DECAFISK GENT-TERNAT: 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.
DECAFISK GENT-TERNAT
Largest movements
- Intangible fixed assets -€72,000
down €72,000 (-23.1%), from €311,719 to €239,719
- Cash +€46,682
up €46,682 (+76.5%), from €60,989 to €107,670
mainly Depreciation (+€81,489) and Trade debts (+€62,712)
- Tangible fixed assets -€7,250
down €7,250 (-43.8%), from €16,565 to €9,315
of which Plant, machinery and equipment: -€4,090
- Trade debts +€62,712
up €62,712 (+525%), from €11,945 to €74,657
- Other debts -€60,000
down €60,000 (-27.4%), from €218,783 to €158,783
- Debts after one year -€25,813
down €25,813 (-20.5%), from €125,813 to €100,000
- Current portion of long-term debt -€18,087
down €18,087 (-41.2%), from €43,900 to €25,813
- Other operating charges +€29,076
up €29,076 (+1,621%), from €1,794 to €30,870
- Gross operating margin +€23,423
up €23,423 (+5.4%), from €430,718 to €454,142
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 | €657,134 | €620,920 | -€36,214 | -5.5% |
| Fixed assets | 21/28 | €328,283 | €249,033 | -€79,250 | -24.1% |
| Intangible fixed assets | 21 | €311,719 | €239,719 | -€72,000 | -23.1% |
| Tangible fixed assets | 22/27 | €16,565 | €9,315 | -€7,250 | -43.8% |
| Plant, machinery and equipment | 23 | €4,689 | €599 | -€4,090 | -87.2% |
| Furniture and vehicles | 24 | €5,089 | €3,344 | -€1,745 | -34.3% |
| Other tangible fixed assets | 26 | €6,787 | €5,372 | -€1,415 | -20.8% |
| Current assets | 29/58 | €328,850 | €371,887 | +€43,036 | +13.1% |
| Amounts receivable within one year | 40/41 | €187,367 | €185,600 | -€1,767 | -0.9% |
| Trade receivables | 40 | €187,367 | €185,137 | -€2,230 | -1.2% |
| Other amounts receivable | 41 | - | €463 | +€463 | |
| Cash at bank and in hand | 54/58 | €60,989 | €107,670 | +€46,682 | +76.5% |
| Deferred charges and accrued income | 490/1 | €80,495 | €78,616 | -€1,878 | -2.3% |
| Total equity and liabilities | 10/49 | €657,134 | €620,920 | -€36,214 | -5.5% |
| Equity | 10/15 | €184,233 | €185,085 | +€852 | +0.5% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €84,233 | €85,085 | +€852 | +1.0% |
| Non-distributable reserves | 130/1 | €5,000 | €5,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €5,000 | €5,000 | = | 0.0% |
| Distributable reserves | 133 | €79,233 | €80,085 | +€852 | +1.1% |
| Amounts payable | 17/49 | €472,901 | €435,835 | -€37,066 | -7.8% |
| Amounts payable after more than one year | 17 | €125,813 | €100,000 | -€25,813 | -20.5% |
| Financial debts | 170/4 | €125,813 | €100,000 | -€25,813 | -20.5% |
| Amounts payable within one year | 42/48 | €347,088 | €335,835 | -€11,253 | -3.2% |
| Current portion of amounts payable after more than one year | 42 | €43,900 | €25,813 | -€18,087 | -41.2% |
| Trade debts | 44 | €11,945 | €74,657 | +€62,712 | +525% |
| Suppliers | 440/4 | €11,945 | €74,657 | +€62,712 | +525% |
| Advances received on contracts in progress | 46 | - | €138 | +€138 | |
| Taxes, remuneration and social security | 45 | €72,460 | €76,444 | +€3,984 | +5.5% |
| Taxes | 450/3 | €38,028 | €35,321 | -€2,708 | -7.1% |
| Remuneration and social security | 454/9 | €34,431 | €41,123 | +€6,692 | +19.4% |
| Other amounts payable | 47/48 | €218,783 | €158,783 | -€60,000 | -27.4% |
| Remuneration, social security and pensions | 62 | €310,602 | €310,710 | +€108 | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €84,379 | €81,489 | -€2,891 | -3.4% |
| Other operating charges | 640/8 | €1,794 | €30,870 | +€29,076 | +1,621% |
| Gross operating margin | 9900 | €430,718 | €454,142 | +€23,423 | +5.4% |
| Operating profit (loss) | 9901 | €33,943 | €31,074 | -€2,870 | -8.5% |
| Financial income | 75/76B | €4 | €6 | +€2 | +60.3% |
| Recurring financial income | 75 | €4 | €6 | +€2 | +60.3% |
| Financial charges | 65/66B | €1,378 | €691 | -€687 | -49.9% |
| Recurring financial charges | 65 | €1,378 | €691 | -€687 | -49.9% |
| Profit (loss) for the period before taxes | 9903 | €32,569 | €30,389 | -€2,180 | -6.7% |
| Income taxes | 67/77 | €12,402 | €9,537 | -€2,865 | -23.1% |
| Profit (loss) for the period | 9904 | €20,166 | €20,852 | +€685 | +3.4% |
| Profit (loss) for the period to be appropriated | 9905 | €20,166 | €20,852 | +€685 | +3.4% |
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 25 October 2026 via checked.be.