DECOCK: 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.
DECOCK
Largest movements
- Cash +€101,481
up €101,481 (+67.0%), from €151,368 to €252,849
mainly Net result for the year (+€101,789) and Depreciation (+€15,965)
- Tangible fixed assets -€15,965
down €15,965 (-42.3%), from €37,785 to €21,820
of which Furniture and vehicles: -€14,586
- Receivables within one year -€15,540
down €15,540 (-56.6%), from €27,441 to €11,901
of which Trade receivables: -€11,650
- Reserves +€75,473
up €75,473 (+14.3%), from €526,257 to €601,730
- Gross operating margin +€66,572
up €66,572 (+67.6%), from €98,475 to €165,047
- Taxes +€21,628
up €21,628 (+80.2%), from €26,962 to €48,590
- Financial income -€3,180
down €3,180 (-43.3%), from €7,340 to €4,160
- Depreciation -€2,878
down €2,878 (-15.3%), from €18,843 to €15,965
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 | €591,804 | €662,871 | +€71,067 | +12.0% |
| Fixed assets | 21/28 | €37,785 | €21,820 | -€15,965 | -42.3% |
| Tangible fixed assets | 22/27 | €37,785 | €21,820 | -€15,965 | -42.3% |
| Plant, machinery and equipment | 23 | €141 | - | -€141 | |
| Furniture and vehicles | 24 | €33,845 | €19,259 | -€14,586 | -43.1% |
| Other tangible fixed assets | 26 | €3,799 | €2,561 | -€1,237 | -32.6% |
| Current assets | 29/58 | €554,018 | €641,050 | +€87,032 | +15.7% |
| Stocks and contracts in progress | 3 | €10,640 | €11,313 | +€673 | +6.3% |
| Stocks | 30/36 | €10,640 | €11,313 | +€673 | +6.3% |
| Amounts receivable within one year | 40/41 | €27,441 | €11,901 | -€15,540 | -56.6% |
| Trade receivables | 40 | €13,289 | €1,640 | -€11,650 | -87.7% |
| Other amounts receivable | 41 | €14,152 | €10,262 | -€3,890 | -27.5% |
| Current investments | 50/53 | €363,543 | €363,918 | +€375 | +0.1% |
| Cash at bank and in hand | 54/58 | €151,368 | €252,849 | +€101,481 | +67.0% |
| Deferred charges and accrued income | 490/1 | €1,026 | €1,069 | +€43 | +4.2% |
| Total equity and liabilities | 10/49 | €591,804 | €662,871 | +€71,067 | +12.0% |
| Equity | 10/15 | €527,507 | €602,980 | +€75,473 | +14.3% |
| Contributions | 10/11 | €1,250 | €1,250 | = | 0.0% |
| Reserves | 13 | €526,257 | €601,730 | +€75,473 | +14.3% |
| Distributable reserves | 133 | €526,257 | €601,730 | +€75,473 | +14.3% |
| Amounts payable | 17/49 | €64,297 | €59,891 | -€4,406 | -6.9% |
| Amounts payable after more than one year | 17 | €12,490 | €6,076 | -€6,414 | -51.4% |
| Financial debts | 170/4 | €12,490 | €6,076 | -€6,414 | -51.4% |
| Amounts payable within one year | 42/48 | €51,807 | €53,815 | +€2,008 | +3.9% |
| Current portion of amounts payable after more than one year | 42 | €10,487 | €6,414 | -€4,074 | -38.8% |
| Trade debts | 44 | €38,149 | €40,400 | +€2,251 | +5.9% |
| Suppliers | 440/4 | €38,149 | €40,400 | +€2,251 | +5.9% |
| Taxes, remuneration and social security | 45 | €359 | €2,145 | +€1,786 | +497.1% |
| Taxes | 450/3 | €359 | €2,145 | +€1,786 | +497.1% |
| Other amounts payable | 47/48 | €2,811 | €4,855 | +€2,045 | +72.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,843 | €15,965 | -€2,878 | -15.3% |
| Other operating charges | 640/8 | €2,073 | €1,862 | -€210 | -10.1% |
| Gross operating margin | 9900 | €98,475 | €165,047 | +€66,572 | +67.6% |
| Operating profit (loss) | 9901 | €77,559 | €147,219 | +€69,660 | +89.8% |
| Financial income | 75/76B | €7,340 | €4,160 | -€3,180 | -43.3% |
| Recurring financial income | 75 | €7,340 | €4,160 | -€3,180 | -43.3% |
| Financial charges | 65/66B | €1,757 | €1,001 | -€756 | -43.0% |
| Recurring financial charges | 65 | €1,757 | €1,001 | -€756 | -43.0% |
| Profit (loss) for the period before taxes | 9903 | €83,142 | €150,379 | +€67,236 | +80.9% |
| Income taxes | 67/77 | €26,962 | €48,590 | +€21,628 | +80.2% |
| Profit (loss) for the period | 9904 | €56,181 | €101,789 | +€45,608 | +81.2% |
| Profit (loss) for the period to be appropriated | 9905 | €56,181 | €101,789 | +€45,608 | +81.2% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.