EU DEPOT: 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.
EU DEPOT
Largest movements
- Stocks and contracts -€1.1m
down €1.1m (-92.7%), from €1.2m to €86,763
- Receivables within one year -€217,716
down €217,716 (-24.7%), from €881,587 to €663,871
of which Trade receivables: -€223,426
- Cash -€28,194
down €28,194 (-19.2%), from €147,075 to €118,880
mainly Trade debts (-€1.3m) and Tax, wage and social debts (-€8,896)
- Trade debts -€1.3m
down €1.3m (-64.9%), from €2.0m to €719,008
- Other operating charges -€285,705
down €285,705 (-99.5%), from €287,044 to €1,339
- Gross operating margin -€193,231
down €193,231 (-62.3%), from €310,003 to €116,772
- Write-downs +€101,158
new in 2024: €101,158
- Taxes +€7,827
up €7,827 (+143%), from €5,466 to €13,294
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,211,699 | €869,696 | -€1.3m | -60.7% |
| Current assets | 29/58 | €2,211,699 | €869,696 | -€1.3m | -60.7% |
| Stocks and contracts in progress | 3 | €1,182,855 | €86,763 | -€1.1m | -92.7% |
| Stocks | 30/36 | €1,182,855 | €86,763 | -€1.1m | -92.7% |
| Amounts receivable within one year | 40/41 | €881,587 | €663,871 | -€217,716 | -24.7% |
| Trade receivables | 40 | €833,043 | €609,616 | -€223,426 | -26.8% |
| Other amounts receivable | 41 | €48,544 | €54,255 | +€5,710 | +11.8% |
| Cash at bank and in hand | 54/58 | €147,075 | €118,880 | -€28,194 | -19.2% |
| Deferred charges and accrued income | 490/1 | €182 | €182 | = | 0.0% |
| Total equity and liabilities | 10/49 | €2,211,699 | €869,696 | -€1.3m | -60.7% |
| Equity | 10/15 | €136,527 | €134,079 | -€2,448 | -1.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €116,067 | €113,619 | -€2,448 | -2.1% |
| Amounts payable | 17/49 | €2,075,171 | €735,617 | -€1.3m | -64.6% |
| Amounts payable within one year | 42/48 | €2,075,171 | €735,617 | -€1.3m | -64.6% |
| Trade debts | 44 | €2,049,667 | €719,008 | -€1.3m | -64.9% |
| Suppliers | 440/4 | €2,049,667 | €719,008 | -€1.3m | -64.9% |
| Taxes, remuneration and social security | 45 | €16,842 | €7,946 | -€8,896 | -52.8% |
| Taxes | 450/3 | €9,471 | €7,946 | -€1,525 | -16.1% |
| Remuneration and social security | 454/9 | €7,370 | - | -€7,370 | |
| Other amounts payable | 47/48 | €8,663 | €8,663 | = | 0.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €101,158 | +€101,158 | |
| Other operating charges | 640/8 | €287,044 | €1,339 | -€285,705 | -99.5% |
| Gross operating margin | 9900 | €310,003 | €116,772 | -€193,231 | -62.3% |
| Operating profit (loss) | 9901 | €22,959 | €14,275 | -€8,684 | -37.8% |
| Financial income | 75/76B | €75 | - | -€75 | |
| Recurring financial income | 75 | €75 | - | -€75 | |
| Financial charges | 65/66B | €3,999 | €3,429 | -€569 | -14.2% |
| Recurring financial charges | 65 | €3,999 | €3,429 | -€569 | -14.2% |
| Profit (loss) for the period before taxes | 9903 | €19,035 | €10,846 | -€8,190 | -43.0% |
| Income taxes | 67/77 | €5,466 | €13,294 | +€7,827 | +143% |
| Profit (loss) for the period | 9904 | €13,569 | -€2,448 | -€16,017 | |
| Profit (loss) for the period to be appropriated | 9905 | €13,569 | -€2,448 | -€16,017 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.