DECOMAX: 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.
DECOMAX
Largest movements
- Tangible fixed assets -€30,190
down €30,190 (-2.2%), from €1.3m to €1.3m
- Receivables within one year +€14,400
up €14,400 (+27.3%), from €52,706 to €67,106
- Debts after one year -€52,279
down €52,279 (-7.0%), from €747,410 to €695,131
- Profit (loss) carried forward +€26,001
up €26,001 (+27.1%), from -€96,091 to -€70,091
- Trade debts +€20,952
up €20,952 (+8.6%), from €242,574 to €263,526
- Gross operating margin +€33,067
up €33,067 (+41.9%), from €78,898 to €111,964
- Depreciation +€4,772
up €4,772 (+10.0%), from €47,943 to €52,715
- Financial charges -€1,405
down €1,405 (-5.3%), from €26,729 to €25,324
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,410,635 | €1,406,095 | -€4,540 | -0.3% |
| Fixed assets | 21/28 | €1,343,508 | €1,313,319 | -€30,190 | -2.2% |
| Tangible fixed assets | 22/27 | €1,343,508 | €1,313,319 | -€30,190 | -2.2% |
| Land and buildings | 22 | €1,343,508 | €1,313,319 | -€30,190 | -2.2% |
| Current assets | 29/58 | €67,126 | €92,776 | +€25,650 | +38.2% |
| Amounts receivable within one year | 40/41 | €52,706 | €67,106 | +€14,400 | +27.3% |
| Trade receivables | 40 | €52,706 | €67,106 | +€14,400 | +27.3% |
| Cash at bank and in hand | 54/58 | €14,420 | €25,670 | +€11,250 | +78.0% |
| Total equity and liabilities | 10/49 | €1,410,635 | €1,406,095 | -€4,540 | -0.3% |
| Equity | 10/15 | -€88,031 | -€62,031 | +€26,001 | +29.5% |
| Contributions | 10/11 | €8,060 | €8,060 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€96,091 | -€70,091 | +€26,001 | +27.1% |
| Amounts payable | 17/49 | €1,498,666 | €1,468,126 | -€30,540 | -2.0% |
| Amounts payable after more than one year | 17 | €747,410 | €695,131 | -€52,279 | -7.0% |
| Financial debts | 170/4 | €747,410 | €695,131 | -€52,279 | -7.0% |
| Amounts payable within one year | 42/48 | €749,206 | €772,994 | +€23,789 | +3.2% |
| Current portion of amounts payable after more than one year | 42 | €51,947 | €53,539 | +€1,592 | +3.1% |
| Financial debts | 43 | €11 | €6 | -€5 | -47.0% |
| Credit institutions | 430/8 | €11 | €6 | -€5 | -47.0% |
| Trade debts | 44 | €242,574 | €263,526 | +€20,952 | +8.6% |
| Suppliers | 440/4 | €242,574 | €263,526 | +€20,952 | +8.6% |
| Other amounts payable | 47/48 | €454,673 | €455,923 | +€1,250 | +0.3% |
| Accrued charges and deferred income | 492/3 | €2,050 | - | -€2,050 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €47,943 | €52,715 | +€4,772 | +10.0% |
| Other operating charges | 640/8 | €7,517 | €7,925 | +€407 | +5.4% |
| Gross operating margin | 9900 | €78,898 | €111,964 | +€33,067 | +41.9% |
| Operating profit (loss) | 9901 | €23,437 | €51,325 | +€27,887 | +119% |
| Financial charges | 65/66B | €26,729 | €25,324 | -€1,405 | -5.3% |
| Recurring financial charges | 65 | €26,729 | €25,324 | -€1,405 | -5.3% |
| Profit (loss) for the period before taxes | 9903 | -€3,292 | €26,001 | +€29,293 | |
| Profit (loss) for the period | 9904 | -€3,292 | €26,001 | +€29,293 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,292 | €26,001 | +€29,293 |
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 16 October 2026 via checked.be.