DE DECKER: 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.
DE DECKER
Largest movements
- Tangible fixed assets -€38,699
down €38,699 (-43.4%), from €89,157 to €50,458
of which Furniture and vehicles: -€36,127
- Cash -€26,493
down €26,493 (-73.2%), from €36,186 to €9,694
mainly Short-term financial debts (-€39,700) and Current portion of long-term debt (-€11,356)
- Short-term financial debts -€39,700
no longer reported in 2025 (was €39,700)
- Current portion of long-term debt -€11,356
down €11,356 (-56.2%), from €20,202 to €8,846
- Trade debts -€10,733
down €10,733 (-64.4%), from €16,658 to €5,925
- Debts after one year -€8,846
down €8,846 (-28.6%), from €30,953 to €22,107
- Tax, wage and social debts +€4,992
up €4,992 (+52.2%), from €9,559 to €14,551
of which Remuneration and social security: +€2,651
- Gross operating margin +€8,020
up €8,020 (+6.3%), from €126,544 to €134,564
- Staff costs +€6,434
up €6,434 (+7.2%), from €89,901 to €96,335
- Depreciation -€5,757
down €5,757 (-19.6%), from €29,330 to €23,573
- Other operating charges +€3,160
up €3,160 (+162%), from €1,956 to €5,117
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 | €366,750 | €305,590 | -€61,160 | -16.7% |
| Fixed assets | 21/28 | €91,141 | €52,442 | -€38,699 | -42.5% |
| Tangible fixed assets | 22/27 | €89,157 | €50,458 | -€38,699 | -43.4% |
| Plant, machinery and equipment | 23 | €10,298 | €7,726 | -€2,572 | -25.0% |
| Furniture and vehicles | 24 | €78,859 | €42,732 | -€36,127 | -45.8% |
| Financial fixed assets | 28 | €1,984 | €1,984 | = | 0.0% |
| Current assets | 29/58 | €275,609 | €253,148 | -€22,462 | -8.1% |
| Stocks and contracts in progress | 3 | €190,785 | €190,785 | = | 0.0% |
| Stocks | 30/36 | €190,785 | €190,785 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €48,639 | €51,770 | +€3,131 | +6.4% |
| Trade receivables | 40 | €48,511 | €36,265 | -€12,245 | -25.2% |
| Other amounts receivable | 41 | €128 | €15,504 | +€15,376 | +12,016% |
| Cash at bank and in hand | 54/58 | €36,186 | €9,694 | -€26,493 | -73.2% |
| Deferred charges and accrued income | 490/1 | - | €900 | +€900 | |
| Total equity and liabilities | 10/49 | €366,750 | €305,590 | -€61,160 | -16.7% |
| Equity | 10/15 | €212,266 | €214,171 | +€1,905 | +0.9% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €70,100 | €72,000 | +€1,900 | +2.7% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €13,100 | €13,100 | = | 0.0% |
| Distributable reserves | 133 | €55,000 | €56,900 | +€1,900 | +3.5% |
| Profit (loss) carried forward | 14 | €122,166 | €122,171 | +€5 | 0.0% |
| Amounts payable | 17/49 | €154,484 | €91,418 | -€63,066 | -40.8% |
| Amounts payable after more than one year | 17 | €30,953 | €22,107 | -€8,846 | -28.6% |
| Financial debts | 170/4 | €30,953 | €22,107 | -€8,846 | -28.6% |
| Amounts payable within one year | 42/48 | €106,569 | €51,711 | -€54,858 | -51.5% |
| Current portion of amounts payable after more than one year | 42 | €20,202 | €8,846 | -€11,356 | -56.2% |
| Financial debts | 43 | €39,700 | - | -€39,700 | |
| Credit institutions | 430/8 | €39,700 | - | -€39,700 | |
| Trade debts | 44 | €16,658 | €5,925 | -€10,733 | -64.4% |
| Suppliers | 440/4 | €16,658 | €5,925 | -€10,733 | -64.4% |
| Advances received on contracts in progress | 46 | - | €1,915 | +€1,915 | |
| Taxes, remuneration and social security | 45 | €9,559 | €14,551 | +€4,992 | +52.2% |
| Taxes | 450/3 | €9,559 | €11,901 | +€2,341 | +24.5% |
| Remuneration and social security | 454/9 | - | €2,651 | +€2,651 | |
| Other amounts payable | 47/48 | €20,450 | €20,474 | +€24 | +0.1% |
| Accrued charges and deferred income | 492/3 | €16,962 | €17,600 | +€638 | +3.8% |
| Remuneration, social security and pensions | 62 | €89,901 | €96,335 | +€6,434 | +7.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,330 | €23,573 | -€5,757 | -19.6% |
| Other operating charges | 640/8 | €1,956 | €5,117 | +€3,160 | +162% |
| Gross operating margin | 9900 | €126,544 | €134,564 | +€8,020 | +6.3% |
| Operating profit (loss) | 9901 | €5,357 | €9,539 | +€4,182 | +78.1% |
| Financial income | 75/76B | €365 | €454 | +€89 | +24.5% |
| Recurring financial income | 75 | €365 | €454 | +€89 | +24.5% |
| Financial charges | 65/66B | €6,731 | €7,480 | +€748 | +11.1% |
| Recurring financial charges | 65 | €6,731 | €7,480 | +€748 | +11.1% |
| Profit (loss) for the period before taxes | 9903 | -€1,009 | €2,513 | +€3,523 | |
| Income taxes | 67/77 | €384 | €608 | +€224 | +58.3% |
| Profit (loss) for the period | 9904 | -€1,393 | €1,905 | +€3,299 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,393 | €1,905 | +€3,299 |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.