DEPICTA: 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.
DEPICTA
Largest movements
- Cash +€97,555
up €97,555 (+23.5%), from €414,919 to €512,474
mainly Net result for the year (+€68,691) and Depreciation (+€29,672)
- Tangible fixed assets -€28,223
down €28,223 (-6.5%), from €433,398 to €405,175
of which Land and buildings: -€17,648
- Reserves +€68,500
up €68,500 (+11.6%), from €591,039 to €659,539
of which Distributable reserves: +€68,500
- Tax, wage and social debts +€10,089
up €10,089 (+89.9%), from €11,228 to €21,317
of which Taxes: +€10,075
- Gross operating margin +€30,110
up €30,110 (+30.9%), from €97,524 to €127,634
- Taxes +€7,458
up €7,458 (+38.0%), from €19,625 to €27,083
- Financial income -€1,475
down €1,475 (-43.5%), from €3,394 to €1,919
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 | €874,365 | €948,412 | +€74,047 | +8.5% |
| Fixed assets | 21/28 | €434,274 | €406,051 | -€28,223 | -6.5% |
| Tangible fixed assets | 22/27 | €433,398 | €405,175 | -€28,223 | -6.5% |
| Land and buildings | 22 | €418,741 | €401,093 | -€17,648 | -4.2% |
| Plant, machinery and equipment | 23 | - | €1,425 | +€1,425 | |
| Furniture and vehicles | 24 | €14,657 | €2,657 | -€12,000 | -81.9% |
| Financial fixed assets | 28 | €876 | €876 | = | 0.0% |
| Current assets | 29/58 | €440,091 | €542,361 | +€102,270 | +23.2% |
| Amounts receivable within one year | 40/41 | €19,278 | €26,585 | +€7,307 | +37.9% |
| Trade receivables | 40 | €15,066 | €26,085 | +€11,019 | +73.1% |
| Other amounts receivable | 41 | €4,212 | €500 | -€3,712 | -88.1% |
| Cash at bank and in hand | 54/58 | €414,919 | €512,474 | +€97,555 | +23.5% |
| Deferred charges and accrued income | 490/1 | €5,894 | €3,302 | -€2,592 | -44.0% |
| Total equity and liabilities | 10/49 | €874,365 | €948,412 | +€74,047 | +8.5% |
| Equity | 10/15 | €856,545 | €925,236 | +€68,691 | +8.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €591,039 | €659,539 | +€68,500 | +11.6% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €24,179 | €24,179 | = | 0.0% |
| Distributable reserves | 133 | €565,000 | €633,500 | +€68,500 | +12.1% |
| Profit (loss) carried forward | 14 | €246,906 | €247,097 | +€191 | +0.1% |
| Amounts payable | 17/49 | €17,820 | €23,176 | +€5,356 | +30.1% |
| Amounts payable within one year | 42/48 | €17,530 | €22,957 | +€5,427 | +31.0% |
| Trade debts | 44 | €6,302 | €1,640 | -€4,662 | -74.0% |
| Suppliers | 440/4 | €6,302 | €1,640 | -€4,662 | -74.0% |
| Taxes, remuneration and social security | 45 | €11,228 | €21,317 | +€10,089 | +89.9% |
| Taxes | 450/3 | €8,306 | €18,381 | +€10,075 | +121.3% |
| Remuneration and social security | 454/9 | €2,922 | €2,936 | +€14 | +0.5% |
| Accrued charges and deferred income | 492/3 | €290 | €219 | -€71 | -24.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,134 | €29,672 | +€538 | +1.8% |
| Other operating charges | 640/8 | €3,121 | €3,680 | +€559 | +17.9% |
| Gross operating margin | 9900 | €97,524 | €127,634 | +€30,110 | +30.9% |
| Operating profit (loss) | 9901 | €65,269 | €94,282 | +€29,013 | +44.5% |
| Financial income | 75/76B | €3,394 | €1,919 | -€1,475 | -43.5% |
| Recurring financial income | 75 | €3,394 | €1,919 | -€1,475 | -43.5% |
| Financial charges | 65/66B | €321 | €427 | +€106 | +33.0% |
| Recurring financial charges | 65 | €321 | €427 | +€106 | +33.0% |
| Profit (loss) for the period before taxes | 9903 | €68,342 | €95,774 | +€27,432 | +40.1% |
| Income taxes | 67/77 | €19,625 | €27,083 | +€7,458 | +38.0% |
| Profit (loss) for the period | 9904 | €48,717 | €68,691 | +€19,974 | +41.0% |
| Profit (loss) for the period to be appropriated | 9905 | €48,717 | €68,691 | +€19,974 | +41.0% |
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 7 October 2026 via checked.be.