DECOVERT: what changed
Two financial 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.
DECOVERT
Largest movements
- Tangible fixed assets -€5,933
down €5,933 (-6.1%), from €96,888 to €90,956
- Cash +€2,640
up €2,640 (+23.1%), from €11,434 to €14,075
mainly Depreciation (+€5,933) and Trade debts (+€1,601)
- Profit (loss) carried forward -€5,401
down €5,401 (-5.5%), from -€98,429 to -€103,830
- Revaluation surpluses -€3,026
down €3,026 (-4.1%), from €73,635 to €70,609
- Reserves +€3,026
up €3,026 (+11.1%), from €27,235 to €30,261
- Trade debts +€1,601
up €1,601 (+1267.1%), from €126 to €1,728
- Gross operating margin +€11,302
up €11,302, from -€8,993 to €2,309
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 | €109,996 | €106,771 | -€3,225 | -2.9% |
| Fixed assets | 21/28 | €96,888 | €90,956 | -€5,933 | -6.1% |
| Tangible fixed assets | 22/27 | €96,888 | €90,956 | -€5,933 | -6.1% |
| Land and buildings | 22 | €96,888 | €90,956 | -€5,933 | -6.1% |
| Current assets | 29/58 | €13,108 | €15,816 | +€2,708 | +20.7% |
| Amounts receivable within one year | 40/41 | €1,212 | €1,251 | +€38 | +3.2% |
| Trade receivables | 40 | €1,212 | €1,251 | +€38 | +3.2% |
| Cash at bank and in hand | 54/58 | €11,434 | €14,075 | +€2,640 | +23.1% |
| Deferred charges and accrued income | 490/1 | €461 | €491 | +€29 | +6.4% |
| Total equity and liabilities | 10/49 | €109,996 | €106,771 | -€3,225 | -2.9% |
| Equity | 10/15 | €108,941 | €103,540 | -€5,401 | -5.0% |
| Contributions | 10/11 | €106,500 | €106,500 | = | 0.0% |
| Revaluation surpluses | 12 | €73,635 | €70,609 | -€3,026 | -4.1% |
| Reserves | 13 | €27,235 | €30,261 | +€3,026 | +11.1% |
| Distributable reserves | 133 | €27,235 | €30,261 | +€3,026 | +11.1% |
| Profit (loss) carried forward | 14 | -€98,429 | -€103,830 | -€5,401 | -5.5% |
| Amounts payable | 17/49 | €1,055 | €3,231 | +€2,176 | +206.4% |
| Amounts payable within one year | 42/48 | €126 | €2,303 | +€2,176 | +1722.2% |
| Trade debts | 44 | €126 | €1,728 | +€1,601 | +1267.1% |
| Suppliers | 440/4 | €126 | €1,728 | +€1,601 | +1267.1% |
| Other amounts payable | 47/48 | - | €575 | +€575 | |
| Accrued charges and deferred income | 492/3 | €928 | €928 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,933 | €5,933 | = | 0.0% |
| Other operating charges | 640/8 | €1,720 | €1,733 | +€13 | +0.8% |
| Gross operating margin | 9900 | -€8,993 | €2,309 | +€11,302 | |
| Operating profit (loss) | 9901 | -€16,645 | -€5,356 | +€11,289 | +67.8% |
| Financial charges | 65/66B | €45 | €45 | = | 0.0% |
| Recurring financial charges | 65 | €45 | €45 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | -€16,690 | -€5,401 | +€11,289 | +67.6% |
| Profit (loss) for the period | 9904 | -€16,690 | -€5,401 | +€11,289 | +67.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€16,690 | -€5,401 | +€11,289 | +67.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.