DECOTI: 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.
DECOTI
Largest movements
- Stocks and contracts -€45,353
down €45,353 (-39.6%), from €114,569 to €69,215
- Receivables within one year -€7,661
down €7,661 (-18.0%), from €42,547 to €34,885
- Profit (loss) carried forward -€24,856
down €24,856 (-355%), from -€7,011 to -€31,867
- Trade debts -€13,345
down €13,345 (-31.0%), from €43,073 to €29,728
- Advances received -€9,500
down €9,500 (-79.2%), from €12,000 to €2,500
- Other debts -€3,197
down €3,197 (-4.0%), from €80,678 to €77,480
- Turnover -€15,644
down €15,644 (-10.5%), from €148,290 to €132,646
- Purchases and services -€9,234
down €9,234 (-6.4%), from €143,719 to €134,485
- Gross operating margin -€6,339
down €6,339, from €4,571 to -€1,767
- Financial charges +€4,918
up €4,918 (+2,101%), from €234 to €5,152
- Staff costs +€4,570
up €4,570 (+57.2%), from €7,992 to €12,562
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €170,842 | €119,839 | -€51,003 | -29.9% |
| Fixed assets | 21/28 | €2,803 | €4,026 | +€1,223 | +43.6% |
| Tangible fixed assets | 22/27 | €2,803 | €4,026 | +€1,223 | +43.6% |
| Plant, machinery and equipment | 23 | €448 | €103 | -€345 | -77.0% |
| Furniture and vehicles | 24 | €150 | - | -€150 | |
| Other tangible fixed assets | 26 | €2,205 | €3,923 | +€1,718 | +77.9% |
| Current assets | 29/58 | €168,039 | €115,813 | -€52,226 | -31.1% |
| Stocks and contracts in progress | 3 | €114,569 | €69,215 | -€45,353 | -39.6% |
| Stocks | 30/36 | €114,569 | €69,215 | -€45,353 | -39.6% |
| Amounts receivable within one year | 40/41 | €42,547 | €34,885 | -€7,661 | -18.0% |
| Trade receivables | 40 | €42,547 | €34,885 | -€7,661 | -18.0% |
| Cash at bank and in hand | 54/58 | €10,924 | €11,712 | +€788 | +7.2% |
| Total equity and liabilities | 10/49 | €170,842 | €119,839 | -€51,003 | -29.9% |
| Equity | 10/15 | €17,989 | -€6,867 | -€24,856 | |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€7,011 | -€31,867 | -€24,856 | -355% |
| Amounts payable | 17/49 | €152,853 | €126,706 | -€26,147 | -17.1% |
| Amounts payable within one year | 42/48 | €152,853 | €126,706 | -€26,147 | -17.1% |
| Trade debts | 44 | €43,073 | €29,728 | -€13,345 | -31.0% |
| Suppliers | 440/4 | €43,073 | €29,728 | -€13,345 | -31.0% |
| Advances received on contracts in progress | 46 | €12,000 | €2,500 | -€9,500 | -79.2% |
| Taxes, remuneration and social security | 45 | €17,102 | €16,998 | -€104 | -0.6% |
| Taxes | 450/3 | €12,099 | €10,696 | -€1,404 | -11.6% |
| Remuneration and social security | 454/9 | €5,003 | €6,302 | +€1,299 | +26.0% |
| Other amounts payable | 47/48 | €80,678 | €77,480 | -€3,197 | -4.0% |
| Turnover | 70 | €148,290 | €132,646 | -€15,644 | -10.5% |
| Non-recurring operating income | 76A | - | €72 | +€72 | |
| Goods, raw materials, services and sundry goods | 60/61 | €143,719 | €134,485 | -€9,234 | -6.4% |
| Remuneration, social security and pensions | 62 | €7,992 | €12,562 | +€4,570 | +57.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,364 | €911 | -€453 | -33.2% |
| Other operating charges | 640/8 | €435 | €4,730 | +€4,295 | +987% |
| Gross operating margin | 9900 | €4,571 | -€1,767 | -€6,339 | |
| Operating profit (loss) | 9901 | -€5,220 | -€19,971 | -€14,751 | -283% |
| Financial income | 75/76B | €76 | €267 | +€190 | +249% |
| Recurring financial income | 75 | €76 | €267 | +€190 | +249% |
| Financial charges | 65/66B | €234 | €5,152 | +€4,918 | +2,101% |
| Recurring financial charges | 65 | €234 | €5,152 | +€4,918 | +2,101% |
| Profit (loss) for the period before taxes | 9903 | -€5,377 | -€24,856 | -€19,479 | -362% |
| Profit (loss) for the period | 9904 | -€5,377 | -€24,856 | -€19,479 | -362% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,377 | -€24,856 | -€19,479 | -362% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.