DECOSPAN HOLDING: 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
DECOSPAN HOLDING
NACE 64.210, Activities of holding companies
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€1.4m
2024 · €1.1m+€315,585
Equity
€14.4m
2024 · €14.5m-€63,435
Cash
€730,765
2024 · €429,773+€300,992
Balance sheet total
€39.0m
2024 · €18.4m+€20.6m
Largest movements
Assets
- Financial fixed assets +€19.8m
up €19.8m (+157%), from €12.6m to €32.4m
of which Affiliated companies: +€16.1m
- Intangible fixed assets +€2.6m
up €2.6m (+804%), from €317,471 to €2.9m
- Receivables within one year -€1.7m
down €1.7m (-38.8%), from €4.4m to €2.7m
of which Other amounts receivable: -€2.4m
Equity and liabilities
- Other debts +€13.7m
up €13.7m (+541%), from €2.5m to €16.3m
- Debts after one year +€5.4m
new in 2025: €5.4m
- Trade debts +€1.0m
up €1.0m (+89.7%), from €1.2m to €2.2m
- Current portion of long-term debt +€571,428
new in 2025: €571,428
Income statement
- Turnover +€1.6m
up €1.6m (+32.7%), from €5.0m to €6.6m
- Other operating income -€1.0m
down €1.0m (-91.4%), from €1.1m to €98,342
- Financial income +€786,089
up €786,089 (+103%), from €764,214 to €1.6m
- Services and other goods +€564,198
up €564,198 (+11.5%), from €4.9m to €5.5m
- Depreciation +€281,173
up €281,173 (+107%), from €263,404 to €544,576
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
€1.1m
Turnover
+€1.6m
Other operating income
-€1.0m
Services and other goods
-€564,198
Staff costs
-€138,476
Depreciation
-€281,173
Other operating charges
+€4,639
Financial income
+€786,089
Financial charges
-€86,835
Taxes
-€278
Result 2025
€1.4m
raises the resultlowers the result
Derived cash bridge
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
+€18.4m
Investment
-€22.6m
Financing
+€4.5m
Cash 2024
€429,773
From operations (derived)
+€18.4m
Net result for the year
+€1.4m
Depreciation
+€544,576
Receivables within one year
+€1.7m
Smaller working-capital items
+€14,777
Trade debts
+€1.0m
Other debts
+€13.7m
Investment (derived)
-€22.6m
Investment in fixed assets (net)
-€22.6m
Financing
+€4.5m
Debts after one year
+€5.4m
Current portion of long-term debt
+€571,428
Contributions, distributions and other
-€1.5m
Cash 2025
€730,765
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €18,408,509 | €39,049,809 | +€20.6m | +112% |
| Fixed assets | 21/28 | €13,511,970 | €35,612,399 | +€22.1m | +164% |
| Intangible fixed assets | 21 | €317,471 | €2,868,401 | +€2.6m | +804% |
| Tangible fixed assets | 22/27 | €599,064 | €376,466 | -€222,598 | -37.2% |
| Plant, machinery and equipment | 23 | €466,411 | €306,411 | -€160,000 | -34.3% |
| Furniture and vehicles | 24 | €132,653 | €70,055 | -€62,598 | -47.2% |
| Financial fixed assets | 28 | €12,595,435 | €32,367,532 | +€19.8m | +157% |
| Affiliated companies | 280/1 | €12,315,075 | €28,397,172 | +€16.1m | +131% |
| Participating interests | 280 | €9,990,337 | €26,003,027 | +€16.0m | +160% |
| Amounts receivable | 281 | €2,324,738 | €2,394,145 | +€69,407 | +3.0% |
| Companies linked by participating interests | 282/3 | €270,360 | €3,960,360 | +€3.7m | +1,365% |
| Participating interests | 282 | €270,360 | €3,960,360 | +€3.7m | +1,365% |
| Other financial fixed assets | 284/8 | €10,000 | €10,000 | = | 0.0% |
| Shares | 284 | €10,000 | €10,000 | = | 0.0% |
| Current assets | 29/58 | €4,896,539 | €3,437,409 | -€1.5m | -29.8% |
| Amounts receivable within one year | 40/41 | €4,393,205 | €2,689,626 | -€1.7m | -38.8% |
| Trade receivables | 40 | €880,789 | €1,558,136 | +€677,347 | +76.9% |
| Other amounts receivable | 41 | €3,512,416 | €1,131,491 | -€2.4m | -67.8% |
| Cash at bank and in hand | 54/58 | €429,773 | €730,765 | +€300,992 | +70.0% |
| Deferred charges and accrued income | 490/1 | €73,561 | €17,018 | -€56,543 | -76.9% |
| Total equity and liabilities | 10/49 | €18,408,509 | €39,049,809 | +€20.6m | +112% |
| Equity | 10/15 | €14,475,468 | €14,412,033 | -€63,435 | -0.4% |
| Contributions | 10/11 | €1,028,051 | €1,028,051 | = | 0.0% |
| Capital | 10 | €1,028,051 | €1,028,051 | = | 0.0% |
| Issued capital | 100 | €1,028,051 | €1,028,051 | = | 0.0% |
| Reserves | 13 | €13,447,417 | €13,383,982 | -€63,435 | -0.5% |
| Non-distributable reserves | 130/1 | €102,805 | €102,805 | = | 0.0% |
| Legal reserve | 130 | €102,805 | €102,805 | = | 0.0% |
| Tax-exempt reserves | 132 | €4,554,990 | €4,456,383 | -€98,607 | -2.2% |
| Distributable reserves | 133 | €8,789,622 | €8,824,794 | +€35,172 | +0.4% |
| Provisions and deferred taxes | 16 | €98,607 | €65,738 | -€32,869 | -33.3% |
| Deferred taxes | 168 | €98,607 | €65,738 | -€32,869 | -33.3% |
| Amounts payable | 17/49 | €3,834,434 | €24,572,038 | +€20.7m | +541% |
| Amounts payable after more than one year | 17 | - | €5,428,572 | +€5.4m | |
| Financial debts | 170/4 | - | €5,428,572 | +€5.4m | |
| Credit institutions | 173 | - | €5,428,572 | +€5.4m | |
| Amounts payable within one year | 42/48 | €3,785,899 | €19,143,466 | +€15.4m | +406% |
| Current portion of amounts payable after more than one year | 42 | - | €571,428 | +€571,428 | |
| Trade debts | 44 | €1,150,877 | €2,183,084 | +€1.0m | +89.7% |
| Suppliers | 440/4 | €1,150,877 | €2,183,084 | +€1.0m | +89.7% |
| Taxes, remuneration and social security | 45 | €97,968 | €137,606 | +€39,638 | +40.5% |
| Taxes | 450/3 | €10,276 | €14,077 | +€3,802 | +37.0% |
| Remuneration and social security | 454/9 | €87,693 | €123,529 | +€35,836 | +40.9% |
| Other amounts payable | 47/48 | €2,537,053 | €16,251,348 | +€13.7m | +541% |
| Accrued charges and deferred income | 492/3 | €48,535 | €0 | -€48,535 | -100% |
| Operating income | 70/76A | €6,143,690 | €6,739,506 | +€595,817 | +9.7% |
| Turnover | 70 | €5,003,086 | €6,641,164 | +€1.6m | +32.7% |
| Other operating income | 74 | €1,140,604 | €98,342 | -€1.0m | -91.4% |
| Operating charges | 60/66A | €5,717,961 | €6,697,169 | +€979,208 | +17.1% |
| Services and other goods | 61 | €4,925,956 | €5,490,154 | +€564,198 | +11.5% |
| Remuneration, social security and pensions | 62 | €519,376 | €657,852 | +€138,476 | +26.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €263,404 | €544,576 | +€281,173 | +107% |
| Other operating charges | 640/8 | €9,225 | €4,586 | -€4,639 | -50.3% |
| Operating profit (loss) | 9901 | €425,729 | €42,337 | -€383,391 | -90.1% |
| Financial income | 75/76B | €764,214 | €1,550,302 | +€786,089 | +103% |
| Recurring financial income | 75 | €764,214 | €1,550,302 | +€786,089 | +103% |
| Income from financial fixed assets | 750 | €579,360 | €1,400,000 | +€820,640 | +142% |
| Income from current assets | 751 | €124,235 | €148,315 | +€24,081 | +19.4% |
| Other financial income | 752/9 | €60,618 | €1,987 | -€58,632 | -96.7% |
| Financial charges | 65/66B | €100,473 | €187,308 | +€86,835 | +86.4% |
| Recurring financial charges | 65 | €100,473 | €187,308 | +€86,835 | +86.4% |
| Other financial charges | 652/9 | €100,473 | €187,308 | +€86,835 | +86.4% |
| Profit (loss) for the period before taxes | 9903 | €1,089,469 | €1,405,332 | +€315,863 | +29.0% |
| Transfer from deferred taxes | 780 | €32,869 | €32,869 | = | 0.0% |
| Income taxes | 67/77 | €1,359 | €1,636 | +€278 | +20.4% |
| Taxes | 670/3 | €1,359 | €1,636 | +€278 | +20.4% |
| Profit (loss) for the period | 9904 | €1,120,979 | €1,436,565 | +€315,585 | +28.2% |
| Transfer from tax-exempt reserves | 789 | €98,607 | €98,607 | -€0 | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €1,219,587 | €1,535,172 | +€315,585 | +25.9% |
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 19 October 2026 via checked.be.