DIGITAL PEPPER: what changed
DIGITAL PEPPER
Largest movements
- Cash +€47,797
up €47,797 (+52.1%), from €91,823 to €139,620
mainly Net result for the year (+€34,378) and Trade debts (+€23,918)
- Receivables within one year +€13,273
up €13,273 (+18.1%), from €73,169 to €86,443
of which Trade receivables: +€9,320
- Intangible fixed assets -€4,085
down €4,085 (-78.7%), from €5,190 to €1,105
- Trade debts +€23,918
up €23,918 (+111%), from €21,582 to €45,500
- Reserves +€21,050
up €21,050 (+37.2%), from €56,590 to €77,640
of which Tax-exempt reserves: +€21,050
- Profit (loss) carried forward +€13,328
up €13,328 (+15.6%), from €85,433 to €98,761
- Gross operating margin +€51,421
up €51,421, from -€9,864 to €41,557
- Taxes +€5,499
up €5,499 (+5,272%), from €104 to €5,603
- Depreciation -€2,865
down €2,865 (-41.2%), from €6,950 to €4,085
- Financial income +€1,572
up €1,572 (+62.4%), from €2,519 to €4,091
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €170,182 | €228,898 | +€58,716 | +34.5% |
| Fixed assets | 21/28 | €5,190 | €1,105 | -€4,085 | -78.7% |
| Intangible fixed assets | 21 | €5,190 | €1,105 | -€4,085 | -78.7% |
| Current assets | 29/58 | €164,992 | €227,793 | +€62,801 | +38.1% |
| Amounts receivable within one year | 40/41 | €73,169 | €86,443 | +€13,273 | +18.1% |
| Trade receivables | 40 | €13,106 | €22,426 | +€9,320 | +71.1% |
| Other amounts receivable | 41 | €60,063 | €64,017 | +€3,954 | +6.6% |
| Cash at bank and in hand | 54/58 | €91,823 | €139,620 | +€47,797 | +52.1% |
| Deferred charges and accrued income | 490/1 | - | €1,730 | +€1,730 | |
| Total equity and liabilities | 10/49 | €170,182 | €228,898 | +€58,716 | +34.5% |
| Equity | 10/15 | €148,223 | €182,601 | +€34,378 | +23.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €56,590 | €77,640 | +€21,050 | +37.2% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €54,730 | €75,780 | +€21,050 | +38.5% |
| Profit (loss) carried forward | 14 | €85,433 | €98,761 | +€13,328 | +15.6% |
| Amounts payable | 17/49 | €21,959 | €46,296 | +€24,338 | +111% |
| Amounts payable within one year | 42/48 | €21,959 | €46,296 | +€24,338 | +111% |
| Trade debts | 44 | €21,582 | €45,500 | +€23,918 | +111% |
| Suppliers | 440/4 | €21,582 | €45,500 | +€23,918 | +111% |
| Advances received on contracts in progress | 46 | €229 | €229 | = | 0.0% |
| Taxes, remuneration and social security | 45 | - | €567 | +€567 | |
| Taxes | 450/3 | - | €567 | +€567 | |
| Other amounts payable | 47/48 | €147 | - | -€147 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,950 | €4,085 | -€2,865 | -41.2% |
| Other operating charges | 640/8 | €665 | €968 | +€303 | +45.5% |
| Gross operating margin | 9900 | -€9,864 | €41,557 | +€51,421 | |
| Operating profit (loss) | 9901 | -€17,479 | €36,504 | +€53,983 | |
| Financial income | 75/76B | €2,519 | €4,091 | +€1,572 | +62.4% |
| Recurring financial income | 75 | €2,519 | €4,091 | +€1,572 | +62.4% |
| Financial charges | 65/66B | €460 | €613 | +€154 | +33.4% |
| Recurring financial charges | 65 | €460 | €613 | +€154 | +33.4% |
| Profit (loss) for the period before taxes | 9903 | -€15,420 | €39,982 | +€55,402 | |
| Income taxes | 67/77 | €104 | €5,603 | +€5,499 | +5,272% |
| Profit (loss) for the period | 9904 | -€15,524 | €34,378 | +€49,903 | |
| Transfer to tax-exempt reserves | 689 | - | €21,050 | +€21,050 | |
| Profit (loss) for the period to be appropriated | 9905 | -€15,524 | €13,328 | +€28,853 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.