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DECOMARKET: 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.

What changed

DECOMARKET

BE 0893.868.064
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€61,503
2024 · €78,436-€16,934
Equity
€1.9m
2024 · €1.8m+€61,503
Cash
€35,552
2024 · €34,619+€933
Balance sheet total
€3.5m
2024 · €3.6m-€47,300

Largest movements

2024 to 2025
Assets
  • Tangible fixed assets -€137,489

    down €137,489 (-4.8%), from €2.8m to €2.7m

  • Current investments +€88,928

    up €88,928 (+13.2%), from €672,356 to €761,284

Equity and liabilities
  • Debts after one year -€102,766

    down €102,766 (-7.0%), from €1.5m to €1.4m

    of which Other amounts payable: -€58,036

  • Reserves +€61,503

    up €61,503 (+87.0%), from €70,727 to €132,230

Income statement
  • Gross operating margin -€18,700

    down €18,700 (-6.8%), from €276,497 to €257,797

  • Financial charges -€14,077

    down €14,077 (-59.7%), from €23,597 to €9,520

  • Taxes +€5,905

    up €5,905 (+25.7%), from €22,944 to €28,849

  • Financial income -€4,390

    down €4,390 (-41.3%), from €10,640 to €6,250

From the 2024 result to the 2025 result

effect on the 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 €78,436
Gross operating margin -€18,700
Depreciation -€949
Other operating charges -€1,067
Financial income -€4,390
Financial charges +€14,077
Taxes -€5,905
Result 2025 €61,503

Cash bridge derived

cash 2024 to 2025

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 +€194,965
Investment -€91,757
Financing -€102,275
Cash 2024 €34,619
Net result for the year +€61,503
Depreciation +€140,317
Smaller working-capital items -€298
Trade debts -€21,807
Tax, wage and social debts +€12,552
Other debts +€2,698
Investment in fixed assets (net) -€2,829
Current investments -€88,928
Debts after one year -€102,766
Current portion of long-term debt +€491
Cash 2025 €35,552
Every line side by side 41 lines
Line Code 2024 2025 Change %
Total assets 20/58 €3,554,489 €3,507,189 -€47,300 -1.3%
Fixed assets 21/28 €2,844,862 €2,707,373 -€137,489 -4.8%
Tangible fixed assets 22/27 €2,844,862 €2,707,373 -€137,489 -4.8%
Land and buildings 22 €2,844,862 €2,707,373 -€137,489 -4.8%
Current assets 29/58 €709,627 €799,816 +€90,189 +12.7%
Amounts receivable within one year 40/41 €0 €265 +€265
Trade receivables 40 - €265 +€265
Other amounts receivable 41 €0 - =
Current investments 50/53 €672,356 €761,284 +€88,928 +13.2%
Cash at bank and in hand 54/58 €34,619 €35,552 +€933 +2.7%
Deferred charges and accrued income 490/1 €2,652 €2,715 +€62 +2.3%
Total equity and liabilities 10/49 €3,554,489 €3,507,189 -€47,300 -1.3%
Equity 10/15 €1,792,327 €1,853,830 +€61,503 +3.4%
Contributions 10/11 €1,721,600 €1,721,600 = 0.0%
Reserves 13 €70,727 €132,230 +€61,503 +87.0%
Distributable reserves 133 €70,727 €132,230 +€61,503 +87.0%
Profit (loss) carried forward 14 €0 - =
Amounts payable 17/49 €1,762,162 €1,653,359 -€108,802 -6.2%
Amounts payable after more than one year 17 €1,471,746 €1,368,980 -€102,766 -7.0%
Financial debts 170/4 €675,935 €631,205 -€44,730 -6.6%
Other amounts payable 178/9 €795,811 €737,775 -€58,036 -7.3%
Amounts payable within one year 42/48 €275,103 €269,037 -€6,066 -2.2%
Current portion of amounts payable after more than one year 42 €44,239 €44,730 +€491 +1.1%
Trade debts 44 €22,058 €251 -€21,807 -98.9%
Suppliers 440/4 €22,058 €251 -€21,807 -98.9%
Taxes, remuneration and social security 45 €5,076 €17,629 +€12,552 +247.3%
Taxes 450/3 €5,076 €17,629 +€12,552 +247.3%
Other amounts payable 47/48 €203,730 €206,428 +€2,698 +1.3%
Accrued charges and deferred income 492/3 €15,312 €15,342 +€29 +0.2%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €139,369 €140,317 +€949 +0.7%
Other operating charges 640/8 €22,790 €23,858 +€1,067 +4.7%
Gross operating margin 9900 €276,497 €257,797 -€18,700 -6.8%
Operating profit (loss) 9901 €114,338 €93,622 -€20,716 -18.1%
Financial income 75/76B €10,640 €6,250 -€4,390 -41.3%
Recurring financial income 75 €10,640 €6,250 -€4,390 -41.3%
Financial charges 65/66B €23,597 €9,520 -€14,077 -59.7%
Recurring financial charges 65 €23,597 €9,520 -€14,077 -59.7%
Profit (loss) for the period before taxes 9903 €101,380 €90,351 -€11,029 -10.9%
Income taxes 67/77 €22,944 €28,849 +€5,905 +25.7%
Profit (loss) for the period 9904 €78,436 €61,503 -€16,934 -21.6%
Profit (loss) for the period to be appropriated 9905 €78,436 €61,503 -€16,934 -21.6%

Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.