DECOLET: 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.
DECOLET
Largest movements
- Receivables within one year +€50,452
up €50,452 (+104.5%), from €48,266 to €98,718
of which Trade receivables: +€40,435
- Tangible fixed assets -€29,064
down €29,064 (-6.8%), from €429,927 to €400,864
- Stocks and contracts -€10,344
down €10,344 (-16.8%), from €61,510 to €51,166
- Cash -€7,311
down €7,311 (-33.3%), from €21,954 to €14,643
mainly Receivables within one year (-€50,452) and Debts after one year (-€26,649)
- Debts after one year -€26,649
down €26,649 (-7.8%), from €343,803 to €317,154
- Tax, wage and social debts +€23,886
up €23,886 (+72.1%), from €33,111 to €56,996
of which Taxes: +€16,720
- Profit (loss) carried forward +€7,785
up €7,785 (+14.7%), from -€53,099 to -€45,313
- Depreciation -€34,849
down €34,849 (-53.7%), from €64,913 to €30,064
- Staff costs +€19,484
up €19,484 (+245.6%), from €7,934 to €27,417
- Gross operating margin +€18,761
up €18,761 (+25.0%), from €74,943 to €93,704
- Other operating charges +€5,856
up €5,856 (+191.2%), from €3,062 to €8,918
- Financial charges +€2,026
up €2,026 (+11.7%), from €17,260 to €19,286
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 | €569,236 | €571,170 | +€1,934 | +0.3% |
| Fixed assets | 21/28 | €436,706 | €406,643 | -€30,064 | -6.9% |
| Intangible fixed assets | 21 | €4,082 | €3,082 | -€1,000 | -24.5% |
| Tangible fixed assets | 22/27 | €429,927 | €400,864 | -€29,064 | -6.8% |
| Land and buildings | 22 | €290,174 | €283,359 | -€6,814 | -2.3% |
| Plant, machinery and equipment | 23 | €51,439 | €38,954 | -€12,485 | -24.3% |
| Furniture and vehicles | 24 | €1,996 | €804 | -€1,193 | -59.7% |
| Other tangible fixed assets | 26 | €86,319 | €77,747 | -€8,572 | -9.9% |
| Financial fixed assets | 28 | €2,697 | €2,697 | = | 0.0% |
| Current assets | 29/58 | €132,530 | €164,528 | +€31,998 | +24.1% |
| Stocks and contracts in progress | 3 | €61,510 | €51,166 | -€10,344 | -16.8% |
| Stocks | 30/36 | €61,510 | €51,166 | -€10,344 | -16.8% |
| Amounts receivable within one year | 40/41 | €48,266 | €98,718 | +€50,452 | +104.5% |
| Trade receivables | 40 | €16,953 | €57,388 | +€40,435 | +238.5% |
| Other amounts receivable | 41 | €31,313 | €41,330 | +€10,017 | +32.0% |
| Cash at bank and in hand | 54/58 | €21,954 | €14,643 | -€7,311 | -33.3% |
| Deferred charges and accrued income | 490/1 | €800 | - | -€800 | |
| Total equity and liabilities | 10/49 | €569,236 | €571,170 | +€1,934 | +0.3% |
| Equity | 10/15 | €137,847 | €145,632 | +€7,785 | +5.6% |
| Contributions | 10/11 | €130,144 | €130,144 | = | 0.0% |
| Capital | 10 | €130,144 | €130,144 | = | 0.0% |
| Issued capital | 100 | €130,144 | €130,144 | = | 0.0% |
| Reserves | 13 | €60,801 | €60,801 | = | 0.0% |
| Non-distributable reserves | 130/1 | €620 | €620 | = | 0.0% |
| Legal reserve | 130 | €620 | €620 | = | 0.0% |
| Tax-exempt reserves | 132 | €36,597 | €36,597 | = | 0.0% |
| Distributable reserves | 133 | €23,584 | €23,584 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€53,099 | -€45,313 | +€7,785 | +14.7% |
| Amounts payable | 17/49 | €431,389 | €425,538 | -€5,851 | -1.4% |
| Amounts payable after more than one year | 17 | €343,803 | €317,154 | -€26,649 | -7.8% |
| Financial debts | 170/4 | €343,803 | €317,154 | -€26,649 | -7.8% |
| Amounts payable within one year | 42/48 | €87,240 | €107,845 | +€20,604 | +23.6% |
| Current portion of amounts payable after more than one year | 42 | €25,514 | €26,649 | +€1,135 | +4.5% |
| Trade debts | 44 | €3,615 | €4,199 | +€583 | +16.1% |
| Suppliers | 440/4 | €3,615 | €4,199 | +€583 | +16.1% |
| Taxes, remuneration and social security | 45 | €33,111 | €56,996 | +€23,886 | +72.1% |
| Taxes | 450/3 | €32,981 | €49,700 | +€16,720 | +50.7% |
| Remuneration and social security | 454/9 | €130 | €7,296 | +€7,166 | +5519.6% |
| Other amounts payable | 47/48 | €25,000 | €20,000 | -€5,000 | -20.0% |
| Accrued charges and deferred income | 492/3 | €346 | €540 | +€194 | +56.0% |
| Remuneration, social security and pensions | 62 | €7,934 | €27,417 | +€19,484 | +245.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €64,913 | €30,064 | -€34,849 | -53.7% |
| Other operating charges | 640/8 | €3,062 | €8,918 | +€5,856 | +191.2% |
| Gross operating margin | 9900 | €74,943 | €93,704 | +€18,761 | +25.0% |
| Operating profit (loss) | 9901 | -€966 | €27,305 | +€28,271 | |
| Financial income | 75/76B | €800 | €17 | -€784 | -97.9% |
| Recurring financial income | 75 | €800 | €17 | -€784 | -97.9% |
| Financial charges | 65/66B | €17,260 | €19,286 | +€2,026 | +11.7% |
| Recurring financial charges | 65 | €17,260 | €19,286 | +€2,026 | +11.7% |
| Profit (loss) for the period before taxes | 9903 | -€17,426 | €8,035 | +€25,461 | |
| Income taxes | 67/77 | €593 | €250 | -€343 | -57.8% |
| Profit (loss) for the period | 9904 | -€18,019 | €7,785 | +€25,804 | |
| Profit (loss) for the period to be appropriated | 9905 | -€18,019 | €7,785 | +€25,804 |
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.