DECAP TONY: 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 TONY
Largest movements
- Stocks and contracts +€79,987
up €79,987 (+60.1%), from €133,022 to €213,009
of which Contracts in progress: +€56,000
- Tangible fixed assets +€43,556
up €43,556 (+26.9%), from €162,172 to €205,728
of which Furniture and vehicles: +€34,004
- Receivables within one year +€19,748
up €19,748 (+61.2%), from €32,273 to €52,021
of which Other amounts receivable: +€10,316
- Cash -€9,905
down €9,905 (-99.5%), from €9,959 to €54
mainly Stocks and contracts (-€79,987) and Investment in fixed assets (net) (-€79,396)
- Other debts +€88,444
up €88,444 (+57.2%), from €154,659 to €243,103
- Debts after one year +€29,205
up €29,205 (+53.5%), from €54,577 to €83,782
- Trade debts +€13,109
up €13,109 (+63.8%), from €20,539 to €33,648
- Advances received -€11,419
no longer reported in 2025 (was €11,419)
- Short-term financial debts +€10,504
new in 2025: €10,504
- Gross operating margin +€10,496
up €10,496 (+26.1%), from €40,251 to €50,747
- Depreciation +€5,710
up €5,710 (+17.1%), from €33,322 to €39,032
- Financial charges +€1,737
up €1,737 (+41.4%), from €4,200 to €5,937
- Other operating charges +€1,318
up €1,318 (+1116.9%), from €118 to €1,436
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 | €349,859 | €479,579 | +€129,720 | +37.1% |
| Fixed assets | 21/28 | €173,795 | €214,159 | +€40,364 | +23.2% |
| Intangible fixed assets | 21 | €10,623 | €7,432 | -€3,192 | -30.0% |
| Tangible fixed assets | 22/27 | €162,172 | €205,728 | +€43,556 | +26.9% |
| Land and buildings | 22 | €14,091 | €44,137 | +€30,046 | +213.2% |
| Plant, machinery and equipment | 23 | €116,082 | €103,587 | -€12,495 | -10.8% |
| Furniture and vehicles | 24 | - | €34,004 | +€34,004 | |
| Other tangible fixed assets | 26 | €32,000 | €24,000 | -€8,000 | -25.0% |
| Financial fixed assets | 28 | €1,000 | €1,000 | = | 0.0% |
| Current assets | 29/58 | €176,063 | €265,419 | +€89,356 | +50.8% |
| Stocks and contracts in progress | 3 | €133,022 | €213,009 | +€79,987 | +60.1% |
| Stocks | 30/36 | €78,022 | €102,009 | +€23,987 | +30.7% |
| Contracts in progress | 37 | €55,000 | €111,000 | +€56,000 | +101.8% |
| Amounts receivable within one year | 40/41 | €32,273 | €52,021 | +€19,748 | +61.2% |
| Trade receivables | 40 | €30,156 | €39,588 | +€9,432 | +31.3% |
| Other amounts receivable | 41 | €2,117 | €12,433 | +€10,316 | +487.4% |
| Cash at bank and in hand | 54/58 | €9,959 | €54 | -€9,905 | -99.5% |
| Deferred charges and accrued income | 490/1 | €810 | €335 | -€474 | -58.6% |
| Total equity and liabilities | 10/49 | €349,859 | €479,579 | +€129,720 | +37.1% |
| Equity | 10/15 | €85,150 | €85,385 | +€235 | +0.3% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €63,618 | €66,558 | +€2,940 | +4.6% |
| Distributable reserves | 133 | €63,618 | €66,558 | +€2,940 | +4.6% |
| Profit (loss) carried forward | 14 | €2,940 | €235 | -€2,706 | -92.0% |
| Amounts payable | 17/49 | €264,709 | €394,194 | +€129,485 | +48.9% |
| Amounts payable after more than one year | 17 | €54,577 | €83,782 | +€29,205 | +53.5% |
| Financial debts | 170/4 | €54,577 | €83,782 | +€29,205 | +53.5% |
| Amounts payable within one year | 42/48 | €210,132 | €310,412 | +€100,280 | +47.7% |
| Current portion of amounts payable after more than one year | 42 | €23,514 | €23,156 | -€358 | -1.5% |
| Financial debts | 43 | - | €10,504 | +€10,504 | |
| Credit institutions | 430/8 | - | €10,504 | +€10,504 | |
| Trade debts | 44 | €20,539 | €33,648 | +€13,109 | +63.8% |
| Suppliers | 440/4 | €20,539 | €33,648 | +€13,109 | +63.8% |
| Advances received on contracts in progress | 46 | €11,419 | - | -€11,419 | |
| Other amounts payable | 47/48 | €154,659 | €243,103 | +€88,444 | +57.2% |
| Non-recurring operating income | 76A | - | €10,950 | +€10,950 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,322 | €39,032 | +€5,710 | +17.1% |
| Other operating charges | 640/8 | €118 | €1,436 | +€1,318 | +1116.9% |
| Non-recurring operating charges | 66A | - | €4,383 | +€4,383 | |
| Gross operating margin | 9900 | €40,251 | €50,747 | +€10,496 | +26.1% |
| Operating profit (loss) | 9901 | €6,811 | €5,896 | -€915 | -13.4% |
| Financial income | 75/76B | €330 | €275 | -€54 | -16.5% |
| Recurring financial income | 75 | €330 | €275 | -€54 | -16.5% |
| Financial charges | 65/66B | €4,200 | €5,937 | +€1,737 | +41.4% |
| Recurring financial charges | 65 | €4,200 | €5,937 | +€1,737 | +41.4% |
| Profit (loss) for the period before taxes | 9903 | €2,940 | €235 | -€2,706 | -92.0% |
| Profit (loss) for the period | 9904 | €2,940 | €235 | -€2,706 | -92.0% |
| Profit (loss) for the period to be appropriated | 9905 | €2,940 | €235 | -€2,706 | -92.0% |
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 12 October 2026 via checked.be.