DECASTUK: 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.
DECASTUK
Largest movements
- Tangible fixed assets +€117,959
up €117,959 (+48.2%), from €244,492 to €362,451
of which Leasing and similar rights: +€85,889
- Reserves +€54,183
up €54,183 (+21.6%), from €251,273 to €305,456
- Debts after one year +€46,433
up €46,433 (+26.8%), from €172,981 to €219,414
- Tax, wage and social debts -€19,360
down €19,360 (-68.5%), from €28,250 to €8,889
of which Taxes: -€18,575
- Current portion of long-term debt +€15,569
up €15,569 (+163.6%), from €9,519 to €25,088
- Accrued charges and deferred income +€15,000
new in 2026: €15,000
- Staff costs +€31,657
up €31,657 (+122.1%), from €25,935 to €57,592
- Taxes -€24,196
down €24,196 (-54.2%), from €44,655 to €20,459
- Depreciation +€21,705
up €21,705 (+1358.7%), from €1,598 to €23,303
- Gross operating margin -€10,606
down €10,606 (-5.6%), from €190,223 to €179,616
- Financial charges +€5,614
up €5,614 (+124.0%), from €4,527 to €10,141
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €547,780 | €669,894 | +€122,114 | +22.3% |
| Fixed assets | 21/28 | €244,492 | €362,451 | +€117,959 | +48.2% |
| Tangible fixed assets | 22/27 | €244,492 | €362,451 | +€117,959 | +48.2% |
| Land and buildings | 22 | €240,944 | €239,051 | -€1,893 | -0.8% |
| Plant, machinery and equipment | 23 | €823 | €25,214 | +€24,391 | +2964.6% |
| Furniture and vehicles | 24 | €2,725 | €12,297 | +€9,572 | +351.3% |
| Leasing and similar rights | 25 | - | €85,889 | +€85,889 | |
| Current assets | 29/58 | €303,288 | €307,443 | +€4,155 | +1.4% |
| Amounts receivable within one year | 40/41 | €67,790 | €68,682 | +€892 | +1.3% |
| Trade receivables | 40 | €11,711 | €68,682 | +€56,971 | +486.5% |
| Other amounts receivable | 41 | €56,079 | €0 | -€56,079 | -100.0% |
| Cash at bank and in hand | 54/58 | €231,497 | €231,750 | +€253 | +0.1% |
| Deferred charges and accrued income | 490/1 | €4,001 | €7,011 | +€3,010 | +75.2% |
| Total equity and liabilities | 10/49 | €547,780 | €669,894 | +€122,114 | +22.3% |
| Equity | 10/15 | €263,879 | €318,061 | +€54,183 | +20.5% |
| Contributions | 10/11 | €12,605 | €12,605 | = | 0.0% |
| Reserves | 13 | €251,273 | €305,456 | +€54,183 | +21.6% |
| Distributable reserves | 133 | €251,273 | €305,456 | +€54,183 | +21.6% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €283,901 | €351,833 | +€67,932 | +23.9% |
| Amounts payable after more than one year | 17 | €172,981 | €219,414 | +€46,433 | +26.8% |
| Financial debts | 170/4 | €172,981 | €219,414 | +€46,433 | +26.8% |
| Amounts payable within one year | 42/48 | €110,921 | €117,419 | +€6,499 | +5.9% |
| Current portion of amounts payable after more than one year | 42 | €9,519 | €25,088 | +€15,569 | +163.6% |
| Trade debts | 44 | €25,643 | €26,071 | +€428 | +1.7% |
| Suppliers | 440/4 | €25,643 | €26,071 | +€428 | +1.7% |
| Taxes, remuneration and social security | 45 | €28,250 | €8,889 | -€19,360 | -68.5% |
| Taxes | 450/3 | €25,398 | €6,824 | -€18,575 | -73.1% |
| Remuneration and social security | 454/9 | €2,851 | €2,066 | -€786 | -27.6% |
| Other amounts payable | 47/48 | €47,509 | €57,371 | +€9,862 | +20.8% |
| Accrued charges and deferred income | 492/3 | - | €15,000 | +€15,000 | |
| Non-recurring operating income | 76A | - | €25,497 | +€25,497 | |
| Remuneration, social security and pensions | 62 | €25,935 | €57,592 | +€31,657 | +122.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,598 | €23,303 | +€21,705 | +1358.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €7,078 | €7,078 | +€0 | 0.0% |
| Other operating charges | 640/8 | €958 | €3,545 | +€2,588 | +270.2% |
| Gross operating margin | 9900 | €190,223 | €179,616 | -€10,606 | -5.6% |
| Operating profit (loss) | 9901 | €154,655 | €88,098 | -€66,557 | -43.0% |
| Financial income | 75/76B | €6,476 | €4,241 | -€2,235 | -34.5% |
| Recurring financial income | 75 | €6,476 | €4,241 | -€2,235 | -34.5% |
| Financial charges | 65/66B | €4,527 | €10,141 | +€5,614 | +124.0% |
| Recurring financial charges | 65 | €4,527 | €10,141 | +€5,614 | +124.0% |
| Profit (loss) for the period before taxes | 9903 | €156,603 | €82,198 | -€74,405 | -47.5% |
| Income taxes | 67/77 | €44,655 | €20,459 | -€24,196 | -54.2% |
| Profit (loss) for the period | 9904 | €111,948 | €61,739 | -€50,209 | -44.9% |
| Profit (loss) for the period to be appropriated | 9905 | €111,948 | €61,739 | -€50,209 | -44.9% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.