DECOSIM: 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.
DECOSIM
Largest movements
- Receivables within one year +€247,710
up €247,710 (+11000.3%), from €2,252 to €249,962
of which Other amounts receivable: +€248,946
- Cash +€189,819
up €189,819 (+239.9%), from €79,114 to €268,933
mainly Net result for the year (+€262,415) and Investment in fixed assets (net) (+€106,469)
- Tangible fixed assets -€118,211
down €118,211 (-35.6%), from €331,687 to €213,477
- Reserves +€226,704
up €226,704 (+303.1%), from €74,795 to €301,499
of which Tax-exempt reserves: +€226,704
- Provisions +€75,568
up €75,568 (+370.2%), from €20,410 to €95,978
- Profit (loss) carried forward +€35,712
up €35,712 (+27.2%), from €131,131 to €166,842
- Debts after one year -€20,218
down €20,218 (-30.2%), from €66,892 to €46,674
- Tax, wage and social debts +€12,342
up €12,342 (+22.2%), from €55,692 to €68,033
- Gross operating margin +€291,288
up €291,288 (+360.3%), from €80,843 to €372,131
- Taxes -€43,349
down €43,349 (-77.8%), from €55,693 to €12,343
- Depreciation -€10,319
down €10,319 (-46.8%), from €22,061 to €11,742
- Financial income +€5,660
up €5,660 (+128354.9%), from €4 to €5,665
of which Financial income: +€5,660
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 | €414,074 | €733,623 | +€319,550 | +77.2% |
| Fixed assets | 21/28 | €331,687 | €213,477 | -€118,211 | -35.6% |
| Tangible fixed assets | 22/27 | €331,687 | €213,477 | -€118,211 | -35.6% |
| Land and buildings | 22 | €331,687 | €213,477 | -€118,211 | -35.6% |
| Current assets | 29/58 | €82,387 | €520,147 | +€437,760 | +531.3% |
| Amounts receivable within one year | 40/41 | €2,252 | €249,962 | +€247,710 | +11000.3% |
| Trade receivables | 40 | €2,252 | €1,016 | -€1,236 | -54.9% |
| Other amounts receivable | 41 | - | €248,946 | +€248,946 | |
| Cash at bank and in hand | 54/58 | €79,114 | €268,933 | +€189,819 | +239.9% |
| Deferred charges and accrued income | 490/1 | €1,021 | €1,252 | +€231 | +22.6% |
| Total equity and liabilities | 10/49 | €414,074 | €733,623 | +€319,550 | +77.2% |
| Equity | 10/15 | €224,926 | €487,342 | +€262,415 | +116.7% |
| Contributions | 10/11 | €19,000 | €19,000 | = | 0.0% |
| Reserves | 13 | €74,795 | €301,499 | +€226,704 | +303.1% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €65,867 | €292,570 | +€226,704 | +344.2% |
| Distributable reserves | 133 | €8,929 | €8,929 | = | 0.0% |
| Profit (loss) carried forward | 14 | €131,131 | €166,842 | +€35,712 | +27.2% |
| Provisions and deferred taxes | 16 | €20,410 | €95,978 | +€75,568 | +370.2% |
| Deferred taxes | 168 | €20,410 | €95,978 | +€75,568 | +370.2% |
| Amounts payable | 17/49 | €168,738 | €150,304 | -€18,434 | -10.9% |
| Amounts payable after more than one year | 17 | €66,892 | €46,674 | -€20,218 | -30.2% |
| Financial debts | 170/4 | €66,892 | €46,674 | -€20,218 | -30.2% |
| Amounts payable within one year | 42/48 | €98,550 | €99,968 | +€1,418 | +1.4% |
| Current portion of amounts payable after more than one year | 42 | €19,878 | €20,218 | +€340 | +1.7% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €14,892 | €11,292 | -€3,601 | -24.2% |
| Suppliers | 440/4 | €14,892 | €11,292 | -€3,601 | -24.2% |
| Taxes, remuneration and social security | 45 | €55,692 | €68,033 | +€12,342 | +22.2% |
| Taxes | 450/3 | €55,692 | €68,033 | +€12,342 | +22.2% |
| Other amounts payable | 47/48 | €8,088 | €425 | -€7,663 | -94.7% |
| Accrued charges and deferred income | 492/3 | €3,296 | €3,662 | +€366 | +11.1% |
| Non-recurring operating income | 76A | €58,472 | €404,031 | +€345,559 | +591.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,061 | €11,742 | -€10,319 | -46.8% |
| Other operating charges | 640/8 | €8,921 | €8,229 | -€691 | -7.8% |
| Non-recurring operating charges | 66A | - | €2,752 | +€2,752 | |
| Gross operating margin | 9900 | €80,843 | €372,131 | +€291,288 | +360.3% |
| Operating profit (loss) | 9901 | €49,861 | €349,408 | +€299,547 | +600.8% |
| Financial income | 75/76B | €4 | €5,665 | +€5,660 | +128354.9% |
| Recurring financial income | 75 | €4 | €5,665 | +€5,660 | +128354.9% |
| Non-recurring financial income | 76B | €0 | - | = | |
| Financial charges | 65/66B | €7,463 | €4,746 | -€2,717 | -36.4% |
| Recurring financial charges | 65 | €7,463 | €4,746 | -€2,717 | -36.4% |
| Non-recurring financial charges | 66B | €0 | - | = | |
| Profit (loss) for the period before taxes | 9903 | €42,402 | €350,327 | +€307,924 | +726.2% |
| Transfer from deferred taxes | 780 | €19,094 | €19,390 | +€296 | +1.5% |
| Transfer to deferred taxes | 680 | - | €94,958 | +€94,958 | |
| Income taxes | 67/77 | €55,693 | €12,343 | -€43,349 | -77.8% |
| Profit (loss) for the period | 9904 | €5,803 | €262,415 | +€256,612 | +4421.8% |
| Transfer from tax-exempt reserves | 789 | €57,282 | €58,169 | +€887 | +1.5% |
| Transfer to tax-exempt reserves | 689 | - | €284,873 | +€284,873 | |
| Profit (loss) for the period to be appropriated | 9905 | €63,085 | €35,712 | -€27,374 | -43.4% |
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 11 October 2026 via checked.be.