DECO-FACT: 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-FACT
Largest movements
- Cash +€15,114
up €15,114 (+18.5%), from €81,601 to €96,715
mainly Short-term financial debts (+€74,960) and Net result for the year (+€40,748)
- Receivables within one year -€9,105
down €9,105 (-13.0%), from €70,261 to €61,156
of which Other amounts receivable: -€10,277
- Short-term financial debts +€74,960
new in 2025: €74,960
- Current portion of long-term debt -€61,060
no longer reported in 2025 (was €61,060)
- Debts after one year -€42,983
down €42,983 (-12.7%), from €339,512 to €296,529
- Profit (loss) carried forward +€40,748
up €40,748 (+23.0%), from €176,805 to €217,553
- Staff costs +€55,418
up €55,418 (+12.3%), from €452,390 to €507,808
- Gross operating margin +€50,585
up €50,585 (+8.8%), from €574,091 to €624,676
- Taxes -€19,673
down €19,673 (-97.0%), from €20,285 to €612
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 | €780,888 | €784,881 | +€3,993 | +0.5% |
| Fixed assets | 21/28 | €629,026 | €627,010 | -€2,016 | -0.3% |
| Tangible fixed assets | 22/27 | €629,026 | €627,010 | -€2,016 | -0.3% |
| Land and buildings | 22 | €575,442 | €546,732 | -€28,710 | -5.0% |
| Plant, machinery and equipment | 23 | €1,402 | €37,652 | +€36,250 | +2,586% |
| Furniture and vehicles | 24 | €52,182 | €42,626 | -€9,556 | -18.3% |
| Current assets | 29/58 | €151,862 | €157,871 | +€6,009 | +4.0% |
| Amounts receivable within one year | 40/41 | €70,261 | €61,156 | -€9,105 | -13.0% |
| Trade receivables | 40 | €53,511 | €54,683 | +€1,172 | +2.2% |
| Other amounts receivable | 41 | €16,750 | €6,473 | -€10,277 | -61.4% |
| Cash at bank and in hand | 54/58 | €81,601 | €96,715 | +€15,114 | +18.5% |
| Total equity and liabilities | 10/49 | €780,888 | €784,881 | +€3,993 | +0.5% |
| Equity | 10/15 | €314,693 | €355,441 | +€40,748 | +12.9% |
| Contributions | 10/11 | €85,000 | €85,000 | = | 0.0% |
| Reserves | 13 | €52,888 | €52,888 | = | 0.0% |
| Tax-exempt reserves | 132 | €52,888 | €52,888 | = | 0.0% |
| Profit (loss) carried forward | 14 | €176,805 | €217,553 | +€40,748 | +23.0% |
| Amounts payable | 17/49 | €466,195 | €429,440 | -€36,755 | -7.9% |
| Amounts payable after more than one year | 17 | €339,512 | €296,529 | -€42,983 | -12.7% |
| Financial debts | 170/4 | €339,512 | €296,529 | -€42,983 | -12.7% |
| Amounts payable within one year | 42/48 | €126,683 | €132,911 | +€6,228 | +4.9% |
| Current portion of amounts payable after more than one year | 42 | €61,060 | - | -€61,060 | |
| Financial debts | 43 | - | €74,960 | +€74,960 | |
| Credit institutions | 430/8 | - | €74,960 | +€74,960 | |
| Trade debts | 44 | €33,568 | €32,800 | -€768 | -2.3% |
| Suppliers | 440/4 | €33,568 | €32,800 | -€768 | -2.3% |
| Taxes, remuneration and social security | 45 | €20,644 | €15,502 | -€5,142 | -24.9% |
| Remuneration and social security | 454/9 | €20,644 | €15,502 | -€5,142 | -24.9% |
| Other amounts payable | 47/48 | €11,411 | €9,649 | -€1,762 | -15.4% |
| Non-recurring operating income | 76A | €164,339 | €62,468 | -€101,871 | -62.0% |
| Remuneration, social security and pensions | 62 | €452,390 | €507,808 | +€55,418 | +12.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €39,299 | €40,500 | +€1,201 | +3.1% |
| Other operating charges | 640/8 | €18,358 | €18,178 | -€180 | -1.0% |
| Gross operating margin | 9900 | €574,091 | €624,676 | +€50,585 | +8.8% |
| Operating profit (loss) | 9901 | €64,044 | €58,190 | -€5,854 | -9.1% |
| Financial income | 75/76B | €4,886 | €2,011 | -€2,875 | -58.8% |
| Recurring financial income | 75 | €4,886 | €2,011 | -€2,875 | -58.8% |
| Financial charges | 65/66B | €15,808 | €18,841 | +€3,033 | +19.2% |
| Recurring financial charges | 65 | €15,808 | €18,841 | +€3,033 | +19.2% |
| Profit (loss) for the period before taxes | 9903 | €53,122 | €41,360 | -€11,762 | -22.1% |
| Income taxes | 67/77 | €20,285 | €612 | -€19,673 | -97.0% |
| Profit (loss) for the period | 9904 | €32,837 | €40,748 | +€7,911 | +24.1% |
| Profit (loss) for the period to be appropriated | 9905 | €32,837 | €40,748 | +€7,911 | +24.1% |
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 14 October 2026 via checked.be.