DECAGO: 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.
DECAGO
Largest movements
- Tangible fixed assets -€12,086
down €12,086 (-13.7%), from €88,192 to €76,107
of which Plant, machinery and equipment: -€7,143
- Deferred charges and accrued income +€4,209
up €4,209 (+1045.5%), from €403 to €4,612
- Cash +€3,667
up €3,667 (+315.5%), from €1,162 to €4,830
mainly Depreciation (+€12,086) and Trade debts (+€2,550)
- Debts after one year -€6,625
no longer reported in 2025 (was €6,625)
- Trade debts +€2,550
up €2,550 (+111.0%), from €2,299 to €4,849
- Other debts -€1,132
down €1,132 (-1.6%), from €70,456 to €69,323
- Gross operating margin -€3,265
down €3,265 (-17.2%), from €19,030 to €15,765
- Other operating charges -€1,846
down €1,846 (-41.1%), from €4,494 to €2,648
- Depreciation +€617
up €617 (+5.4%), from €11,468 to €12,086
- Financial charges -€195
down €195 (-32.3%), from €606 to €410
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 | €91,059 | €86,686 | -€4,373 | -4.8% |
| Fixed assets | 21/28 | €88,192 | €76,107 | -€12,086 | -13.7% |
| Tangible fixed assets | 22/27 | €88,192 | €76,107 | -€12,086 | -13.7% |
| Land and buildings | 22 | €67,281 | €62,339 | -€4,942 | -7.3% |
| Plant, machinery and equipment | 23 | €20,911 | €13,768 | -€7,143 | -34.2% |
| Current assets | 29/58 | €2,867 | €10,579 | +€7,713 | +269.0% |
| Amounts receivable within one year | 40/41 | €1,302 | €1,138 | -€164 | -12.6% |
| Other amounts receivable | 41 | €1,302 | €1,138 | -€164 | -12.6% |
| Cash at bank and in hand | 54/58 | €1,162 | €4,830 | +€3,667 | +315.5% |
| Deferred charges and accrued income | 490/1 | €403 | €4,612 | +€4,209 | +1045.5% |
| Total equity and liabilities | 10/49 | €91,059 | €86,686 | -€4,373 | -4.8% |
| Equity | 10/15 | €5,201 | €5,888 | +€687 | +13.2% |
| Contributions | 10/11 | €20,477 | €20,477 | = | 0.0% |
| Outside capital | 11 | €20,477 | €20,477 | = | 0.0% |
| Other | 1109/19 | €20,477 | €20,477 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€15,276 | -€14,589 | +€687 | +4.5% |
| Amounts payable | 17/49 | €85,858 | €80,798 | -€5,060 | -5.9% |
| Amounts payable after more than one year | 17 | €6,625 | - | -€6,625 | |
| Financial debts | 170/4 | €6,625 | - | -€6,625 | |
| Amounts payable within one year | 42/48 | €79,233 | €80,798 | +€1,565 | +2.0% |
| Current portion of amounts payable after more than one year | 42 | €6,478 | €6,625 | +€147 | +2.3% |
| Trade debts | 44 | €2,299 | €4,849 | +€2,550 | +111.0% |
| Suppliers | 440/4 | €2,299 | €4,849 | +€2,550 | +111.0% |
| Other amounts payable | 47/48 | €70,456 | €69,323 | -€1,132 | -1.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,468 | €12,086 | +€617 | +5.4% |
| Other operating charges | 640/8 | €4,494 | €2,648 | -€1,846 | -41.1% |
| Gross operating margin | 9900 | €19,030 | €15,765 | -€3,265 | -17.2% |
| Operating profit (loss) | 9901 | €3,068 | €1,031 | -€2,037 | -66.4% |
| Financial income | 75/76B | €197 | €66 | -€130 | -66.4% |
| Recurring financial income | 75 | €197 | €66 | -€130 | -66.4% |
| Financial charges | 65/66B | €606 | €410 | -€195 | -32.3% |
| Recurring financial charges | 65 | €606 | €410 | -€195 | -32.3% |
| Profit (loss) for the period before taxes | 9903 | €2,659 | €687 | -€1,972 | -74.2% |
| Profit (loss) for the period | 9904 | €2,659 | €687 | -€1,972 | -74.2% |
| Profit (loss) for the period to be appropriated | 9905 | €2,659 | €687 | -€1,972 | -74.2% |
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.