DECAP: 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.
DECAP
Largest movements
- Tangible fixed assets -€18,293
down €18,293 (-35.8%), from €51,101 to €32,808
of which Other tangible fixed assets: -€16,850
- Receivables within one year +€4,153
up €4,153 (+20.6%), from €20,176 to €24,329
of which Trade receivables: +€5,547
- Cash -€1,643
down €1,643 (-5.8%), from €28,380 to €26,737
mainly Trade debts (-€11,603) and Net result for the year (-€6,698)
- Trade debts -€11,603
down €11,603 (-15.8%), from €73,380 to €61,777
- Profit (loss) carried forward -€6,698
down €6,698 (-32.9%), from -€20,359 to -€27,056
- Debts after one year -€6,442
down €6,442 (-92.1%), from €6,997 to €555
- Tax, wage and social debts +€5,131
up €5,131 (+15.1%), from €33,910 to €39,041
of which Taxes: +€4,511
- Gross operating margin -€13,288
down €13,288 (-3.3%), from €398,849 to €385,561
- Depreciation -€11,026
down €11,026 (-31.0%), from €35,529 to €24,502
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 | €142,196 | €124,308 | -€17,887 | -12.6% |
| Fixed assets | 21/28 | €81,101 | €62,808 | -€18,293 | -22.6% |
| Tangible fixed assets | 22/27 | €51,101 | €32,808 | -€18,293 | -35.8% |
| Plant, machinery and equipment | 23 | €21,962 | €21,009 | -€953 | -4.3% |
| Furniture and vehicles | 24 | €1,487 | €997 | -€490 | -33.0% |
| Other tangible fixed assets | 26 | €27,651 | €10,802 | -€16,850 | -60.9% |
| Financial fixed assets | 28 | €30,000 | €30,000 | = | 0.0% |
| Current assets | 29/58 | €61,095 | €61,501 | +€406 | +0.7% |
| Stocks and contracts in progress | 3 | €7,250 | €6,500 | -€750 | -10.3% |
| Stocks | 30/36 | €7,250 | €6,500 | -€750 | -10.3% |
| Amounts receivable within one year | 40/41 | €20,176 | €24,329 | +€4,153 | +20.6% |
| Trade receivables | 40 | €5,453 | €11,000 | +€5,547 | +101.7% |
| Other amounts receivable | 41 | €14,723 | €13,329 | -€1,394 | -9.5% |
| Current investments | 50/53 | €8 | €8 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €28,380 | €26,737 | -€1,643 | -5.8% |
| Deferred charges and accrued income | 490/1 | €5,280 | €3,926 | -€1,354 | -25.6% |
| Total equity and liabilities | 10/49 | €142,196 | €124,308 | -€17,887 | -12.6% |
| Equity | 10/15 | €21,346 | €14,649 | -€6,698 | -31.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €23,105 | €23,105 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €21,245 | €21,245 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€20,359 | -€27,056 | -€6,698 | -32.9% |
| Amounts payable | 17/49 | €120,849 | €109,660 | -€11,190 | -9.3% |
| Amounts payable after more than one year | 17 | €6,997 | €555 | -€6,442 | -92.1% |
| Financial debts | 170/4 | €6,997 | €555 | -€6,442 | -92.1% |
| Amounts payable within one year | 42/48 | €113,852 | €109,105 | -€4,748 | -4.2% |
| Current portion of amounts payable after more than one year | 42 | €6,053 | €6,442 | +€388 | +6.4% |
| Financial debts | 43 | - | €1,336 | +€1,336 | |
| Credit institutions | 430/8 | - | €1,336 | +€1,336 | |
| Trade debts | 44 | €73,380 | €61,777 | -€11,603 | -15.8% |
| Suppliers | 440/4 | €73,380 | €61,777 | -€11,603 | -15.8% |
| Taxes, remuneration and social security | 45 | €33,910 | €39,041 | +€5,131 | +15.1% |
| Taxes | 450/3 | €4,554 | €9,066 | +€4,511 | +99.1% |
| Remuneration and social security | 454/9 | €29,356 | €29,975 | +€620 | +2.1% |
| Other amounts payable | 47/48 | €508 | €508 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €371,624 | €372,647 | +€1,023 | +0.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,529 | €24,502 | -€11,026 | -31.0% |
| Other operating charges | 640/8 | €6,109 | €7,291 | +€1,182 | +19.3% |
| Gross operating margin | 9900 | €398,849 | €385,561 | -€13,288 | -3.3% |
| Operating profit (loss) | 9901 | -€14,412 | -€18,879 | -€4,466 | -31.0% |
| Financial income | 75/76B | €21,495 | €20,309 | -€1,185 | -5.5% |
| Recurring financial income | 75 | €21,495 | €20,309 | -€1,185 | -5.5% |
| Financial charges | 65/66B | €7,444 | €8,128 | +€684 | +9.2% |
| Recurring financial charges | 65 | €7,444 | €8,128 | +€684 | +9.2% |
| Profit (loss) for the period before taxes | 9903 | -€362 | -€6,698 | -€6,335 | -1749.4% |
| Profit (loss) for the period | 9904 | -€362 | -€6,698 | -€6,335 | -1749.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€362 | -€6,698 | -€6,335 | -1749.4% |
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 9 October 2026 via checked.be.