DECALEC: 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.
DECALEC
Largest movements
- Stocks and contracts +€65,041
up €65,041 (+117%), from €55,435 to €120,475
of which Contracts in progress: +€39,500
- Receivables within one year -€49,631
down €49,631 (-28.7%), from €173,168 to €123,537
of which Trade receivables: -€56,267
- Tangible fixed assets -€14,083
down €14,083 (-7.9%), from €177,736 to €163,653
of which Land and buildings: -€13,572
- Trade debts +€17,269
up €17,269 (+39.6%), from €43,640 to €60,908
- Tax, wage and social debts -€11,147
down €11,147 (-30.8%), from €36,212 to €25,065
of which Taxes: -€12,130
- Gross operating margin -€79,774
down €79,774 (-15.7%), from €508,911 to €429,137
- Taxes -€28,038
down €28,038 (-86.9%), from €32,266 to €4,229
- Staff costs +€12,815
up €12,815 (+3.4%), from €378,018 to €390,833
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 | €786,409 | €794,799 | +€8,390 | +1.1% |
| Fixed assets | 21/28 | €182,108 | €167,192 | -€14,916 | -8.2% |
| Intangible fixed assets | 21 | €4,115 | €3,283 | -€833 | -20.2% |
| Tangible fixed assets | 22/27 | €177,736 | €163,653 | -€14,083 | -7.9% |
| Land and buildings | 22 | €162,989 | €149,417 | -€13,572 | -8.3% |
| Plant, machinery and equipment | 23 | €7,558 | €8,095 | +€537 | +7.1% |
| Furniture and vehicles | 24 | €7,189 | €6,140 | -€1,049 | -14.6% |
| Financial fixed assets | 28 | €257 | €257 | = | 0.0% |
| Current assets | 29/58 | €604,301 | €627,607 | +€23,306 | +3.9% |
| Stocks and contracts in progress | 3 | €55,435 | €120,475 | +€65,041 | +117% |
| Stocks | 30/36 | €55,435 | €80,975 | +€25,541 | +46.1% |
| Contracts in progress | 37 | €0 | €39,500 | +€39,500 | |
| Amounts receivable within one year | 40/41 | €173,168 | €123,537 | -€49,631 | -28.7% |
| Trade receivables | 40 | €171,696 | €115,429 | -€56,267 | -32.8% |
| Other amounts receivable | 41 | €1,472 | €8,108 | +€6,636 | +451% |
| Current investments | 50/53 | €189,398 | €189,412 | +€14 | 0.0% |
| Cash at bank and in hand | 54/58 | €165,322 | €166,901 | +€1,579 | +1.0% |
| Deferred charges and accrued income | 490/1 | €20,979 | €27,281 | +€6,302 | +30.0% |
| Total equity and liabilities | 10/49 | €786,409 | €794,799 | +€8,390 | +1.1% |
| Equity | 10/15 | €694,634 | €696,315 | +€1,681 | +0.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €676,034 | €677,715 | +€1,681 | +0.2% |
| Tax-exempt reserves | 132 | €18,750 | €18,750 | = | 0.0% |
| Distributable reserves | 133 | €657,284 | €658,965 | +€1,681 | +0.3% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €91,775 | €98,484 | +€6,709 | +7.3% |
| Amounts payable within one year | 42/48 | €90,790 | €97,494 | +€6,704 | +7.4% |
| Trade debts | 44 | €43,640 | €60,908 | +€17,269 | +39.6% |
| Suppliers | 440/4 | €43,640 | €60,908 | +€17,269 | +39.6% |
| Taxes, remuneration and social security | 45 | €36,212 | €25,065 | -€11,147 | -30.8% |
| Taxes | 450/3 | €12,265 | €136 | -€12,130 | -98.9% |
| Remuneration and social security | 454/9 | €23,947 | €24,930 | +€983 | +4.1% |
| Other amounts payable | 47/48 | €10,938 | €11,520 | +€582 | +5.3% |
| Accrued charges and deferred income | 492/3 | €985 | €990 | +€5 | +0.6% |
| Non-recurring operating income | 76A | €24,609 | €0 | -€24,609 | -100% |
| Remuneration, social security and pensions | 62 | €378,018 | €390,833 | +€12,815 | +3.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,750 | €23,773 | +€2,023 | +9.3% |
| Other operating charges | 640/8 | €2,676 | €2,565 | -€112 | -4.2% |
| Gross operating margin | 9900 | €508,911 | €429,137 | -€79,774 | -15.7% |
| Operating profit (loss) | 9901 | €106,466 | €11,966 | -€94,501 | -88.8% |
| Financial income | 75/76B | €33 | €35 | +€1 | +4.3% |
| Recurring financial income | 75 | €33 | €35 | +€1 | +4.3% |
| Financial charges | 65/66B | €6,030 | €6,091 | +€62 | +1.0% |
| Recurring financial charges | 65 | €6,030 | €6,091 | +€62 | +1.0% |
| Profit (loss) for the period before taxes | 9903 | €100,470 | €5,909 | -€94,561 | -94.1% |
| Income taxes | 67/77 | €32,266 | €4,229 | -€28,038 | -86.9% |
| Profit (loss) for the period | 9904 | €68,204 | €1,681 | -€66,523 | -97.5% |
| Profit (loss) for the period to be appropriated | 9905 | €68,204 | €1,681 | -€66,523 | -97.5% |
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 21 October 2026 via checked.be.