DEPIM: 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.
DEPIM
Largest movements
- Receivables within one year +€39,734
up €39,734 (+191.0%), from €20,803 to €60,538
of which Trade receivables: +€40,042
- Cash -€18,144
down €18,144 (-12.1%), from €150,116 to €131,971
mainly Other debts (-€53,215) and Receivables within one year (-€39,734)
- Current investments +€10,561
up €10,561 (+14.3%), from €73,941 to €84,502
- Tangible fixed assets -€8,555
down €8,555 (-18.6%), from €45,970 to €37,415
of which Furniture and vehicles: -€9,837
- Reserves +€66,000
up €66,000 (+40.0%), from €165,000 to €231,000
- Other debts -€53,215
down €53,215 (-99.2%), from €53,664 to €449
- Tax, wage and social debts +€9,276
up €9,276 (+13.4%), from €69,369 to €78,644
of which Taxes: +€9,276
- Gross operating margin -€47,664
down €47,664 (-30.8%), from €154,535 to €106,871
- Taxes -€14,687
down €14,687 (-36.2%), from €40,594 to €25,907
- Financial charges -€3,541
down €3,541 (-80.3%), from €4,411 to €870
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 | €292,980 | €317,096 | +€24,116 | +8.2% |
| Fixed assets | 21/28 | €45,970 | €37,415 | -€8,555 | -18.6% |
| Tangible fixed assets | 22/27 | €45,970 | €37,415 | -€8,555 | -18.6% |
| Plant, machinery and equipment | 23 | €2,872 | €4,154 | +€1,281 | +44.6% |
| Furniture and vehicles | 24 | €43,098 | €33,261 | -€9,837 | -22.8% |
| Current assets | 29/58 | €247,010 | €279,681 | +€32,672 | +13.2% |
| Amounts receivable within one year | 40/41 | €20,803 | €60,538 | +€39,734 | +191.0% |
| Trade receivables | 40 | €20,496 | €60,538 | +€40,042 | +195.4% |
| Other amounts receivable | 41 | €307 | €0 | -€307 | -100.0% |
| Current investments | 50/53 | €73,941 | €84,502 | +€10,561 | +14.3% |
| Cash at bank and in hand | 54/58 | €150,116 | €131,971 | -€18,144 | -12.1% |
| Deferred charges and accrued income | 490/1 | €2,150 | €2,670 | +€520 | +24.2% |
| Total equity and liabilities | 10/49 | €292,980 | €317,096 | +€24,116 | +8.2% |
| Equity | 10/15 | €167,514 | €233,726 | +€66,211 | +39.5% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €165,000 | €231,000 | +€66,000 | +40.0% |
| Distributable reserves | 133 | €165,000 | €231,000 | +€66,000 | +40.0% |
| Profit (loss) carried forward | 14 | €514 | €726 | +€211 | +41.1% |
| Amounts payable | 17/49 | €125,466 | €83,370 | -€42,095 | -33.6% |
| Amounts payable within one year | 42/48 | €125,466 | €83,370 | -€42,095 | -33.6% |
| Trade debts | 44 | €2,433 | €4,277 | +€1,844 | +75.8% |
| Suppliers | 440/4 | €2,433 | €4,277 | +€1,844 | +75.8% |
| Taxes, remuneration and social security | 45 | €69,369 | €78,644 | +€9,276 | +13.4% |
| Taxes | 450/3 | €69,369 | €78,644 | +€9,276 | +13.4% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €53,664 | €449 | -€53,215 | -99.2% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,263 | €13,052 | +€789 | +6.4% |
| Other operating charges | 640/8 | - | €474 | +€474 | |
| Non-recurring operating charges | 66A | - | €444 | +€444 | |
| Gross operating margin | 9900 | €154,535 | €106,871 | -€47,664 | -30.8% |
| Operating profit (loss) | 9901 | €142,272 | €92,901 | -€49,371 | -34.7% |
| Financial income | 75/76B | - | €88 | +€88 | |
| Recurring financial income | 75 | - | €88 | +€88 | |
| Financial charges | 65/66B | €4,411 | €870 | -€3,541 | -80.3% |
| Recurring financial charges | 65 | €4,411 | €870 | -€3,541 | -80.3% |
| Profit (loss) for the period before taxes | 9903 | €137,861 | €92,119 | -€45,742 | -33.2% |
| Income taxes | 67/77 | €40,594 | €25,907 | -€14,687 | -36.2% |
| Profit (loss) for the period | 9904 | €97,267 | €66,211 | -€31,055 | -31.9% |
| Profit (loss) for the period to be appropriated | 9905 | €97,267 | €66,211 | -€31,055 | -31.9% |
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 6 October 2026 via checked.be.