DEPO - TRANS: 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.
DEPO - TRANS
Largest movements
- Receivables within one year -€53,350
down €53,350 (-30.1%), from €177,130 to €123,780
of which Trade receivables: -€29,894
- Tangible fixed assets -€29,257
down €29,257 (-6.6%), from €442,867 to €413,610
of which Land and buildings: -€31,707
- Deferred charges and accrued income -€8,426
down €8,426 (-100%), from €8,426 to €0
- Debts after one year -€30,000
down €30,000 (-14.3%), from €210,000 to €180,000
- Reserves -€29,653
down €29,653 (-26.3%), from €112,832 to €83,180
of which Distributable reserves: -€29,441
- Profit (loss) carried forward -€21,868
new in 2024: -€21,868
- Short-term financial debts -€21,493
down €21,493 (-17.2%), from €125,000 to €103,507
- Trade debts +€12,368
up €12,368 (+67.3%), from €18,383 to €30,751
- Gross operating margin +€23,196
up €23,196 (+46.0%), from €50,430 to €73,626
- Staff costs +€12,574
up €12,574 (+29.1%), from €43,274 to €55,848
- Depreciation -€4,943
down €4,943 (-13.4%), from €36,951 to €32,008
- Other operating charges +€4,022
up €4,022 (+22.0%), from €18,277 to €22,299
- Financial charges -€2,924
down €2,924 (-16.2%), from €18,015 to €15,091
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €632,852 | €541,407 | -€91,445 | -14.4% |
| Fixed assets | 21/28 | €446,548 | €417,291 | -€29,257 | -6.6% |
| Tangible fixed assets | 22/27 | €442,867 | €413,610 | -€29,257 | -6.6% |
| Land and buildings | 22 | €441,055 | €409,348 | -€31,707 | -7.2% |
| Plant, machinery and equipment | 23 | €1,812 | €1,567 | -€245 | -13.5% |
| Furniture and vehicles | 24 | €0 | €2,695 | +€2,695 | |
| Financial fixed assets | 28 | €3,681 | €3,681 | = | 0.0% |
| Current assets | 29/58 | €186,304 | €124,116 | -€62,188 | -33.4% |
| Amounts receivable within one year | 40/41 | €177,130 | €123,780 | -€53,350 | -30.1% |
| Trade receivables | 40 | €94,307 | €64,413 | -€29,894 | -31.7% |
| Other amounts receivable | 41 | €82,823 | €59,367 | -€23,456 | -28.3% |
| Cash at bank and in hand | 54/58 | €748 | €336 | -€412 | -55.1% |
| Deferred charges and accrued income | 490/1 | €8,426 | €0 | -€8,426 | -100% |
| Total equity and liabilities | 10/49 | €632,852 | €541,407 | -€91,445 | -14.4% |
| Equity | 10/15 | €237,832 | €186,311 | -€51,521 | -21.7% |
| Contributions | 10/11 | €125,000 | €125,000 | = | 0.0% |
| Reserves | 13 | €112,832 | €83,180 | -€29,653 | -26.3% |
| Tax-exempt reserves | 132 | €63,611 | €63,400 | -€211 | -0.3% |
| Distributable reserves | 133 | €49,221 | €19,780 | -€29,441 | -59.8% |
| Profit (loss) carried forward | 14 | - | -€21,868 | -€21,868 | |
| Provisions and deferred taxes | 16 | €89 | €0 | -€89 | -100% |
| Deferred taxes | 168 | €89 | €0 | -€89 | -100% |
| Amounts payable | 17/49 | €394,931 | €355,096 | -€39,835 | -10.1% |
| Amounts payable after more than one year | 17 | €210,000 | €180,000 | -€30,000 | -14.3% |
| Financial debts | 170/4 | €210,000 | €180,000 | -€30,000 | -14.3% |
| Amounts payable within one year | 42/48 | €182,632 | €175,096 | -€7,536 | -4.1% |
| Current portion of amounts payable after more than one year | 42 | €30,000 | €30,000 | = | 0.0% |
| Financial debts | 43 | €125,000 | €103,507 | -€21,493 | -17.2% |
| Credit institutions | 430/8 | €125,000 | €103,507 | -€21,493 | -17.2% |
| Trade debts | 44 | €18,383 | €30,751 | +€12,368 | +67.3% |
| Suppliers | 440/4 | €18,383 | €30,751 | +€12,368 | +67.3% |
| Advances received on contracts in progress | 46 | - | €1,500 | +€1,500 | |
| Taxes, remuneration and social security | 45 | €7,945 | €7,858 | -€87 | -1.1% |
| Taxes | 450/3 | €984 | €0 | -€984 | -100% |
| Remuneration and social security | 454/9 | €6,962 | €7,858 | +€896 | +12.9% |
| Other amounts payable | 47/48 | €1,303 | €1,480 | +€176 | +13.5% |
| Accrued charges and deferred income | 492/3 | €2,299 | €0 | -€2,299 | -100% |
| Non-recurring operating income | 76A | - | €17,240 | +€17,240 | |
| Remuneration, social security and pensions | 62 | €43,274 | €55,848 | +€12,574 | +29.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €36,951 | €32,008 | -€4,943 | -13.4% |
| Other operating charges | 640/8 | €18,277 | €22,299 | +€4,022 | +22.0% |
| Gross operating margin | 9900 | €50,430 | €73,626 | +€23,196 | +46.0% |
| Operating profit (loss) | 9901 | -€48,072 | -€36,529 | +€11,543 | +24.0% |
| Financial income | 75/76B | €0 | €10 | +€10 | +3,126% |
| Recurring financial income | 75 | €0 | €10 | +€10 | +3,126% |
| Financial charges | 65/66B | €18,015 | €15,091 | -€2,924 | -16.2% |
| Recurring financial charges | 65 | €18,015 | €15,091 | -€2,924 | -16.2% |
| Profit (loss) for the period before taxes | 9903 | -€66,087 | -€51,610 | +€14,477 | +21.9% |
| Transfer from deferred taxes | 780 | €89 | €89 | = | 0.0% |
| Profit (loss) for the period | 9904 | -€65,998 | -€51,521 | +€14,477 | +21.9% |
| Transfer from tax-exempt reserves | 789 | €211 | €211 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€65,787 | -€51,310 | +€14,477 | +22.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.