Depaepe: 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.
Depaepe
Largest movements
- Receivables within one year +€9,255
up €9,255 (+5.4%), from €171,084 to €180,339
of which Other amounts receivable: +€14,809
- Other debts +€22,650
up €22,650 (+37.7%), from €60,156 to €82,806
- Profit (loss) carried forward -€12,745
down €12,745 (-74.8%), from -€17,049 to -€29,794
- Gross operating margin -€10,509
down €10,509, from €7,289 to -€3,220
- Financial charges +€1,421
up €1,421 (+32.6%), from €4,357 to €5,778
- Other operating charges +€1,355
up €1,355 (+109%), from €1,239 to €2,593
- Depreciation +€196
up €196 (+23.2%), from €843 to €1,039
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €177,694 | €185,709 | +€8,015 | +4.5% |
| Fixed assets | 21/28 | €3,972 | €2,933 | -€1,039 | -26.2% |
| Tangible fixed assets | 22/27 | €2,672 | €1,633 | -€1,039 | -38.9% |
| Plant, machinery and equipment | 23 | €884 | €540 | -€344 | -38.9% |
| Furniture and vehicles | 24 | €1,788 | €1,093 | -€695 | -38.9% |
| Financial fixed assets | 28 | €1,300 | €1,300 | = | 0.0% |
| Current assets | 29/58 | €173,722 | €182,776 | +€9,053 | +5.2% |
| Amounts receivable within one year | 40/41 | €171,084 | €180,339 | +€9,255 | +5.4% |
| Trade receivables | 40 | €169,666 | €164,112 | -€5,553 | -3.3% |
| Other amounts receivable | 41 | €1,418 | €16,227 | +€14,809 | +1,044% |
| Cash at bank and in hand | 54/58 | €2,113 | €1,892 | -€222 | -10.5% |
| Deferred charges and accrued income | 490/1 | €525 | €545 | +€20 | +3.7% |
| Total equity and liabilities | 10/49 | €177,694 | €185,709 | +€8,015 | +4.5% |
| Equity | 10/15 | €34,011 | €21,266 | -€12,745 | -37.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €32,460 | €32,460 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €30,600 | €30,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€17,049 | -€29,794 | -€12,745 | -74.8% |
| Provisions and deferred taxes | 16 | €28,039 | €28,039 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €28,039 | €28,039 | = | 0.0% |
| Pensions and similar obligations | 160 | €28,039 | €28,039 | = | 0.0% |
| Amounts payable | 17/49 | €115,644 | €136,404 | +€20,759 | +18.0% |
| Amounts payable within one year | 42/48 | €115,644 | €136,404 | +€20,759 | +18.0% |
| Financial debts | 43 | €50,000 | €50,000 | = | 0.0% |
| Credit institutions | 430/8 | €50,000 | €50,000 | = | 0.0% |
| Trade debts | 44 | €4,298 | €2,760 | -€1,538 | -35.8% |
| Suppliers | 440/4 | €4,298 | €2,760 | -€1,538 | -35.8% |
| Taxes, remuneration and social security | 45 | €1,190 | €838 | -€353 | -29.6% |
| Taxes | 450/3 | €1,190 | €838 | -€353 | -29.6% |
| Other amounts payable | 47/48 | €60,156 | €82,806 | +€22,650 | +37.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €843 | €1,039 | +€196 | +23.2% |
| Other operating charges | 640/8 | €1,239 | €2,593 | +€1,355 | +109% |
| Gross operating margin | 9900 | €7,289 | -€3,220 | -€10,509 | |
| Operating profit (loss) | 9901 | €5,207 | -€6,852 | -€12,060 | |
| Financial income | 75/76B | €43 | €23 | -€20 | -46.2% |
| Recurring financial income | 75 | €43 | €23 | -€20 | -46.2% |
| Financial charges | 65/66B | €4,357 | €5,778 | +€1,421 | +32.6% |
| Recurring financial charges | 65 | €4,357 | €5,778 | +€1,421 | +32.6% |
| Profit (loss) for the period before taxes | 9903 | €893 | -€12,608 | -€13,501 | |
| Income taxes | 67/77 | €164 | €137 | -€27 | -16.5% |
| Profit (loss) for the period | 9904 | €729 | -€12,745 | -€13,474 | |
| Profit (loss) for the period to be appropriated | 9905 | €729 | -€12,745 | -€13,474 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.