Depivan: 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.
Depivan
Largest movements
- Receivables within one year +€32,937
up €32,937 (+83.9%), from €39,238 to €72,175
- Cash +€14,382
up €14,382 (+78.8%), from €18,260 to €32,642
mainly Net result for the year (+€32,794) and Depreciation (+€12,152)
- Tangible fixed assets -€9,182
down €9,182 (-16.9%), from €54,326 to €45,144
of which Furniture and vehicles: -€8,530
- Reserves +€32,794
up €32,794 (+73.9%), from €44,364 to €77,158
- Accrued charges and deferred income +€8,049
new in 2025: €8,049
- Trade debts -€1,597
down €1,597 (-90.4%), from €1,766 to €170
- Depreciation +€6,605
up €6,605 (+119.1%), from €5,546 to €12,152
- Gross operating margin +€4,348
up €4,348 (+8.8%), from €49,542 to €53,890
- Financial income +€3,380
up €3,380 (+653.0%), from €518 to €3,897
- Financial charges +€3,288
up €3,288 (+886.7%), from €371 to €3,659
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 | €112,761 | €151,438 | +€38,677 | +34.3% |
| Fixed assets | 21/28 | €54,326 | €45,648 | -€8,678 | -16.0% |
| Tangible fixed assets | 22/27 | €54,326 | €45,144 | -€9,182 | -16.9% |
| Plant, machinery and equipment | 23 | €3,207 | €2,554 | -€652 | -20.3% |
| Furniture and vehicles | 24 | €51,119 | €42,589 | -€8,530 | -16.7% |
| Financial fixed assets | 28 | - | €504 | +€504 | |
| Current assets | 29/58 | €58,435 | €105,790 | +€47,355 | +81.0% |
| Amounts receivable within one year | 40/41 | €39,238 | €72,175 | +€32,937 | +83.9% |
| Other amounts receivable | 41 | €39,238 | €72,175 | +€32,937 | +83.9% |
| Cash at bank and in hand | 54/58 | €18,260 | €32,642 | +€14,382 | +78.8% |
| Deferred charges and accrued income | 490/1 | €938 | €974 | +€36 | +3.8% |
| Total equity and liabilities | 10/49 | €112,761 | €151,438 | +€38,677 | +34.3% |
| Equity | 10/15 | €48,396 | €81,190 | +€32,794 | +67.8% |
| Contributions | 10/11 | €4,032 | €4,032 | = | 0.0% |
| Reserves | 13 | €44,364 | €77,158 | +€32,794 | +73.9% |
| Distributable reserves | 133 | €44,364 | €77,158 | +€32,794 | +73.9% |
| Amounts payable | 17/49 | €64,365 | €70,248 | +€5,883 | +9.1% |
| Amounts payable within one year | 42/48 | €64,365 | €62,200 | -€2,165 | -3.4% |
| Trade debts | 44 | €1,766 | €170 | -€1,597 | -90.4% |
| Suppliers | 440/4 | €1,766 | €170 | -€1,597 | -90.4% |
| Taxes, remuneration and social security | 45 | €14,146 | €14,077 | -€69 | -0.5% |
| Taxes | 450/3 | €14,146 | €14,077 | -€69 | -0.5% |
| Other amounts payable | 47/48 | €48,453 | €47,953 | -€500 | -1.0% |
| Accrued charges and deferred income | 492/3 | - | €8,049 | +€8,049 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,546 | €12,152 | +€6,605 | +119.1% |
| Other operating charges | 640/8 | €563 | €689 | +€126 | +22.3% |
| Gross operating margin | 9900 | €49,542 | €53,890 | +€4,348 | +8.8% |
| Operating profit (loss) | 9901 | €43,432 | €41,049 | -€2,383 | -5.5% |
| Financial income | 75/76B | €518 | €3,897 | +€3,380 | +653.0% |
| Recurring financial income | 75 | €518 | €3,897 | +€3,380 | +653.0% |
| Financial charges | 65/66B | €371 | €3,659 | +€3,288 | +886.7% |
| Recurring financial charges | 65 | €371 | €3,659 | +€3,288 | +886.7% |
| Profit (loss) for the period before taxes | 9903 | €43,579 | €41,288 | -€2,291 | -5.3% |
| Income taxes | 67/77 | €8,839 | €8,494 | -€345 | -3.9% |
| Profit (loss) for the period | 9904 | €34,740 | €32,794 | -€1,946 | -5.6% |
| Profit (loss) for the period to be appropriated | 9905 | €34,740 | €32,794 | -€1,946 | -5.6% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.