DEPOT: 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.
DEPOT
Largest movements
- Tangible fixed assets +€24,216
up €24,216 (+143%), from €16,992 to €41,208
of which Furniture and vehicles: +€27,020
- Current investments -€22,630
no longer reported in 2025 (was €22,630)
- Cash -€7,546
down €7,546 (-13.7%), from €55,175 to €47,629
mainly Investment in fixed assets (net) (-€30,386) and Tax, wage and social debts (-€16,071)
- Receivables within one year -€4,588
down €4,588 (-46.0%), from €9,979 to €5,391
of which Trade receivables: -€4,594
- Stocks and contracts -€1,259
down €1,259 (-51.4%), from €2,450 to €1,191
- Tax, wage and social debts -€16,071
down €16,071 (-65.2%), from €24,640 to €8,570
of which Taxes: -€9,387
- Reserves +€10,458
up €10,458 (+17.8%), from €58,797 to €69,255
of which Distributable reserves: +€10,458
- Trade debts -€5,450
down €5,450 (-42.8%), from €12,725 to €7,275
- Gross operating margin +€28,649
up €28,649 (+34.0%), from €84,351 to €113,000
- Staff costs +€16,010
up €16,010 (+20.6%), from €77,652 to €93,662
- Depreciation +€1,533
up €1,533 (+33.1%), from €4,637 to €6,169
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 | €116,161 | €105,101 | -€11,061 | -9.5% |
| Fixed assets | 21/28 | €25,927 | €50,143 | +€24,216 | +93.4% |
| Tangible fixed assets | 22/27 | €16,992 | €41,208 | +€24,216 | +143% |
| Plant, machinery and equipment | 23 | €16,992 | €14,188 | -€2,803 | -16.5% |
| Furniture and vehicles | 24 | - | €27,020 | +€27,020 | |
| Financial fixed assets | 28 | €8,935 | €8,935 | = | 0.0% |
| Current assets | 29/58 | €90,235 | €54,958 | -€35,277 | -39.1% |
| Stocks and contracts in progress | 3 | €2,450 | €1,191 | -€1,259 | -51.4% |
| Stocks | 30/36 | €2,450 | €1,191 | -€1,259 | -51.4% |
| Amounts receivable within one year | 40/41 | €9,979 | €5,391 | -€4,588 | -46.0% |
| Trade receivables | 40 | €6,172 | €1,578 | -€4,594 | -74.4% |
| Other amounts receivable | 41 | €3,808 | €3,814 | +€6 | +0.2% |
| Current investments | 50/53 | €22,630 | - | -€22,630 | |
| Cash at bank and in hand | 54/58 | €55,175 | €47,629 | -€7,546 | -13.7% |
| Deferred charges and accrued income | 490/1 | - | €747 | +€747 | |
| Total equity and liabilities | 10/49 | €116,161 | €105,101 | -€11,061 | -9.5% |
| Equity | 10/15 | €77,397 | €87,855 | +€10,458 | +13.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €58,797 | €69,255 | +€10,458 | +17.8% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €56,937 | €67,395 | +€10,458 | +18.4% |
| Amounts payable | 17/49 | €38,764 | €17,246 | -€21,519 | -55.5% |
| Amounts payable within one year | 42/48 | €38,764 | €17,246 | -€21,519 | -55.5% |
| Trade debts | 44 | €12,725 | €7,275 | -€5,450 | -42.8% |
| Suppliers | 440/4 | €12,725 | €7,275 | -€5,450 | -42.8% |
| Taxes, remuneration and social security | 45 | €24,640 | €8,570 | -€16,071 | -65.2% |
| Taxes | 450/3 | €11,432 | €2,045 | -€9,387 | -82.1% |
| Remuneration and social security | 454/9 | €13,208 | €6,524 | -€6,684 | -50.6% |
| Other amounts payable | 47/48 | €1,399 | €1,401 | +€2 | +0.1% |
| Remuneration, social security and pensions | 62 | €77,652 | €93,662 | +€16,010 | +20.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,637 | €6,169 | +€1,533 | +33.1% |
| Other operating charges | 640/8 | €3,066 | €2,816 | -€250 | -8.1% |
| Non-recurring operating charges | 66A | €790 | - | -€790 | |
| Gross operating margin | 9900 | €84,351 | €113,000 | +€28,649 | +34.0% |
| Operating profit (loss) | 9901 | -€1,794 | €10,352 | +€12,146 | |
| Financial income | 75/76B | €596 | €708 | +€112 | +18.7% |
| Recurring financial income | 75 | €596 | €614 | +€18 | +3.0% |
| Non-recurring financial income | 76B | - | €94 | +€94 | |
| Financial charges | 65/66B | €487 | €602 | +€115 | +23.6% |
| Recurring financial charges | 65 | €487 | €602 | +€115 | +23.6% |
| Profit (loss) for the period before taxes | 9903 | -€1,685 | €10,458 | +€12,143 | |
| Profit (loss) for the period | 9904 | -€1,685 | €10,458 | +€12,143 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,685 | €10,458 | +€12,143 |
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 22 October 2026 via checked.be.