A. DEKO: 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.
A. DEKO
Largest movements
- Cash +€89,679
up €89,679 (+46.5%), from €192,730 to €282,410
mainly Debts after one year (+€108,467) and Receivables within one year (+€70,623)
- Receivables within one year -€70,623
down €70,623 (-49.5%), from €142,660 to €72,036
of which Other amounts receivable: -€36,210
- Tangible fixed assets +€10,849
up €10,849 (+2.8%), from €386,685 to €397,534
of which Furniture and vehicles: +€9,569
- Debts after one year +€108,467
up €108,467 (+28.9%), from €375,000 to €483,467
- Profit (loss) carried forward -€89,731
down €89,731 (-90.1%), from €99,616 to €9,886
- Current portion of long-term debt +€36,322
up €36,322 (+876%), from €4,145 to €40,467
- Other debts -€30,401
down €30,401 (-94.6%), from €32,124 to €1,722
- Tax, wage and social debts +€16,999
up €16,999 (+45.8%), from €37,100 to €54,099
of which Taxes: +€13,025
- Gross operating margin -€252,943
down €252,943 (-92.9%), from €272,171 to €19,228
- Staff costs -€42,728
down €42,728 (-43.5%), from €98,334 to €55,606
- Taxes -€35,273
down €35,273 (-97.8%), from €36,072 to €800
- Financial charges +€15,888
up €15,888 (+398%), from €3,994 to €19,882
- Depreciation +€10,517
up €10,517 (+51.8%), from €20,307 to €30,824
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 | €723,622 | €755,354 | +€31,733 | +4.4% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €387,257 | €398,105 | +€10,849 | +2.8% |
| Tangible fixed assets | 22/27 | €386,685 | €397,534 | +€10,849 | +2.8% |
| Land and buildings | 22 | €374,435 | €373,924 | -€511 | -0.1% |
| Plant, machinery and equipment | 23 | €5,152 | €6,943 | +€1,791 | +34.8% |
| Furniture and vehicles | 24 | €7,097 | €16,667 | +€9,569 | +135% |
| Leasing and similar rights | 25 | €0 | €0 | = | |
| Other tangible fixed assets | 26 | €0 | - | = | |
| Financial fixed assets | 28 | €572 | €572 | = | 0.0% |
| Current assets | 29/58 | €336,365 | €357,249 | +€20,884 | +6.2% |
| Amounts receivable within one year | 40/41 | €142,660 | €72,036 | -€70,623 | -49.5% |
| Trade receivables | 40 | €67,693 | €33,279 | -€34,414 | -50.8% |
| Other amounts receivable | 41 | €74,966 | €38,757 | -€36,210 | -48.3% |
| Cash at bank and in hand | 54/58 | €192,730 | €282,410 | +€89,679 | +46.5% |
| Deferred charges and accrued income | 490/1 | €975 | €2,803 | +€1,828 | +187% |
| Total equity and liabilities | 10/49 | €723,622 | €755,354 | +€31,733 | +4.4% |
| Equity | 10/15 | €140,076 | €50,346 | -€89,731 | -64.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €21,860 | €21,860 | = | 0.0% |
| 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 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €99,616 | €9,886 | -€89,731 | -90.1% |
| Amounts payable | 17/49 | €583,545 | €705,009 | +€121,463 | +20.8% |
| Amounts payable after more than one year | 17 | €375,000 | €483,467 | +€108,467 | +28.9% |
| Financial debts | 170/4 | €375,000 | €483,467 | +€108,467 | +28.9% |
| Amounts payable within one year | 42/48 | €208,545 | €221,541 | +€12,996 | +6.2% |
| Current portion of amounts payable after more than one year | 42 | €4,145 | €40,467 | +€36,322 | +876% |
| Trade debts | 44 | €135,177 | €125,253 | -€9,923 | -7.3% |
| Suppliers | 440/4 | €135,177 | €125,253 | -€9,923 | -7.3% |
| Taxes, remuneration and social security | 45 | €37,100 | €54,099 | +€16,999 | +45.8% |
| Taxes | 450/3 | €37,100 | €50,125 | +€13,025 | +35.1% |
| Remuneration and social security | 454/9 | - | €3,974 | +€3,974 | |
| Other amounts payable | 47/48 | €32,124 | €1,722 | -€30,401 | -94.6% |
| Non-recurring operating income | 76A | €4,435 | - | -€4,435 | |
| Remuneration, social security and pensions | 62 | €98,334 | €55,606 | -€42,728 | -43.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,307 | €30,824 | +€10,517 | +51.8% |
| Other operating charges | 640/8 | €4,851 | €3,451 | -€1,400 | -28.9% |
| Gross operating margin | 9900 | €272,171 | €19,228 | -€252,943 | -92.9% |
| Operating profit (loss) | 9901 | €148,679 | -€70,653 | -€219,332 | |
| Financial income | 75/76B | €3,792 | €1,604 | -€2,188 | -57.7% |
| Recurring financial income | 75 | €3,792 | €1,604 | -€2,188 | -57.7% |
| Financial charges | 65/66B | €3,994 | €19,882 | +€15,888 | +398% |
| Recurring financial charges | 65 | €3,994 | €19,882 | +€15,888 | +398% |
| Profit (loss) for the period before taxes | 9903 | €148,477 | -€88,931 | -€237,408 | |
| Income taxes | 67/77 | €36,072 | €800 | -€35,273 | -97.8% |
| Profit (loss) for the period | 9904 | €112,404 | -€89,731 | -€202,135 | |
| Profit (loss) for the period to be appropriated | 9905 | €112,404 | -€89,731 | -€202,135 |
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 18 October 2026 via checked.be.