DECO DEGRYSE: 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 DEGRYSE
Largest movements
- Cash +€19,647
up €19,647 (+27.2%), from €72,360 to €92,006
mainly Depreciation (+€17,221) and Net result for the year (+€11,190)
- Tangible fixed assets +€5,424
up €5,424 (+11.4%), from €47,744 to €53,168
of which Furniture and vehicles: +€6,121
- Deferred charges and accrued income -€5,122
down €5,122 (-56.8%), from €9,018 to €3,896
- Reserves +€11,190
up €11,190 (+14.0%), from €80,164 to €91,354
- Debts after one year +€10,140
new in 2025: €10,140
- Other debts -€4,748
down €4,748 (-9.3%), from €51,091 to €46,343
- Current portion of long-term debt +€4,442
new in 2025: €4,442
- Trade debts -€2,175
down €2,175 (-91.4%), from €2,381 to €206
- Gross operating margin +€23,898
up €23,898 (+105%), from €22,740 to €46,638
- Staff costs +€6,935
up €6,935 (+425%), from €1,633 to €8,568
- Depreciation +€4,251
up €4,251 (+32.8%), from €12,970 to €17,221
- Taxes +€3,397
up €3,397 (+300%), from €1,131 to €4,528
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 | €145,340 | €164,915 | +€19,575 | +13.5% |
| Fixed assets | 21/28 | €47,744 | €53,168 | +€5,424 | +11.4% |
| Tangible fixed assets | 22/27 | €47,744 | €53,168 | +€5,424 | +11.4% |
| Plant, machinery and equipment | 23 | €2,244 | €1,547 | -€696 | -31.0% |
| Furniture and vehicles | 24 | €45,500 | €51,620 | +€6,121 | +13.5% |
| Current assets | 29/58 | €97,596 | €111,747 | +€14,151 | +14.5% |
| Amounts receivable within one year | 40/41 | €16,218 | €15,844 | -€374 | -2.3% |
| Trade receivables | 40 | €13,589 | €13,835 | +€245 | +1.8% |
| Other amounts receivable | 41 | €2,629 | €2,009 | -€620 | -23.6% |
| Cash at bank and in hand | 54/58 | €72,360 | €92,006 | +€19,647 | +27.2% |
| Deferred charges and accrued income | 490/1 | €9,018 | €3,896 | -€5,122 | -56.8% |
| Total equity and liabilities | 10/49 | €145,340 | €164,915 | +€19,575 | +13.5% |
| Equity | 10/15 | €83,164 | €94,354 | +€11,190 | +13.5% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €80,164 | €91,354 | +€11,190 | +14.0% |
| Distributable reserves | 133 | €80,164 | €91,354 | +€11,190 | +14.0% |
| Amounts payable | 17/49 | €62,175 | €70,561 | +€8,385 | +13.5% |
| Amounts payable after more than one year | 17 | - | €10,140 | +€10,140 | |
| Financial debts | 170/4 | - | €10,140 | +€10,140 | |
| Amounts payable within one year | 42/48 | €57,940 | €55,333 | -€2,607 | -4.5% |
| Current portion of amounts payable after more than one year | 42 | - | €4,442 | +€4,442 | |
| Trade debts | 44 | €2,381 | €206 | -€2,175 | -91.4% |
| Suppliers | 440/4 | €2,381 | €206 | -€2,175 | -91.4% |
| Taxes, remuneration and social security | 45 | €4,468 | €4,342 | -€126 | -2.8% |
| Taxes | 450/3 | €1,216 | €1,082 | -€134 | -11.0% |
| Remuneration and social security | 454/9 | €3,252 | €3,260 | +€8 | +0.2% |
| Other amounts payable | 47/48 | €51,091 | €46,343 | -€4,748 | -9.3% |
| Accrued charges and deferred income | 492/3 | €4,235 | €5,088 | +€852 | +20.1% |
| Remuneration, social security and pensions | 62 | €1,633 | €8,568 | +€6,935 | +425% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,970 | €17,221 | +€4,251 | +32.8% |
| Other operating charges | 640/8 | €617 | €886 | +€269 | +43.5% |
| Gross operating margin | 9900 | €22,740 | €46,638 | +€23,898 | +105% |
| Operating profit (loss) | 9901 | €7,519 | €19,963 | +€12,443 | +165% |
| Financial income | 75/76B | €0 | €9 | +€9 | |
| Recurring financial income | 75 | €0 | €9 | +€9 | |
| Financial charges | 65/66B | €4,219 | €4,254 | +€34 | +0.8% |
| Recurring financial charges | 65 | €4,219 | €4,254 | +€34 | +0.8% |
| Profit (loss) for the period before taxes | 9903 | €3,300 | €15,718 | +€12,418 | +376% |
| Income taxes | 67/77 | €1,131 | €4,528 | +€3,397 | +300% |
| Profit (loss) for the period | 9904 | €2,169 | €11,190 | +€9,020 | +416% |
| Profit (loss) for the period to be appropriated | 9905 | €2,169 | €11,190 | +€9,020 | +416% |
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 20 October 2026 via checked.be.