DECELLE BENOIT: 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.
DECELLE BENOIT
Largest movements
- Tangible fixed assets -€29,224
down €29,224 (-3.0%), from €968,284 to €939,059
- Receivables within one year +€25,645
up €25,645 (+1070.3%), from €2,396 to €28,040
of which Trade receivables: +€26,115
- Cash -€18,615
down €18,615 (-45.3%), from €41,131 to €22,516
mainly Debts after one year (-€35,862) and Investment in fixed assets (net) (-€28,691)
- Debts after one year -€35,862
down €35,862 (-6.5%), from €552,788 to €516,926
- Profit (loss) carried forward +€16,016
up €16,016 (+7.0%), from -€229,011 to -€212,995
- Other debts -€13,055
down €13,055 (-2.1%), from €622,715 to €609,659
- Gross operating margin +€12,704
up €12,704 (+16.6%), from €76,727 to €89,431
- Financial charges -€6,282
down €6,282 (-31.1%), from €20,222 to €13,940
- Depreciation +€1,872
up €1,872 (+3.3%), from €56,043 to €57,915
- Other operating charges -€974
down €974 (-36.7%), from €2,652 to €1,679
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 | €1,026,041 | €997,279 | -€28,763 | -2.8% |
| Fixed assets | 21/28 | €968,884 | €939,659 | -€29,224 | -3.0% |
| Tangible fixed assets | 22/27 | €968,284 | €939,059 | -€29,224 | -3.0% |
| Land and buildings | 22 | €332,812 | €320,487 | -€12,325 | -3.7% |
| Plant, machinery and equipment | 23 | €616,676 | €603,684 | -€12,991 | -2.1% |
| Furniture and vehicles | 24 | €18,796 | €14,888 | -€3,908 | -20.8% |
| Financial fixed assets | 28 | €600 | €600 | = | 0.0% |
| Current assets | 29/58 | €57,158 | €57,619 | +€462 | +0.8% |
| Stocks and contracts in progress | 3 | €11,569 | €4,951 | -€6,618 | -57.2% |
| Stocks | 30/36 | €11,569 | €4,951 | -€6,618 | -57.2% |
| Amounts receivable within one year | 40/41 | €2,396 | €28,040 | +€25,645 | +1070.3% |
| Trade receivables | 40 | - | €26,115 | +€26,115 | |
| Other amounts receivable | 41 | €2,396 | €1,926 | -€470 | -19.6% |
| Cash at bank and in hand | 54/58 | €41,131 | €22,516 | -€18,615 | -45.3% |
| Deferred charges and accrued income | 490/1 | €2,062 | €2,112 | +€50 | +2.4% |
| Total equity and liabilities | 10/49 | €1,026,041 | €997,279 | -€28,763 | -2.8% |
| Equity | 10/15 | -€210,419 | -€194,403 | +€16,016 | +7.6% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Capital | 10 | €18,592 | €18,592 | = | 0.0% |
| Issued capital | 100 | €18,592 | €18,592 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€229,011 | -€212,995 | +€16,016 | +7.0% |
| Amounts payable | 17/49 | €1,236,460 | €1,191,681 | -€44,779 | -3.6% |
| Amounts payable after more than one year | 17 | €552,788 | €516,926 | -€35,862 | -6.5% |
| Financial debts | 170/4 | €552,788 | €516,926 | -€35,862 | -6.5% |
| Amounts payable within one year | 42/48 | €683,672 | €674,756 | -€8,917 | -1.3% |
| Current portion of amounts payable after more than one year | 42 | €34,913 | €35,862 | +€950 | +2.7% |
| Trade debts | 44 | €23,662 | €25,244 | +€1,582 | +6.7% |
| Suppliers | 440/4 | €23,662 | €25,244 | +€1,582 | +6.7% |
| Taxes, remuneration and social security | 45 | €2,383 | €3,990 | +€1,607 | +67.4% |
| Taxes | 450/3 | €2,383 | €3,990 | +€1,607 | +67.4% |
| Other amounts payable | 47/48 | €622,715 | €609,659 | -€13,055 | -2.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €56,043 | €57,915 | +€1,872 | +3.3% |
| Other operating charges | 640/8 | €2,652 | €1,679 | -€974 | -36.7% |
| Gross operating margin | 9900 | €76,727 | €89,431 | +€12,704 | +16.6% |
| Operating profit (loss) | 9901 | €18,032 | €29,837 | +€11,805 | +65.5% |
| Financial income | 75/76B | €1 | €382 | +€381 | +27391.4% |
| Recurring financial income | 75 | €1 | €382 | +€381 | +27391.4% |
| Financial charges | 65/66B | €20,222 | €13,940 | -€6,282 | -31.1% |
| Recurring financial charges | 65 | €20,222 | €13,940 | -€6,282 | -31.1% |
| Profit (loss) for the period before taxes | 9903 | -€2,188 | €16,279 | +€18,468 | |
| Income taxes | 67/77 | €562 | €263 | -€299 | -53.2% |
| Profit (loss) for the period | 9904 | -€2,751 | €16,016 | +€18,767 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,751 | €16,016 | +€18,767 |
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 1 October 2026 via checked.be.