DECOGIMO: 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.
What changed
DECOGIMO
NACE 68.201, Renting and operating of own or leased residential real estate, excluding social housing
fiscal year 2025 against 2026filed annual accounts (NBB)
Net result for the year
€265,826
2025 · €278,580-€12,754
Equity
€1.7m
2025 · €1.4m+€265,826
Cash
€238,138
2025 · €245,994-€7,856
Balance sheet total
€4.0m
2025 · €4.1m-€103,475
Largest movements
Assets
- Tangible fixed assets -€102,074
down €102,074 (-2.7%), from €3.8m to €3.7m
of which Land and buildings: -€139,018
Equity and liabilities
- Debts after one year -€312,747
down €312,747 (-13.9%), from €2.2m to €1.9m
of which Financial debts: -€312,747
- Profit (loss) carried forward +€265,826
up €265,826 (+26.9%), from €989,751 to €1.3m
Income statement
- Other operating charges +€13,592
up €13,592 (+72.8%), from €18,675 to €32,267
From the 2025 result to the 2026 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.
Result 2025
€278,580
Gross operating margin
-€2,330
Depreciation
-€1,565
Other operating charges
-€13,592
Financial income
-€0
Financial charges
+€3,391
Taxes
+€1,342
Result 2026
€265,826
Cash bridge derived
Derived from the 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
+€384,036
Investment
-€68,445
Financing
-€323,447
Cash 2025
€245,994
From operations (derived)
+€384,036
Net result for the year
+€265,826
Depreciation
+€170,520
Receivables within one year
-€10,656
Deferred charges and accrued income
+€4,200
Trade debts
+€1,720
Tax, wage and social debts
-€33,169
Advances received
-€10,075
Other debts
-€4,329
Investment (derived)
-€68,445
Investment in fixed assets (net)
-€68,445
Financing
-€323,447
Debts after one year
-€312,747
Current portion of long-term debt
-€10,700
Cash 2026
€238,138
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,081,445 | €3,977,970 | -€103,475 | -2.5% |
| Fixed assets | 21/28 | €3,831,251 | €3,729,176 | -€102,074 | -2.7% |
| Tangible fixed assets | 22/27 | €3,831,251 | €3,729,176 | -€102,074 | -2.7% |
| Land and buildings | 22 | €3,757,915 | €3,618,897 | -€139,018 | -3.7% |
| Furniture and vehicles | 24 | €73,335 | €69,189 | -€4,146 | -5.7% |
| Assets under construction and advance payments | 27 | - | €41,090 | +€41,090 | |
| Current assets | 29/58 | €250,194 | €248,794 | -€1,400 | -0.6% |
| Amounts receivable within one year | 40/41 | - | €10,656 | +€10,656 | |
| Trade receivables | 40 | - | €10,375 | +€10,375 | |
| Other amounts receivable | 41 | - | €281 | +€281 | |
| Cash at bank and in hand | 54/58 | €245,994 | €238,138 | -€7,856 | -3.2% |
| Deferred charges and accrued income | 490/1 | €4,200 | - | -€4,200 | |
| Total equity and liabilities | 10/49 | €4,081,445 | €3,977,970 | -€103,475 | -2.5% |
| Equity | 10/15 | €1,396,201 | €1,662,027 | +€265,826 | +19.0% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €344,450 | €344,450 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €338,250 | €338,250 | = | 0.0% |
| Profit (loss) carried forward | 14 | €989,751 | €1,255,577 | +€265,826 | +26.9% |
| Amounts payable | 17/49 | €2,685,244 | €2,315,943 | -€369,301 | -13.8% |
| Amounts payable after more than one year | 17 | €2,244,766 | €1,932,019 | -€312,747 | -13.9% |
| Financial debts | 170/4 | €2,240,566 | €1,927,819 | -€312,747 | -14.0% |
| Other amounts payable | 178/9 | €4,200 | €4,200 | = | 0.0% |
| Amounts payable within one year | 42/48 | €440,478 | €383,924 | -€56,554 | -12.8% |
| Current portion of amounts payable after more than one year | 42 | €353,651 | €342,951 | -€10,700 | -3.0% |
| Trade debts | 44 | €21,395 | €23,115 | +€1,720 | +8.0% |
| Suppliers | 440/4 | €21,395 | €23,115 | +€1,720 | +8.0% |
| Advances received on contracts in progress | 46 | €15,575 | €5,500 | -€10,075 | -64.7% |
| Taxes, remuneration and social security | 45 | €40,178 | €7,010 | -€33,169 | -82.6% |
| Taxes | 450/3 | €40,178 | €7,010 | -€33,169 | -82.6% |
| Other amounts payable | 47/48 | €9,678 | €5,349 | -€4,329 | -44.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €168,954 | €170,520 | +€1,565 | +0.9% |
| Other operating charges | 640/8 | €18,675 | €32,267 | +€13,592 | +72.8% |
| Gross operating margin | 9900 | €610,860 | €608,530 | -€2,330 | -0.4% |
| Operating profit (loss) | 9901 | €423,230 | €405,743 | -€17,487 | -4.1% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €29,402 | €26,011 | -€3,391 | -11.5% |
| Recurring financial charges | 65 | €29,402 | €26,011 | -€3,391 | -11.5% |
| Profit (loss) for the period before taxes | 9903 | €393,829 | €379,733 | -€14,096 | -3.6% |
| Income taxes | 67/77 | €115,249 | €113,907 | -€1,342 | -1.2% |
| Profit (loss) for the period | 9904 | €278,580 | €265,826 | -€12,754 | -4.6% |
| Profit (loss) for the period to be appropriated | 9905 | €278,580 | €265,826 | -€12,754 | -4.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.