DEPA HOLDING: 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.
What changed
DEPA HOLDING
NACE 70.200, Business and other management consultancy
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€1.6m
2024 · €1.7m-€66,762
Equity
€20.1m
2024 · €18.6m+€1.5m
Cash
€2.0m
2024 · €532,012+€1.4m
Balance sheet total
€21.2m
2024 · €19.5m+€1.7m
Largest movements
Assets
- Cash +€1.4m
up €1.4m (+271%), from €532,012 to €2.0m
mainly Net result for the year (+€1.6m) and Receivables within one year (+€547,614)
- Receivables within one year -€547,614
down €547,614 (-57.0%), from €960,342 to €412,728
of which Other amounts receivable: -€569,670
- Receivables after one year +€450,000
up €450,000 (+16.4%), from €2.7m to €3.2m
- Current investments +€305,319
up €305,319 (+10.7%), from €2.8m to €3.1m
Equity and liabilities
- Profit (loss) carried forward +€1.5m
up €1.5m (+14.0%), from €10.4m to €11.8m
Income statement
- Turnover +€303,138
up €303,138 (+21.3%), from €1.4m to €1.7m
- Services and other goods +€163,516
up €163,516 (+16.1%), from €1.0m to €1.2m
- Staff costs +€147,779
up €147,779 (+69.5%), from €212,648 to €360,426
- Financial charges +€70,745
up €70,745 (+678%), from €10,428 to €81,173
- Other operating charges +€24,288
up €24,288 (+104%), from €23,439 to €47,727
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.
Result 2024
€1.7m
Turnover
+€303,138
Other operating income
-€1,343
Services and other goods
-€163,516
Staff costs
-€147,779
Depreciation
+€16,888
Other operating charges
-€24,288
Other operating items
+€18,051
Financial income
-€14,624
Financial charges
-€70,745
Taxes
+€17,455
Result 2025
€1.6m
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€2.1m
Investment
-€439,454
Financing
-€180,856
Cash 2024
€532,012
From operations (derived)
+€2.1m
Net result for the year
+€1.6m
Depreciation
+€139,703
Receivables after one year
-€450,000
Receivables within one year
+€547,614
Deferred charges and accrued income
-€18,855
Trade debts
-€11,474
Tax, wage and social debts
+€23,662
Other debts
+€201,449
Accrued charges and deferred income
-€347
Investment (derived)
-€439,454
Investment in fixed assets (net)
-€134,135
Current investments
-€305,319
Financing
-€180,856
Contributions, distributions and other
-€180,856
Cash 2025
€2.0m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €19,549,083 | €21,214,052 | +€1.7m | +8.5% |
| Fixed assets | 21/28 | €12,364,846 | €12,359,278 | -€5,568 | 0.0% |
| Intangible fixed assets | 21 | €3,718 | €855 | -€2,863 | -77.0% |
| Tangible fixed assets | 22/27 | €3,450,598 | €3,447,893 | -€2,705 | -0.1% |
| Land and buildings | 22 | €3,334,487 | €3,295,208 | -€39,280 | -1.2% |
| Plant, machinery and equipment | 23 | €8,814 | €5,155 | -€3,660 | -41.5% |
| Furniture and vehicles | 24 | €82,907 | €128,508 | +€45,601 | +55.0% |
| Other tangible fixed assets | 26 | €24,389 | €19,022 | -€5,367 | -22.0% |
| Financial fixed assets | 28 | €8,910,530 | €8,910,530 | = | 0.0% |
| Affiliated companies | 280/1 | €8,109,554 | €8,109,554 | = | 0.0% |
| Participating interests | 280 | €8,109,554 | €8,109,554 | = | 0.0% |
| Companies linked by participating interests | 282/3 | €800,976 | €800,976 | = | 0.0% |
| Participating interests | 282 | €800,976 | €800,976 | = | 0.0% |
| Current assets | 29/58 | €7,184,237 | €8,854,774 | +€1.7m | +23.3% |
| Amounts receivable after more than one year | 29 | €2,745,000 | €3,195,000 | +€450,000 | +16.4% |
| Other amounts receivable | 291 | €2,745,000 | €3,195,000 | +€450,000 | +16.4% |
| Stocks and contracts in progress | 3 | €0 | €0 | = | |
| Amounts receivable within one year | 40/41 | €960,342 | €412,728 | -€547,614 | -57.0% |
| Trade receivables | 40 | €133,102 | €155,159 | +€22,057 | +16.6% |
| Other amounts receivable | 41 | €827,239 | €257,569 | -€569,670 | -68.9% |
| Current investments | 50/53 | €2,842,920 | €3,148,239 | +€305,319 | +10.7% |
| Other investments | 51/53 | €2,842,920 | €3,148,239 | +€305,319 | +10.7% |
| Cash at bank and in hand | 54/58 | €532,012 | €1,975,989 | +€1.4m | +271% |
| Deferred charges and accrued income | 490/1 | €103,964 | €122,819 | +€18,855 | +18.1% |
| Total equity and liabilities | 10/49 | €19,549,083 | €21,214,052 | +€1.7m | +8.5% |
| Equity | 10/15 | €18,599,746 | €20,051,424 | +€1.5m | +7.8% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €8,182,000 | €8,182,000 | = | 0.0% |
| Distributable reserves | 133 | €8,182,000 | €8,182,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €10,397,746 | €11,849,424 | +€1.5m | +14.0% |
| Amounts payable | 17/49 | €949,337 | €1,162,628 | +€213,291 | +22.5% |
| Amounts payable within one year | 42/48 | €940,866 | €1,154,503 | +€213,638 | +22.7% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €69,379 | €57,905 | -€11,474 | -16.5% |
| Suppliers | 440/4 | €69,379 | €57,905 | -€11,474 | -16.5% |
| Taxes, remuneration and social security | 45 | €65,428 | €89,089 | +€23,662 | +36.2% |
| Taxes | 450/3 | €27,109 | €40,403 | +€13,294 | +49.0% |
| Remuneration and social security | 454/9 | €38,319 | €48,686 | +€10,367 | +27.1% |
| Other amounts payable | 47/48 | €806,059 | €1,007,509 | +€201,449 | +25.0% |
| Accrued charges and deferred income | 492/3 | €8,472 | €8,125 | -€347 | -4.1% |
| Operating income | 70/76A | €1,436,890 | €1,756,735 | +€319,846 | +22.3% |
| Turnover | 70 | €1,420,836 | €1,723,974 | +€303,138 | +21.3% |
| Other operating income | 74 | €16,054 | €14,711 | -€1,343 | -8.4% |
| Non-recurring operating income | 76A | €0 | €18,051 | +€18,051 | |
| Operating charges | 60/66A | €1,411,132 | €1,729,826 | +€318,694 | +22.6% |
| Services and other goods | 61 | €1,018,454 | €1,181,969 | +€163,516 | +16.1% |
| Remuneration, social security and pensions | 62 | €212,648 | €360,426 | +€147,779 | +69.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €156,591 | €139,703 | -€16,888 | -10.8% |
| Other operating charges | 640/8 | €23,439 | €47,727 | +€24,288 | +104% |
| Operating profit (loss) | 9901 | €25,758 | €26,909 | +€1,151 | +4.5% |
| Financial income | 75/76B | €1,737,005 | €1,722,381 | -€14,624 | -0.8% |
| Recurring financial income | 75 | €1,737,005 | €1,722,381 | -€14,624 | -0.8% |
| Income from financial fixed assets | 750 | €1,667,410 | €1,643,497 | -€23,913 | -1.4% |
| Other financial income | 752/9 | €69,594 | €78,884 | +€9,290 | +13.3% |
| Financial charges | 65/66B | €10,428 | €81,173 | +€70,745 | +678% |
| Recurring financial charges | 65 | €10,428 | €81,173 | +€70,745 | +678% |
| Debt charges | 650 | €10,427 | €59,839 | +€49,412 | +474% |
| Write-downs on current assets other than stocks, contracts in progress and trade receivables: additions (reversals) | 651 | - | €21,162 | +€21,162 | |
| Other financial charges | 652/9 | €1 | €172 | +€171 | +18,813% |
| Profit (loss) for the period before taxes | 9903 | €1,752,335 | €1,668,117 | -€84,218 | -4.8% |
| Income taxes | 67/77 | €53,039 | €35,583 | -€17,455 | -32.9% |
| Taxes | 670/3 | €53,039 | €35,583 | -€17,455 | -32.9% |
| Profit (loss) for the period | 9904 | €1,699,296 | €1,632,534 | -€66,762 | -3.9% |
| Profit (loss) for the period to be appropriated | 9905 | €1,699,296 | €1,632,534 | -€66,762 | -3.9% |
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 17 October 2026 via checked.be.