DECOLOGIC: 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
DECOLOGIC
NACE 68.203, Renting and operating of own or leased non-residential real estate, excluding land
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€90,482
2024 · €83,409+€7,073
Equity
€4.2m
2024 · €4.2m+€74,881
Cash
€133,319
2024 · €77,789+€55,530
Balance sheet total
€14.6m
2024 · €14.0m+€659,226
Largest movements
Assets
- Tangible fixed assets +€693,817
up €693,817 (+10.1%), from €6.9m to €7.6m
of which Other tangible fixed assets: +€1.5m
- Deferred charges and accrued income -€196,739
down €196,739 (-9.5%), from €2.1m to €1.9m
- Receivables within one year +€164,334
up €164,334 (+51.6%), from €318,569 to €482,903
of which Trade receivables: +€181,210
Equity and liabilities
- Debts after one year +€554,800
up €554,800 (+12.6%), from €4.4m to €4.9m
- Current portion of long-term debt +€207,022
up €207,022 (+34.7%), from €597,006 to €804,029
- Accrued charges and deferred income -€196,296
down €196,296 (-4.4%), from €4.4m to €4.2m
Income statement
- Gross operating margin +€79,237
up €79,237 (+5.8%), from €1.4m to €1.4m
- Depreciation +€70,855
up €70,855 (+15.3%), from €464,374 to €535,229
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
€83,409
Gross operating margin
+€79,237
Staff costs
+€3,624
Depreciation
-€70,855
Other operating charges
-€7,072
Financial income
+€1,846
Financial charges
+€292
Result 2025
€90,482
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
+€538,354
Investment
-€1.2m
Financing
+€746,221
Cash 2024
€77,789
From operations (derived)
+€538,354
Net result for the year
+€90,482
Depreciation
+€535,229
Receivables after one year
+€57,716
Receivables within one year
-€164,334
Deferred charges and accrued income
+€196,739
Trade debts
+€16,145
Tax, wage and social debts
+€2,674
Accrued charges and deferred income
-€196,296
Investment (derived)
-€1.2m
Investment in fixed assets (net)
-€1.2m
Financing
+€746,221
Debts after one year
+€554,800
Current portion of long-term debt
+€207,022
Contributions, distributions and other
-€15,601
Cash 2025
€133,319
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €13,967,291 | €14,626,517 | +€659,226 | +4.7% |
| Fixed assets | 21/28 | €6,879,811 | €7,573,628 | +€693,817 | +10.1% |
| Tangible fixed assets | 22/27 | €6,879,811 | €7,573,628 | +€693,817 | +10.1% |
| Land and buildings | 22 | €250,000 | €250,000 | = | 0.0% |
| Leasing and similar rights | 25 | €4,700,481 | €4,264,338 | -€436,143 | -9.3% |
| Other tangible fixed assets | 26 | €1,511,980 | €3,059,289 | +€1.5m | +102% |
| Assets under construction and advance payments | 27 | €417,350 | - | -€417,350 | |
| Current assets | 29/58 | €7,087,480 | €7,052,889 | -€34,591 | -0.5% |
| Amounts receivable after more than one year | 29 | €4,614,195 | €4,556,479 | -€57,716 | -1.3% |
| Other amounts receivable | 291 | €4,614,195 | €4,556,479 | -€57,716 | -1.3% |
| Amounts receivable within one year | 40/41 | €318,569 | €482,903 | +€164,334 | +51.6% |
| Trade receivables | 40 | €194,957 | €376,167 | +€181,210 | +92.9% |
| Other amounts receivable | 41 | €123,613 | €106,737 | -€16,876 | -13.7% |
| Cash at bank and in hand | 54/58 | €77,789 | €133,319 | +€55,530 | +71.4% |
| Deferred charges and accrued income | 490/1 | €2,076,926 | €1,880,187 | -€196,739 | -9.5% |
| Total equity and liabilities | 10/49 | €13,967,291 | €14,626,517 | +€659,226 | +4.7% |
| Equity | 10/15 | €4,169,657 | €4,244,538 | +€74,881 | +1.8% |
| Contributions | 10/11 | €4,571,225 | €4,571,225 | = | 0.0% |
| Reserves | 13 | €19,096 | €19,096 | = | 0.0% |
| Distributable reserves | 133 | €19,096 | €19,096 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€560,782 | -€470,300 | +€90,482 | +16.1% |
| Investment grants | 15 | €140,118 | €124,517 | -€15,601 | -11.1% |
| Amounts payable | 17/49 | €9,797,634 | €10,381,978 | +€584,345 | +6.0% |
| Amounts payable after more than one year | 17 | €4,390,393 | €4,945,193 | +€554,800 | +12.6% |
| Financial debts | 170/4 | €4,390,393 | €4,945,193 | +€554,800 | +12.6% |
| Amounts payable within one year | 42/48 | €987,774 | €1,213,615 | +€225,841 | +22.9% |
| Current portion of amounts payable after more than one year | 42 | €597,006 | €804,029 | +€207,022 | +34.7% |
| Trade debts | 44 | €329,068 | €345,213 | +€16,145 | +4.9% |
| Suppliers | 440/4 | €329,068 | €345,213 | +€16,145 | +4.9% |
| Taxes, remuneration and social security | 45 | €61,699 | €64,373 | +€2,674 | +4.3% |
| Taxes | 450/3 | - | €1,450 | +€1,450 | |
| Remuneration and social security | 454/9 | €61,699 | €62,924 | +€1,225 | +2.0% |
| Accrued charges and deferred income | 492/3 | €4,419,467 | €4,223,170 | -€196,296 | -4.4% |
| Non-recurring operating income | 76A | €31,029 | €31,029 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €453,236 | €449,612 | -€3,624 | -0.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €464,374 | €535,229 | +€70,855 | +15.3% |
| Other operating charges | 640/8 | €355,670 | €362,742 | +€7,072 | +2.0% |
| Gross operating margin | 9900 | €1,365,857 | €1,445,094 | +€79,237 | +5.8% |
| Operating profit (loss) | 9901 | €92,577 | €97,511 | +€4,935 | +5.3% |
| Financial income | 75/76B | €107,885 | €109,731 | +€1,846 | +1.7% |
| Recurring financial income | 75 | €107,885 | €109,731 | +€1,846 | +1.7% |
| Financial charges | 65/66B | €117,052 | €116,760 | -€292 | -0.2% |
| Recurring financial charges | 65 | €117,052 | €116,760 | -€292 | -0.2% |
| Profit (loss) for the period before taxes | 9903 | €83,409 | €90,482 | +€7,073 | +8.5% |
| Profit (loss) for the period | 9904 | €83,409 | €90,482 | +€7,073 | +8.5% |
| Profit (loss) for the period to be appropriated | 9905 | €83,409 | €90,482 | +€7,073 | +8.5% |
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 15 October 2026 via checked.be.