DEPROCO: 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.
DEPROCO
Largest movements
- Receivables within one year -€66,625
down €66,625 (-29.8%), from €223,401 to €156,776
of which Trade receivables: -€41,460
- Profit (loss) carried forward -€57,047
down €57,047 (-46.4%), from -€122,891 to -€179,938
- Current portion of long-term debt -€6,172
down €6,172 (-62.9%), from €9,808 to €3,636
- Tax, wage and social debts -€4,534
down €4,534 (-51.0%), from €8,892 to €4,358
- Gross operating margin -€68,622
down €68,622, from €22,910 to -€45,711
- Financial charges +€1,998
up €1,998 (+54.0%), from €3,702 to €5,701
- Other operating charges -€1,145
down €1,145 (-28.3%), from €4,045 to €2,900
- Depreciation +€826
up €826 (+49.8%), from €1,656 to €2,482
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 | €417,718 | €342,710 | -€75,007 | -18.0% |
| Fixed assets | 21/28 | €180,839 | €178,358 | -€2,482 | -1.4% |
| Tangible fixed assets | 22/27 | €8,502 | €6,020 | -€2,482 | -29.2% |
| Furniture and vehicles | 24 | €8,502 | €6,020 | -€2,482 | -29.2% |
| Financial fixed assets | 28 | €172,338 | €172,338 | = | 0.0% |
| Current assets | 29/58 | €236,878 | €164,352 | -€72,526 | -30.6% |
| Amounts receivable after more than one year | 29 | €8,352 | €4,364 | -€3,988 | -47.7% |
| Trade receivables | 290 | €8,352 | €4,364 | -€3,988 | -47.7% |
| Amounts receivable within one year | 40/41 | €223,401 | €156,776 | -€66,625 | -29.8% |
| Trade receivables | 40 | €60,960 | €19,500 | -€41,460 | -68.0% |
| Other amounts receivable | 41 | €162,441 | €137,276 | -€25,165 | -15.5% |
| Cash at bank and in hand | 54/58 | €1,620 | €359 | -€1,262 | -77.9% |
| Deferred charges and accrued income | 490/1 | €3,505 | €2,854 | -€651 | -18.6% |
| Total equity and liabilities | 10/49 | €417,718 | €342,710 | -€75,007 | -18.0% |
| Equity | 10/15 | €113,267 | €56,220 | -€57,047 | -50.4% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €216,158 | €216,158 | = | 0.0% |
| Distributable reserves | 133 | €216,158 | €216,158 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€122,891 | -€179,938 | -€57,047 | -46.4% |
| Amounts payable | 17/49 | €304,451 | €286,490 | -€17,960 | -5.9% |
| Amounts payable after more than one year | 17 | €6,059 | €3,515 | -€2,544 | -42.0% |
| Financial debts | 170/4 | €6,059 | €3,515 | -€2,544 | -42.0% |
| Amounts payable within one year | 42/48 | €298,392 | €282,975 | -€15,417 | -5.2% |
| Current portion of amounts payable after more than one year | 42 | €9,808 | €3,636 | -€6,172 | -62.9% |
| Financial debts | 43 | €6,433 | €8,882 | +€2,449 | +38.1% |
| Credit institutions | 430/8 | €6,433 | €8,882 | +€2,449 | +38.1% |
| Trade debts | 44 | €24,223 | €20,495 | -€3,728 | -15.4% |
| Suppliers | 440/4 | €24,223 | €20,495 | -€3,728 | -15.4% |
| Taxes, remuneration and social security | 45 | €8,892 | €4,358 | -€4,534 | -51.0% |
| Taxes | 450/3 | €8,892 | €4,358 | -€4,534 | -51.0% |
| Other amounts payable | 47/48 | €249,036 | €245,604 | -€3,431 | -1.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,656 | €2,482 | +€826 | +49.8% |
| Other operating charges | 640/8 | €4,045 | €2,900 | -€1,145 | -28.3% |
| Gross operating margin | 9900 | €22,910 | -€45,711 | -€68,622 | |
| Operating profit (loss) | 9901 | €17,209 | -€51,093 | -€68,302 | |
| Financial income | 75/76B | €0 | €0 | -€0 | -91.9% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -91.9% |
| Financial charges | 65/66B | €3,702 | €5,701 | +€1,998 | +54.0% |
| Recurring financial charges | 65 | €3,702 | €5,701 | +€1,998 | +54.0% |
| Profit (loss) for the period before taxes | 9903 | €13,507 | -€56,794 | -€70,301 | |
| Income taxes | 67/77 | €655 | €254 | -€401 | -61.3% |
| Profit (loss) for the period | 9904 | €12,852 | -€57,047 | -€69,899 | |
| Profit (loss) for the period to be appropriated | 9905 | €12,852 | -€57,047 | -€69,899 |
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 28 October 2026 via checked.be.