Depcoma: 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.
Depcoma
Largest movements
- Cash +€41,007
up €41,007 (+17.3%), from €236,688 to €277,695
mainly Net result for the year (+€104,021) and Other debts (+€75,318)
- Receivables within one year -€26,974
down €26,974 (-51.2%), from €52,728 to €25,754
of which Trade receivables: -€28,224
- Tangible fixed assets -€9,119
down €9,119 (-48.6%), from €18,769 to €9,650
of which Furniture and vehicles: -€9,119
- Other debts +€75,318
up €75,318 (+133.0%), from €56,645 to €131,963
- Reserves -€41,400
down €41,400 (-20.8%), from €199,275 to €157,875
of which Distributable reserves: -€41,400
- Advances received -€19,300
down €19,300 (-100.0%), from €19,300 to €0
- Debts after one year -€7,666
down €7,666 (-100.0%), from €7,666 to €0
- Gross operating margin -€26,737
down €26,737 (-14.9%), from €179,250 to €152,513
- Taxes -€7,559
down €7,559 (-17.0%), from €44,515 to €36,956
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €315,875 | €321,200 | +€5,325 | +1.7% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €18,769 | €9,650 | -€9,119 | -48.6% |
| Tangible fixed assets | 22/27 | €18,769 | €9,650 | -€9,119 | -48.6% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €18,769 | €9,650 | -€9,119 | -48.6% |
| Current assets | 29/58 | €297,106 | €311,549 | +€14,444 | +4.9% |
| Amounts receivable within one year | 40/41 | €52,728 | €25,754 | -€26,974 | -51.2% |
| Trade receivables | 40 | €50,978 | €22,754 | -€28,224 | -55.4% |
| Other amounts receivable | 41 | €1,750 | €3,000 | +€1,250 | +71.4% |
| Cash at bank and in hand | 54/58 | €236,688 | €277,695 | +€41,007 | +17.3% |
| Deferred charges and accrued income | 490/1 | €7,690 | €8,101 | +€410 | +5.3% |
| Total equity and liabilities | 10/49 | €315,875 | €321,200 | +€5,325 | +1.7% |
| Equity | 10/15 | €203,275 | €161,875 | -€41,400 | -20.4% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €199,275 | €157,875 | -€41,400 | -20.8% |
| Tax-exempt reserves | 132 | €157,875 | €157,875 | = | 0.0% |
| Distributable reserves | 133 | €41,400 | €0 | -€41,400 | -100.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €112,600 | €159,325 | +€46,725 | +41.5% |
| Amounts payable after more than one year | 17 | €7,666 | €0 | -€7,666 | -100.0% |
| Financial debts | 170/4 | €7,666 | €0 | -€7,666 | -100.0% |
| Amounts payable within one year | 42/48 | €102,839 | €156,233 | +€53,394 | +51.9% |
| Current portion of amounts payable after more than one year | 42 | €7,546 | €7,666 | +€120 | +1.6% |
| Trade debts | 44 | €5,205 | €3,055 | -€2,150 | -41.3% |
| Suppliers | 440/4 | €5,205 | €3,055 | -€2,150 | -41.3% |
| Advances received on contracts in progress | 46 | €19,300 | €0 | -€19,300 | -100.0% |
| Taxes, remuneration and social security | 45 | €14,144 | €13,549 | -€595 | -4.2% |
| Taxes | 450/3 | €12,121 | €11,526 | -€595 | -4.9% |
| Remuneration and social security | 454/9 | €2,023 | €2,023 | = | 0.0% |
| Other amounts payable | 47/48 | €56,645 | €131,963 | +€75,318 | +133.0% |
| Accrued charges and deferred income | 492/3 | €2,095 | €3,092 | +€997 | +47.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,955 | €9,119 | +€164 | +1.8% |
| Other operating charges | 640/8 | €1,279 | €1,058 | -€222 | -17.3% |
| Gross operating margin | 9900 | €179,250 | €152,513 | -€26,737 | -14.9% |
| Operating profit (loss) | 9901 | €169,016 | €142,337 | -€26,679 | -15.8% |
| Financial income | 75/76B | €3,683 | €2,285 | -€1,398 | -38.0% |
| Recurring financial income | 75 | €3,683 | €2,285 | -€1,398 | -38.0% |
| Financial charges | 65/66B | €2,584 | €3,646 | +€1,061 | +41.1% |
| Recurring financial charges | 65 | €2,584 | €3,646 | +€1,061 | +41.1% |
| Profit (loss) for the period before taxes | 9903 | €170,115 | €140,977 | -€29,138 | -17.1% |
| Income taxes | 67/77 | €44,515 | €36,956 | -€7,559 | -17.0% |
| Profit (loss) for the period | 9904 | €125,600 | €104,021 | -€21,579 | -17.2% |
| Transfer to tax-exempt reserves | 689 | €84,200 | €0 | -€84,200 | -100.0% |
| Profit (loss) for the period to be appropriated | 9905 | €41,400 | €104,021 | +€62,621 | +151.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.