DECOCK-RE: 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-RE
Largest movements
- Receivables within one year +€72,965
up €72,965 (+14.4%), from €506,582 to €579,547
of which Other amounts receivable: +€111,715
- Tangible fixed assets +€13,730
up €13,730 (+140.7%), from €9,757 to €23,488
of which Other tangible fixed assets: +€14,312
- Cash -€10,940
down €10,940 (-90.1%), from €12,145 to €1,204
mainly Receivables within one year (-€72,965) and Investment in fixed assets (net) (-€23,500)
- Stocks and contracts -€9,662
down €9,662 (-29.6%), from €32,674 to €23,012
- Reserves +€48,830
up €48,830 (+14.2%), from €343,382 to €392,212
- Other debts +€15,000
up €15,000 (+30.0%), from €50,000 to €65,000
- Tax, wage and social debts +€10,154
up €10,154 (+30.8%), from €32,919 to €43,073
- Advances received -€7,875
down €7,875 (-20.0%), from €39,400 to €31,525
- Gross operating margin +€27,679
up €27,679 (+62.3%), from €44,443 to €72,122
- Financial income +€1,663
up €1,663 (+24.9%), from €6,668 to €8,332
- Taxes -€1,322
down €1,322 (-6.5%), from €20,337 to €19,016
- Depreciation +€814
up €814 (+9.1%), from €8,956 to €9,770
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 | €562,944 | €628,125 | +€65,181 | +11.6% |
| Fixed assets | 21/28 | €9,757 | €23,488 | +€13,730 | +140.7% |
| Tangible fixed assets | 22/27 | €9,757 | €23,488 | +€13,730 | +140.7% |
| Plant, machinery and equipment | 23 | €244 | €101 | -€143 | -58.7% |
| Furniture and vehicles | 24 | €9,514 | €9,075 | -€438 | -4.6% |
| Other tangible fixed assets | 26 | - | €14,312 | +€14,312 | |
| Current assets | 29/58 | €553,186 | €604,637 | +€51,451 | +9.3% |
| Stocks and contracts in progress | 3 | €32,674 | €23,012 | -€9,662 | -29.6% |
| Stocks | 30/36 | €32,674 | €23,012 | -€9,662 | -29.6% |
| Amounts receivable within one year | 40/41 | €506,582 | €579,547 | +€72,965 | +14.4% |
| Trade receivables | 40 | €53,750 | €15,000 | -€38,750 | -72.1% |
| Other amounts receivable | 41 | €452,832 | €564,547 | +€111,715 | +24.7% |
| Cash at bank and in hand | 54/58 | €12,145 | €1,204 | -€10,940 | -90.1% |
| Deferred charges and accrued income | 490/1 | €1,786 | €874 | -€912 | -51.1% |
| Total equity and liabilities | 10/49 | €562,944 | €628,125 | +€65,181 | +11.6% |
| Equity | 10/15 | €405,382 | €454,212 | +€48,830 | +12.0% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €343,382 | €392,212 | +€48,830 | +14.2% |
| Distributable reserves | 133 | €343,382 | €392,212 | +€48,830 | +14.2% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €157,561 | €173,913 | +€16,351 | +10.4% |
| Amounts payable within one year | 42/48 | €157,561 | €170,451 | +€12,889 | +8.2% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €35,242 | €30,853 | -€4,389 | -12.5% |
| Suppliers | 440/4 | €35,242 | €30,853 | -€4,389 | -12.5% |
| Advances received on contracts in progress | 46 | €39,400 | €31,525 | -€7,875 | -20.0% |
| Taxes, remuneration and social security | 45 | €32,919 | €43,073 | +€10,154 | +30.8% |
| Taxes | 450/3 | €32,919 | €43,073 | +€10,154 | +30.8% |
| Other amounts payable | 47/48 | €50,000 | €65,000 | +€15,000 | +30.0% |
| Accrued charges and deferred income | 492/3 | - | €3,462 | +€3,462 | |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,956 | €9,770 | +€814 | +9.1% |
| Other operating charges | 640/8 | €1,750 | €1,759 | +€9 | +0.5% |
| Gross operating margin | 9900 | €44,443 | €72,122 | +€27,679 | +62.3% |
| Operating profit (loss) | 9901 | €33,737 | €60,593 | +€26,856 | +79.6% |
| Financial income | 75/76B | €6,668 | €8,332 | +€1,663 | +24.9% |
| Recurring financial income | 75 | €6,668 | €8,332 | +€1,663 | +24.9% |
| Financial charges | 65/66B | €647 | €1,080 | +€433 | +66.8% |
| Recurring financial charges | 65 | €647 | €1,080 | +€433 | +66.8% |
| Profit (loss) for the period before taxes | 9903 | €39,758 | €67,845 | +€28,087 | +70.6% |
| Income taxes | 67/77 | €20,337 | €19,016 | -€1,322 | -6.5% |
| Profit (loss) for the period | 9904 | €19,421 | €48,830 | +€29,409 | +151.4% |
| Profit (loss) for the period to be appropriated | 9905 | €19,421 | €48,830 | +€29,409 | +151.4% |
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 2 October 2026 via checked.be.