DECAVAN: what changed
Two fiscal 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.
DECAVAN
Largest movements
- Cash +€135,062
up €135,062 (+39.0%), from €346,370 to €481,432
mainly Net result for the year (+€124,356) and Receivables within one year (+€47,864)
- Receivables within one year -€47,864
down €47,864 (-6.4%), from €750,315 to €702,451
of which Other amounts receivable: -€41,080
- Current investments -€22,604
down €22,604 (-20.5%), from €110,134 to €87,530
- Tangible fixed assets +€18,519
up €18,519 (+327.2%), from €5,660 to €24,179
of which Furniture and vehicles: +€16,340
- Deferred charges and accrued income +€16,553
up €16,553 (+43.0%), from €38,462 to €55,015
- Reserves +€124,356
up €124,356 (+16.9%), from €736,137 to €860,493
of which Distributable reserves: +€82,256
- Accrued charges and deferred income -€25,003
down €25,003 (-38.4%), from €65,101 to €40,098
- Tax, wage and social debts -€23,171
down €23,171 (-35.6%), from €65,035 to €41,863
of which Taxes: -€25,227
- Other debts +€18,070
up €18,070 (+113.9%), from €15,867 to €33,936
- Current portion of long-term debt -€15,490
down €15,490 (-100.0%), from €15,490 to €0
- Gross operating margin +€18,865
up €18,865 (+6.5%), from €290,007 to €308,872
- Depreciation -€13,148
down €13,148 (-70.8%), from €18,569 to €5,421
- Taxes +€12,923
up €12,923 (+34.6%), from €37,337 to €50,260
- Other operating charges +€6,388
up €6,388 (+215.8%), from €2,960 to €9,347
- Write-downs -€5,248
down €5,248 (-82.7%), from €6,343 to €1,095
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 | €1,256,123 | €1,362,135 | +€106,012 | +8.4% |
| Fixed assets | 21/28 | €9,992 | €34,856 | +€24,865 | +248.9% |
| Intangible fixed assets | 21 | €4,052 | €10,397 | +€6,345 | +156.6% |
| Tangible fixed assets | 22/27 | €5,660 | €24,179 | +€18,519 | +327.2% |
| Land and buildings | 22 | €3,751 | €5,131 | +€1,380 | +36.8% |
| Plant, machinery and equipment | 23 | €895 | €1,693 | +€799 | +89.2% |
| Furniture and vehicles | 24 | €1,014 | €17,355 | +€16,340 | +1610.9% |
| Financial fixed assets | 28 | €280 | €280 | = | 0.0% |
| Current assets | 29/58 | €1,246,132 | €1,327,279 | +€81,147 | +6.5% |
| Stocks and contracts in progress | 3 | €850 | €850 | = | 0.0% |
| Stocks | 30/36 | €850 | €850 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €750,315 | €702,451 | -€47,864 | -6.4% |
| Trade receivables | 40 | €587,847 | €581,064 | -€6,784 | -1.2% |
| Other amounts receivable | 41 | €162,468 | €121,387 | -€41,080 | -25.3% |
| Current investments | 50/53 | €110,134 | €87,530 | -€22,604 | -20.5% |
| Cash at bank and in hand | 54/58 | €346,370 | €481,432 | +€135,062 | +39.0% |
| Deferred charges and accrued income | 490/1 | €38,462 | €55,015 | +€16,553 | +43.0% |
| Total equity and liabilities | 10/49 | €1,256,123 | €1,362,135 | +€106,012 | +8.4% |
| Equity | 10/15 | €766,958 | €891,314 | +€124,356 | +16.2% |
| Contributions | 10/11 | €30,820 | €30,820 | = | 0.0% |
| Reserves | 13 | €736,137 | €860,493 | +€124,356 | +16.9% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €147,350 | €189,450 | +€42,100 | +28.6% |
| Distributable reserves | 133 | €588,787 | €671,043 | +€82,256 | +14.0% |
| Amounts payable | 17/49 | €489,166 | €470,821 | -€18,344 | -3.8% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €424,064 | €430,723 | +€6,659 | +1.6% |
| Current portion of amounts payable after more than one year | 42 | €15,490 | €0 | -€15,490 | -100.0% |
| Financial debts | 43 | - | €12,615 | +€12,615 | |
| Credit institutions | 430/8 | - | €12,615 | +€12,615 | |
| Trade debts | 44 | €327,673 | €342,308 | +€14,635 | +4.5% |
| Suppliers | 440/4 | €327,673 | €342,308 | +€14,635 | +4.5% |
| Taxes, remuneration and social security | 45 | €65,035 | €41,863 | -€23,171 | -35.6% |
| Taxes | 450/3 | €40,085 | €14,858 | -€25,227 | -62.9% |
| Remuneration and social security | 454/9 | €24,950 | €27,006 | +€2,056 | +8.2% |
| Other amounts payable | 47/48 | €15,867 | €33,936 | +€18,070 | +113.9% |
| Accrued charges and deferred income | 492/3 | €65,101 | €40,098 | -€25,003 | -38.4% |
| Remuneration, social security and pensions | 62 | €126,950 | €124,885 | -€2,065 | -1.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,569 | €5,421 | -€13,148 | -70.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €6,343 | €1,095 | -€5,248 | -82.7% |
| Other operating charges | 640/8 | €2,960 | €9,347 | +€6,388 | +215.8% |
| Non-recurring operating charges | 66A | €524 | €0 | -€524 | -100.0% |
| Gross operating margin | 9900 | €290,007 | €308,872 | +€18,865 | +6.5% |
| Operating profit (loss) | 9901 | €134,662 | €168,125 | +€33,463 | +24.8% |
| Financial income | 75/76B | €7,438 | €8,662 | +€1,223 | +16.4% |
| Recurring financial income | 75 | €7,438 | €8,662 | +€1,223 | +16.4% |
| Financial charges | 65/66B | €3,678 | €2,171 | -€1,507 | -41.0% |
| Recurring financial charges | 65 | €3,678 | €2,171 | -€1,507 | -41.0% |
| Profit (loss) for the period before taxes | 9903 | €138,423 | €174,616 | +€36,193 | +26.1% |
| Transfer to deferred taxes | 680 | €0 | - | = | |
| Income taxes | 67/77 | €37,337 | €50,260 | +€12,923 | +34.6% |
| Profit (loss) for the period | 9904 | €101,086 | €124,356 | +€23,270 | +23.0% |
| Transfer to tax-exempt reserves | 689 | €52,625 | €42,100 | -€10,525 | -20.0% |
| Profit (loss) for the period to be appropriated | 9905 | €48,461 | €82,256 | +€33,795 | +69.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 July 2024 and 31 July 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.