DECRAN: 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.
What changed
DECRAN
NACE 25.110, Manufacture of metal structures and parts of structures
fiscal year 31-12-2024 against 31-12-2025filed annual accounts (NBB)
Net result for the year
€694,414
31-12-2024 · €969,128-€274,714
Equity
€1.2m
31-12-2024 · €2.7m-€1.5m
Cash
€533,150
31-12-2024 · €629,128-€95,979
Balance sheet total
€4.8m
31-12-2024 · €6.5m-€1.7m
Largest movements
Assets
- Current investments -€2.0m
down €2.0m (-100.0%), from €2.0m to €0
- Receivables within one year +€1.3m
up €1.3m (+77.3%), from €1.7m to €3.0m
of which Other amounts receivable: +€1.2m
- Financial fixed assets -€998,521
down €998,521 (-83.3%), from €1.2m to €200,639
- Stocks and contracts +€96,225
up €96,225 (+16.2%), from €593,594 to €689,818
of which Contracts in progress: +€58,130
- Cash -€95,979
down €95,979 (-15.3%), from €629,128 to €533,150
mainly Contributions, distributions and other (-€2.2m) and Receivables within one year (-€1.3m)
Equity and liabilities
- Reserves -€1.5m
down €1.5m (-55.2%), from €2.7m to €1.2m
of which Distributable reserves: -€1.5m
- Other debts -€431,500
down €431,500 (-16.4%), from €2.6m to €2.2m
- Trade debts +€243,485
up €243,485 (+44.3%), from €549,053 to €792,538
- Tax, wage and social debts -€144,488
down €144,488 (-51.4%), from €280,992 to €136,503
of which Taxes: -€153,611
Income statement
- Turnover +€7.9m
new in 2025: €7.9m
- Goods and materials +€4.4m
new in 2025: €4.4m
of which Purchases: +€4.4m
- Gross operating margin -€2.4m
no longer reported in 2025 (was €2.4m)
- Services and other goods +€1.3m
new in 2025: €1.3m
- Staff costs +€241,774
up €241,774 (+20.9%), from €1.2m to €1.4m
From the 31-12-2024 result to the 31-12-2025 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.
Result 31-12-2024
€969,128
Turnover
+€7.9m
Other operating income
+€58,471
Goods and materials
-€4.4m
Services and other goods
-€1.3m
Staff costs
-€241,774
Depreciation
-€18,515
Write-downs
-€25
Other operating charges
+€2,064
Other operating items
-€2.4m
Financial income
-€64,130
Financial charges
-€1,888
Taxes
+€109,178
Result 31-12-2025
€694,414
Cash bridge derived
Derived from the 31-12-2024 and 31-12-2025 balance sheets and the 31-12-2025 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
-€840,995
Investment
+€2.9m
Financing
-€2.2m
Cash 31-12-2024
€629,128
From operations (derived)
-€840,995
Net result for the year
+€694,414
Depreciation
+€135,062
Stocks and contracts
-€96,225
Receivables within one year
-€1.3m
Deferred charges and accrued income
-€1,944
Trade debts
+€243,485
Tax, wage and social debts
-€144,488
Advances received
+€58,021
Other debts
-€431,500
Accrued charges and deferred income
+€7,476
Investment (derived)
+€2.9m
Investment in fixed assets (net)
+€898,199
Current investments
+€2.0m
Financing
-€2.2m
Debts after one year
+€18,909
Current portion of long-term debt
+€19,747
Short-term financial debts
+€8,162
Contributions, distributions and other
-€2.2m
Cash 31-12-2025
€533,150
Every line side by side
| Line | Code | 31-12-2024 | 31-12-2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €6,527,765 | €4,801,991 | -€1.7m | -26.4% |
| Fixed assets | 21/28 | €1,578,926 | €545,665 | -€1.0m | -65.4% |
| Intangible fixed assets | 21 | €89,382 | €68,141 | -€21,241 | -23.8% |
| Tangible fixed assets | 22/27 | €290,384 | €276,885 | -€13,499 | -4.6% |
| Plant, machinery and equipment | 23 | €100,694 | €75,252 | -€25,442 | -25.3% |
| Furniture and vehicles | 24 | €189,691 | €201,633 | +€11,943 | +6.3% |
| Financial fixed assets | 28 | €1,199,160 | €200,639 | -€998,521 | -83.3% |
| Affiliated companies | 280/1 | - | €200,479 | +€200,479 | |
| Participating interests | 280 | - | €5,000 | +€5,000 | |
| Amounts receivable | 281 | - | €195,479 | +€195,479 | |
| Other financial fixed assets | 284/8 | - | €160 | +€160 | |
| Amounts receivable and cash guarantees | 285/8 | - | €160 | +€160 | |
| Current assets | 29/58 | €4,948,839 | €4,256,326 | -€692,513 | -14.0% |
| Stocks and contracts in progress | 3 | €593,594 | €689,818 | +€96,225 | +16.2% |
| Stocks | 30/36 | €510,915 | €549,009 | +€38,095 | +7.5% |
| Goods purchased for resale | 34 | - | €549,009 | +€549,009 | |
| Contracts in progress | 37 | €82,679 | €140,809 | +€58,130 | +70.3% |
| Amounts receivable within one year | 40/41 | €1,689,619 | €2,994,916 | +€1.3m | +77.3% |
| Trade receivables | 40 | €1,530,736 | €1,641,654 | +€110,918 | +7.2% |
| Other amounts receivable | 41 | €158,883 | €1,353,262 | +€1.2m | +751.7% |
| Current investments | 50/53 | €2,000,000 | €0 | -€2.0m | -100.0% |
| Other investments | 51/53 | - | €0 | = | |
| Cash at bank and in hand | 54/58 | €629,128 | €533,150 | -€95,979 | -15.3% |
| Deferred charges and accrued income | 490/1 | €36,498 | €38,442 | +€1,944 | +5.3% |
| Total equity and liabilities | 10/49 | €6,527,765 | €4,801,991 | -€1.7m | -26.4% |
| Equity | 10/15 | €2,747,861 | €1,242,275 | -€1.5m | -54.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €2,729,261 | €1,223,675 | -€1.5m | -55.2% |
| Tax-exempt reserves | 132 | €181,915 | €181,915 | = | 0.0% |
| Distributable reserves | 133 | €2,547,346 | €1,041,760 | -€1.5m | -59.1% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €3,779,904 | €3,559,716 | -€220,188 | -5.8% |
| Amounts payable after more than one year | 17 | €109,941 | €128,850 | +€18,909 | +17.2% |
| Financial debts | 170/4 | €109,941 | €128,850 | +€18,909 | +17.2% |
| Credit institutions | 173 | - | €128,850 | +€128,850 | |
| Amounts payable within one year | 42/48 | €3,662,352 | €3,415,778 | -€246,574 | -6.7% |
| Current portion of amounts payable after more than one year | 42 | €36,489 | €56,236 | +€19,747 | +54.1% |
| Financial debts | 43 | €75,951 | €84,113 | +€8,162 | +10.7% |
| Credit institutions | 430/8 | €75,951 | €84,113 | +€8,162 | +10.7% |
| Trade debts | 44 | €549,053 | €792,538 | +€243,485 | +44.3% |
| Suppliers | 440/4 | €549,053 | €792,538 | +€243,485 | +44.3% |
| Advances received on contracts in progress | 46 | €85,367 | €143,388 | +€58,021 | +68.0% |
| Taxes, remuneration and social security | 45 | €280,992 | €136,503 | -€144,488 | -51.4% |
| Taxes | 450/3 | €198,084 | €44,473 | -€153,611 | -77.5% |
| Remuneration and social security | 454/9 | €82,907 | €92,030 | +€9,123 | +11.0% |
| Other amounts payable | 47/48 | €2,634,500 | €2,203,000 | -€431,500 | -16.4% |
| Accrued charges and deferred income | 492/3 | €7,611 | €15,087 | +€7,476 | +98.2% |
| Operating income | 70/76A | - | €8,005,657 | +€8.0m | |
| Turnover | 70 | - | €7,889,056 | +€7.9m | |
| Change in stocks of work in progress, finished goods and contracts in progress | 71 | - | €58,130 | +€58,130 | |
| Other operating income | 74 | - | €58,471 | +€58,471 | |
| Non-recurring operating income | 76A | €24,838 | €0 | -€24,838 | -100.0% |
| Operating charges | 60/66A | - | €7,178,245 | +€7.2m | |
| Goods for resale, raw materials and consumables | 60 | - | €4,357,820 | +€4.4m | |
| Purchases | 600/8 | - | €4,405,845 | +€4.4m | |
| Change in stocks: decrease (increase) | 609 | - | -€48,025 | -€48,025 | |
| Services and other goods | 61 | - | €1,268,731 | +€1.3m | |
| Remuneration, social security and pensions | 62 | €1,156,519 | €1,398,293 | +€241,774 | +20.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €116,547 | €135,062 | +€18,515 | +15.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €1,229 | €1,254 | +€25 | +2.1% |
| Other operating charges | 640/8 | €19,149 | €17,085 | -€2,064 | -10.8% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €2,438,730 | - | -€2.4m | |
| Operating profit (loss) | 9901 | €1,145,286 | €827,412 | -€317,874 | -27.8% |
| Financial income | 75/76B | €123,557 | €59,427 | -€64,130 | -51.9% |
| Recurring financial income | 75 | €123,557 | €59,427 | -€64,130 | -51.9% |
| Income from current assets | 751 | - | €58,357 | +€58,357 | |
| Other financial income | 752/9 | - | €1,070 | +€1,070 | |
| Financial charges | 65/66B | €18,857 | €20,745 | +€1,888 | +10.0% |
| Recurring financial charges | 65 | €18,857 | €20,745 | +€1,888 | +10.0% |
| Debt charges | 650 | - | €8,555 | +€8,555 | |
| Other financial charges | 652/9 | - | €12,191 | +€12,191 | |
| Profit (loss) for the period before taxes | 9903 | €1,249,986 | €866,094 | -€383,892 | -30.7% |
| Income taxes | 67/77 | €280,857 | €171,679 | -€109,178 | -38.9% |
| Taxes | 670/3 | - | €171,679 | +€171,679 | |
| Profit (loss) for the period | 9904 | €969,128 | €694,414 | -€274,714 | -28.3% |
| Profit (loss) for the period to be appropriated | 9905 | €969,128 | €694,414 | -€274,714 | -28.3% |
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 30 September 2026 via checked.be.