DECOTIM: what changed
Two fiscal 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.
DECOTIM
Largest movements
- Tangible fixed assets -€36,516
down €36,516 (-11.4%), from €319,579 to €283,063
- Receivables within one year +€35,213
new in 2025: €35,213
- Cash +€24,487
up €24,487 (+140.1%), from €17,482 to €41,970
mainly Net result for the year (+€117,482) and Depreciation (+€36,516)
- Reserves +€70,000
up €70,000 (+17.3%), from €404,283 to €474,283
of which Distributable reserves: +€70,000
- Profit (loss) carried forward -€55,375
down €55,375 (-31.9%), from €173,824 to €118,450
- Tax, wage and social debts +€15,677
up €15,677 (+35.5%), from €44,120 to €59,797
- Financial income -€586,854
down €586,854 (-99.8%), from €588,152 to €1,298
of which Non-recurring financial income: -€588,100
- Gross operating margin +€275,798
up €275,798, from -€32,881 to €242,916
- Taxes -€69,134
down €69,134 (-56.2%), from €123,103 to €53,969
- Financial charges -€19,647
down €19,647 (-94.3%), from €20,842 to €1,195
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 | €728,448 | €751,633 | +€23,185 | +3.2% |
| Fixed assets | 21/28 | €320,155 | €283,639 | -€36,516 | -11.4% |
| Tangible fixed assets | 22/27 | €319,579 | €283,063 | -€36,516 | -11.4% |
| Land and buildings | 22 | €319,579 | €283,063 | -€36,516 | -11.4% |
| Financial fixed assets | 28 | €576 | €576 | = | 0.0% |
| Current assets | 29/58 | €408,293 | €467,994 | +€59,701 | +14.6% |
| Stocks and contracts in progress | 3 | €390,811 | €390,811 | = | 0.0% |
| Stocks | 30/36 | €390,811 | €390,811 | = | 0.0% |
| Amounts receivable within one year | 40/41 | - | €35,213 | +€35,213 | |
| Other amounts receivable | 41 | - | €35,213 | +€35,213 | |
| Cash at bank and in hand | 54/58 | €17,482 | €41,970 | +€24,487 | +140.1% |
| Total equity and liabilities | 10/49 | €728,448 | €751,633 | +€23,185 | +3.2% |
| Equity | 10/15 | €640,107 | €654,732 | +€14,625 | +2.3% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €404,283 | €474,283 | +€70,000 | +17.3% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €398,083 | €468,083 | +€70,000 | +17.6% |
| Profit (loss) carried forward | 14 | €173,824 | €118,450 | -€55,375 | -31.9% |
| Amounts payable | 17/49 | €88,341 | €96,901 | +€8,560 | +9.7% |
| Amounts payable after more than one year | 17 | €1,247 | €1,247 | = | 0.0% |
| Other amounts payable | 178/9 | €1,247 | €1,247 | = | 0.0% |
| Amounts payable within one year | 42/48 | €86,533 | €95,654 | +€9,121 | +10.5% |
| Current portion of amounts payable after more than one year | 42 | €6,184 | - | -€6,184 | |
| Trade debts | 44 | €7,010 | - | -€7,010 | |
| Suppliers | 440/4 | €7,010 | - | -€7,010 | |
| Taxes, remuneration and social security | 45 | €44,120 | €59,797 | +€15,677 | +35.5% |
| Taxes | 450/3 | €44,120 | €59,797 | +€15,677 | +35.5% |
| Other amounts payable | 47/48 | €29,219 | €35,857 | +€6,638 | +22.7% |
| Accrued charges and deferred income | 492/3 | €561 | - | -€561 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €36,824 | €36,516 | -€308 | -0.8% |
| Other operating charges | 640/8 | €36,392 | €35,052 | -€1,340 | -3.7% |
| Gross operating margin | 9900 | -€32,881 | €242,916 | +€275,798 | |
| Operating profit (loss) | 9901 | -€106,097 | €171,348 | +€277,445 | |
| Financial income | 75/76B | €588,152 | €1,298 | -€586,854 | -99.8% |
| Recurring financial income | 75 | €52 | €1,298 | +€1,246 | +2398.2% |
| Non-recurring financial income | 76B | €588,100 | - | -€588,100 | |
| Financial charges | 65/66B | €20,842 | €1,195 | -€19,647 | -94.3% |
| Recurring financial charges | 65 | €20,842 | €1,195 | -€19,647 | -94.3% |
| Profit (loss) for the period before taxes | 9903 | €461,213 | €171,451 | -€289,762 | -62.8% |
| Income taxes | 67/77 | €123,103 | €53,969 | -€69,134 | -56.2% |
| Profit (loss) for the period | 9904 | €338,110 | €117,482 | -€220,628 | -65.3% |
| Profit (loss) for the period to be appropriated | 9905 | €338,110 | €117,482 | -€220,628 | -65.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.