DECO-RENOV: 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-RENOV
Largest movements
- Receivables within one year -€5,670
down €5,670 (-11.4%), from €49,880 to €44,209
of which Other amounts receivable: -€9,794
- Tangible fixed assets -€2,827
down €2,827 (-92.6%), from €3,053 to €226
of which Plant, machinery and equipment: -€2,827
- Tax, wage and social debts -€8,956
down €8,956 (-91.7%), from €9,768 to €813
- Reserves +€2,400
up €2,400 (+9.2%), from €26,186 to €28,586
- Trade debts -€1,912
down €1,912 (-93.9%), from €2,036 to €124
- Gross operating margin +€2,923
up €2,923 (+80.2%), from €3,643 to €6,567
- Other operating charges -€1,605
down €1,605 (-80.1%), from €2,004 to €399
- Depreciation -€694
down €694 (-19.7%), from €3,521 to €2,827
- Taxes +€523
up €523 (+324%), from €161 to €685
- Financial charges -€115
down €115 (-32.8%), from €349 to €235
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 | €56,882 | €48,437 | -€8,445 | -14.8% |
| Fixed assets | 21/28 | €3,053 | €226 | -€2,827 | -92.6% |
| Tangible fixed assets | 22/27 | €3,053 | €226 | -€2,827 | -92.6% |
| Plant, machinery and equipment | 23 | €3,053 | €226 | -€2,827 | -92.6% |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Current assets | 29/58 | €53,829 | €48,211 | -€5,618 | -10.4% |
| Stocks and contracts in progress | 3 | €2,766 | €2,357 | -€410 | -14.8% |
| Stocks | 30/36 | €2,766 | €2,357 | -€410 | -14.8% |
| Amounts receivable within one year | 40/41 | €49,880 | €44,209 | -€5,670 | -11.4% |
| Trade receivables | 40 | €698 | €4,822 | +€4,124 | +591% |
| Other amounts receivable | 41 | €49,182 | €39,388 | -€9,794 | -19.9% |
| Cash at bank and in hand | 54/58 | €170 | €489 | +€319 | +187% |
| Deferred charges and accrued income | 490/1 | €1,013 | €1,156 | +€143 | +14.1% |
| Total equity and liabilities | 10/49 | €56,882 | €48,437 | -€8,445 | -14.8% |
| Equity | 10/15 | €43,027 | €45,450 | +€2,423 | +5.6% |
| Contributions | 10/11 | €19,171 | €19,171 | = | 0.0% |
| Contributions outside capital | 11 | €19,171 | - | -€19,171 | |
| Other | 1109/19 | €19,171 | - | -€19,171 | |
| Reserves | 13 | €26,186 | €28,586 | +€2,400 | +9.2% |
| Distributable reserves | 133 | €26,186 | €28,586 | +€2,400 | +9.2% |
| Profit (loss) carried forward | 14 | -€2,330 | -€2,307 | +€23 | +1.0% |
| Amounts payable | 17/49 | €13,855 | €2,987 | -€10,868 | -78.4% |
| Amounts payable within one year | 42/48 | €13,855 | €2,987 | -€10,868 | -78.4% |
| Trade debts | 44 | €2,036 | €124 | -€1,912 | -93.9% |
| Suppliers | 440/4 | €2,036 | €124 | -€1,912 | -93.9% |
| Taxes, remuneration and social security | 45 | €9,768 | €813 | -€8,956 | -91.7% |
| Taxes | 450/3 | €9,768 | €813 | -€8,956 | -91.7% |
| Other amounts payable | 47/48 | €2,050 | €2,050 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,521 | €2,827 | -€694 | -19.7% |
| Other operating charges | 640/8 | €2,004 | €399 | -€1,605 | -80.1% |
| Gross operating margin | 9900 | €3,643 | €6,567 | +€2,923 | +80.2% |
| Operating profit (loss) | 9901 | -€1,881 | €3,341 | +€5,222 | |
| Financial income | 75/76B | - | €2 | +€2 | |
| Recurring financial income | 75 | - | €2 | +€2 | |
| Financial charges | 65/66B | €349 | €235 | -€115 | -32.8% |
| Recurring financial charges | 65 | €349 | €235 | -€115 | -32.8% |
| Profit (loss) for the period before taxes | 9903 | -€2,231 | €3,108 | +€5,338 | |
| Income taxes | 67/77 | €161 | €685 | +€523 | +324% |
| Profit (loss) for the period | 9904 | -€2,392 | €2,423 | +€4,815 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,392 | €2,423 | +€4,815 |
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.