DEBORAH DEPESTEL: 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.
DEBORAH DEPESTEL
Largest movements
- Current investments -€100,000
down €100,000 (-100%), from €100,000 to €0
- Receivables within one year -€21,844
down €21,844 (-29.6%), from €73,800 to €51,956
- Cash -€8,176
down €8,176 (-27.2%), from €30,017 to €21,842
mainly Contributions, distributions and other (-€283,810) and Tax, wage and social debts (-€15,529)
- Tangible fixed assets -€3,348
down €3,348 (-18.8%), from €17,790 to €14,442
of which Furniture and vehicles: -€1,867
- Deferred charges and accrued income +€2,774
up €2,774 (+19.3%), from €14,355 to €17,129
- Reserves -€213,349
down €213,349 (-100%), from €213,349 to €0
- Other debts +€100,655
up €100,655, from €0 to €100,655
- Tax, wage and social debts -€15,529
down €15,529 (-80.7%), from €19,243 to €3,714
of which Taxes: -€16,529
- Trade debts -€2,369
down €2,369 (-100%), from €2,369 to €0
- Financial income +€3,100
up €3,100, from €0 to €3,100
- Gross operating margin -€2,704
down €2,704 (-2.8%), from €96,086 to €93,381
- Depreciation -€1,487
down €1,487 (-30.8%), from €4,835 to €3,348
- Financial charges +€1,350
up €1,350 (+721%), from €187 to €1,537
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 | €235,961 | €105,368 | -€130,593 | -55.3% |
| Fixed assets | 21/28 | €17,790 | €14,442 | -€3,348 | -18.8% |
| Tangible fixed assets | 22/27 | €17,790 | €14,442 | -€3,348 | -18.8% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €4,107 | €2,240 | -€1,867 | -45.5% |
| Other tangible fixed assets | 26 | €13,683 | €12,202 | -€1,481 | -10.8% |
| Current assets | 29/58 | €218,171 | €90,926 | -€127,245 | -58.3% |
| Amounts receivable within one year | 40/41 | €73,800 | €51,956 | -€21,844 | -29.6% |
| Other amounts receivable | 41 | €73,800 | €51,956 | -€21,844 | -29.6% |
| Current investments | 50/53 | €100,000 | €0 | -€100,000 | -100% |
| Cash at bank and in hand | 54/58 | €30,017 | €21,842 | -€8,176 | -27.2% |
| Deferred charges and accrued income | 490/1 | €14,355 | €17,129 | +€2,774 | +19.3% |
| Total equity and liabilities | 10/49 | €235,961 | €105,368 | -€130,593 | -55.3% |
| Equity | 10/15 | €214,349 | €1,000 | -€213,349 | -99.5% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €213,349 | €0 | -€213,349 | -100% |
| Distributable reserves | 133 | €213,349 | €0 | -€213,349 | -100% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €21,612 | €104,368 | +€82,756 | +383% |
| Amounts payable within one year | 42/48 | €21,612 | €104,368 | +€82,756 | +383% |
| Trade debts | 44 | €2,369 | €0 | -€2,369 | -100% |
| Suppliers | 440/4 | €2,369 | €0 | -€2,369 | -100% |
| Taxes, remuneration and social security | 45 | €19,243 | €3,714 | -€15,529 | -80.7% |
| Taxes | 450/3 | €19,243 | €2,714 | -€16,529 | -85.9% |
| Remuneration and social security | 454/9 | - | €1,000 | +€1,000 | |
| Other amounts payable | 47/48 | €0 | €100,655 | +€100,655 | |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,835 | €3,348 | -€1,487 | -30.8% |
| Other operating charges | 640/8 | €800 | €1,120 | +€320 | +40.0% |
| Gross operating margin | 9900 | €96,086 | €93,381 | -€2,704 | -2.8% |
| Operating profit (loss) | 9901 | €90,450 | €88,914 | -€1,537 | -1.7% |
| Financial income | 75/76B | €0 | €3,100 | +€3,100 | |
| Recurring financial income | 75 | €0 | €3,100 | +€3,100 | |
| Financial charges | 65/66B | €187 | €1,537 | +€1,350 | +721% |
| Recurring financial charges | 65 | €187 | €1,537 | +€1,350 | +721% |
| Profit (loss) for the period before taxes | 9903 | €90,263 | €90,476 | +€213 | +0.2% |
| Income taxes | 67/77 | €19,093 | €20,015 | +€922 | +4.8% |
| Profit (loss) for the period | 9904 | €71,170 | €70,461 | -€709 | -1.0% |
| Profit (loss) for the period to be appropriated | 9905 | €71,170 | €70,461 | -€709 | -1.0% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.