DEPA PROJECTS: what changed
Two fiscal 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 PROJECTS
Largest movements
- Stocks and contracts +€72,484
up €72,484 (+36.8%), from €197,138 to €269,623
- Other debts +€46,000
up €46,000 (+40.3%), from €114,039 to €160,039
- Debts after one year +€41,483
up €41,483 (+32.3%), from €128,517 to €170,000
- Profit (loss) carried forward -€10,384
down €10,384 (-15.1%), from -€68,785 to -€79,169
- Trade debts -€5,137
down €5,137 (-41.0%), from €12,537 to €7,400
- Other operating charges -€3,262
no longer reported in 2025 (was €3,262)
- Gross operating margin -€1,999
down €1,999 (-151.6%), from -€1,318 to -€3,317
- Purchases and services -€1,318
no longer reported in 2025 (was €1,318)
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.
Cash bridge derived
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 | €206,792 | €278,722 | +€71,930 | +34.8% |
| Current assets | 29/58 | €206,792 | €278,722 | +€71,930 | +34.8% |
| Stocks and contracts in progress | 3 | €197,138 | €269,623 | +€72,484 | +36.8% |
| Stocks | 30/36 | €197,138 | €269,623 | +€72,484 | +36.8% |
| Amounts receivable within one year | 40/41 | €4,208 | €5,872 | +€1,664 | +39.6% |
| Other amounts receivable | 41 | €4,208 | €5,872 | +€1,664 | +39.6% |
| Cash at bank and in hand | 54/58 | €5,446 | €3,228 | -€2,219 | -40.7% |
| Total equity and liabilities | 10/49 | €206,792 | €278,722 | +€71,930 | +34.8% |
| Equity | 10/15 | -€48,334 | -€58,717 | -€10,384 | -21.5% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€68,785 | -€79,169 | -€10,384 | -15.1% |
| Amounts payable | 17/49 | €255,126 | €337,440 | +€82,314 | +32.3% |
| Amounts payable after more than one year | 17 | €128,517 | €170,000 | +€41,483 | +32.3% |
| Financial debts | 170/4 | €128,517 | €170,000 | +€41,483 | +32.3% |
| Amounts payable within one year | 42/48 | €126,609 | €167,440 | +€40,830 | +32.2% |
| Trade debts | 44 | €12,537 | €7,400 | -€5,137 | -41.0% |
| Suppliers | 440/4 | €12,537 | €7,400 | -€5,137 | -41.0% |
| Taxes, remuneration and social security | 45 | €33 | - | -€33 | |
| Taxes | 450/3 | €33 | - | -€33 | |
| Other amounts payable | 47/48 | €114,039 | €160,039 | +€46,000 | +40.3% |
| Goods, raw materials, services and sundry goods | 60/61 | €1,318 | - | -€1,318 | |
| Other operating charges | 640/8 | €3,262 | - | -€3,262 | |
| Gross operating margin | 9900 | -€1,318 | -€3,317 | -€1,999 | -151.6% |
| Operating profit (loss) | 9901 | -€4,581 | -€3,317 | +€1,264 | +27.6% |
| Financial charges | 65/66B | €7,057 | €7,067 | +€10 | +0.1% |
| Recurring financial charges | 65 | €7,057 | €7,067 | +€10 | +0.1% |
| Profit (loss) for the period before taxes | 9903 | -€11,638 | -€10,384 | +€1,254 | +10.8% |
| Profit (loss) for the period | 9904 | -€11,638 | -€10,384 | +€1,254 | +10.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€11,638 | -€10,384 | +€1,254 | +10.8% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.