DEPASUP: 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.
DEPASUP
Largest movements
- Cash +€31,432
up €31,432 (+37.2%), from €84,477 to €115,909
mainly Net result for the year (+€21,057) and Depreciation (+€8,767)
- Tangible fixed assets -€8,767
down €8,767 (-24.1%), from €36,305 to €27,538
of which Furniture and vehicles: -€8,272
- Reserves +€21,057
up €21,057 (+31.3%), from €67,277 to €88,335
- Gross operating margin +€10,620
up €10,620 (+36.3%), from €29,243 to €39,863
- Taxes +€1,696
up €1,696 (+44.5%), from €3,809 to €5,505
- Financial charges +€1,380
up €1,380 (+57.8%), from €2,386 to €3,766
- Depreciation +€1,238
up €1,238 (+16.4%), from €7,529 to €8,767
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 | €134,740 | €156,109 | +€21,369 | +15.9% |
| Fixed assets | 21/28 | €36,305 | €27,538 | -€8,767 | -24.1% |
| Tangible fixed assets | 22/27 | €36,305 | €27,538 | -€8,767 | -24.1% |
| Land and buildings | 22 | €2,065 | €1,570 | -€495 | -24.0% |
| Furniture and vehicles | 24 | €34,240 | €25,968 | -€8,272 | -24.2% |
| Current assets | 29/58 | €98,436 | €128,571 | +€30,136 | +30.6% |
| Amounts receivable within one year | 40/41 | €13,371 | €12,151 | -€1,220 | -9.1% |
| Trade receivables | 40 | €13,371 | €11,656 | -€1,715 | -12.8% |
| Other amounts receivable | 41 | - | €495 | +€495 | |
| Cash at bank and in hand | 54/58 | €84,477 | €115,909 | +€31,432 | +37.2% |
| Deferred charges and accrued income | 490/1 | €588 | €511 | -€77 | -13.1% |
| Total equity and liabilities | 10/49 | €134,740 | €156,109 | +€21,369 | +15.9% |
| Equity | 10/15 | €72,277 | €93,335 | +€21,057 | +29.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €67,277 | €88,335 | +€21,057 | +31.3% |
| Distributable reserves | 133 | €67,277 | €88,335 | +€21,057 | +31.3% |
| Amounts payable | 17/49 | €62,463 | €62,775 | +€312 | +0.5% |
| Amounts payable within one year | 42/48 | €62,463 | €62,775 | +€312 | +0.5% |
| Trade debts | 44 | €93 | €27 | -€66 | -70.6% |
| Suppliers | 440/4 | €93 | €27 | -€66 | -70.6% |
| Taxes, remuneration and social security | 45 | €9,715 | €9,150 | -€565 | -5.8% |
| Taxes | 450/3 | €9,715 | €9,150 | -€565 | -5.8% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €52,655 | €53,597 | +€943 | +1.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,529 | €8,767 | +€1,238 | +16.4% |
| Other operating charges | 640/8 | €1,100 | €767 | -€333 | -30.2% |
| Gross operating margin | 9900 | €29,243 | €39,863 | +€10,620 | +36.3% |
| Operating profit (loss) | 9901 | €20,614 | €30,329 | +€9,714 | +47.1% |
| Financial charges | 65/66B | €2,386 | €3,766 | +€1,380 | +57.8% |
| Recurring financial charges | 65 | €2,386 | €3,766 | +€1,380 | +57.8% |
| Profit (loss) for the period before taxes | 9903 | €18,228 | €26,563 | +€8,334 | +45.7% |
| Income taxes | 67/77 | €3,809 | €5,505 | +€1,696 | +44.5% |
| Profit (loss) for the period | 9904 | €14,419 | €21,057 | +€6,638 | +46.0% |
| Profit (loss) for the period to be appropriated | 9905 | €14,419 | €21,057 | +€6,638 | +46.0% |
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 15 October 2026 via checked.be.