DECO - SYSTEMS: 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 - SYSTEMS
Largest movements
- Tangible fixed assets +€76,069
up €76,069 (+17.8%), from €428,293 to €504,363
of which Furniture and vehicles: +€46,469
- Debts after one year +€47,649
up €47,649 (+36.5%), from €130,689 to €178,338
of which Financial debts: +€47,649
- Trade debts +€33,520
up €33,520 (+308.0%), from €10,882 to €44,401
- Short-term financial debts -€25,000
no longer reported in 2025 (was €25,000)
- Current portion of long-term debt +€12,896
up €12,896 (+94.2%), from €13,687 to €26,582
- Other debts +€8,733
up €8,733 (+99.2%), from €8,806 to €17,539
- Gross operating margin +€17,123
up €17,123 (+42.2%), from €40,552 to €57,675
- Financial charges +€4,499
up €4,499 (+41.5%), from €10,840 to €15,339
- Taxes +€2,424
up €2,424 (+79.2%), from €3,062 to €5,485
- Depreciation +€2,116
up €2,116 (+12.8%), from €16,529 to €18,645
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 | €445,217 | €523,463 | +€78,246 | +17.6% |
| Fixed assets | 21/28 | €428,293 | €504,363 | +€76,069 | +17.8% |
| Tangible fixed assets | 22/27 | €428,293 | €504,363 | +€76,069 | +17.8% |
| Land and buildings | 22 | €406,729 | €433,165 | +€26,436 | +6.5% |
| Plant, machinery and equipment | 23 | €9,674 | €12,838 | +€3,164 | +32.7% |
| Furniture and vehicles | 24 | €11,891 | €58,360 | +€46,469 | +390.8% |
| Current assets | 29/58 | €16,923 | €19,100 | +€2,176 | +12.9% |
| Amounts receivable within one year | 40/41 | €14,165 | €14,117 | -€48 | -0.3% |
| Trade receivables | 40 | €6,764 | €3,103 | -€3,661 | -54.1% |
| Other amounts receivable | 41 | €7,401 | €11,014 | +€3,613 | +48.8% |
| Cash at bank and in hand | 54/58 | €2,759 | €4,983 | +€2,225 | +80.6% |
| Total equity and liabilities | 10/49 | €445,217 | €523,463 | +€78,246 | +17.6% |
| Equity | 10/15 | €249,542 | €256,116 | +€6,574 | +2.6% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €230,992 | €237,566 | +€6,574 | +2.8% |
| Distributable reserves | 133 | €230,992 | €237,566 | +€6,574 | +2.8% |
| Amounts payable | 17/49 | €195,675 | €267,346 | +€71,671 | +36.6% |
| Amounts payable after more than one year | 17 | €130,689 | €178,338 | +€47,649 | +36.5% |
| Financial debts | 170/4 | €6,389 | €54,038 | +€47,649 | +745.8% |
| Other amounts payable | 178/9 | €124,300 | €124,300 | = | 0.0% |
| Amounts payable within one year | 42/48 | €64,986 | €89,008 | +€24,022 | +37.0% |
| Current portion of amounts payable after more than one year | 42 | €13,687 | €26,582 | +€12,896 | +94.2% |
| Financial debts | 43 | €25,000 | - | -€25,000 | |
| Credit institutions | 430/8 | €25,000 | - | -€25,000 | |
| Trade debts | 44 | €10,882 | €44,401 | +€33,520 | +308.0% |
| Suppliers | 440/4 | €10,882 | €44,401 | +€33,520 | +308.0% |
| Taxes, remuneration and social security | 45 | €6,612 | €485 | -€6,126 | -92.7% |
| Taxes | 450/3 | €6,612 | €485 | -€6,126 | -92.7% |
| Other amounts payable | 47/48 | €8,806 | €17,539 | +€8,733 | +99.2% |
| Non-recurring operating income | 76A | - | €413 | +€413 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,529 | €18,645 | +€2,116 | +12.8% |
| Other operating charges | 640/8 | €2,017 | €1,779 | -€238 | -11.8% |
| Gross operating margin | 9900 | €40,552 | €57,675 | +€17,123 | +42.2% |
| Operating profit (loss) | 9901 | €22,006 | €37,252 | +€15,245 | +69.3% |
| Financial charges | 65/66B | €10,840 | €15,339 | +€4,499 | +41.5% |
| Recurring financial charges | 65 | €10,840 | €15,339 | +€4,499 | +41.5% |
| Profit (loss) for the period before taxes | 9903 | €11,167 | €21,912 | +€10,746 | +96.2% |
| Income taxes | 67/77 | €3,062 | €5,485 | +€2,424 | +79.2% |
| Profit (loss) for the period | 9904 | €8,105 | €16,427 | +€8,322 | +102.7% |
| Profit (loss) for the period to be appropriated | 9905 | €8,105 | €16,427 | +€8,322 | +102.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.