DECONTEX HOLDING: 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.
DECONTEX HOLDING
Largest movements
- Financial fixed assets +€466,047
up €466,047 (+15.4%), from €3.0m to €3.5m
- Receivables within one year +€264,299
up €264,299 (+65.7%), from €402,571 to €666,870
of which Trade receivables: +€257,112
- Cash -€218,423
down €218,423 (-93.6%), from €233,430 to €15,006
mainly Investment in fixed assets (net) (-€774,967) and Other debts (-€420,006)
- Intangible fixed assets +€198,936
up €198,936 (+90.2%), from €220,525 to €419,462
- Tangible fixed assets -€125,633
down €125,633 (-3.7%), from €3.4m to €3.3m
of which Assets under construction and advance payments: -€2.2m
- Revaluation surpluses +€564,628
up €564,628 (+1129.3%), from €50,000 to €614,628
- Other debts -€420,006
no longer reported in 2025 (was €420,006)
- Advances received +€420,000
new in 2025: €420,000
- Profit (loss) carried forward -€165,572
down €165,572 (-20.3%), from -€814,072 to -€979,644
- Debts after one year +€120,051
up €120,051 (+173.1%), from €69,349 to €189,399
- Financial income -€670,556
down €670,556 (-99.4%), from €674,509 to €3,953
of which Non-recurring financial income: -€672,576
- Gross operating margin +€569,004
up €569,004, from -€152,485 to €416,519
- Financial charges -€127,799
down €127,799 (-91.0%), from €140,407 to €12,608
- Depreciation +€89,399
up €89,399 (+61.1%), from €146,217 to €235,616
- Provisions -€51,952
down €51,952, from €15,364 to -€36,587
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 | €7,294,738 | €7,860,079 | +€565,340 | +7.7% |
| Fixed assets | 21/28 | €6,622,356 | €7,161,707 | +€539,351 | +8.1% |
| Intangible fixed assets | 21 | €220,525 | €419,462 | +€198,936 | +90.2% |
| Tangible fixed assets | 22/27 | €3,377,090 | €3,251,458 | -€125,633 | -3.7% |
| Land and buildings | 22 | €18,527 | - | -€18,527 | |
| Plant, machinery and equipment | 23 | €1,095,343 | €3,198,616 | +€2.1m | +192.0% |
| Furniture and vehicles | 24 | €18,013 | €13,906 | -€4,106 | -22.8% |
| Leasing and similar rights | 25 | €28,261 | €22,612 | -€5,649 | -20.0% |
| Other tangible fixed assets | 26 | - | €16,323 | +€16,323 | |
| Assets under construction and advance payments | 27 | €2,216,947 | - | -€2.2m | |
| Financial fixed assets | 28 | €3,024,741 | €3,490,788 | +€466,047 | +15.4% |
| Current assets | 29/58 | €672,382 | €698,372 | +€25,990 | +3.9% |
| Amounts receivable within one year | 40/41 | €402,571 | €666,870 | +€264,299 | +65.7% |
| Trade receivables | 40 | €61,317 | €318,429 | +€257,112 | +419.3% |
| Other amounts receivable | 41 | €341,254 | €348,441 | +€7,187 | +2.1% |
| Cash at bank and in hand | 54/58 | €233,430 | €15,006 | -€218,423 | -93.6% |
| Deferred charges and accrued income | 490/1 | €36,381 | €16,496 | -€19,886 | -54.7% |
| Total equity and liabilities | 10/49 | €7,294,738 | €7,860,079 | +€565,340 | +7.7% |
| Equity | 10/15 | €1,316,158 | €1,725,209 | +€409,051 | +31.1% |
| Contributions | 10/11 | €1,541,596 | €1,541,596 | = | 0.0% |
| Capital | 10 | €1,541,596 | €1,541,596 | = | 0.0% |
| Issued capital | 100 | €1,541,596 | €1,541,596 | = | 0.0% |
| Revaluation surpluses | 12 | €50,000 | €614,628 | +€564,628 | +1129.3% |
| Reserves | 13 | - | €9,995 | +€9,995 | |
| Distributable reserves | 133 | - | €9,995 | +€9,995 | |
| Profit (loss) carried forward | 14 | -€814,072 | -€979,644 | -€165,572 | -20.3% |
| Investment grants | 15 | €538,634 | €538,634 | = | 0.0% |
| Provisions and deferred taxes | 16 | €71,917 | €34,087 | -€37,830 | -52.6% |
| Provisions for liabilities and charges | 160/5 | €71,917 | €34,087 | -€37,830 | -52.6% |
| Major repairs and maintenance | 162 | €71,917 | €34,087 | -€37,830 | -52.6% |
| Amounts payable | 17/49 | €5,906,663 | €6,100,783 | +€194,120 | +3.3% |
| Amounts payable after more than one year | 17 | €69,349 | €189,399 | +€120,051 | +173.1% |
| Financial debts | 170/4 | €69,349 | €189,399 | +€120,051 | +173.1% |
| Amounts payable within one year | 42/48 | €673,427 | €743,513 | +€70,086 | +10.4% |
| Current portion of amounts payable after more than one year | 42 | €46,393 | €129,949 | +€83,556 | +180.1% |
| Financial debts | 43 | €2,221 | €2,357 | +€136 | +6.1% |
| Credit institutions | 430/8 | €2,221 | €2,357 | +€136 | +6.1% |
| Trade debts | 44 | €151,341 | €127,624 | -€23,718 | -15.7% |
| Suppliers | 440/4 | €151,341 | €127,624 | -€23,718 | -15.7% |
| Advances received on contracts in progress | 46 | - | €420,000 | +€420,000 | |
| Taxes, remuneration and social security | 45 | €53,465 | €63,583 | +€10,117 | +18.9% |
| Taxes | 450/3 | €9,194 | €10,733 | +€1,540 | +16.7% |
| Remuneration and social security | 454/9 | €44,272 | €52,849 | +€8,578 | +19.4% |
| Other amounts payable | 47/48 | €420,006 | - | -€420,006 | |
| Accrued charges and deferred income | 492/3 | €5,163,888 | €5,167,871 | +€3,983 | +0.1% |
| Remuneration, social security and pensions | 62 | €385,982 | €372,387 | -€13,596 | -3.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €146,217 | €235,616 | +€89,399 | +61.1% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €15,364 | -€36,587 | -€51,952 | |
| Other operating charges | 640/8 | €2,628 | €1,134 | -€1,494 | -56.9% |
| Gross operating margin | 9900 | -€152,485 | €416,519 | +€569,004 | |
| Operating profit (loss) | 9901 | -€702,677 | -€156,030 | +€546,647 | +77.8% |
| Financial income | 75/76B | €674,509 | €3,953 | -€670,556 | -99.4% |
| Recurring financial income | 75 | €1,934 | €3,953 | +€2,020 | +104.5% |
| Non-recurring financial income | 76B | €672,576 | - | -€672,576 | |
| Financial charges | 65/66B | €140,407 | €12,608 | -€127,799 | -91.0% |
| Recurring financial charges | 65 | €140,407 | €12,608 | -€127,799 | -91.0% |
| Profit (loss) for the period before taxes | 9903 | -€168,575 | -€164,685 | +€3,891 | +2.3% |
| Income taxes | 67/77 | €2,366 | €887 | -€1,479 | -62.5% |
| Profit (loss) for the period | 9904 | -€170,942 | -€165,572 | +€5,370 | +3.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€170,942 | -€165,572 | +€5,370 | +3.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.