DECRAUW: 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.
DECRAUW
Largest movements
- Tangible fixed assets -€18,888
down €18,888 (-24.9%), from €75,861 to €56,974
of which Land and buildings: -€23,040
- Stocks and contracts +€17,948
new in 2024: €17,948
- Cash +€4,734
new in 2024: €4,734
mainly Other debts (+€81,530) and Depreciation (+€26,035)
- Deferred charges and accrued income +€4,326
up €4,326 (+266.9%), from €1,621 to €5,947
- Receivables within one year -€1,280
down €1,280 (-13.9%), from €9,203 to €7,922
of which Other amounts receivable: -€813
- Other debts +€81,530
up €81,530 (+1671.0%), from €4,879 to €86,409
- Short-term financial debts -€46,221
down €46,221 (-98.8%), from €46,777 to €557
- Profit (loss) carried forward -€44,410
down €44,410 (-22.9%), from -€193,880 to -€238,290
- Contributions +€6,200
up €6,200 (+50.0%), from €12,400 to €18,600
- Tax, wage and social debts +€4,999
up €4,999 (+1132.6%), from €441 to €5,440
- Gross operating margin -€29,489
down €29,489, from €21,798 to -€7,691
- Depreciation +€1,537
up €1,537 (+6.3%), from €24,497 to €26,035
- Other operating charges +€1,451
up €1,451 (+55.8%), from €2,601 to €4,051
- Financial income +€632
up €632 (+345.7%), from €183 to €814
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €86,685 | €93,524 | +€6,839 | +7.9% |
| Fixed assets | 21/28 | €75,861 | €56,974 | -€18,888 | -24.9% |
| Tangible fixed assets | 22/27 | €75,861 | €56,974 | -€18,888 | -24.9% |
| Land and buildings | 22 | €71,976 | €48,936 | -€23,040 | -32.0% |
| Plant, machinery and equipment | 23 | €564 | €236 | -€328 | -58.1% |
| Furniture and vehicles | 24 | €2,729 | €7,358 | +€4,629 | +169.6% |
| Other tangible fixed assets | 26 | €593 | €443 | -€149 | -25.2% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €10,824 | €36,551 | +€25,727 | +237.7% |
| Stocks and contracts in progress | 3 | - | €17,948 | +€17,948 | |
| Stocks | 30/36 | - | €17,948 | +€17,948 | |
| Amounts receivable within one year | 40/41 | €9,203 | €7,922 | -€1,280 | -13.9% |
| Trade receivables | 40 | €8,389 | €7,922 | -€467 | -5.6% |
| Other amounts receivable | 41 | €813 | €0 | -€813 | -100.0% |
| Cash at bank and in hand | 54/58 | - | €4,734 | +€4,734 | |
| Deferred charges and accrued income | 490/1 | €1,621 | €5,947 | +€4,326 | +266.9% |
| Total equity and liabilities | 10/49 | €86,685 | €93,524 | +€6,839 | +7.9% |
| Equity | 10/15 | €30,380 | -€7,831 | -€38,210 | |
| Contributions | 10/11 | €12,400 | €18,600 | +€6,200 | +50.0% |
| Reserves | 13 | €211,859 | €211,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €0 | -€1,860 | -100.0% |
| Reserves not available under the articles | 1311 | €1,860 | €0 | -€1,860 | -100.0% |
| Distributable reserves | 133 | €209,999 | €211,859 | +€1,860 | +0.9% |
| Profit (loss) carried forward | 14 | -€193,880 | -€238,290 | -€44,410 | -22.9% |
| Amounts payable | 17/49 | €56,305 | €101,355 | +€45,050 | +80.0% |
| Amounts payable within one year | 42/48 | €55,512 | €97,528 | +€42,017 | +75.7% |
| Financial debts | 43 | €46,777 | €557 | -€46,221 | -98.8% |
| Credit institutions | 430/8 | €46,777 | €557 | -€46,221 | -98.8% |
| Trade debts | 44 | €2,705 | €4,608 | +€1,903 | +70.4% |
| Suppliers | 440/4 | €2,705 | €4,608 | +€1,903 | +70.4% |
| Advances received on contracts in progress | 46 | €709 | €515 | -€194 | -27.3% |
| Taxes, remuneration and social security | 45 | €441 | €5,440 | +€4,999 | +1132.6% |
| Taxes | 450/3 | €441 | €5,440 | +€4,999 | +1132.6% |
| Other amounts payable | 47/48 | €4,879 | €86,409 | +€81,530 | +1671.0% |
| Accrued charges and deferred income | 492/3 | €794 | €3,827 | +€3,033 | +382.1% |
| Non-recurring operating income | 76A | €671 | €0 | -€671 | -100.0% |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,497 | €26,035 | +€1,537 | +6.3% |
| Other operating charges | 640/8 | €2,601 | €4,051 | +€1,451 | +55.8% |
| Non-recurring operating charges | 66A | €512 | €282 | -€230 | -44.9% |
| Gross operating margin | 9900 | €21,798 | -€7,691 | -€29,489 | |
| Operating profit (loss) | 9901 | -€5,812 | -€38,059 | -€32,247 | -554.9% |
| Financial income | 75/76B | €183 | €814 | +€632 | +345.7% |
| Recurring financial income | 75 | €183 | €814 | +€632 | +345.7% |
| Financial charges | 65/66B | €6,773 | €6,952 | +€179 | +2.6% |
| Recurring financial charges | 65 | €6,773 | €6,952 | +€179 | +2.6% |
| Non-recurring financial charges | 66B | €0 | - | = | |
| Profit (loss) for the period before taxes | 9903 | -€12,402 | -€44,196 | -€31,794 | -256.4% |
| Income taxes | 67/77 | €0 | €177 | +€177 | |
| Profit (loss) for the period | 9904 | -€12,402 | -€44,374 | -€31,971 | -257.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€12,402 | -€44,374 | -€31,971 | -257.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.