DECHESNELEC: 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.
DECHESNELEC
Largest movements
- Cash +€440,983
up €440,983 (+27.3%), from €1.6m to €2.1m
mainly Net result for the year (+€486,933) and Other debts (+€420,000)
- Receivables within one year -€222,687
down €222,687 (-42.5%), from €523,913 to €301,226
of which Trade receivables: -€222,687
- Stocks and contracts +€202,605
up €202,605 (+96.1%), from €210,896 to €413,501
- Tangible fixed assets -€65,871
down €65,871 (-16.3%), from €403,058 to €337,187
of which Furniture and vehicles: -€41,858
- Profit (loss) carried forward +€497,792
up €497,792 (+50.1%), from €994,022 to €1.5m
- Reserves -€430,859
down €430,859 (-37.8%), from €1.1m to €708,908
of which Distributable reserves: -€420,000
- Other debts +€420,000
new in 2025: €420,000
- Tax, wage and social debts -€100,668
no longer reported in 2025 (was €100,668)
of which Taxes: -€77,844
- Turnover -€489,099
down €489,099 (-19.0%), from €2.6m to €2.1m
- Purchases and services -€447,733
down €447,733 (-28.9%), from €1.5m to €1.1m
- Staff costs -€140,545
down €140,545 (-34.4%), from €408,424 to €267,879
- Gross operating margin -€35,223
down €35,223 (-3.4%), from €1.0m to €995,957
- Taxes +€26,227
up €26,227 (+17.6%), from €149,218 to €175,445
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 | €2,752,863 | €3,123,885 | +€371,022 | +13.5% |
| Fixed assets | 21/28 | €403,281 | €337,410 | -€65,871 | -16.3% |
| Tangible fixed assets | 22/27 | €403,058 | €337,187 | -€65,871 | -16.3% |
| Land and buildings | 22 | €292,995 | €278,516 | -€14,479 | -4.9% |
| Plant, machinery and equipment | 23 | €15,953 | €6,419 | -€9,534 | -59.8% |
| Furniture and vehicles | 24 | €94,110 | €52,252 | -€41,858 | -44.5% |
| Financial fixed assets | 28 | €223 | €223 | = | 0.0% |
| Current assets | 29/58 | €2,349,582 | €2,786,475 | +€436,893 | +18.6% |
| Stocks and contracts in progress | 3 | €210,896 | €413,501 | +€202,605 | +96.1% |
| Stocks | 30/36 | €210,896 | €413,501 | +€202,605 | +96.1% |
| Amounts receivable within one year | 40/41 | €523,913 | €301,226 | -€222,687 | -42.5% |
| Trade receivables | 40 | €505,736 | €283,049 | -€222,687 | -44.0% |
| Other amounts receivable | 41 | €18,177 | €18,177 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €1,614,773 | €2,055,756 | +€440,983 | +27.3% |
| Deferred charges and accrued income | 490/1 | - | €15,992 | +€15,992 | |
| Total equity and liabilities | 10/49 | €2,752,863 | €3,123,885 | +€371,022 | +13.5% |
| Equity | 10/15 | €2,445,762 | €2,512,695 | +€66,933 | +2.7% |
| Contributions | 10/11 | €311,973 | €311,973 | = | 0.0% |
| Capital | 10 | €311,973 | €311,973 | = | 0.0% |
| Issued capital | 100 | €311,973 | €311,973 | = | 0.0% |
| Reserves | 13 | €1,139,767 | €708,908 | -€430,859 | -37.8% |
| Non-distributable reserves | 130/1 | €31,197 | €31,197 | = | 0.0% |
| Legal reserve | 130 | €31,197 | €31,197 | = | 0.0% |
| Tax-exempt reserves | 132 | €58,570 | €47,711 | -€10,859 | -18.5% |
| Distributable reserves | 133 | €1,050,000 | €630,000 | -€420,000 | -40.0% |
| Profit (loss) carried forward | 14 | €994,022 | €1,491,814 | +€497,792 | +50.1% |
| Provisions and deferred taxes | 16 | €26,043 | €22,523 | -€3,520 | -13.5% |
| Deferred taxes | 168 | €26,043 | €22,523 | -€3,520 | -13.5% |
| Amounts payable | 17/49 | €281,058 | €588,667 | +€307,609 | +109% |
| Amounts payable within one year | 42/48 | €281,058 | €588,667 | +€307,609 | +109% |
| Trade debts | 44 | €180,390 | €168,667 | -€11,723 | -6.5% |
| Suppliers | 440/4 | €180,390 | €168,667 | -€11,723 | -6.5% |
| Taxes, remuneration and social security | 45 | €100,668 | - | -€100,668 | |
| Taxes | 450/3 | €77,844 | - | -€77,844 | |
| Remuneration and social security | 454/9 | €22,824 | - | -€22,824 | |
| Other amounts payable | 47/48 | - | €420,000 | +€420,000 | |
| Turnover | 70 | €2,571,995 | €2,082,896 | -€489,099 | -19.0% |
| Non-recurring operating income | 76A | - | €12,762 | +€12,762 | |
| Goods, raw materials, services and sundry goods | 60/61 | €1,547,434 | €1,099,701 | -€447,733 | -28.9% |
| Remuneration, social security and pensions | 62 | €408,424 | €267,879 | -€140,545 | -34.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €66,940 | €66,614 | -€326 | -0.5% |
| Other operating charges | 640/8 | €3,928 | €3,544 | -€384 | -9.8% |
| Gross operating margin | 9900 | €1,031,180 | €995,957 | -€35,223 | -3.4% |
| Operating profit (loss) | 9901 | €551,888 | €657,920 | +€106,032 | +19.2% |
| Financial income | 75/76B | €10,503 | €11,191 | +€688 | +6.6% |
| Recurring financial income | 75 | €8,434 | €11,191 | +€2,757 | +32.7% |
| Non-recurring financial income | 76B | €2,069 | - | -€2,069 | |
| Financial charges | 65/66B | €6,836 | €10,253 | +€3,417 | +50.0% |
| Recurring financial charges | 65 | €6,836 | €10,253 | +€3,417 | +50.0% |
| Profit (loss) for the period before taxes | 9903 | €555,555 | €658,858 | +€103,303 | +18.6% |
| Transfer from deferred taxes | 780 | €3,620 | €3,520 | -€100 | -2.8% |
| Income taxes | 67/77 | €149,218 | €175,445 | +€26,227 | +17.6% |
| Profit (loss) for the period | 9904 | €409,957 | €486,933 | +€76,976 | +18.8% |
| Transfer from tax-exempt reserves | 789 | €10,859 | €10,859 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €420,816 | €497,792 | +€76,976 | +18.3% |
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 16 October 2026 via checked.be.