DEPAREP: 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.
DEPAREP
Largest movements
- Cash +€24,276
up €24,276 (+344%), from €7,060 to €31,337
mainly Net result for the year (+€21,378) and Tax, wage and social debts (+€5,670)
- Intangible fixed assets -€1,607
down €1,607 (-47.8%), from €3,363 to €1,756
- Receivables within one year +€1,372
up €1,372 (+134%), from €1,024 to €2,396
- Formation expenses -€458
down €458 (-53.1%), from €863 to €405
- Profit (loss) carried forward +€21,378
up €21,378 (+384%), from €5,563 to €26,941
- Tax, wage and social debts +€5,670
up €5,670 (+256%), from €2,216 to €7,886
- Other debts -€3,010
no longer reported in 2025 (was €3,010)
- Gross operating margin +€21,931
up €21,931 (+227%), from €9,669 to €31,600
- Taxes +€4,828
up €4,828 (+290%), from €1,667 to €6,496
- Staff costs +€960
new in 2025: €960
- Depreciation +€444
up €444 (+19.5%), from €2,281 to €2,726
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 | €13,877 | €37,790 | +€23,914 | +172% |
| Formation expenses | 20 | €863 | €405 | -€458 | -53.1% |
| Fixed assets | 21/28 | €4,929 | €3,653 | -€1,277 | -25.9% |
| Intangible fixed assets | 21 | €3,363 | €1,756 | -€1,607 | -47.8% |
| Tangible fixed assets | 22/27 | €1,567 | €1,897 | +€330 | +21.1% |
| Furniture and vehicles | 24 | €1,567 | €1,897 | +€330 | +21.1% |
| Current assets | 29/58 | €8,084 | €33,733 | +€25,648 | +317% |
| Amounts receivable within one year | 40/41 | €1,024 | €2,396 | +€1,372 | +134% |
| Trade receivables | 40 | €1,024 | €2,396 | +€1,372 | +134% |
| Cash at bank and in hand | 54/58 | €7,060 | €31,337 | +€24,276 | +344% |
| Total equity and liabilities | 10/49 | €13,877 | €37,790 | +€23,914 | +172% |
| Equity | 10/15 | €7,563 | €28,941 | +€21,378 | +283% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,563 | €26,941 | +€21,378 | +384% |
| Amounts payable | 17/49 | €6,314 | €8,849 | +€2,536 | +40.2% |
| Amounts payable within one year | 42/48 | €6,314 | €8,849 | +€2,536 | +40.2% |
| Trade debts | 44 | €1,088 | €964 | -€124 | -11.4% |
| Suppliers | 440/4 | €1,088 | €964 | -€124 | -11.4% |
| Taxes, remuneration and social security | 45 | €2,216 | €7,886 | +€5,670 | +256% |
| Taxes | 450/3 | €2,216 | €7,886 | +€5,670 | +256% |
| Other amounts payable | 47/48 | €3,010 | - | -€3,010 | |
| Remuneration, social security and pensions | 62 | - | €960 | +€960 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,281 | €2,726 | +€444 | +19.5% |
| Other operating charges | 640/8 | €106 | - | -€106 | |
| Gross operating margin | 9900 | €9,669 | €31,600 | +€21,931 | +227% |
| Operating profit (loss) | 9901 | €7,282 | €27,914 | +€20,632 | +283% |
| Financial charges | 65/66B | €52 | €41 | -€11 | -21.5% |
| Recurring financial charges | 65 | €52 | €41 | -€11 | -21.5% |
| Profit (loss) for the period before taxes | 9903 | €7,231 | €27,874 | +€20,643 | +285% |
| Income taxes | 67/77 | €1,667 | €6,496 | +€4,828 | +290% |
| Profit (loss) for the period | 9904 | €5,563 | €21,378 | +€15,815 | +284% |
| Profit (loss) for the period to be appropriated | 9905 | €5,563 | €21,378 | +€15,815 | +284% |
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 18 October 2026 via checked.be.