DEPOVERE W. & A.: 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.
DEPOVERE W. & A.
Largest movements
- Cash +€112,639
up €112,639 (+74.8%), from €150,505 to €263,144
mainly Net result for the year (+€123,822) and Receivables within one year (+€45,014)
- Receivables within one year -€45,014
down €45,014 (-40.8%), from €110,442 to €65,429
of which Other amounts receivable: -€37,222
- Reserves +€44,716
up €44,716 (+5.7%), from €778,078 to €822,794
of which Distributable reserves: +€44,643
- Tax, wage and social debts +€23,484
up €23,484 (+275%), from €8,536 to €32,019
of which Taxes: +€23,436
- Gross operating margin -€13,157
down €13,157 (-7.0%), from €186,711 to €173,554
- Taxes -€5,142
down €5,142 (-8.7%), from €58,990 to €53,848
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 | €795,374 | €862,825 | +€67,451 | +8.5% |
| Fixed assets | 21/28 | €28,983 | €27,261 | -€1,722 | -5.9% |
| Tangible fixed assets | 22/27 | €28,983 | €27,261 | -€1,722 | -5.9% |
| Land and buildings | 22 | €23,400 | €21,500 | -€1,900 | -8.1% |
| Plant, machinery and equipment | 23 | €3,521 | €1,539 | -€1,981 | -56.3% |
| Furniture and vehicles | 24 | €2,062 | €4,222 | +€2,160 | +105% |
| Current assets | 29/58 | €766,391 | €835,563 | +€69,172 | +9.0% |
| Amounts receivable within one year | 40/41 | €110,442 | €65,429 | -€45,014 | -40.8% |
| Trade receivables | 40 | €35,926 | €28,134 | -€7,792 | -21.7% |
| Other amounts receivable | 41 | €74,516 | €37,294 | -€37,222 | -50.0% |
| Current investments | 50/53 | €500,000 | €500,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €150,505 | €263,144 | +€112,639 | +74.8% |
| Deferred charges and accrued income | 490/1 | €5,443 | €6,991 | +€1,547 | +28.4% |
| Total equity and liabilities | 10/49 | €795,374 | €862,825 | +€67,451 | +8.5% |
| Equity | 10/15 | €784,278 | €828,994 | +€44,716 | +5.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €778,078 | €822,794 | +€44,716 | +5.7% |
| Tax-exempt reserves | 132 | €1,639 | €1,713 | +€74 | +4.5% |
| Distributable reserves | 133 | €776,439 | €821,081 | +€44,643 | +5.7% |
| Amounts payable | 17/49 | €11,096 | €33,831 | +€22,734 | +205% |
| Amounts payable within one year | 42/48 | €11,096 | €33,831 | +€22,734 | +205% |
| Trade debts | 44 | €2,561 | €1,811 | -€749 | -29.3% |
| Suppliers | 440/4 | €2,561 | €1,811 | -€749 | -29.3% |
| Taxes, remuneration and social security | 45 | €8,536 | €32,019 | +€23,484 | +275% |
| Taxes | 450/3 | €8,536 | €31,971 | +€23,436 | +275% |
| Remuneration and social security | 454/9 | - | €48 | +€48 | |
| Remuneration, social security and pensions | 62 | €66 | - | -€66 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,270 | €4,788 | -€483 | -9.2% |
| Other operating charges | 640/8 | €1,664 | €1,724 | +€59 | +3.6% |
| Gross operating margin | 9900 | €186,711 | €173,554 | -€13,157 | -7.0% |
| Operating profit (loss) | 9901 | €179,710 | €167,043 | -€12,667 | -7.0% |
| Financial income | 75/76B | €10,279 | €11,157 | +€879 | +8.5% |
| Recurring financial income | 75 | €10,279 | €11,157 | +€879 | +8.5% |
| Financial charges | 65/66B | €431 | €530 | +€99 | +22.9% |
| Recurring financial charges | 65 | €431 | €530 | +€99 | +22.9% |
| Profit (loss) for the period before taxes | 9903 | €189,558 | €177,670 | -€11,887 | -6.3% |
| Income taxes | 67/77 | €58,990 | €53,848 | -€5,142 | -8.7% |
| Profit (loss) for the period | 9904 | €130,568 | €123,822 | -€6,746 | -5.2% |
| Transfer to tax-exempt reserves | 689 | €71 | €74 | +€3 | +3.8% |
| Profit (loss) for the period to be appropriated | 9905 | €130,497 | €123,748 | -€6,748 | -5.2% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.