DEPAVA: what changed
Two fiscal 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.
DEPAVA
Largest movements
- Tangible fixed assets +€34,797
up €34,797 (+819.8%), from €4,245 to €39,041
of which Furniture and vehicles: +€33,437
- Receivables within one year -€1,887
down €1,887 (-35.9%), from €5,262 to €3,375
of which Trade receivables: -€2,629
- Debts after one year +€16,442
new in 2025: €16,442
- Reserves +€8,279
new in 2025: €8,279
- Current portion of long-term debt +€7,649
new in 2025: €7,649
- Other debts +€2,357
up €2,357 (+64.8%), from €3,635 to €5,991
- Tax, wage and social debts -€1,073
down €1,073 (-58.3%), from €1,841 to €768
- Gross operating margin +€14,388
up €14,388 (+119.9%), from €12,000 to €26,388
- Depreciation +€7,200
up €7,200 (+457.0%), from €1,576 to €8,776
- Taxes +€2,143
up €2,143 (+79.6%), from €2,691 to €4,834
- Financial charges +€794
up €794 (+131.5%), from €604 to €1,398
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.
Cash bridge derived
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 | €16,111 | €49,670 | +€33,559 | +208.3% |
| Fixed assets | 21/28 | €4,294 | €39,091 | +€34,797 | +810.3% |
| Tangible fixed assets | 22/27 | €4,245 | €39,041 | +€34,797 | +819.8% |
| Plant, machinery and equipment | 23 | €801 | €2,161 | +€1,360 | +169.8% |
| Furniture and vehicles | 24 | €3,444 | €36,880 | +€33,437 | +971.0% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €11,817 | €10,579 | -€1,238 | -10.5% |
| Amounts receivable within one year | 40/41 | €5,262 | €3,375 | -€1,887 | -35.9% |
| Trade receivables | 40 | €4,373 | €1,744 | -€2,629 | -60.1% |
| Other amounts receivable | 41 | €890 | €1,631 | +€741 | +83.3% |
| Cash at bank and in hand | 54/58 | €5,597 | €5,990 | +€393 | +7.0% |
| Deferred charges and accrued income | 490/1 | €957 | €1,215 | +€257 | +26.8% |
| Total equity and liabilities | 10/49 | €16,111 | €49,670 | +€33,559 | +208.3% |
| Equity | 10/15 | €9,732 | €18,079 | +€8,347 | +85.8% |
| Contributions | 10/11 | €9,800 | €9,800 | = | 0.0% |
| Reserves | 13 | - | €8,279 | +€8,279 | |
| Distributable reserves | 133 | - | €8,279 | +€8,279 | |
| Profit (loss) carried forward | 14 | -€68 | €0 | +€68 | |
| Amounts payable | 17/49 | €6,379 | €31,591 | +€25,212 | +395.2% |
| Amounts payable after more than one year | 17 | - | €16,442 | +€16,442 | |
| Financial debts | 170/4 | - | €16,442 | +€16,442 | |
| Amounts payable within one year | 42/48 | €6,192 | €15,136 | +€8,944 | +144.4% |
| Current portion of amounts payable after more than one year | 42 | - | €7,649 | +€7,649 | |
| Trade debts | 44 | €717 | €728 | +€12 | +1.6% |
| Suppliers | 440/4 | €717 | €728 | +€12 | +1.6% |
| Taxes, remuneration and social security | 45 | €1,841 | €768 | -€1,073 | -58.3% |
| Taxes | 450/3 | €1,841 | €768 | -€1,073 | -58.3% |
| Other amounts payable | 47/48 | €3,635 | €5,991 | +€2,357 | +64.8% |
| Accrued charges and deferred income | 492/3 | €186 | €13 | -€174 | -93.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,576 | €8,776 | +€7,200 | +457.0% |
| Other operating charges | 640/8 | €1,222 | €1,367 | +€145 | +11.9% |
| Gross operating margin | 9900 | €12,000 | €26,388 | +€14,388 | +119.9% |
| Operating profit (loss) | 9901 | €9,203 | €16,245 | +€7,042 | +76.5% |
| Financial income | 75/76B | €12 | €0 | -€12 | -100.0% |
| Recurring financial income | 75 | €12 | €0 | -€12 | -100.0% |
| Financial charges | 65/66B | €604 | €1,398 | +€794 | +131.5% |
| Recurring financial charges | 65 | €604 | €1,398 | +€794 | +131.5% |
| Profit (loss) for the period before taxes | 9903 | €8,612 | €14,847 | +€6,236 | +72.4% |
| Income taxes | 67/77 | €2,691 | €4,834 | +€2,143 | +79.6% |
| Profit (loss) for the period | 9904 | €5,921 | €10,013 | +€4,093 | +69.1% |
| Profit (loss) for the period to be appropriated | 9905 | €5,921 | €10,013 | +€4,093 | +69.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.