DEPECKER FREDDY: 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.
DEPECKER FREDDY
Largest movements
- Stocks and contracts -€18,748
down €18,748 (-78.9%), from €23,748 to €5,000
of which Contracts in progress: -€18,748
- Cash +€4,405
up €4,405 (+93.5%), from €4,711 to €9,116
mainly Stocks and contracts (+€18,748) and Depreciation (+€1,406)
- Tangible fixed assets +€3,498
up €3,498 (+88.1%), from €3,970 to €7,468
of which Other tangible fixed assets: +€2,173
- Other debts -€9,876
down €9,876 (-16.4%), from €60,311 to €50,435
- Trade debts -€958
down €958 (-4.0%), from €23,838 to €22,880
- Tax, wage and social debts -€792
down €792 (-88.8%), from €892 to €100
- Gross operating margin +€9,438
up €9,438, from -€5,774 to €3,664
- Depreciation +€874
up €874 (+164%), from €532 to €1,406
- Other operating charges -€637
down €637 (-36.0%), from €1,769 to €1,133
- Financial income -€531
down €531 (-78.0%), from €680 to €149
- Financial charges +€301
up €301 (+27.7%), from €1,087 to €1,388
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 | €53,235 | €41,495 | -€11,740 | -22.1% |
| Fixed assets | 21/28 | €5,740 | €9,238 | +€3,498 | +60.9% |
| Tangible fixed assets | 22/27 | €3,970 | €7,468 | +€3,498 | +88.1% |
| Plant, machinery and equipment | 23 | €3,970 | €5,295 | +€1,325 | +33.4% |
| Other tangible fixed assets | 26 | €0 | €2,173 | +€2,173 | |
| Financial fixed assets | 28 | €1,770 | €1,770 | = | 0.0% |
| Current assets | 29/58 | €47,495 | €32,258 | -€15,238 | -32.1% |
| Stocks and contracts in progress | 3 | €23,748 | €5,000 | -€18,748 | -78.9% |
| Stocks | 30/36 | €5,000 | €5,000 | = | 0.0% |
| Contracts in progress | 37 | €18,748 | €0 | -€18,748 | -100% |
| Amounts receivable within one year | 40/41 | €18,284 | €17,874 | -€410 | -2.2% |
| Trade receivables | 40 | €9,414 | €13,089 | +€3,674 | +39.0% |
| Other amounts receivable | 41 | €8,869 | €4,785 | -€4,084 | -46.0% |
| Cash at bank and in hand | 54/58 | €4,711 | €9,116 | +€4,405 | +93.5% |
| Deferred charges and accrued income | 490/1 | €753 | €268 | -€485 | -64.4% |
| Total equity and liabilities | 10/49 | €53,235 | €41,495 | -€11,740 | -22.1% |
| Equity | 10/15 | -€31,806 | -€31,920 | -€113 | -0.4% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €0 | - | = | |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Profit (loss) carried forward | 14 | -€44,206 | -€44,320 | -€113 | -0.3% |
| Amounts payable | 17/49 | €85,041 | €73,415 | -€11,627 | -13.7% |
| Amounts payable within one year | 42/48 | €85,041 | €73,415 | -€11,627 | -13.7% |
| Trade debts | 44 | €23,838 | €22,880 | -€958 | -4.0% |
| Suppliers | 440/4 | €23,838 | €22,880 | -€958 | -4.0% |
| Taxes, remuneration and social security | 45 | €892 | €100 | -€792 | -88.8% |
| Taxes | 450/3 | €892 | €100 | -€792 | -88.8% |
| Other amounts payable | 47/48 | €60,311 | €50,435 | -€9,876 | -16.4% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €532 | €1,406 | +€874 | +164% |
| Other operating charges | 640/8 | €1,769 | €1,133 | -€637 | -36.0% |
| Gross operating margin | 9900 | -€5,774 | €3,664 | +€9,438 | |
| Operating profit (loss) | 9901 | -€8,075 | €1,126 | +€9,201 | |
| Financial income | 75/76B | €680 | €149 | -€531 | -78.0% |
| Recurring financial income | 75 | €680 | €149 | -€531 | -78.0% |
| Financial charges | 65/66B | €1,087 | €1,388 | +€301 | +27.7% |
| Recurring financial charges | 65 | €1,087 | €1,388 | +€301 | +27.7% |
| Profit (loss) for the period before taxes | 9903 | -€8,482 | -€113 | +€8,369 | +98.7% |
| Profit (loss) for the period | 9904 | -€8,482 | -€113 | +€8,369 | +98.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,482 | -€113 | +€8,369 | +98.7% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.