DECAVO: 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.
DECAVO
Largest movements
- Cash -€19,727
down €19,727 (-89.7%), from €21,990 to €2,263
mainly Debts after one year (-€85,729) and Investment in fixed assets (net) (-€9,295)
- Tangible fixed assets -€19,055
down €19,055 (-14.1%), from €135,163 to €116,108
of which Furniture and vehicles: -€23,359
- Receivables within one year +€9,036
up €9,036 (+19.8%), from €45,567 to €54,602
of which Trade receivables: +€8,885
- Deferred charges and accrued income -€4,916
down €4,916 (-46.8%), from €10,499 to €5,583
- Debts after one year -€85,729
down €85,729 (-44.9%), from €190,959 to €105,230
of which Other amounts payable: -€61,468
- Reserves +€47,000
up €47,000 (+30.1%), from €156,000 to €203,000
- Staff costs +€20,530
up €20,530 (+150.8%), from €13,612 to €34,143
- Gross operating margin +€11,541
up €11,541 (+9.1%), from €126,780 to €138,321
- Depreciation +€10,873
up €10,873 (+62.2%), from €17,477 to €28,350
- Taxes -€3,732
down €3,732 (-16.5%), from €22,618 to €18,886
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 | €488,220 | €453,557 | -€34,662 | -7.1% |
| Fixed assets | 21/28 | €410,163 | €391,108 | -€19,055 | -4.6% |
| Tangible fixed assets | 22/27 | €135,163 | €116,108 | -€19,055 | -14.1% |
| Furniture and vehicles | 24 | €101,495 | €78,136 | -€23,359 | -23.0% |
| Other tangible fixed assets | 26 | €33,668 | €37,972 | +€4,304 | +12.8% |
| Financial fixed assets | 28 | €275,000 | €275,000 | = | 0.0% |
| Current assets | 29/58 | €78,056 | €62,449 | -€15,608 | -20.0% |
| Amounts receivable within one year | 40/41 | €45,567 | €54,602 | +€9,036 | +19.8% |
| Trade receivables | 40 | €33,919 | €42,804 | +€8,885 | +26.2% |
| Other amounts receivable | 41 | €11,648 | €11,798 | +€151 | +1.3% |
| Cash at bank and in hand | 54/58 | €21,990 | €2,263 | -€19,727 | -89.7% |
| Deferred charges and accrued income | 490/1 | €10,499 | €5,583 | -€4,916 | -46.8% |
| Total equity and liabilities | 10/49 | €488,220 | €453,557 | -€34,662 | -7.1% |
| Equity | 10/15 | €164,711 | €209,236 | +€44,525 | +27.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €156,000 | €203,000 | +€47,000 | +30.1% |
| Distributable reserves | 133 | €156,000 | €203,000 | +€47,000 | +30.1% |
| Profit (loss) carried forward | 14 | €3,711 | €1,236 | -€2,475 | -66.7% |
| Amounts payable | 17/49 | €323,509 | €244,321 | -€79,188 | -24.5% |
| Amounts payable after more than one year | 17 | €190,959 | €105,230 | -€85,729 | -44.9% |
| Financial debts | 170/4 | €58,977 | €34,716 | -€24,261 | -41.1% |
| Other amounts payable | 178/9 | €131,982 | €70,514 | -€61,468 | -46.6% |
| Amounts payable within one year | 42/48 | €131,970 | €139,091 | +€7,121 | +5.4% |
| Current portion of amounts payable after more than one year | 42 | €81,493 | €81,892 | +€400 | +0.5% |
| Trade debts | 44 | €1,412 | €417 | -€995 | -70.5% |
| Suppliers | 440/4 | €1,412 | €417 | -€995 | -70.5% |
| Taxes, remuneration and social security | 45 | €30,563 | €33,791 | +€3,228 | +10.6% |
| Taxes | 450/3 | €22,656 | €19,899 | -€2,757 | -12.2% |
| Remuneration and social security | 454/9 | €7,908 | €13,892 | +€5,985 | +75.7% |
| Other amounts payable | 47/48 | €18,502 | €22,990 | +€4,488 | +24.3% |
| Accrued charges and deferred income | 492/3 | €580 | - | -€580 | |
| Remuneration, social security and pensions | 62 | €13,612 | €34,143 | +€20,530 | +150.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,477 | €28,350 | +€10,873 | +62.2% |
| Other operating charges | 640/8 | €2,784 | €3,325 | +€540 | +19.4% |
| Gross operating margin | 9900 | €126,780 | €138,321 | +€11,541 | +9.1% |
| Operating profit (loss) | 9901 | €92,906 | €72,504 | -€20,402 | -22.0% |
| Financial income | 75/76B | €20 | €1 | -€19 | -97.5% |
| Recurring financial income | 75 | €20 | €1 | -€19 | -97.5% |
| Financial charges | 65/66B | €6,946 | €7,375 | +€429 | +6.2% |
| Recurring financial charges | 65 | €6,946 | €7,375 | +€429 | +6.2% |
| Profit (loss) for the period before taxes | 9903 | €85,980 | €65,129 | -€20,851 | -24.3% |
| Income taxes | 67/77 | €22,618 | €18,886 | -€3,732 | -16.5% |
| Profit (loss) for the period | 9904 | €63,362 | €46,243 | -€17,118 | -27.0% |
| Profit (loss) for the period to be appropriated | 9905 | €63,362 | €46,243 | -€17,118 | -27.0% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.