DEPINCTUM: 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.
DEPINCTUM
Largest movements
- Stocks and contracts +€19,250
up €19,250 (+28.9%), from €66,560 to €85,810
- Tangible fixed assets -€7,629
down €7,629 (-32.1%), from €23,740 to €16,111
of which Furniture and vehicles: -€6,883
- Receivables within one year -€3,587
down €3,587 (-64.4%), from €5,568 to €1,982
of which Trade receivables: -€3,312
- Deferred charges and accrued income -€1,890
no longer reported in 2025 (was €1,890)
- Advances received +€12,000
new in 2025: €12,000
- Profit (loss) carried forward -€7,134
down €7,134 (-19.0%), from €37,515 to €30,381
- Other debts +€6,545
up €6,545 (+35.1%), from €18,625 to €25,170
- Debts after one year -€4,900
down €4,900 (-28.2%), from €17,380 to €12,480
- Gross operating margin -€8,936
down €8,936 (-75.9%), from €11,769 to €2,833
- Taxes -€1,348
down €1,348 (-90.9%), from €1,482 to €134
- Other operating charges -€1,092
down €1,092 (-50.9%), from €2,144 to €1,052
- Depreciation +€790
up €790 (+11.6%), from €6,839 to €7,629
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 | €100,393 | €107,400 | +€7,007 | +7.0% |
| Fixed assets | 21/28 | €23,740 | €16,111 | -€7,629 | -32.1% |
| Tangible fixed assets | 22/27 | €23,740 | €16,111 | -€7,629 | -32.1% |
| Furniture and vehicles | 24 | €21,321 | €14,438 | -€6,883 | -32.3% |
| Other tangible fixed assets | 26 | €2,419 | €1,673 | -€746 | -30.8% |
| Current assets | 29/58 | €76,653 | €91,290 | +€14,636 | +19.1% |
| Stocks and contracts in progress | 3 | €66,560 | €85,810 | +€19,250 | +28.9% |
| Stocks | 30/36 | €66,560 | €85,810 | +€19,250 | +28.9% |
| Amounts receivable within one year | 40/41 | €5,568 | €1,982 | -€3,587 | -64.4% |
| Trade receivables | 40 | €5,079 | €1,767 | -€3,312 | -65.2% |
| Other amounts receivable | 41 | €489 | €215 | -€274 | -56.1% |
| Cash at bank and in hand | 54/58 | €2,635 | €3,498 | +€863 | +32.8% |
| Deferred charges and accrued income | 490/1 | €1,890 | - | -€1,890 | |
| Total equity and liabilities | 10/49 | €100,393 | €107,400 | +€7,007 | +7.0% |
| Equity | 10/15 | €57,975 | €50,841 | -€7,134 | -12.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €37,515 | €30,381 | -€7,134 | -19.0% |
| Amounts payable | 17/49 | €42,418 | €56,559 | +€14,141 | +33.3% |
| Amounts payable after more than one year | 17 | €17,380 | €12,480 | -€4,900 | -28.2% |
| Financial debts | 170/4 | €17,380 | €12,480 | -€4,900 | -28.2% |
| Amounts payable within one year | 42/48 | €25,038 | €44,080 | +€19,042 | +76.1% |
| Current portion of amounts payable after more than one year | 42 | €4,651 | €4,900 | +€249 | +5.4% |
| Trade debts | 44 | €286 | €400 | +€114 | +39.6% |
| Suppliers | 440/4 | €286 | €400 | +€114 | +39.6% |
| Advances received on contracts in progress | 46 | - | €12,000 | +€12,000 | |
| Taxes, remuneration and social security | 45 | €1,475 | €1,609 | +€134 | +9.1% |
| Taxes | 450/3 | €1,475 | €1,609 | +€134 | +9.1% |
| Other amounts payable | 47/48 | €18,625 | €25,170 | +€6,545 | +35.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,839 | €7,629 | +€790 | +11.6% |
| Other operating charges | 640/8 | €2,144 | €1,052 | -€1,092 | -50.9% |
| Non-recurring operating charges | 66A | €144 | €63 | -€81 | -56.0% |
| Gross operating margin | 9900 | €11,769 | €2,833 | -€8,936 | -75.9% |
| Operating profit (loss) | 9901 | €2,642 | -€5,912 | -€8,554 | |
| Financial charges | 65/66B | €1,018 | €1,088 | +€70 | +6.9% |
| Recurring financial charges | 65 | €1,018 | €1,088 | +€70 | +6.9% |
| Profit (loss) for the period before taxes | 9903 | €1,624 | -€7,000 | -€8,623 | |
| Income taxes | 67/77 | €1,482 | €134 | -€1,348 | -90.9% |
| Profit (loss) for the period | 9904 | €142 | -€7,134 | -€7,275 | |
| Profit (loss) for the period to be appropriated | 9905 | €142 | -€7,134 | -€7,275 |
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 14 October 2026 via checked.be.