DEPARIS PIERRE: 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.
DEPARIS PIERRE
Largest movements
- Tangible fixed assets -€198,014
down €198,014 (-39.0%), from €508,120 to €310,106
of which Land and buildings: -€167,543
- Intangible fixed assets -€119,050
down €119,050 (-13.2%), from €903,049 to €783,999
- Debts after one year -€262,095
down €262,095 (-27.5%), from €953,036 to €690,941
of which Financial debts: -€176,601
- Trade debts -€22,109
down €22,109 (-38.4%), from €57,627 to €35,518
- Current portion of long-term debt -€16,979
down €16,979 (-11.2%), from €151,343 to €134,364
- Tax, wage and social debts -€16,800
down €16,800 (-25.3%), from €66,291 to €49,491
of which Remuneration and social security: -€11,260
- Gross operating margin +€22,148
up €22,148 (+5.9%), from €373,146 to €395,294
- Depreciation -€16,715
down €16,715 (-10.0%), from €167,824 to €151,109
- Staff costs +€6,703
up €6,703 (+3.2%), from €206,296 to €212,999
- Financial charges -€4,062
down €4,062 (-20.6%), from €19,685 to €15,623
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,459,407 | €1,140,898 | -€318,509 | -21.8% |
| Fixed assets | 21/28 | €1,411,169 | €1,094,105 | -€317,064 | -22.5% |
| Intangible fixed assets | 21 | €903,049 | €783,999 | -€119,050 | -13.2% |
| Tangible fixed assets | 22/27 | €508,120 | €310,106 | -€198,014 | -39.0% |
| Land and buildings | 22 | €450,650 | €283,107 | -€167,543 | -37.2% |
| Plant, machinery and equipment | 23 | €57,203 | €26,999 | -€30,204 | -52.8% |
| Furniture and vehicles | 24 | €267 | €0 | -€267 | -100% |
| Current assets | 29/58 | €48,238 | €46,793 | -€1,445 | -3.0% |
| Amounts receivable within one year | 40/41 | €45,981 | €44,584 | -€1,397 | -3.0% |
| Trade receivables | 40 | €33,076 | €35,189 | +€2,113 | +6.4% |
| Other amounts receivable | 41 | €12,905 | €9,394 | -€3,511 | -27.2% |
| Deferred charges and accrued income | 490/1 | €2,257 | €2,209 | -€48 | -2.1% |
| Total equity and liabilities | 10/49 | €1,459,407 | €1,140,898 | -€318,509 | -21.8% |
| Equity | 10/15 | €218,253 | €221,373 | +€3,120 | +1.4% |
| Reserves | 13 | €216,257 | €216,257 | +€0 | 0.0% |
| Tax-exempt reserves | 132 | €18,997 | €18,997 | +€0 | 0.0% |
| Distributable reserves | 133 | €197,260 | €197,260 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,996 | €5,116 | +€3,120 | +156% |
| Amounts payable | 17/49 | €1,241,154 | €919,526 | -€321,628 | -25.9% |
| Amounts payable after more than one year | 17 | €953,036 | €690,941 | -€262,095 | -27.5% |
| Financial debts | 170/4 | €563,758 | €387,157 | -€176,601 | -31.3% |
| Other amounts payable | 178/9 | €389,278 | €303,784 | -€85,494 | -22.0% |
| Amounts payable within one year | 42/48 | €283,721 | €228,585 | -€55,136 | -19.4% |
| Current portion of amounts payable after more than one year | 42 | €151,343 | €134,364 | -€16,979 | -11.2% |
| Financial debts | 43 | €8,460 | €9,212 | +€752 | +8.9% |
| Credit institutions | 430/8 | €8,460 | €9,212 | +€752 | +8.9% |
| Trade debts | 44 | €57,627 | €35,518 | -€22,109 | -38.4% |
| Suppliers | 440/4 | €57,627 | €35,518 | -€22,109 | -38.4% |
| Taxes, remuneration and social security | 45 | €66,291 | €49,491 | -€16,800 | -25.3% |
| Taxes | 450/3 | €10,825 | €5,285 | -€5,540 | -51.2% |
| Remuneration and social security | 454/9 | €55,466 | €44,207 | -€11,260 | -20.3% |
| Accrued charges and deferred income | 492/3 | €4,397 | €0 | -€4,397 | -100% |
| Non-recurring operating income | 76A | €22,635 | €67,152 | +€44,517 | +197% |
| Remuneration, social security and pensions | 62 | €206,296 | €212,999 | +€6,703 | +3.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €167,824 | €151,109 | -€16,715 | -10.0% |
| Other operating charges | 640/8 | €9,940 | €10,669 | +€729 | +7.3% |
| Non-recurring operating charges | 66A | €1,239 | €1,337 | +€98 | +7.9% |
| Gross operating margin | 9900 | €373,146 | €395,294 | +€22,148 | +5.9% |
| Operating profit (loss) | 9901 | -€12,153 | €19,179 | +€31,332 | |
| Financial charges | 65/66B | €19,685 | €15,623 | -€4,062 | -20.6% |
| Recurring financial charges | 65 | €19,685 | €15,623 | -€4,062 | -20.6% |
| Profit (loss) for the period before taxes | 9903 | -€31,838 | €3,557 | +€35,395 | |
| Income taxes | 67/77 | €606 | €437 | -€169 | -27.9% |
| Profit (loss) for the period | 9904 | -€32,444 | €3,120 | +€35,564 | |
| Profit (loss) for the period to be appropriated | 9905 | -€32,444 | €3,120 | +€35,564 |
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 1 November 2026 via checked.be.