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
- Cash +€24,504
up €24,504 (+149.6%), from €16,380 to €40,884
mainly Depreciation (+€31,869) and Net result for the year (+€22,855)
- Tangible fixed assets -€15,061
down €15,061 (-4.1%), from €367,624 to €352,563
of which Furniture and vehicles: -€14,802
- Reserves +€20,000
up €20,000 (+16.5%), from €121,557 to €141,557
- Debts after one year -€9,800
down €9,800 (-5.4%), from €180,260 to €170,461
of which Financial debts: -€9,800
- Other debts -€5,243
down €5,243 (-20.4%), from €25,753 to €20,510
- Gross operating margin +€8,000
up €8,000 (+11.7%), from €68,163 to €76,163
- Taxes +€2,126
up €2,126 (+19.3%), from €11,026 to €13,151
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 | €393,047 | €402,469 | +€9,422 | +2.4% |
| Fixed assets | 21/28 | €367,624 | €352,563 | -€15,061 | -4.1% |
| Tangible fixed assets | 22/27 | €367,624 | €352,563 | -€15,061 | -4.1% |
| Land and buildings | 22 | €332,236 | €332,831 | +€595 | +0.2% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €28,506 | €13,704 | -€14,802 | -51.9% |
| Other tangible fixed assets | 26 | €6,882 | €6,028 | -€855 | -12.4% |
| Current assets | 29/58 | €25,422 | €49,906 | +€24,484 | +96.3% |
| Amounts receivable within one year | 40/41 | €7,652 | €7,567 | -€85 | -1.1% |
| Trade receivables | 40 | €6,544 | €7,563 | +€1,019 | +15.6% |
| Other amounts receivable | 41 | €1,108 | €4 | -€1,104 | -99.6% |
| Cash at bank and in hand | 54/58 | €16,380 | €40,884 | +€24,504 | +149.6% |
| Deferred charges and accrued income | 490/1 | €1,390 | €1,455 | +€64 | +4.6% |
| Total equity and liabilities | 10/49 | €393,047 | €402,469 | +€9,422 | +2.4% |
| Equity | 10/15 | €175,350 | €198,206 | +€22,855 | +13.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €121,557 | €141,557 | +€20,000 | +16.5% |
| Distributable reserves | 133 | €121,557 | €141,557 | +€20,000 | +16.5% |
| Profit (loss) carried forward | 14 | €47,593 | €50,448 | +€2,855 | +6.0% |
| Amounts payable | 17/49 | €217,696 | €204,263 | -€13,433 | -6.2% |
| Amounts payable after more than one year | 17 | €180,260 | €170,461 | -€9,800 | -5.4% |
| Financial debts | 170/4 | €40,260 | €30,461 | -€9,800 | -24.3% |
| Other amounts payable | 178/9 | €140,000 | €140,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €37,186 | €33,552 | -€3,634 | -9.8% |
| Current portion of amounts payable after more than one year | 42 | €11,002 | €9,800 | -€1,202 | -10.9% |
| Trade debts | 44 | €140 | €1,515 | +€1,375 | +982.4% |
| Suppliers | 440/4 | €140 | €1,515 | +€1,375 | +982.4% |
| Taxes, remuneration and social security | 45 | €291 | €1,728 | +€1,437 | +493.3% |
| Taxes | 450/3 | €291 | €1,728 | +€1,437 | +493.3% |
| Other amounts payable | 47/48 | €25,753 | €20,510 | -€5,243 | -20.4% |
| Accrued charges and deferred income | 492/3 | €250 | €250 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,398 | €31,869 | +€471 | +1.5% |
| Other operating charges | 640/8 | €3,803 | €4,210 | +€407 | +10.7% |
| Gross operating margin | 9900 | €68,163 | €76,163 | +€8,000 | +11.7% |
| Operating profit (loss) | 9901 | €32,962 | €40,084 | +€7,121 | +21.6% |
| Financial income | 75/76B | €417 | €3 | -€414 | -99.3% |
| Recurring financial income | 75 | €417 | €3 | -€414 | -99.3% |
| Financial charges | 65/66B | €4,378 | €4,080 | -€297 | -6.8% |
| Recurring financial charges | 65 | €4,378 | €4,080 | -€297 | -6.8% |
| Profit (loss) for the period before taxes | 9903 | €29,001 | €36,006 | +€7,005 | +24.2% |
| Income taxes | 67/77 | €11,026 | €13,151 | +€2,126 | +19.3% |
| Profit (loss) for the period | 9904 | €17,976 | €22,855 | +€4,880 | +27.1% |
| Profit (loss) for the period to be appropriated | 9905 | €17,976 | €22,855 | +€4,880 | +27.1% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.