DEPA-Appelmans Construct: 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.
DEPA-Appelmans Construct
Largest movements
- Receivables within one year +€11,990
up €11,990 (+18.1%), from €66,121 to €78,111
of which Trade receivables: +€12,872
- Tangible fixed assets -€8,201
down €8,201 (-47.1%), from €17,429 to €9,228
of which Furniture and vehicles: -€6,600
- Deferred charges and accrued income +€1,911
up €1,911 (+246%), from €776 to €2,686
- Current portion of long-term debt -€5,988
down €5,988 (-29.6%), from €20,219 to €14,230
- Trade debts +€4,763
up €4,763 (+16.6%), from €28,709 to €33,473
- Reserves +€4,090
up €4,090 (+44.9%), from €9,113 to €13,203
of which Distributable reserves: +€4,090
- Short-term financial debts +€1,162
up €1,162 (+30.8%), from €3,773 to €4,935
- Tax, wage and social debts +€1,042
up €1,042 (+594%), from €175 to €1,217
- Gross operating margin +€7,294
up €7,294 (+91.4%), from €7,984 to €15,278
- Taxes +€1,020
up €1,020 (+4,652%), from €22 to €1,042
- Depreciation -€811
down €811 (-9.0%), from €9,012 to €8,201
- Financial charges -€767
down €767 (-44.1%), from €1,739 to €972
- Other operating charges -€375
down €375 (-27.6%), from €1,361 to €985
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €86,237 | €91,307 | +€5,069 | +5.9% |
| Fixed assets | 21/28 | €17,979 | €9,778 | -€8,201 | -45.6% |
| Tangible fixed assets | 22/27 | €17,429 | €9,228 | -€8,201 | -47.1% |
| Land and buildings | 22 | €2,433 | €1,717 | -€717 | -29.4% |
| Plant, machinery and equipment | 23 | €1,796 | €912 | -€884 | -49.2% |
| Furniture and vehicles | 24 | €13,200 | €6,600 | -€6,600 | -50.0% |
| Financial fixed assets | 28 | €550 | €550 | = | 0.0% |
| Current assets | 29/58 | €68,258 | €81,528 | +€13,270 | +19.4% |
| Amounts receivable within one year | 40/41 | €66,121 | €78,111 | +€11,990 | +18.1% |
| Trade receivables | 40 | €25,337 | €38,209 | +€12,872 | +50.8% |
| Other amounts receivable | 41 | €40,784 | €39,902 | -€881 | -2.2% |
| Cash at bank and in hand | 54/58 | €1,361 | €730 | -€631 | -46.3% |
| Deferred charges and accrued income | 490/1 | €776 | €2,686 | +€1,911 | +246% |
| Total equity and liabilities | 10/49 | €86,237 | €91,307 | +€5,069 | +5.9% |
| Equity | 10/15 | €21,884 | €25,975 | +€4,090 | +18.7% |
| Contributions | 10/11 | €7,000 | €7,000 | = | 0.0% |
| Reserves | 13 | €9,113 | €13,203 | +€4,090 | +44.9% |
| Non-distributable reserves | 130/1 | €2,100 | €2,100 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,100 | €2,100 | = | 0.0% |
| Distributable reserves | 133 | €7,013 | €11,103 | +€4,090 | +58.3% |
| Profit (loss) carried forward | 14 | €5,772 | €5,772 | = | 0.0% |
| Amounts payable | 17/49 | €64,353 | €65,332 | +€979 | +1.5% |
| Amounts payable after more than one year | 17 | €11,417 | €11,417 | = | 0.0% |
| Financial debts | 170/4 | €11,417 | €11,417 | = | 0.0% |
| Amounts payable within one year | 42/48 | €52,936 | €53,915 | +€979 | +1.8% |
| Current portion of amounts payable after more than one year | 42 | €20,219 | €14,230 | -€5,988 | -29.6% |
| Financial debts | 43 | €3,773 | €4,935 | +€1,162 | +30.8% |
| Credit institutions | 430/8 | €3,773 | €4,935 | +€1,162 | +30.8% |
| Trade debts | 44 | €28,709 | €33,473 | +€4,763 | +16.6% |
| Suppliers | 440/4 | €28,709 | €33,473 | +€4,763 | +16.6% |
| Taxes, remuneration and social security | 45 | €175 | €1,217 | +€1,042 | +594% |
| Taxes | 450/3 | €175 | €1,217 | +€1,042 | +594% |
| Other amounts payable | 47/48 | €60 | €60 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,012 | €8,201 | -€811 | -9.0% |
| Other operating charges | 640/8 | €1,361 | €985 | -€375 | -27.6% |
| Gross operating margin | 9900 | €7,984 | €15,278 | +€7,294 | +91.4% |
| Operating profit (loss) | 9901 | -€2,389 | €6,091 | +€8,481 | |
| Financial income | 75/76B | - | €12 | +€12 | |
| Recurring financial income | 75 | - | €12 | +€12 | |
| Financial charges | 65/66B | €1,739 | €972 | -€767 | -44.1% |
| Recurring financial charges | 65 | €1,739 | €972 | -€767 | -44.1% |
| Profit (loss) for the period before taxes | 9903 | -€4,128 | €5,132 | +€9,260 | |
| Income taxes | 67/77 | €22 | €1,042 | +€1,020 | +4,652% |
| Profit (loss) for the period | 9904 | -€4,150 | €4,090 | +€8,240 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,150 | €4,090 | +€8,240 |
Source: filed annual accounts (NBB), financial years ended 30 June 2022 and 30 June 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.