Depot Stores: 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 Stores
Largest movements
- Stocks and contracts -€236,955
down €236,955 (-75.9%), from €312,389 to €75,434
- Tangible fixed assets -€53,966
down €53,966 (-10.9%), from €493,274 to €439,308
of which Land and buildings: -€51,128
- Deferred charges and accrued income +€39,934
up €39,934 (+751%), from €5,316 to €45,250
- Receivables within one year -€29,535
down €29,535 (-9.6%), from €308,798 to €279,263
of which Trade receivables: -€93,186
- Cash -€23,619
down €23,619 (-94.5%), from €24,981 to €1,362
mainly Net result for the year (-€194,910) and Other debts (-€95,319)
- Reserves -€194,910
down €194,910 (-95.4%), from €204,298 to €9,388
- Other debts -€95,319
down €95,319 (-79.5%), from €119,960 to €24,641
- Debts after one year -€45,777
down €45,777 (-9.8%), from €465,740 to €419,963
- Short-term financial debts +€39,326
up €39,326 (+19.7%), from €200,000 to €239,326
- Accrued charges and deferred income -€31,083
down €31,083 (-95.1%), from €32,695 to €1,612
- Write-downs +€83,783
new in 2024: €83,783
- Gross operating margin -€44,474
down €44,474 (-117%), from -€37,916 to -€82,390
- Financial income +€35,407
up €35,407 (+872%), from €4,060 to €39,467
- Financial charges +€11,930
up €11,930 (+33.0%), from €36,195 to €48,126
- Other operating charges -€2,897
down €2,897 (-50.6%), from €5,721 to €2,824
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,144,757 | €840,616 | -€304,141 | -26.6% |
| Fixed assets | 21/28 | €493,274 | €439,308 | -€53,966 | -10.9% |
| Tangible fixed assets | 22/27 | €493,274 | €439,308 | -€53,966 | -10.9% |
| Land and buildings | 22 | €482,871 | €431,743 | -€51,128 | -10.6% |
| Plant, machinery and equipment | 23 | €2,567 | €1,231 | -€1,335 | -52.0% |
| Furniture and vehicles | 24 | €7,836 | €6,333 | -€1,503 | -19.2% |
| Current assets | 29/58 | €651,483 | €401,308 | -€250,175 | -38.4% |
| Stocks and contracts in progress | 3 | €312,389 | €75,434 | -€236,955 | -75.9% |
| Stocks | 30/36 | €312,389 | €75,434 | -€236,955 | -75.9% |
| Amounts receivable within one year | 40/41 | €308,798 | €279,263 | -€29,535 | -9.6% |
| Trade receivables | 40 | €308,796 | €215,609 | -€93,186 | -30.2% |
| Other amounts receivable | 41 | €2 | €63,653 | +€63,651 | +3,104,938% |
| Cash at bank and in hand | 54/58 | €24,981 | €1,362 | -€23,619 | -94.5% |
| Deferred charges and accrued income | 490/1 | €5,316 | €45,250 | +€39,934 | +751% |
| Total equity and liabilities | 10/49 | €1,144,757 | €840,616 | -€304,141 | -26.6% |
| Equity | 10/15 | €209,298 | €14,388 | -€194,910 | -93.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €204,298 | €9,388 | -€194,910 | -95.4% |
| Distributable reserves | 133 | €204,298 | €9,388 | -€194,910 | -95.4% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €935,459 | €826,228 | -€109,231 | -11.7% |
| Amounts payable after more than one year | 17 | €465,740 | €419,963 | -€45,777 | -9.8% |
| Financial debts | 170/4 | €465,740 | €419,963 | -€45,777 | -9.8% |
| Amounts payable within one year | 42/48 | €437,024 | €404,653 | -€32,371 | -7.4% |
| Current portion of amounts payable after more than one year | 42 | €44,533 | €45,777 | +€1,244 | +2.8% |
| Financial debts | 43 | €200,000 | €239,326 | +€39,326 | +19.7% |
| Credit institutions | 430/8 | €200,000 | €239,326 | +€39,326 | +19.7% |
| Trade debts | 44 | €57,815 | €61,282 | +€3,467 | +6.0% |
| Suppliers | 440/4 | €57,815 | €61,282 | +€3,467 | +6.0% |
| Taxes, remuneration and social security | 45 | €14,716 | €33,628 | +€18,912 | +129% |
| Taxes | 450/3 | €11,296 | €30,108 | +€18,812 | +167% |
| Remuneration and social security | 454/9 | €3,420 | €3,520 | +€100 | +2.9% |
| Other amounts payable | 47/48 | €119,960 | €24,641 | -€95,319 | -79.5% |
| Accrued charges and deferred income | 492/3 | €32,695 | €1,612 | -€31,083 | -95.1% |
| Non-recurring operating income | 76A | €17,267 | €12,702 | -€4,565 | -26.4% |
| Remuneration, social security and pensions | 62 | €26 | -€66 | -€92 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,086 | €17,050 | -€36 | -0.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €83,783 | +€83,783 | |
| Other operating charges | 640/8 | €5,721 | €2,824 | -€2,897 | -50.6% |
| Non-recurring operating charges | 66A | €647 | €270 | -€378 | -58.3% |
| Gross operating margin | 9900 | -€37,916 | -€82,390 | -€44,474 | -117% |
| Operating profit (loss) | 9901 | -€61,396 | -€186,251 | -€124,855 | -203% |
| Financial income | 75/76B | €4,060 | €39,467 | +€35,407 | +872% |
| Recurring financial income | 75 | €4,060 | €39,467 | +€35,407 | +872% |
| Financial charges | 65/66B | €36,195 | €48,126 | +€11,930 | +33.0% |
| Recurring financial charges | 65 | €36,195 | €48,126 | +€11,930 | +33.0% |
| Profit (loss) for the period before taxes | 9903 | -€93,532 | -€194,910 | -€101,379 | -108% |
| Profit (loss) for the period | 9904 | -€93,532 | -€194,910 | -€101,379 | -108% |
| Profit (loss) for the period to be appropriated | 9905 | -€93,532 | -€194,910 | -€101,379 | -108% |
Source: filed annual accounts (NBB), financial years ended 30 September 2023 and 30 September 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.