Deco-DeKo: 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.
Deco-DeKo
Largest movements
- Receivables within one year -€22,582
down €22,582 (-55.0%), from €41,026 to €18,445
of which Trade receivables: -€27,472
- Stocks and contracts +€20,083
up €20,083 (+51.6%), from €38,897 to €58,980
of which Stocks: +€10,783
- Cash -€8,900
down €8,900 (-64.4%), from €13,831 to €4,930
mainly Stocks and contracts (-€20,083) and Debts after one year (-€19,903)
- Tangible fixed assets -€4,840
down €4,840 (-29.2%), from €16,573 to €11,732
of which Other tangible fixed assets: -€2,834
- Deferred charges and accrued income -€2,530
down €2,530 (-83.3%), from €3,036 to €506
- Debts after one year -€19,903
down €19,903 (-73.9%), from €26,933 to €7,030
- Trade debts -€18,288
down €18,288 (-29.8%), from €61,448 to €43,159
- Profit (loss) carried forward +€12,908
up €12,908 (+411.0%), from €3,141 to €16,048
- Short-term financial debts +€4,738
new in 2025: €4,738
- Staff costs +€10,875
up €10,875 (+1081.6%), from €1,005 to €11,880
- Gross operating margin +€5,394
up €5,394 (+15.8%), from €34,191 to €39,585
- Taxes +€4,317
up €4,317 (+1333.5%), from €324 to €4,641
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.
Cash bridge derived
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 | €120,898 | €100,133 | -€20,765 | -17.2% |
| Fixed assets | 21/28 | €24,108 | €17,272 | -€6,836 | -28.4% |
| Intangible fixed assets | 21 | €5,635 | €3,640 | -€1,996 | -35.4% |
| Tangible fixed assets | 22/27 | €16,573 | €11,732 | -€4,840 | -29.2% |
| Plant, machinery and equipment | 23 | €3,652 | €2,212 | -€1,440 | -39.4% |
| Furniture and vehicles | 24 | €2,707 | €2,141 | -€566 | -20.9% |
| Other tangible fixed assets | 26 | €10,214 | €7,379 | -€2,834 | -27.8% |
| Financial fixed assets | 28 | €1,900 | €1,900 | = | 0.0% |
| Current assets | 29/58 | €96,790 | €82,861 | -€13,929 | -14.4% |
| Stocks and contracts in progress | 3 | €38,897 | €58,980 | +€20,083 | +51.6% |
| Stocks | 30/36 | €38,897 | €49,680 | +€10,783 | +27.7% |
| Contracts in progress | 37 | - | €9,300 | +€9,300 | |
| Amounts receivable within one year | 40/41 | €41,026 | €18,445 | -€22,582 | -55.0% |
| Trade receivables | 40 | €31,031 | €3,559 | -€27,472 | -88.5% |
| Other amounts receivable | 41 | €9,996 | €14,886 | +€4,890 | +48.9% |
| Cash at bank and in hand | 54/58 | €13,831 | €4,930 | -€8,900 | -64.4% |
| Deferred charges and accrued income | 490/1 | €3,036 | €506 | -€2,530 | -83.3% |
| Total equity and liabilities | 10/49 | €120,898 | €100,133 | -€20,765 | -17.2% |
| Equity | 10/15 | €5,141 | €18,048 | +€12,908 | +251.1% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,141 | €16,048 | +€12,908 | +411.0% |
| Amounts payable | 17/49 | €115,758 | €82,085 | -€33,673 | -29.1% |
| Amounts payable after more than one year | 17 | €26,933 | €7,030 | -€19,903 | -73.9% |
| Financial debts | 170/4 | €26,933 | €7,030 | -€19,903 | -73.9% |
| Amounts payable within one year | 42/48 | €88,825 | €75,055 | -€13,769 | -15.5% |
| Current portion of amounts payable after more than one year | 42 | €19,321 | €19,903 | +€583 | +3.0% |
| Financial debts | 43 | - | €4,738 | +€4,738 | |
| Credit institutions | 430/8 | - | €4,738 | +€4,738 | |
| Trade debts | 44 | €61,448 | €43,159 | -€18,288 | -29.8% |
| Suppliers | 440/4 | €61,448 | €43,159 | -€18,288 | -29.8% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €8,056 | €7,254 | -€802 | -10.0% |
| Taxes | 450/3 | €8,056 | €7,254 | -€802 | -10.0% |
| Remuneration, social security and pensions | 62 | €1,005 | €11,880 | +€10,875 | +1081.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,835 | €6,836 | +€1 | 0.0% |
| Other operating charges | 640/8 | €756 | €874 | +€118 | +15.7% |
| Gross operating margin | 9900 | €34,191 | €39,585 | +€5,394 | +15.8% |
| Operating profit (loss) | 9901 | €25,595 | €19,995 | -€5,600 | -21.9% |
| Financial income | 75/76B | €278 | €394 | +€117 | +42.0% |
| Recurring financial income | 75 | €278 | €394 | +€117 | +42.0% |
| Financial charges | 65/66B | €3,068 | €2,841 | -€227 | -7.4% |
| Recurring financial charges | 65 | €3,068 | €2,841 | -€227 | -7.4% |
| Profit (loss) for the period before taxes | 9903 | €22,804 | €17,549 | -€5,256 | -23.0% |
| Income taxes | 67/77 | €324 | €4,641 | +€4,317 | +1333.5% |
| Profit (loss) for the period | 9904 | €22,480 | €12,908 | -€9,573 | -42.6% |
| Profit (loss) for the period to be appropriated | 9905 | €22,480 | €12,908 | -€9,573 | -42.6% |
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 4 October 2026 via checked.be.