DECOLIS: 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.
What changed
DECOLIS
NACE 46.214, Wholesale trade
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€1.4m
2024 · €4.6m-€3.2m
Equity
€8.4m
2024 · €7.3m+€1.1m
Cash
€833,882
2024 · €610,974+€222,908
Balance sheet total
€18.1m
2024 · €20.7m-€2.7m
Largest movements
Assets
- Receivables within one year -€6.1m
down €6.1m (-54.8%), from €11.1m to €5.0m
of which Trade receivables: -€6.4m
- Stocks and contracts +€3.3m
up €3.3m (+42.7%), from €7.8m to €11.1m
- Cash +€222,908
up €222,908 (+36.5%), from €610,974 to €833,882
mainly Receivables within one year (+€6.1m) and Net result for the year (+€1.4m)
Equity and liabilities
- Short-term financial debts -€1.6m
down €1.6m (-69.7%), from €2.2m to €680,000
- Other debts -€1.4m
down €1.4m (-82.5%), from €1.7m to €300,000
- Reserves +€1.1m
up €1.1m (+14.9%), from €7.2m to €8.2m
of which Distributable reserves: +€1.1m
- Trade debts -€430,562
down €430,562 (-4.8%), from €9.1m to €8.6m
- Provisions -€236,389
down €236,389 (-92.2%), from €256,389 to €20,000
Income statement
- Turnover -€20.9m
down €20.9m (-42.2%), from €49.6m to €28.7m
- Goods and materials -€15.8m
down €15.8m (-38.3%), from €41.4m to €25.5m
of which Purchases: -€9.3m
- Taxes -€998,813
down €998,813 (-73.3%), from €1.4m to €364,191
of which Taxes: -€1.0m
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.
Result 2024
€4.6m
Turnover
-€20.9m
Other operating income
-€2,763
Goods and materials
+€15.8m
Services and other goods
+€239,715
Staff costs
-€32,602
Depreciation
-€6,714
Provisions
+€492,778
Other operating charges
-€117,127
Financial income
+€7,803
Financial charges
+€304,549
Taxes
+€998,813
Result 2025
€1.4m
raises the resultlowers the result
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.
From operations
+€2.1m
Investment
-€8,704
Financing
-€1.9m
Cash 2024
€610,974
From operations (derived)
+€2.1m
Net result for the year
+€1.4m
Depreciation
+€141,687
Stocks and contracts
-€3.3m
Receivables within one year
+€6.1m
Deferred charges and accrued income
-€1,173
Provisions
-€236,389
Trade debts
-€430,562
Tax, wage and social debts
-€79,513
Other debts
-€1.4m
Investment (derived)
-€8,704
Investment in fixed assets (net)
-€8,704
Financing
-€1.9m
Current portion of long-term debt
-€847
Short-term financial debts
-€1.6m
Contributions, distributions and other
-€300,000
Cash 2025
€833,882
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €20,706,087 | €18,051,077 | -€2.7m | -12.8% |
| Fixed assets | 21/28 | €1,266,897 | €1,133,914 | -€132,983 | -10.5% |
| Tangible fixed assets | 22/27 | €1,266,367 | €1,133,384 | -€132,983 | -10.5% |
| Land and buildings | 22 | €1,076,549 | €994,661 | -€81,888 | -7.6% |
| Plant, machinery and equipment | 23 | €98,029 | €77,149 | -€20,880 | -21.3% |
| Furniture and vehicles | 24 | €91,119 | €61,575 | -€29,545 | -32.4% |
| Leasing and similar rights | 25 | €670 | €0 | -€670 | -100% |
| Financial fixed assets | 28 | €530 | €530 | = | 0.0% |
| Other financial fixed assets | 284/8 | €530 | €530 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €530 | €530 | = | 0.0% |
| Current assets | 29/58 | €19,439,190 | €16,917,162 | -€2.5m | -13.0% |
| Stocks and contracts in progress | 3 | €7,755,702 | €11,070,138 | +€3.3m | +42.7% |
| Stocks | 30/36 | €7,755,702 | €11,070,138 | +€3.3m | +42.7% |
| Goods purchased for resale | 34 | €7,755,702 | €11,040,138 | +€3.3m | +42.3% |
| Advance payments | 36 | - | €30,000 | +€30,000 | |
| Amounts receivable within one year | 40/41 | €11,050,186 | €4,989,641 | -€6.1m | -54.8% |
| Trade receivables | 40 | €10,951,461 | €4,562,458 | -€6.4m | -58.3% |
| Other amounts receivable | 41 | €98,725 | €427,183 | +€328,458 | +333% |
| Cash at bank and in hand | 54/58 | €610,974 | €833,882 | +€222,908 | +36.5% |
| Deferred charges and accrued income | 490/1 | €22,329 | €23,502 | +€1,173 | +5.3% |
| Total equity and liabilities | 10/49 | €20,706,087 | €18,051,077 | -€2.7m | -12.8% |
| Equity | 10/15 | €7,307,659 | €8,374,959 | +€1.1m | +14.6% |
| Contributions | 10/11 | €140,000 | €140,000 | = | 0.0% |
| Capital | 10 | €140,000 | €140,000 | = | 0.0% |
| Issued capital | 100 | €140,000 | €140,000 | = | 0.0% |
| Reserves | 13 | €7,167,659 | €8,234,959 | +€1.1m | +14.9% |
| Non-distributable reserves | 130/1 | €14,000 | €14,000 | = | 0.0% |
| Legal reserve | 130 | €14,000 | €14,000 | = | 0.0% |
| Distributable reserves | 133 | €7,153,659 | €8,220,959 | +€1.1m | +14.9% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Provisions and deferred taxes | 16 | €256,389 | €20,000 | -€236,389 | -92.2% |
| Provisions for liabilities and charges | 160/5 | €256,389 | €20,000 | -€236,389 | -92.2% |
| Other liabilities and charges | 164/5 | €256,389 | €20,000 | -€236,389 | -92.2% |
| Amounts payable | 17/49 | €13,142,040 | €9,656,118 | -€3.5m | -26.5% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Leasing and similar obligations | 172 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €13,142,040 | €9,656,118 | -€3.5m | -26.5% |
| Current portion of amounts payable after more than one year | 42 | €847 | €0 | -€847 | -100% |
| Financial debts | 43 | €2,245,000 | €680,000 | -€1.6m | -69.7% |
| Credit institutions | 430/8 | €2,245,000 | €680,000 | -€1.6m | -69.7% |
| Trade debts | 44 | €9,059,016 | €8,628,454 | -€430,562 | -4.8% |
| Suppliers | 440/4 | €9,059,016 | €8,628,454 | -€430,562 | -4.8% |
| Taxes, remuneration and social security | 45 | €127,177 | €47,664 | -€79,513 | -62.5% |
| Taxes | 450/3 | €88,800 | €2,959 | -€85,840 | -96.7% |
| Remuneration and social security | 454/9 | €38,377 | €44,705 | +€6,328 | +16.5% |
| Other amounts payable | 47/48 | €1,710,000 | €300,000 | -€1.4m | -82.5% |
| Operating income | 70/76A | €49,598,197 | €28,656,541 | -€20.9m | -42.2% |
| Turnover | 70 | €49,592,929 | €28,654,035 | -€20.9m | -42.2% |
| Other operating income | 74 | €5,268 | €2,505 | -€2,763 | -52.4% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Operating charges | 60/66A | €43,295,746 | €26,876,602 | -€16.4m | -37.9% |
| Goods for resale, raw materials and consumables | 60 | €41,381,873 | €25,538,779 | -€15.8m | -38.3% |
| Purchases | 600/8 | €38,124,196 | €28,823,214 | -€9.3m | -24.4% |
| Change in stocks: decrease (increase) | 609 | €3,257,678 | -€3,284,436 | -€6.5m | |
| Services and other goods | 61 | €1,284,838 | €1,045,123 | -€239,715 | -18.7% |
| Remuneration, social security and pensions | 62 | €205,135 | €237,737 | +€32,602 | +15.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €134,973 | €141,687 | +€6,714 | +5.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €256,389 | -€236,389 | -€492,778 | |
| Other operating charges | 640/8 | €32,538 | €149,665 | +€117,127 | +360% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Operating profit (loss) | 9901 | €6,302,451 | €1,779,939 | -€4.5m | -71.8% |
| Financial income | 75/76B | €989 | €8,792 | +€7,803 | +789% |
| Recurring financial income | 75 | €989 | €8,792 | +€7,803 | +789% |
| Income from current assets | 751 | - | €760 | +€760 | |
| Other financial income | 752/9 | €989 | €8,032 | +€7,043 | +712% |
| Financial charges | 65/66B | €361,789 | €57,240 | -€304,549 | -84.2% |
| Recurring financial charges | 65 | €361,789 | €57,240 | -€304,549 | -84.2% |
| Debt charges | 650 | €171,499 | €20,913 | -€150,586 | -87.8% |
| Other financial charges | 652/9 | €190,290 | €36,327 | -€153,963 | -80.9% |
| Profit (loss) for the period before taxes | 9903 | €5,941,651 | €1,731,490 | -€4.2m | -70.9% |
| Income taxes | 67/77 | €1,363,004 | €364,191 | -€998,813 | -73.3% |
| Taxes | 670/3 | €1,366,000 | €364,228 | -€1.0m | -73.3% |
| Tax adjustments and reversals of tax provisions | 77 | €2,996 | €37 | -€2,959 | -98.8% |
| Profit (loss) for the period | 9904 | €4,578,648 | €1,367,300 | -€3.2m | -70.1% |
| Profit (loss) for the period to be appropriated | 9905 | €4,578,648 | €1,367,300 | -€3.2m | -70.1% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.