Deconib: 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
Deconib
NACE 64.210, Activities of holding companies
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€279,063
2024 · €202,738+€76,325
Equity
€3.3m
2024 · €3.0m+€279,063
Cash
€114,234
2024 · €133,144-€18,910
Balance sheet total
€9.7m
2024 · €9.1m+€590,492
Largest movements
Assets
- Tangible fixed assets +€565,976
up €565,976 (+19.2%), from €2.9m to €3.5m
of which Land and buildings: +€573,742
Equity and liabilities
- Debts after one year +€315,277
up €315,277 (+22.1%), from €1.4m to €1.7m
- Reserves +€279,063
up €279,063 (+19.5%), from €1.4m to €1.7m
of which Distributable reserves: +€405,218
Income statement
- Taxes +€80,797
up €80,797 (+135.5%), from €59,617 to €140,413
- Depreciation -€62,387
down €62,387 (-12.7%), from €489,997 to €427,610
- Staff costs -€62,038
down €62,038 (-29.4%), from €210,845 to €148,807
- Gross operating margin +€59,667
up €59,667 (+5.2%), from €1.2m to €1.2m
- Financial charges +€42,768
up €42,768 (+30.7%), from €139,515 to €182,283
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
€202,738
Gross operating margin
+€59,667
Staff costs
+€62,038
Depreciation
+€62,387
Provisions
-€27,224
Other operating charges
-€8,043
Financial income
-€464
Financial charges
-€42,768
Taxes
-€80,797
Deferred taxes and other
+€51,529
Result 2025
€279,063
Cash bridge derived
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
+€720,930
Investment
-€993,586
Financing
+€253,745
Cash 2024
€133,144
From operations (derived)
+€720,930
Net result for the year
+€279,063
Depreciation
+€427,610
Receivables after one year
-€6,500
Receivables within one year
-€37,214
Deferred charges and accrued income
+€287
Provisions
-€42,052
Trade debts
+€78,010
Tax, wage and social debts
-€17,456
Other debts
+€31,224
Accrued charges and deferred income
+€7,957
Investment (derived)
-€993,586
Investment in fixed assets (net)
-€993,586
Financing
+€253,745
Debts after one year
+€315,277
Current portion of long-term debt
-€32,246
Short-term financial debts
-€29,286
Cash 2025
€114,234
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €9,063,258 | €9,653,750 | +€590,492 | +6.5% |
| Fixed assets | 21/28 | €8,588,668 | €9,154,644 | +€565,976 | +6.6% |
| Tangible fixed assets | 22/27 | €2,940,952 | €3,506,928 | +€565,976 | +19.2% |
| Land and buildings | 22 | €2,294,303 | €2,868,044 | +€573,742 | +25.0% |
| Plant, machinery and equipment | 23 | €553,870 | €403,019 | -€150,852 | -27.2% |
| Leasing and similar rights | 25 | €92,779 | €235,865 | +€143,086 | +154.2% |
| Financial fixed assets | 28 | €5,647,716 | €5,647,716 | = | 0.0% |
| Current assets | 29/58 | €474,589 | €499,106 | +€24,516 | +5.2% |
| Amounts receivable after more than one year | 29 | - | €6,500 | +€6,500 | |
| Other amounts receivable | 291 | - | €6,500 | +€6,500 | |
| Amounts receivable within one year | 40/41 | €336,571 | €373,785 | +€37,214 | +11.1% |
| Trade receivables | 40 | €134,820 | €176,126 | +€41,306 | +30.6% |
| Other amounts receivable | 41 | €201,751 | €197,659 | -€4,093 | -2.0% |
| Cash at bank and in hand | 54/58 | €133,144 | €114,234 | -€18,910 | -14.2% |
| Deferred charges and accrued income | 490/1 | €4,874 | €4,587 | -€287 | -5.9% |
| Total equity and liabilities | 10/49 | €9,063,258 | €9,653,750 | +€590,492 | +6.5% |
| Equity | 10/15 | €3,007,382 | €3,286,445 | +€279,063 | +9.3% |
| Contributions | 10/11 | €1,574,124 | €1,574,124 | = | 0.0% |
| Capital | 10 | €1,574,124 | €1,574,124 | = | 0.0% |
| Issued capital | 100 | €1,574,124 | €1,574,124 | = | 0.0% |
| Reserves | 13 | €1,433,258 | €1,712,321 | +€279,063 | +19.5% |
| Non-distributable reserves | 130/1 | €157,412 | €157,412 | = | 0.0% |
| Legal reserve | 130 | €157,412 | €157,412 | = | 0.0% |
| Tax-exempt reserves | 132 | €659,664 | €533,509 | -€126,155 | -19.1% |
| Distributable reserves | 133 | €616,182 | €1,021,400 | +€405,218 | +65.8% |
| Provisions and deferred taxes | 16 | €219,888 | €177,836 | -€42,052 | -19.1% |
| Deferred taxes | 168 | €219,888 | €177,836 | -€42,052 | -19.1% |
| Amounts payable | 17/49 | €5,835,987 | €6,189,468 | +€353,481 | +6.1% |
| Amounts payable after more than one year | 17 | €1,426,826 | €1,742,103 | +€315,277 | +22.1% |
| Financial debts | 170/4 | €1,426,826 | €1,742,103 | +€315,277 | +22.1% |
| Amounts payable within one year | 42/48 | €4,340,401 | €4,370,647 | +€30,246 | +0.7% |
| Current portion of amounts payable after more than one year | 42 | €289,043 | €256,797 | -€32,246 | -11.2% |
| Financial debts | 43 | €229,450 | €200,164 | -€29,286 | -12.8% |
| Credit institutions | 430/8 | €229,450 | €200,164 | -€29,286 | -12.8% |
| Trade debts | 44 | €87,168 | €165,178 | +€78,010 | +89.5% |
| Suppliers | 440/4 | €87,168 | €165,178 | +€78,010 | +89.5% |
| Taxes, remuneration and social security | 45 | €55,258 | €37,802 | -€17,456 | -31.6% |
| Taxes | 450/3 | €40,228 | €34,442 | -€5,786 | -14.4% |
| Remuneration and social security | 454/9 | €15,030 | €3,360 | -€11,670 | -77.6% |
| Other amounts payable | 47/48 | €3,679,482 | €3,710,706 | +€31,224 | +0.8% |
| Accrued charges and deferred income | 492/3 | €68,761 | €76,718 | +€7,957 | +11.6% |
| Remuneration, social security and pensions | 62 | €210,845 | €148,807 | -€62,038 | -29.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €489,997 | €427,610 | -€62,387 | -12.7% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€27,224 | - | +€27,224 | |
| Other operating charges | 640/8 | €66,260 | €74,303 | +€8,043 | +12.1% |
| Gross operating margin | 9900 | €1,150,667 | €1,210,334 | +€59,667 | +5.2% |
| Operating profit (loss) | 9901 | €410,790 | €559,614 | +€148,824 | +36.2% |
| Financial income | 75/76B | €558 | €94 | -€464 | -83.2% |
| Recurring financial income | 75 | €558 | €94 | -€464 | -83.2% |
| Financial charges | 65/66B | €139,515 | €182,283 | +€42,768 | +30.7% |
| Recurring financial charges | 65 | €139,515 | €182,283 | +€42,768 | +30.7% |
| Profit (loss) for the period before taxes | 9903 | €271,832 | €377,425 | +€105,592 | +38.8% |
| Transfer from deferred taxes | 780 | €52,488 | €42,052 | -€10,436 | -19.9% |
| Transfer to deferred taxes | 680 | €61,966 | - | -€61,966 | |
| Income taxes | 67/77 | €59,617 | €140,413 | +€80,797 | +135.5% |
| Profit (loss) for the period | 9904 | €202,738 | €279,063 | +€76,325 | +37.6% |
| Transfer from tax-exempt reserves | 789 | €157,463 | €126,155 | -€31,308 | -19.9% |
| Transfer to tax-exempt reserves | 689 | €185,897 | - | -€185,897 | |
| Profit (loss) for the period to be appropriated | 9905 | €174,304 | €405,218 | +€230,914 | +132.5% |
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 10 October 2026 via checked.be.