DECOWORKX: 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.
DECOWORKX
Largest movements
- Cash -€23,949
down €23,949 (-70.3%), from €34,080 to €10,131
mainly Net result for the year (-€30,296) and Debts after one year (-€13,378)
- Tangible fixed assets -€19,177
down €19,177 (-33.0%), from €58,142 to €38,965
- Receivables within one year +€2,274
up €2,274 (+21.8%), from €10,413 to €12,687
of which Trade receivables: +€5,560
- Profit (loss) carried forward -€30,296
down €30,296 (-1,373%), from -€2,206 to -€32,503
- Other debts +€14,767
up €14,767 (+97.4%), from €15,154 to €29,921
- Debts after one year -€13,378
down €13,378 (-43.3%), from €30,897 to €17,519
- Trade debts -€12,425
down €12,425 (-81.4%), from €15,258 to €2,833
- Gross operating margin -€18,311
down €18,311 (-83.1%), from €22,043 to €3,732
- Staff costs +€11,161
new in 2025: €11,161
- Taxes -€780
down €780 (-69.4%), from €1,125 to €345
- Financial charges -€630
down €630 (-21.4%), from €2,946 to €2,317
- Other operating charges +€239
up €239 (+30.2%), from €791 to €1,029
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.
Derived cash bridge
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 | €103,446 | €62,656 | -€40,790 | -39.4% |
| Fixed assets | 21/28 | €58,142 | €38,965 | -€19,177 | -33.0% |
| Tangible fixed assets | 22/27 | €58,142 | €38,965 | -€19,177 | -33.0% |
| Plant, machinery and equipment | 23 | €4,267 | €2,389 | -€1,877 | -44.0% |
| Furniture and vehicles | 24 | €25,310 | €16,118 | -€9,192 | -36.3% |
| Leasing and similar rights | 25 | €28,565 | €20,458 | -€8,108 | -28.4% |
| Current assets | 29/58 | €45,304 | €23,692 | -€21,613 | -47.7% |
| Amounts receivable within one year | 40/41 | €10,413 | €12,687 | +€2,274 | +21.8% |
| Trade receivables | 40 | €1,553 | €7,113 | +€5,560 | +358% |
| Other amounts receivable | 41 | €8,860 | €5,574 | -€3,286 | -37.1% |
| Cash at bank and in hand | 54/58 | €34,080 | €10,131 | -€23,949 | -70.3% |
| Deferred charges and accrued income | 490/1 | €811 | €873 | +€62 | +7.7% |
| Total equity and liabilities | 10/49 | €103,446 | €62,656 | -€40,790 | -39.4% |
| Equity | 10/15 | €26,701 | -€3,595 | -€30,296 | |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €16,507 | €16,507 | = | 0.0% |
| Distributable reserves | 133 | €16,507 | €16,507 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,206 | -€32,503 | -€30,296 | -1,373% |
| Amounts payable | 17/49 | €76,745 | €66,252 | -€10,493 | -13.7% |
| Amounts payable after more than one year | 17 | €30,897 | €17,519 | -€13,378 | -43.3% |
| Financial debts | 170/4 | €30,897 | €17,519 | -€13,378 | -43.3% |
| Amounts payable within one year | 42/48 | €45,848 | €48,733 | +€2,885 | +6.3% |
| Current portion of amounts payable after more than one year | 42 | €13,296 | €13,805 | +€508 | +3.8% |
| Trade debts | 44 | €15,258 | €2,833 | -€12,425 | -81.4% |
| Suppliers | 440/4 | €15,258 | €2,833 | -€12,425 | -81.4% |
| Taxes, remuneration and social security | 45 | €2,139 | €2,174 | +€35 | +1.6% |
| Taxes | 450/3 | €1,125 | €345 | -€780 | -69.4% |
| Remuneration and social security | 454/9 | €1,014 | €1,829 | +€815 | +80.4% |
| Other amounts payable | 47/48 | €15,154 | €29,921 | +€14,767 | +97.4% |
| Remuneration, social security and pensions | 62 | - | €11,161 | +€11,161 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,387 | €19,177 | -€210 | -1.1% |
| Other operating charges | 640/8 | €791 | €1,029 | +€239 | +30.2% |
| Gross operating margin | 9900 | €22,043 | €3,732 | -€18,311 | -83.1% |
| Operating profit (loss) | 9901 | €1,865 | -€27,635 | -€29,500 | |
| Financial charges | 65/66B | €2,946 | €2,317 | -€630 | -21.4% |
| Recurring financial charges | 65 | €2,946 | €2,317 | -€630 | -21.4% |
| Profit (loss) for the period before taxes | 9903 | -€1,082 | -€29,952 | -€28,870 | -2,669% |
| Income taxes | 67/77 | €1,125 | €345 | -€780 | -69.4% |
| Profit (loss) for the period | 9904 | -€2,206 | -€30,296 | -€28,090 | -1,273% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,206 | -€30,296 | -€28,090 | -1,273% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.