DEPOT / M: 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 / M
Largest movements
- Tangible fixed assets -€11,698
down €11,698 (-2.9%), from €398,524 to €386,826
of which Land and buildings: -€10,034
- Other debts -€10,665
down €10,665 (-3.8%), from €279,690 to €269,025
- Debts after one year -€9,150
down €9,150 (-7.4%), from €123,685 to €114,535
- Profit (loss) carried forward +€6,055
up €6,055 (+47.8%), from -€12,670 to -€6,615
- Gross operating margin +€9,400
up €9,400 (+60.4%), from €15,551 to €24,951
- Other operating charges +€1,520
up €1,520 (+107%), from €1,424 to €2,944
- Taxes +€676
new in 2025: €676
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 | €409,180 | €394,662 | -€14,517 | -3.5% |
| Fixed assets | 21/28 | €399,126 | €386,826 | -€12,301 | -3.1% |
| Intangible fixed assets | 21 | €603 | - | -€603 | |
| Tangible fixed assets | 22/27 | €398,524 | €386,826 | -€11,698 | -2.9% |
| Land and buildings | 22 | €392,071 | €382,037 | -€10,034 | -2.6% |
| Plant, machinery and equipment | 23 | €3,481 | €2,513 | -€968 | -27.8% |
| Other tangible fixed assets | 26 | €2,972 | €2,276 | -€696 | -23.4% |
| Current assets | 29/58 | €10,053 | €7,836 | -€2,217 | -22.1% |
| Amounts receivable within one year | 40/41 | €4,456 | €2,961 | -€1,495 | -33.6% |
| Trade receivables | 40 | €4,456 | €75 | -€4,381 | -98.3% |
| Other amounts receivable | 41 | - | €2,886 | +€2,886 | |
| Cash at bank and in hand | 54/58 | €5,121 | €4,085 | -€1,036 | -20.2% |
| Deferred charges and accrued income | 490/1 | €476 | €790 | +€314 | +65.9% |
| Total equity and liabilities | 10/49 | €409,180 | €394,662 | -€14,517 | -3.5% |
| Equity | 10/15 | -€9,670 | -€3,615 | +€6,055 | +62.6% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€12,670 | -€6,615 | +€6,055 | +47.8% |
| Amounts payable | 17/49 | €418,850 | €398,277 | -€20,573 | -4.9% |
| Amounts payable after more than one year | 17 | €123,685 | €114,535 | -€9,150 | -7.4% |
| Financial debts | 170/4 | €123,685 | €114,535 | -€9,150 | -7.4% |
| Amounts payable within one year | 42/48 | €295,165 | €283,742 | -€11,423 | -3.9% |
| Current portion of amounts payable after more than one year | 42 | €8,958 | €9,150 | +€192 | +2.1% |
| Trade debts | 44 | €1,774 | €2,166 | +€393 | +22.1% |
| Suppliers | 440/4 | €1,774 | €2,166 | +€393 | +22.1% |
| Taxes, remuneration and social security | 45 | €4,744 | €3,401 | -€1,342 | -28.3% |
| Taxes | 450/3 | €4,744 | €3,401 | -€1,342 | -28.3% |
| Other amounts payable | 47/48 | €279,690 | €269,025 | -€10,665 | -3.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,279 | €12,301 | +€21 | +0.2% |
| Other operating charges | 640/8 | €1,424 | €2,944 | +€1,520 | +107% |
| Gross operating margin | 9900 | €15,551 | €24,951 | +€9,400 | +60.4% |
| Operating profit (loss) | 9901 | €1,848 | €9,706 | +€7,858 | +425% |
| Financial income | 75/76B | €1 | €44 | +€44 | +8,726% |
| Recurring financial income | 75 | €1 | €44 | +€44 | +8,726% |
| Financial charges | 65/66B | €3,131 | €3,018 | -€112 | -3.6% |
| Recurring financial charges | 65 | €3,131 | €3,018 | -€112 | -3.6% |
| Profit (loss) for the period before taxes | 9903 | -€1,283 | €6,732 | +€8,014 | |
| Income taxes | 67/77 | - | €676 | +€676 | |
| Profit (loss) for the period | 9904 | -€1,283 | €6,055 | +€7,338 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,283 | €6,055 | +€7,338 |
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 19 October 2026 via checked.be.