DECONOT: 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.
DECONOT
Largest movements
- Cash +€73,925
up €73,925 (+231.4%), from €31,941 to €105,866
mainly Net result for the year (+€77,539) and Tax, wage and social debts (+€26,003)
- Tangible fixed assets +€29,000
up €29,000 (+1098.1%), from €2,641 to €31,641
of which Other tangible fixed assets: +€29,893
- Reserves +€77,539
up €77,539 (+484.8%), from €15,996 to €93,535
- Tax, wage and social debts +€26,003
up €26,003 (+180.0%), from €14,444 to €40,448
of which Taxes: +€26,003
- Other debts -€1,639
down €1,639 (-34.3%), from €4,781 to €3,143
- Gross operating margin +€78,225
up €78,225 (+374.8%), from €20,869 to €99,094
- Taxes +€15,073
up €15,073 (+312.1%), from €4,829 to €19,902
- Depreciation +€1,319
up €1,319 (+3376.7%), from €39 to €1,358
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €37,662 | €138,634 | +€100,972 | +268.1% |
| Fixed assets | 21/28 | €2,641 | €31,641 | +€29,000 | +1098.1% |
| Tangible fixed assets | 22/27 | €2,641 | €31,641 | +€29,000 | +1098.1% |
| Furniture and vehicles | 24 | €2,641 | €1,748 | -€893 | -33.8% |
| Other tangible fixed assets | 26 | - | €29,893 | +€29,893 | |
| Current assets | 29/58 | €35,021 | €106,993 | +€71,972 | +205.5% |
| Amounts receivable within one year | 40/41 | €1,220 | - | -€1,220 | |
| Trade receivables | 40 | €1,220 | - | -€1,220 | |
| Cash at bank and in hand | 54/58 | €31,941 | €105,866 | +€73,925 | +231.4% |
| Deferred charges and accrued income | 490/1 | €1,860 | €1,127 | -€733 | -39.4% |
| Total equity and liabilities | 10/49 | €37,662 | €138,634 | +€100,972 | +268.1% |
| Equity | 10/15 | €16,996 | €94,535 | +€77,539 | +456.2% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €15,996 | €93,535 | +€77,539 | +484.8% |
| Distributable reserves | 133 | €15,996 | €93,535 | +€77,539 | +484.8% |
| Amounts payable | 17/49 | €20,667 | €44,099 | +€23,432 | +113.4% |
| Amounts payable within one year | 42/48 | €20,643 | €43,659 | +€23,016 | +111.5% |
| Trade debts | 44 | €1,417 | €69 | -€1,348 | -95.1% |
| Suppliers | 440/4 | €1,417 | €69 | -€1,348 | -95.1% |
| Taxes, remuneration and social security | 45 | €14,444 | €40,448 | +€26,003 | +180.0% |
| Taxes | 450/3 | €12,217 | €38,220 | +€26,003 | +212.8% |
| Remuneration and social security | 454/9 | €2,227 | €2,227 | = | 0.0% |
| Other amounts payable | 47/48 | €4,781 | €3,143 | -€1,639 | -34.3% |
| Accrued charges and deferred income | 492/3 | €24 | €440 | +€416 | +1733.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €39 | €1,358 | +€1,319 | +3376.7% |
| Other operating charges | 640/8 | - | €226 | +€226 | |
| Gross operating margin | 9900 | €20,869 | €99,094 | +€78,225 | +374.8% |
| Operating profit (loss) | 9901 | €20,830 | €97,510 | +€76,680 | +368.1% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €5 | €69 | +€64 | +1174.0% |
| Recurring financial charges | 65 | €5 | €69 | +€64 | +1174.0% |
| Profit (loss) for the period before taxes | 9903 | €20,825 | €97,441 | +€76,617 | +367.9% |
| Income taxes | 67/77 | €4,829 | €19,902 | +€15,073 | +312.1% |
| Profit (loss) for the period | 9904 | €15,996 | €77,539 | +€61,544 | +384.8% |
| Profit (loss) for the period to be appropriated | 9905 | €15,996 | €77,539 | +€61,544 | +384.8% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.