Depot 114: 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 114
Largest movements
- Tangible fixed assets +€4,459
up €4,459 (+10.9%), from €40,748 to €45,208
of which Furniture and vehicles: +€4,068
- Stocks and contracts +€1,208
up €1,208 (+18.6%), from €6,511 to €7,719
- Cash +€1,160
up €1,160 (+5.9%), from €19,722 to €20,882
mainly Other debts (+€16,495) and Depreciation (+€14,811)
- Receivables within one year +€910
up €910 (+15.6%), from €5,817 to €6,727
of which Other amounts receivable: +€4,200
- Other debts +€16,495
up €16,495 (+26.7%), from €61,674 to €78,169
- Trade debts -€9,338
down €9,338 (-36.7%), from €25,441 to €16,103
- Tax, wage and social debts +€922
up €922 (+3.2%), from €29,248 to €30,170
of which Taxes: +€4,083
- Staff costs -€19,790
down €19,790 (-12.5%), from €158,908 to €139,118
- Depreciation -€6,233
down €6,233 (-29.6%), from €21,044 to €14,811
- Taxes +€4,085
new in 2025: €4,085
- Gross operating margin +€3,932
up €3,932 (+2.4%), from €161,171 to €165,104
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 | €72,798 | €80,535 | +€7,737 | +10.6% |
| Fixed assets | 21/28 | €40,748 | €45,208 | +€4,459 | +10.9% |
| Tangible fixed assets | 22/27 | €40,748 | €45,208 | +€4,459 | +10.9% |
| Plant, machinery and equipment | 23 | €33,399 | €33,791 | +€392 | +1.2% |
| Furniture and vehicles | 24 | €7,349 | €11,417 | +€4,068 | +55.4% |
| Current assets | 29/58 | €32,050 | €35,328 | +€3,278 | +10.2% |
| Stocks and contracts in progress | 3 | €6,511 | €7,719 | +€1,208 | +18.6% |
| Stocks | 30/36 | €6,511 | €7,719 | +€1,208 | +18.6% |
| Amounts receivable within one year | 40/41 | €5,817 | €6,727 | +€910 | +15.6% |
| Trade receivables | 40 | €5,445 | €2,155 | -€3,290 | -60.4% |
| Other amounts receivable | 41 | €372 | €4,572 | +€4,200 | +1,129% |
| Cash at bank and in hand | 54/58 | €19,722 | €20,882 | +€1,160 | +5.9% |
| Total equity and liabilities | 10/49 | €72,798 | €80,535 | +€7,737 | +10.6% |
| Equity | 10/15 | -€44,065 | -€43,907 | +€158 | +0.4% |
| Contributions | 10/11 | €11,800 | €11,800 | = | 0.0% |
| Reserves | 13 | €11,900 | €11,900 | = | 0.0% |
| Distributable reserves | 133 | €11,900 | €11,900 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€67,765 | -€67,607 | +€158 | +0.2% |
| Amounts payable | 17/49 | €116,863 | €124,443 | +€7,579 | +6.5% |
| Amounts payable within one year | 42/48 | €116,863 | €124,443 | +€7,579 | +6.5% |
| Trade debts | 44 | €25,441 | €16,103 | -€9,338 | -36.7% |
| Suppliers | 440/4 | €25,441 | €16,103 | -€9,338 | -36.7% |
| Advances received on contracts in progress | 46 | €500 | - | -€500 | |
| Taxes, remuneration and social security | 45 | €29,248 | €30,170 | +€922 | +3.2% |
| Taxes | 450/3 | €9,868 | €13,951 | +€4,083 | +41.4% |
| Remuneration and social security | 454/9 | €19,380 | €16,219 | -€3,161 | -16.3% |
| Other amounts payable | 47/48 | €61,674 | €78,169 | +€16,495 | +26.7% |
| Remuneration, social security and pensions | 62 | €158,908 | €139,118 | -€19,790 | -12.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,044 | €14,811 | -€6,233 | -29.6% |
| Other operating charges | 640/8 | €4,688 | €5,861 | +€1,172 | +25.0% |
| Gross operating margin | 9900 | €161,171 | €165,104 | +€3,932 | +2.4% |
| Operating profit (loss) | 9901 | -€23,470 | €5,314 | +€28,783 | |
| Financial income | 75/76B | €189 | €781 | +€592 | +312% |
| Recurring financial income | 75 | €189 | €781 | +€592 | +312% |
| Financial charges | 65/66B | €2,259 | €1,852 | -€408 | -18.0% |
| Recurring financial charges | 65 | €2,259 | €1,852 | -€408 | -18.0% |
| Profit (loss) for the period before taxes | 9903 | -€25,540 | €4,243 | +€29,783 | |
| Income taxes | 67/77 | - | €4,085 | +€4,085 | |
| Profit (loss) for the period | 9904 | -€25,540 | €158 | +€25,697 | |
| Profit (loss) for the period to be appropriated | 9905 | -€25,540 | €158 | +€25,697 |
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 29 October 2026 via checked.be.