Dept & Co: 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.
Dept & Co
Largest movements
- Current investments +€94,418
new in 2025: €94,418
- Cash -€60,308
down €60,308 (-52.6%), from €114,698 to €54,390
mainly Current investments (-€94,418) and Contributions, distributions and other (-€15,780)
- Tangible fixed assets -€15,528
down €15,528 (-23.1%), from €67,255 to €51,727
of which Furniture and vehicles: -€10,963
- Receivables within one year -€4,461
down €4,461 (-29.9%), from €14,910 to €10,449
of which Trade receivables: -€4,322
- Reserves +€18,833
up €18,833 (+14.3%), from €132,000 to €150,833
- Other debts -€9,982
down €9,982 (-38.8%), from €25,722 to €15,740
- Accrued charges and deferred income +€4,818
new in 2025: €4,818
- Gross operating margin +€26,191
up €26,191 (+68.0%), from €38,499 to €64,690
- Depreciation +€6,266
up €6,266 (+67.7%), from €9,262 to €15,528
- Taxes +€4,700
up €4,700 (+48.6%), from €9,663 to €14,363
- Financial income -€775
down €775 (-48.5%), from €1,599 to €824
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 | €197,301 | €210,984 | +€13,683 | +6.9% |
| Fixed assets | 21/28 | €67,255 | €51,727 | -€15,528 | -23.1% |
| Tangible fixed assets | 22/27 | €67,255 | €51,727 | -€15,528 | -23.1% |
| Land and buildings | 22 | €2,715 | €1,340 | -€1,374 | -50.6% |
| Plant, machinery and equipment | 23 | €3,674 | €2,890 | -€784 | -21.3% |
| Furniture and vehicles | 24 | €48,731 | €37,768 | -€10,963 | -22.5% |
| Other tangible fixed assets | 26 | €12,136 | €9,729 | -€2,407 | -19.8% |
| Current assets | 29/58 | €130,045 | €159,257 | +€29,211 | +22.5% |
| Amounts receivable within one year | 40/41 | €14,910 | €10,449 | -€4,461 | -29.9% |
| Trade receivables | 40 | €14,771 | €10,449 | -€4,322 | -29.3% |
| Other amounts receivable | 41 | €139 | €0 | -€139 | -100% |
| Current investments | 50/53 | - | €94,418 | +€94,418 | |
| Cash at bank and in hand | 54/58 | €114,698 | €54,390 | -€60,308 | -52.6% |
| Deferred charges and accrued income | 490/1 | €437 | €0 | -€437 | -100% |
| Total equity and liabilities | 10/49 | €197,301 | €210,984 | +€13,683 | +6.9% |
| Equity | 10/15 | €150,600 | €169,433 | +€18,833 | +12.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €132,000 | €150,833 | +€18,833 | +14.3% |
| Distributable reserves | 133 | €132,000 | €150,833 | +€18,833 | +14.3% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €46,701 | €41,551 | -€5,150 | -11.0% |
| Amounts payable within one year | 42/48 | €46,701 | €36,733 | -€9,968 | -21.3% |
| Trade debts | 44 | €3,817 | €2,704 | -€1,114 | -29.2% |
| Suppliers | 440/4 | €3,817 | €2,704 | -€1,114 | -29.2% |
| Taxes, remuneration and social security | 45 | €17,162 | €18,290 | +€1,128 | +6.6% |
| Taxes | 450/3 | €14,430 | €16,036 | +€1,606 | +11.1% |
| Remuneration and social security | 454/9 | €2,732 | €2,254 | -€478 | -17.5% |
| Other amounts payable | 47/48 | €25,722 | €15,740 | -€9,982 | -38.8% |
| Accrued charges and deferred income | 492/3 | - | €4,818 | +€4,818 | |
| Non-recurring operating income | 76A | €5,000 | €500 | -€4,500 | -90.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,262 | €15,528 | +€6,266 | +67.7% |
| Other operating charges | 640/8 | €726 | €677 | -€49 | -6.7% |
| Gross operating margin | 9900 | €38,499 | €64,690 | +€26,191 | +68.0% |
| Operating profit (loss) | 9901 | €28,511 | €48,484 | +€19,974 | +70.1% |
| Financial income | 75/76B | €1,599 | €824 | -€775 | -48.5% |
| Recurring financial income | 75 | €1,599 | €824 | -€775 | -48.5% |
| Financial charges | 65/66B | €118 | €332 | +€214 | +180% |
| Recurring financial charges | 65 | €118 | €332 | +€214 | +180% |
| Profit (loss) for the period before taxes | 9903 | €29,991 | €48,976 | +€18,985 | +63.3% |
| Income taxes | 67/77 | €9,663 | €14,363 | +€4,700 | +48.6% |
| Profit (loss) for the period | 9904 | €20,329 | €34,613 | +€14,285 | +70.3% |
| Profit (loss) for the period to be appropriated | 9905 | €20,329 | €34,613 | +€14,285 | +70.3% |
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.