DECOGEST: 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.
DECOGEST
Largest movements
- Receivables within one year -€67,808
down €67,808 (-50.1%), from €135,452 to €67,644
of which Trade receivables: -€72,560
- Cash -€18,555
down €18,555 (-77.5%), from €23,931 to €5,376
mainly Net result for the year (-€101,081) and Trade debts (-€19,448)
- Tangible fixed assets -€4,578
down €4,578 (-50.0%), from €9,155 to €4,578
- Profit (loss) carried forward -€101,081
down €101,081 (-894.4%), from -€11,301 to -€112,382
- Debts after one year +€22,766
up €22,766 (+27.9%), from €81,458 to €104,224
- Trade debts -€19,448
down €19,448 (-32.2%), from €60,364 to €40,916
- Current portion of long-term debt +€15,000
up €15,000, from €0 to €15,000
- Tax, wage and social debts -€8,183
down €8,183 (-34.0%), from €24,101 to €15,918
of which Taxes: -€7,563
- Gross operating margin -€235,542
down €235,542 (-83.8%), from €281,130 to €45,588
- Staff costs +€13,142
up €13,142 (+10.5%), from €125,513 to €138,655
- Taxes -€8,297
down €8,297 (-98.4%), from €8,435 to €138
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 | €168,539 | €77,598 | -€90,941 | -54.0% |
| Fixed assets | 21/28 | €9,155 | €4,578 | -€4,578 | -50.0% |
| Tangible fixed assets | 22/27 | €9,155 | €4,578 | -€4,578 | -50.0% |
| Furniture and vehicles | 24 | €9,155 | €4,578 | -€4,578 | -50.0% |
| Current assets | 29/58 | €159,383 | €73,020 | -€86,363 | -54.2% |
| Amounts receivable within one year | 40/41 | €135,452 | €67,644 | -€67,808 | -50.1% |
| Trade receivables | 40 | €133,617 | €61,057 | -€72,560 | -54.3% |
| Other amounts receivable | 41 | €1,836 | €6,588 | +€4,752 | +258.8% |
| Cash at bank and in hand | 54/58 | €23,931 | €5,376 | -€18,555 | -77.5% |
| Total equity and liabilities | 10/49 | €168,539 | €77,598 | -€90,941 | -54.0% |
| Equity | 10/15 | €1,099 | -€99,982 | -€101,081 | |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€11,301 | -€112,382 | -€101,081 | -894.4% |
| Amounts payable | 17/49 | €167,440 | €177,580 | +€10,140 | +6.1% |
| Amounts payable after more than one year | 17 | €81,458 | €104,224 | +€22,766 | +27.9% |
| Other amounts payable | 178/9 | €81,458 | €104,224 | +€22,766 | +27.9% |
| Amounts payable within one year | 42/48 | €85,982 | €73,356 | -€12,625 | -14.7% |
| Current portion of amounts payable after more than one year | 42 | €0 | €15,000 | +€15,000 | |
| Trade debts | 44 | €60,364 | €40,916 | -€19,448 | -32.2% |
| Suppliers | 440/4 | €60,364 | €40,916 | -€19,448 | -32.2% |
| Taxes, remuneration and social security | 45 | €24,101 | €15,918 | -€8,183 | -34.0% |
| Taxes | 450/3 | €17,392 | €9,829 | -€7,563 | -43.5% |
| Remuneration and social security | 454/9 | €6,710 | €6,089 | -€621 | -9.2% |
| Other amounts payable | 47/48 | €1,516 | €1,523 | +€7 | +0.4% |
| Remuneration, social security and pensions | 62 | €125,513 | €138,655 | +€13,142 | +10.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,578 | €4,578 | = | 0.0% |
| Other operating charges | 640/8 | €476 | €1,062 | +€586 | +123.3% |
| Non-recurring operating charges | 66A | €0 | €259 | +€259 | |
| Gross operating margin | 9900 | €281,130 | €45,588 | -€235,542 | -83.8% |
| Operating profit (loss) | 9901 | €150,564 | -€98,966 | -€249,530 | |
| Financial charges | 65/66B | €2,544 | €1,977 | -€567 | -22.3% |
| Recurring financial charges | 65 | €2,544 | €1,977 | -€567 | -22.3% |
| Profit (loss) for the period before taxes | 9903 | €148,020 | -€100,943 | -€248,963 | |
| Income taxes | 67/77 | €8,435 | €138 | -€8,297 | -98.4% |
| Profit (loss) for the period | 9904 | €139,585 | -€101,081 | -€240,666 | |
| Profit (loss) for the period to be appropriated | 9905 | €139,585 | -€101,081 | -€240,666 |
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 9 October 2026 via checked.be.