DECOTRA: 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.
DECOTRA
Largest movements
- Cash +€196,496
up €196,496 (+276.0%), from €71,200 to €267,695
mainly Net result for the year (+€191,305) and Depreciation (+€187,646)
- Tangible fixed assets -€129,981
down €129,981 (-31.7%), from €410,338 to €280,358
- Current investments +€99,251
up €99,251 (+9.9%), from €1.0m to €1.1m
- Deferred charges and accrued income +€28,770
up €28,770 (+7264.6%), from €396 to €29,166
- Reserves +€191,305
up €191,305 (+11.2%), from €1.7m to €1.9m
of which Distributable reserves: +€191,305
- Gross operating margin -€86,925
down €86,925 (-9.2%), from €944,341 to €857,416
- Depreciation -€45,534
down €45,534 (-19.5%), from €233,180 to €187,646
- Taxes -€17,320
down €17,320 (-16.6%), from €104,577 to €87,257
- Financial income -€11,856
down €11,856 (-33.9%), from €34,957 to €23,100
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 | €1,798,303 | €1,989,388 | +€191,085 | +10.6% |
| Fixed assets | 21/28 | €410,338 | €280,358 | -€129,981 | -31.7% |
| Tangible fixed assets | 22/27 | €410,338 | €280,358 | -€129,981 | -31.7% |
| Furniture and vehicles | 24 | €410,338 | €280,358 | -€129,981 | -31.7% |
| Current assets | 29/58 | €1,387,965 | €1,709,031 | +€321,066 | +23.1% |
| Stocks and contracts in progress | 3 | €10,750 | €9,000 | -€1,750 | -16.3% |
| Stocks | 30/36 | €10,750 | €9,000 | -€1,750 | -16.3% |
| Amounts receivable within one year | 40/41 | €305,619 | €303,918 | -€1,701 | -0.6% |
| Trade receivables | 40 | €187,329 | €186,005 | -€1,324 | -0.7% |
| Other amounts receivable | 41 | €118,289 | €117,913 | -€376 | -0.3% |
| Current investments | 50/53 | €1,000,000 | €1,099,251 | +€99,251 | +9.9% |
| Cash at bank and in hand | 54/58 | €71,200 | €267,695 | +€196,496 | +276.0% |
| Deferred charges and accrued income | 490/1 | €396 | €29,166 | +€28,770 | +7264.6% |
| Total equity and liabilities | 10/49 | €1,798,303 | €1,989,388 | +€191,085 | +10.6% |
| Equity | 10/15 | €1,724,397 | €1,915,701 | +€191,305 | +11.1% |
| Contributions | 10/11 | €20,451 | €20,451 | = | 0.0% |
| Reserves | 13 | €1,703,945 | €1,895,250 | +€191,305 | +11.2% |
| Non-distributable reserves | 130/1 | €2,045 | €2,045 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,045 | €2,045 | = | 0.0% |
| Distributable reserves | 133 | €1,701,900 | €1,893,205 | +€191,305 | +11.2% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €73,907 | €73,687 | -€219 | -0.3% |
| Amounts payable within one year | 42/48 | €73,907 | €73,687 | -€219 | -0.3% |
| Trade debts | 44 | €13,241 | €20,456 | +€7,215 | +54.5% |
| Suppliers | 440/4 | €13,241 | €20,456 | +€7,215 | +54.5% |
| Taxes, remuneration and social security | 45 | €60,666 | €53,111 | -€7,555 | -12.5% |
| Taxes | 450/3 | €34,111 | €26,419 | -€7,692 | -22.5% |
| Remuneration and social security | 454/9 | €26,555 | €26,691 | +€137 | +0.5% |
| Other amounts payable | 47/48 | €0 | €121 | +€121 | |
| Non-recurring operating income | 76A | €0 | €76,045 | +€76,045 | |
| Remuneration, social security and pensions | 62 | €407,839 | €406,902 | -€937 | -0.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €233,180 | €187,646 | -€45,534 | -19.5% |
| Other operating charges | 640/8 | €7,408 | €5,708 | -€1,701 | -23.0% |
| Gross operating margin | 9900 | €944,341 | €857,416 | -€86,925 | -9.2% |
| Operating profit (loss) | 9901 | €295,914 | €257,160 | -€38,754 | -13.1% |
| Financial income | 75/76B | €34,957 | €23,100 | -€11,856 | -33.9% |
| Recurring financial income | 75 | €34,957 | €23,100 | -€11,856 | -33.9% |
| Financial charges | 65/66B | €1,232 | €1,699 | +€468 | +38.0% |
| Recurring financial charges | 65 | €1,232 | €1,699 | +€468 | +38.0% |
| Profit (loss) for the period before taxes | 9903 | €329,639 | €278,561 | -€51,078 | -15.5% |
| Income taxes | 67/77 | €104,577 | €87,257 | -€17,320 | -16.6% |
| Profit (loss) for the period | 9904 | €225,063 | €191,305 | -€33,758 | -15.0% |
| Profit (loss) for the period to be appropriated | 9905 | €225,063 | €191,305 | -€33,758 | -15.0% |
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 4 October 2026 via checked.be.