DEPANAF: 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.
DEPANAF
Largest movements
- Cash +€11,053
up €11,053 (+922%), from €1,199 to €12,253
mainly Net result for the year (+€8,532) and Depreciation (+€2,307)
- Tangible fixed assets -€2,307
down €2,307 (-29.1%), from €7,930 to €5,623
of which Land and buildings: -€1,819
- Profit (loss) carried forward +€8,532
up €8,532 (+97.3%), from €8,766 to €17,298
- Other debts -€946
down €946 (-59.3%), from €1,595 to €650
- Tax, wage and social debts +€692
new in 2024: €692
- Gross operating margin +€8,360
up €8,360 (+282%), from €2,970 to €11,330
- Financial charges -€114
down €114 (-23.5%), from €488 to €373
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 | €47,690 | €55,942 | +€8,252 | +17.3% |
| Fixed assets | 21/28 | €7,930 | €5,623 | -€2,307 | -29.1% |
| Tangible fixed assets | 22/27 | €7,930 | €5,623 | -€2,307 | -29.1% |
| Land and buildings | 22 | €6,015 | €4,196 | -€1,819 | -30.2% |
| Furniture and vehicles | 24 | €1,915 | €1,427 | -€488 | -25.5% |
| Current assets | 29/58 | €39,760 | €50,319 | +€10,559 | +26.6% |
| Stocks and contracts in progress | 3 | €11,368 | €10,846 | -€523 | -4.6% |
| Stocks | 30/36 | €11,368 | €10,846 | -€523 | -4.6% |
| Amounts receivable within one year | 40/41 | €25,643 | €25,597 | -€46 | -0.2% |
| Trade receivables | 40 | €25,597 | €25,597 | = | 0.0% |
| Other amounts receivable | 41 | €46 | - | -€46 | |
| Cash at bank and in hand | 54/58 | €1,199 | €12,253 | +€11,053 | +922% |
| Deferred charges and accrued income | 490/1 | €1,550 | €1,624 | +€74 | +4.8% |
| Total equity and liabilities | 10/49 | €47,690 | €55,942 | +€8,252 | +17.3% |
| Equity | 10/15 | €44,091 | €52,622 | +€8,532 | +19.4% |
| Contributions | 10/11 | €8,676 | €8,676 | = | 0.0% |
| Reserves | 13 | €26,649 | €26,649 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €24,789 | €24,789 | = | 0.0% |
| Profit (loss) carried forward | 14 | €8,766 | €17,298 | +€8,532 | +97.3% |
| Amounts payable | 17/49 | €3,600 | €3,320 | -€280 | -7.8% |
| Amounts payable within one year | 42/48 | €3,600 | €3,320 | -€280 | -7.8% |
| Trade debts | 44 | €2,004 | €1,979 | -€26 | -1.3% |
| Suppliers | 440/4 | €2,004 | €1,979 | -€26 | -1.3% |
| Taxes, remuneration and social security | 45 | - | €692 | +€692 | |
| Taxes | 450/3 | - | €692 | +€692 | |
| Other amounts payable | 47/48 | €1,595 | €650 | -€946 | -59.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,307 | €2,307 | = | 0.0% |
| Other operating charges | 640/8 | €109 | €118 | +€9 | +8.3% |
| Gross operating margin | 9900 | €2,970 | €11,330 | +€8,360 | +282% |
| Operating profit (loss) | 9901 | €554 | €8,905 | +€8,351 | +1,508% |
| Financial charges | 65/66B | €488 | €373 | -€114 | -23.5% |
| Recurring financial charges | 65 | €488 | €373 | -€114 | -23.5% |
| Profit (loss) for the period before taxes | 9903 | €66 | €8,532 | +€8,466 | +12,796% |
| Profit (loss) for the period | 9904 | €66 | €8,532 | +€8,466 | +12,796% |
| Profit (loss) for the period to be appropriated | 9905 | €66 | €8,532 | +€8,466 | +12,796% |
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 18 October 2026 via checked.be.