DEPOORTER: 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.
DEPOORTER
Largest movements
- Tangible fixed assets -€41,291
down €41,291 (-8.2%), from €502,867 to €461,576
of which Plant, machinery and equipment: -€22,204
- Cash +€14,482
up €14,482 (+20.6%), from €70,364 to €84,846
mainly Depreciation (+€62,564) and Receivables within one year (+€13,500)
- Receivables within one year -€13,500
down €13,500 (-10.7%), from €125,961 to €112,461
of which Other amounts receivable: -€7,405
- Debts after one year -€30,445
down €30,445 (-10.5%), from €289,168 to €258,723
- Gross operating margin -€40,772
down €40,772 (-11.3%), from €361,762 to €320,990
- Staff costs -€40,357
down €40,357 (-14.3%), from €282,769 to €242,412
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 | €877,233 | €843,247 | -€33,986 | -3.9% |
| Fixed assets | 21/28 | €504,598 | €463,307 | -€41,291 | -8.2% |
| Tangible fixed assets | 22/27 | €502,867 | €461,576 | -€41,291 | -8.2% |
| Land and buildings | 22 | €391,498 | €383,483 | -€8,015 | -2.0% |
| Plant, machinery and equipment | 23 | €78,252 | €56,049 | -€22,204 | -28.4% |
| Furniture and vehicles | 24 | €33,117 | €22,045 | -€11,072 | -33.4% |
| Financial fixed assets | 28 | €1,731 | €1,731 | = | 0.0% |
| Current assets | 29/58 | €372,636 | €379,940 | +€7,304 | +2.0% |
| Stocks and contracts in progress | 3 | €155,744 | €154,436 | -€1,307 | -0.8% |
| Stocks | 30/36 | €155,744 | €154,436 | -€1,307 | -0.8% |
| Amounts receivable within one year | 40/41 | €125,961 | €112,461 | -€13,500 | -10.7% |
| Trade receivables | 40 | €86,401 | €80,306 | -€6,095 | -7.1% |
| Other amounts receivable | 41 | €39,560 | €32,155 | -€7,405 | -18.7% |
| Cash at bank and in hand | 54/58 | €70,364 | €84,846 | +€14,482 | +20.6% |
| Deferred charges and accrued income | 490/1 | €20,567 | €28,197 | +€7,630 | +37.1% |
| Total equity and liabilities | 10/49 | €877,233 | €843,247 | -€33,986 | -3.9% |
| Equity | 10/15 | €388,298 | €389,183 | +€885 | +0.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €382,098 | €382,983 | +€885 | +0.2% |
| Distributable reserves | 133 | €382,098 | €382,983 | +€885 | +0.2% |
| Amounts payable | 17/49 | €488,935 | €454,064 | -€34,872 | -7.1% |
| Amounts payable after more than one year | 17 | €289,168 | €258,723 | -€30,445 | -10.5% |
| Financial debts | 170/4 | €289,168 | €258,723 | -€30,445 | -10.5% |
| Amounts payable within one year | 42/48 | €199,767 | €195,341 | -€4,426 | -2.2% |
| Current portion of amounts payable after more than one year | 42 | €29,846 | €30,445 | +€599 | +2.0% |
| Trade debts | 44 | €152,493 | €147,968 | -€4,525 | -3.0% |
| Suppliers | 440/4 | €152,493 | €147,968 | -€4,525 | -3.0% |
| Taxes, remuneration and social security | 45 | €3,214 | €2,714 | -€500 | -15.6% |
| Taxes | 450/3 | €2,714 | €2,714 | = | 0.0% |
| Remuneration and social security | 454/9 | €500 | - | -€500 | |
| Other amounts payable | 47/48 | €14,214 | €14,214 | = | 0.0% |
| Non-recurring operating income | 76A | €2,000 | - | -€2,000 | |
| Remuneration, social security and pensions | 62 | €282,769 | €242,412 | -€40,357 | -14.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €61,704 | €62,564 | +€860 | +1.4% |
| Other operating charges | 640/8 | €12,254 | €14,268 | +€2,014 | +16.4% |
| Gross operating margin | 9900 | €361,762 | €320,990 | -€40,772 | -11.3% |
| Operating profit (loss) | 9901 | €5,035 | €1,746 | -€3,289 | -65.3% |
| Financial income | 75/76B | €8,299 | €7,540 | -€759 | -9.1% |
| Recurring financial income | 75 | €8,299 | €7,540 | -€759 | -9.1% |
| Financial charges | 65/66B | €9,711 | €7,707 | -€2,004 | -20.6% |
| Recurring financial charges | 65 | €9,711 | €7,707 | -€2,004 | -20.6% |
| Profit (loss) for the period before taxes | 9903 | €3,623 | €1,579 | -€2,044 | -56.4% |
| Income taxes | 67/77 | €1,491 | €694 | -€798 | -53.5% |
| Profit (loss) for the period | 9904 | €2,132 | €885 | -€1,247 | -58.5% |
| Profit (loss) for the period to be appropriated | 9905 | €2,132 | €885 | -€1,247 | -58.5% |
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 23 October 2026 via checked.be.