DEPOORTER PROJECTS: 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 PROJECTS
Largest movements
- Tangible fixed assets +€23,896
up €23,896 (+817%), from €2,924 to €26,819
of which Furniture and vehicles: +€23,543
- Cash +€7,053
new in 2025: €7,053
mainly Debts after one year (+€13,490) and Current portion of long-term debt (+€9,048)
- Receivables within one year +€514
up €514 (+6.9%), from €7,446 to €7,959
of which Trade receivables: +€2,352
- Formation expenses -€492
down €492 (-95.3%), from €516 to €24
- Debts after one year +€13,490
new in 2025: €13,490
- Current portion of long-term debt +€9,048
new in 2025: €9,048
- Profit (loss) carried forward +€4,187
no longer reported in 2025 (was -€4,187)
- Reserves +€1,901
new in 2025: €1,901
- Tax, wage and social debts +€833
up €833 (+1,146%), from €73 to €906
- Gross operating margin +€8,859
up €8,859 (+125%), from €7,090 to €15,949
- Depreciation +€6,481
up €6,481 (+613%), from €1,058 to €7,539
- Financial charges +€980
new in 2025: €980
- Taxes +€688
new in 2025: €688
- Other operating charges +€196
up €196 (+33.7%), from €581 to €777
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 | €10,885 | €41,856 | +€30,971 | +285% |
| Formation expenses | 20 | €516 | €24 | -€492 | -95.3% |
| Fixed assets | 21/28 | €2,924 | €26,819 | +€23,896 | +817% |
| Tangible fixed assets | 22/27 | €2,924 | €26,819 | +€23,896 | +817% |
| Plant, machinery and equipment | 23 | €1,405 | €1,758 | +€353 | +25.1% |
| Furniture and vehicles | 24 | €1,519 | €25,061 | +€23,543 | +1,550% |
| Current assets | 29/58 | €7,446 | €15,013 | +€7,567 | +102% |
| Amounts receivable within one year | 40/41 | €7,446 | €7,959 | +€514 | +6.9% |
| Trade receivables | 40 | €4,200 | €6,552 | +€2,352 | +56.0% |
| Other amounts receivable | 41 | €3,246 | €1,408 | -€1,838 | -56.6% |
| Cash at bank and in hand | 54/58 | - | €7,053 | +€7,053 | |
| Total equity and liabilities | 10/49 | €10,885 | €41,856 | +€30,971 | +285% |
| Equity | 10/15 | €10,813 | €16,901 | +€6,089 | +56.3% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Reserves | 13 | - | €1,901 | +€1,901 | |
| Distributable reserves | 133 | - | €1,901 | +€1,901 | |
| Profit (loss) carried forward | 14 | -€4,187 | - | +€4,187 | |
| Amounts payable | 17/49 | €73 | €24,955 | +€24,882 | +34,235% |
| Amounts payable after more than one year | 17 | - | €13,490 | +€13,490 | |
| Financial debts | 170/4 | - | €13,490 | +€13,490 | |
| Amounts payable within one year | 42/48 | €73 | €11,465 | +€11,392 | +15,674% |
| Current portion of amounts payable after more than one year | 42 | - | €9,048 | +€9,048 | |
| Financial debts | 43 | - | €742 | +€742 | |
| Credit institutions | 430/8 | - | €742 | +€742 | |
| Trade debts | 44 | - | €769 | +€769 | |
| Suppliers | 440/4 | - | €769 | +€769 | |
| Taxes, remuneration and social security | 45 | €73 | €906 | +€833 | +1,146% |
| Taxes | 450/3 | €73 | €906 | +€833 | +1,146% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,058 | €7,539 | +€6,481 | +613% |
| Other operating charges | 640/8 | €581 | €777 | +€196 | +33.7% |
| Gross operating margin | 9900 | €7,090 | €15,949 | +€8,859 | +125% |
| Operating profit (loss) | 9901 | €5,451 | €7,633 | +€2,181 | +40.0% |
| Financial income | 75/76B | - | €124 | +€124 | |
| Recurring financial income | 75 | - | €124 | +€124 | |
| Financial charges | 65/66B | - | €980 | +€980 | |
| Recurring financial charges | 65 | - | €980 | +€980 | |
| Profit (loss) for the period before taxes | 9903 | €5,451 | €6,777 | +€1,325 | +24.3% |
| Income taxes | 67/77 | - | €688 | +€688 | |
| Profit (loss) for the period | 9904 | €5,451 | €6,089 | +€638 | +11.7% |
| Profit (loss) for the period to be appropriated | 9905 | €5,451 | €6,089 | +€638 | +11.7% |
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.