DECOCK PLANTS: 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 PLANTS
Largest movements
- Receivables within one year +€2.2m
up €2.2m (+133.8%), from €1.7m to €3.9m
of which Trade receivables: +€2.0m
- Financial fixed assets +€329,833
up €329,833 (+128.7%), from €256,263 to €586,096
- Tangible fixed assets -€120,220
down €120,220 (-6.1%), from €2.0m to €1.8m
- Cash -€72,876
down €72,876 (-61.6%), from €118,347 to €45,471
mainly Receivables within one year (-€2.2m) and Investment in fixed assets (net) (-€608,130)
- Other debts +€2.7m
up €2.7m (+307.5%), from €888,376 to €3.6m
- Profit (loss) carried forward -€359,218
down €359,218 (-26.0%), from €1.4m to €1.0m
- Trade debts +€95,958
up €95,958 (+18.9%), from €508,258 to €604,217
- Gross operating margin +€417,993
up €417,993 (+21.1%), from €2.0m to €2.4m
- Staff costs +€226,069
up €226,069 (+10.6%), from €2.1m to €2.4m
- Financial charges -€79,286
down €79,286 (-92.8%), from €85,401 to €6,114
of which Non-recurring financial charges: -€75,983
- Depreciation +€26,383
up €26,383 (+7.1%), from €370,810 to €397,193
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 | €4,802,514 | €7,205,429 | +€2.4m | +50.0% |
| Fixed assets | 21/28 | €2,362,184 | €2,573,121 | +€210,937 | +8.9% |
| Intangible fixed assets | 21 | €143,782 | €145,107 | +€1,325 | +0.9% |
| Tangible fixed assets | 22/27 | €1,962,138 | €1,841,918 | -€120,220 | -6.1% |
| Land and buildings | 22 | €312,905 | €253,169 | -€59,736 | -19.1% |
| Plant, machinery and equipment | 23 | €1,505,722 | €1,447,921 | -€57,801 | -3.8% |
| Furniture and vehicles | 24 | €114,000 | €117,492 | +€3,492 | +3.1% |
| Leasing and similar rights | 25 | €29,512 | €23,336 | -€6,176 | -20.9% |
| Financial fixed assets | 28 | €256,263 | €586,096 | +€329,833 | +128.7% |
| Current assets | 29/58 | €2,440,329 | €4,632,307 | +€2.2m | +89.8% |
| Stocks and contracts in progress | 3 | €576,357 | €594,470 | +€18,113 | +3.1% |
| Stocks | 30/36 | €201,775 | €187,053 | -€14,722 | -7.3% |
| Contracts in progress | 37 | €374,581 | €407,417 | +€32,836 | +8.8% |
| Amounts receivable within one year | 40/41 | €1,680,970 | €3,930,896 | +€2.2m | +133.8% |
| Trade receivables | 40 | €1,672,703 | €3,642,393 | +€2.0m | +117.8% |
| Other amounts receivable | 41 | €8,267 | €288,503 | +€280,236 | +3389.6% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €118,347 | €45,471 | -€72,876 | -61.6% |
| Deferred charges and accrued income | 490/1 | €64,655 | €61,470 | -€3,185 | -4.9% |
| Total equity and liabilities | 10/49 | €4,802,514 | €7,205,429 | +€2.4m | +50.0% |
| Equity | 10/15 | €2,645,278 | €2,286,060 | -€359,218 | -13.6% |
| Contributions | 10/11 | €1,250,824 | €1,250,824 | = | 0.0% |
| Reserves | 13 | €12,000 | €12,000 | = | 0.0% |
| Distributable reserves | 133 | €12,000 | €12,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,382,454 | €1,023,236 | -€359,218 | -26.0% |
| Provisions and deferred taxes | 16 | €2,896 | €2,896 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €2,896 | €2,896 | = | 0.0% |
| Major repairs and maintenance | 162 | €2,896 | €2,896 | = | 0.0% |
| Amounts payable | 17/49 | €2,154,340 | €4,916,473 | +€2.8m | +128.2% |
| Amounts payable after more than one year | 17 | €443,218 | €377,208 | -€66,010 | -14.9% |
| Financial debts | 170/4 | €443,218 | €377,208 | -€66,010 | -14.9% |
| Amounts payable within one year | 42/48 | €1,710,517 | €4,538,736 | +€2.8m | +165.3% |
| Current portion of amounts payable after more than one year | 42 | €65,782 | €66,010 | +€228 | +0.3% |
| Trade debts | 44 | €508,258 | €604,217 | +€95,958 | +18.9% |
| Suppliers | 440/4 | €508,258 | €604,217 | +€95,958 | +18.9% |
| Taxes, remuneration and social security | 45 | €248,100 | €248,474 | +€374 | +0.2% |
| Taxes | 450/3 | €16,306 | €12,080 | -€4,226 | -25.9% |
| Remuneration and social security | 454/9 | €231,794 | €236,394 | +€4,599 | +2.0% |
| Other amounts payable | 47/48 | €888,376 | €3,620,035 | +€2.7m | +307.5% |
| Accrued charges and deferred income | 492/3 | €605 | €529 | -€76 | -12.5% |
| Non-recurring operating income | 76A | €0 | €2,312 | +€2,312 | |
| Remuneration, social security and pensions | 62 | €2,124,578 | €2,350,647 | +€226,069 | +10.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €370,810 | €397,193 | +€26,383 | +7.1% |
| Other operating charges | 640/8 | €17,062 | €10,550 | -€6,513 | -38.2% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €1,977,547 | €2,395,540 | +€417,993 | +21.1% |
| Operating profit (loss) | 9901 | -€534,903 | -€362,849 | +€172,053 | +32.2% |
| Financial income | 75/76B | €27,562 | €9,177 | -€18,385 | -66.7% |
| Recurring financial income | 75 | €27,562 | €9,177 | -€18,385 | -66.7% |
| Financial charges | 65/66B | €85,401 | €6,114 | -€79,286 | -92.8% |
| Recurring financial charges | 65 | €9,417 | €6,114 | -€3,303 | -35.1% |
| Non-recurring financial charges | 66B | €75,983 | €0 | -€75,983 | -100.0% |
| Profit (loss) for the period before taxes | 9903 | -€592,741 | -€359,787 | +€232,955 | +39.3% |
| Income taxes | 67/77 | €1,915 | -€569 | -€2,483 | |
| Profit (loss) for the period | 9904 | -€594,656 | -€359,218 | +€235,438 | +39.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€594,656 | -€359,218 | +€235,438 | +39.6% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.