DECO LAND: 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 LAND
Largest movements
- Current investments +€48,644
up €48,644 (+14.0%), from €346,819 to €395,463
- Tangible fixed assets -€29,172
down €29,172 (-8.9%), from €326,790 to €297,619
of which Plant, machinery and equipment: -€18,772
- Cash +€13,670
up €13,670 (+7.8%), from €174,526 to €188,196
mainly Other debts (+€73,286) and Depreciation (+€32,719)
- Other debts +€73,286
up €73,286 (+12.5%), from €587,127 to €660,413
- Reserves -€50,907
down €50,907 (-46.7%), from €108,897 to €57,990
of which Distributable reserves: -€50,907
- Financial income +€8,929
up €8,929 (+19.9%), from €44,781 to €53,709
of which Financial income: +€13,230
- Financial charges -€4,495
down €4,495 (-6.3%), from €71,191 to €66,696
- Depreciation +€1,674
up €1,674 (+5.4%), from €31,045 to €32,719
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 | €1,268,934 | €1,297,494 | +€28,560 | +2.3% |
| Fixed assets | 21/28 | €739,917 | €710,745 | -€29,172 | -3.9% |
| Tangible fixed assets | 22/27 | €326,790 | €297,619 | -€29,172 | -8.9% |
| Land and buildings | 22 | €172,071 | €166,495 | -€5,575 | -3.2% |
| Plant, machinery and equipment | 23 | €132,761 | €113,989 | -€18,772 | -14.1% |
| Furniture and vehicles | 24 | €21,959 | €17,134 | -€4,825 | -22.0% |
| Financial fixed assets | 28 | €413,126 | €413,126 | = | 0.0% |
| Current assets | 29/58 | €529,018 | €586,750 | +€57,732 | +10.9% |
| Amounts receivable within one year | 40/41 | €7,673 | €3,049 | -€4,624 | -60.3% |
| Trade receivables | 40 | €718 | - | -€718 | |
| Other amounts receivable | 41 | €6,955 | €3,049 | -€3,906 | -56.2% |
| Current investments | 50/53 | €346,819 | €395,463 | +€48,644 | +14.0% |
| Cash at bank and in hand | 54/58 | €174,526 | €188,196 | +€13,670 | +7.8% |
| Deferred charges and accrued income | 490/1 | - | €42 | +€42 | |
| Total equity and liabilities | 10/49 | €1,268,934 | €1,297,494 | +€28,560 | +2.3% |
| Equity | 10/15 | €623,409 | €572,533 | -€50,876 | -8.2% |
| Contributions | 10/11 | €65,000 | €65,000 | = | 0.0% |
| Capital | 10 | €65,000 | €65,000 | = | 0.0% |
| Issued capital | 100 | €65,000 | €65,000 | = | 0.0% |
| Reserves | 13 | €108,897 | €57,990 | -€50,907 | -46.7% |
| Non-distributable reserves | 130/1 | €6,500 | €6,500 | = | 0.0% |
| Legal reserve | 130 | €6,500 | €6,500 | = | 0.0% |
| Tax-exempt reserves | 132 | €1,160 | €1,160 | = | 0.0% |
| Distributable reserves | 133 | €101,237 | €50,330 | -€50,907 | -50.3% |
| Profit (loss) carried forward | 14 | €449,512 | €449,542 | +€31 | 0.0% |
| Amounts payable | 17/49 | €645,525 | €724,962 | +€79,436 | +12.3% |
| Amounts payable within one year | 42/48 | €593,300 | €676,757 | +€83,456 | +14.1% |
| Trade debts | 44 | €1,723 | €255 | -€1,468 | -85.2% |
| Suppliers | 440/4 | €1,723 | €255 | -€1,468 | -85.2% |
| Taxes, remuneration and social security | 45 | €4,450 | €16,089 | +€11,639 | +262% |
| Taxes | 450/3 | €4,450 | €16,089 | +€11,639 | +262% |
| Other amounts payable | 47/48 | €587,127 | €660,413 | +€73,286 | +12.5% |
| Accrued charges and deferred income | 492/3 | €52,225 | €48,205 | -€4,020 | -7.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,045 | €32,719 | +€1,674 | +5.4% |
| Other operating charges | 640/8 | €15,123 | €15,824 | +€701 | +4.6% |
| Gross operating margin | 9900 | €93,670 | €93,683 | +€14 | 0.0% |
| Operating profit (loss) | 9901 | €47,501 | €45,140 | -€2,361 | -5.0% |
| Financial income | 75/76B | €44,781 | €53,709 | +€8,929 | +19.9% |
| Recurring financial income | 75 | €40,479 | €53,709 | +€13,230 | +32.7% |
| Non-recurring financial income | 76B | €4,302 | - | -€4,302 | |
| Financial charges | 65/66B | €71,191 | €66,696 | -€4,495 | -6.3% |
| Recurring financial charges | 65 | €71,191 | €66,696 | -€4,495 | -6.3% |
| Profit (loss) for the period before taxes | 9903 | €21,091 | €32,154 | +€11,063 | +52.5% |
| Income taxes | 67/77 | €9,836 | €8,923 | -€913 | -9.3% |
| Profit (loss) for the period | 9904 | €11,255 | €23,231 | +€11,976 | +106% |
| Profit (loss) for the period to be appropriated | 9905 | €11,255 | €23,231 | +€11,976 | +106% |
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 31 October 2026 via checked.be.