De Decker Danylo: 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 Danylo
Largest movements
- Tangible fixed assets -€17,616
down €17,616 (-10.3%), from €171,326 to €153,710
of which Plant, machinery and equipment: -€10,949
- Intangible fixed assets -€15,500
down €15,500 (-20.0%), from €77,500 to €62,000
- Cash +€15,486
up €15,486 (+16.3%), from €94,951 to €110,437
mainly Net result for the year (+€53,058) and Depreciation (+€45,572)
- Receivables within one year -€9,963
down €9,963 (-12.4%), from €80,056 to €70,093
of which Trade receivables: -€6,450
- Reserves +€51,392
up €51,392 (+23.8%), from €215,501 to €266,893
- Tax, wage and social debts -€34,850
down €34,850 (-59.9%), from €58,142 to €23,293
of which Taxes: -€38,759
- Debts after one year -€23,289
down €23,289 (-51.7%), from €45,022 to €21,733
- Short-term financial debts -€19,994
down €19,994 (-54.5%), from €36,714 to €16,721
- Current portion of long-term debt -€13,845
down €13,845 (-31.5%), from €43,891 to €30,046
- Gross operating margin -€44,202
down €44,202 (-19.0%), from €232,550 to €188,348
- Staff costs +€25,484
up €25,484 (+71.5%), from €35,637 to €61,121
- Taxes -€10,901
down €10,901 (-35.8%), from €30,436 to €19,535
- Depreciation +€4,857
up €4,857 (+11.9%), from €40,715 to €45,572
- Financial charges +€3,941
up €3,941 (+70.0%), from €5,630 to €9,571
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 | €427,402 | €402,157 | -€25,245 | -5.9% |
| Fixed assets | 21/28 | €248,826 | €215,710 | -€33,116 | -13.3% |
| Intangible fixed assets | 21 | €77,500 | €62,000 | -€15,500 | -20.0% |
| Tangible fixed assets | 22/27 | €171,326 | €153,710 | -€17,616 | -10.3% |
| Plant, machinery and equipment | 23 | €135,390 | €124,441 | -€10,949 | -8.1% |
| Furniture and vehicles | 24 | €35,843 | €29,269 | -€6,574 | -18.3% |
| Other tangible fixed assets | 26 | €92 | - | -€92 | |
| Current assets | 29/58 | €178,576 | €186,447 | +€7,871 | +4.4% |
| Stocks and contracts in progress | 3 | €3,569 | €4,120 | +€551 | +15.4% |
| Stocks | 30/36 | €3,569 | €4,120 | +€551 | +15.4% |
| Amounts receivable within one year | 40/41 | €80,056 | €70,093 | -€9,963 | -12.4% |
| Trade receivables | 40 | €6,450 | - | -€6,450 | |
| Other amounts receivable | 41 | €73,605 | €70,093 | -€3,513 | -4.8% |
| Cash at bank and in hand | 54/58 | €94,951 | €110,437 | +€15,486 | +16.3% |
| Deferred charges and accrued income | 490/1 | - | €1,797 | +€1,797 | |
| Total equity and liabilities | 10/49 | €427,402 | €402,157 | -€25,245 | -5.9% |
| Equity | 10/15 | €234,101 | €285,493 | +€51,392 | +22.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €215,501 | €266,893 | +€51,392 | +23.8% |
| Distributable reserves | 133 | €215,501 | €266,893 | +€51,392 | +23.8% |
| Amounts payable | 17/49 | €193,301 | €116,664 | -€76,637 | -39.6% |
| Amounts payable after more than one year | 17 | €45,022 | €21,733 | -€23,289 | -51.7% |
| Financial debts | 170/4 | €45,022 | €21,733 | -€23,289 | -51.7% |
| Amounts payable within one year | 42/48 | €148,279 | €94,932 | -€53,347 | -36.0% |
| Current portion of amounts payable after more than one year | 42 | €43,891 | €30,046 | -€13,845 | -31.5% |
| Financial debts | 43 | €36,714 | €16,721 | -€19,994 | -54.5% |
| Credit institutions | 430/8 | €36,714 | €16,721 | -€19,994 | -54.5% |
| Trade debts | 44 | €9,531 | €23,206 | +€13,675 | +143% |
| Suppliers | 440/4 | €9,531 | €23,206 | +€13,675 | +143% |
| Taxes, remuneration and social security | 45 | €58,142 | €23,293 | -€34,850 | -59.9% |
| Taxes | 450/3 | €53,776 | €15,017 | -€38,759 | -72.1% |
| Remuneration and social security | 454/9 | €4,367 | €8,276 | +€3,909 | +89.5% |
| Other amounts payable | 47/48 | - | €1,666 | +€1,666 | |
| Remuneration, social security and pensions | 62 | €35,637 | €61,121 | +€25,484 | +71.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €40,715 | €45,572 | +€4,857 | +11.9% |
| Other operating charges | 640/8 | €2,947 | €1,744 | -€1,203 | -40.8% |
| Gross operating margin | 9900 | €232,550 | €188,348 | -€44,202 | -19.0% |
| Operating profit (loss) | 9901 | €153,252 | €79,911 | -€73,340 | -47.9% |
| Financial income | 75/76B | €43 | €2,253 | +€2,209 | +5,112% |
| Recurring financial income | 75 | €43 | €2,253 | +€2,209 | +5,112% |
| Financial charges | 65/66B | €5,630 | €9,571 | +€3,941 | +70.0% |
| Recurring financial charges | 65 | €5,630 | €9,571 | +€3,941 | +70.0% |
| Profit (loss) for the period before taxes | 9903 | €147,665 | €72,593 | -€75,072 | -50.8% |
| Income taxes | 67/77 | €30,436 | €19,535 | -€10,901 | -35.8% |
| Profit (loss) for the period | 9904 | €117,229 | €53,058 | -€64,172 | -54.7% |
| Profit (loss) for the period to be appropriated | 9905 | €117,229 | €53,058 | -€64,172 | -54.7% |
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 24 October 2026 via checked.be.