DEPAMIDA: 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.
DEPAMIDA
Largest movements
- Current investments +€75,000
new in 2025: €75,000
- Cash -€65,724
down €65,724 (-61.3%), from €107,153 to €41,429
mainly Current investments (-€75,000) and Debts after one year (-€25,858)
- Tangible fixed assets -€15,154
down €15,154 (-26.3%), from €57,672 to €42,518
of which Plant, machinery and equipment: -€12,388
- Intangible fixed assets -€7,000
down €7,000 (-12.0%), from €58,282 to €51,282
- Receivables within one year -€4,155
down €4,155 (-74.7%), from €5,561 to €1,407
of which Trade receivables: -€3,771
- Debts after one year -€25,858
down €25,858 (-23.8%), from €108,562 to €82,705
of which Financial debts: -€13,216
- Other debts +€9,186
new in 2025: €9,186
- Reserves +€2,432
up €2,432 (+4.7%), from €51,327 to €53,759
- Gross operating margin -€52,877
down €52,877 (-40.1%), from €131,999 to €79,123
- Staff costs +€35,729
up €35,729 (+1697.7%), from €2,105 to €37,834
- Depreciation -€19,204
down €19,204 (-39.7%), from €48,315 to €29,111
- Taxes -€17,544
down €17,544 (-92.8%), from €18,902 to €1,358
- Financial charges -€4,248
down €4,248 (-41.1%), from €10,341 to €6,093
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 | €238,320 | €223,828 | -€14,491 | -6.1% |
| Fixed assets | 21/28 | €115,954 | €93,800 | -€22,154 | -19.1% |
| Intangible fixed assets | 21 | €58,282 | €51,282 | -€7,000 | -12.0% |
| Tangible fixed assets | 22/27 | €57,672 | €42,518 | -€15,154 | -26.3% |
| Land and buildings | 22 | €2,034 | €3,467 | +€1,434 | +70.5% |
| Plant, machinery and equipment | 23 | €36,888 | €24,499 | -€12,388 | -33.6% |
| Furniture and vehicles | 24 | €6,742 | €6,052 | -€690 | -10.2% |
| Leasing and similar rights | 25 | €12,008 | €8,499 | -€3,509 | -29.2% |
| Current assets | 29/58 | €122,366 | €130,028 | +€7,663 | +6.3% |
| Stocks and contracts in progress | 3 | €8,713 | €9,046 | +€333 | +3.8% |
| Stocks | 30/36 | €8,713 | €9,046 | +€333 | +3.8% |
| Amounts receivable within one year | 40/41 | €5,561 | €1,407 | -€4,155 | -74.7% |
| Trade receivables | 40 | €5,177 | €1,407 | -€3,771 | -72.8% |
| Other amounts receivable | 41 | €384 | €0 | -€384 | -100.0% |
| Current investments | 50/53 | - | €75,000 | +€75,000 | |
| Cash at bank and in hand | 54/58 | €107,153 | €41,429 | -€65,724 | -61.3% |
| Deferred charges and accrued income | 490/1 | €938 | €3,146 | +€2,209 | +235.5% |
| Total equity and liabilities | 10/49 | €238,320 | €223,828 | -€14,491 | -6.1% |
| Equity | 10/15 | €76,327 | €78,759 | +€2,432 | +3.2% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €51,327 | €53,759 | +€2,432 | +4.7% |
| Distributable reserves | 133 | €51,327 | €53,759 | +€2,432 | +4.7% |
| Amounts payable | 17/49 | €161,993 | €145,069 | -€16,924 | -10.4% |
| Amounts payable after more than one year | 17 | €108,562 | €82,705 | -€25,858 | -23.8% |
| Financial debts | 170/4 | €56,221 | €43,005 | -€13,216 | -23.5% |
| Other amounts payable | 178/9 | €52,341 | €39,699 | -€12,641 | -24.2% |
| Amounts payable within one year | 42/48 | €53,148 | €60,289 | +€7,141 | +13.4% |
| Current portion of amounts payable after more than one year | 42 | €12,596 | €13,216 | +€620 | +4.9% |
| Trade debts | 44 | €21,526 | €20,453 | -€1,073 | -5.0% |
| Suppliers | 440/4 | €21,526 | €20,453 | -€1,073 | -5.0% |
| Taxes, remuneration and social security | 45 | €19,026 | €17,433 | -€1,593 | -8.4% |
| Taxes | 450/3 | €19,026 | €8,677 | -€10,349 | -54.4% |
| Remuneration and social security | 454/9 | - | €8,756 | +€8,756 | |
| Other amounts payable | 47/48 | - | €9,186 | +€9,186 | |
| Accrued charges and deferred income | 492/3 | €283 | €2,076 | +€1,793 | +633.5% |
| Remuneration, social security and pensions | 62 | €2,105 | €37,834 | +€35,729 | +1697.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €48,315 | €29,111 | -€19,204 | -39.7% |
| Other operating charges | 640/8 | €1,597 | €1,458 | -€139 | -8.7% |
| Non-recurring operating charges | 66A | - | €1,105 | +€1,105 | |
| Gross operating margin | 9900 | €131,999 | €79,123 | -€52,877 | -40.1% |
| Operating profit (loss) | 9901 | €79,983 | €9,615 | -€70,368 | -88.0% |
| Financial income | 75/76B | €586 | €268 | -€319 | -54.3% |
| Recurring financial income | 75 | €586 | €268 | -€319 | -54.3% |
| Financial charges | 65/66B | €10,341 | €6,093 | -€4,248 | -41.1% |
| Recurring financial charges | 65 | €10,341 | €6,093 | -€4,248 | -41.1% |
| Profit (loss) for the period before taxes | 9903 | €70,228 | €3,790 | -€66,438 | -94.6% |
| Income taxes | 67/77 | €18,902 | €1,358 | -€17,544 | -92.8% |
| Profit (loss) for the period | 9904 | €51,327 | €2,432 | -€48,894 | -95.3% |
| Profit (loss) for the period to be appropriated | 9905 | €51,327 | €2,432 | -€48,894 | -95.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.