VEEHANDEL DEPREZ: 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.
VEEHANDEL DEPREZ
Largest movements
- Tangible fixed assets +€45,213
up €45,213 (+12.2%), from €370,964 to €416,177
of which Furniture and vehicles: +€75,329
- Stocks and contracts -€42,929
down €42,929 (-22.8%), from €188,061 to €145,131
- Receivables within one year +€38,103
up €38,103 (+13.8%), from €276,672 to €314,775
of which Trade receivables: +€46,258
- Debts after one year +€34,764
up €34,764 (+23.8%), from €145,971 to €180,735
- Short-term financial debts -€24,217
down €24,217 (-10.7%), from €227,367 to €203,150
- Current portion of long-term debt +€21,791
up €21,791 (+40.1%), from €54,349 to €76,140
- Depreciation -€11,703
down €11,703 (-14.1%), from €82,766 to €71,063
- Gross operating margin -€4,693
down €4,693 (-3.9%), from €119,730 to €115,037
- Financial charges -€3,116
down €3,116 (-11.6%), from €26,894 to €23,777
- Staff costs +€2,852
up €2,852, from -€1,284 to €1,568
- Taxes +€1,201
up €1,201 (+69.0%), from €1,741 to €2,942
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 | €865,676 | €904,130 | +€38,454 | +4.4% |
| Fixed assets | 21/28 | €370,964 | €416,177 | +€45,213 | +12.2% |
| Tangible fixed assets | 22/27 | €370,964 | €416,177 | +€45,213 | +12.2% |
| Land and buildings | 22 | €78,444 | €71,795 | -€6,649 | -8.5% |
| Plant, machinery and equipment | 23 | €6,159 | €4,606 | -€1,553 | -25.2% |
| Furniture and vehicles | 24 | €205,571 | €280,900 | +€75,329 | +36.6% |
| Leasing and similar rights | 25 | €69,590 | €49,076 | -€20,513 | -29.5% |
| Other tangible fixed assets | 26 | €11,200 | €9,800 | -€1,400 | -12.5% |
| Current assets | 29/58 | €494,713 | €487,953 | -€6,760 | -1.4% |
| Stocks and contracts in progress | 3 | €188,061 | €145,131 | -€42,929 | -22.8% |
| Stocks | 30/36 | €188,061 | €145,131 | -€42,929 | -22.8% |
| Amounts receivable within one year | 40/41 | €276,672 | €314,775 | +€38,103 | +13.8% |
| Trade receivables | 40 | €245,031 | €291,289 | +€46,258 | +18.9% |
| Other amounts receivable | 41 | €31,641 | €23,485 | -€8,155 | -25.8% |
| Cash at bank and in hand | 54/58 | €24,891 | €23,931 | -€961 | -3.9% |
| Deferred charges and accrued income | 490/1 | €5,089 | €4,117 | -€972 | -19.1% |
| Total equity and liabilities | 10/49 | €865,676 | €904,130 | +€38,454 | +4.4% |
| Equity | 10/15 | €83,634 | €83,917 | +€283 | +0.3% |
| Contributions | 10/11 | €45,000 | €45,000 | = | 0.0% |
| Reserves | 13 | €48,453 | €48,453 | = | 0.0% |
| Distributable reserves | 133 | €48,453 | €48,453 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€9,819 | -€9,537 | +€283 | +2.9% |
| Amounts payable | 17/49 | €782,042 | €820,213 | +€38,171 | +4.9% |
| Amounts payable after more than one year | 17 | €145,971 | €180,735 | +€34,764 | +23.8% |
| Financial debts | 170/4 | €145,971 | €180,735 | +€34,764 | +23.8% |
| Amounts payable within one year | 42/48 | €632,026 | €635,856 | +€3,830 | +0.6% |
| Current portion of amounts payable after more than one year | 42 | €54,349 | €76,140 | +€21,791 | +40.1% |
| Financial debts | 43 | €227,367 | €203,150 | -€24,217 | -10.7% |
| Credit institutions | 430/8 | €227,367 | €203,150 | -€24,217 | -10.7% |
| Trade debts | 44 | €295,303 | €295,986 | +€683 | +0.2% |
| Suppliers | 440/4 | €295,303 | €295,986 | +€683 | +0.2% |
| Taxes, remuneration and social security | 45 | €4,716 | €6,312 | +€1,596 | +33.8% |
| Taxes | 450/3 | €1,553 | €2,849 | +€1,296 | +83.4% |
| Remuneration and social security | 454/9 | €3,163 | €3,463 | +€300 | +9.5% |
| Other amounts payable | 47/48 | €50,290 | €54,267 | +€3,976 | +7.9% |
| Accrued charges and deferred income | 492/3 | €4,045 | €3,622 | -€422 | -10.4% |
| Non-recurring operating income | 76A | - | €1,074 | +€1,074 | |
| Remuneration, social security and pensions | 62 | -€1,284 | €1,568 | +€2,852 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €82,766 | €71,063 | -€11,703 | -14.1% |
| Other operating charges | 640/8 | €7,550 | €8,139 | +€589 | +7.8% |
| Non-recurring operating charges | 66A | - | €7,266 | +€7,266 | |
| Gross operating margin | 9900 | €119,730 | €115,037 | -€4,693 | -3.9% |
| Operating profit (loss) | 9901 | €30,699 | €27,002 | -€3,697 | -12.0% |
| Financial income | 75/76B | €1 | €1 | -€1 | -48.1% |
| Recurring financial income | 75 | €1 | €1 | -€1 | -48.1% |
| Financial charges | 65/66B | €26,894 | €23,777 | -€3,116 | -11.6% |
| Recurring financial charges | 65 | €26,894 | €23,777 | -€3,116 | -11.6% |
| Profit (loss) for the period before taxes | 9903 | €3,806 | €3,225 | -€582 | -15.3% |
| Income taxes | 67/77 | €1,741 | €2,942 | +€1,201 | +69.0% |
| Profit (loss) for the period | 9904 | €2,065 | €283 | -€1,783 | -86.3% |
| Profit (loss) for the period to be appropriated | 9905 | €2,065 | €283 | -€1,783 | -86.3% |
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 1 November 2026 via checked.be.