DECOFIMA: 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.
DECOFIMA
Largest movements
- Tangible fixed assets +€20,693
up €20,693 (+2.1%), from €976,300 to €996,993
- Other debts +€58,607
up €58,607 (+10.3%), from €570,163 to €628,770
- Reserves -€33,282
down €33,282 (-8.7%), from €380,463 to €347,181
of which Distributable reserves: -€24,261
- Debts after one year -€13,607
down €13,607 (-53.2%), from €25,557 to €11,950
- Depreciation +€17,825
up €17,825 (+67.0%), from €26,619 to €44,444
- Financial income -€2,835
down €2,835 (-53.1%), from €5,335 to €2,500
of which Financial income: -€2,835
- Gross operating margin -€1,432
down €1,432 (-12.7%), from €11,252 to €9,820
- Financial charges -€706
down €706 (-25.4%), from €2,775 to €2,069
- Other operating charges -€434
down €434 (-16.5%), from €2,634 to €2,200
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 | €1,089,135 | €1,098,452 | +€9,317 | +0.9% |
| Fixed assets | 21/28 | €976,300 | €996,993 | +€20,693 | +2.1% |
| Tangible fixed assets | 22/27 | €976,300 | €996,993 | +€20,693 | +2.1% |
| Land and buildings | 22 | €976,300 | €996,993 | +€20,693 | +2.1% |
| Current assets | 29/58 | €112,834 | €101,459 | -€11,376 | -10.1% |
| Amounts receivable after more than one year | 29 | €100,000 | €100,000 | = | 0.0% |
| Other amounts receivable | 291 | €100,000 | €100,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €2,351 | €706 | -€1,645 | -70.0% |
| Other amounts receivable | 41 | €2,351 | €706 | -€1,645 | -70.0% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €10,483 | €753 | -€9,730 | -92.8% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €1,089,135 | €1,098,452 | +€9,317 | +0.9% |
| Equity | 10/15 | €399,163 | €365,881 | -€33,282 | -8.3% |
| Contributions | 10/11 | €18,700 | €18,700 | = | 0.0% |
| Reserves | 13 | €380,463 | €347,181 | -€33,282 | -8.7% |
| Non-distributable reserves | 130/1 | €1,870 | €1,870 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,870 | €1,870 | = | 0.0% |
| Tax-exempt reserves | 132 | €228,018 | €218,997 | -€9,021 | -4.0% |
| Distributable reserves | 133 | €150,575 | €126,314 | -€24,261 | -16.1% |
| Provisions and deferred taxes | 16 | €78,229 | €75,119 | -€3,110 | -4.0% |
| Deferred taxes | 168 | €78,229 | €75,119 | -€3,110 | -4.0% |
| Amounts payable | 17/49 | €611,742 | €657,452 | +€45,710 | +7.5% |
| Amounts payable after more than one year | 17 | €25,557 | €11,950 | -€13,607 | -53.2% |
| Financial debts | 170/4 | €25,557 | €11,950 | -€13,607 | -53.2% |
| Amounts payable within one year | 42/48 | €586,015 | €645,378 | +€59,363 | +10.1% |
| Current portion of amounts payable after more than one year | 42 | €12,852 | €13,607 | +€756 | +5.9% |
| Trade debts | 44 | €3,000 | €3,000 | = | 0.0% |
| Suppliers | 440/4 | €3,000 | €3,000 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Other amounts payable | 47/48 | €570,163 | €628,770 | +€58,607 | +10.3% |
| Accrued charges and deferred income | 492/3 | €170 | €125 | -€45 | -26.7% |
| Non-recurring operating income | 76A | €12,000 | €0 | -€12,000 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,619 | €44,444 | +€17,825 | +67.0% |
| Other operating charges | 640/8 | €2,634 | €2,200 | -€434 | -16.5% |
| Gross operating margin | 9900 | €11,252 | €9,820 | -€1,432 | -12.7% |
| Operating profit (loss) | 9901 | -€18,000 | -€36,824 | -€18,823 | -104.6% |
| Financial income | 75/76B | €5,335 | €2,500 | -€2,835 | -53.1% |
| Recurring financial income | 75 | €5,335 | €2,500 | -€2,835 | -53.1% |
| Non-recurring financial income | 76B | €0 | - | = | |
| Financial charges | 65/66B | €2,775 | €2,069 | -€706 | -25.4% |
| Recurring financial charges | 65 | €2,775 | €2,069 | -€706 | -25.4% |
| Profit (loss) for the period before taxes | 9903 | -€15,440 | -€36,393 | -€20,952 | -135.7% |
| Transfer from deferred taxes | 780 | €2,587 | €3,204 | +€618 | +23.9% |
| Income taxes | 67/77 | €145 | €0 | -€145 | -100.0% |
| Profit (loss) for the period | 9904 | -€12,998 | -€33,188 | -€20,190 | -155.3% |
| Transfer from tax-exempt reserves | 789 | €7,183 | €9,170 | +€1,986 | +27.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,815 | -€24,019 | -€18,204 | -313.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.