DECKERS: 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.
DECKERS
Largest movements
- Current investments +€400,000
new in 2025: €400,000
- Cash -€239,434
down €239,434 (-48.0%), from €498,804 to €259,370
mainly Current investments (-€400,000) and Contributions, distributions and other (-€350,000)
- Receivables within one year -€176,973
down €176,973 (-20.6%), from €859,050 to €682,076
of which Trade receivables: -€178,311
- Stocks and contracts +€92,110
up €92,110 (+10.8%), from €849,825 to €941,935
- Tangible fixed assets -€34,455
down €34,455 (-7.3%), from €472,834 to €438,379
of which Plant, machinery and equipment: -€80,227
- Trade debts -€96,809
down €96,809 (-33.2%), from €292,026 to €195,217
- Reserves +€50,000
up €50,000 (+3.0%), from €1.7m to €1.7m
of which Distributable reserves: +€50,000
- Advances received +€40,836
up €40,836 (+204.2%), from €20,000 to €60,836
- Tax, wage and social debts +€30,896
up €30,896 (+13.3%), from €231,896 to €262,792
of which Taxes: +€24,488
- Gross operating margin +€120,122
up €120,122 (+6.7%), from €1.8m to €1.9m
- Staff costs +€77,972
up €77,972 (+7.9%), from €987,864 to €1.1m
- Taxes +€51,551
up €51,551 (+33.3%), from €154,743 to €206,293
- Provisions +€38,822
no longer reported in 2025 (was -€38,822)
- Depreciation -€24,942
down €24,942 (-9.7%), from €256,016 to €231,074
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 | €2,685,444 | €2,721,761 | +€36,316 | +1.4% |
| Fixed assets | 21/28 | €477,765 | €438,379 | -€39,386 | -8.2% |
| Intangible fixed assets | 21 | €4,932 | €0 | -€4,932 | -100.0% |
| Tangible fixed assets | 22/27 | €472,834 | €438,379 | -€34,455 | -7.3% |
| Plant, machinery and equipment | 23 | €388,561 | €308,334 | -€80,227 | -20.6% |
| Furniture and vehicles | 24 | €84,273 | €130,045 | +€45,772 | +54.3% |
| Current assets | 29/58 | €2,207,679 | €2,283,382 | +€75,703 | +3.4% |
| Stocks and contracts in progress | 3 | €849,825 | €941,935 | +€92,110 | +10.8% |
| Stocks | 30/36 | €849,825 | €941,935 | +€92,110 | +10.8% |
| Amounts receivable within one year | 40/41 | €859,050 | €682,076 | -€176,973 | -20.6% |
| Trade receivables | 40 | €853,792 | €675,481 | -€178,311 | -20.9% |
| Other amounts receivable | 41 | €5,258 | €6,596 | +€1,338 | +25.4% |
| Current investments | 50/53 | - | €400,000 | +€400,000 | |
| Cash at bank and in hand | 54/58 | €498,804 | €259,370 | -€239,434 | -48.0% |
| Total equity and liabilities | 10/49 | €2,685,444 | €2,721,761 | +€36,316 | +1.4% |
| Equity | 10/15 | €1,791,523 | €1,852,917 | +€61,394 | +3.4% |
| Contributions | 10/11 | €125,000 | €125,000 | = | 0.0% |
| Capital | 10 | €125,000 | €125,000 | = | 0.0% |
| Issued capital | 100 | €125,000 | €125,000 | = | 0.0% |
| Reserves | 13 | €1,662,500 | €1,712,500 | +€50,000 | +3.0% |
| Non-distributable reserves | 130/1 | €12,500 | €12,500 | = | 0.0% |
| Legal reserve | 130 | €12,500 | €12,500 | = | 0.0% |
| Distributable reserves | 133 | €1,650,000 | €1,700,000 | +€50,000 | +3.0% |
| Profit (loss) carried forward | 14 | €4,023 | €15,417 | +€11,394 | +283.2% |
| Amounts payable | 17/49 | €893,922 | €868,844 | -€25,078 | -2.8% |
| Amounts payable within one year | 42/48 | €893,922 | €868,844 | -€25,078 | -2.8% |
| Trade debts | 44 | €292,026 | €195,217 | -€96,809 | -33.2% |
| Suppliers | 440/4 | €292,026 | €195,217 | -€96,809 | -33.2% |
| Advances received on contracts in progress | 46 | €20,000 | €60,836 | +€40,836 | +204.2% |
| Taxes, remuneration and social security | 45 | €231,896 | €262,792 | +€30,896 | +13.3% |
| Taxes | 450/3 | €84,103 | €108,591 | +€24,488 | +29.1% |
| Remuneration and social security | 454/9 | €147,793 | €154,201 | +€6,408 | +4.3% |
| Other amounts payable | 47/48 | €350,000 | €350,000 | = | 0.0% |
| Turnover | 70 | - | €0 | = | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €0 | = | |
| Remuneration, social security and pensions | 62 | €987,864 | €1,065,836 | +€77,972 | +7.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €256,016 | €231,074 | -€24,942 | -9.7% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€38,822 | - | +€38,822 | |
| Other operating charges | 640/8 | €8,446 | €8,607 | +€160 | +1.9% |
| Gross operating margin | 9900 | €1,791,424 | €1,911,547 | +€120,122 | +6.7% |
| Operating profit (loss) | 9901 | €577,919 | €606,029 | +€28,109 | +4.9% |
| Financial income | 75/76B | €13,322 | €17,281 | +€3,959 | +29.7% |
| Recurring financial income | 75 | €13,322 | €17,281 | +€3,959 | +29.7% |
| Financial charges | 65/66B | €4,941 | €5,622 | +€681 | +13.8% |
| Recurring financial charges | 65 | €4,941 | €5,622 | +€681 | +13.8% |
| Profit (loss) for the period before taxes | 9903 | €586,300 | €617,687 | +€31,387 | +5.4% |
| Income taxes | 67/77 | €154,743 | €206,293 | +€51,551 | +33.3% |
| Profit (loss) for the period | 9904 | €431,558 | €411,394 | -€20,164 | -4.7% |
| Profit (loss) for the period to be appropriated | 9905 | €431,558 | €411,394 | -€20,164 | -4.7% |
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 6 October 2026 via checked.be.