DeCarpaccio: 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.
DeCarpaccio
Largest movements
- Tangible fixed assets -€17,801
down €17,801 (-13.0%), from €136,868 to €119,068
of which Land and buildings: -€17,458
- Receivables within one year +€14,409
up €14,409 (+1513.2%), from €952 to €15,361
of which Other amounts receivable: +€15,322
- Cash -€9,680
down €9,680 (-20.3%), from €47,645 to €37,965
mainly Current portion of long-term debt (-€18,865) and Investment in fixed assets (net) (-€14,833)
- Stocks and contracts +€7,454
up €7,454 (+106.7%), from €6,988 to €14,442
- Deferred charges and accrued income +€3,968
up €3,968 (+258.5%), from €1,535 to €5,503
- Current portion of long-term debt -€18,865
down €18,865 (-55.6%), from €33,922 to €15,056
- Reserves +€12,737
up €12,737 (+14.4%), from €88,573 to €101,311
- Tax, wage and social debts +€8,862
up €8,862 (+65.6%), from €13,515 to €22,377
of which Remuneration and social security: +€5,122
- Debts after one year -€4,453
down €4,453 (-13.6%), from €32,660 to €28,207
- Gross operating margin +€27,329
up €27,329 (+22.9%), from €119,467 to €146,796
- Staff costs +€16,112
up €16,112 (+21.1%), from €76,307 to €92,419
- Taxes +€3,530
up €3,530 (+187.3%), from €1,885 to €5,415
- Financial charges -€1,641
down €1,641 (-36.3%), from €4,519 to €2,878
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 | €193,989 | €192,339 | -€1,650 | -0.9% |
| Fixed assets | 21/28 | €136,868 | €119,068 | -€17,801 | -13.0% |
| Tangible fixed assets | 22/27 | €136,868 | €119,068 | -€17,801 | -13.0% |
| Land and buildings | 22 | €82,270 | €64,812 | -€17,458 | -21.2% |
| Plant, machinery and equipment | 23 | €12,659 | €24,727 | +€12,069 | +95.3% |
| Furniture and vehicles | 24 | €41,940 | €29,528 | -€12,412 | -29.6% |
| Current assets | 29/58 | €57,121 | €73,272 | +€16,151 | +28.3% |
| Stocks and contracts in progress | 3 | €6,988 | €14,442 | +€7,454 | +106.7% |
| Stocks | 30/36 | €6,988 | €14,442 | +€7,454 | +106.7% |
| Amounts receivable within one year | 40/41 | €952 | €15,361 | +€14,409 | +1513.2% |
| Trade receivables | 40 | €913 | €0 | -€913 | -100.0% |
| Other amounts receivable | 41 | €39 | €15,361 | +€15,322 | +39267.0% |
| Cash at bank and in hand | 54/58 | €47,645 | €37,965 | -€9,680 | -20.3% |
| Deferred charges and accrued income | 490/1 | €1,535 | €5,503 | +€3,968 | +258.5% |
| Total equity and liabilities | 10/49 | €193,989 | €192,339 | -€1,650 | -0.9% |
| Equity | 10/15 | €108,573 | €121,311 | +€12,737 | +11.7% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €88,573 | €101,311 | +€12,737 | +14.4% |
| Distributable reserves | 133 | €88,573 | €101,311 | +€12,737 | +14.4% |
| Amounts payable | 17/49 | €85,416 | €71,029 | -€14,387 | -16.8% |
| Amounts payable after more than one year | 17 | €32,660 | €28,207 | -€4,453 | -13.6% |
| Financial debts | 170/4 | €32,660 | €28,207 | -€4,453 | -13.6% |
| Amounts payable within one year | 42/48 | €52,756 | €42,822 | -€9,934 | -18.8% |
| Current portion of amounts payable after more than one year | 42 | €33,922 | €15,056 | -€18,865 | -55.6% |
| Trade debts | 44 | €5,141 | €5,388 | +€247 | +4.8% |
| Suppliers | 440/4 | €5,141 | €5,388 | +€247 | +4.8% |
| Taxes, remuneration and social security | 45 | €13,515 | €22,377 | +€8,862 | +65.6% |
| Taxes | 450/3 | €10,596 | €14,336 | +€3,740 | +35.3% |
| Remuneration and social security | 454/9 | €2,919 | €8,041 | +€5,122 | +175.5% |
| Other amounts payable | 47/48 | €178 | €0 | -€178 | -100.0% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €76,307 | €92,419 | +€16,112 | +21.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,245 | €32,633 | +€388 | +1.2% |
| Other operating charges | 640/8 | €1,881 | €2,055 | +€174 | +9.3% |
| Gross operating margin | 9900 | €119,467 | €146,796 | +€27,329 | +22.9% |
| Operating profit (loss) | 9901 | €9,034 | €19,689 | +€10,655 | +117.9% |
| Financial income | 75/76B | €1,324 | €1,342 | +€18 | +1.4% |
| Recurring financial income | 75 | €1,324 | €1,342 | +€18 | +1.4% |
| Financial charges | 65/66B | €4,519 | €2,878 | -€1,641 | -36.3% |
| Recurring financial charges | 65 | €4,519 | €2,878 | -€1,641 | -36.3% |
| Profit (loss) for the period before taxes | 9903 | €5,838 | €18,153 | +€12,314 | +210.9% |
| Income taxes | 67/77 | €1,885 | €5,415 | +€3,530 | +187.3% |
| Profit (loss) for the period | 9904 | €3,954 | €12,737 | +€8,784 | +222.2% |
| Profit (loss) for the period to be appropriated | 9905 | €3,954 | €12,737 | +€8,784 | +222.2% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.