DECANEST: 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.
DECANEST
Largest movements
- Cash +€47,017
up €47,017 (+46.2%), from €101,856 to €148,873
mainly Net result for the year (+€40,983) and Debts after one year (+€24,720)
- Tangible fixed assets +€40,494
up €40,494 (+1636.9%), from €2,474 to €42,968
- Deferred charges and accrued income -€22,292
down €22,292 (-61.2%), from €36,395 to €14,103
- Current investments +€18,000
new in 2025: €18,000
- Profit (loss) carried forward +€40,983
up €40,983 (+39.1%), from €104,864 to €145,848
- Debts after one year +€24,720
new in 2025: €24,720
- Current portion of long-term debt +€11,272
new in 2025: €11,272
- Tax, wage and social debts +€8,905
up €8,905 (+28.3%), from €31,500 to €40,405
- Gross operating margin -€71,224
down €71,224 (-52.9%), from €134,627 to €63,402
- Taxes -€18,595
down €18,595 (-63.0%), from €29,500 to €10,905
- Depreciation +€9,793
up €9,793 (+3916.3%), from €250 to €10,044
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 | €140,725 | €225,944 | +€85,220 | +60.6% |
| Fixed assets | 21/28 | €2,474 | €42,968 | +€40,494 | +1636.9% |
| Tangible fixed assets | 22/27 | €2,474 | €42,968 | +€40,494 | +1636.9% |
| Furniture and vehicles | 24 | €2,474 | €42,968 | +€40,494 | +1636.9% |
| Current assets | 29/58 | €138,251 | €182,976 | +€44,725 | +32.4% |
| Amounts receivable within one year | 40/41 | - | €2,000 | +€2,000 | |
| Trade receivables | 40 | - | €2,000 | +€2,000 | |
| Current investments | 50/53 | - | €18,000 | +€18,000 | |
| Cash at bank and in hand | 54/58 | €101,856 | €148,873 | +€47,017 | +46.2% |
| Deferred charges and accrued income | 490/1 | €36,395 | €14,103 | -€22,292 | -61.2% |
| Total equity and liabilities | 10/49 | €140,725 | €225,944 | +€85,220 | +60.6% |
| Equity | 10/15 | €107,864 | €148,848 | +€40,983 | +38.0% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €104,864 | €145,848 | +€40,983 | +39.1% |
| Amounts payable | 17/49 | €32,860 | €77,097 | +€44,236 | +134.6% |
| Amounts payable after more than one year | 17 | - | €24,720 | +€24,720 | |
| Financial debts | 170/4 | - | €24,720 | +€24,720 | |
| Amounts payable within one year | 42/48 | €32,860 | €52,377 | +€19,517 | +59.4% |
| Current portion of amounts payable after more than one year | 42 | - | €11,272 | +€11,272 | |
| Trade debts | 44 | €391 | €320 | -€71 | -18.3% |
| Suppliers | 440/4 | €391 | €320 | -€71 | -18.3% |
| Taxes, remuneration and social security | 45 | €31,500 | €40,405 | +€8,905 | +28.3% |
| Taxes | 450/3 | €31,500 | €40,405 | +€8,905 | +28.3% |
| Other amounts payable | 47/48 | €969 | €381 | -€588 | -60.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €250 | €10,044 | +€9,793 | +3916.3% |
| Other operating charges | 640/8 | - | €175 | +€175 | |
| Gross operating margin | 9900 | €134,627 | €63,402 | -€71,224 | -52.9% |
| Operating profit (loss) | 9901 | €134,377 | €53,184 | -€81,193 | -60.4% |
| Financial charges | 65/66B | €12 | €1,296 | +€1,284 | +10469.5% |
| Recurring financial charges | 65 | €12 | €1,296 | +€1,284 | +10469.5% |
| Profit (loss) for the period before taxes | 9903 | €134,364 | €51,888 | -€82,477 | -61.4% |
| Income taxes | 67/77 | €29,500 | €10,905 | -€18,595 | -63.0% |
| Profit (loss) for the period | 9904 | €104,864 | €40,983 | -€63,881 | -60.9% |
| Profit (loss) for the period to be appropriated | 9905 | €104,864 | €40,983 | -€63,881 | -60.9% |
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 30 September 2026 via checked.be.