DECO S.E.G.E.- ROM: 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 S.E.G.E.- ROM
Largest movements
- Receivables within one year +€51,229
up €51,229 (+97.9%), from €52,304 to €103,533
of which Trade receivables: +€83,847
- Cash -€16,406
down €16,406 (-68.2%), from €24,039 to €7,633
mainly Receivables within one year (-€51,229) and Investment in fixed assets (net) (-€26,880)
- Tangible fixed assets +€16,235
up €16,235 (+84.5%), from €19,209 to €35,444
of which Leasing and similar rights: +€8,955
- Trade debts +€30,312
up €30,312 (+547%), from €5,543 to €35,855
- Current portion of long-term debt +€5,935
up €5,935 (+138%), from €4,300 to €10,235
- Short-term financial debts +€5,586
new in 2025: €5,586
- Debts after one year +€4,108
up €4,108 (+28.0%), from €14,692 to €18,799
- Tax, wage and social debts +€3,379
up €3,379 (+53.9%), from €6,274 to €9,653
- Gross operating margin -€21,870
down €21,870 (-45.8%), from €47,766 to €25,896
- Write-downs -€14,800
no longer reported in 2025 (was €14,800)
- Depreciation +€8,386
up €8,386 (+371%), from €2,259 to €10,645
- Taxes -€4,613
down €4,613 (-82.9%), from €5,566 to €953
- Financial charges +€1,353
up €1,353 (+29.1%), from €4,644 to €5,997
of which Financial charges: +€1,353
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 | €97,348 | €148,858 | +€51,510 | +52.9% |
| Fixed assets | 21/28 | €19,209 | €35,444 | +€16,235 | +84.5% |
| Tangible fixed assets | 22/27 | €19,209 | €35,444 | +€16,235 | +84.5% |
| Plant, machinery and equipment | 23 | €0 | €7,280 | +€7,280 | |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Leasing and similar rights | 25 | €19,209 | €28,164 | +€8,955 | +46.6% |
| Current assets | 29/58 | €78,138 | €113,414 | +€35,275 | +45.1% |
| Amounts receivable within one year | 40/41 | €52,304 | €103,533 | +€51,229 | +97.9% |
| Trade receivables | 40 | €17,293 | €101,140 | +€83,847 | +485% |
| Other amounts receivable | 41 | €35,012 | €2,393 | -€32,618 | -93.2% |
| Cash at bank and in hand | 54/58 | €24,039 | €7,633 | -€16,406 | -68.2% |
| Deferred charges and accrued income | 490/1 | €1,795 | €2,247 | +€452 | +25.2% |
| Total equity and liabilities | 10/49 | €97,348 | €148,858 | +€51,510 | +52.9% |
| Equity | 10/15 | €61,937 | €63,575 | +€1,638 | +2.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €52,619 | €52,619 | = | 0.0% |
| Tax-exempt reserves | 132 | €8,386 | €8,386 | = | 0.0% |
| Distributable reserves | 133 | €44,232 | €44,232 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,118 | €4,756 | +€1,638 | +52.5% |
| Amounts payable | 17/49 | €35,411 | €85,283 | +€49,873 | +141% |
| Amounts payable after more than one year | 17 | €14,692 | €18,799 | +€4,108 | +28.0% |
| Financial debts | 170/4 | €14,692 | €18,799 | +€4,108 | +28.0% |
| Amounts payable within one year | 42/48 | €20,719 | €66,484 | +€45,765 | +221% |
| Current portion of amounts payable after more than one year | 42 | €4,300 | €10,235 | +€5,935 | +138% |
| Financial debts | 43 | - | €5,586 | +€5,586 | |
| Credit institutions | 430/8 | - | €5,586 | +€5,586 | |
| Trade debts | 44 | €5,543 | €35,855 | +€30,312 | +547% |
| Suppliers | 440/4 | €5,543 | €35,855 | +€30,312 | +547% |
| Taxes, remuneration and social security | 45 | €6,274 | €9,653 | +€3,379 | +53.9% |
| Taxes | 450/3 | €6,274 | €9,653 | +€3,379 | +53.9% |
| Other amounts payable | 47/48 | €4,602 | €5,155 | +€553 | +12.0% |
| Turnover | 70 | €0 | €0 | = | |
| Non-recurring operating income | 76A | €31,000 | - | -€31,000 | |
| Goods, raw materials, services and sundry goods | 60/61 | €0 | €0 | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,259 | €10,645 | +€8,386 | +371% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €14,800 | - | -€14,800 | |
| Other operating charges | 640/8 | €8,491 | €7,454 | -€1,037 | -12.2% |
| Operating charges capitalised as restructuring costs | 649 | - | €0 | = | |
| Gross operating margin | 9900 | €47,766 | €25,896 | -€21,870 | -45.8% |
| Operating profit (loss) | 9901 | €22,216 | €7,797 | -€14,420 | -64.9% |
| Financial income | 75/76B | €1,343 | €791 | -€552 | -41.1% |
| Recurring financial income | 75 | €1,343 | €791 | -€552 | -41.1% |
| Financial charges | 65/66B | €4,644 | €5,997 | +€1,353 | +29.1% |
| Recurring financial charges | 65 | €4,644 | €5,997 | +€1,353 | +29.1% |
| Non-recurring financial charges | 66B | €0 | - | = | |
| Profit (loss) for the period before taxes | 9903 | €18,915 | €2,591 | -€16,324 | -86.3% |
| Income taxes | 67/77 | €5,566 | €953 | -€4,613 | -82.9% |
| Profit (loss) for the period | 9904 | €13,349 | €1,638 | -€11,711 | -87.7% |
| Profit (loss) for the period to be appropriated | 9905 | €13,349 | €1,638 | -€11,711 | -87.7% |
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 15 October 2026 via checked.be.