DECODEMAN: 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.
DECODEMAN
Largest movements
- Cash +€24,808
up €24,808 (+196%), from €12,661 to €37,468
mainly Net result for the year (+€15,202) and Depreciation (+€6,843)
- Tangible fixed assets -€5,649
down €5,649 (-28.1%), from €20,132 to €14,484
of which Furniture and vehicles: -€5,181
- Stocks and contracts -€5,000
down €5,000 (-8.9%), from €56,000 to €51,000
- Deferred charges and accrued income -€1,874
no longer reported in 2025 (was €1,874)
- Profit (loss) carried forward +€15,202
up €15,202 (+45.4%), from -€33,453 to -€18,250
- Reserves -€4,851
down €4,851 (-52.3%), from €9,275 to €4,425
- Trade debts +€3,159
up €3,159, from €0 to €3,159
- Tax, wage and social debts -€1,641
down €1,641 (-27.9%), from €5,878 to €4,237
- Gross operating margin +€2,879
up €2,879 (+13.9%), from €20,666 to €23,545
- Financial charges +€326
up €326 (+205%), from €159 to €485
- Depreciation +€247
up €247 (+3.7%), from €6,596 to €6,843
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 | €90,881 | €102,952 | +€12,071 | +13.3% |
| Fixed assets | 21/28 | €20,132 | €14,484 | -€5,649 | -28.1% |
| Tangible fixed assets | 22/27 | €20,132 | €14,484 | -€5,649 | -28.1% |
| Plant, machinery and equipment | 23 | €1,305 | €837 | -€468 | -35.9% |
| Furniture and vehicles | 24 | €18,827 | €13,647 | -€5,181 | -27.5% |
| Current assets | 29/58 | €70,748 | €88,468 | +€17,720 | +25.0% |
| Stocks and contracts in progress | 3 | €56,000 | €51,000 | -€5,000 | -8.9% |
| Stocks | 30/36 | €56,000 | €51,000 | -€5,000 | -8.9% |
| Amounts receivable within one year | 40/41 | €213 | - | -€213 | |
| Other amounts receivable | 41 | €213 | - | -€213 | |
| Cash at bank and in hand | 54/58 | €12,661 | €37,468 | +€24,808 | +196% |
| Deferred charges and accrued income | 490/1 | €1,874 | - | -€1,874 | |
| Total equity and liabilities | 10/49 | €90,881 | €102,952 | +€12,071 | +13.3% |
| Equity | 10/15 | €65,823 | €76,175 | +€10,352 | +15.7% |
| Contributions | 10/11 | €90,000 | €90,000 | = | 0.0% |
| Reserves | 13 | €9,275 | €4,425 | -€4,851 | -52.3% |
| Distributable reserves | 133 | €9,275 | €4,425 | -€4,851 | -52.3% |
| Profit (loss) carried forward | 14 | -€33,453 | -€18,250 | +€15,202 | +45.4% |
| Amounts payable | 17/49 | €25,058 | €26,777 | +€1,720 | +6.9% |
| Amounts payable within one year | 42/48 | €25,058 | €26,777 | +€1,720 | +6.9% |
| Trade debts | 44 | €0 | €3,159 | +€3,159 | |
| Suppliers | 440/4 | €0 | €3,159 | +€3,159 | |
| Taxes, remuneration and social security | 45 | €5,878 | €4,237 | -€1,641 | -27.9% |
| Taxes | 450/3 | €5,878 | €4,237 | -€1,641 | -27.9% |
| Other amounts payable | 47/48 | €19,180 | €19,382 | +€202 | +1.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,596 | €6,843 | +€247 | +3.7% |
| Other operating charges | 640/8 | €826 | €941 | +€114 | +13.9% |
| Gross operating margin | 9900 | €20,666 | €23,545 | +€2,879 | +13.9% |
| Operating profit (loss) | 9901 | €13,244 | €15,761 | +€2,517 | +19.0% |
| Financial income | 75/76B | €125 | €63 | -€62 | -49.7% |
| Recurring financial income | 75 | €125 | €63 | -€62 | -49.7% |
| Financial charges | 65/66B | €159 | €485 | +€326 | +205% |
| Recurring financial charges | 65 | €159 | €485 | +€326 | +205% |
| Profit (loss) for the period before taxes | 9903 | €13,210 | €15,339 | +€2,129 | +16.1% |
| Income taxes | 67/77 | €70 | €137 | +€66 | +94.2% |
| Profit (loss) for the period | 9904 | €13,140 | €15,202 | +€2,062 | +15.7% |
| Profit (loss) for the period to be appropriated | 9905 | €13,140 | €15,202 | +€2,062 | +15.7% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.