DECO VAN AL: 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 VAN AL
Largest movements
- Tangible fixed assets -€21,363
down €21,363 (-5.5%), from €385,537 to €364,174
of which Land and buildings: -€14,625
- Cash +€7,694
up €7,694 (+52.5%), from €14,654 to €22,348
mainly Depreciation (+€21,363) and Trade debts (+€8,470)
- Receivables within one year -€4,514
down €4,514 (-15.0%), from €30,025 to €25,511
of which Trade receivables: -€2,675
- Debts after one year -€24,853
down €24,853 (-7.9%), from €313,319 to €288,466
of which Financial debts: -€24,853
- Trade debts +€8,470
up €8,470 (+117%), from €7,245 to €15,715
- Gross operating margin -€15,098
down €15,098 (-25.6%), from €59,038 to €43,940
- Write-downs -€7,866
down €7,866 (-86.0%), from €9,144 to €1,278
- Taxes -€2,869
down €2,869 (-61.4%), from €4,669 to €1,801
- Other operating charges +€1,872
up €1,872 (+108%), from €1,734 to €3,606
- Financial charges -€1,373
down €1,373 (-9.5%), from €14,496 to €13,122
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 | €431,010 | €412,872 | -€18,137 | -4.2% |
| Fixed assets | 21/28 | €385,537 | €364,174 | -€21,363 | -5.5% |
| Tangible fixed assets | 22/27 | €385,537 | €364,174 | -€21,363 | -5.5% |
| Land and buildings | 22 | €361,958 | €347,333 | -€14,625 | -4.0% |
| Furniture and vehicles | 24 | €23,580 | €16,841 | -€6,738 | -28.6% |
| Current assets | 29/58 | €45,472 | €48,698 | +€3,226 | +7.1% |
| Amounts receivable within one year | 40/41 | €30,025 | €25,511 | -€4,514 | -15.0% |
| Trade receivables | 40 | €24,143 | €21,467 | -€2,675 | -11.1% |
| Other amounts receivable | 41 | €5,883 | €4,044 | -€1,839 | -31.3% |
| Cash at bank and in hand | 54/58 | €14,654 | €22,348 | +€7,694 | +52.5% |
| Deferred charges and accrued income | 490/1 | €793 | €839 | +€46 | +5.8% |
| Total equity and liabilities | 10/49 | €431,010 | €412,872 | -€18,137 | -4.2% |
| Equity | 10/15 | €72,642 | €75,594 | +€2,952 | +4.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €66,442 | €69,394 | +€2,952 | +4.4% |
| Distributable reserves | 133 | €66,442 | €69,394 | +€2,952 | +4.4% |
| Amounts payable | 17/49 | €358,368 | €337,279 | -€21,089 | -5.9% |
| Amounts payable after more than one year | 17 | €313,319 | €288,466 | -€24,853 | -7.9% |
| Financial debts | 170/4 | €306,117 | €281,264 | -€24,853 | -8.1% |
| Other amounts payable | 178/9 | €7,202 | €7,202 | = | 0.0% |
| Amounts payable within one year | 42/48 | €44,662 | €48,813 | +€4,151 | +9.3% |
| Current portion of amounts payable after more than one year | 42 | €24,078 | €24,853 | +€775 | +3.2% |
| Trade debts | 44 | €7,245 | €15,715 | +€8,470 | +117% |
| Suppliers | 440/4 | €7,245 | €15,715 | +€8,470 | +117% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €7,851 | €5,473 | -€2,379 | -30.3% |
| Taxes | 450/3 | €7,851 | €3,672 | -€4,180 | -53.2% |
| Remuneration and social security | 454/9 | - | €1,801 | +€1,801 | |
| Other amounts payable | 47/48 | €5,488 | €2,772 | -€2,715 | -49.5% |
| Accrued charges and deferred income | 492/3 | €387 | €0 | -€387 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,118 | €21,363 | +€245 | +1.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €9,144 | €1,278 | -€7,866 | -86.0% |
| Other operating charges | 640/8 | €1,734 | €3,606 | +€1,872 | +108% |
| Gross operating margin | 9900 | €59,038 | €43,940 | -€15,098 | -25.6% |
| Operating profit (loss) | 9901 | €27,042 | €17,693 | -€9,349 | -34.6% |
| Financial income | 75/76B | - | €182 | +€182 | |
| Recurring financial income | 75 | - | €182 | +€182 | |
| Financial charges | 65/66B | €14,496 | €13,122 | -€1,373 | -9.5% |
| Recurring financial charges | 65 | €14,496 | €13,122 | -€1,373 | -9.5% |
| Profit (loss) for the period before taxes | 9903 | €12,546 | €4,753 | -€7,793 | -62.1% |
| Income taxes | 67/77 | €4,669 | €1,801 | -€2,869 | -61.4% |
| Profit (loss) for the period | 9904 | €7,877 | €2,952 | -€4,925 | -62.5% |
| Profit (loss) for the period to be appropriated | 9905 | €7,877 | €2,952 | -€4,925 | -62.5% |
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 27 October 2026 via checked.be.