DECEGA: 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.
DECEGA
Largest movements
- Cash +€57,528
up €57,528 (+1308.6%), from €4,396 to €61,924
mainly Net result for the year (+€139,039) and Other debts (+€118,654)
- Receivables within one year +€29,185
up €29,185 (+410.2%), from €7,115 to €36,300
of which Trade receivables: +€29,300
- Financial fixed assets +€25,000
new in 2025: €25,000
- Tangible fixed assets -€10,582
down €10,582 (-2.3%), from €467,755 to €457,173
- Other debts +€118,654
up €118,654 (+3356.3%), from €3,535 to €122,189
- Tax, wage and social debts -€25,236
down €25,236 (-67.1%), from €37,585 to €12,349
- Reserves +€17,087
up €17,087 (+9.6%), from €178,766 to €195,854
- Debts after one year -€14,674
down €14,674 (-6.1%), from €242,435 to €227,761
- Short-term financial debts +€6,731
new in 2025: €6,731
- Gross operating margin +€109,315
up €109,315 (+113.6%), from €96,239 to €205,553
- Taxes +€10,858
up €10,858 (+36.4%), from €29,845 to €40,703
- Depreciation +€5,976
up €5,976 (+105.6%), from €5,659 to €11,635
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 | €480,974 | €582,263 | +€101,289 | +21.1% |
| Formation expenses | 20 | €573 | €387 | -€186 | -32.4% |
| Fixed assets | 21/28 | €467,755 | €482,173 | +€14,418 | +3.1% |
| Tangible fixed assets | 22/27 | €467,755 | €457,173 | -€10,582 | -2.3% |
| Land and buildings | 22 | €467,755 | €457,173 | -€10,582 | -2.3% |
| Financial fixed assets | 28 | - | €25,000 | +€25,000 | |
| Current assets | 29/58 | €12,647 | €99,703 | +€87,057 | +688.4% |
| Amounts receivable within one year | 40/41 | €7,115 | €36,300 | +€29,185 | +410.2% |
| Trade receivables | 40 | €7,000 | €36,300 | +€29,300 | +418.6% |
| Other amounts receivable | 41 | €115 | - | -€115 | |
| Cash at bank and in hand | 54/58 | €4,396 | €61,924 | +€57,528 | +1308.6% |
| Deferred charges and accrued income | 490/1 | €1,135 | €1,480 | +€344 | +30.3% |
| Total equity and liabilities | 10/49 | €480,974 | €582,263 | +€101,289 | +21.1% |
| Equity | 10/15 | €180,766 | €197,854 | +€17,087 | +9.5% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €178,766 | €195,854 | +€17,087 | +9.6% |
| Distributable reserves | 133 | €178,766 | €195,854 | +€17,087 | +9.6% |
| Amounts payable | 17/49 | €300,207 | €384,409 | +€84,202 | +28.0% |
| Amounts payable after more than one year | 17 | €242,435 | €227,761 | -€14,674 | -6.1% |
| Financial debts | 170/4 | €242,435 | €227,761 | -€14,674 | -6.1% |
| Amounts payable within one year | 42/48 | €57,772 | €156,259 | +€98,487 | +170.5% |
| Current portion of amounts payable after more than one year | 42 | €14,036 | €14,674 | +€638 | +4.5% |
| Financial debts | 43 | - | €6,731 | +€6,731 | |
| Credit institutions | 430/8 | - | €6,731 | +€6,731 | |
| Trade debts | 44 | €2,615 | €316 | -€2,300 | -87.9% |
| Suppliers | 440/4 | €2,615 | €316 | -€2,300 | -87.9% |
| Taxes, remuneration and social security | 45 | €37,585 | €12,349 | -€25,236 | -67.1% |
| Taxes | 450/3 | €37,585 | €12,349 | -€25,236 | -67.1% |
| Other amounts payable | 47/48 | €3,535 | €122,189 | +€118,654 | +3356.3% |
| Accrued charges and deferred income | 492/3 | - | €389 | +€389 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,659 | €11,635 | +€5,976 | +105.6% |
| Other operating charges | 640/8 | €592 | €2,518 | +€1,926 | +325.6% |
| Gross operating margin | 9900 | €96,239 | €205,553 | +€109,315 | +113.6% |
| Operating profit (loss) | 9901 | €89,988 | €191,401 | +€101,412 | +112.7% |
| Financial income | 75/76B | €313 | €395 | +€82 | +26.1% |
| Recurring financial income | 75 | €313 | €395 | +€82 | +26.1% |
| Financial charges | 65/66B | €12,818 | €12,053 | -€765 | -6.0% |
| Recurring financial charges | 65 | €12,818 | €12,053 | -€765 | -6.0% |
| Profit (loss) for the period before taxes | 9903 | €77,483 | €179,742 | +€102,259 | +132.0% |
| Income taxes | 67/77 | €29,845 | €40,703 | +€10,858 | +36.4% |
| Profit (loss) for the period | 9904 | €47,638 | €139,039 | +€91,401 | +191.9% |
| Profit (loss) for the period to be appropriated | 9905 | €47,638 | €139,039 | +€91,401 | +191.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.