DEPUYDT PETER: 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.
DEPUYDT PETER
Largest movements
- Receivables after one year -€75,000
down €75,000 (-100%), from €75,000 to €0
- Tangible fixed assets -€21,588
down €21,588 (-26.2%), from €82,366 to €60,778
of which Land and buildings: -€14,839
- Receivables within one year -€12,603
down €12,603 (-15.0%), from €84,067 to €71,464
of which Trade receivables: -€8,564
- Cash -€10,353
down €10,353 (-10.1%), from €102,098 to €91,745
mainly Contributions, distributions and other (-€47,631) and Other debts (-€36,526)
- Reserves -€64,830
down €64,830 (-38.1%), from €170,143 to €105,313
of which Distributable reserves: -€64,830
- Other debts -€36,526
down €36,526 (-48.1%), from €75,991 to €39,465
- Debts after one year -€18,348
down €18,348 (-59.6%), from €30,801 to €12,453
- Trade debts +€4,942
up €4,942 (+609%), from €811 to €5,753
- Turnover -€148,040
no longer reported in 2025 (was €148,040)
- Gross operating margin -€28,615
down €28,615 (-69.8%), from €40,984 to €12,369
- Financial charges -€4,892
down €4,892 (-77.1%), from €6,347 to €1,455
- Taxes -€4,674
down €4,674 (-58.9%), from €7,930 to €3,256
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 | €344,453 | €226,309 | -€118,144 | -34.3% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €83,288 | €61,699 | -€21,589 | -25.9% |
| Tangible fixed assets | 22/27 | €82,366 | €60,778 | -€21,588 | -26.2% |
| Land and buildings | 22 | €65,086 | €50,247 | -€14,839 | -22.8% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €12,636 | €6,156 | -€6,480 | -51.3% |
| Leasing and similar rights | 25 | €4,644 | €4,375 | -€269 | -5.8% |
| Financial fixed assets | 28 | €922 | €922 | -€0 | 0.0% |
| Current assets | 29/58 | €261,165 | €164,610 | -€96,555 | -37.0% |
| Amounts receivable after more than one year | 29 | €75,000 | €0 | -€75,000 | -100% |
| Other amounts receivable | 291 | €75,000 | €0 | -€75,000 | -100% |
| Stocks and contracts in progress | 3 | - | €1,295 | +€1,295 | |
| Contracts in progress | 37 | - | €1,295 | +€1,295 | |
| Amounts receivable within one year | 40/41 | €84,067 | €71,464 | -€12,603 | -15.0% |
| Trade receivables | 40 | €77,664 | €69,100 | -€8,564 | -11.0% |
| Other amounts receivable | 41 | €6,403 | €2,364 | -€4,039 | -63.1% |
| Cash at bank and in hand | 54/58 | €102,098 | €91,745 | -€10,353 | -10.1% |
| Deferred charges and accrued income | 490/1 | - | €106 | +€106 | |
| Total equity and liabilities | 10/49 | €344,453 | €226,309 | -€118,144 | -34.3% |
| Equity | 10/15 | €176,343 | €111,513 | -€64,830 | -36.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €170,143 | €105,313 | -€64,830 | -38.1% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €168,283 | €103,453 | -€64,830 | -38.5% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Provisions and deferred taxes | 16 | €41,289 | €41,289 | -€0 | 0.0% |
| Provisions for liabilities and charges | 160/5 | €41,289 | €41,289 | -€0 | 0.0% |
| Pensions and similar obligations | 160 | €41,289 | €41,289 | -€0 | 0.0% |
| Amounts payable | 17/49 | €126,821 | €73,507 | -€53,314 | -42.0% |
| Amounts payable after more than one year | 17 | €30,801 | €12,453 | -€18,348 | -59.6% |
| Financial debts | 170/4 | €30,801 | €12,453 | -€18,348 | -59.6% |
| Amounts payable within one year | 42/48 | €96,020 | €61,055 | -€34,965 | -36.4% |
| Current portion of amounts payable after more than one year | 42 | €13,051 | €15,428 | +€2,377 | +18.2% |
| Financial debts | 43 | €2,913 | €0 | -€2,913 | -100% |
| Credit institutions | 430/8 | €2,913 | €0 | -€2,913 | -100% |
| Trade debts | 44 | €811 | €5,753 | +€4,942 | +609% |
| Suppliers | 440/4 | €811 | €5,753 | +€4,942 | +609% |
| Taxes, remuneration and social security | 45 | €3,254 | €409 | -€2,845 | -87.4% |
| Taxes | 450/3 | €3,254 | €409 | -€2,845 | -87.4% |
| Other amounts payable | 47/48 | €75,991 | €39,465 | -€36,526 | -48.1% |
| Turnover | 70 | €148,040 | - | -€148,040 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,847 | €21,589 | -€258 | -1.2% |
| Other operating charges | 640/8 | €3,822 | €3,268 | -€554 | -14.5% |
| Gross operating margin | 9900 | €40,984 | €12,369 | -€28,615 | -69.8% |
| Operating profit (loss) | 9901 | €15,315 | -€12,488 | -€27,803 | |
| Financial charges | 65/66B | €6,347 | €1,455 | -€4,892 | -77.1% |
| Recurring financial charges | 65 | €6,347 | €1,455 | -€4,892 | -77.1% |
| Profit (loss) for the period before taxes | 9903 | €8,968 | -€13,943 | -€22,911 | |
| Income taxes | 67/77 | €7,930 | €3,256 | -€4,674 | -58.9% |
| Profit (loss) for the period | 9904 | €1,038 | -€17,199 | -€18,237 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,038 | -€17,199 | -€18,237 |
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.