DECLO INTERNATIONAL: 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.
DECLO INTERNATIONAL
Largest movements
- Current investments +€130,000
new in 2025: €130,000
- Cash -€114,175
down €114,175 (-71.4%), from €159,890 to €45,715
mainly Current investments (-€130,000) and Trade debts (-€4,642)
- Receivables within one year -€20,774
down €20,774 (-19.5%), from €106,806 to €86,032
of which Other amounts receivable: -€12,580
- Trade debts -€4,642
down €4,642 (-7.2%), from €64,642 to €60,000
- Other debts +€4,004
up €4,004 (+197%), from €2,030 to €6,034
- Short-term financial debts -€3,978
no longer reported in 2025 (was €3,978)
- Gross operating margin -€28,711
down €28,711, from €22,129 to -€6,582
- Taxes -€4,629
down €4,629, from €4,297 to -€332
- Financial income +€4,609
up €4,609 (+102%), from €4,500 to €9,109
- Depreciation -€1,976
down €1,976 (-65.2%), from €3,031 to €1,055
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 | €332,220 | €327,066 | -€5,154 | -1.6% |
| Fixed assets | 21/28 | €65,524 | €65,319 | -€205 | -0.3% |
| Tangible fixed assets | 22/27 | €65,524 | €65,319 | -€205 | -0.3% |
| Land and buildings | 22 | €60,340 | €60,340 | = | 0.0% |
| Plant, machinery and equipment | 23 | €3,893 | €3,688 | -€205 | -5.3% |
| Furniture and vehicles | 24 | €1,291 | €1,291 | = | 0.0% |
| Current assets | 29/58 | €266,696 | €261,747 | -€4,949 | -1.9% |
| Amounts receivable within one year | 40/41 | €106,806 | €86,032 | -€20,774 | -19.5% |
| Trade receivables | 40 | €8,194 | - | -€8,194 | |
| Other amounts receivable | 41 | €98,612 | €86,032 | -€12,580 | -12.8% |
| Current investments | 50/53 | - | €130,000 | +€130,000 | |
| Cash at bank and in hand | 54/58 | €159,890 | €45,715 | -€114,175 | -71.4% |
| Total equity and liabilities | 10/49 | €332,220 | €327,066 | -€5,154 | -1.6% |
| Equity | 10/15 | €261,570 | €261,032 | -€538 | -0.2% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Capital | 10 | €18,592 | €18,592 | = | 0.0% |
| Issued capital | 100 | €18,592 | €18,592 | = | 0.0% |
| Revaluation surpluses | 12 | €129,000 | €129,000 | = | 0.0% |
| Reserves | 13 | €38,879 | €38,879 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Legal reserve | 130 | €1,859 | €1,859 | = | 0.0% |
| Tax-exempt reserves | 132 | €37,020 | €37,020 | = | 0.0% |
| Profit (loss) carried forward | 14 | €75,099 | €74,561 | -€538 | -0.7% |
| Amounts payable | 17/49 | €70,650 | €66,034 | -€4,616 | -6.5% |
| Amounts payable within one year | 42/48 | €70,650 | €66,034 | -€4,616 | -6.5% |
| Financial debts | 43 | €3,978 | - | -€3,978 | |
| Credit institutions | 430/8 | €3,978 | - | -€3,978 | |
| Trade debts | 44 | €64,642 | €60,000 | -€4,642 | -7.2% |
| Suppliers | 440/4 | €64,642 | €60,000 | -€4,642 | -7.2% |
| Other amounts payable | 47/48 | €2,030 | €6,034 | +€4,004 | +197% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,031 | €1,055 | -€1,976 | -65.2% |
| Other operating charges | 640/8 | €1,697 | €1,775 | +€78 | +4.6% |
| Gross operating margin | 9900 | €22,129 | -€6,582 | -€28,711 | |
| Operating profit (loss) | 9901 | €17,401 | -€9,412 | -€26,813 | |
| Financial income | 75/76B | €4,500 | €9,109 | +€4,609 | +102% |
| Recurring financial income | 75 | €4,500 | €9,109 | +€4,609 | +102% |
| Financial charges | 65/66B | €592 | €567 | -€25 | -4.2% |
| Recurring financial charges | 65 | €331 | €319 | -€12 | -3.6% |
| Non-recurring financial charges | 66B | €261 | €248 | -€13 | -5.0% |
| Profit (loss) for the period before taxes | 9903 | €21,309 | -€870 | -€22,179 | |
| Income taxes | 67/77 | €4,297 | -€332 | -€4,629 | |
| Profit (loss) for the period | 9904 | €17,012 | -€538 | -€17,550 | |
| Profit (loss) for the period to be appropriated | 9905 | €17,012 | -€538 | -€17,550 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.