DECOFA: 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.
DECOFA
Largest movements
- Deferred charges and accrued income +€39,891
up €39,891 (+314.7%), from €12,675 to €52,566
- Receivables within one year -€15,000
no longer reported in 2025 (was €15,000)
- Tangible fixed assets -€8,411
down €8,411 (-5.9%), from €143,110 to €134,699
- Cash -€3,216
down €3,216 (-2.4%), from €135,876 to €132,660
mainly Deferred charges and accrued income (-€39,891)
- Profit (loss) carried forward +€12,776
up €12,776 (+8.6%), from -€149,116 to -€136,340
- Depreciation -€21,369
down €21,369 (-71.8%), from €29,780 to €8,411
- Gross operating margin +€6,360
up €6,360 (+19.0%), from €33,414 to €39,774
- Other operating charges -€6,352
down €6,352 (-26.1%), from €24,355 to €18,003
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 | €306,661 | €319,925 | +€13,264 | +4.3% |
| Fixed assets | 21/28 | €143,110 | €134,699 | -€8,411 | -5.9% |
| Tangible fixed assets | 22/27 | €143,110 | €134,699 | -€8,411 | -5.9% |
| Land and buildings | 22 | €143,110 | €134,699 | -€8,411 | -5.9% |
| Current assets | 29/58 | €163,551 | €185,226 | +€21,675 | +13.3% |
| Amounts receivable within one year | 40/41 | €15,000 | - | -€15,000 | |
| Other amounts receivable | 41 | €15,000 | - | -€15,000 | |
| Cash at bank and in hand | 54/58 | €135,876 | €132,660 | -€3,216 | -2.4% |
| Deferred charges and accrued income | 490/1 | €12,675 | €52,566 | +€39,891 | +314.7% |
| Total equity and liabilities | 10/49 | €306,661 | €319,925 | +€13,264 | +4.3% |
| Equity | 10/15 | €261,661 | €274,437 | +€12,776 | +4.9% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €348,777 | €348,777 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Reserves not available under the articles | 1311 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €342,577 | €342,577 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€149,116 | -€136,340 | +€12,776 | +8.6% |
| Amounts payable | 17/49 | €45,000 | €45,488 | +€488 | +1.1% |
| Amounts payable within one year | 42/48 | €45,000 | €45,488 | +€488 | +1.1% |
| Trade debts | 44 | - | €488 | +€488 | |
| Suppliers | 440/4 | - | €488 | +€488 | |
| Other amounts payable | 47/48 | €45,000 | €45,000 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,780 | €8,411 | -€21,369 | -71.8% |
| Other operating charges | 640/8 | €24,355 | €18,003 | -€6,352 | -26.1% |
| Non-recurring operating charges | 66A | €124,299 | - | -€124,299 | |
| Gross operating margin | 9900 | €33,414 | €39,774 | +€6,360 | +19.0% |
| Operating profit (loss) | 9901 | -€145,020 | €13,360 | +€158,380 | |
| Financial charges | 65/66B | €656 | €584 | -€72 | -11.0% |
| Recurring financial charges | 65 | €656 | €584 | -€72 | -11.0% |
| Profit (loss) for the period before taxes | 9903 | -€145,676 | €12,776 | +€158,452 | |
| Profit (loss) for the period | 9904 | -€145,676 | €12,776 | +€158,452 | |
| Profit (loss) for the period to be appropriated | 9905 | -€145,676 | €12,776 | +€158,452 |
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 3 October 2026 via checked.be.