DEPANN'KAIN: 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.
DEPANN'KAIN
Largest movements
- Cash -€6,250
down €6,250 (-29.3%), from €21,331 to €15,081
mainly Trade debts (-€10,467) and Debts after one year (-€5,842)
- Tangible fixed assets -€5,880
down €5,880 (-34.6%), from €16,980 to €11,100
- Receivables within one year +€2,403
up €2,403 (+1.3%), from €180,014 to €182,418
of which Other amounts receivable: +€5,517
- Trade debts -€10,467
down €10,467 (-38.7%), from €27,080 to €16,613
- Reserves +€6,688
up €6,688 (+4.2%), from €160,038 to €166,726
- Debts after one year -€5,842
down €5,842 (-45.3%), from €12,891 to €7,050
- Gross operating margin +€6,282
up €6,282 (+24.8%), from €25,377 to €31,659
- Staff costs +€1,585
up €1,585 (+11.6%), from €13,724 to €15,309
- Taxes +€1,302
up €1,302 (+109%), from €1,197 to €2,499
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €218,450 | €208,723 | -€9,727 | -4.5% |
| Fixed assets | 21/28 | €17,105 | €11,225 | -€5,880 | -34.4% |
| Tangible fixed assets | 22/27 | €16,980 | €11,100 | -€5,880 | -34.6% |
| Leasing and similar rights | 25 | €16,980 | €11,100 | -€5,880 | -34.6% |
| Financial fixed assets | 28 | €125 | €125 | = | 0.0% |
| Current assets | 29/58 | €201,346 | €197,499 | -€3,847 | -1.9% |
| Amounts receivable within one year | 40/41 | €180,014 | €182,418 | +€2,403 | +1.3% |
| Trade receivables | 40 | €68,565 | €65,452 | -€3,113 | -4.5% |
| Other amounts receivable | 41 | €111,449 | €116,966 | +€5,517 | +5.0% |
| Cash at bank and in hand | 54/58 | €21,331 | €15,081 | -€6,250 | -29.3% |
| Total equity and liabilities | 10/49 | €218,450 | €208,723 | -€9,727 | -4.5% |
| Equity | 10/15 | €166,238 | €172,926 | +€6,688 | +4.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €160,038 | €166,726 | +€6,688 | +4.2% |
| Distributable reserves | 133 | €160,038 | €166,726 | +€6,688 | +4.2% |
| Amounts payable | 17/49 | €52,212 | €35,797 | -€16,415 | -31.4% |
| Amounts payable after more than one year | 17 | €12,891 | €7,050 | -€5,842 | -45.3% |
| Financial debts | 170/4 | €12,891 | €7,050 | -€5,842 | -45.3% |
| Amounts payable within one year | 42/48 | €39,321 | €28,748 | -€10,573 | -26.9% |
| Current portion of amounts payable after more than one year | 42 | €5,596 | €5,842 | +€246 | +4.4% |
| Trade debts | 44 | €27,080 | €16,613 | -€10,467 | -38.7% |
| Suppliers | 440/4 | €27,080 | €16,613 | -€10,467 | -38.7% |
| Taxes, remuneration and social security | 45 | €6,645 | €6,293 | -€352 | -5.3% |
| Taxes | 450/3 | €3,365 | €2,883 | -€482 | -14.3% |
| Remuneration and social security | 454/9 | €3,280 | €3,410 | +€130 | +4.0% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €13,724 | €15,309 | +€1,585 | +11.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,880 | €5,880 | = | 0.0% |
| Other operating charges | 640/8 | €437 | €400 | -€38 | -8.6% |
| Gross operating margin | 9900 | €25,377 | €31,659 | +€6,282 | +24.8% |
| Operating profit (loss) | 9901 | €5,336 | €10,070 | +€4,734 | +88.7% |
| Financial income | 75/76B | €62 | €274 | +€213 | +344% |
| Recurring financial income | 75 | €62 | €274 | +€213 | +344% |
| Financial charges | 65/66B | €1,413 | €1,157 | -€256 | -18.1% |
| Recurring financial charges | 65 | €1,413 | €1,157 | -€256 | -18.1% |
| Profit (loss) for the period before taxes | 9903 | €3,985 | €9,187 | +€5,202 | +131% |
| Income taxes | 67/77 | €1,197 | €2,499 | +€1,302 | +109% |
| Profit (loss) for the period | 9904 | €2,788 | €6,688 | +€3,900 | +140% |
| Profit (loss) for the period to be appropriated | 9905 | €2,788 | €6,688 | +€3,900 | +140% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.