DECATOUR: 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.
DECATOUR
Largest movements
- Receivables after one year -€1.5m
no longer reported in 2025 (was €1.5m)
- Current investments +€178,187
up €178,187 (+24.2%), from €737,247 to €915,434
- Receivables within one year -€120,641
down €120,641 (-66.5%), from €181,308 to €60,667
of which Other amounts receivable: -€67,200
- Cash +€58,967
up €58,967 (+446%), from €13,214 to €72,181
mainly Receivables after one year (+€1.5m) and Other debts (+€629,505)
- Reserves -€1.2m
down €1.2m (-53.6%), from €2.3m to €1.0m
of which Distributable reserves: -€1.2m
- Profit (loss) carried forward -€797,429
no longer reported in 2025 (was €797,429)
- Other debts +€629,505
up €629,505 (+118,106%), from €533 to €630,038
- Gross operating margin -€36,019
down €36,019 (-10.8%), from €332,799 to €296,780
- Taxes -€8,407
down €8,407 (-11.1%), from €75,904 to €67,497
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 | €3,120,328 | €1,728,594 | -€1.4m | -44.6% |
| Fixed assets | 21/28 | €707,877 | €676,347 | -€31,530 | -4.5% |
| Tangible fixed assets | 22/27 | €235,474 | €205,701 | -€29,773 | -12.6% |
| Land and buildings | 22 | €98,939 | €81,713 | -€17,226 | -17.4% |
| Plant, machinery and equipment | 23 | €1,020 | €876 | -€144 | -14.1% |
| Furniture and vehicles | 24 | €22,127 | €9,724 | -€12,403 | -56.1% |
| Other tangible fixed assets | 26 | €113,388 | €113,388 | = | 0.0% |
| Financial fixed assets | 28 | €472,403 | €470,646 | -€1,757 | -0.4% |
| Current assets | 29/58 | €2,412,451 | €1,052,247 | -€1.4m | -56.4% |
| Amounts receivable after more than one year | 29 | €1,476,976 | - | -€1.5m | |
| Other amounts receivable | 291 | €1,476,976 | - | -€1.5m | |
| Amounts receivable within one year | 40/41 | €181,308 | €60,667 | -€120,641 | -66.5% |
| Trade receivables | 40 | €101,121 | €47,680 | -€53,441 | -52.8% |
| Other amounts receivable | 41 | €80,187 | €12,987 | -€67,200 | -83.8% |
| Current investments | 50/53 | €737,247 | €915,434 | +€178,187 | +24.2% |
| Cash at bank and in hand | 54/58 | €13,214 | €72,181 | +€58,967 | +446% |
| Deferred charges and accrued income | 490/1 | €3,706 | €3,965 | +€259 | +7.0% |
| Total equity and liabilities | 10/49 | €3,120,328 | €1,728,594 | -€1.4m | -44.6% |
| Equity | 10/15 | €3,074,380 | €1,066,874 | -€2.0m | -65.3% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €2,258,359 | €1,048,282 | -€1.2m | -53.6% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Tax-exempt reserves | 132 | €32,500 | €32,500 | = | 0.0% |
| Distributable reserves | 133 | €2,224,000 | €1,013,923 | -€1.2m | -54.4% |
| Profit (loss) carried forward | 14 | €797,429 | - | -€797,429 | |
| Amounts payable | 17/49 | €45,948 | €661,720 | +€615,772 | +1,340% |
| Amounts payable within one year | 42/48 | €45,948 | €661,720 | +€615,772 | +1,340% |
| Trade debts | 44 | €20,676 | €8,491 | -€12,185 | -58.9% |
| Suppliers | 440/4 | €20,676 | €8,491 | -€12,185 | -58.9% |
| Taxes, remuneration and social security | 45 | €24,739 | €23,191 | -€1,548 | -6.3% |
| Taxes | 450/3 | €24,739 | €23,191 | -€1,548 | -6.3% |
| Other amounts payable | 47/48 | €533 | €630,038 | +€629,505 | +118,106% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,000 | €33,900 | -€1,100 | -3.1% |
| Other operating charges | 640/8 | €7,378 | €7,526 | +€148 | +2.0% |
| Gross operating margin | 9900 | €332,799 | €296,780 | -€36,019 | -10.8% |
| Operating profit (loss) | 9901 | €290,421 | €255,354 | -€35,067 | -12.1% |
| Financial income | 75/76B | €2,894 | €4,749 | +€1,855 | +64.1% |
| Recurring financial income | 75 | €2,894 | €4,749 | +€1,855 | +64.1% |
| Financial charges | 65/66B | €196 | €113 | -€83 | -42.3% |
| Recurring financial charges | 65 | €196 | €113 | -€83 | -42.3% |
| Profit (loss) for the period before taxes | 9903 | €293,119 | €259,990 | -€33,129 | -11.3% |
| Income taxes | 67/77 | €75,904 | €67,497 | -€8,407 | -11.1% |
| Profit (loss) for the period | 9904 | €217,215 | €192,493 | -€24,722 | -11.4% |
| Profit (loss) for the period to be appropriated | 9905 | €217,215 | €192,493 | -€24,722 | -11.4% |
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 13 October 2026 via checked.be.