DECOMEN: 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.
DECOMEN
Largest movements
- Tangible fixed assets -€86,854
down €86,854 (-15.5%), from €561,642 to €474,788
of which Plant, machinery and equipment: -€54,066
- Receivables within one year -€29,528
down €29,528 (-15.8%), from €186,950 to €157,421
of which Other amounts receivable: -€24,084
- Cash +€19,098
up €19,098 (+43.4%), from €44,048 to €63,145
mainly Depreciation (+€150,009) and Short-term financial debts (+€50,000)
- Trade debts -€93,000
down €93,000 (-62.2%), from €149,599 to €56,598
- Debts after one year -€64,519
down €64,519 (-19.7%), from €327,210 to €262,691
of which Financial debts: -€64,519
- Short-term financial debts +€50,000
up €50,000 (+31.3%), from €160,000 to €210,000
- Reserves +€20,794
up €20,794 (+69.6%), from €29,876 to €50,670
- Tax, wage and social debts -€13,173
down €13,173 (-42.3%), from €31,156 to €17,983
of which Taxes: -€14,323
- Gross operating margin +€40,328
up €40,328 (+20.6%), from €196,071 to €236,399
- Financial charges -€23,739
down €23,739 (-51.9%), from €45,765 to €22,026
- Depreciation +€15,813
up €15,813 (+11.8%), from €134,196 to €150,009
- Taxes +€9,506
up €9,506 (+11,538%), from €82 to €9,588
- Staff costs +€7,904
up €7,904 (+40.4%), from €19,563 to €27,467
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 | €840,416 | €745,436 | -€94,980 | -11.3% |
| Fixed assets | 21/28 | €561,642 | €474,788 | -€86,854 | -15.5% |
| Tangible fixed assets | 22/27 | €561,642 | €474,788 | -€86,854 | -15.5% |
| Plant, machinery and equipment | 23 | €406,628 | €352,562 | -€54,066 | -13.3% |
| Furniture and vehicles | 24 | €133,487 | €104,532 | -€28,955 | -21.7% |
| Other tangible fixed assets | 26 | €21,526 | €17,694 | -€3,832 | -17.8% |
| Current assets | 29/58 | €278,774 | €270,648 | -€8,126 | -2.9% |
| Stocks and contracts in progress | 3 | €44,390 | €45,290 | +€900 | +2.0% |
| Stocks | 30/36 | €44,390 | €45,290 | +€900 | +2.0% |
| Amounts receivable within one year | 40/41 | €186,950 | €157,421 | -€29,528 | -15.8% |
| Trade receivables | 40 | €162,388 | €156,944 | -€5,444 | -3.4% |
| Other amounts receivable | 41 | €24,561 | €477 | -€24,084 | -98.1% |
| Cash at bank and in hand | 54/58 | €44,048 | €63,145 | +€19,098 | +43.4% |
| Deferred charges and accrued income | 490/1 | €3,387 | €4,791 | +€1,404 | +41.5% |
| Total equity and liabilities | 10/49 | €840,416 | €745,436 | -€94,980 | -11.3% |
| Equity | 10/15 | €73,476 | €94,270 | +€20,794 | +28.3% |
| Contributions | 10/11 | €43,600 | €43,600 | = | 0.0% |
| Reserves | 13 | €29,876 | €50,670 | +€20,794 | +69.6% |
| Distributable reserves | 133 | €29,876 | €50,670 | +€20,794 | +69.6% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €766,940 | €651,166 | -€115,774 | -15.1% |
| Amounts payable after more than one year | 17 | €327,210 | €262,691 | -€64,519 | -19.7% |
| Financial debts | 170/4 | €250,710 | €186,191 | -€64,519 | -25.7% |
| Other amounts payable | 178/9 | €76,500 | €76,500 | = | 0.0% |
| Amounts payable within one year | 42/48 | €435,141 | €383,976 | -€51,165 | -11.8% |
| Current portion of amounts payable after more than one year | 42 | €61,804 | €64,519 | +€2,714 | +4.4% |
| Financial debts | 43 | €160,000 | €210,000 | +€50,000 | +31.3% |
| Credit institutions | 430/8 | €160,000 | €210,000 | +€50,000 | +31.3% |
| Trade debts | 44 | €149,599 | €56,598 | -€93,000 | -62.2% |
| Suppliers | 440/4 | €149,599 | €56,598 | -€93,000 | -62.2% |
| Taxes, remuneration and social security | 45 | €31,156 | €17,983 | -€13,173 | -42.3% |
| Taxes | 450/3 | €30,880 | €16,557 | -€14,323 | -46.4% |
| Remuneration and social security | 454/9 | €275 | €1,426 | +€1,150 | +418% |
| Other amounts payable | 47/48 | €32,582 | €34,877 | +€2,295 | +7.0% |
| Accrued charges and deferred income | 492/3 | €4,589 | €4,498 | -€91 | -2.0% |
| Remuneration, social security and pensions | 62 | €19,563 | €27,467 | +€7,904 | +40.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €134,196 | €150,009 | +€15,813 | +11.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €1,967 | €0 | -€1,967 | -100% |
| Other operating charges | 640/8 | €416 | €1,220 | +€804 | +193% |
| Gross operating margin | 9900 | €196,071 | €236,399 | +€40,328 | +20.6% |
| Operating profit (loss) | 9901 | €39,929 | €57,703 | +€17,774 | +44.5% |
| Financial income | 75/76B | €6,799 | €5 | -€6,794 | -99.9% |
| Recurring financial income | 75 | €6,799 | €5 | -€6,794 | -99.9% |
| Financial charges | 65/66B | €45,765 | €22,026 | -€23,739 | -51.9% |
| Recurring financial charges | 65 | €45,765 | €22,026 | -€23,739 | -51.9% |
| Profit (loss) for the period before taxes | 9903 | €963 | €35,682 | +€34,718 | +3,604% |
| Income taxes | 67/77 | €82 | €9,588 | +€9,506 | +11,538% |
| Profit (loss) for the period | 9904 | €881 | €26,094 | +€25,213 | +2,862% |
| Profit (loss) for the period to be appropriated | 9905 | €881 | €26,094 | +€25,213 | +2,862% |
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 13 October 2026 via checked.be.