Decofix: 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.
Decofix
Largest movements
- Deferred charges and accrued income +€27,652
up €27,652 (+508.3%), from €5,440 to €33,092
- Cash -€27,321
down €27,321 (-62.9%), from €43,428 to €16,107
mainly Contributions, distributions and other (-€131,000) and Investment in fixed assets (net) (-€71,421)
- Tangible fixed assets +€18,565
up €18,565 (+13.3%), from €139,325 to €157,890
of which Plant, machinery and equipment: +€44,573
- Other debts +€54,645
up €54,645 (+364.3%), from €15,000 to €69,645
- Reserves -€40,071
down €40,071 (-19.1%), from €210,255 to €170,184
of which Distributable reserves: -€124,271
- Debts after one year -€27,010
down €27,010 (-12.9%), from €208,599 to €181,588
- Current portion of long-term debt +€24,209
up €24,209 (+48.0%), from €50,449 to €74,658
- Trade debts +€6,453
up €6,453 (+546.5%), from €1,181 to €7,634
- Gross operating margin +€37,300
up €37,300 (+28.9%), from €128,862 to €166,161
- Depreciation +€11,884
up €11,884 (+29.0%), from €40,972 to €52,856
- Taxes -€6,494
down €6,494 (-32.1%), from €20,256 to €13,762
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 | €499,599 | €518,920 | +€19,321 | +3.9% |
| Fixed assets | 21/28 | €424,091 | €442,656 | +€18,565 | +4.4% |
| Tangible fixed assets | 22/27 | €139,325 | €157,890 | +€18,565 | +13.3% |
| Plant, machinery and equipment | 23 | €26,946 | €71,519 | +€44,573 | +165.4% |
| Furniture and vehicles | 24 | €91,740 | €67,939 | -€23,800 | -25.9% |
| Other tangible fixed assets | 26 | €20,639 | €18,431 | -€2,208 | -10.7% |
| Financial fixed assets | 28 | €284,766 | €284,766 | = | 0.0% |
| Current assets | 29/58 | €75,508 | €76,264 | +€756 | +1.0% |
| Amounts receivable within one year | 40/41 | €26,639 | €27,064 | +€425 | +1.6% |
| Trade receivables | 40 | €14,520 | €24,347 | +€9,827 | +67.7% |
| Other amounts receivable | 41 | €12,119 | €2,717 | -€9,402 | -77.6% |
| Cash at bank and in hand | 54/58 | €43,428 | €16,107 | -€27,321 | -62.9% |
| Deferred charges and accrued income | 490/1 | €5,440 | €33,092 | +€27,652 | +508.3% |
| Total equity and liabilities | 10/49 | €499,599 | €518,920 | +€19,321 | +3.9% |
| Equity | 10/15 | €215,255 | €175,184 | -€40,071 | -18.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €210,255 | €170,184 | -€40,071 | -19.1% |
| Tax-exempt reserves | 132 | - | €84,200 | +€84,200 | |
| Distributable reserves | 133 | €210,255 | €85,984 | -€124,271 | -59.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €284,344 | €343,736 | +€59,392 | +20.9% |
| Amounts payable after more than one year | 17 | €208,599 | €181,588 | -€27,010 | -12.9% |
| Financial debts | 170/4 | €208,599 | €181,588 | -€27,010 | -12.9% |
| Amounts payable within one year | 42/48 | €75,272 | €160,658 | +€85,386 | +113.4% |
| Current portion of amounts payable after more than one year | 42 | €50,449 | €74,658 | +€24,209 | +48.0% |
| Financial debts | 43 | €822 | €0 | -€822 | -100.0% |
| Credit institutions | 430/8 | €822 | €0 | -€822 | -100.0% |
| Trade debts | 44 | €1,181 | €7,634 | +€6,453 | +546.5% |
| Suppliers | 440/4 | €1,181 | €7,634 | +€6,453 | +546.5% |
| Taxes, remuneration and social security | 45 | €7,820 | €8,721 | +€901 | +11.5% |
| Taxes | 450/3 | €7,820 | €8,721 | +€901 | +11.5% |
| Other amounts payable | 47/48 | €15,000 | €69,645 | +€54,645 | +364.3% |
| Accrued charges and deferred income | 492/3 | €473 | €1,490 | +€1,017 | +214.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €40,972 | €52,856 | +€11,884 | +29.0% |
| Other operating charges | 640/8 | €1,842 | €987 | -€855 | -46.4% |
| Gross operating margin | 9900 | €128,862 | €166,161 | +€37,300 | +28.9% |
| Operating profit (loss) | 9901 | €86,048 | €112,318 | +€26,271 | +30.5% |
| Financial income | 75/76B | €0 | €0 | +€0 | |
| Recurring financial income | 75 | €0 | €0 | +€0 | |
| Financial charges | 65/66B | €7,351 | €7,628 | +€277 | +3.8% |
| Recurring financial charges | 65 | €7,351 | €7,628 | +€277 | +3.8% |
| Profit (loss) for the period before taxes | 9903 | €78,696 | €104,690 | +€25,994 | +33.0% |
| Income taxes | 67/77 | €20,256 | €13,762 | -€6,494 | -32.1% |
| Profit (loss) for the period | 9904 | €58,441 | €90,929 | +€32,488 | +55.6% |
| Transfer to tax-exempt reserves | 689 | - | €84,200 | +€84,200 | |
| Profit (loss) for the period to be appropriated | 9905 | €58,441 | €6,729 | -€51,712 | -88.5% |
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 5 October 2026 via checked.be.