DECOPROJECTS: 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.
DECOPROJECTS
Largest movements
- Cash +€26,458
up €26,458 (+44.9%), from €58,970 to €85,428
mainly Depreciation (+€26,878) and Receivables within one year (+€13,206)
- Tangible fixed assets -€24,087
down €24,087 (-32.8%), from €73,527 to €49,440
of which Furniture and vehicles: -€15,867
- Receivables within one year -€13,206
down €13,206 (-18.2%), from €72,433 to €59,227
of which Trade receivables: -€9,870
- Stocks and contracts -€10,683
down €10,683 (-54.4%), from €19,644 to €8,962
- Debts after one year -€18,221
down €18,221 (-52.9%), from €34,473 to €16,252
- Current portion of long-term debt -€6,286
down €6,286 (-25.7%), from €24,507 to €18,221
- Other debts +€5,029
up €5,029 (+30.2%), from €16,629 to €21,658
- Tax, wage and social debts -€2,304
down €2,304 (-21.3%), from €10,798 to €8,494
of which Taxes: -€2,060
- Staff costs +€8,434
up €8,434 (+4.3%), from €196,641 to €205,075
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 | €228,999 | €207,637 | -€21,362 | -9.3% |
| Fixed assets | 21/28 | €73,527 | €49,440 | -€24,087 | -32.8% |
| Tangible fixed assets | 22/27 | €73,527 | €49,440 | -€24,087 | -32.8% |
| Plant, machinery and equipment | 23 | €10,833 | €8,861 | -€1,971 | -18.2% |
| Furniture and vehicles | 24 | €52,748 | €36,881 | -€15,867 | -30.1% |
| Leasing and similar rights | 25 | €9,946 | €3,698 | -€6,248 | -62.8% |
| Current assets | 29/58 | €155,472 | €158,197 | +€2,725 | +1.8% |
| Stocks and contracts in progress | 3 | €19,644 | €8,962 | -€10,683 | -54.4% |
| Stocks | 30/36 | €19,644 | €8,962 | -€10,683 | -54.4% |
| Amounts receivable within one year | 40/41 | €72,433 | €59,227 | -€13,206 | -18.2% |
| Trade receivables | 40 | €67,581 | €57,711 | -€9,870 | -14.6% |
| Other amounts receivable | 41 | €4,852 | €1,516 | -€3,336 | -68.8% |
| Cash at bank and in hand | 54/58 | €58,970 | €85,428 | +€26,458 | +44.9% |
| Deferred charges and accrued income | 490/1 | €4,426 | €4,581 | +€154 | +3.5% |
| Total equity and liabilities | 10/49 | €228,999 | €207,637 | -€21,362 | -9.3% |
| Equity | 10/15 | €104,006 | €106,175 | +€2,169 | +2.1% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €84,006 | €86,175 | +€2,169 | +2.6% |
| Tax-exempt reserves | 132 | €2,916 | €2,916 | = | 0.0% |
| Distributable reserves | 133 | €81,090 | €83,259 | +€2,169 | +2.7% |
| Amounts payable | 17/49 | €124,993 | €101,462 | -€23,531 | -18.8% |
| Amounts payable after more than one year | 17 | €34,473 | €16,252 | -€18,221 | -52.9% |
| Financial debts | 170/4 | €34,473 | €16,252 | -€18,221 | -52.9% |
| Amounts payable within one year | 42/48 | €90,520 | €85,210 | -€5,310 | -5.9% |
| Current portion of amounts payable after more than one year | 42 | €24,507 | €18,221 | -€6,286 | -25.7% |
| Trade debts | 44 | €38,586 | €36,837 | -€1,749 | -4.5% |
| Suppliers | 440/4 | €38,586 | €36,837 | -€1,749 | -4.5% |
| Taxes, remuneration and social security | 45 | €10,798 | €8,494 | -€2,304 | -21.3% |
| Taxes | 450/3 | €3,940 | €1,880 | -€2,060 | -52.3% |
| Remuneration and social security | 454/9 | €6,858 | €6,614 | -€244 | -3.6% |
| Other amounts payable | 47/48 | €16,629 | €21,658 | +€5,029 | +30.2% |
| Non-recurring operating income | 76A | €7,749 | - | -€7,749 | |
| Remuneration, social security and pensions | 62 | €196,641 | €205,075 | +€8,434 | +4.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,768 | €26,878 | +€2,110 | +8.5% |
| Other operating charges | 640/8 | €2,841 | €3,348 | +€506 | +17.8% |
| Non-recurring operating charges | 66A | - | €101 | +€101 | |
| Gross operating margin | 9900 | €248,951 | €250,517 | +€1,565 | +0.6% |
| Operating profit (loss) | 9901 | €24,701 | €15,115 | -€9,586 | -38.8% |
| Financial income | 75/76B | €333 | €331 | -€2 | -0.6% |
| Recurring financial income | 75 | €333 | €331 | -€2 | -0.6% |
| Financial charges | 65/66B | €3,292 | €2,398 | -€894 | -27.2% |
| Recurring financial charges | 65 | €3,292 | €2,398 | -€894 | -27.2% |
| Profit (loss) for the period before taxes | 9903 | €21,742 | €13,048 | -€8,694 | -40.0% |
| Income taxes | 67/77 | €6,863 | €4,710 | -€2,153 | -31.4% |
| Profit (loss) for the period | 9904 | €14,879 | €8,338 | -€6,541 | -44.0% |
| Profit (loss) for the period to be appropriated | 9905 | €14,879 | €8,338 | -€6,541 | -44.0% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.