DECAURIM: 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.
DECAURIM
Largest movements
- Tangible fixed assets +€75,251
up €75,251 (+8.8%), from €858,899 to €934,150
of which Land and buildings: +€81,317
- Receivables within one year -€29,975
down €29,975 (-85.0%), from €35,254 to €5,280
of which Trade receivables: -€34,571
- Cash -€13,817
down €13,817 (-44.6%), from €31,004 to €17,188
mainly Investment in fixed assets (net) (-€123,088) and Net result for the year (-€55,211)
- Other debts +€120,669
up €120,669 (+56.1%), from €214,939 to €335,608
- Profit (loss) carried forward -€55,211
down €55,211 (-125.4%), from -€44,012 to -€99,223
- Debts after one year -€33,261
down €33,261 (-6.4%), from €517,909 to €484,648
- Trade debts -€12,429
down €12,429 (-21.2%), from €58,686 to €46,257
- Tax, wage and social debts +€11,314
up €11,314 (+104.9%), from €10,782 to €22,097
- Gross operating margin -€19,870
down €19,870 (-84.7%), from €23,471 to €3,601
- Depreciation +€8,658
up €8,658 (+22.1%), from €39,180 to €47,838
- Financial charges -€2,611
down €2,611 (-21.6%), from €12,110 to €9,499
- Taxes -€353
down €353 (-49.9%), from €708 to €355
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 | €926,242 | €957,761 | +€31,519 | +3.4% |
| Fixed assets | 21/28 | €858,899 | €934,150 | +€75,251 | +8.8% |
| Tangible fixed assets | 22/27 | €858,899 | €934,150 | +€75,251 | +8.8% |
| Land and buildings | 22 | €831,790 | €913,107 | +€81,317 | +9.8% |
| Plant, machinery and equipment | 23 | €1,669 | €744 | -€925 | -55.4% |
| Furniture and vehicles | 24 | €25,440 | €20,298 | -€5,141 | -20.2% |
| Current assets | 29/58 | €67,343 | €23,611 | -€43,732 | -64.9% |
| Amounts receivable within one year | 40/41 | €35,254 | €5,280 | -€29,975 | -85.0% |
| Trade receivables | 40 | €34,571 | €0 | -€34,571 | -100.0% |
| Other amounts receivable | 41 | €684 | €5,280 | +€4,596 | +672.1% |
| Cash at bank and in hand | 54/58 | €31,004 | €17,188 | -€13,817 | -44.6% |
| Deferred charges and accrued income | 490/1 | €1,084 | €1,144 | +€59 | +5.4% |
| Total equity and liabilities | 10/49 | €926,242 | €957,761 | +€31,519 | +3.4% |
| Equity | 10/15 | €91,101 | €35,890 | -€55,211 | -60.6% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Reserves | 13 | €73,140 | €73,140 | = | 0.0% |
| Distributable reserves | 133 | €73,140 | €73,140 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€44,012 | -€99,223 | -€55,211 | -125.4% |
| Amounts payable | 17/49 | €835,141 | €921,871 | +€86,729 | +10.4% |
| Amounts payable after more than one year | 17 | €517,909 | €484,648 | -€33,261 | -6.4% |
| Financial debts | 170/4 | €517,909 | €484,648 | -€33,261 | -6.4% |
| Amounts payable within one year | 42/48 | €317,232 | €437,222 | +€119,990 | +37.8% |
| Current portion of amounts payable after more than one year | 42 | €32,826 | €33,261 | +€435 | +1.3% |
| Trade debts | 44 | €58,686 | €46,257 | -€12,429 | -21.2% |
| Suppliers | 440/4 | €58,686 | €46,257 | -€12,429 | -21.2% |
| Taxes, remuneration and social security | 45 | €10,782 | €22,097 | +€11,314 | +104.9% |
| Taxes | 450/3 | €10,782 | €22,097 | +€11,314 | +104.9% |
| Other amounts payable | 47/48 | €214,939 | €335,608 | +€120,669 | +56.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €39,180 | €47,838 | +€8,658 | +22.1% |
| Other operating charges | 640/8 | €1,279 | €1,121 | -€159 | -12.4% |
| Gross operating margin | 9900 | €23,471 | €3,601 | -€19,870 | -84.7% |
| Operating profit (loss) | 9901 | -€16,988 | -€45,357 | -€28,369 | -167.0% |
| Financial income | 75/76B | €1 | €0 | -€1 | -95.4% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -95.4% |
| Financial charges | 65/66B | €12,110 | €9,499 | -€2,611 | -21.6% |
| Recurring financial charges | 65 | €12,110 | €9,499 | -€2,611 | -21.6% |
| Profit (loss) for the period before taxes | 9903 | -€29,097 | -€54,856 | -€25,758 | -88.5% |
| Income taxes | 67/77 | €708 | €355 | -€353 | -49.9% |
| Profit (loss) for the period | 9904 | -€29,805 | -€55,211 | -€25,405 | -85.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€29,805 | -€55,211 | -€25,405 | -85.2% |
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.