DECOCK: 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.
DECOCK
Largest movements
- Receivables within one year -€147,905
down €147,905 (-12.2%), from €1.2m to €1.1m
of which Trade receivables: -€157,201
- Cash +€92,082
up €92,082 (+63.5%), from €144,897 to €236,979
mainly Short-term financial debts (+€300,000) and Receivables within one year (+€147,905)
- Tangible fixed assets -€38,738
down €38,738 (-17.4%), from €222,011 to €183,273
of which Furniture and vehicles: -€34,648
- Trade debts -€477,591
down €477,591 (-71.7%), from €666,069 to €188,478
- Short-term financial debts +€300,000
up €300,000 (+240%), from €125,000 to €425,000
- Reserves +€97,344
up €97,344 (+17.3%), from €561,110 to €658,454
of which Distributable reserves: +€97,344
- Debts after one year -€41,400
down €41,400 (-26.7%), from €155,055 to €113,655
- Tax, wage and social debts +€24,992
up €24,992 (+184%), from €13,592 to €38,584
of which Taxes: +€24,908
- Gross operating margin +€59,713
up €59,713 (+30.9%), from €193,262 to €252,975
- Taxes +€15,905
up €15,905 (+75.1%), from €21,167 to €37,072
- Financial charges +€6,100
up €6,100 (+57.6%), from €10,588 to €16,688
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 | €1,651,794 | €1,550,389 | -€101,405 | -6.1% |
| Fixed assets | 21/28 | €223,913 | €185,025 | -€38,888 | -17.4% |
| Tangible fixed assets | 22/27 | €222,011 | €183,273 | -€38,738 | -17.4% |
| Land and buildings | 22 | €33,536 | €29,085 | -€4,451 | -13.3% |
| Plant, machinery and equipment | 23 | €10,230 | €10,591 | +€361 | +3.5% |
| Furniture and vehicles | 24 | €178,245 | €143,597 | -€34,648 | -19.4% |
| Financial fixed assets | 28 | €1,902 | €1,752 | -€150 | -7.9% |
| Current assets | 29/58 | €1,427,881 | €1,365,364 | -€62,517 | -4.4% |
| Stocks and contracts in progress | 3 | €61,236 | €53,676 | -€7,560 | -12.3% |
| Stocks | 30/36 | €61,236 | €53,676 | -€7,560 | -12.3% |
| Amounts receivable within one year | 40/41 | €1,212,144 | €1,064,239 | -€147,905 | -12.2% |
| Trade receivables | 40 | €1,205,356 | €1,048,155 | -€157,201 | -13.0% |
| Other amounts receivable | 41 | €6,788 | €16,084 | +€9,296 | +137% |
| Cash at bank and in hand | 54/58 | €144,897 | €236,979 | +€92,082 | +63.5% |
| Deferred charges and accrued income | 490/1 | €9,604 | €10,470 | +€866 | +9.0% |
| Total equity and liabilities | 10/49 | €1,651,794 | €1,550,389 | -€101,405 | -6.1% |
| Equity | 10/15 | €636,110 | €733,454 | +€97,344 | +15.3% |
| Contributions | 10/11 | €75,000 | €75,000 | = | 0.0% |
| Capital | 10 | €75,000 | €75,000 | = | 0.0% |
| Issued capital | 100 | €75,000 | €75,000 | = | 0.0% |
| Reserves | 13 | €561,110 | €658,454 | +€97,344 | +17.3% |
| Non-distributable reserves | 130/1 | €7,500 | €7,500 | = | 0.0% |
| Legal reserve | 130 | €7,500 | €7,500 | = | 0.0% |
| Distributable reserves | 133 | €553,610 | €650,954 | +€97,344 | +17.6% |
| Amounts payable | 17/49 | €1,015,684 | €816,935 | -€198,749 | -19.6% |
| Amounts payable after more than one year | 17 | €155,055 | €113,655 | -€41,400 | -26.7% |
| Financial debts | 170/4 | €155,055 | €113,655 | -€41,400 | -26.7% |
| Amounts payable within one year | 42/48 | €855,975 | €693,462 | -€162,513 | -19.0% |
| Current portion of amounts payable after more than one year | 42 | €51,314 | €41,400 | -€9,914 | -19.3% |
| Financial debts | 43 | €125,000 | €425,000 | +€300,000 | +240% |
| Credit institutions | 430/8 | €125,000 | €425,000 | +€300,000 | +240% |
| Trade debts | 44 | €666,069 | €188,478 | -€477,591 | -71.7% |
| Suppliers | 440/4 | €666,069 | €188,478 | -€477,591 | -71.7% |
| Taxes, remuneration and social security | 45 | €13,592 | €38,584 | +€24,992 | +184% |
| Taxes | 450/3 | €12,405 | €37,313 | +€24,908 | +201% |
| Remuneration and social security | 454/9 | €1,187 | €1,271 | +€84 | +7.1% |
| Accrued charges and deferred income | 492/3 | €4,654 | €9,818 | +€5,164 | +111% |
| Remuneration, social security and pensions | 62 | €44,560 | €46,694 | +€2,134 | +4.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €40,127 | €41,920 | +€1,793 | +4.5% |
| Other operating charges | 640/8 | €12,030 | €13,527 | +€1,497 | +12.4% |
| Non-recurring operating charges | 66A | €2,495 | - | -€2,495 | |
| Gross operating margin | 9900 | €193,262 | €252,975 | +€59,713 | +30.9% |
| Operating profit (loss) | 9901 | €94,050 | €150,834 | +€56,784 | +60.4% |
| Financial income | 75/76B | €519 | €271 | -€248 | -47.8% |
| Recurring financial income | 75 | €519 | €271 | -€248 | -47.8% |
| Financial charges | 65/66B | €10,588 | €16,688 | +€6,100 | +57.6% |
| Recurring financial charges | 65 | €10,588 | €16,688 | +€6,100 | +57.6% |
| Profit (loss) for the period before taxes | 9903 | €83,981 | €134,417 | +€50,436 | +60.1% |
| Income taxes | 67/77 | €21,167 | €37,072 | +€15,905 | +75.1% |
| Profit (loss) for the period | 9904 | €62,814 | €97,345 | +€34,531 | +55.0% |
| Profit (loss) for the period to be appropriated | 9905 | €62,814 | €97,345 | +€34,531 | +55.0% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.