Decover: what changed
What changed
Decover
NACE 47.741, Retail sale of medical and orthopaedic goods, excluding prescription glasses and lenses
filed annual accounts (NBB)
Net result for the year
€39,951
2024 · €118,016-€78,065
Equity
€2.6m
2024 · €2.6m+€39,951
Cash
€546,239
2024 · €262,037+€284,203
Balance sheet total
€2.7m
2024 · €2.6m+€41,797
Largest movements
Assets
- Cash +€284,203
up €284,203 (+108%), from €262,037 to €546,239
mainly Current investments (+€200,000) and Depreciation (+€45,869)
- Current investments -€200,000
down €200,000 (-20.0%), from €1.0m to €800,000
- Stocks and contracts -€28,944
down €28,944 (-6.7%), from €431,052 to €402,109
Equity and liabilities
- Reserves +€39,900
up €39,900 (+2.0%), from €2.0m to €2.0m
of which Distributable reserves: +€39,900
Income statement
- Gross operating margin -€109,314
down €109,314 (-55.0%), from €198,723 to €89,409
- Taxes -€33,848
down €33,848 (-68.5%), from €49,401 to €15,553
- Financial income -€8,174
down €8,174 (-26.3%), from €31,110 to €22,937
- Staff costs -€5,398
no longer reported in 2025 (was €5,398)
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€118,016
Gross operating margin
-€109,314
Staff costs
+€5,398
Depreciation
-€578
Other operating charges
+€454
Financial income
-€8,174
Financial charges
+€301
Taxes
+€33,848
Result 2025
€39,951
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€119,563
Investment
+€164,640
Financing
€0
Cash 2024
€262,037
From operations (derived)
+€119,563
Net result for the year
+€39,951
Depreciation
+€45,869
Stocks and contracts
+€28,944
Receivables within one year
-€9,295
Deferred charges and accrued income
+€12,249
Trade debts
+€6,796
Tax, wage and social debts
-€4,346
Other debts
-€604
Investment (derived)
+€164,640
Investment in fixed assets (net)
-€35,360
Current investments
+€200,000
Cash 2025
€546,239
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,608,724 | €2,650,521 | +€41,797 | +1.6% |
| Fixed assets | 21/28 | €852,639 | €842,131 | -€10,509 | -1.2% |
| Tangible fixed assets | 22/27 | €852,565 | €842,056 | -€10,509 | -1.2% |
| Land and buildings | 22 | €16,838 | €6,477 | -€10,361 | -61.5% |
| Furniture and vehicles | 24 | €2,613 | €32,765 | +€30,153 | +1,154% |
| Other tangible fixed assets | 26 | €833,114 | €802,814 | -€30,300 | -3.6% |
| Financial fixed assets | 28 | €74 | €74 | = | 0.0% |
| Current assets | 29/58 | €1,756,085 | €1,808,390 | +€52,305 | +3.0% |
| Stocks and contracts in progress | 3 | €431,052 | €402,109 | -€28,944 | -6.7% |
| Stocks | 30/36 | €431,052 | €402,109 | -€28,944 | -6.7% |
| Amounts receivable within one year | 40/41 | €50,747 | €60,043 | +€9,295 | +18.3% |
| Trade receivables | 40 | €50,747 | €45,814 | -€4,933 | -9.7% |
| Other amounts receivable | 41 | - | €14,229 | +€14,229 | |
| Current investments | 50/53 | €1,000,000 | €800,000 | -€200,000 | -20.0% |
| Cash at bank and in hand | 54/58 | €262,037 | €546,239 | +€284,203 | +108% |
| Deferred charges and accrued income | 490/1 | €12,249 | - | -€12,249 | |
| Total equity and liabilities | 10/49 | €2,608,724 | €2,650,521 | +€41,797 | +1.6% |
| Equity | 10/15 | €2,586,878 | €2,626,829 | +€39,951 | +1.5% |
| Contributions | 10/11 | €594,000 | €594,000 | = | 0.0% |
| Capital | 10 | €594,000 | €594,000 | = | 0.0% |
| Issued capital | 100 | €594,000 | €594,000 | = | 0.0% |
| Reserves | 13 | €1,992,780 | €2,032,680 | +€39,900 | +2.0% |
| Non-distributable reserves | 130/1 | €65,050 | €65,050 | = | 0.0% |
| Legal reserve | 130 | €65,050 | €65,050 | = | 0.0% |
| Distributable reserves | 133 | €1,927,730 | €1,967,630 | +€39,900 | +2.1% |
| Profit (loss) carried forward | 14 | €98 | €149 | +€51 | +52.2% |
| Amounts payable | 17/49 | €21,847 | €23,692 | +€1,845 | +8.4% |
| Amounts payable within one year | 42/48 | €21,847 | €23,692 | +€1,845 | +8.4% |
| Trade debts | 44 | €8,107 | €14,902 | +€6,796 | +83.8% |
| Suppliers | 440/4 | €8,107 | €14,902 | +€6,796 | +83.8% |
| Taxes, remuneration and social security | 45 | €5,347 | €1,001 | -€4,346 | -81.3% |
| Taxes | 450/3 | €5,347 | €1,001 | -€4,346 | -81.3% |
| Other amounts payable | 47/48 | €8,393 | €7,789 | -€604 | -7.2% |
| Non-recurring operating income | 76A | €77,600 | - | -€77,600 | |
| Remuneration, social security and pensions | 62 | €5,398 | - | -€5,398 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €45,291 | €45,869 | +€578 | +1.3% |
| Other operating charges | 640/8 | €9,995 | €9,541 | -€454 | -4.5% |
| Gross operating margin | 9900 | €198,723 | €89,409 | -€109,314 | -55.0% |
| Operating profit (loss) | 9901 | €138,039 | €33,999 | -€104,040 | -75.4% |
| Financial income | 75/76B | €31,110 | €22,937 | -€8,174 | -26.3% |
| Recurring financial income | 75 | €31,110 | €22,937 | -€8,174 | -26.3% |
| Financial charges | 65/66B | €1,732 | €1,431 | -€301 | -17.4% |
| Recurring financial charges | 65 | €1,732 | €1,431 | -€301 | -17.4% |
| Profit (loss) for the period before taxes | 9903 | €167,417 | €55,505 | -€111,912 | -66.8% |
| Income taxes | 67/77 | €49,401 | €15,553 | -€33,848 | -68.5% |
| Profit (loss) for the period | 9904 | €118,016 | €39,951 | -€78,065 | -66.1% |
| Profit (loss) for the period to be appropriated | 9905 | €118,016 | €39,951 | -€78,065 | -66.1% |
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Compare this company with its sector.Sector benchmark
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.