DEPUYDT GEERT: what changed
DEPUYDT GEERT
Largest movements
- Cash +€19,316
up €19,316 (+68.6%), from €28,163 to €47,479
mainly Net result for the year (+€17,913) and Depreciation (+€11,901)
- Tangible fixed assets -€11,901
down €11,901 (-59.2%), from €20,112 to €8,211
of which Furniture and vehicles: -€11,901
- Reserves +€16,000
up €16,000 (+10.8%), from €147,960 to €163,960
of which Distributable reserves: +€16,000
- Other debts +€10,469
up €10,469 (+9.1%), from €115,351 to €125,821
- Trade debts -€6,876
down €6,876 (-55.2%), from €12,452 to €5,577
- Debts after one year -€5,699
no longer reported in 2025 (was €5,699)
- Current portion of long-term debt -€5,218
down €5,218 (-48.3%), from €10,804 to €5,586
- Gross operating margin -€11,538
down €11,538 (-21.8%), from €52,978 to €41,440
- Taxes -€2,903
down €2,903 (-27.8%), from €10,454 to €7,551
- Financial income -€1,100
down €1,100 (-15.1%), from €7,280 to €6,181
- Depreciation -€1,006
down €1,006 (-7.8%), from €12,907 to €11,901
- Other operating charges +€540
up €540 (+34.3%), from €1,576 to €2,116
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €324,294 | €333,454 | +€9,161 | +2.8% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €20,382 | €8,211 | -€12,171 | -59.7% |
| Tangible fixed assets | 22/27 | €20,112 | €8,211 | -€11,901 | -59.2% |
| Land and buildings | 22 | €0 | €0 | = | |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €20,112 | €8,211 | -€11,901 | -59.2% |
| Financial fixed assets | 28 | €270 | - | -€270 | |
| Current assets | 29/58 | €303,912 | €325,243 | +€21,331 | +7.0% |
| Amounts receivable within one year | 40/41 | €18,310 | €21,528 | +€3,218 | +17.6% |
| Trade receivables | 40 | €18,310 | €20,178 | +€1,868 | +10.2% |
| Other amounts receivable | 41 | - | €1,350 | +€1,350 | |
| Current investments | 50/53 | €252,193 | €253,056 | +€863 | +0.3% |
| Cash at bank and in hand | 54/58 | €28,163 | €47,479 | +€19,316 | +68.6% |
| Deferred charges and accrued income | 490/1 | €5,246 | €3,180 | -€2,066 | -39.4% |
| Total equity and liabilities | 10/49 | €324,294 | €333,454 | +€9,161 | +2.8% |
| Equity | 10/15 | €176,607 | €192,854 | +€16,247 | +9.2% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €147,960 | €163,960 | +€16,000 | +10.8% |
| Tax-exempt reserves | 132 | €5,500 | €5,500 | = | 0.0% |
| Distributable reserves | 133 | €142,460 | €158,460 | +€16,000 | +11.2% |
| Profit (loss) carried forward | 14 | €16,247 | €16,494 | +€247 | +1.5% |
| Amounts payable | 17/49 | €147,687 | €140,601 | -€7,086 | -4.8% |
| Amounts payable after more than one year | 17 | €5,699 | - | -€5,699 | |
| Financial debts | 170/4 | €5,699 | - | -€5,699 | |
| Amounts payable within one year | 42/48 | €141,978 | €140,595 | -€1,383 | -1.0% |
| Current portion of amounts payable after more than one year | 42 | €10,804 | €5,586 | -€5,218 | -48.3% |
| Trade debts | 44 | €12,452 | €5,577 | -€6,876 | -55.2% |
| Suppliers | 440/4 | €12,452 | €5,577 | -€6,876 | -55.2% |
| Taxes, remuneration and social security | 45 | €3,370 | €3,611 | +€241 | +7.2% |
| Taxes | 450/3 | €3,370 | €3,611 | +€241 | +7.2% |
| Other amounts payable | 47/48 | €115,351 | €125,821 | +€10,469 | +9.1% |
| Accrued charges and deferred income | 492/3 | €10 | €6 | -€4 | -44.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,907 | €11,901 | -€1,006 | -7.8% |
| Other operating charges | 640/8 | €1,576 | €2,116 | +€540 | +34.3% |
| Gross operating margin | 9900 | €52,978 | €41,440 | -€11,538 | -21.8% |
| Operating profit (loss) | 9901 | €38,496 | €27,423 | -€11,072 | -28.8% |
| Financial income | 75/76B | €7,280 | €6,181 | -€1,100 | -15.1% |
| Recurring financial income | 75 | €7,280 | €6,181 | -€1,100 | -15.1% |
| Financial charges | 65/66B | €7,647 | €8,140 | +€493 | +6.4% |
| Recurring financial charges | 65 | €7,647 | €8,140 | +€493 | +6.4% |
| Profit (loss) for the period before taxes | 9903 | €38,129 | €25,464 | -€12,665 | -33.2% |
| Income taxes | 67/77 | €10,454 | €7,551 | -€2,903 | -27.8% |
| Profit (loss) for the period | 9904 | €27,675 | €17,913 | -€9,762 | -35.3% |
| Profit (loss) for the period to be appropriated | 9905 | €27,675 | €17,913 | -€9,762 | -35.3% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.