DECHAMPS CHAUFFAGE: 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.
DECHAMPS CHAUFFAGE
Largest movements
- Receivables within one year -€121,867
down €121,867 (-37.6%), from €324,191 to €202,323
of which Trade receivables: -€145,813
- Cash +€62,451
up €62,451 (+15.1%), from €414,407 to €476,858
mainly Receivables within one year (+€121,867) and Other debts (+€108,559)
- Tangible fixed assets -€50,662
down €50,662 (-9.6%), from €526,501 to €475,839
of which Furniture and vehicles: -€34,197
- Stocks and contracts -€34,243
down €34,243 (-9.8%), from €348,366 to €314,123
- Debts after one year -€141,550
no longer reported in 2025 (was €141,550)
- Other debts +€108,559
up €108,559 (+5,510%), from €1,970 to €110,529
- Trade debts -€41,748
down €41,748 (-58.5%), from €71,351 to €29,603
- Reserves -€35,060
down €35,060 (-2.8%), from €1.3m to €1.2m
of which Distributable reserves: -€35,060
- Gross operating margin -€110,980
down €110,980 (-21.5%), from €515,996 to €405,016
- Taxes -€30,481
down €30,481 (-49.5%), from €61,597 to €31,116
- Staff costs -€14,640
down €14,640 (-7.1%), from €207,483 to €192,843
- Financial charges -€10,698
down €10,698 (-61.9%), from €17,284 to €6,586
- Depreciation +€7,687
up €7,687 (+11.0%), from €70,119 to €77,805
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.
Derived cash bridge
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 | €1,704,812 | €1,576,488 | -€128,324 | -7.5% |
| Fixed assets | 21/28 | €526,501 | €475,839 | -€50,662 | -9.6% |
| Tangible fixed assets | 22/27 | €526,501 | €475,839 | -€50,662 | -9.6% |
| Land and buildings | 22 | €387,498 | €367,597 | -€19,901 | -5.1% |
| Plant, machinery and equipment | 23 | €12,350 | €15,786 | +€3,436 | +27.8% |
| Furniture and vehicles | 24 | €126,653 | €92,456 | -€34,197 | -27.0% |
| Current assets | 29/58 | €1,178,311 | €1,100,649 | -€77,662 | -6.6% |
| Stocks and contracts in progress | 3 | €348,366 | €314,123 | -€34,243 | -9.8% |
| Stocks | 30/36 | €348,366 | €314,123 | -€34,243 | -9.8% |
| Amounts receivable within one year | 40/41 | €324,191 | €202,323 | -€121,867 | -37.6% |
| Trade receivables | 40 | €290,005 | €144,192 | -€145,813 | -50.3% |
| Other amounts receivable | 41 | €34,186 | €58,132 | +€23,945 | +70.0% |
| Current investments | 50/53 | €85,182 | €85,955 | +€773 | +0.9% |
| Cash at bank and in hand | 54/58 | €414,407 | €476,858 | +€62,451 | +15.1% |
| Deferred charges and accrued income | 490/1 | €6,165 | €21,390 | +€15,224 | +247% |
| Total equity and liabilities | 10/49 | €1,704,812 | €1,576,488 | -€128,324 | -7.5% |
| Equity | 10/15 | €1,319,330 | €1,284,270 | -€35,060 | -2.7% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €1,257,100 | €1,222,040 | -€35,060 | -2.8% |
| Non-distributable reserves | 130/1 | €22,700 | €22,700 | = | 0.0% |
| Legal reserve | 130 | €22,700 | €22,700 | = | 0.0% |
| Distributable reserves | 133 | €1,234,400 | €1,199,340 | -€35,060 | -2.8% |
| Profit (loss) carried forward | 14 | €230 | €230 | +€0 | +0.1% |
| Provisions and deferred taxes | 16 | €128 | - | -€128 | |
| Deferred taxes | 168 | €128 | - | -€128 | |
| Amounts payable | 17/49 | €385,354 | €292,218 | -€93,136 | -24.2% |
| Amounts payable after more than one year | 17 | €141,550 | - | -€141,550 | |
| Financial debts | 170/4 | €141,550 | - | -€141,550 | |
| Amounts payable within one year | 42/48 | €227,193 | €292,143 | +€64,950 | +28.6% |
| Current portion of amounts payable after more than one year | 42 | €33,333 | €25,000 | -€8,333 | -25.0% |
| Financial debts | 43 | €3,457 | €1,940 | -€1,517 | -43.9% |
| Other loans | 439 | €3,457 | €1,940 | -€1,517 | -43.9% |
| Trade debts | 44 | €71,351 | €29,603 | -€41,748 | -58.5% |
| Suppliers | 440/4 | €71,351 | €29,603 | -€41,748 | -58.5% |
| Advances received on contracts in progress | 46 | €55,000 | €52,717 | -€2,283 | -4.2% |
| Taxes, remuneration and social security | 45 | €62,081 | €72,354 | +€10,273 | +16.5% |
| Taxes | 450/3 | €31,674 | €41,495 | +€9,820 | +31.0% |
| Remuneration and social security | 454/9 | €30,407 | €30,860 | +€453 | +1.5% |
| Other amounts payable | 47/48 | €1,970 | €110,529 | +€108,559 | +5,510% |
| Accrued charges and deferred income | 492/3 | €16,611 | €75 | -€16,536 | -99.5% |
| Remuneration, social security and pensions | 62 | €207,483 | €192,843 | -€14,640 | -7.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €70,119 | €77,805 | +€7,687 | +11.0% |
| Other operating charges | 640/8 | €23,565 | €22,592 | -€973 | -4.1% |
| Gross operating margin | 9900 | €515,996 | €405,016 | -€110,980 | -21.5% |
| Operating profit (loss) | 9901 | €214,829 | €111,776 | -€103,053 | -48.0% |
| Financial income | 75/76B | €4,551 | €4,739 | +€188 | +4.1% |
| Recurring financial income | 75 | €4,551 | €4,739 | +€188 | +4.1% |
| Financial charges | 65/66B | €17,284 | €6,586 | -€10,698 | -61.9% |
| Recurring financial charges | 65 | €17,284 | €6,586 | -€10,698 | -61.9% |
| Profit (loss) for the period before taxes | 9903 | €202,095 | €109,928 | -€92,167 | -45.6% |
| Transfer from deferred taxes | 780 | €51 | €128 | +€77 | +149% |
| Income taxes | 67/77 | €61,597 | €31,116 | -€30,481 | -49.5% |
| Profit (loss) for the period | 9904 | €140,549 | €78,940 | -€61,609 | -43.8% |
| Transfer from tax-exempt reserves | 789 | €80 | - | -€80 | |
| Profit (loss) for the period to be appropriated | 9905 | €140,629 | €78,940 | -€61,689 | -43.9% |
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 24 October 2026 via checked.be.