DEPOMA: 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.
DEPOMA
Largest movements
- Current investments +€39,024
new in 2025: €39,024
- Receivables within one year -€10,928
down €10,928 (-27.2%), from €40,139 to €29,211
of which Other amounts receivable: -€6,082
- Cash -€10,702
down €10,702 (-7.3%), from €146,382 to €135,681
mainly Current investments (-€39,024) and Contributions, distributions and other (-€16,526)
- Tangible fixed assets +€6,011
up €6,011 (+37.7%), from €15,942 to €21,953
of which Other tangible fixed assets: +€5,077
- Reserves +€27,675
up €27,675 (+9.1%), from €305,390 to €333,064
of which Distributable reserves: +€27,675
- Gross operating margin +€19,083
up €19,083 (+37.3%), from €51,185 to €70,268
- Taxes +€4,491
up €4,491 (+29.4%), from €15,271 to €19,763
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 | €353,437 | €376,820 | +€23,383 | +6.6% |
| Fixed assets | 21/28 | €164,526 | €170,537 | +€6,011 | +3.7% |
| Tangible fixed assets | 22/27 | €15,942 | €21,953 | +€6,011 | +37.7% |
| Plant, machinery and equipment | 23 | €228 | €2,247 | +€2,019 | +887.6% |
| Furniture and vehicles | 24 | €4,872 | €3,786 | -€1,086 | -22.3% |
| Other tangible fixed assets | 26 | €10,843 | €15,920 | +€5,077 | +46.8% |
| Financial fixed assets | 28 | €148,584 | €148,584 | = | 0.0% |
| Current assets | 29/58 | €188,911 | €206,283 | +€17,372 | +9.2% |
| Amounts receivable within one year | 40/41 | €40,139 | €29,211 | -€10,928 | -27.2% |
| Trade receivables | 40 | €34,057 | €29,211 | -€4,845 | -14.2% |
| Other amounts receivable | 41 | €6,082 | - | -€6,082 | |
| Current investments | 50/53 | - | €39,024 | +€39,024 | |
| Cash at bank and in hand | 54/58 | €146,382 | €135,681 | -€10,702 | -7.3% |
| Deferred charges and accrued income | 490/1 | €2,389 | €2,367 | -€23 | -0.9% |
| Total equity and liabilities | 10/49 | €353,437 | €376,820 | +€23,383 | +6.6% |
| Equity | 10/15 | €325,390 | €353,064 | +€27,675 | +8.5% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €305,390 | €333,064 | +€27,675 | +9.1% |
| Tax-exempt reserves | 132 | €22,250 | €22,250 | = | 0.0% |
| Distributable reserves | 133 | €283,140 | €310,814 | +€27,675 | +9.8% |
| Amounts payable | 17/49 | €28,047 | €23,755 | -€4,292 | -15.3% |
| Amounts payable within one year | 42/48 | €27,003 | €22,957 | -€4,045 | -15.0% |
| Trade debts | 44 | €3,154 | €3,582 | +€427 | +13.5% |
| Suppliers | 440/4 | €3,154 | €3,582 | +€427 | +13.5% |
| Taxes, remuneration and social security | 45 | €11,678 | €10,138 | -€1,540 | -13.2% |
| Taxes | 450/3 | €11,678 | €10,138 | -€1,540 | -13.2% |
| Other amounts payable | 47/48 | €12,171 | €9,238 | -€2,933 | -24.1% |
| Accrued charges and deferred income | 492/3 | €1,044 | €798 | -€246 | -23.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,126 | €3,710 | +€584 | +18.7% |
| Other operating charges | 640/8 | €1,582 | €1,362 | -€220 | -13.9% |
| Gross operating margin | 9900 | €51,185 | €70,268 | +€19,083 | +37.3% |
| Operating profit (loss) | 9901 | €46,478 | €65,196 | +€18,719 | +40.3% |
| Financial income | 75/76B | €559 | €746 | +€187 | +33.4% |
| Recurring financial income | 75 | €559 | €746 | +€187 | +33.4% |
| Financial charges | 65/66B | €1,419 | €1,979 | +€560 | +39.4% |
| Recurring financial charges | 65 | €1,419 | €1,979 | +€560 | +39.4% |
| Profit (loss) for the period before taxes | 9903 | €45,618 | €63,963 | +€18,346 | +40.2% |
| Income taxes | 67/77 | €15,271 | €19,763 | +€4,491 | +29.4% |
| Profit (loss) for the period | 9904 | €30,346 | €44,201 | +€13,854 | +45.7% |
| Profit (loss) for the period to be appropriated | 9905 | €30,346 | €44,201 | +€13,854 | +45.7% |
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.