DECLA: what changed
Two financial 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.
DECLA
Largest movements
- Cash +€34,748
up €34,748 (+31.2%), from €111,199 to €145,947
mainly Net result for the year (+€22,027) and Depreciation (+€18,669)
- Tangible fixed assets -€18,669
down €18,669 (-100.0%), from €18,670 to €1
of which Leasing and similar rights: -€12,090
- Receivables within one year +€12,100
up €12,100 (+603%), from €2,007 to €14,107
of which Trade receivables: +€12,100
- Reserves +€126,754
up €126,754 (+26.7%), from €474,439 to €601,193
of which Distributable reserves: +€126,754
- Profit (loss) carried forward -€104,727
no longer reported in 2025 (was €104,727)
- Tax, wage and social debts +€13,618
up €13,618 (+748%), from €1,821 to €15,439
- Trade debts -€7,465
down €7,465 (-55.3%), from €13,507 to €6,042
- Gross operating margin -€53,049
down €53,049 (-52.6%), from €100,907 to €47,857
- Taxes -€15,214
down €15,214 (-59.7%), from €25,493 to €10,279
- Depreciation +€14,033
up €14,033 (+303%), from €4,636 to €18,669
- Financial income -€3,514
down €3,514 (-43.1%), from €8,162 to €4,648
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.
Derived cash bridge
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 | €606,995 | €635,174 | +€28,179 | +4.6% |
| Fixed assets | 21/28 | €18,670 | €1 | -€18,669 | -100.0% |
| Tangible fixed assets | 22/27 | €18,670 | €1 | -€18,669 | -100.0% |
| Plant, machinery and equipment | 23 | €2,563 | €0 | -€2,563 | -100% |
| Furniture and vehicles | 24 | - | €0 | = | |
| Leasing and similar rights | 25 | €12,091 | €1 | -€12,090 | -100.0% |
| Other tangible fixed assets | 26 | €4,016 | €0 | -€4,016 | -100% |
| Current assets | 29/58 | €588,325 | €635,173 | +€46,848 | +8.0% |
| Amounts receivable within one year | 40/41 | €2,007 | €14,107 | +€12,100 | +603% |
| Trade receivables | 40 | - | €12,100 | +€12,100 | |
| Other amounts receivable | 41 | €2,007 | €2,007 | = | 0.0% |
| Current investments | 50/53 | €475,000 | €475,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €111,199 | €145,947 | +€34,748 | +31.2% |
| Deferred charges and accrued income | 490/1 | €120 | €120 | = | 0.0% |
| Total equity and liabilities | 10/49 | €606,995 | €635,174 | +€28,179 | +4.6% |
| Equity | 10/15 | €591,666 | €613,693 | +€22,027 | +3.7% |
| Contributions | 10/11 | €12,500 | €12,500 | = | 0.0% |
| Capital | 10 | €12,500 | - | -€12,500 | |
| Issued capital | 100 | €18,600 | - | -€18,600 | |
| Uncalled capital | 101 | €6,100 | - | -€6,100 | |
| Reserves | 13 | €474,439 | €601,193 | +€126,754 | +26.7% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | - | €1,860 | +€1,860 | |
| Distributable reserves | 133 | €472,579 | €599,333 | +€126,754 | +26.8% |
| Profit (loss) carried forward | 14 | €104,727 | - | -€104,727 | |
| Amounts payable | 17/49 | €15,329 | €21,481 | +€6,152 | +40.1% |
| Amounts payable within one year | 42/48 | €15,329 | €21,481 | +€6,152 | +40.1% |
| Trade debts | 44 | €13,507 | €6,042 | -€7,465 | -55.3% |
| Suppliers | 440/4 | €13,507 | €6,042 | -€7,465 | -55.3% |
| Taxes, remuneration and social security | 45 | €1,821 | €15,439 | +€13,618 | +748% |
| Taxes | 450/3 | €1,821 | €15,439 | +€13,618 | +748% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,636 | €18,669 | +€14,033 | +303% |
| Other operating charges | 640/8 | €1,318 | €956 | -€363 | -27.5% |
| Gross operating margin | 9900 | €100,907 | €47,857 | -€53,049 | -52.6% |
| Operating profit (loss) | 9901 | €94,952 | €28,232 | -€66,720 | -70.3% |
| Financial income | 75/76B | €8,162 | €4,648 | -€3,514 | -43.1% |
| Recurring financial income | 75 | €8,162 | €4,648 | -€3,514 | -43.1% |
| Financial charges | 65/66B | €1,140 | €574 | -€567 | -49.7% |
| Recurring financial charges | 65 | €1,140 | €574 | -€567 | -49.7% |
| Profit (loss) for the period before taxes | 9903 | €101,974 | €32,306 | -€69,668 | -68.3% |
| Income taxes | 67/77 | €25,493 | €10,279 | -€15,214 | -59.7% |
| Profit (loss) for the period | 9904 | €76,480 | €22,027 | -€54,453 | -71.2% |
| Profit (loss) for the period to be appropriated | 9905 | €76,480 | €22,027 | -€54,453 | -71.2% |
Source: filed annual accounts (NBB), financial years ended 30 November 2024 and 30 November 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.