DEPICON: 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.
DEPICON
Largest movements
- Cash -€36,854
down €36,854 (-40.4%), from €91,138 to €54,284
mainly Net result for the year (-€31,278) and Debts after one year (-€29,662)
- Receivables within one year -€14,508
down €14,508 (-27.8%), from €52,208 to €37,700
of which Trade receivables: -€10,170
- Tangible fixed assets -€3,664
down €3,664 (-1.9%), from €190,639 to €186,975
of which Plant, machinery and equipment: -€12,155
- Profit (loss) carried forward -€31,278
down €31,278 (-126.0%), from -€24,820 to -€56,098
- Debts after one year -€29,662
down €29,662 (-15.2%), from €194,861 to €165,199
- Other debts +€7,488
up €7,488 (+16.6%), from €45,020 to €52,508
- Gross operating margin -€28,070
down €28,070 (-66.4%), from €42,300 to €14,231
- Depreciation -€12,014
down €12,014 (-26.7%), from €44,913 to €32,900
- Financial charges -€11,605
down €11,605 (-46.9%), from €24,765 to €13,160
- Financial income +€1,054
up €1,054 (+40.1%), from €2,628 to €3,682
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 | €353,386 | €298,479 | -€54,907 | -15.5% |
| Fixed assets | 21/28 | €195,470 | €190,755 | -€4,715 | -2.4% |
| Intangible fixed assets | 21 | €4,832 | €3,781 | -€1,051 | -21.8% |
| Tangible fixed assets | 22/27 | €190,639 | €186,975 | -€3,664 | -1.9% |
| Land and buildings | 22 | €139,638 | €128,606 | -€11,032 | -7.9% |
| Plant, machinery and equipment | 23 | €42,180 | €30,025 | -€12,155 | -28.8% |
| Furniture and vehicles | 24 | €8,821 | €28,344 | +€19,523 | +221.3% |
| Current assets | 29/58 | €157,915 | €107,723 | -€50,192 | -31.8% |
| Amounts receivable within one year | 40/41 | €52,208 | €37,700 | -€14,508 | -27.8% |
| Trade receivables | 40 | €47,684 | €37,514 | -€10,170 | -21.3% |
| Other amounts receivable | 41 | €4,524 | €186 | -€4,338 | -95.9% |
| Current investments | 50/53 | €14,116 | €14,115 | -€0 | 0.0% |
| Cash at bank and in hand | 54/58 | €91,138 | €54,284 | -€36,854 | -40.4% |
| Deferred charges and accrued income | 490/1 | €454 | €1,623 | +€1,170 | +257.9% |
| Total equity and liabilities | 10/49 | €353,386 | €298,479 | -€54,907 | -15.5% |
| Equity | 10/15 | €59,780 | €28,502 | -€31,278 | -52.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €66,000 | €66,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €66,000 | €66,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€24,820 | -€56,098 | -€31,278 | -126.0% |
| Amounts payable | 17/49 | €293,605 | €269,977 | -€23,629 | -8.0% |
| Amounts payable after more than one year | 17 | €194,861 | €165,199 | -€29,662 | -15.2% |
| Financial debts | 170/4 | €194,861 | €165,199 | -€29,662 | -15.2% |
| Amounts payable within one year | 42/48 | €91,798 | €101,069 | +€9,272 | +10.1% |
| Current portion of amounts payable after more than one year | 42 | €38,862 | €38,333 | -€529 | -1.4% |
| Trade debts | 44 | €1,260 | €3,455 | +€2,195 | +174.2% |
| Suppliers | 440/4 | €1,260 | €3,455 | +€2,195 | +174.2% |
| Taxes, remuneration and social security | 45 | €6,656 | €6,773 | +€117 | +1.8% |
| Taxes | 450/3 | €6,656 | €6,773 | +€117 | +1.8% |
| Other amounts payable | 47/48 | €45,020 | €52,508 | +€7,488 | +16.6% |
| Accrued charges and deferred income | 492/3 | €6,947 | €3,708 | -€3,239 | -46.6% |
| Remuneration, social security and pensions | 62 | - | €286 | +€286 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €44,913 | €32,900 | -€12,014 | -26.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €2,288 | €2,463 | +€175 | +7.6% |
| Non-recurring operating charges | 66A | €275 | €171 | -€104 | -37.8% |
| Gross operating margin | 9900 | €42,300 | €14,231 | -€28,070 | -66.4% |
| Operating profit (loss) | 9901 | -€5,176 | -€21,589 | -€16,414 | -317.1% |
| Financial income | 75/76B | €2,628 | €3,682 | +€1,054 | +40.1% |
| Recurring financial income | 75 | €2,628 | €3,682 | +€1,054 | +40.1% |
| Financial charges | 65/66B | €24,765 | €13,160 | -€11,605 | -46.9% |
| Recurring financial charges | 65 | €24,765 | €13,160 | -€11,605 | -46.9% |
| Profit (loss) for the period before taxes | 9903 | -€27,313 | -€31,067 | -€3,754 | -13.7% |
| Income taxes | 67/77 | €200 | €211 | +€10 | +5.1% |
| Profit (loss) for the period | 9904 | -€27,513 | -€31,278 | -€3,765 | -13.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€27,513 | -€31,278 | -€3,765 | -13.7% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.