DECAPMAKER & Partners: 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.
DECAPMAKER & Partners
Largest movements
- Intangible fixed assets -€259,606
down €259,606 (-15.4%), from €1.7m to €1.4m
- Cash +€229,466
up €229,466 (+35.2%), from €651,963 to €881,429
mainly Net result for the year (+€803,925) and Depreciation (+€328,912)
- Tangible fixed assets -€29,009
down €29,009 (-7.9%), from €369,077 to €340,068
of which Furniture and vehicles: -€23,979
- Debts after one year -€169,887
down €169,887 (-13.7%), from €1.2m to €1.1m
- Other debts +€82,004
up €82,004 (+11.3%), from €727,851 to €809,854
- Tax, wage and social debts +€40,319
up €40,319 (+40.0%), from €100,905 to €141,225
of which Remuneration and social security: +€37,410
- Gross operating margin +€196,251
up €196,251 (+10.7%), from €1.8m to €2.0m
- Staff costs +€89,600
up €89,600 (+12.3%), from €730,165 to €819,765
- Depreciation +€32,512
up €32,512 (+11.0%), from €296,400 to €328,912
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 | €2,875,310 | €2,819,068 | -€56,243 | -2.0% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €2,059,130 | €1,770,516 | -€288,614 | -14.0% |
| Intangible fixed assets | 21 | €1,690,053 | €1,430,448 | -€259,606 | -15.4% |
| Tangible fixed assets | 22/27 | €369,077 | €340,068 | -€29,009 | -7.9% |
| Plant, machinery and equipment | 23 | €80,128 | €74,323 | -€5,805 | -7.2% |
| Furniture and vehicles | 24 | €153,561 | €129,581 | -€23,979 | -15.6% |
| Other tangible fixed assets | 26 | €135,388 | €136,164 | +€775 | +0.6% |
| Current assets | 29/58 | €816,180 | €1,048,552 | +€232,372 | +28.5% |
| Amounts receivable within one year | 40/41 | €113,943 | €124,251 | +€10,308 | +9.0% |
| Trade receivables | 40 | €112,066 | €116,793 | +€4,727 | +4.2% |
| Other amounts receivable | 41 | €1,877 | €7,458 | +€5,581 | +297% |
| Cash at bank and in hand | 54/58 | €651,963 | €881,429 | +€229,466 | +35.2% |
| Deferred charges and accrued income | 490/1 | €50,274 | €42,872 | -€7,402 | -14.7% |
| Total equity and liabilities | 10/49 | €2,875,310 | €2,819,068 | -€56,243 | -2.0% |
| Equity | 10/15 | €602,255 | €609,668 | +€7,412 | +1.2% |
| Contributions | 10/11 | €225,000 | €225,000 | = | 0.0% |
| Reserves | 13 | €377,255 | €384,668 | +€7,412 | +2.0% |
| Distributable reserves | 133 | €377,255 | €384,668 | +€7,412 | +2.0% |
| Amounts payable | 17/49 | €2,273,055 | €2,209,400 | -€63,655 | -2.8% |
| Amounts payable after more than one year | 17 | €1,240,265 | €1,070,378 | -€169,887 | -13.7% |
| Financial debts | 170/4 | €1,240,265 | €1,070,378 | -€169,887 | -13.7% |
| Amounts payable within one year | 42/48 | €1,032,790 | €1,139,022 | +€106,232 | +10.3% |
| Current portion of amounts payable after more than one year | 42 | €169,046 | €169,887 | +€841 | +0.5% |
| Trade debts | 44 | €34,989 | €18,056 | -€16,932 | -48.4% |
| Suppliers | 440/4 | €33,533 | €18,056 | -€15,476 | -46.2% |
| Bills of exchange payable | 441 | €1,456 | - | -€1,456 | |
| Taxes, remuneration and social security | 45 | €100,905 | €141,225 | +€40,319 | +40.0% |
| Taxes | 450/3 | €1,870 | €4,779 | +€2,909 | +156% |
| Remuneration and social security | 454/9 | €99,035 | €136,446 | +€37,410 | +37.8% |
| Other amounts payable | 47/48 | €727,851 | €809,854 | +€82,004 | +11.3% |
| Remuneration, social security and pensions | 62 | €730,165 | €819,765 | +€89,600 | +12.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €296,400 | €328,912 | +€32,512 | +11.0% |
| Other operating charges | 640/8 | €2,188 | €568 | -€1,620 | -74.0% |
| Gross operating margin | 9900 | €1,826,563 | €2,022,814 | +€196,251 | +10.7% |
| Operating profit (loss) | 9901 | €797,809 | €873,569 | +€75,759 | +9.5% |
| Financial income | 75/76B | €7,249 | €1,177 | -€6,072 | -83.8% |
| Recurring financial income | 75 | €789 | €1,177 | +€388 | +49.2% |
| Non-recurring financial income | 76B | €6,460 | - | -€6,460 | |
| Financial charges | 65/66B | €51,157 | €58,233 | +€7,076 | +13.8% |
| Recurring financial charges | 65 | €51,157 | €58,233 | +€7,076 | +13.8% |
| Profit (loss) for the period before taxes | 9903 | €753,901 | €816,513 | +€62,611 | +8.3% |
| Income taxes | 67/77 | €12,069 | €12,588 | +€519 | +4.3% |
| Profit (loss) for the period | 9904 | €741,833 | €803,925 | +€62,092 | +8.4% |
| Profit (loss) for the period to be appropriated | 9905 | €741,833 | €803,925 | +€62,092 | +8.4% |
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 16 October 2026 via checked.be.