DECOLEM: 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.
DECOLEM
Largest movements
- Tangible fixed assets -€45,050
down €45,050 (-14.0%), from €322,865 to €277,816
- Receivables within one year +€32,714
up €32,714 (+14.3%), from €228,655 to €261,369
- Current portion of long-term debt -€148,000
down €148,000 (-100.0%), from €148,000 to €0
- Reserves +€132,433
up €132,433 (+3165.8%), from €4,183 to €136,616
of which Tax-exempt reserves: +€132,433
- Provisions +€44,144
new in 2025: €44,144
- Revaluation surpluses -€37,418
down €37,418 (-8.8%), from €424,351 to €386,934
- Gross operating margin +€186,302
up €186,302 (+677.2%), from €27,513 to €213,815
- Other operating charges -€12,133
down €12,133 (-73.3%), from €16,543 to €4,410
- Taxes +€4,812
up €4,812 (+507.9%), from €947 to €5,759
- Financial charges -€3,198
down €3,198 (-38.4%), from €8,333 to €5,135
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 | €552,571 | €541,617 | -€10,954 | -2.0% |
| Fixed assets | 21/28 | €322,865 | €277,816 | -€45,050 | -14.0% |
| Tangible fixed assets | 22/27 | €322,865 | €277,816 | -€45,050 | -14.0% |
| Land and buildings | 22 | €322,865 | €277,816 | -€45,050 | -14.0% |
| Current assets | 29/58 | €229,706 | €263,801 | +€34,095 | +14.8% |
| Amounts receivable within one year | 40/41 | €228,655 | €261,369 | +€32,714 | +14.3% |
| Other amounts receivable | 41 | €228,655 | €261,369 | +€32,714 | +14.3% |
| Cash at bank and in hand | 54/58 | €1,051 | €2,432 | +€1,382 | +131.5% |
| Total equity and liabilities | 10/49 | €552,571 | €541,617 | -€10,954 | -2.0% |
| Equity | 10/15 | €252,370 | €349,522 | +€97,153 | +38.5% |
| 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% |
| Revaluation surpluses | 12 | €424,351 | €386,934 | -€37,418 | -8.8% |
| Reserves | 13 | €4,183 | €136,616 | +€132,433 | +3165.8% |
| Tax-exempt reserves | 132 | - | €132,433 | +€132,433 | |
| Distributable reserves | 133 | €4,183 | €4,183 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€238,165 | -€236,028 | +€2,137 | +0.9% |
| Provisions and deferred taxes | 16 | - | €44,144 | +€44,144 | |
| Deferred taxes | 168 | - | €44,144 | +€44,144 | |
| Amounts payable | 17/49 | €300,201 | €147,950 | -€152,251 | -50.7% |
| Amounts payable after more than one year | 17 | €147,950 | €147,950 | = | 0.0% |
| Other amounts payable | 178/9 | €147,950 | €147,950 | = | 0.0% |
| Amounts payable within one year | 42/48 | €152,251 | €0 | -€152,251 | -100.0% |
| Current portion of amounts payable after more than one year | 42 | €148,000 | €0 | -€148,000 | -100.0% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €3,304 | €0 | -€3,304 | -100.0% |
| Suppliers | 440/4 | €3,304 | €0 | -€3,304 | -100.0% |
| Taxes, remuneration and social security | 45 | €947 | €0 | -€947 | -100.0% |
| Taxes | 450/3 | €947 | €0 | -€947 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,393 | €23,322 | -€2,071 | -8.2% |
| Other operating charges | 640/8 | €16,543 | €4,410 | -€12,133 | -73.3% |
| Gross operating margin | 9900 | €27,513 | €213,815 | +€186,302 | +677.2% |
| Operating profit (loss) | 9901 | -€14,424 | €186,083 | +€200,506 | |
| Financial income | 75/76B | €4,787 | €3,526 | -€1,260 | -26.3% |
| Recurring financial income | 75 | €4,787 | €3,526 | -€1,260 | -26.3% |
| Financial charges | 65/66B | €8,333 | €5,135 | -€3,198 | -38.4% |
| Recurring financial charges | 65 | €8,333 | €5,135 | -€3,198 | -38.4% |
| Profit (loss) for the period before taxes | 9903 | -€17,970 | €184,474 | +€202,444 | |
| Transfer from deferred taxes | 780 | - | €236 | +€236 | |
| Transfer to deferred taxes | 680 | - | €44,380 | +€44,380 | |
| Income taxes | 67/77 | €947 | €5,759 | +€4,812 | +507.9% |
| Profit (loss) for the period | 9904 | -€18,918 | €134,570 | +€153,488 | |
| Transfer from tax-exempt reserves | 789 | - | €708 | +€708 | |
| Transfer to tax-exempt reserves | 689 | - | €133,141 | +€133,141 | |
| Profit (loss) for the period to be appropriated | 9905 | -€18,918 | €2,137 | +€21,055 |
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 10 October 2026 via checked.be.