DECO BRAEMS: 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.
DECO BRAEMS
Largest movements
- Cash +€14,148
up €14,148 (+40.0%), from €35,360 to €49,508
mainly Net result for the year (+€12,813) and Tax, wage and social debts (+€9,248)
- Receivables within one year +€8,156
up €8,156 (+12.8%), from €63,961 to €72,116
of which Other amounts receivable: +€11,187
- Tangible fixed assets -€7,609
down €7,609 (-63.3%), from €12,014 to €4,405
of which Furniture and vehicles: -€6,495
- Reserves +€12,813
up €12,813 (+14.9%), from €85,950 to €98,762
- Tax, wage and social debts +€9,248
up €9,248 (+201%), from €4,599 to €13,847
of which Taxes: +€7,359
- Current portion of long-term debt -€4,198
down €4,198 (-74.9%), from €5,608 to €1,410
- Trade debts -€1,448
down €1,448 (-52.9%), from €2,739 to €1,292
- Debts after one year -€1,410
down €1,410 (-100%), from €1,410 to €0
- Gross operating margin -€4,750
down €4,750 (-14.4%), from €32,912 to €28,162
- Taxes -€1,271
down €1,271 (-16.8%), from €7,580 to €6,309
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 | €112,787 | €127,792 | +€15,005 | +13.3% |
| Fixed assets | 21/28 | €12,014 | €4,405 | -€7,609 | -63.3% |
| Tangible fixed assets | 22/27 | €12,014 | €4,405 | -€7,609 | -63.3% |
| Plant, machinery and equipment | 23 | €4,187 | €3,073 | -€1,114 | -26.6% |
| Furniture and vehicles | 24 | €7,827 | €1,332 | -€6,495 | -83.0% |
| Other tangible fixed assets | 26 | €0 | €0 | = | |
| Current assets | 29/58 | €100,773 | €123,387 | +€22,614 | +22.4% |
| Stocks and contracts in progress | 3 | €490 | €695 | +€205 | +41.8% |
| Stocks | 30/36 | €490 | €695 | +€205 | +41.8% |
| Amounts receivable within one year | 40/41 | €63,961 | €72,116 | +€8,156 | +12.8% |
| Trade receivables | 40 | €10,230 | €7,198 | -€3,032 | -29.6% |
| Other amounts receivable | 41 | €53,731 | €64,918 | +€11,187 | +20.8% |
| Cash at bank and in hand | 54/58 | €35,360 | €49,508 | +€14,148 | +40.0% |
| Deferred charges and accrued income | 490/1 | €962 | €1,067 | +€106 | +11.0% |
| Total equity and liabilities | 10/49 | €112,787 | €127,792 | +€15,005 | +13.3% |
| Equity | 10/15 | €98,431 | €111,243 | +€12,813 | +13.0% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €85,950 | €98,762 | +€12,813 | +14.9% |
| Distributable reserves | 133 | €85,950 | €98,762 | +€12,813 | +14.9% |
| Profit (loss) carried forward | 14 | €81 | €81 | = | 0.0% |
| Amounts payable | 17/49 | €14,356 | €16,549 | +€2,193 | +15.3% |
| Amounts payable after more than one year | 17 | €1,410 | €0 | -€1,410 | -100% |
| Financial debts | 170/4 | €1,410 | €0 | -€1,410 | -100% |
| Amounts payable within one year | 42/48 | €12,946 | €16,549 | +€3,603 | +27.8% |
| Current portion of amounts payable after more than one year | 42 | €5,608 | €1,410 | -€4,198 | -74.9% |
| Trade debts | 44 | €2,739 | €1,292 | -€1,448 | -52.9% |
| Suppliers | 440/4 | €2,739 | €1,292 | -€1,448 | -52.9% |
| Taxes, remuneration and social security | 45 | €4,599 | €13,847 | +€9,248 | +201% |
| Taxes | 450/3 | €4,599 | €11,958 | +€7,359 | +160% |
| Remuneration and social security | 454/9 | €0 | €1,890 | +€1,890 | |
| Other amounts payable | 47/48 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,659 | €7,609 | -€50 | -0.6% |
| Other operating charges | 640/8 | €1,991 | €1,700 | -€290 | -14.6% |
| Gross operating margin | 9900 | €32,912 | €28,162 | -€4,750 | -14.4% |
| Operating profit (loss) | 9901 | €23,263 | €18,853 | -€4,410 | -19.0% |
| Financial income | 75/76B | €83 | €375 | +€292 | +352% |
| Recurring financial income | 75 | €83 | €375 | +€292 | +352% |
| Financial charges | 65/66B | €141 | €106 | -€35 | -25.0% |
| Recurring financial charges | 65 | €141 | €106 | -€35 | -25.0% |
| Profit (loss) for the period before taxes | 9903 | €23,205 | €19,122 | -€4,083 | -17.6% |
| Income taxes | 67/77 | €7,580 | €6,309 | -€1,271 | -16.8% |
| Profit (loss) for the period | 9904 | €15,625 | €12,813 | -€2,813 | -18.0% |
| Profit (loss) for the period to be appropriated | 9905 | €15,625 | €12,813 | -€2,813 | -18.0% |
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 22 October 2026 via checked.be.