BENOIT DECOCQ: what changed
Two fiscal 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.
BENOIT DECOCQ
Largest movements
- Receivables within one year -€16,481
down €16,481 (-33.7%), from €48,917 to €32,436
- Tangible fixed assets -€6,907
down €6,907 (-27.8%), from €24,803 to €17,896
- Deferred charges and accrued income -€1,471
down €1,471 (-90.7%), from €1,622 to €151
- Cash +€1,254
up €1,254 (+74.7%), from €1,678 to €2,932
mainly Receivables within one year (+€16,481) and Depreciation (+€8,889)
- Trade debts -€21,178
down €21,178 (-50.8%), from €41,675 to €20,497
- Debts after one year -€7,321
down €7,321 (-51.1%), from €14,315 to €6,994
- Profit (loss) carried forward +€5,723
up €5,723 (+63.1%), from -€9,076 to -€3,353
- Tax, wage and social debts -€1,193
down €1,193 (-11.8%), from €10,152 to €8,959
- Gross operating margin +€5,214
up €5,214 (+30.0%), from €17,375 to €22,589
- Financial charges -€1,383
down €1,383 (-43.7%), from €3,165 to €1,782
- Other operating charges +€1,067
up €1,067 (+194.4%), from €549 to €1,616
- Depreciation +€369
up €369 (+4.3%), from €8,520 to €8,889
- Taxes -€328
down €328 (-6.7%), from €4,908 to €4,580
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.
Cash bridge derived
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 | €78,370 | €54,765 | -€23,605 | -30.1% |
| Fixed assets | 21/28 | €26,153 | €19,246 | -€6,907 | -26.4% |
| Tangible fixed assets | 22/27 | €24,803 | €17,896 | -€6,907 | -27.8% |
| Furniture and vehicles | 24 | €24,803 | €17,896 | -€6,907 | -27.8% |
| Financial fixed assets | 28 | €1,350 | €1,350 | = | 0.0% |
| Current assets | 29/58 | €52,217 | €35,519 | -€16,698 | -32.0% |
| Amounts receivable within one year | 40/41 | €48,917 | €32,436 | -€16,481 | -33.7% |
| Trade receivables | 40 | €48,917 | €32,436 | -€16,481 | -33.7% |
| Cash at bank and in hand | 54/58 | €1,678 | €2,932 | +€1,254 | +74.7% |
| Deferred charges and accrued income | 490/1 | €1,622 | €151 | -€1,471 | -90.7% |
| Total equity and liabilities | 10/49 | €78,370 | €54,765 | -€23,605 | -30.1% |
| Equity | 10/15 | €5,184 | €10,907 | +€5,723 | +110.4% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Capital | 10 | €12,400 | €12,400 | = | 0.0% |
| Issued capital | 100 | €18,550 | €18,550 | = | 0.0% |
| Uncalled capital | 101 | €6,150 | €6,150 | = | 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 | -€9,076 | -€3,353 | +€5,723 | +63.1% |
| Amounts payable | 17/49 | €73,186 | €43,858 | -€29,328 | -40.1% |
| Amounts payable after more than one year | 17 | €14,315 | €6,994 | -€7,321 | -51.1% |
| Financial debts | 170/4 | €14,315 | €6,994 | -€7,321 | -51.1% |
| Amounts payable within one year | 42/48 | €58,839 | €36,777 | -€22,062 | -37.5% |
| Current portion of amounts payable after more than one year | 42 | €7,012 | €7,321 | +€309 | +4.4% |
| Trade debts | 44 | €41,675 | €20,497 | -€21,178 | -50.8% |
| Suppliers | 440/4 | €41,675 | €20,497 | -€21,178 | -50.8% |
| Taxes, remuneration and social security | 45 | €10,152 | €8,959 | -€1,193 | -11.8% |
| Taxes | 450/3 | €10,152 | €8,959 | -€1,193 | -11.8% |
| Accrued charges and deferred income | 492/3 | €32 | €87 | +€55 | +171.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,520 | €8,889 | +€369 | +4.3% |
| Other operating charges | 640/8 | €549 | €1,616 | +€1,067 | +194.4% |
| Gross operating margin | 9900 | €17,375 | €22,589 | +€5,214 | +30.0% |
| Operating profit (loss) | 9901 | €8,306 | €12,084 | +€3,778 | +45.5% |
| Financial income | 75/76B | €3 | €1 | -€2 | -66.7% |
| Recurring financial income | 75 | €3 | €1 | -€2 | -66.7% |
| Financial charges | 65/66B | €3,165 | €1,782 | -€1,383 | -43.7% |
| Recurring financial charges | 65 | €3,165 | €1,782 | -€1,383 | -43.7% |
| Profit (loss) for the period before taxes | 9903 | €5,144 | €10,303 | +€5,159 | +100.3% |
| Income taxes | 67/77 | €4,908 | €4,580 | -€328 | -6.7% |
| Profit (loss) for the period | 9904 | €236 | €5,723 | +€5,487 | +2325.0% |
| Profit (loss) for the period to be appropriated | 9905 | €236 | €5,723 | +€5,487 | +2325.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.