DECOLO: what changed
What changed
DECOLO
NACE 43.422, Screed work
filed annual accounts (NBB)
Net result for the year
€62,994
2024 · €66,161-€3,167
Equity
€163,784
2024 · €150,790+€12,994
Cash
€133,070
2024 · €154,878-€21,808
Balance sheet total
€1.4m
2024 · €1.1m+€333,527
Largest movements
Assets
- Receivables within one year +€343,058
up €343,058 (+57.2%), from €600,034 to €943,091
of which Trade receivables: +€295,400
- Stocks and contracts +€24,741
up €24,741 (+31.8%), from €77,836 to €102,578
- Cash -€21,808
down €21,808 (-14.1%), from €154,878 to €133,070
mainly Receivables within one year (-€343,058) and Contributions, distributions and other (-€50,000)
- Tangible fixed assets -€20,859
down €20,859 (-10.8%), from €192,883 to €172,025
of which Furniture and vehicles: -€26,139
Equity and liabilities
- Trade debts +€289,630
up €289,630 (+73.8%), from €392,683 to €682,313
- Other debts +€46,238
up €46,238 (+1,229%), from €3,762 to €50,000
- Debts after one year -€41,133
down €41,133 (-9.8%), from €419,534 to €378,401
- Accrued charges and deferred income +€18,092
new in 2025: €18,092
Income statement
- Gross operating margin +€63,748
up €63,748 (+10.1%), from €629,058 to €692,806
- Staff costs +€57,861
up €57,861 (+12.4%), from €466,778 to €524,639
- Other operating charges +€18,392
up €18,392 (+480%), from €3,833 to €22,225
- Taxes -€13,466
down €13,466 (-52.2%), from €25,786 to €12,320
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€66,161
Gross operating margin
+€63,748
Staff costs
-€57,861
Depreciation
-€2,593
Other operating charges
-€18,392
Other operating items
+€871
Financial income
-€1,450
Financial charges
-€956
Taxes
+€13,466
Result 2025
€62,994
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€103,869
Investment
-€31,405
Financing
-€94,271
Cash 2024
€154,878
From operations (derived)
+€103,869
Net result for the year
+€62,994
Depreciation
+€53,154
Stocks and contracts
-€24,741
Receivables within one year
-€343,058
Deferred charges and accrued income
-€9,284
Trade debts
+€289,630
Tax, wage and social debts
+€10,844
Other debts
+€46,238
Accrued charges and deferred income
+€18,092
Investment (derived)
-€31,405
Investment in fixed assets (net)
-€34,315
Current investments
+€2,910
Financing
-€94,271
Debts after one year
-€41,133
Current portion of long-term debt
-€5,209
Short-term financial debts
+€2,071
Contributions, distributions and other
-€50,000
Cash 2025
€133,070
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,064,564 | €1,398,091 | +€333,527 | +31.3% |
| Fixed assets | 21/28 | €215,870 | €197,031 | -€18,838 | -8.7% |
| Intangible fixed assets | 21 | €22,986 | €25,007 | +€2,020 | +8.8% |
| Tangible fixed assets | 22/27 | €192,883 | €172,025 | -€20,859 | -10.8% |
| Plant, machinery and equipment | 23 | €51,812 | €63,230 | +€11,417 | +22.0% |
| Furniture and vehicles | 24 | €90,283 | €64,144 | -€26,139 | -29.0% |
| Other tangible fixed assets | 26 | €50,788 | €44,651 | -€6,137 | -12.1% |
| Current assets | 29/58 | €848,694 | €1,201,060 | +€352,365 | +41.5% |
| Stocks and contracts in progress | 3 | €77,836 | €102,578 | +€24,741 | +31.8% |
| Stocks | 30/36 | €77,836 | €102,578 | +€24,741 | +31.8% |
| Amounts receivable within one year | 40/41 | €600,034 | €943,091 | +€343,058 | +57.2% |
| Trade receivables | 40 | €529,677 | €825,077 | +€295,400 | +55.8% |
| Other amounts receivable | 41 | €70,357 | €118,015 | +€47,658 | +67.7% |
| Current investments | 50/53 | €2,910 | €0 | -€2,910 | -100% |
| Cash at bank and in hand | 54/58 | €154,878 | €133,070 | -€21,808 | -14.1% |
| Deferred charges and accrued income | 490/1 | €13,036 | €22,320 | +€9,284 | +71.2% |
| Total equity and liabilities | 10/49 | €1,064,564 | €1,398,091 | +€333,527 | +31.3% |
| Equity | 10/15 | €150,790 | €163,784 | +€12,994 | +8.6% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €130,790 | €143,784 | +€12,994 | +9.9% |
| Distributable reserves | 133 | €130,790 | €143,784 | +€12,994 | +9.9% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €913,774 | €1,234,307 | +€320,533 | +35.1% |
| Amounts payable after more than one year | 17 | €419,534 | €378,401 | -€41,133 | -9.8% |
| Financial debts | 170/4 | €419,534 | €378,401 | -€41,133 | -9.8% |
| Amounts payable within one year | 42/48 | €494,240 | €837,813 | +€343,573 | +69.5% |
| Current portion of amounts payable after more than one year | 42 | €46,342 | €41,133 | -€5,209 | -11.2% |
| Financial debts | 43 | €6,343 | €8,413 | +€2,071 | +32.6% |
| Credit institutions | 430/8 | €6,343 | €8,413 | +€2,071 | +32.6% |
| Trade debts | 44 | €392,683 | €682,313 | +€289,630 | +73.8% |
| Suppliers | 440/4 | €392,683 | €682,313 | +€289,630 | +73.8% |
| Taxes, remuneration and social security | 45 | €45,111 | €55,954 | +€10,844 | +24.0% |
| Taxes | 450/3 | €14,401 | €9,330 | -€5,070 | -35.2% |
| Remuneration and social security | 454/9 | €30,710 | €46,624 | +€15,914 | +51.8% |
| Other amounts payable | 47/48 | €3,762 | €50,000 | +€46,238 | +1,229% |
| Accrued charges and deferred income | 492/3 | - | €18,092 | +€18,092 | |
| Remuneration, social security and pensions | 62 | €466,778 | €524,639 | +€57,861 | +12.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €50,561 | €53,154 | +€2,593 | +5.1% |
| Other operating charges | 640/8 | €3,833 | €22,225 | +€18,392 | +480% |
| Non-recurring operating charges | 66A | €871 | €0 | -€871 | -100% |
| Gross operating margin | 9900 | €629,058 | €692,806 | +€63,748 | +10.1% |
| Operating profit (loss) | 9901 | €107,016 | €92,789 | -€14,227 | -13.3% |
| Financial income | 75/76B | €6,487 | €5,036 | -€1,450 | -22.4% |
| Recurring financial income | 75 | €6,487 | €5,036 | -€1,450 | -22.4% |
| Financial charges | 65/66B | €21,556 | €22,512 | +€956 | +4.4% |
| Recurring financial charges | 65 | €21,556 | €22,512 | +€956 | +4.4% |
| Profit (loss) for the period before taxes | 9903 | €91,946 | €75,314 | -€16,633 | -18.1% |
| Income taxes | 67/77 | €25,786 | €12,320 | -€13,466 | -52.2% |
| Profit (loss) for the period | 9904 | €66,161 | €62,994 | -€3,167 | -4.8% |
| Profit (loss) for the period to be appropriated | 9905 | €66,161 | €62,994 | -€3,167 | -4.8% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.