | 9903 | €149,822 | €130,375 | -€19,447 | -13.0% |
| Income taxes | 67/77 | €39,702 | €33,969 | -€5,733 | -14.4% |
| Profit (loss) for the period | 9904 | €110,119 | €96,406 | -€13,713 | -12.5% |
| Profit (loss) for the period to be appropriated | 9905 | €110,119 | €96,406 | -€13,713 | -12.5% |
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 26 October 2026 via checked.be.