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.
What changed
DECKERS
NACE 46.833, Wholesale trade
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€615,367
2024 · €517,813+€97,555
Equity
€5.5m
2024 · €4.9m+€615,367
Cash
€715,404
2024 · €539,654+€175,750
Balance sheet total
€9.5m
2024 · €8.6m+€961,677
Largest movements
Assets
- Receivables within one year +€657,272
up €657,272 (+17.8%), from €3.7m to €4.4m
of which Trade receivables: +€624,534
- Cash +€175,750
up €175,750 (+32.6%), from €539,654 to €715,404
mainly Net result for the year (+€615,367) and Trade debts (+€228,965)
Equity and liabilities
- Reserves +€615,367
up €615,367 (+12.8%), from €4.8m to €5.4m
of which Distributable reserves: +€615,367
- Trade debts +€228,965
up €228,965 (+8.3%), from €2.8m to €3.0m
- Tax, wage and social debts +€117,437
up €117,437 (+124.7%), from €94,207 to €211,644
of which Taxes: +€102,647
Income statement
- Staff costs -€122,348
down €122,348 (-16.0%), from €765,813 to €643,465
- Depreciation +€32,839
up €32,839 (+173.9%), from €18,884 to €51,723
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.
Result 2024
€517,813
Gross operating margin
+€3,832
Staff costs
+€122,348
Depreciation
-€32,839
Other operating charges
+€3,604
Financial income
+€3,182
Financial charges
-€507
Taxes
-€2,066
Result 2025
€615,367
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.
From operations
+€308,809
Investment
-€132,967
Financing
-€92
Cash 2024
€539,654
From operations (derived)
+€308,809
Net result for the year
+€615,367
Depreciation
+€51,723
Receivables after one year
+€1,101
Stocks and contracts
-€48,512
Receivables within one year
-€657,272
Trade debts
+€228,965
Tax, wage and social debts
+€117,437
Investment (derived)
-€132,967
Investment in fixed assets (net)
-€132,967
Financing
-€92
Current portion of long-term debt
-€92
Cash 2025
€715,404
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €8,563,698 | €9,525,375 | +€961,677 | +11.2% |
| Fixed assets | 21/28 | €2,797,983 | €2,879,227 | +€81,244 | +2.9% |
| Tangible fixed assets | 22/27 | €243,359 | €229,553 | -€13,806 | -5.7% |
| Plant, machinery and equipment | 23 | €41,785 | €37,693 | -€4,092 | -9.8% |
| Furniture and vehicles | 24 | €201,574 | €191,860 | -€9,714 | -4.8% |
| Financial fixed assets | 28 | €2,554,624 | €2,649,674 | +€95,050 | +3.7% |
| Current assets | 29/58 | €5,765,715 | €6,646,148 | +€880,433 | +15.3% |
| Amounts receivable after more than one year | 29 | €480,745 | €479,644 | -€1,101 | -0.2% |
| Other amounts receivable | 291 | €480,745 | €479,644 | -€1,101 | -0.2% |
| Stocks and contracts in progress | 3 | €1,023,272 | €1,071,784 | +€48,512 | +4.7% |
| Stocks | 30/36 | €1,023,272 | €1,071,784 | +€48,512 | +4.7% |
| Amounts receivable within one year | 40/41 | €3,701,259 | €4,358,531 | +€657,272 | +17.8% |
| Trade receivables | 40 | €1,426,675 | €2,051,208 | +€624,534 | +43.8% |
| Other amounts receivable | 41 | €2,274,584 | €2,307,323 | +€32,739 | +1.4% |
| Cash at bank and in hand | 54/58 | €539,654 | €715,404 | +€175,750 | +32.6% |
| Deferred charges and accrued income | 490/1 | €20,785 | €20,785 | = | 0.0% |
| Total equity and liabilities | 10/49 | €8,563,698 | €9,525,375 | +€961,677 | +11.2% |
| Equity | 10/15 | €4,867,966 | €5,483,334 | +€615,367 | +12.6% |
| 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 | €4,805,696 | €5,421,063 | +€615,367 | +12.8% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €4,799,496 | €5,414,863 | +€615,367 | +12.8% |
| Profit (loss) carried forward | 14 | €271 | €271 | = | 0.0% |
| Amounts payable | 17/49 | €3,695,731 | €4,042,041 | +€346,310 | +9.4% |
| Amounts payable within one year | 42/48 | €3,692,656 | €4,038,966 | +€346,310 | +9.4% |
| Current portion of amounts payable after more than one year | 42 | €69,663 | €69,570 | -€92 | -0.1% |
| Trade debts | 44 | €2,759,722 | €2,988,687 | +€228,965 | +8.3% |
| Suppliers | 440/4 | €2,759,722 | €2,988,687 | +€228,965 | +8.3% |
| Advances received on contracts in progress | 46 | €233,464 | €233,464 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €94,207 | €211,644 | +€117,437 | +124.7% |
| Taxes | 450/3 | €5,376 | €108,022 | +€102,647 | +1909.4% |
| Remuneration and social security | 454/9 | €88,831 | €103,621 | +€14,790 | +16.6% |
| Other amounts payable | 47/48 | €535,601 | €535,601 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €3,076 | €3,076 | = | 0.0% |
| Non-recurring operating income | 76A | - | €2,376 | +€2,376 | |
| Remuneration, social security and pensions | 62 | €765,813 | €643,465 | -€122,348 | -16.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,884 | €51,723 | +€32,839 | +173.9% |
| Other operating charges | 640/8 | €24,547 | €20,943 | -€3,604 | -14.7% |
| Gross operating margin | 9900 | €1,453,670 | €1,457,501 | +€3,832 | +0.3% |
| Operating profit (loss) | 9901 | €644,425 | €741,371 | +€96,945 | +15.0% |
| Financial income | 75/76B | €126,850 | €130,032 | +€3,182 | +2.5% |
| Recurring financial income | 75 | €126,850 | €130,032 | +€3,182 | +2.5% |
| Financial charges | 65/66B | €38,773 | €39,279 | +€507 | +1.3% |
| Recurring financial charges | 65 | €38,773 | €39,279 | +€507 | +1.3% |
| Profit (loss) for the period before taxes | 9903 | €732,502 | €832,123 | +€99,621 | +13.6% |
| Income taxes | 67/77 | €214,690 | €216,756 | +€2,066 | +1.0% |
| Profit (loss) for the period | 9904 | €517,813 | €615,367 | +€97,555 | +18.8% |
| Profit (loss) for the period to be appropriated | 9905 | €517,813 | €615,367 | +€97,555 | +18.8% |
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 4 October 2026 via checked.be.