DECASAN: 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.
DECASAN
Largest movements
- Receivables after one year -€43,606
down €43,606 (-31.8%), from €137,031 to €93,426
- Receivables within one year +€12,365
up €12,365 (+217%), from €5,688 to €18,054
of which Trade receivables: +€12,101
- Debts after one year -€26,863
down €26,863 (-12.0%), from €223,892 to €197,029
- Other debts +€15,440
up €15,440 (+12.1%), from €127,835 to €143,275
- Short-term financial debts -€13,469
down €13,469 (-66.7%), from €20,196 to €6,727
- Reserves -€6,802
down €6,802 (-13.5%), from €50,310 to €43,508
of which Distributable reserves: -€6,802
- Gross operating margin -€7,184
down €7,184 (-37.9%), from €18,974 to €11,789
- Financial charges -€1,647
down €1,647 (-16.1%), from €10,232 to €8,585
- Financial income -€322
down €322 (-18.8%), from €1,716 to €1,394
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 | €479,534 | €446,808 | -€32,726 | -6.8% |
| Fixed assets | 21/28 | €336,164 | €334,075 | -€2,089 | -0.6% |
| Tangible fixed assets | 22/27 | €336,164 | €334,075 | -€2,089 | -0.6% |
| Land and buildings | 22 | €333,065 | €330,976 | -€2,089 | -0.6% |
| Furniture and vehicles | 24 | €3,099 | €3,099 | = | 0.0% |
| Current assets | 29/58 | €143,370 | €112,733 | -€30,637 | -21.4% |
| Amounts receivable after more than one year | 29 | €137,031 | €93,426 | -€43,606 | -31.8% |
| Other amounts receivable | 291 | €137,031 | €93,426 | -€43,606 | -31.8% |
| Amounts receivable within one year | 40/41 | €5,688 | €18,054 | +€12,365 | +217% |
| Trade receivables | 40 | €3,842 | €15,942 | +€12,101 | +315% |
| Other amounts receivable | 41 | €1,847 | €2,111 | +€265 | +14.3% |
| Current investments | 50/53 | €32 | €32 | = | 0.0% |
| Cash at bank and in hand | 54/58 | - | €483 | +€483 | |
| Deferred charges and accrued income | 490/1 | €618 | €739 | +€121 | +19.6% |
| Total equity and liabilities | 10/49 | €479,534 | €446,808 | -€32,726 | -6.8% |
| Equity | 10/15 | €68,910 | €62,108 | -€6,802 | -9.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €50,310 | €43,508 | -€6,802 | -13.5% |
| 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 | €48,450 | €41,648 | -€6,802 | -14.0% |
| Amounts payable | 17/49 | €410,624 | €384,701 | -€25,923 | -6.3% |
| Amounts payable after more than one year | 17 | €223,892 | €197,029 | -€26,863 | -12.0% |
| Financial debts | 170/4 | €223,892 | €197,029 | -€26,863 | -12.0% |
| Amounts payable within one year | 42/48 | €186,732 | €187,672 | +€940 | +0.5% |
| Current portion of amounts payable after more than one year | 42 | €26,117 | €26,863 | +€746 | +2.9% |
| Financial debts | 43 | €20,196 | €6,727 | -€13,469 | -66.7% |
| Credit institutions | 430/8 | €20,196 | €6,727 | -€13,469 | -66.7% |
| Trade debts | 44 | €10,802 | €8,564 | -€2,239 | -20.7% |
| Suppliers | 440/4 | €10,802 | €8,564 | -€2,239 | -20.7% |
| Taxes, remuneration and social security | 45 | €1,782 | €2,243 | +€462 | +25.9% |
| Taxes | 450/3 | €1,782 | €543 | -€1,238 | -69.5% |
| Remuneration and social security | 454/9 | €0 | €1,700 | +€1,700 | |
| Other amounts payable | 47/48 | €127,835 | €143,275 | +€15,440 | +12.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,237 | €10,249 | +€12 | +0.1% |
| Other operating charges | 640/8 | €1,077 | €1,106 | +€29 | +2.7% |
| Gross operating margin | 9900 | €18,974 | €11,789 | -€7,184 | -37.9% |
| Operating profit (loss) | 9901 | €7,659 | €434 | -€7,226 | -94.3% |
| Financial income | 75/76B | €1,716 | €1,394 | -€322 | -18.8% |
| Recurring financial income | 75 | €1,716 | €1,394 | -€322 | -18.8% |
| Financial charges | 65/66B | €10,232 | €8,585 | -€1,647 | -16.1% |
| Recurring financial charges | 65 | €10,232 | €8,585 | -€1,647 | -16.1% |
| Profit (loss) for the period before taxes | 9903 | -€857 | -€6,757 | -€5,900 | -689% |
| Income taxes | 67/77 | €86 | €45 | -€40 | -47.0% |
| Profit (loss) for the period | 9904 | -€943 | -€6,802 | -€5,860 | -622% |
| Profit (loss) for the period to be appropriated | 9905 | -€943 | -€6,802 | -€5,860 | -622% |
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 14 October 2026 via checked.be.