DECOLAN: 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.
DECOLAN
Largest movements
- Tangible fixed assets -€288,178
down €288,178 (-20.0%), from €1.4m to €1.2m
of which Plant, machinery and equipment: -€294,256
- Cash +€121,109
up €121,109 (+42.8%), from €283,080 to €404,189
mainly Depreciation (+€348,942) and Receivables within one year (+€64,125)
- Receivables within one year -€64,125
down €64,125 (-11.1%), from €580,294 to €516,169
of which Trade receivables: -€69,372
- Debts after one year -€195,127
down €195,127 (-35.4%), from €551,080 to €355,952
- Current portion of long-term debt -€53,490
down €53,490 (-21.5%), from €248,617 to €195,127
- Staff costs -€32,614
down €32,614 (-9.4%), from €348,349 to €315,734
- Depreciation +€14,548
up €14,548 (+4.4%), from €334,394 to €348,942
- Gross operating margin -€11,310
down €11,310 (-1.6%), from €723,069 to €711,759
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.
Derived cash bridge
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 | €2,532,070 | €2,306,168 | -€225,902 | -8.9% |
| Fixed assets | 21/28 | €1,443,818 | €1,155,640 | -€288,178 | -20.0% |
| Tangible fixed assets | 22/27 | €1,443,818 | €1,155,640 | -€288,178 | -20.0% |
| Plant, machinery and equipment | 23 | €1,326,298 | €1,032,041 | -€294,256 | -22.2% |
| Furniture and vehicles | 24 | €2,649 | €28,704 | +€26,055 | +984% |
| Other tangible fixed assets | 26 | €114,872 | €94,895 | -€19,976 | -17.4% |
| Current assets | 29/58 | €1,088,252 | €1,150,528 | +€62,276 | +5.7% |
| Stocks and contracts in progress | 3 | €207,708 | €215,668 | +€7,960 | +3.8% |
| Stocks | 30/36 | €207,708 | €215,668 | +€7,960 | +3.8% |
| Amounts receivable within one year | 40/41 | €580,294 | €516,169 | -€64,125 | -11.1% |
| Trade receivables | 40 | €557,587 | €488,215 | -€69,372 | -12.4% |
| Other amounts receivable | 41 | €22,707 | €27,954 | +€5,247 | +23.1% |
| Cash at bank and in hand | 54/58 | €283,080 | €404,189 | +€121,109 | +42.8% |
| Deferred charges and accrued income | 490/1 | €17,170 | €14,502 | -€2,668 | -15.5% |
| Total equity and liabilities | 10/49 | €2,532,070 | €2,306,168 | -€225,902 | -8.9% |
| Equity | 10/15 | €1,402,481 | €1,424,466 | +€21,984 | +1.6% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €1,382,481 | €1,404,466 | +€21,984 | +1.6% |
| Distributable reserves | 133 | €1,382,481 | €1,404,466 | +€21,984 | +1.6% |
| Amounts payable | 17/49 | €1,129,589 | €881,703 | -€247,886 | -21.9% |
| Amounts payable after more than one year | 17 | €551,080 | €355,952 | -€195,127 | -35.4% |
| Financial debts | 170/4 | €551,080 | €355,952 | -€195,127 | -35.4% |
| Amounts payable within one year | 42/48 | €555,471 | €508,357 | -€47,113 | -8.5% |
| Current portion of amounts payable after more than one year | 42 | €248,617 | €195,127 | -€53,490 | -21.5% |
| Financial debts | 43 | - | €7,036 | +€7,036 | |
| Credit institutions | 430/8 | - | €7,036 | +€7,036 | |
| Trade debts | 44 | €247,801 | €262,214 | +€14,413 | +5.8% |
| Suppliers | 440/4 | €247,801 | €262,214 | +€14,413 | +5.8% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €59,052 | €43,980 | -€15,072 | -25.5% |
| Taxes | 450/3 | €21,787 | €11,155 | -€10,632 | -48.8% |
| Remuneration and social security | 454/9 | €37,265 | €32,825 | -€4,440 | -11.9% |
| Accrued charges and deferred income | 492/3 | €23,038 | €17,393 | -€5,645 | -24.5% |
| Remuneration, social security and pensions | 62 | €348,349 | €315,734 | -€32,614 | -9.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €334,394 | €348,942 | +€14,548 | +4.4% |
| Other operating charges | 640/8 | €3,274 | €3,214 | -€60 | -1.8% |
| Gross operating margin | 9900 | €723,069 | €711,759 | -€11,310 | -1.6% |
| Operating profit (loss) | 9901 | €37,052 | €43,869 | +€6,817 | +18.4% |
| Financial income | 75/76B | €6,050 | €6,852 | +€802 | +13.3% |
| Recurring financial income | 75 | €6,050 | €6,852 | +€802 | +13.3% |
| Financial charges | 65/66B | €25,182 | €20,747 | -€4,435 | -17.6% |
| Recurring financial charges | 65 | €25,182 | €20,747 | -€4,435 | -17.6% |
| Profit (loss) for the period before taxes | 9903 | €17,920 | €29,974 | +€12,054 | +67.3% |
| Income taxes | 67/77 | €4,415 | €7,990 | +€3,575 | +81.0% |
| Profit (loss) for the period | 9904 | €13,506 | €21,984 | +€8,479 | +62.8% |
| Profit (loss) for the period to be appropriated | 9905 | €13,506 | €21,984 | +€8,479 | +62.8% |
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 16 October 2026 via checked.be.