DECOMET: 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
DECOMET
NACE 25.120, Manufacture of fabricated metal products, except machinery and equipment
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€165,923
2024 · -€171,713+€5,791
Equity
€406,424
2024 · €572,347-€165,923
Cash
€9,045
2024 · €33,237-€24,192
Balance sheet total
€2.6m
2024 · €3.3m-€703,445
Largest movements
Assets
- Receivables within one year -€511,698
down €511,698 (-37.9%), from €1.3m to €836,951
of which Trade receivables: -€422,840
- Tangible fixed assets -€259,938
down €259,938 (-39.4%), from €660,437 to €400,498
of which Leasing and similar rights: -€224,853
- Deferred charges and accrued income +€94,201
up €94,201 (+471%), from €19,990 to €114,191
Equity and liabilities
- Trade debts -€296,531
down €296,531 (-27.1%), from €1.1m to €799,078
- Debts after one year -€210,691
down €210,691 (-40.4%), from €521,649 to €310,958
of which Financial debts: -€210,691
- Profit (loss) carried forward -€109,411
no longer reported in 2025 (was €109,411)
- Short-term financial debts -€74,579
down €74,579 (-8.6%), from €863,252 to €788,673
- Reserves -€56,511
down €56,511 (-14.1%), from €400,935 to €344,424
of which Distributable reserves: -€56,511
Income statement
- Staff costs -€277,454
down €277,454 (-21.3%), from €1.3m to €1.0m
- Gross operating margin -€223,931
down €223,931 (-15.9%), from €1.4m to €1.2m
- Depreciation -€49,034
down €49,034 (-27.5%), from €178,246 to €129,212
- Other operating charges +€40,756
up €40,756 (+961%), from €4,242 to €44,998
- Financial charges -€26,302
down €26,302 (-27.8%), from €94,510 to €68,208
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
-€171,713
Gross operating margin
-€223,931
Staff costs
+€277,454
Depreciation
+€49,034
Write-downs
-€25,343
Other operating charges
-€40,756
Other operating items
-€52,080
Financial income
-€5,834
Financial charges
+€26,302
Taxes
+€945
Result 2025
-€165,923
raises the resultlowers the resultnot broken down further in the accounts
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
+€166,174
Investment
+€117,603
Financing
-€307,969
Cash 2024
€33,237
From operations (derived)
+€166,174
Net result for the year
-€165,923
Depreciation
+€129,212
Receivables after one year
+€7,795
Stocks and contracts
+€7,146
Receivables within one year
+€511,698
Deferred charges and accrued income
-€94,201
Trade debts
-€296,531
Tax, wage and social debts
+€38,404
Other debts
-€99
Accrued charges and deferred income
+€28,674
Investment (derived)
+€117,603
Investment in fixed assets (net)
+€117,603
Financing
-€307,969
Debts after one year
-€210,691
Current portion of long-term debt
-€22,699
Short-term financial debts
-€74,579
Cash 2025
€9,045
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,322,779 | €2,619,334 | -€703,445 | -21.2% |
| Fixed assets | 21/28 | €662,130 | €415,315 | -€246,815 | -37.3% |
| Intangible fixed assets | 21 | €1,660 | €14,784 | +€13,124 | +791% |
| Tangible fixed assets | 22/27 | €660,437 | €400,498 | -€259,938 | -39.4% |
| Land and buildings | 22 | - | €731 | +€731 | |
| Plant, machinery and equipment | 23 | €116,600 | €82,040 | -€34,560 | -29.6% |
| Furniture and vehicles | 24 | €18,005 | €16,749 | -€1,257 | -7.0% |
| Leasing and similar rights | 25 | €525,832 | €300,978 | -€224,853 | -42.8% |
| Financial fixed assets | 28 | €33 | €33 | = | 0.0% |
| Current assets | 29/58 | €2,660,649 | €2,204,019 | -€456,630 | -17.2% |
| Amounts receivable after more than one year | 29 | €866,403 | €858,608 | -€7,795 | -0.9% |
| Trade receivables | 290 | €866,403 | €858,608 | -€7,795 | -0.9% |
| Stocks and contracts in progress | 3 | €392,371 | €385,225 | -€7,146 | -1.8% |
| Stocks | 30/36 | €392,371 | €385,225 | -€7,146 | -1.8% |
| Amounts receivable within one year | 40/41 | €1,348,649 | €836,951 | -€511,698 | -37.9% |
| Trade receivables | 40 | €1,075,325 | €652,485 | -€422,840 | -39.3% |
| Other amounts receivable | 41 | €273,323 | €184,466 | -€88,857 | -32.5% |
| Cash at bank and in hand | 54/58 | €33,237 | €9,045 | -€24,192 | -72.8% |
| Deferred charges and accrued income | 490/1 | €19,990 | €114,191 | +€94,201 | +471% |
| Total equity and liabilities | 10/49 | €3,322,779 | €2,619,334 | -€703,445 | -21.2% |
| Equity | 10/15 | €572,347 | €406,424 | -€165,923 | -29.0% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €400,935 | €344,424 | -€56,511 | -14.1% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €394,735 | €338,224 | -€56,511 | -14.3% |
| Profit (loss) carried forward | 14 | €109,411 | - | -€109,411 | |
| Amounts payable | 17/49 | €2,750,432 | €2,212,910 | -€537,522 | -19.5% |
| Amounts payable after more than one year | 17 | €521,649 | €310,958 | -€210,691 | -40.4% |
| Financial debts | 170/4 | €436,389 | €225,698 | -€210,691 | -48.3% |
| Trade debts | 175 | €85,260 | €85,260 | = | 0.0% |
| Amounts payable within one year | 42/48 | €2,220,395 | €1,864,890 | -€355,505 | -16.0% |
| Current portion of amounts payable after more than one year | 42 | €140,353 | €117,654 | -€22,699 | -16.2% |
| Financial debts | 43 | €863,252 | €788,673 | -€74,579 | -8.6% |
| Credit institutions | 430/8 | €863,252 | €788,673 | -€74,579 | -8.6% |
| Trade debts | 44 | €1,095,609 | €799,078 | -€296,531 | -27.1% |
| Suppliers | 440/4 | €1,095,609 | €799,078 | -€296,531 | -27.1% |
| Taxes, remuneration and social security | 45 | €121,081 | €159,485 | +€38,404 | +31.7% |
| Taxes | 450/3 | €9,146 | €444 | -€8,702 | -95.1% |
| Remuneration and social security | 454/9 | €111,935 | €159,041 | +€47,105 | +42.1% |
| Other amounts payable | 47/48 | €99 | - | -€99 | |
| Accrued charges and deferred income | 492/3 | €8,389 | €37,062 | +€28,674 | +342% |
| Non-recurring operating income | 76A | €7,756 | €2,633 | -€5,123 | -66.0% |
| Remuneration, social security and pensions | 62 | €1,304,304 | €1,026,850 | -€277,454 | -21.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €178,246 | €129,212 | -€49,034 | -27.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €25,343 | +€25,343 | |
| Other operating charges | 640/8 | €4,242 | €44,998 | +€40,756 | +961% |
| Non-recurring operating charges | 66A | €347 | €52,427 | +€52,080 | +15,023% |
| Gross operating margin | 9900 | €1,404,484 | €1,180,553 | -€223,931 | -15.9% |
| Operating profit (loss) | 9901 | -€82,654 | -€98,276 | -€15,622 | -18.9% |
| Financial income | 75/76B | €5,834 | - | -€5,834 | |
| Recurring financial income | 75 | €5,834 | - | -€5,834 | |
| Financial charges | 65/66B | €94,510 | €68,208 | -€26,302 | -27.8% |
| Recurring financial charges | 65 | €94,510 | €68,208 | -€26,302 | -27.8% |
| Profit (loss) for the period before taxes | 9903 | -€171,329 | -€166,484 | +€4,846 | +2.8% |
| Income taxes | 67/77 | €384 | -€561 | -€945 | |
| Profit (loss) for the period | 9904 | -€171,713 | -€165,923 | +€5,791 | +3.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€171,713 | -€165,923 | +€5,791 | +3.4% |
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 18 October 2026 via checked.be.