DECAT@WORK: 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.
DECAT@WORK
Largest movements
- Tangible fixed assets -€9,228
down €9,228 (-22.5%), from €40,986 to €31,757
of which Furniture and vehicles: -€6,528
- Receivables within one year -€4,947
down €4,947 (-14.0%), from €35,391 to €30,444
of which Trade receivables: -€18,263
- Cash +€4,628
up €4,628 (+101.9%), from €4,543 to €9,170
mainly Net result for the year (+€49,161) and Depreciation (+€13,302)
- Profit (loss) carried forward +€49,161
up €49,161 (+23.9%), from -€205,559 to -€156,399
- Other debts -€26,178
down €26,178 (-100.0%), from €26,178 to €0
- Debts after one year -€13,259
down €13,259 (-70.1%), from €18,914 to €5,654
- Trade debts -€9,545
down €9,545 (-19.8%), from €48,144 to €38,598
- Current portion of long-term debt -€8,853
down €8,853 (-40.0%), from €22,112 to €13,259
- Gross operating margin +€51,937
up €51,937 (+38.1%), from €136,452 to €188,389
- Other operating charges -€2,624
down €2,624 (-69.2%), from €3,793 to €1,170
- Financial charges +€2,210
up €2,210 (+29.0%), from €7,621 to €9,831
- Staff costs +€2,141
up €2,141 (+2.0%), from €106,703 to €108,845
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 | €89,331 | €79,861 | -€9,470 | -10.6% |
| Fixed assets | 21/28 | €40,986 | €31,757 | -€9,228 | -22.5% |
| Tangible fixed assets | 22/27 | €40,986 | €31,757 | -€9,228 | -22.5% |
| Plant, machinery and equipment | 23 | €8,849 | €6,149 | -€2,700 | -30.5% |
| Furniture and vehicles | 24 | €32,137 | €25,609 | -€6,528 | -20.3% |
| Current assets | 29/58 | €48,345 | €48,103 | -€242 | -0.5% |
| Stocks and contracts in progress | 3 | €8,402 | €8,489 | +€87 | +1.0% |
| Stocks | 30/36 | €8,402 | €8,489 | +€87 | +1.0% |
| Amounts receivable within one year | 40/41 | €35,391 | €30,444 | -€4,947 | -14.0% |
| Trade receivables | 40 | €33,626 | €15,363 | -€18,263 | -54.3% |
| Other amounts receivable | 41 | €1,765 | €15,081 | +€13,316 | +754.4% |
| Cash at bank and in hand | 54/58 | €4,543 | €9,170 | +€4,628 | +101.9% |
| Deferred charges and accrued income | 490/1 | €9 | €0 | -€9 | -100.0% |
| Total equity and liabilities | 10/49 | €89,331 | €79,861 | -€9,470 | -10.6% |
| Equity | 10/15 | -€77,699 | -€28,539 | +€49,161 | +63.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €121,660 | €121,660 | = | 0.0% |
| Distributable reserves | 133 | €121,660 | €121,660 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€205,559 | -€156,399 | +€49,161 | +23.9% |
| Amounts payable | 17/49 | €167,030 | €108,399 | -€58,631 | -35.1% |
| Amounts payable after more than one year | 17 | €18,914 | €5,654 | -€13,259 | -70.1% |
| Financial debts | 170/4 | €18,914 | €5,654 | -€13,259 | -70.1% |
| Amounts payable within one year | 42/48 | €148,117 | €102,659 | -€45,458 | -30.7% |
| Current portion of amounts payable after more than one year | 42 | €22,112 | €13,259 | -€8,853 | -40.0% |
| Financial debts | 43 | €48,777 | €49,767 | +€990 | +2.0% |
| Credit institutions | 430/8 | €48,777 | €49,767 | +€990 | +2.0% |
| Trade debts | 44 | €48,144 | €38,598 | -€9,545 | -19.8% |
| Suppliers | 440/4 | €48,144 | €38,598 | -€9,545 | -19.8% |
| Advances received on contracts in progress | 46 | - | €225 | +€225 | |
| Taxes, remuneration and social security | 45 | €2,906 | €809 | -€2,098 | -72.2% |
| Taxes | 450/3 | €2,906 | €809 | -€2,098 | -72.2% |
| Other amounts payable | 47/48 | €26,178 | €0 | -€26,178 | -100.0% |
| Accrued charges and deferred income | 492/3 | - | €86 | +€86 | |
| Non-recurring operating income | 76A | €12,730 | €0 | -€12,730 | -100.0% |
| Remuneration, social security and pensions | 62 | €106,703 | €108,845 | +€2,141 | +2.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,797 | €13,302 | +€1,505 | +12.8% |
| Other operating charges | 640/8 | €3,793 | €1,170 | -€2,624 | -69.2% |
| Non-recurring operating charges | 66A | €2,123 | €5,788 | +€3,665 | +172.7% |
| Gross operating margin | 9900 | €136,452 | €188,389 | +€51,937 | +38.1% |
| Operating profit (loss) | 9901 | €12,034 | €59,284 | +€47,249 | +392.6% |
| Financial income | 75/76B | €71 | €2 | -€69 | -97.7% |
| Recurring financial income | 75 | €71 | €2 | -€69 | -97.7% |
| Financial charges | 65/66B | €7,621 | €9,831 | +€2,210 | +29.0% |
| Recurring financial charges | 65 | €7,621 | €9,831 | +€2,210 | +29.0% |
| Profit (loss) for the period before taxes | 9903 | €4,485 | €49,454 | +€44,969 | +1002.7% |
| Income taxes | 67/77 | €288 | €294 | +€5 | +1.9% |
| Profit (loss) for the period | 9904 | €4,197 | €49,161 | +€44,964 | +1071.4% |
| Profit (loss) for the period to be appropriated | 9905 | €4,197 | €49,161 | +€44,964 | +1071.4% |
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 11 October 2026 via checked.be.