Decomo: 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
Decomo
NACE 23.610, Manufacture of other non-metallic mineral products
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€364,646
2023 · -€10,113+€374,759
Equity
€7.6m
2023 · €7.7m-€106,222
Cash
€669,100
2023 · €935,374-€266,274
Balance sheet total
€12.0m
2023 · €17.5m-€5.5m
Largest movements
Assets
- Stocks and contracts -€2.6m
down €2.6m (-37.6%), from €6.8m to €4.2m
of which Contracts in progress: -€2.1m
- Receivables within one year -€1.5m
down €1.5m (-40.4%), from €3.6m to €2.1m
of which Trade receivables: -€1.6m
- Financial fixed assets -€467,437
down €467,437 (-23.3%), from €2.0m to €1.5m
of which Affiliated companies: -€467,437
- Tangible fixed assets -€462,212
down €462,212 (-16.7%), from €2.8m to €2.3m
of which Land and buildings: -€239,669
- Intangible fixed assets -€431,531
down €431,531 (-34.1%), from €1.3m to €832,623
Equity and liabilities
- Debts after one year -€2.3m
down €2.3m (-68.3%), from €3.4m to €1.1m
of which Other amounts payable: -€2.1m
- Short-term financial debts -€1.0m
down €1.0m (-100.0%), from €1.0m to €0
- Trade debts -€808,788
down €808,788 (-33.2%), from €2.4m to €1.6m
- Revaluation surpluses -€475,371
down €475,371 (-22.5%), from €2.1m to €1.6m
- Tax, wage and social debts -€446,071
down €446,071 (-24.4%), from €1.8m to €1.4m
of which Remuneration and social security: -€276,465
Income statement
- Services and other goods -€1.6m
down €1.6m (-25.0%), from €6.4m to €4.8m
- Goods and materials -€1.6m
down €1.6m (-18.9%), from €8.3m to €6.8m
of which Purchases: -€2.2m
- Turnover +€1.6m
up €1.6m (+6.9%), from €22.5m to €24.1m
- Financial income +€818,991
up €818,991 (+405.8%), from €201,820 to €1.0m
of which Financial income: +€742,448
- Financial charges +€247,133
up €247,133 (+86.8%), from €284,590 to €531,723
of which Financial charges: +€249,349
From the 2023 result to the 2024 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 2023
-€10,113
Turnover
+€1.6m
Other operating income
+€7,684
Goods and materials
+€1.6m
Services and other goods
+€1.6m
Staff costs
-€19,004
Depreciation
-€96,847
Provisions
+€215,000
Other operating charges
-€19,503
Other operating items
-€5.1m
Financial income
+€818,991
Financial charges
-€247,133
Taxes
+€33,822
Deferred taxes and other
-€2,941
Result 2024
€364,646
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
+€3.4m
Investment
+€106,737
Financing
-€3.8m
Cash 2023
€935,374
From operations (derived)
+€3.4m
Net result for the year
+€364,646
Depreciation
+€1.3m
Stocks and contracts
+€2.6m
Receivables within one year
+€1.5m
Deferred charges and accrued income
-€181,024
Provisions
-€359,000
Trade debts
-€808,788
Tax, wage and social debts
-€446,071
Advances received
-€102,010
Other debts
-€322,625
Accrued charges and deferred income
+€20,757
Investment (derived)
+€106,737
Investment in fixed assets (net)
+€106,737
Financing
-€3.8m
Debts after one year
-€2.3m
Current portion of long-term debt
-€30,001
Short-term financial debts
-€1.0m
Contributions, distributions and other
-€470,869
Cash 2024
€669,100
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €17,502,723 | €12,045,616 | -€5.5m | -31.2% |
| Fixed assets | 21/28 | €6,039,010 | €4,677,829 | -€1.4m | -22.5% |
| Intangible fixed assets | 21 | €1,264,154 | €832,623 | -€431,531 | -34.1% |
| Tangible fixed assets | 22/27 | €2,766,151 | €2,303,939 | -€462,212 | -16.7% |
| Land and buildings | 22 | €1,472,037 | €1,232,368 | -€239,669 | -16.3% |
| Plant, machinery and equipment | 23 | €727,178 | €555,967 | -€171,212 | -23.5% |
| Furniture and vehicles | 24 | €276,685 | €253,288 | -€23,397 | -8.5% |
| Other tangible fixed assets | 26 | €290,250 | €262,315 | -€27,934 | -9.6% |
| Financial fixed assets | 28 | €2,008,704 | €1,541,267 | -€467,437 | -23.3% |
| Affiliated companies | 280/1 | €1,953,308 | €1,485,870 | -€467,437 | -23.9% |
| Participating interests | 280 | €1,953,308 | €1,485,870 | -€467,437 | -23.9% |
| Other financial fixed assets | 284/8 | €55,397 | €55,397 | = | 0.0% |
| Shares | 284 | €2,600 | €2,600 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €52,797 | €52,797 | = | 0.0% |
| Current assets | 29/58 | €11,463,714 | €7,367,787 | -€4.1m | -35.7% |
| Stocks and contracts in progress | 3 | €6,800,839 | €4,246,738 | -€2.6m | -37.6% |
| Stocks | 30/36 | €2,140,774 | €1,690,268 | -€450,505 | -21.0% |
| Raw materials and consumables | 30/31 | €1,407,067 | €1,409,684 | +€2,617 | +0.2% |
| Goods purchased for resale | 34 | €733,707 | €280,585 | -€453,122 | -61.8% |
| Contracts in progress | 37 | €4,660,065 | €2,556,470 | -€2.1m | -45.1% |
| Amounts receivable within one year | 40/41 | €3,605,392 | €2,148,815 | -€1.5m | -40.4% |
| Trade receivables | 40 | €3,594,227 | €1,994,438 | -€1.6m | -44.5% |
| Other amounts receivable | 41 | €11,165 | €154,377 | +€143,212 | +1282.7% |
| Current investments | 50/53 | €3 | €3 | = | 0.0% |
| Other investments | 51/53 | €3 | €3 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €935,374 | €669,100 | -€266,274 | -28.5% |
| Deferred charges and accrued income | 490/1 | €122,106 | €303,130 | +€181,024 | +148.3% |
| Total equity and liabilities | 10/49 | €17,502,723 | €12,045,616 | -€5.5m | -31.2% |
| Equity | 10/15 | €7,664,361 | €7,558,139 | -€106,222 | -1.4% |
| Contributions | 10/11 | €1,725,000 | €1,725,000 | = | 0.0% |
| Capital | 10 | €1,725,000 | €1,725,000 | = | 0.0% |
| Issued capital | 100 | €1,725,000 | €1,725,000 | = | 0.0% |
| Revaluation surpluses | 12 | €2,108,340 | €1,632,969 | -€475,371 | -22.5% |
| Reserves | 13 | €3,720,172 | €4,092,752 | +€372,580 | +10.0% |
| Non-distributable reserves | 130/1 | €180,361 | €180,361 | = | 0.0% |
| Legal reserve | 130 | €175,920 | €175,920 | = | 0.0% |
| Reserves not available under the articles | 1311 | €4,441 | €4,441 | = | 0.0% |
| Tax-exempt reserves | 132 | €246,992 | €238,424 | -€8,568 | -3.5% |
| Distributable reserves | 133 | €3,292,818 | €3,673,966 | +€381,148 | +11.6% |
| Investment grants | 15 | €110,849 | €107,418 | -€3,431 | -3.1% |
| Provisions and deferred taxes | 16 | €562,425 | €203,425 | -€359,000 | -63.8% |
| Provisions for liabilities and charges | 160/5 | €520,000 | €165,000 | -€355,000 | -68.3% |
| Pensions and similar obligations | 160 | €60,000 | €0 | -€60,000 | -100.0% |
| Other liabilities and charges | 164/5 | €460,000 | €165,000 | -€295,000 | -64.1% |
| Deferred taxes | 168 | €42,425 | €38,425 | -€4,000 | -9.4% |
| Amounts payable | 17/49 | €9,275,937 | €4,284,052 | -€5.0m | -53.8% |
| Amounts payable after more than one year | 17 | €3,370,710 | €1,067,562 | -€2.3m | -68.3% |
| Financial debts | 170/4 | €170,710 | €0 | -€170,710 | -100.0% |
| Credit institutions | 173 | €170,710 | €0 | -€170,710 | -100.0% |
| Other amounts payable | 178/9 | €3,200,000 | €1,067,562 | -€2.1m | -66.6% |
| Amounts payable within one year | 42/48 | €5,890,777 | €3,181,282 | -€2.7m | -46.0% |
| Current portion of amounts payable after more than one year | 42 | €200,711 | €170,710 | -€30,001 | -14.9% |
| Financial debts | 43 | €1,000,000 | €0 | -€1.0m | -100.0% |
| Credit institutions | 430/8 | €1,000,000 | €0 | -€1.0m | -100.0% |
| Trade debts | 44 | €2,437,173 | €1,628,384 | -€808,788 | -33.2% |
| Suppliers | 440/4 | €2,437,173 | €1,628,384 | -€808,788 | -33.2% |
| Advances received on contracts in progress | 46 | €102,010 | €0 | -€102,010 | -100.0% |
| Taxes, remuneration and social security | 45 | €1,828,259 | €1,382,188 | -€446,071 | -24.4% |
| Taxes | 450/3 | €434,685 | €265,079 | -€169,606 | -39.0% |
| Remuneration and social security | 454/9 | €1,393,573 | €1,117,109 | -€276,465 | -19.8% |
| Other amounts payable | 47/48 | €322,625 | €0 | -€322,625 | -100.0% |
| Accrued charges and deferred income | 492/3 | €14,450 | €35,208 | +€20,757 | +143.6% |
| Operating income | 70/76A | €26,190,314 | €22,706,234 | -€3.5m | -13.3% |
| Turnover | 70 | €22,511,693 | €24,071,949 | +€1.6m | +6.9% |
| Change in stocks of work in progress, finished goods and contracts in progress | 71 | €3,387,368 | -€4,367,896 | -€7.8m | |
| Other operating income | 74 | €286,728 | €294,412 | +€7,684 | +2.7% |
| Non-recurring operating income | 76A | €4,525 | €2,707,769 | +€2.7m | +59741.7% |
| Operating charges | 60/66A | €26,080,544 | €22,824,444 | -€3.3m | -12.5% |
| Goods for resale, raw materials and consumables | 60 | €8,332,180 | €6,753,905 | -€1.6m | -18.9% |
| Purchases | 600/8 | €8,502,872 | €6,303,400 | -€2.2m | -25.9% |
| Change in stocks: decrease (increase) | 609 | -€170,692 | €450,505 | +€621,197 | |
| Services and other goods | 61 | €6,401,332 | €4,803,689 | -€1.6m | -25.0% |
| Remuneration, social security and pensions | 62 | €10,107,386 | €10,126,390 | +€19,004 | +0.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,157,596 | €1,254,443 | +€96,847 | +8.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€140,000 | -€355,000 | -€215,000 | -153.6% |
| Other operating charges | 640/8 | €220,974 | €240,477 | +€19,503 | +8.8% |
| Non-recurring operating charges | 66A | €1,076 | €539 | -€537 | -49.9% |
| Operating profit (loss) | 9901 | €109,770 | -€118,210 | -€227,980 | |
| Financial income | 75/76B | €201,820 | €1,020,811 | +€818,991 | +405.8% |
| Recurring financial income | 75 | €201,820 | €944,269 | +€742,448 | +367.9% |
| Income from financial fixed assets | 750 | €340 | €581,495 | +€581,156 | +171094.2% |
| Income from current assets | 751 | €0 | - | = | |
| Other financial income | 752/9 | €201,480 | €362,773 | +€161,293 | +80.1% |
| Non-recurring financial income | 76B | - | €76,543 | +€76,543 | |
| Financial charges | 65/66B | €284,590 | €531,723 | +€247,133 | +86.8% |
| Recurring financial charges | 65 | €282,374 | €531,723 | +€249,349 | +88.3% |
| Debt charges | 650 | €184,011 | €209,382 | +€25,372 | +13.8% |
| Other financial charges | 652/9 | €98,364 | €322,341 | +€223,977 | +227.7% |
| Non-recurring financial charges | 66B | €2,216 | €0 | -€2,216 | -100.0% |
| Profit (loss) for the period before taxes | 9903 | €27,000 | €370,879 | +€343,878 | +1273.6% |
| Transfer from deferred taxes | 780 | €6,941 | €4,000 | -€2,941 | -42.4% |
| Income taxes | 67/77 | €44,054 | €10,232 | -€33,822 | -76.8% |
| Taxes | 670/3 | €53,102 | €10,232 | -€42,870 | -80.7% |
| Tax adjustments and reversals of tax provisions | 77 | €9,048 | €0 | -€9,048 | -100.0% |
| Profit (loss) for the period | 9904 | -€10,113 | €364,646 | +€374,759 | |
| Transfer from tax-exempt reserves | 789 | €10,996 | €8,568 | -€2,428 | -22.1% |
| Profit (loss) for the period to be appropriated | 9905 | €883 | €373,214 | +€372,331 | +42169.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.