A.S. DECO: 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.S. DECO
Largest movements
- Stocks and contracts -€25,069
down €25,069 (-28.0%), from €89,422 to €64,353
- Cash +€3,157
up €3,157 (+66.2%), from €4,768 to €7,925
mainly Stocks and contracts (+€25,069) and Receivables within one year (+€1,924)
- Receivables within one year -€1,924
down €1,924 (-14.1%), from €13,674 to €11,750
of which Other amounts receivable: -€1,444
- Trade debts -€17,712
down €17,712 (-65.6%), from €26,992 to €9,280
- Tax, wage and social debts -€7,602
down €7,602 (-12.7%), from €60,073 to €52,471
of which Remuneration and social security: -€14,493
- Gross operating margin -€15,107
down €15,107 (-14.6%), from €103,628 to €88,521
- Staff costs -€12,130
down €12,130 (-12.6%), from €96,459 to €84,329
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 | €116,681 | €91,730 | -€24,950 | -21.4% |
| Fixed assets | 21/28 | €7,854 | €6,866 | -€988 | -12.6% |
| Tangible fixed assets | 22/27 | €3,354 | €2,366 | -€988 | -29.4% |
| Furniture and vehicles | 24 | €1,463 | €975 | -€488 | -33.3% |
| Other tangible fixed assets | 26 | €1,891 | €1,391 | -€500 | -26.4% |
| Financial fixed assets | 28 | €4,500 | €4,500 | = | 0.0% |
| Current assets | 29/58 | €108,827 | €84,864 | -€23,962 | -22.0% |
| Stocks and contracts in progress | 3 | €89,422 | €64,353 | -€25,069 | -28.0% |
| Stocks | 30/36 | €89,422 | €64,353 | -€25,069 | -28.0% |
| Amounts receivable within one year | 40/41 | €13,674 | €11,750 | -€1,924 | -14.1% |
| Trade receivables | 40 | €798 | €317 | -€481 | -60.3% |
| Other amounts receivable | 41 | €12,877 | €11,433 | -€1,444 | -11.2% |
| Cash at bank and in hand | 54/58 | €4,768 | €7,925 | +€3,157 | +66.2% |
| Deferred charges and accrued income | 490/1 | €963 | €836 | -€126 | -13.1% |
| Total equity and liabilities | 10/49 | €116,681 | €91,730 | -€24,950 | -21.4% |
| Equity | 10/15 | €27,898 | €28,268 | +€369 | +1.3% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Profit (loss) carried forward | 14 | €7,438 | €7,808 | +€369 | +5.0% |
| Amounts payable | 17/49 | €88,782 | €63,463 | -€25,320 | -28.5% |
| Amounts payable within one year | 42/48 | €88,782 | €63,463 | -€25,320 | -28.5% |
| Current portion of amounts payable after more than one year | 42 | €1,717 | €1,712 | -€5 | -0.3% |
| Trade debts | 44 | €26,992 | €9,280 | -€17,712 | -65.6% |
| Suppliers | 440/4 | €26,992 | €9,280 | -€17,712 | -65.6% |
| Taxes, remuneration and social security | 45 | €60,073 | €52,471 | -€7,602 | -12.7% |
| Taxes | 450/3 | €1,779 | €8,670 | +€6,891 | +387% |
| Remuneration and social security | 454/9 | €58,294 | €43,801 | -€14,493 | -24.9% |
| Remuneration, social security and pensions | 62 | €96,459 | €84,329 | -€12,130 | -12.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,353 | €988 | -€365 | -27.0% |
| Other operating charges | 640/8 | €1,279 | €1,302 | +€23 | +1.8% |
| Non-recurring operating charges | 66A | €58 | €63 | +€5 | +9.3% |
| Gross operating margin | 9900 | €103,628 | €88,521 | -€15,107 | -14.6% |
| Operating profit (loss) | 9901 | €4,480 | €1,839 | -€2,640 | -58.9% |
| Financial income | 75/76B | €0 | €43 | +€42 | +11,794% |
| Recurring financial income | 75 | €0 | €43 | +€42 | +11,794% |
| Financial charges | 65/66B | €1,317 | €1,051 | -€266 | -20.2% |
| Recurring financial charges | 65 | €1,317 | €1,051 | -€266 | -20.2% |
| Profit (loss) for the period before taxes | 9903 | €3,163 | €831 | -€2,332 | -73.7% |
| Income taxes | 67/77 | €606 | €461 | -€145 | -23.9% |
| Profit (loss) for the period | 9904 | €2,557 | €369 | -€2,187 | -85.5% |
| Profit (loss) for the period to be appropriated | 9905 | €2,557 | €369 | -€2,187 | -85.5% |
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 14 October 2026 via checked.be.