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DECLIMO: 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

DECLIMO

BE 0477.550.004
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€22,666
2024 · €97,450-€74,784
Equity
€649,370
2024 · €626,705+€22,666
Cash
€66,871
2024 · €30,679+€36,192
Balance sheet total
€746,558
2024 · €851,620-€105,062

Largest movements

2024 to 2025
Assets
  • Receivables within one year -€124,982

    down €124,982 (-100.0%), from €124,982 to €0

  • Cash +€36,192

    up €36,192 (+118.0%), from €30,679 to €66,871

    mainly Receivables within one year (+€124,982) and Net result for the year (+€22,666)

  • Tangible fixed assets -€16,284

    down €16,284 (-2.3%), from €695,405 to €679,121

Equity and liabilities
  • Other debts -€107,855

    down €107,855 (-58.3%), from €185,112 to €77,257

  • Reserves +€38,207

    up €38,207 (+14.5%), from €263,999 to €302,206

    of which Distributable reserves: +€22,666

  • Tax, wage and social debts -€17,786

    down €17,786 (-95.9%), from €18,544 to €758

  • Revaluation surpluses -€15,542

    down €15,542 (-5.2%), from €301,206 to €285,664

Income statement
  • Gross operating margin -€111,351

    down €111,351 (-62.6%), from €177,896 to €66,545

  • Taxes -€36,455

    down €36,455 (-69.8%), from €52,213 to €15,758

From the 2024 result to the 2025 result

effect on the 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 €97,450
Gross operating margin -€111,351
Depreciation -€0
Other operating charges +€350
Financial charges -€239
Taxes +€36,455
Result 2025 €22,666

Cash bridge derived

cash 2024 to 2025

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 +€36,192
Investment €0
Financing €0
Cash 2024 €30,679
Net result for the year +€22,666
Depreciation +€16,284
Receivables within one year +€124,982
Deferred charges and accrued income -€11
Provisions -€1,579
Trade debts -€508
Tax, wage and social debts -€17,786
Other debts -€107,855
Cash 2025 €66,871
Every line side by side 38 lines
Line Code 2024 2025 Change %
Total assets 20/58 €851,620 €746,558 -€105,062 -12.3%
Fixed assets 21/28 €695,405 €679,121 -€16,284 -2.3%
Tangible fixed assets 22/27 €695,405 €679,121 -€16,284 -2.3%
Land and buildings 22 €695,405 €679,121 -€16,284 -2.3%
Current assets 29/58 €156,215 €67,437 -€88,778 -56.8%
Amounts receivable within one year 40/41 €124,982 €0 -€124,982 -100.0%
Other amounts receivable 41 €124,982 €0 -€124,982 -100.0%
Cash at bank and in hand 54/58 €30,679 €66,871 +€36,192 +118.0%
Deferred charges and accrued income 490/1 €554 €566 +€11 +2.0%
Total equity and liabilities 10/49 €851,620 €746,558 -€105,062 -12.3%
Equity 10/15 €626,705 €649,370 +€22,666 +3.6%
Contributions 10/11 €61,500 €61,500 = 0.0%
Revaluation surpluses 12 €301,206 €285,664 -€15,542 -5.2%
Reserves 13 €263,999 €302,206 +€38,207 +14.5%
Non-distributable reserves 130/1 €93,249 €108,791 +€15,542 +16.7%
Other 1319 €93,249 €108,791 +€15,542 +16.7%
Distributable reserves 133 €170,750 €193,415 +€22,666 +13.3%
Provisions and deferred taxes 16 €19,865 €18,285 -€1,579 -8.0%
Provisions for liabilities and charges 160/5 €19,865 €18,285 -€1,579 -8.0%
Other liabilities and charges 164/5 €19,865 €18,285 -€1,579 -8.0%
Amounts payable 17/49 €205,051 €78,902 -€126,149 -61.5%
Amounts payable within one year 42/48 €205,051 €78,902 -€126,149 -61.5%
Trade debts 44 €1,395 €887 -€508 -36.4%
Suppliers 440/4 €1,395 €887 -€508 -36.4%
Taxes, remuneration and social security 45 €18,544 €758 -€17,786 -95.9%
Taxes 450/3 €18,544 €758 -€17,786 -95.9%
Other amounts payable 47/48 €185,112 €77,257 -€107,855 -58.3%
Non-recurring operating income 76A €121,494 €60,980 -€60,514 -49.8%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €16,284 €16,284 +€0 0.0%
Other operating charges 640/8 €7,712 €7,362 -€350 -4.5%
Gross operating margin 9900 €177,896 €66,545 -€111,351 -62.6%
Operating profit (loss) 9901 €153,899 €42,898 -€111,001 -72.1%
Financial charges 65/66B €4,236 €4,475 +€239 +5.6%
Recurring financial charges 65 €4,236 €4,475 +€239 +5.6%
Profit (loss) for the period before taxes 9903 €149,663 €38,423 -€111,239 -74.3%
Income taxes 67/77 €52,213 €15,758 -€36,455 -69.8%
Profit (loss) for the period 9904 €97,450 €22,666 -€74,784 -76.7%
Profit (loss) for the period to be appropriated 9905 €97,450 €22,666 -€74,784 -76.7%

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 29 September 2026 via checked.be.