DECIBEL: 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.
DECIBEL
Largest movements
- Cash +€47,971
up €47,971 (+22.9%), from €209,793 to €257,765
mainly Net result for the year (+€33,363) and Depreciation (+€30,298)
- Tangible fixed assets -€22,559
down €22,559 (-4.8%), from €468,369 to €445,810
of which Furniture and vehicles: -€14,888
- Receivables within one year +€16,452
up €16,452 (+54.1%), from €30,424 to €46,876
of which Other amounts receivable: +€25,325
- Reserves +€33,363
up €33,363 (+8.0%), from €418,756 to €452,119
- Trade debts +€26,051
up €26,051 (+272.1%), from €9,575 to €35,626
- Tax, wage and social debts +€17,620
up €17,620 (+56.3%), from €31,319 to €48,939
- Debts after one year -€15,885
down €15,885 (-9.6%), from €166,232 to €150,346
of which Financial debts: -€15,885
- Other debts -€15,486
down €15,486 (-31.9%), from €48,605 to €33,119
- Gross operating margin -€43,438
down €43,438 (-31.4%), from €138,187 to €94,749
- Taxes -€20,125
down €20,125 (-54.8%), from €36,696 to €16,571
- Financial income -€9,996
down €9,996 (-98.3%), from €10,167 to €171
of which Non-recurring financial income: -€10,126
- Depreciation +€9,462
up €9,462 (+45.4%), from €20,836 to €30,298
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 | €711,055 | €754,637 | +€43,582 | +6.1% |
| Fixed assets | 21/28 | €468,418 | €445,859 | -€22,559 | -4.8% |
| Tangible fixed assets | 22/27 | €468,369 | €445,810 | -€22,559 | -4.8% |
| Land and buildings | 22 | €395,383 | €385,778 | -€9,606 | -2.4% |
| Plant, machinery and equipment | 23 | €4,625 | €6,559 | +€1,934 | +41.8% |
| Furniture and vehicles | 24 | €68,361 | €53,473 | -€14,888 | -21.8% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €242,637 | €308,778 | +€66,142 | +27.3% |
| Stocks and contracts in progress | 3 | €1,345 | €1,345 | = | 0.0% |
| Stocks | 30/36 | €1,345 | €1,345 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €30,424 | €46,876 | +€16,452 | +54.1% |
| Trade receivables | 40 | €10,583 | €1,710 | -€8,873 | -83.8% |
| Other amounts receivable | 41 | €19,841 | €45,166 | +€25,325 | +127.6% |
| Cash at bank and in hand | 54/58 | €209,793 | €257,765 | +€47,971 | +22.9% |
| Deferred charges and accrued income | 490/1 | €1,074 | €2,792 | +€1,718 | +160.0% |
| Total equity and liabilities | 10/49 | €711,055 | €754,637 | +€43,582 | +6.1% |
| Equity | 10/15 | €437,356 | €470,719 | +€33,363 | +7.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €418,756 | €452,119 | +€33,363 | +8.0% |
| Distributable reserves | 133 | €418,756 | €452,119 | +€33,363 | +8.0% |
| Amounts payable | 17/49 | €273,699 | €283,919 | +€10,219 | +3.7% |
| Amounts payable after more than one year | 17 | €166,232 | €150,346 | -€15,885 | -9.6% |
| Financial debts | 170/4 | €66,232 | €50,346 | -€15,885 | -24.0% |
| Other amounts payable | 178/9 | €100,000 | €100,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €104,796 | €133,570 | +€28,774 | +27.5% |
| Current portion of amounts payable after more than one year | 42 | €15,296 | €15,885 | +€589 | +3.9% |
| Trade debts | 44 | €9,575 | €35,626 | +€26,051 | +272.1% |
| Suppliers | 440/4 | €9,575 | €35,626 | +€26,051 | +272.1% |
| Taxes, remuneration and social security | 45 | €31,319 | €48,939 | +€17,620 | +56.3% |
| Taxes | 450/3 | €31,319 | €48,939 | +€17,620 | +56.3% |
| Other amounts payable | 47/48 | €48,605 | €33,119 | -€15,486 | -31.9% |
| Accrued charges and deferred income | 492/3 | €2,672 | €2 | -€2,670 | -99.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,836 | €30,298 | +€9,462 | +45.4% |
| Other operating charges | 640/8 | €3,162 | €3,090 | -€72 | -2.3% |
| Gross operating margin | 9900 | €138,187 | €94,749 | -€43,438 | -31.4% |
| Operating profit (loss) | 9901 | €114,189 | €61,361 | -€52,828 | -46.3% |
| Financial income | 75/76B | €10,167 | €171 | -€9,996 | -98.3% |
| Recurring financial income | 75 | €41 | €171 | +€130 | +313.6% |
| Non-recurring financial income | 76B | €10,126 | - | -€10,126 | |
| Financial charges | 65/66B | €12,969 | €11,598 | -€1,371 | -10.6% |
| Recurring financial charges | 65 | €12,969 | €11,598 | -€1,371 | -10.6% |
| Profit (loss) for the period before taxes | 9903 | €111,387 | €49,934 | -€61,453 | -55.2% |
| Income taxes | 67/77 | €36,696 | €16,571 | -€20,125 | -54.8% |
| Profit (loss) for the period | 9904 | €74,692 | €33,363 | -€41,328 | -55.3% |
| Profit (loss) for the period to be appropriated | 9905 | €74,692 | €33,363 | -€41,328 | -55.3% |
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 3 October 2026 via checked.be.