DECAD: 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.
DECAD
Largest movements
- Cash +€26,731
up €26,731 (+52.9%), from €50,521 to €77,252
mainly Net result for the year (+€7,116) and Receivables within one year (+€6,624)
- Receivables within one year -€6,624
down €6,624 (-22.5%), from €29,468 to €22,844
of which Trade receivables: -€6,624
- Tangible fixed assets -€5,272
down €5,272 (-50.0%), from €10,544 to €5,272
of which Furniture and vehicles: -€3,672
- Reserves +€7,116
up €7,116 (+10.5%), from €68,033 to €75,149
- Tax, wage and social debts +€4,365
up €4,365 (+22.0%), from €19,809 to €24,174
of which Taxes: +€3,495
- Trade debts +€2,924
up €2,924, from €0 to €2,924
- Gross operating margin -€26,596
down €26,596 (-54.6%), from €48,666 to €22,070
- Taxes -€7,846
down €7,846 (-68.8%), from €11,412 to €3,566
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 | €90,534 | €105,368 | +€14,835 | +16.4% |
| Fixed assets | 21/28 | €10,544 | €5,272 | -€5,272 | -50.0% |
| Tangible fixed assets | 22/27 | €10,544 | €5,272 | -€5,272 | -50.0% |
| Plant, machinery and equipment | 23 | €3,200 | €1,600 | -€1,600 | -50.0% |
| Furniture and vehicles | 24 | €7,344 | €3,672 | -€3,672 | -50.0% |
| Current assets | 29/58 | €79,990 | €100,097 | +€20,107 | +25.1% |
| Amounts receivable within one year | 40/41 | €29,468 | €22,844 | -€6,624 | -22.5% |
| Trade receivables | 40 | €28,718 | €22,094 | -€6,624 | -23.1% |
| Other amounts receivable | 41 | €750 | €750 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €50,521 | €77,252 | +€26,731 | +52.9% |
| Total equity and liabilities | 10/49 | €90,534 | €105,368 | +€14,835 | +16.4% |
| Equity | 10/15 | €70,033 | €77,149 | +€7,116 | +10.2% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €68,033 | €75,149 | +€7,116 | +10.5% |
| Distributable reserves | 133 | €68,033 | €75,149 | +€7,116 | +10.5% |
| Amounts payable | 17/49 | €20,501 | €28,220 | +€7,719 | +37.7% |
| Amounts payable within one year | 42/48 | €20,501 | €28,220 | +€7,719 | +37.7% |
| Trade debts | 44 | €0 | €2,924 | +€2,924 | |
| Suppliers | 440/4 | €0 | €2,924 | +€2,924 | |
| Taxes, remuneration and social security | 45 | €19,809 | €24,174 | +€4,365 | +22.0% |
| Taxes | 450/3 | €19,809 | €23,304 | +€3,495 | +17.6% |
| Remuneration and social security | 454/9 | - | €870 | +€870 | |
| Other amounts payable | 47/48 | €692 | €1,122 | +€430 | +62.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,272 | €5,272 | = | 0.0% |
| Other operating charges | 640/8 | €6,255 | €6,031 | -€224 | -3.6% |
| Gross operating margin | 9900 | €48,666 | €22,070 | -€26,596 | -54.6% |
| Operating profit (loss) | 9901 | €37,139 | €10,767 | -€26,372 | -71.0% |
| Financial charges | 65/66B | €221 | €85 | -€135 | -61.3% |
| Recurring financial charges | 65 | €221 | €85 | -€135 | -61.3% |
| Profit (loss) for the period before taxes | 9903 | €36,918 | €10,682 | -€26,237 | -71.1% |
| Income taxes | 67/77 | €11,412 | €3,566 | -€7,846 | -68.8% |
| Profit (loss) for the period | 9904 | €25,506 | €7,116 | -€18,391 | -72.1% |
| Profit (loss) for the period to be appropriated | 9905 | €25,506 | €7,116 | -€18,391 | -72.1% |
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 6 October 2026 via checked.be.