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DECOENE: 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.

What changed

DECOENE

BE 0444.561.886
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€42,358
2024 · -€34,429-€7,929
Equity
€451,417
2024 · €574,970-€123,553
Cash
€77,756
2024 · €180,599-€102,843
Balance sheet total
€512,730
2024 · €637,178-€124,448

Largest movements

2024 to 2025
Assets
  • Cash -€102,843

    down €102,843 (-56.9%), from €180,599 to €77,756

    mainly Contributions, distributions and other (-€81,196) and Net result for the year (-€42,358)

  • Tangible fixed assets -€16,758

    down €16,758 (-3.8%), from €437,280 to €420,522

    of which Land and buildings: -€16,834

  • Receivables within one year -€6,476

    down €6,476 (-33.6%), from €19,299 to €12,823

    of which Trade receivables: -€10,234

Equity and liabilities
  • Reserves -€80,174

    down €80,174 (-15.9%), from €504,899 to €424,725

    of which Distributable reserves: -€81,195

  • Profit (loss) carried forward -€43,379

    down €43,379 (-84.7%), from €51,227 to €7,848

Income statement
  • Gross operating margin +€6,182

    up €6,182 (+261.2%), from €2,367 to €8,549

  • Depreciation +€5,995

    up €5,995 (+16.2%), from €36,946 to €42,941

  • Other operating charges +€4,536

    up €4,536 (+147.7%), from €3,070 to €7,606

  • Financial income +€263

    up €263 (+60.6%), from €434 to €697

  • Taxes +€256

    up €256 (+62.0%), from €413 to €669

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 -€34,429
Gross operating margin +€6,182
Depreciation -€5,995
Other operating charges -€4,536
Financial income +€263
Financial charges -€9
Taxes -€256
Deferred taxes and other -€3,579
Result 2025 -€42,358

Cash bridge derived

cash 2024 to 2025

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.

From operations +€4,535
Investment -€26,183
Financing -€81,196
Cash 2024 €180,599
Net result for the year -€42,358
Depreciation +€42,941
Receivables after one year -€1,000
Receivables within one year +€6,476
Deferred charges and accrued income -€629
Provisions +€341
Trade debts +€231
Tax, wage and social debts +€177
Other debts -€2,542
Accrued charges and deferred income +€899
Investment in fixed assets (net) -€26,183
Contributions, distributions and other -€81,196
Cash 2025 €77,756
Every line side by side 48 lines
Line Code 2024 2025 Change %
Total assets 20/58 €637,178 €512,730 -€124,448 -19.5%
Fixed assets 21/28 €437,280 €420,522 -€16,758 -3.8%
Tangible fixed assets 22/27 €437,280 €420,522 -€16,758 -3.8%
Land and buildings 22 €434,884 €418,050 -€16,834 -3.9%
Plant, machinery and equipment 23 €2,396 €1,198 -€1,198 -50.0%
Furniture and vehicles 24 - €1,275 +€1,275
Current assets 29/58 €199,898 €92,208 -€107,690 -53.9%
Amounts receivable after more than one year 29 - €1,000 +€1,000
Other amounts receivable 291 - €1,000 +€1,000
Amounts receivable within one year 40/41 €19,299 €12,823 -€6,476 -33.6%
Trade receivables 40 €10,234 €0 -€10,234 -100.0%
Other amounts receivable 41 €9,065 €12,823 +€3,758 +41.5%
Cash at bank and in hand 54/58 €180,599 €77,756 -€102,843 -56.9%
Deferred charges and accrued income 490/1 - €629 +€629
Total equity and liabilities 10/49 €637,178 €512,730 -€124,448 -19.5%
Equity 10/15 €574,970 €451,417 -€123,553 -21.5%
Contributions 10/11 €18,844 €18,844 -€0 0.0%
Reserves 13 €504,899 €424,725 -€80,174 -15.9%
Tax-exempt reserves 132 €174,829 €175,850 +€1,021 +0.6%
Distributable reserves 133 €330,070 €248,875 -€81,195 -24.6%
Profit (loss) carried forward 14 €51,227 €7,848 -€43,379 -84.7%
Provisions and deferred taxes 16 €58,276 €58,617 +€341 +0.6%
Deferred taxes 168 €58,276 €58,617 +€341 +0.6%
Amounts payable 17/49 €3,932 €2,697 -€1,235 -31.4%
Amounts payable within one year 42/48 €3,932 €1,798 -€2,134 -54.3%
Trade debts 44 €1,390 €1,621 +€231 +16.6%
Suppliers 440/4 €1,390 €1,621 +€231 +16.6%
Taxes, remuneration and social security 45 - €177 +€177
Taxes 450/3 - €177 +€177
Other amounts payable 47/48 €2,542 €0 -€2,542 -100.0%
Accrued charges and deferred income 492/3 - €899 +€899
Non-recurring operating income 76A - €330 +€330
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €36,946 €42,941 +€5,995 +16.2%
Other operating charges 640/8 €3,070 €7,606 +€4,536 +147.7%
Gross operating margin 9900 €2,367 €8,549 +€6,182 +261.2%
Operating profit (loss) 9901 -€37,649 -€41,997 -€4,348 -11.5%
Financial income 75/76B €434 €697 +€263 +60.6%
Recurring financial income 75 €434 €697 +€263 +60.6%
Financial charges 65/66B €39 €48 +€9 +22.5%
Recurring financial charges 65 €39 €48 +€9 +22.5%
Profit (loss) for the period before taxes 9903 -€37,254 -€41,348 -€4,094 -11.0%
Transfer from deferred taxes 780 €3,238 €5,342 +€2,104 +65.0%
Transfer to deferred taxes 680 - €5,682 +€5,682
Income taxes 67/77 €413 €669 +€256 +62.0%
Profit (loss) for the period 9904 -€34,429 -€42,358 -€7,929 -23.0%
Transfer from tax-exempt reserves 789 €9,712 €16,025 +€6,313 +65.0%
Transfer to tax-exempt reserves 689 - €17,046 +€17,046
Profit (loss) for the period to be appropriated 9905 -€24,717 -€43,380 -€18,663 -75.5%

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 28 September 2026 via checked.be.