DECOFAST: 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.
DECOFAST
Largest movements
- Current investments +€73,754
up €73,754 (+3.5%), from €2.1m to €2.2m
- Cash +€55,696
up €55,696 (+32.2%), from €172,807 to €228,503
mainly Net result for the year (+€106,235) and Depreciation (+€29,904)
- Tangible fixed assets -€29,904
down €29,904 (-25.0%), from €119,790 to €89,886
of which Furniture and vehicles: -€29,904
- Reserves +€106,235
up €106,235 (+8.1%), from €1.3m to €1.4m
- Financial income +€25,351
up €25,351 (+51.0%), from €49,718 to €75,070
of which Financial income: +€28,300
- Depreciation +€14,856
up €14,856 (+98.7%), from €15,048 to €29,904
- Taxes +€13,638
up €13,638 (+32.0%), from €42,624 to €56,262
- Gross operating margin +€12,494
up €12,494 (+8.4%), from €149,592 to €162,086
- Other operating charges +€4,142
up €4,142 (+322.1%), from €1,286 to €5,428
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 | €2,421,320 | €2,522,621 | +€101,301 | +4.2% |
| Fixed assets | 21/28 | €119,790 | €89,886 | -€29,904 | -25.0% |
| Tangible fixed assets | 22/27 | €119,790 | €89,886 | -€29,904 | -25.0% |
| Furniture and vehicles | 24 | €119,290 | €89,386 | -€29,904 | -25.1% |
| Other tangible fixed assets | 26 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €2,301,530 | €2,432,735 | +€131,205 | +5.7% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Trade receivables | 290 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €0 | €660 | +€660 | |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €0 | €660 | +€660 | |
| Current investments | 50/53 | €2,128,723 | €2,202,477 | +€73,754 | +3.5% |
| Cash at bank and in hand | 54/58 | €172,807 | €228,503 | +€55,696 | +32.2% |
| Deferred charges and accrued income | 490/1 | - | €1,096 | +€1,096 | |
| Total equity and liabilities | 10/49 | €2,421,320 | €2,522,621 | +€101,301 | +4.2% |
| Equity | 10/15 | €1,906,699 | €2,012,934 | +€106,235 | +5.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,309,227 | €1,415,462 | +€106,235 | +8.1% |
| Distributable reserves | 133 | €1,309,227 | €1,415,462 | +€106,235 | +8.1% |
| Profit (loss) carried forward | 14 | €578,872 | €578,872 | = | 0.0% |
| Amounts payable | 17/49 | €514,621 | €509,687 | -€4,934 | -1.0% |
| Amounts payable within one year | 42/48 | €513,767 | €508,833 | -€4,934 | -1.0% |
| Trade debts | 44 | €1,440 | €3,839 | +€2,399 | +166.6% |
| Suppliers | 440/4 | €1,440 | €3,839 | +€2,399 | +166.6% |
| Taxes, remuneration and social security | 45 | €12,718 | €20,403 | +€7,685 | +60.4% |
| Taxes | 450/3 | €12,718 | €20,403 | +€7,685 | +60.4% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €499,609 | €484,591 | -€15,018 | -3.0% |
| Accrued charges and deferred income | 492/3 | €854 | €854 | = | 0.0% |
| Non-recurring operating income | 76A | €25,853 | €0 | -€25,853 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,048 | €29,904 | +€14,856 | +98.7% |
| Other operating charges | 640/8 | €1,286 | €5,428 | +€4,142 | +322.1% |
| Gross operating margin | 9900 | €149,592 | €162,086 | +€12,494 | +8.4% |
| Operating profit (loss) | 9901 | €133,259 | €126,754 | -€6,505 | -4.9% |
| Financial income | 75/76B | €49,718 | €75,070 | +€25,351 | +51.0% |
| Recurring financial income | 75 | €46,770 | €75,070 | +€28,300 | +60.5% |
| Non-recurring financial income | 76B | €2,948 | €0 | -€2,948 | -100.0% |
| Financial charges | 65/66B | €38,738 | €39,327 | +€589 | +1.5% |
| Recurring financial charges | 65 | €38,738 | €39,327 | +€589 | +1.5% |
| Profit (loss) for the period before taxes | 9903 | €144,238 | €162,497 | +€18,258 | +12.7% |
| Income taxes | 67/77 | €42,624 | €56,262 | +€13,638 | +32.0% |
| Profit (loss) for the period | 9904 | €101,614 | €106,235 | +€4,620 | +4.5% |
| Profit (loss) for the period to be appropriated | 9905 | €101,614 | €106,235 | +€4,620 | +4.5% |
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 6 October 2026 via checked.be.