DECOVAMA: 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.
DECOVAMA
Largest movements
- Tangible fixed assets -€14,077
down €14,077 (-23.3%), from €60,531 to €46,454
of which Leasing and similar rights: -€10,198
- Cash +€4,873
up €4,873 (+4.2%), from €117,107 to €121,980
mainly Other debts (+€126,184) and Depreciation (+€11,234)
- Financial fixed assets +€2,850
up €2,850 (+79.8%), from €3,570 to €6,420
- Receivables within one year -€2,512
down €2,512 (-4.9%), from €51,512 to €48,999
of which Other amounts receivable: -€9,057
- Other debts +€126,184
new in 2026: €126,184
- Reserves -€97,932
down €97,932 (-63.1%), from €155,116 to €57,184
- Contributions -€20,000
down €20,000 (-100.0%), from €20,000 to €0
- Debts after one year -€6,408
down €6,408 (-54.2%), from €11,832 to €5,424
- Short-term financial debts -€4,952
down €4,952 (-39.6%), from €12,500 to €7,548
- Depreciation -€3,644
down €3,644 (-24.5%), from €14,878 to €11,234
- Staff costs +€3,358
up €3,358 (+5.0%), from €67,434 to €70,792
- Taxes -€2,448
down €2,448 (-34.0%), from €7,198 to €4,750
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €240,446 | €230,830 | -€9,616 | -4.0% |
| Fixed assets | 21/28 | €64,101 | €52,874 | -€11,227 | -17.5% |
| Tangible fixed assets | 22/27 | €60,531 | €46,454 | -€14,077 | -23.3% |
| Plant, machinery and equipment | 23 | €40,734 | €37,420 | -€3,315 | -8.1% |
| Furniture and vehicles | 24 | €622 | €57 | -€564 | -90.8% |
| Leasing and similar rights | 25 | €19,175 | €8,977 | -€10,198 | -53.2% |
| Financial fixed assets | 28 | €3,570 | €6,420 | +€2,850 | +79.8% |
| Current assets | 29/58 | €176,345 | €177,956 | +€1,611 | +0.9% |
| Stocks and contracts in progress | 3 | €5,000 | €5,000 | = | 0.0% |
| Stocks | 30/36 | €5,000 | €5,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €51,512 | €48,999 | -€2,512 | -4.9% |
| Trade receivables | 40 | €111 | €6,656 | +€6,545 | +5896.1% |
| Other amounts receivable | 41 | €51,401 | €42,344 | -€9,057 | -17.6% |
| Cash at bank and in hand | 54/58 | €117,107 | €121,980 | +€4,873 | +4.2% |
| Deferred charges and accrued income | 490/1 | €2,726 | €1,977 | -€750 | -27.5% |
| Total equity and liabilities | 10/49 | €240,446 | €230,830 | -€9,616 | -4.0% |
| Equity | 10/15 | €175,116 | €57,184 | -€117,932 | -67.3% |
| Contributions | 10/11 | €20,000 | €0 | -€20,000 | -100.0% |
| Reserves | 13 | €155,116 | €57,184 | -€97,932 | -63.1% |
| Distributable reserves | 133 | €155,116 | €57,184 | -€97,932 | -63.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €65,330 | €173,647 | +€108,317 | +165.8% |
| Amounts payable after more than one year | 17 | €11,832 | €5,424 | -€6,408 | -54.2% |
| Financial debts | 170/4 | €11,832 | €5,424 | -€6,408 | -54.2% |
| Amounts payable within one year | 42/48 | €53,498 | €168,222 | +€114,724 | +214.4% |
| Current portion of amounts payable after more than one year | 42 | €7,937 | €4,106 | -€3,831 | -48.3% |
| Financial debts | 43 | €12,500 | €7,548 | -€4,952 | -39.6% |
| Credit institutions | 430/8 | €12,500 | €7,548 | -€4,952 | -39.6% |
| Trade debts | 44 | €12,697 | €14,374 | +€1,677 | +13.2% |
| Suppliers | 440/4 | €12,697 | €14,374 | +€1,677 | +13.2% |
| Taxes, remuneration and social security | 45 | €20,365 | €16,011 | -€4,354 | -21.4% |
| Taxes | 450/3 | €8,682 | €8,667 | -€16 | -0.2% |
| Remuneration and social security | 454/9 | €11,683 | €7,345 | -€4,338 | -37.1% |
| Other amounts payable | 47/48 | - | €126,184 | +€126,184 | |
| Non-recurring operating income | 76A | €11,766 | €0 | -€11,766 | -100.0% |
| Remuneration, social security and pensions | 62 | €67,434 | €70,792 | +€3,358 | +5.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,878 | €11,234 | -€3,644 | -24.5% |
| Other operating charges | 640/8 | €3,448 | €2,675 | -€773 | -22.4% |
| Non-recurring operating charges | 66A | - | €3,974 | +€3,974 | |
| Gross operating margin | 9900 | €102,269 | €101,798 | -€471 | -0.5% |
| Operating profit (loss) | 9901 | €16,508 | €13,122 | -€3,386 | -20.5% |
| Financial income | 75/76B | €1,862 | €2,819 | +€956 | +51.4% |
| Recurring financial income | 75 | €1,862 | €2,819 | +€956 | +51.4% |
| Financial charges | 65/66B | €2,177 | €2,939 | +€763 | +35.0% |
| Recurring financial charges | 65 | €2,177 | €2,939 | +€763 | +35.0% |
| Profit (loss) for the period before taxes | 9903 | €16,193 | €13,001 | -€3,192 | -19.7% |
| Income taxes | 67/77 | €7,198 | €4,750 | -€2,448 | -34.0% |
| Profit (loss) for the period | 9904 | €8,995 | €8,251 | -€744 | -8.3% |
| Profit (loss) for the period to be appropriated | 9905 | €8,995 | €8,251 | -€744 | -8.3% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2025 and 30 June 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.