DECOSTER HANS: 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.
DECOSTER HANS
Largest movements
- Tangible fixed assets -€26,069
down €26,069 (-8.0%), from €327,534 to €301,465
of which Land and buildings: -€15,072
- Receivables within one year +€23,496
up €23,496 (+105%), from €22,428 to €45,925
of which Trade receivables: +€23,269
- Cash -€16,365
down €16,365 (-17.4%), from €94,252 to €77,887
mainly Receivables within one year (-€23,496) and Debts after one year (-€15,842)
- Stocks and contracts -€7,724
down €7,724 (-20.1%), from €38,364 to €30,639
of which Stocks: -€4,473
- Debts after one year -€15,842
down €15,842 (-6.8%), from €234,305 to €218,463
- Trade debts -€6,101
down €6,101 (-29.1%), from €20,965 to €14,864
- Gross operating margin -€6,484
down €6,484 (-7.3%), from €88,800 to €82,316
- Financial income -€1,562
down €1,562 (-89.3%), from €1,749 to €187
- Staff costs +€1,303
up €1,303 (+3.5%), from €36,879 to €38,182
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €491,358 | €465,039 | -€26,319 | -5.4% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €327,534 | €301,465 | -€26,069 | -8.0% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €327,534 | €301,465 | -€26,069 | -8.0% |
| Land and buildings | 22 | €313,691 | €298,619 | -€15,072 | -4.8% |
| Plant, machinery and equipment | 23 | €8,011 | €2,846 | -€5,166 | -64.5% |
| Furniture and vehicles | 24 | €5,831 | €0 | -€5,831 | -100% |
| Current assets | 29/58 | €163,825 | €163,574 | -€251 | -0.2% |
| Stocks and contracts in progress | 3 | €38,364 | €30,639 | -€7,724 | -20.1% |
| Stocks | 30/36 | €18,631 | €14,158 | -€4,473 | -24.0% |
| Contracts in progress | 37 | €19,733 | €16,481 | -€3,252 | -16.5% |
| Amounts receivable within one year | 40/41 | €22,428 | €45,925 | +€23,496 | +105% |
| Trade receivables | 40 | €16,706 | €39,975 | +€23,269 | +139% |
| Other amounts receivable | 41 | €5,722 | €5,949 | +€228 | +4.0% |
| Cash at bank and in hand | 54/58 | €94,252 | €77,887 | -€16,365 | -17.4% |
| Deferred charges and accrued income | 490/1 | €8,781 | €9,123 | +€342 | +3.9% |
| Total equity and liabilities | 10/49 | €491,358 | €465,039 | -€26,319 | -5.4% |
| Equity | 10/15 | €210,906 | €211,734 | +€827 | +0.4% |
| Contributions | 10/11 | €6,150 | €6,150 | = | 0.0% |
| Reserves | 13 | €42,996 | €42,996 | = | 0.0% |
| Tax-exempt reserves | 132 | €12,000 | €12,000 | = | 0.0% |
| Distributable reserves | 133 | €30,996 | €30,996 | = | 0.0% |
| Profit (loss) carried forward | 14 | €161,760 | €162,588 | +€827 | +0.5% |
| Amounts payable | 17/49 | €280,452 | €253,305 | -€27,147 | -9.7% |
| Amounts payable after more than one year | 17 | €234,305 | €218,463 | -€15,842 | -6.8% |
| Financial debts | 170/4 | €234,305 | €218,463 | -€15,842 | -6.8% |
| Amounts payable within one year | 42/48 | €43,775 | €34,418 | -€9,357 | -21.4% |
| Current portion of amounts payable after more than one year | 42 | €15,321 | €15,842 | +€521 | +3.4% |
| Trade debts | 44 | €20,965 | €14,864 | -€6,101 | -29.1% |
| Suppliers | 440/4 | €20,965 | €14,864 | -€6,101 | -29.1% |
| Taxes, remuneration and social security | 45 | €5,889 | €3,680 | -€2,209 | -37.5% |
| Taxes | 450/3 | €2,797 | €1,489 | -€1,308 | -46.8% |
| Remuneration and social security | 454/9 | €3,092 | €2,191 | -€901 | -29.1% |
| Other amounts payable | 47/48 | €1,600 | €32 | -€1,568 | -98.0% |
| Accrued charges and deferred income | 492/3 | €2,372 | €424 | -€1,948 | -82.1% |
| Non-recurring operating income | 76A | €1,000 | - | -€1,000 | |
| Remuneration, social security and pensions | 62 | €36,879 | €38,182 | +€1,303 | +3.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,027 | €28,328 | +€301 | +1.1% |
| Other operating charges | 640/8 | €3,302 | €3,869 | +€566 | +17.1% |
| Gross operating margin | 9900 | €88,800 | €82,316 | -€6,484 | -7.3% |
| Operating profit (loss) | 9901 | €20,592 | €11,938 | -€8,654 | -42.0% |
| Financial income | 75/76B | €1,749 | €187 | -€1,562 | -89.3% |
| Recurring financial income | 75 | €1,749 | €187 | -€1,562 | -89.3% |
| Financial charges | 65/66B | €11,162 | €10,569 | -€593 | -5.3% |
| Recurring financial charges | 65 | €11,162 | €10,569 | -€593 | -5.3% |
| Profit (loss) for the period before taxes | 9903 | €11,178 | €1,556 | -€9,622 | -86.1% |
| Income taxes | 67/77 | €722 | €728 | +€6 | +0.8% |
| Profit (loss) for the period | 9904 | €10,456 | €827 | -€9,628 | -92.1% |
| Profit (loss) for the period to be appropriated | 9905 | €10,456 | €827 | -€9,628 | -92.1% |
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 13 October 2026 via checked.be.