DECO-FAC: 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-FAC
Largest movements
- Receivables within one year -€81,015
down €81,015 (-90.6%), from €89,442 to €8,428
- Cash -€33,165
down €33,165 (-94.0%), from €35,282 to €2,117
mainly Net result for the year (-€111,542) and Debts after one year (-€42,778)
- Tangible fixed assets -€23,208
down €23,208 (-26.7%), from €86,886 to €63,678
- Stocks and contracts -€8,400
down €8,400 (-34.7%), from €24,200 to €15,800
- Profit (loss) carried forward -€111,542
down €111,542, from €2,460 to -€109,081
- Debts after one year -€42,778
down €42,778 (-48.4%), from €88,386 to €45,607
- Other debts +€17,487
new in 2024: €17,487
- Trade debts -€8,167
down €8,167 (-6.7%), from €122,614 to €114,447
- Staff costs -€36,675
down €36,675 (-70.1%), from €52,331 to €15,656
- Gross operating margin -€6,118
down €6,118 (-9.9%), from -€61,834 to -€67,952
- Depreciation +€944
up €944 (+4.2%), from €22,265 to €23,208
- Financial charges -€885
down €885 (-26.4%), from €3,357 to €2,472
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €246,511 | €100,722 | -€145,788 | -59.1% |
| Fixed assets | 21/28 | €97,586 | €74,378 | -€23,208 | -23.8% |
| Tangible fixed assets | 22/27 | €86,886 | €63,678 | -€23,208 | -26.7% |
| Plant, machinery and equipment | 23 | €24,891 | €19,719 | -€5,172 | -20.8% |
| Furniture and vehicles | 24 | €35,393 | €24,663 | -€10,730 | -30.3% |
| Leasing and similar rights | 25 | €26,602 | €19,296 | -€7,306 | -27.5% |
| Financial fixed assets | 28 | €10,700 | €10,700 | = | 0.0% |
| Current assets | 29/58 | €148,925 | €26,345 | -€122,580 | -82.3% |
| Stocks and contracts in progress | 3 | €24,200 | €15,800 | -€8,400 | -34.7% |
| Stocks | 30/36 | €24,200 | €15,800 | -€8,400 | -34.7% |
| Amounts receivable within one year | 40/41 | €89,442 | €8,428 | -€81,015 | -90.6% |
| Other amounts receivable | 41 | €89,442 | €8,428 | -€81,015 | -90.6% |
| Cash at bank and in hand | 54/58 | €35,282 | €2,117 | -€33,165 | -94.0% |
| Total equity and liabilities | 10/49 | €246,511 | €100,722 | -€145,788 | -59.1% |
| Equity | 10/15 | €25,420 | -€86,121 | -€111,542 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €4,360 | €4,360 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,460 | -€109,081 | -€111,542 | |
| Amounts payable | 17/49 | €221,091 | €186,844 | -€34,247 | -15.5% |
| Amounts payable after more than one year | 17 | €88,386 | €45,607 | -€42,778 | -48.4% |
| Financial debts | 170/4 | €88,386 | €45,607 | -€42,778 | -48.4% |
| Amounts payable within one year | 42/48 | €132,705 | €141,237 | +€8,532 | +6.4% |
| Trade debts | 44 | €122,614 | €114,447 | -€8,167 | -6.7% |
| Suppliers | 440/4 | €122,614 | €114,447 | -€8,167 | -6.7% |
| Taxes, remuneration and social security | 45 | €10,091 | €9,303 | -€789 | -7.8% |
| Taxes | 450/3 | €9,417 | €8,630 | -€787 | -8.4% |
| Remuneration and social security | 454/9 | €675 | €673 | -€2 | -0.2% |
| Other amounts payable | 47/48 | - | €17,487 | +€17,487 | |
| Non-recurring operating income | 76A | €1,240 | - | -€1,240 | |
| Remuneration, social security and pensions | 62 | €52,331 | €15,656 | -€36,675 | -70.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,265 | €23,208 | +€944 | +4.2% |
| Other operating charges | 640/8 | €1,883 | €2,254 | +€370 | +19.7% |
| Gross operating margin | 9900 | -€61,834 | -€67,952 | -€6,118 | -9.9% |
| Operating profit (loss) | 9901 | -€138,313 | -€109,070 | +€29,244 | +21.1% |
| Financial charges | 65/66B | €3,357 | €2,472 | -€885 | -26.4% |
| Recurring financial charges | 65 | €3,357 | €2,472 | -€885 | -26.4% |
| Profit (loss) for the period before taxes | 9903 | -€141,670 | -€111,542 | +€30,128 | +21.3% |
| Income taxes | 67/77 | €424 | - | -€424 | |
| Profit (loss) for the period | 9904 | -€142,094 | -€111,542 | +€30,552 | +21.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€142,094 | -€111,542 | +€30,552 | +21.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.