DECO FACTO: 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 FACTO
Largest movements
- Current investments +€30,468
up €30,468 (+19.8%), from €154,030 to €184,498
- Cash +€5,759
up €5,759 (+6.8%), from €85,046 to €90,805
mainly Net result for the year (+€83,187) and Depreciation (+€5,326)
- Tangible fixed assets -€5,326
down €5,326 (-25.3%), from €21,058 to €15,732
of which Furniture and vehicles: -€3,900
- Reserves +€22,145
up €22,145 (+8.7%), from €255,238 to €277,382
- Tax, wage and social debts +€4,848
up €4,848 (+97.7%), from €4,961 to €9,809
of which Remuneration and social security: +€2,800
- Gross operating margin +€18,674
up €18,674 (+17.0%), from €109,675 to €128,349
- Taxes +€6,073
up €6,073 (+18.2%), from €33,305 to €39,378
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 | €288,853 | €320,056 | +€31,204 | +10.8% |
| Fixed assets | 21/28 | €21,058 | €15,732 | -€5,326 | -25.3% |
| Tangible fixed assets | 22/27 | €21,058 | €15,732 | -€5,326 | -25.3% |
| Plant, machinery and equipment | 23 | €5,581 | €4,155 | -€1,426 | -25.5% |
| Furniture and vehicles | 24 | €15,477 | €11,577 | -€3,900 | -25.2% |
| Current assets | 29/58 | €267,795 | €304,324 | +€36,530 | +13.6% |
| Amounts receivable after more than one year | 29 | €22,500 | €22,500 | = | 0.0% |
| Other amounts receivable | 291 | €22,500 | €22,500 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €4,560 | €4,849 | +€290 | +6.3% |
| Trade receivables | 40 | - | €290 | +€290 | |
| Other amounts receivable | 41 | €4,560 | €4,560 | = | 0.0% |
| Current investments | 50/53 | €154,030 | €184,498 | +€30,468 | +19.8% |
| Cash at bank and in hand | 54/58 | €85,046 | €90,805 | +€5,759 | +6.8% |
| Deferred charges and accrued income | 490/1 | €1,659 | €1,672 | +€13 | +0.8% |
| Total equity and liabilities | 10/49 | €288,853 | €320,056 | +€31,204 | +10.8% |
| Equity | 10/15 | €267,638 | €289,782 | +€22,145 | +8.3% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €255,238 | €277,382 | +€22,145 | +8.7% |
| Distributable reserves | 133 | €255,238 | €277,382 | +€22,145 | +8.7% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €21,215 | €30,274 | +€9,059 | +42.7% |
| Amounts payable within one year | 42/48 | €21,215 | €30,220 | +€9,005 | +42.4% |
| Financial debts | 43 | €8,527 | €10,093 | +€1,566 | +18.4% |
| Credit institutions | 430/8 | €8,527 | €10,093 | +€1,566 | +18.4% |
| Trade debts | 44 | €3,001 | €3,649 | +€648 | +21.6% |
| Suppliers | 440/4 | €3,001 | €3,649 | +€648 | +21.6% |
| Taxes, remuneration and social security | 45 | €4,961 | €9,809 | +€4,848 | +97.7% |
| Taxes | 450/3 | €4,961 | €7,009 | +€2,048 | +41.3% |
| Remuneration and social security | 454/9 | - | €2,800 | +€2,800 | |
| Other amounts payable | 47/48 | €4,726 | €6,670 | +€1,944 | +41.1% |
| Accrued charges and deferred income | 492/3 | - | €54 | +€54 | |
| Non-recurring operating income | 76A | €620 | €0 | -€620 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,408 | €5,326 | +€918 | +20.8% |
| Other operating charges | 640/8 | €666 | €885 | +€218 | +32.8% |
| Gross operating margin | 9900 | €109,675 | €128,349 | +€18,674 | +17.0% |
| Operating profit (loss) | 9901 | €104,601 | €122,139 | +€17,537 | +16.8% |
| Financial income | 75/76B | €2,905 | €3,075 | +€170 | +5.8% |
| Recurring financial income | 75 | €2,905 | €3,075 | +€170 | +5.8% |
| Financial charges | 65/66B | €2,936 | €2,650 | -€286 | -9.7% |
| Recurring financial charges | 65 | €2,936 | €2,650 | -€286 | -9.7% |
| Profit (loss) for the period before taxes | 9903 | €104,571 | €122,564 | +€17,993 | +17.2% |
| Income taxes | 67/77 | €33,305 | €39,378 | +€6,073 | +18.2% |
| Profit (loss) for the period | 9904 | €71,266 | €83,187 | +€11,920 | +16.7% |
| Profit (loss) for the period to be appropriated | 9905 | €71,266 | €83,187 | +€11,920 | +16.7% |
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.