DECO NOVA: 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 NOVA
Largest movements
- Cash -€24,496
down €24,496 (-41.1%), from €59,613 to €35,117
mainly Other debts (-€29,202) and Receivables within one year (-€5,060)
- Tangible fixed assets -€12,288
down €12,288 (-24.5%), from €50,086 to €37,798
of which Furniture and vehicles: -€10,750
- Receivables within one year +€5,060
up €5,060 (+70.4%), from €7,186 to €12,246
of which Trade receivables: +€2,920
- Other debts -€29,202
down €29,202 (-64.6%), from €45,228 to €16,025
- Trade debts -€1,775
down €1,775 (-52.1%), from €3,404 to €1,629
- Accrued charges and deferred income -€1,546
down €1,546 (-44.5%), from €3,476 to €1,930
- Gross operating margin -€16,594
down €16,594 (-47.1%), from €35,194 to €18,600
- Taxes -€2,883
down €2,883, from €2,875 to -€8
- Financial charges -€1,545
down €1,545 (-43.5%), from €3,553 to €2,008
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 | €121,625 | €89,200 | -€32,426 | -26.7% |
| Fixed assets | 21/28 | €50,086 | €37,798 | -€12,288 | -24.5% |
| Tangible fixed assets | 22/27 | €50,086 | €37,798 | -€12,288 | -24.5% |
| Plant, machinery and equipment | 23 | €3,600 | €2,062 | -€1,538 | -42.7% |
| Furniture and vehicles | 24 | €46,486 | €35,736 | -€10,750 | -23.1% |
| Current assets | 29/58 | €71,540 | €51,401 | -€20,138 | -28.1% |
| Stocks and contracts in progress | 3 | €4,353 | €3,643 | -€710 | -16.3% |
| Stocks | 30/36 | €3,603 | €2,893 | -€710 | -19.7% |
| Contracts in progress | 37 | €750 | €750 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €7,186 | €12,246 | +€5,060 | +70.4% |
| Trade receivables | 40 | - | €2,920 | +€2,920 | |
| Other amounts receivable | 41 | €7,186 | €9,327 | +€2,140 | +29.8% |
| Cash at bank and in hand | 54/58 | €59,613 | €35,117 | -€24,496 | -41.1% |
| Deferred charges and accrued income | 490/1 | €387 | €395 | +€8 | +2.0% |
| Total equity and liabilities | 10/49 | €121,625 | €89,200 | -€32,426 | -26.7% |
| Equity | 10/15 | €69,113 | €69,210 | +€97 | +0.1% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €44,111 | €44,111 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,500 | €2,500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,500 | €2,500 | = | 0.0% |
| Tax-exempt reserves | 132 | €3,568 | €3,568 | = | 0.0% |
| Distributable reserves | 133 | €38,043 | €38,043 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2 | €99 | +€97 | +5559.4% |
| Amounts payable | 17/49 | €52,513 | €19,990 | -€32,523 | -61.9% |
| Amounts payable within one year | 42/48 | €49,036 | €18,059 | -€30,977 | -63.2% |
| Trade debts | 44 | €3,404 | €1,629 | -€1,775 | -52.1% |
| Suppliers | 440/4 | €3,404 | €1,629 | -€1,775 | -52.1% |
| Taxes, remuneration and social security | 45 | €405 | €405 | = | 0.0% |
| Taxes | 450/3 | €405 | €405 | = | 0.0% |
| Other amounts payable | 47/48 | €45,228 | €16,025 | -€29,202 | -64.6% |
| Accrued charges and deferred income | 492/3 | €3,476 | €1,930 | -€1,546 | -44.5% |
| Non-recurring operating income | 76A | €2,715 | - | -€2,715 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,931 | €15,871 | -€60 | -0.4% |
| Other operating charges | 640/8 | €943 | €968 | +€25 | +2.6% |
| Gross operating margin | 9900 | €35,194 | €18,600 | -€16,594 | -47.1% |
| Operating profit (loss) | 9901 | €18,321 | €1,762 | -€16,559 | -90.4% |
| Financial income | 75/76B | €587 | €336 | -€251 | -42.8% |
| Recurring financial income | 75 | €587 | €336 | -€251 | -42.8% |
| Financial charges | 65/66B | €3,553 | €2,008 | -€1,545 | -43.5% |
| Recurring financial charges | 65 | €3,553 | €2,008 | -€1,545 | -43.5% |
| Profit (loss) for the period before taxes | 9903 | €15,355 | €89 | -€15,266 | -99.4% |
| Income taxes | 67/77 | €2,875 | -€8 | -€2,883 | |
| Profit (loss) for the period | 9904 | €12,480 | €97 | -€12,383 | -99.2% |
| Profit (loss) for the period to be appropriated | 9905 | €12,480 | €97 | -€12,383 | -99.2% |
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 5 October 2026 via checked.be.