D & M 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.
D & M DECO
Largest movements
- Tangible fixed assets -€25,149
down €25,149 (-31.6%), from €79,673 to €54,524
of which Furniture and vehicles: -€23,578
- Cash -€20,585
down €20,585 (-56.5%), from €36,455 to €15,870
mainly Debts after one year (-€19,774) and Stocks and contracts (-€19,625)
- Stocks and contracts +€19,625
up €19,625 (+76659.6%), from €26 to €19,650
- Receivables within one year -€2,647
down €2,647 (-16.7%), from €15,870 to €13,223
of which Other amounts receivable: -€4,349
- Debts after one year -€19,774
down €19,774 (-65.6%), from €30,123 to €10,349
- Profit (loss) carried forward -€16,330
down €16,330, from €3,148 to -€13,182
- Trade debts +€11,833
up €11,833 (+168.8%), from €7,009 to €18,842
- Tax, wage and social debts -€3,563
down €3,563 (-82.8%), from €4,304 to €741
- Other debts -€1,451
down €1,451 (-4.0%), from €36,469 to €35,018
- Gross operating margin -€20,889
down €20,889 (-12.7%), from €164,105 to €143,216
- Taxes -€3,559
down €3,559 (-82.6%), from €4,308 to €748
- Staff costs +€1,989
up €1,989 (+1.6%), from €127,761 to €129,750
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 | €135,308 | €106,541 | -€28,767 | -21.3% |
| Fixed assets | 21/28 | €81,565 | €56,433 | -€25,133 | -30.8% |
| Tangible fixed assets | 22/27 | €79,673 | €54,524 | -€25,149 | -31.6% |
| Plant, machinery and equipment | 23 | €5,270 | €3,699 | -€1,572 | -29.8% |
| Furniture and vehicles | 24 | €74,403 | €50,825 | -€23,578 | -31.7% |
| Financial fixed assets | 28 | €1,892 | €1,909 | +€17 | +0.9% |
| Current assets | 29/58 | €53,743 | €50,109 | -€3,634 | -6.8% |
| Stocks and contracts in progress | 3 | €26 | €19,650 | +€19,625 | +76659.6% |
| Stocks | 30/36 | €26 | €19,650 | +€19,625 | +76659.6% |
| Amounts receivable within one year | 40/41 | €15,870 | €13,223 | -€2,647 | -16.7% |
| Trade receivables | 40 | €10,789 | €12,492 | +€1,703 | +15.8% |
| Other amounts receivable | 41 | €5,081 | €731 | -€4,349 | -85.6% |
| Current investments | 50/53 | €41 | €5 | -€36 | -88.8% |
| Cash at bank and in hand | 54/58 | €36,455 | €15,870 | -€20,585 | -56.5% |
| Deferred charges and accrued income | 490/1 | €1,352 | €1,361 | +€9 | +0.7% |
| Total equity and liabilities | 10/49 | €135,308 | €106,541 | -€28,767 | -21.3% |
| Equity | 10/15 | €38,148 | €21,818 | -€16,330 | -42.8% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €15,000 | €15,000 | = | 0.0% |
| Distributable reserves | 133 | €15,000 | €15,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,148 | -€13,182 | -€16,330 | |
| Amounts payable | 17/49 | €97,160 | €84,724 | -€12,436 | -12.8% |
| Amounts payable after more than one year | 17 | €30,123 | €10,349 | -€19,774 | -65.6% |
| Financial debts | 170/4 | €30,123 | €10,349 | -€19,774 | -65.6% |
| Amounts payable within one year | 42/48 | €67,036 | €74,374 | +€7,338 | +10.9% |
| Current portion of amounts payable after more than one year | 42 | €19,255 | €19,774 | +€519 | +2.7% |
| Trade debts | 44 | €7,009 | €18,842 | +€11,833 | +168.8% |
| Suppliers | 440/4 | €7,009 | €18,842 | +€11,833 | +168.8% |
| Taxes, remuneration and social security | 45 | €4,304 | €741 | -€3,563 | -82.8% |
| Taxes | 450/3 | €4,304 | €741 | -€3,563 | -82.8% |
| Other amounts payable | 47/48 | €36,469 | €35,018 | -€1,451 | -4.0% |
| Remuneration, social security and pensions | 62 | €127,761 | €129,750 | +€1,989 | +1.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,437 | €26,639 | +€201 | +0.8% |
| Other operating charges | 640/8 | €2,271 | €2,341 | +€70 | +3.1% |
| Non-recurring operating charges | 66A | €375 | - | -€375 | |
| Gross operating margin | 9900 | €164,105 | €143,216 | -€20,889 | -12.7% |
| Operating profit (loss) | 9901 | €7,261 | -€15,513 | -€22,775 | |
| Financial income | 75/76B | €1,344 | €1,058 | -€286 | -21.3% |
| Recurring financial income | 75 | €1,344 | €1,058 | -€286 | -21.3% |
| Financial charges | 65/66B | €1,640 | €1,127 | -€513 | -31.3% |
| Recurring financial charges | 65 | €1,640 | €1,127 | -€513 | -31.3% |
| Profit (loss) for the period before taxes | 9903 | €6,966 | -€15,582 | -€22,548 | |
| Income taxes | 67/77 | €4,308 | €748 | -€3,559 | -82.6% |
| Profit (loss) for the period | 9904 | €2,658 | -€16,330 | -€18,988 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,658 | -€16,330 | -€18,988 |
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 10 October 2026 via checked.be.