DECOCK Veerle: 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 Veerle
Largest movements
- Current investments +€200,000
up €200,000 (+13.3%), from €1.5m to €1.7m
- Cash -€103,849
down €103,849 (-30.1%), from €344,585 to €240,736
mainly Contributions, distributions and other (-€210,378) and Current investments (-€200,000)
- Tangible fixed assets -€20,916
down €20,916 (-33.0%), from €63,299 to €42,383
of which Furniture and vehicles: -€10,980
- Reserves +€85,673
up €85,673 (+5.6%), from €1.5m to €1.6m
of which Distributable reserves: +€85,673
- Gross operating margin -€49,964
down €49,964 (-9.6%), from €521,114 to €471,150
- Financial income +€8,144
up €8,144 (+38.2%), from €21,322 to €29,465
- Staff costs -€5,405
down €5,405 (-10.4%), from €52,152 to €46,747
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 | €1,907,884 | €1,996,964 | +€89,080 | +4.7% |
| Fixed assets | 21/28 | €63,299 | €42,383 | -€20,916 | -33.0% |
| Tangible fixed assets | 22/27 | €63,299 | €42,383 | -€20,916 | -33.0% |
| Land and buildings | 22 | €4,180 | €9,544 | +€5,364 | +128% |
| Plant, machinery and equipment | 23 | €16,434 | €8,134 | -€8,300 | -50.5% |
| Furniture and vehicles | 24 | €35,685 | €24,705 | -€10,980 | -30.8% |
| Other tangible fixed assets | 26 | €7,000 | - | -€7,000 | |
| Current assets | 29/58 | €1,844,585 | €1,954,581 | +€109,996 | +6.0% |
| Amounts receivable within one year | 40/41 | - | €13,845 | +€13,845 | |
| Other amounts receivable | 41 | - | €13,845 | +€13,845 | |
| Current investments | 50/53 | €1,500,000 | €1,700,000 | +€200,000 | +13.3% |
| Cash at bank and in hand | 54/58 | €344,585 | €240,736 | -€103,849 | -30.1% |
| Total equity and liabilities | 10/49 | €1,907,884 | €1,996,964 | +€89,080 | +4.7% |
| Equity | 10/15 | €1,853,423 | €1,939,096 | +€85,673 | +4.6% |
| Contributions | 10/11 | €324,208 | €324,208 | = | 0.0% |
| Reserves | 13 | €1,529,215 | €1,614,888 | +€85,673 | +5.6% |
| Tax-exempt reserves | 132 | €22,566 | €22,566 | = | 0.0% |
| Distributable reserves | 133 | €1,506,649 | €1,592,322 | +€85,673 | +5.7% |
| Amounts payable | 17/49 | €54,461 | €57,868 | +€3,407 | +6.3% |
| Amounts payable within one year | 42/48 | €54,461 | €57,868 | +€3,407 | +6.3% |
| Financial debts | 43 | - | €148 | +€148 | |
| Other loans | 439 | - | €148 | +€148 | |
| Trade debts | 44 | €28,904 | €42,365 | +€13,461 | +46.6% |
| Suppliers | 440/4 | €28,904 | €42,365 | +€13,461 | +46.6% |
| Taxes, remuneration and social security | 45 | €21,032 | €15,355 | -€5,678 | -27.0% |
| Taxes | 450/3 | €12,948 | €10,519 | -€2,429 | -18.8% |
| Remuneration and social security | 454/9 | €8,085 | €4,836 | -€3,249 | -40.2% |
| Other amounts payable | 47/48 | €4,524 | - | -€4,524 | |
| Remuneration, social security and pensions | 62 | €52,152 | €46,747 | -€5,405 | -10.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,623 | €20,916 | -€3,707 | -15.1% |
| Other operating charges | 640/8 | €203 | - | -€203 | |
| Gross operating margin | 9900 | €521,114 | €471,150 | -€49,964 | -9.6% |
| Operating profit (loss) | 9901 | €444,136 | €403,487 | -€40,649 | -9.2% |
| Financial income | 75/76B | €21,322 | €29,465 | +€8,144 | +38.2% |
| Recurring financial income | 75 | €21,322 | €29,465 | +€8,144 | +38.2% |
| Financial charges | 65/66B | €300 | €2,093 | +€1,793 | +597% |
| Recurring financial charges | 65 | €300 | €2,093 | +€1,793 | +597% |
| Profit (loss) for the period before taxes | 9903 | €465,157 | €430,859 | -€34,298 | -7.4% |
| Income taxes | 67/77 | €136,653 | €134,808 | -€1,846 | -1.4% |
| Profit (loss) for the period | 9904 | €328,504 | €296,052 | -€32,452 | -9.9% |
| Profit (loss) for the period to be appropriated | 9905 | €328,504 | €296,052 | -€32,452 | -9.9% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.