DECO VELEZ: 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 VELEZ
Largest movements
- Current assets +€15,969
up €15,969 (+29.5%), from €54,192 to €70,161
of which Receivables within one year: +€17,121
- Tangible fixed assets -€10,260
down €10,260 (-40.8%), from €25,118 to €14,858
- Equity +€34,469
up €34,469 (+151%), from €22,768 to €57,237
of which Profit (loss) carried forward: +€34,469
- Debts within one year -€28,805
down €28,805 (-50.9%), from €56,642 to €27,837
- Gross operating margin +€74,970
up €74,970, from -€22,917 to €52,053
- Taxes +€6,824
up €6,824, from -€2,592 to €4,232
- Depreciation -€1,496
down €1,496 (-10.7%), from €13,941 to €12,445
- Other operating charges +€750
new in 2021: €750
From the 2020 result to the 2021 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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2020 | 2021 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €79,409 | €85,074 | +€5,665 | +7.1% |
| Fixed assets | 21/28 | €25,218 | €14,913 | -€10,305 | -40.9% |
| Tangible fixed assets | 22/27 | €25,118 | €14,858 | -€10,260 | -40.8% |
| Leasing and similar rights | 25 | - | €14,858 | +€14,858 | |
| Financial fixed assets | 28 | €100 | €55 | -€45 | -44.9% |
| Current assets | 29/58 | €54,192 | €70,161 | +€15,969 | +29.5% |
| Amounts receivable within one year | 40/41 | €50,578 | €67,699 | +€17,121 | +33.9% |
| Trade receivables | 40 | - | €41,535 | +€41,535 | |
| Other amounts receivable | 41 | - | €26,164 | +€26,164 | |
| Cash at bank and in hand | 54/58 | €3,097 | €1,907 | -€1,190 | -38.4% |
| Deferred charges and accrued income | 490/1 | - | €555 | +€555 | |
| Total equity and liabilities | 10/49 | €79,409 | €85,074 | +€5,665 | +7.1% |
| Equity | 10/15 | €22,768 | €57,237 | +€34,469 | +151% |
| Contributions | 10/11 | - | €6,200 | +€6,200 | |
| Contributions outside capital | 11 | - | €6,200 | +€6,200 | |
| Other | 1109/19 | - | €6,200 | +€6,200 | |
| Profit (loss) carried forward | 14 | €16,568 | €51,037 | +€34,469 | +208% |
| Amounts payable | 17/49 | €56,642 | €27,837 | -€28,805 | -50.9% |
| Amounts payable within one year | 42/48 | €56,642 | €27,837 | -€28,805 | -50.9% |
| Trade debts | 44 | €19,542 | €18,158 | -€1,384 | -7.1% |
| Suppliers | 440/4 | - | €18,158 | +€18,158 | |
| Taxes, remuneration and social security | 45 | - | €9,445 | +€9,445 | |
| Taxes | 450/3 | - | €4,232 | +€4,232 | |
| Remuneration and social security | 454/9 | - | €5,213 | +€5,213 | |
| Other amounts payable | 47/48 | - | €234 | +€234 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,941 | €12,445 | -€1,496 | -10.7% |
| Other operating charges | 640/8 | - | €750 | +€750 | |
| Gross operating margin | 9900 | -€22,917 | €52,053 | +€74,970 | |
| Operating profit (loss) | 9901 | -€38,344 | €38,858 | +€77,202 | |
| Financial income | 75/76B | - | €41 | +€41 | |
| Recurring financial income | 75 | €1,051 | €41 | -€1,010 | -96.1% |
| Financial charges | 65/66B | - | €198 | +€198 | |
| Recurring financial charges | 65 | €156 | €198 | +€42 | +27.0% |
| Profit (loss) for the period before taxes | 9903 | -€37,449 | €38,701 | +€76,150 | |
| Income taxes | 67/77 | -€2,592 | €4,232 | +€6,824 | |
| Profit (loss) for the period | 9904 | -€34,857 | €34,469 | +€69,326 | |
| Profit (loss) for the period to be appropriated | 9905 | -€34,857 | €34,469 | +€69,326 |
Source: filed annual accounts (NBB), financial years ended 31 December 2020 and 31 December 2021. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.