DECIMO: 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.
DECIMO
Largest movements
- Cash -€85,069
down €85,069 (-19.8%), from €429,332 to €344,263
mainly Debts after one year (-€111,703) and Tax, wage and social debts (-€19,559)
- Tangible fixed assets -€64,016
down €64,016 (-4.7%), from €1.4m to €1.3m
- Debts after one year -€111,703
down €111,703 (-45.2%), from €246,938 to €135,235
- Tax, wage and social debts -€19,559
down €19,559 (-88.5%), from €22,089 to €2,530
- Gross operating margin -€73,209
down €73,209 (-44.3%), from €165,404 to €92,195
- Taxes -€19,559
down €19,559 (-88.5%), from €22,089 to €2,530
- Financial charges -€1,781
down €1,781 (-26.2%), from €6,811 to €5,029
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,794,625 | €1,646,317 | -€148,308 | -8.3% |
| Fixed assets | 21/28 | €1,364,766 | €1,300,750 | -€64,016 | -4.7% |
| Tangible fixed assets | 22/27 | €1,364,766 | €1,300,750 | -€64,016 | -4.7% |
| Land and buildings | 22 | €1,364,766 | €1,300,750 | -€64,016 | -4.7% |
| Current assets | 29/58 | €429,859 | €345,567 | -€84,292 | -19.6% |
| Cash at bank and in hand | 54/58 | €429,332 | €344,263 | -€85,069 | -19.8% |
| Deferred charges and accrued income | 490/1 | €527 | €1,304 | +€777 | +147.4% |
| Total equity and liabilities | 10/49 | €1,794,625 | €1,646,317 | -€148,308 | -8.3% |
| Equity | 10/15 | €530,419 | €529,745 | -€674 | -0.1% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Capital | 10 | €61,973 | €61,973 | = | 0.0% |
| Issued capital | 100 | €61,973 | €61,973 | = | 0.0% |
| Reserves | 13 | €468,446 | €467,771 | -€674 | -0.1% |
| Non-distributable reserves | 130/1 | €6,197 | €6,197 | = | 0.0% |
| Legal reserve | 130 | €6,197 | €6,197 | = | 0.0% |
| Tax-exempt reserves | 132 | €167,621 | €159,995 | -€7,625 | -4.5% |
| Distributable reserves | 133 | €294,628 | €301,579 | +€6,951 | +2.4% |
| Provisions and deferred taxes | 16 | €56,518 | €53,976 | -€2,542 | -4.5% |
| Deferred taxes | 168 | €56,518 | €53,976 | -€2,542 | -4.5% |
| Amounts payable | 17/49 | €1,207,687 | €1,062,596 | -€145,091 | -12.0% |
| Amounts payable after more than one year | 17 | €246,938 | €135,235 | -€111,703 | -45.2% |
| Financial debts | 170/4 | €246,938 | €135,235 | -€111,703 | -45.2% |
| Amounts payable within one year | 42/48 | €960,749 | €927,361 | -€33,388 | -3.5% |
| Current portion of amounts payable after more than one year | 42 | €111,703 | €111,703 | +€0 | 0.0% |
| Trade debts | 44 | €3,214 | €3,746 | +€532 | +16.6% |
| Suppliers | 440/4 | €3,214 | €3,746 | +€532 | +16.6% |
| Taxes, remuneration and social security | 45 | €22,089 | €2,530 | -€19,559 | -88.5% |
| Taxes | 450/3 | €22,089 | €2,530 | -€19,559 | -88.5% |
| Other amounts payable | 47/48 | €823,744 | €809,382 | -€14,362 | -1.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €64,021 | €64,016 | -€5 | 0.0% |
| Other operating charges | 640/8 | €23,722 | €23,836 | +€114 | +0.5% |
| Gross operating margin | 9900 | €165,404 | €92,195 | -€73,209 | -44.3% |
| Operating profit (loss) | 9901 | €77,662 | €4,343 | -€73,319 | -94.4% |
| Financial income | 75/76B | €41 | - | -€41 | |
| Recurring financial income | 75 | €41 | - | -€41 | |
| Financial charges | 65/66B | €6,811 | €5,029 | -€1,781 | -26.2% |
| Recurring financial charges | 65 | €6,811 | €5,029 | -€1,781 | -26.2% |
| Profit (loss) for the period before taxes | 9903 | €70,893 | -€686 | -€71,579 | |
| Transfer from deferred taxes | 780 | €2,542 | €2,542 | = | 0.0% |
| Income taxes | 67/77 | €22,089 | €2,530 | -€19,559 | -88.5% |
| Profit (loss) for the period | 9904 | €51,346 | -€674 | -€52,020 | |
| Transfer from tax-exempt reserves | 789 | €7,625 | €7,625 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €58,971 | €6,951 | -€52,020 | -88.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.