DECOTIS: 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.
DECOTIS
Largest movements
- Receivables within one year -€31,550
down €31,550 (-98.5%), from €32,037 to €487
of which Trade receivables: -€30,000
- Tangible fixed assets +€17,658
new in 2024: €17,658
- Other debts -€22,351
down €22,351 (-35.3%), from €63,344 to €40,993
- Debts after one year +€17,000
up €17,000 (+6.1%), from €278,628 to €295,628
- Advances received -€16,940
no longer reported in 2024 (was €16,940)
- Profit (loss) carried forward +€7,883
up €7,883 (+2.1%), from -€369,098 to -€361,216
- Trade debts +€455
new in 2024: €455
- Depreciation +€3,163
new in 2024: €3,163
- Gross operating margin -€2,089
down €2,089 (-12.0%), from €17,476 to €15,387
- Financial charges -€1,587
down €1,587 (-31.2%), from €5,089 to €3,503
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.
Cash bridge derived
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €32,176 | €18,232 | -€13,944 | -43.3% |
| Fixed assets | 21/28 | - | €17,658 | +€17,658 | |
| Tangible fixed assets | 22/27 | - | €17,658 | +€17,658 | |
| Furniture and vehicles | 24 | - | €17,658 | +€17,658 | |
| Current assets | 29/58 | €32,176 | €574 | -€31,601 | -98.2% |
| Amounts receivable within one year | 40/41 | €32,037 | €487 | -€31,550 | -98.5% |
| Trade receivables | 40 | €30,000 | - | -€30,000 | |
| Other amounts receivable | 41 | €2,037 | €487 | -€1,550 | -76.1% |
| Deferred charges and accrued income | 490/1 | €139 | €87 | -€52 | -37.2% |
| Total equity and liabilities | 10/49 | €32,176 | €18,232 | -€13,944 | -43.3% |
| Equity | 10/15 | -€347,159 | -€339,276 | +€7,883 | +2.3% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €1,940 | €1,940 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,940 | €1,940 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,940 | €1,940 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€369,098 | -€361,216 | +€7,883 | +2.1% |
| Amounts payable | 17/49 | €379,335 | €357,508 | -€21,826 | -5.8% |
| Amounts payable after more than one year | 17 | €278,628 | €295,628 | +€17,000 | +6.1% |
| Financial debts | 170/4 | €278,628 | €295,628 | +€17,000 | +6.1% |
| Amounts payable within one year | 42/48 | €100,707 | €61,880 | -€38,826 | -38.6% |
| Financial debts | 43 | €20,423 | €20,432 | +€10 | 0.0% |
| Credit institutions | 430/8 | €20,423 | €20,432 | +€10 | 0.0% |
| Trade debts | 44 | - | €455 | +€455 | |
| Suppliers | 440/4 | - | €455 | +€455 | |
| Advances received on contracts in progress | 46 | €16,940 | - | -€16,940 | |
| Other amounts payable | 47/48 | €63,344 | €40,993 | -€22,351 | -35.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €3,163 | +€3,163 | |
| Other operating charges | 640/8 | €932 | €839 | -€94 | -10.0% |
| Gross operating margin | 9900 | €17,476 | €15,387 | -€2,089 | -12.0% |
| Operating profit (loss) | 9901 | €16,544 | €11,385 | -€5,158 | -31.2% |
| Financial charges | 65/66B | €5,089 | €3,503 | -€1,587 | -31.2% |
| Recurring financial charges | 65 | €5,089 | €3,503 | -€1,587 | -31.2% |
| Profit (loss) for the period before taxes | 9903 | €11,454 | €7,883 | -€3,572 | -31.2% |
| Profit (loss) for the period | 9904 | €11,454 | €7,883 | -€3,572 | -31.2% |
| Profit (loss) for the period to be appropriated | 9905 | €11,454 | €7,883 | -€3,572 | -31.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.