DEPROC: 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.
DEPROC
Largest movements
- Tangible fixed assets +€163,433
up €163,433 (+59.0%), from €277,121 to €440,554
of which Land and buildings: +€146,036
- Receivables within one year +€142,585
up €142,585 (+110%), from €130,198 to €272,784
of which Trade receivables: +€142,341
- Cash +€68,235
up €68,235 (+939%), from €7,269 to €75,504
mainly Other debts (+€298,744) and Trade debts (+€73,310)
- Other debts +€298,744
up €298,744 (+400%), from €74,657 to €373,401
- Trade debts +€73,310
up €73,310 (+133%), from €55,026 to €128,336
- Profit (loss) carried forward +€26,539
up €26,539 (+13.7%), from -€194,384 to -€167,845
- Short-term financial debts -€16,026
no longer reported in 2025 (was €16,026)
- Debts after one year -€12,623
down €12,623 (-6.9%), from €183,848 to €171,225
- Staff costs -€32,091
down €32,091 (-54.0%), from €59,476 to €27,385
- Gross operating margin +€12,073
up €12,073 (+15.5%), from €78,037 to €90,110
- Financial income -€7,614
down €7,614 (-95.2%), from €7,996 to €383
- Depreciation -€2,915
down €2,915 (-11.2%), from €26,002 to €23,087
- Other operating charges +€1,202
up €1,202 (+45.7%), from €2,632 to €3,834
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 | €430,108 | €801,020 | +€370,913 | +86.2% |
| Fixed assets | 21/28 | €277,500 | €440,933 | +€163,433 | +58.9% |
| Tangible fixed assets | 22/27 | €277,121 | €440,554 | +€163,433 | +59.0% |
| Land and buildings | 22 | €264,985 | €411,021 | +€146,036 | +55.1% |
| Plant, machinery and equipment | 23 | €5,294 | €10,797 | +€5,503 | +104% |
| Furniture and vehicles | 24 | €6,841 | €18,735 | +€11,894 | +174% |
| Financial fixed assets | 28 | €379 | €379 | = | 0.0% |
| Current assets | 29/58 | €152,608 | €360,088 | +€207,480 | +136% |
| Stocks and contracts in progress | 3 | €12,740 | €11,800 | -€940 | -7.4% |
| Stocks | 30/36 | €12,740 | €11,800 | -€940 | -7.4% |
| Amounts receivable within one year | 40/41 | €130,198 | €272,784 | +€142,585 | +110% |
| Trade receivables | 40 | €123,775 | €266,116 | +€142,341 | +115% |
| Other amounts receivable | 41 | €6,424 | €6,668 | +€244 | +3.8% |
| Cash at bank and in hand | 54/58 | €7,269 | €75,504 | +€68,235 | +939% |
| Deferred charges and accrued income | 490/1 | €2,400 | - | -€2,400 | |
| Total equity and liabilities | 10/49 | €430,108 | €801,020 | +€370,913 | +86.2% |
| Equity | 10/15 | €66,360 | €92,900 | +€26,539 | +40.0% |
| Contributions | 10/11 | €185,100 | €185,100 | = | 0.0% |
| Reserves | 13 | €75,645 | €75,645 | = | 0.0% |
| Non-distributable reserves | 130/1 | €18,510 | €18,510 | = | 0.0% |
| Reserves not available under the articles | 1311 | €18,510 | €18,510 | = | 0.0% |
| Tax-exempt reserves | 132 | €31,396 | €31,396 | = | 0.0% |
| Distributable reserves | 133 | €25,738 | €25,738 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€194,384 | -€167,845 | +€26,539 | +13.7% |
| Amounts payable | 17/49 | €363,748 | €708,121 | +€344,373 | +94.7% |
| Amounts payable after more than one year | 17 | €183,848 | €171,225 | -€12,623 | -6.9% |
| Financial debts | 170/4 | €183,848 | €171,225 | -€12,623 | -6.9% |
| Amounts payable within one year | 42/48 | €179,900 | €536,896 | +€356,996 | +198% |
| Current portion of amounts payable after more than one year | 42 | €28,442 | €23,044 | -€5,398 | -19.0% |
| Financial debts | 43 | €16,026 | - | -€16,026 | |
| Credit institutions | 430/8 | €16,026 | - | -€16,026 | |
| Trade debts | 44 | €55,026 | €128,336 | +€73,310 | +133% |
| Suppliers | 440/4 | €55,026 | €128,336 | +€73,310 | +133% |
| Taxes, remuneration and social security | 45 | €5,749 | €12,115 | +€6,366 | +111% |
| Taxes | 450/3 | €107 | €2,727 | +€2,621 | +2,455% |
| Remuneration and social security | 454/9 | €5,643 | €9,388 | +€3,745 | +66.4% |
| Other amounts payable | 47/48 | €74,657 | €373,401 | +€298,744 | +400% |
| Remuneration, social security and pensions | 62 | €59,476 | €27,385 | -€32,091 | -54.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,002 | €23,087 | -€2,915 | -11.2% |
| Other operating charges | 640/8 | €2,632 | €3,834 | +€1,202 | +45.7% |
| Non-recurring operating charges | 66A | €37,367 | - | -€37,367 | |
| Gross operating margin | 9900 | €78,037 | €90,110 | +€12,073 | +15.5% |
| Operating profit (loss) | 9901 | -€47,440 | €35,805 | +€83,246 | |
| Financial income | 75/76B | €7,996 | €383 | -€7,614 | -95.2% |
| Recurring financial income | 75 | €7,996 | €383 | -€7,614 | -95.2% |
| Financial charges | 65/66B | €8,401 | €9,153 | +€752 | +9.0% |
| Recurring financial charges | 65 | €8,401 | €9,153 | +€752 | +9.0% |
| Profit (loss) for the period before taxes | 9903 | -€47,845 | €27,034 | +€74,880 | |
| Income taxes | 67/77 | €473 | €495 | +€22 | +4.7% |
| Profit (loss) for the period | 9904 | -€48,318 | €26,539 | +€74,858 | |
| Profit (loss) for the period to be appropriated | 9905 | -€48,318 | €26,539 | +€74,858 |
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 13 October 2026 via checked.be.