DECATH HOLDING: 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.
DECATH HOLDING
Largest movements
- Tangible fixed assets +€43,115
up €43,115 (+5.8%), from €748,179 to €791,294
of which Furniture and vehicles: +€56,931
- Accrued charges and deferred income +€96,379
up €96,379 (+401%), from €24,058 to €120,437
- Tax, wage and social debts -€40,436
down €40,436 (-70.0%), from €57,728 to €17,292
of which Taxes: -€40,547
- Other debts -€38,023
down €38,023 (-16.4%), from €232,350 to €194,327
- Reserves +€37,318
up €37,318 (+2.6%), from €1.4m to €1.5m
of which Distributable reserves: +€37,318
- Taxes +€25,837
up €25,837, from -€9,501 to €16,336
- Gross operating margin +€22,688
up €22,688 (+28.0%), from €81,038 to €103,727
- Financial charges -€14,147
down €14,147 (-29.1%), from €48,675 to €34,527
- Financial income -€5,970
down €5,970 (-38.8%), from €15,371 to €9,401
- Depreciation -€2,995
down €2,995 (-13.3%), from €22,473 to €19,478
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 | €3,589,395 | €3,623,896 | +€34,501 | +1.0% |
| Fixed assets | 21/28 | €2,105,828 | €2,148,943 | +€43,115 | +2.0% |
| Tangible fixed assets | 22/27 | €748,179 | €791,294 | +€43,115 | +5.8% |
| Furniture and vehicles | 24 | €4,300 | €61,232 | +€56,931 | +1,324% |
| Other tangible fixed assets | 26 | €743,879 | €730,062 | -€13,817 | -1.9% |
| Financial fixed assets | 28 | €1,357,649 | €1,357,649 | = | 0.0% |
| Current assets | 29/58 | €1,483,567 | €1,474,953 | -€8,613 | -0.6% |
| Amounts receivable after more than one year | 29 | €746,780 | €746,780 | = | 0.0% |
| Other amounts receivable | 291 | €746,780 | €746,780 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €34,234 | €32,935 | -€1,299 | -3.8% |
| Trade receivables | 40 | €34,234 | €31,846 | -€2,387 | -7.0% |
| Other amounts receivable | 41 | €0 | €1,088 | +€1,088 | |
| Current investments | 50/53 | €465,000 | €465,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €42,177 | €35,710 | -€6,467 | -15.3% |
| Deferred charges and accrued income | 490/1 | €195,376 | €194,529 | -€847 | -0.4% |
| Total equity and liabilities | 10/49 | €3,589,395 | €3,623,896 | +€34,501 | +1.0% |
| Equity | 10/15 | €2,395,348 | €2,432,666 | +€37,318 | +1.6% |
| Contributions | 10/11 | €962,130 | €962,130 | = | 0.0% |
| Capital | 10 | €962,130 | €962,130 | = | 0.0% |
| Issued capital | 100 | €962,130 | €962,130 | = | 0.0% |
| Reserves | 13 | €1,433,218 | €1,470,536 | +€37,318 | +2.6% |
| Non-distributable reserves | 130/1 | €75,797 | €75,797 | = | 0.0% |
| Legal reserve | 130 | €75,797 | €75,797 | = | 0.0% |
| Distributable reserves | 133 | €1,357,421 | €1,394,739 | +€37,318 | +2.7% |
| Amounts payable | 17/49 | €1,194,046 | €1,191,230 | -€2,817 | -0.2% |
| Amounts payable after more than one year | 17 | €859,063 | €847,565 | -€11,498 | -1.3% |
| Financial debts | 170/4 | €109,063 | €97,565 | -€11,498 | -10.5% |
| Other amounts payable | 178/9 | €750,000 | €750,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €310,925 | €223,228 | -€87,697 | -28.2% |
| Current portion of amounts payable after more than one year | 42 | €15,477 | €11,498 | -€3,979 | -25.7% |
| Trade debts | 44 | €5,371 | €111 | -€5,260 | -97.9% |
| Suppliers | 440/4 | €5,371 | €111 | -€5,260 | -97.9% |
| Taxes, remuneration and social security | 45 | €57,728 | €17,292 | -€40,436 | -70.0% |
| Taxes | 450/3 | €55,309 | €14,762 | -€40,547 | -73.3% |
| Remuneration and social security | 454/9 | €2,418 | €2,530 | +€111 | +4.6% |
| Other amounts payable | 47/48 | €232,350 | €194,327 | -€38,023 | -16.4% |
| Accrued charges and deferred income | 492/3 | €24,058 | €120,437 | +€96,379 | +401% |
| Non-recurring operating income | 76A | €0 | €21,351 | +€21,351 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,473 | €19,478 | -€2,995 | -13.3% |
| Other operating charges | 640/8 | €5,209 | €5,469 | +€259 | +5.0% |
| Gross operating margin | 9900 | €81,038 | €103,727 | +€22,688 | +28.0% |
| Operating profit (loss) | 9901 | €53,356 | €78,780 | +€25,425 | +47.7% |
| Financial income | 75/76B | €15,371 | €9,401 | -€5,970 | -38.8% |
| Recurring financial income | 75 | €15,371 | €9,401 | -€5,970 | -38.8% |
| Financial charges | 65/66B | €48,675 | €34,527 | -€14,147 | -29.1% |
| Recurring financial charges | 65 | €48,675 | €34,527 | -€14,147 | -29.1% |
| Profit (loss) for the period before taxes | 9903 | €20,052 | €53,654 | +€33,602 | +168% |
| Income taxes | 67/77 | -€9,501 | €16,336 | +€25,837 | |
| Profit (loss) for the period | 9904 | €29,553 | €37,318 | +€7,765 | +26.3% |
| Profit (loss) for the period to be appropriated | 9905 | €29,553 | €37,318 | +€7,765 | +26.3% |
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 30 October 2026 via checked.be.