DECOBA: 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.
DECOBA
Largest movements
- Tangible fixed assets +€111,024
up €111,024 (+52.1%), from €213,169 to €324,193
of which Other tangible fixed assets: +€111,768
- Cash -€19,385
down €19,385 (-89.9%), from €21,570 to €2,185
mainly Investment in fixed assets (net) (-€126,378) and Contributions, distributions and other (-€1,666)
- Other debts +€87,645
up €87,645 (+340.0%), from €25,778 to €113,424
- Gross operating margin +€13,658
up €13,658 (+305.8%), from €4,466 to €18,124
- Depreciation +€2,482
up €2,482 (+19.3%), from €12,873 to €15,354
- Other operating charges -€229
down €229 (-30.6%), from €749 to €520
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 | €410,739 | €499,453 | +€88,714 | +21.6% |
| Fixed assets | 21/28 | €215,469 | €326,493 | +€111,024 | +51.5% |
| Tangible fixed assets | 22/27 | €213,169 | €324,193 | +€111,024 | +52.1% |
| Land and buildings | 22 | €147,048 | €146,305 | -€744 | -0.5% |
| Other tangible fixed assets | 26 | €66,121 | €177,888 | +€111,768 | +169.0% |
| Financial fixed assets | 28 | €2,300 | €2,300 | = | 0.0% |
| Current assets | 29/58 | €195,270 | €172,960 | -€22,310 | -11.4% |
| Amounts receivable within one year | 40/41 | €99 | €58 | -€41 | -41.5% |
| Other amounts receivable | 41 | €99 | €58 | -€41 | -41.5% |
| Current investments | 50/53 | €172,180 | €169,401 | -€2,779 | -1.6% |
| Cash at bank and in hand | 54/58 | €21,570 | €2,185 | -€19,385 | -89.9% |
| Deferred charges and accrued income | 490/1 | €1,421 | €1,315 | -€106 | -7.4% |
| Total equity and liabilities | 10/49 | €410,739 | €499,453 | +€88,714 | +21.6% |
| Equity | 10/15 | €384,392 | €384,400 | +€9 | 0.0% |
| Contributions | 10/11 | €51,720 | €51,720 | = | 0.0% |
| Reserves | 13 | €332,672 | €332,680 | +€9 | 0.0% |
| Distributable reserves | 133 | €332,672 | €332,680 | +€9 | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €26,347 | €115,052 | +€88,705 | +336.7% |
| Amounts payable within one year | 42/48 | €26,347 | €115,052 | +€88,705 | +336.7% |
| Trade debts | 44 | €569 | €1,484 | +€915 | +160.8% |
| Suppliers | 440/4 | €569 | €1,484 | +€915 | +160.8% |
| Taxes, remuneration and social security | 45 | - | €145 | +€145 | |
| Taxes | 450/3 | - | €145 | +€145 | |
| Other amounts payable | 47/48 | €25,778 | €113,424 | +€87,645 | +340.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,873 | €15,354 | +€2,482 | +19.3% |
| Other operating charges | 640/8 | €749 | €520 | -€229 | -30.6% |
| Gross operating margin | 9900 | €4,466 | €18,124 | +€13,658 | +305.8% |
| Operating profit (loss) | 9901 | -€9,155 | €2,250 | +€11,406 | |
| Financial income | 75/76B | €194 | €76 | -€118 | -61.0% |
| Recurring financial income | 75 | €194 | €76 | -€118 | -61.0% |
| Financial charges | 65/66B | €392 | €484 | +€93 | +23.6% |
| Recurring financial charges | 65 | €392 | €484 | +€93 | +23.6% |
| Profit (loss) for the period before taxes | 9903 | -€9,353 | €1,842 | +€11,195 | |
| Income taxes | 67/77 | - | €167 | +€167 | |
| Profit (loss) for the period | 9904 | -€9,353 | €1,675 | +€11,027 | |
| Profit (loss) for the period to be appropriated | 9905 | -€9,353 | €1,675 | +€11,027 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.