DEPRACO: 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.
DEPRACO
Largest movements
- Tangible fixed assets -€137,358
down €137,358 (-8.5%), from €1.6m to €1.5m
of which Land and buildings: -€168,528
- Current investments -€125,000
down €125,000 (-37.9%), from €330,000 to €205,000
- Cash +€30,471
up €30,471 (+92.4%), from €32,990 to €63,462
mainly Depreciation (+€257,953) and Net result for the year (+€145,086)
- Receivables within one year -€27,355
down €27,355 (-49.1%), from €55,748 to €28,393
of which Trade receivables: -€26,844
- Debts after one year -€239,664
down €239,664 (-13.8%), from €1.7m to €1.5m
of which Financial debts: -€194,664
- Profit (loss) carried forward +€145,086
up €145,086 (+10.5%), from -€1.4m to -€1.2m
- Other debts -€113,575
down €113,575 (-28.5%), from €398,123 to €284,548
- Trade debts -€61,481
down €61,481 (-46.0%), from €133,555 to €72,074
- Gross operating margin -€57,324
down €57,324 (-7.5%), from €768,887 to €711,563
- Depreciation -€56,327
down €56,327 (-17.9%), from €314,280 to €257,953
- Staff costs +€12,232
up €12,232 (+5.1%), from €239,290 to €251,522
- Financial charges -€10,461
down €10,461 (-18.9%), from €55,269 to €44,808
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 | €2,051,778 | €1,788,392 | -€263,386 | -12.8% |
| Fixed assets | 21/28 | €1,615,119 | €1,477,761 | -€137,358 | -8.5% |
| Tangible fixed assets | 22/27 | €1,615,119 | €1,477,761 | -€137,358 | -8.5% |
| Land and buildings | 22 | €1,423,575 | €1,255,047 | -€168,528 | -11.8% |
| Plant, machinery and equipment | 23 | €158,492 | €199,068 | +€40,575 | +25.6% |
| Furniture and vehicles | 24 | €33,051 | €23,646 | -€9,405 | -28.5% |
| Current assets | 29/58 | €436,658 | €310,631 | -€126,027 | -28.9% |
| Stocks and contracts in progress | 3 | €1,529 | €954 | -€575 | -37.6% |
| Stocks | 30/36 | €1,529 | €954 | -€575 | -37.6% |
| Amounts receivable within one year | 40/41 | €55,748 | €28,393 | -€27,355 | -49.1% |
| Trade receivables | 40 | €52,280 | €25,436 | -€26,844 | -51.3% |
| Other amounts receivable | 41 | €3,469 | €2,957 | -€511 | -14.7% |
| Current investments | 50/53 | €330,000 | €205,000 | -€125,000 | -37.9% |
| Cash at bank and in hand | 54/58 | €32,990 | €63,462 | +€30,471 | +92.4% |
| Deferred charges and accrued income | 490/1 | €16,391 | €12,823 | -€3,568 | -21.8% |
| Total equity and liabilities | 10/49 | €2,051,778 | €1,788,392 | -€263,386 | -12.8% |
| Equity | 10/15 | -€495,533 | -€350,447 | +€145,086 | +29.3% |
| Contributions | 10/11 | €856,800 | €856,800 | = | 0.0% |
| Capital | 10 | €856,800 | €856,800 | = | 0.0% |
| Issued capital | 100 | €856,800 | €856,800 | = | 0.0% |
| Reserves | 13 | €27,950 | €27,950 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €21,750 | €21,750 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,380,283 | -€1,235,197 | +€145,086 | +10.5% |
| Amounts payable | 17/49 | €2,547,311 | €2,138,839 | -€408,472 | -16.0% |
| Amounts payable after more than one year | 17 | €1,738,669 | €1,499,005 | -€239,664 | -13.8% |
| Financial debts | 170/4 | €1,633,669 | €1,439,005 | -€194,664 | -11.9% |
| Trade debts | 175 | €105,000 | €60,000 | -€45,000 | -42.9% |
| Amounts payable within one year | 42/48 | €807,029 | €638,369 | -€168,660 | -20.9% |
| Current portion of amounts payable after more than one year | 42 | €245,768 | €239,664 | -€6,104 | -2.5% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €133,555 | €72,074 | -€61,481 | -46.0% |
| Suppliers | 440/4 | €133,555 | €72,074 | -€61,481 | -46.0% |
| Taxes, remuneration and social security | 45 | €29,583 | €42,083 | +€12,500 | +42.3% |
| Taxes | 450/3 | €5,746 | €12,916 | +€7,170 | +125% |
| Remuneration and social security | 454/9 | €23,837 | €29,167 | +€5,330 | +22.4% |
| Other amounts payable | 47/48 | €398,123 | €284,548 | -€113,575 | -28.5% |
| Accrued charges and deferred income | 492/3 | €1,613 | €1,465 | -€149 | -9.2% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €239,290 | €251,522 | +€12,232 | +5.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €314,280 | €257,953 | -€56,327 | -17.9% |
| Other operating charges | 640/8 | €20,271 | €20,713 | +€442 | +2.2% |
| Gross operating margin | 9900 | €768,887 | €711,563 | -€57,324 | -7.5% |
| Operating profit (loss) | 9901 | €195,045 | €181,375 | -€13,670 | -7.0% |
| Financial income | 75/76B | €4,519 | €8,776 | +€4,257 | +94.2% |
| Recurring financial income | 75 | €4,519 | €8,776 | +€4,257 | +94.2% |
| Financial charges | 65/66B | €55,269 | €44,808 | -€10,461 | -18.9% |
| Recurring financial charges | 65 | €55,269 | €44,808 | -€10,461 | -18.9% |
| Profit (loss) for the period before taxes | 9903 | €144,294 | €145,343 | +€1,048 | +0.7% |
| Income taxes | 67/77 | €250 | €257 | +€7 | +2.7% |
| Profit (loss) for the period | 9904 | €144,045 | €145,086 | +€1,042 | +0.7% |
| Profit (loss) for the period to be appropriated | 9905 | €144,045 | €145,086 | +€1,042 | +0.7% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.