DEPECO: 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.
DEPECO
Largest movements
- Cash +€15,264
up €15,264 (+44.2%), from €34,527 to €49,791
mainly Net result for the year (+€50,634) and Other debts (+€16,566)
- Receivables within one year -€2,753
down €2,753 (-19.2%), from €14,309 to €11,556
of which Other amounts receivable: -€1,826
- Tangible fixed assets +€656
up €656 (+38.3%), from €1,712 to €2,368
of which Other tangible fixed assets: +€1,493
- Other debts +€16,566
up €16,566 (+146.3%), from €11,320 to €27,886
- Profit (loss) carried forward -€6,961
down €6,961 (-100.0%), from €6,961 to €0
- Tax, wage and social debts +€2,287
up €2,287 (+103.2%), from €2,216 to €4,503
- Trade debts +€1,275
up €1,275 (+2498.4%), from €51 to €1,326
- Gross operating margin -€6,121
down €6,121 (-7.3%), from €83,730 to €77,609
- Taxes +€1,906
up €1,906 (+9.0%), from €21,081 to €22,987
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 | €50,548 | €63,716 | +€13,167 | +26.0% |
| Fixed assets | 21/28 | €1,712 | €2,368 | +€656 | +38.3% |
| Tangible fixed assets | 22/27 | €1,712 | €2,368 | +€656 | +38.3% |
| Plant, machinery and equipment | 23 | €437 | €0 | -€437 | -100.0% |
| Furniture and vehicles | 24 | €1,275 | €876 | -€400 | -31.4% |
| Other tangible fixed assets | 26 | - | €1,493 | +€1,493 | |
| Current assets | 29/58 | €48,836 | €61,347 | +€12,511 | +25.6% |
| Amounts receivable within one year | 40/41 | €14,309 | €11,556 | -€2,753 | -19.2% |
| Trade receivables | 40 | €11,928 | €11,000 | -€928 | -7.8% |
| Other amounts receivable | 41 | €2,382 | €556 | -€1,826 | -76.6% |
| Cash at bank and in hand | 54/58 | €34,527 | €49,791 | +€15,264 | +44.2% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €50,548 | €63,716 | +€13,167 | +26.0% |
| Equity | 10/15 | €36,961 | €30,000 | -€6,961 | -18.8% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €6,961 | €0 | -€6,961 | -100.0% |
| Amounts payable | 17/49 | €13,587 | €33,716 | +€20,128 | +148.1% |
| Amounts payable within one year | 42/48 | €13,587 | €33,716 | +€20,128 | +148.1% |
| Trade debts | 44 | €51 | €1,326 | +€1,275 | +2498.4% |
| Suppliers | 440/4 | €51 | €1,326 | +€1,275 | +2498.4% |
| Taxes, remuneration and social security | 45 | €2,216 | €4,503 | +€2,287 | +103.2% |
| Taxes | 450/3 | €2,216 | €4,503 | +€2,287 | +103.2% |
| Other amounts payable | 47/48 | €11,320 | €27,886 | +€16,566 | +146.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €932 | €897 | -€34 | -3.7% |
| Other operating charges | 640/8 | €592 | €715 | +€123 | +20.9% |
| Gross operating margin | 9900 | €83,730 | €77,609 | -€6,121 | -7.3% |
| Operating profit (loss) | 9901 | €82,207 | €75,997 | -€6,210 | -7.6% |
| Financial income | 75/76B | €0 | €0 | +€0 | +1900.0% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +1900.0% |
| Financial charges | 65/66B | €2,702 | €2,375 | -€326 | -12.1% |
| Recurring financial charges | 65 | €2,702 | €2,375 | -€326 | -12.1% |
| Profit (loss) for the period before taxes | 9903 | €79,505 | €73,621 | -€5,883 | -7.4% |
| Income taxes | 67/77 | €21,081 | €22,987 | +€1,906 | +9.0% |
| Profit (loss) for the period | 9904 | €58,424 | €50,634 | -€7,790 | -13.3% |
| Profit (loss) for the period to be appropriated | 9905 | €58,424 | €50,634 | -€7,790 | -13.3% |
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 12 October 2026 via checked.be.