A. Depreytere: 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.
A. Depreytere
Largest movements
- Tangible fixed assets -€37,189
down €37,189 (-7.6%), from €491,303 to €454,113
of which Land and buildings: -€36,936
- Cash +€12,395
up €12,395 (+104%), from €11,878 to €24,273
mainly Depreciation (+€38,254) and Trade debts (+€908)
- Receivables within one year +€7,482
up €7,482 (+29.1%), from €25,711 to €33,193
- Profit (loss) carried forward -€16,923
down €16,923 (-11.0%), from -€154,239 to -€171,162
- Depreciation -€151,041
down €151,041 (-79.8%), from €189,295 to €38,254
- Gross operating margin +€4,927
up €4,927 (+18.1%), from €27,211 to €32,138
- Other operating charges +€2,379
up €2,379 (+29.4%), from €8,083 to €10,462
- Taxes +€1,889
up €1,889, from €0 to €1,889
- Financial income +€595
up €595 (+59.3%), from €1,004 to €1,600
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 | €528,891 | €512,179 | -€16,713 | -3.2% |
| Fixed assets | 21/28 | €491,303 | €454,113 | -€37,189 | -7.6% |
| Tangible fixed assets | 22/27 | €491,303 | €454,113 | -€37,189 | -7.6% |
| Land and buildings | 22 | €490,951 | €454,015 | -€36,936 | -7.5% |
| Plant, machinery and equipment | 23 | €351 | €98 | -€253 | -72.1% |
| Current assets | 29/58 | €37,589 | €58,066 | +€20,477 | +54.5% |
| Stocks and contracts in progress | 3 | - | €600 | +€600 | |
| Stocks | 30/36 | - | €600 | +€600 | |
| Amounts receivable within one year | 40/41 | €25,711 | €33,193 | +€7,482 | +29.1% |
| Other amounts receivable | 41 | €25,711 | €33,193 | +€7,482 | +29.1% |
| Cash at bank and in hand | 54/58 | €11,878 | €24,273 | +€12,395 | +104% |
| Total equity and liabilities | 10/49 | €528,891 | €512,179 | -€16,713 | -3.2% |
| Equity | 10/15 | €520,337 | €503,413 | -€16,923 | -3.3% |
| Contributions | 10/11 | €672,096 | €672,096 | = | 0.0% |
| Reserves | 13 | €2,479 | €2,479 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,479 | €2,479 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,479 | €2,479 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€154,239 | -€171,162 | -€16,923 | -11.0% |
| Amounts payable | 17/49 | €8,555 | €8,765 | +€210 | +2.5% |
| Amounts payable within one year | 42/48 | €8,555 | €8,765 | +€210 | +2.5% |
| Trade debts | 44 | €746 | €1,655 | +€908 | +122% |
| Suppliers | 440/4 | €746 | €1,655 | +€908 | +122% |
| Taxes, remuneration and social security | 45 | €698 | - | -€698 | |
| Taxes | 450/3 | €698 | - | -€698 | |
| Other amounts payable | 47/48 | €7,111 | €7,111 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €189,295 | €38,254 | -€151,041 | -79.8% |
| Other operating charges | 640/8 | €8,083 | €10,462 | +€2,379 | +29.4% |
| Gross operating margin | 9900 | €27,211 | €32,138 | +€4,927 | +18.1% |
| Operating profit (loss) | 9901 | -€170,166 | -€16,578 | +€153,588 | +90.3% |
| Financial income | 75/76B | €1,004 | €1,600 | +€595 | +59.3% |
| Recurring financial income | 75 | €1,004 | €1,600 | +€595 | +59.3% |
| Financial charges | 65/66B | €44 | €56 | +€13 | +29.0% |
| Recurring financial charges | 65 | €44 | €56 | +€13 | +29.0% |
| Profit (loss) for the period before taxes | 9903 | -€169,205 | -€15,034 | +€154,171 | +91.1% |
| Income taxes | 67/77 | €0 | €1,889 | +€1,889 | |
| Profit (loss) for the period | 9904 | -€169,205 | -€16,923 | +€152,282 | +90.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€169,205 | -€16,923 | +€152,282 | +90.0% |
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 24 October 2026 via checked.be.