DECISION ENGINEERING: 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.
DECISION ENGINEERING
Largest movements
- Receivables after one year +€620,150
new in 2025: €620,150
- Cash -€366,237
down €366,237 (-74.4%), from €492,057 to €125,820
mainly Receivables after one year (-€620,150) and Receivables within one year (-€123,526)
- Receivables within one year +€123,526
up €123,526 (+67.0%), from €184,408 to €307,934
of which Trade receivables: +€118,857
- Current investments -€100,000
no longer reported in 2025 (was €100,000)
- Financial fixed assets -€47,571
down €47,571 (-50.2%), from €94,701 to €47,130
- Trade debts +€256,954
up €256,954 (+1657.4%), from €15,503 to €272,457
- Accrued charges and deferred income -€69,994
down €69,994 (-37.3%), from €187,609 to €117,615
- Profit (loss) carried forward +€48,501
up €48,501 (+58.7%), from €82,671 to €131,172
- Gross operating margin -€236,556
down €236,556 (-37.9%), from €623,684 to €387,128
- Staff costs -€161,407
down €161,407 (-32.3%), from €499,881 to €338,474
- Taxes -€23,445
down €23,445 (-55.2%), from €42,449 to €19,004
- Financial income +€18,671
up €18,671 (+1057.8%), from €1,765 to €20,436
From the 30-04-2025 result to the 31-12-2025 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 30-04-2025 and 31-12-2025 balance sheets and the 31-12-2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 30-04-2025 | 31-12-2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €894,739 | €1,129,009 | +€234,270 | +26.2% |
| Fixed assets | 21/28 | €94,701 | €47,130 | -€47,571 | -50.2% |
| Tangible fixed assets | 22/27 | €0 | - | -€0 | |
| Plant, machinery and equipment | 23 | €0 | - | -€0 | |
| Furniture and vehicles | 24 | €0 | - | -€0 | |
| Financial fixed assets | 28 | €94,701 | €47,130 | -€47,571 | -50.2% |
| Current assets | 29/58 | €800,038 | €1,081,879 | +€281,841 | +35.2% |
| Amounts receivable after more than one year | 29 | - | €620,150 | +€620,150 | |
| Other amounts receivable | 291 | - | €620,150 | +€620,150 | |
| Stocks and contracts in progress | 3 | €23,107 | €27,975 | +€4,868 | +21.1% |
| Stocks | 30/36 | €23,107 | €27,975 | +€4,868 | +21.1% |
| Amounts receivable within one year | 40/41 | €184,408 | €307,934 | +€123,526 | +67.0% |
| Trade receivables | 40 | €176,534 | €295,391 | +€118,857 | +67.3% |
| Other amounts receivable | 41 | €7,874 | €12,543 | +€4,669 | +59.3% |
| Current investments | 50/53 | €100,000 | - | -€100,000 | |
| Cash at bank and in hand | 54/58 | €492,057 | €125,820 | -€366,237 | -74.4% |
| Deferred charges and accrued income | 490/1 | €467 | - | -€467 | |
| Total equity and liabilities | 10/49 | €894,739 | €1,129,009 | +€234,270 | +26.2% |
| Equity | 10/15 | €553,761 | €602,262 | +€48,501 | +8.8% |
| 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 | €409,090 | €409,090 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €402,890 | €402,890 | = | 0.0% |
| Profit (loss) carried forward | 14 | €82,671 | €131,172 | +€48,501 | +58.7% |
| Amounts payable | 17/49 | €340,978 | €526,747 | +€185,769 | +54.5% |
| Amounts payable within one year | 42/48 | €153,368 | €409,132 | +€255,764 | +166.8% |
| Trade debts | 44 | €15,503 | €272,457 | +€256,954 | +1657.4% |
| Suppliers | 440/4 | €15,503 | €272,457 | +€256,954 | +1657.4% |
| Taxes, remuneration and social security | 45 | €137,480 | €136,258 | -€1,222 | -0.9% |
| Taxes | 450/3 | €37,449 | €62,220 | +€24,771 | +66.1% |
| Remuneration and social security | 454/9 | €100,031 | €74,038 | -€25,993 | -26.0% |
| Other amounts payable | 47/48 | €385 | €417 | +€32 | +8.4% |
| Accrued charges and deferred income | 492/3 | €187,609 | €117,615 | -€69,994 | -37.3% |
| Remuneration, social security and pensions | 62 | €499,881 | €338,474 | -€161,407 | -32.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | - | = | |
| Other operating charges | 640/8 | €521 | €1,138 | +€617 | +118.3% |
| Gross operating margin | 9900 | €623,684 | €387,128 | -€236,556 | -37.9% |
| Operating profit (loss) | 9901 | €123,282 | €47,516 | -€75,766 | -61.5% |
| Financial income | 75/76B | €1,765 | €20,436 | +€18,671 | +1057.8% |
| Recurring financial income | 75 | €1,765 | €20,436 | +€18,671 | +1057.8% |
| Financial charges | 65/66B | €652 | €448 | -€204 | -31.3% |
| Recurring financial charges | 65 | €652 | €448 | -€204 | -31.3% |
| Profit (loss) for the period before taxes | 9903 | €124,395 | €67,504 | -€56,891 | -45.7% |
| Income taxes | 67/77 | €42,449 | €19,004 | -€23,445 | -55.2% |
| Profit (loss) for the period | 9904 | €81,946 | €48,500 | -€33,446 | -40.8% |
| Profit (loss) for the period to be appropriated | 9905 | €81,946 | €48,500 | -€33,446 | -40.8% |
Source: filed annual accounts (NBB), fiscal years ended 30 April 2025 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.