Decroos Philip: 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.
Decroos Philip
Largest movements
- Deferred charges and accrued income -€13,110
down €13,110 (-82.5%), from €15,891 to €2,782
- Cash +€8,608
up €8,608 (+6.4%), from €134,375 to €142,983
mainly Net result for the year (+€36,183) and Deferred charges and accrued income (+€13,110)
- Receivables within one year -€4,712
down €4,712 (-52.2%), from €9,032 to €4,320
- Other debts -€20,169
down €20,169 (-45.5%), from €44,280 to €24,111
- Reserves +€10,803
up €10,803 (+8.1%), from €133,082 to €143,886
of which Distributable reserves: +€10,803
- Gross operating margin +€9,106
up €9,106 (+19.1%), from €47,739 to €56,845
- Taxes +€2,324
up €2,324 (+19.9%), from €11,678 to €14,002
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 | €190,117 | €179,350 | -€10,766 | -5.7% |
| Fixed assets | 21/28 | €30,819 | €29,266 | -€1,552 | -5.0% |
| Tangible fixed assets | 22/27 | €30,489 | €28,936 | -€1,552 | -5.1% |
| Land and buildings | 22 | €28,892 | €24,488 | -€4,404 | -15.2% |
| Plant, machinery and equipment | 23 | €909 | €390 | -€519 | -57.1% |
| Furniture and vehicles | 24 | €688 | €4,059 | +€3,371 | +490% |
| Financial fixed assets | 28 | €330 | €330 | = | 0.0% |
| Current assets | 29/58 | €159,298 | €150,084 | -€9,214 | -5.8% |
| Amounts receivable within one year | 40/41 | €9,032 | €4,320 | -€4,712 | -52.2% |
| Other amounts receivable | 41 | €9,032 | €4,320 | -€4,712 | -52.2% |
| Cash at bank and in hand | 54/58 | €134,375 | €142,983 | +€8,608 | +6.4% |
| Deferred charges and accrued income | 490/1 | €15,891 | €2,782 | -€13,110 | -82.5% |
| Total equity and liabilities | 10/49 | €190,117 | €179,350 | -€10,766 | -5.7% |
| Equity | 10/15 | €139,282 | €150,086 | +€10,803 | +7.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €133,082 | €143,886 | +€10,803 | +8.1% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €131,222 | €142,026 | +€10,803 | +8.2% |
| Amounts payable | 17/49 | €50,834 | €29,265 | -€21,569 | -42.4% |
| Amounts payable within one year | 42/48 | €50,834 | €29,265 | -€21,569 | -42.4% |
| Trade debts | 44 | €1,565 | €1,087 | -€477 | -30.5% |
| Suppliers | 440/4 | €1,565 | €1,087 | -€477 | -30.5% |
| Taxes, remuneration and social security | 45 | €4,989 | €4,067 | -€923 | -18.5% |
| Taxes | 450/3 | €2,250 | €1,269 | -€981 | -43.6% |
| Remuneration and social security | 454/9 | €2,739 | €2,798 | +€58 | +2.1% |
| Other amounts payable | 47/48 | €44,280 | €24,111 | -€20,169 | -45.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,413 | €5,962 | +€549 | +10.1% |
| Other operating charges | 640/8 | €387 | €654 | +€266 | +68.8% |
| Gross operating margin | 9900 | €47,739 | €56,845 | +€9,106 | +19.1% |
| Operating profit (loss) | 9901 | €41,939 | €50,230 | +€8,291 | +19.8% |
| Financial income | 75/76B | €10 | €0 | -€10 | -98.9% |
| Recurring financial income | 75 | €10 | €0 | -€10 | -98.9% |
| Financial charges | 65/66B | €58 | €45 | -€13 | -22.6% |
| Recurring financial charges | 65 | €58 | €45 | -€13 | -22.6% |
| Profit (loss) for the period before taxes | 9903 | €41,891 | €50,185 | +€8,295 | +19.8% |
| Income taxes | 67/77 | €11,678 | €14,002 | +€2,324 | +19.9% |
| Profit (loss) for the period | 9904 | €30,212 | €36,183 | +€5,971 | +19.8% |
| Profit (loss) for the period to be appropriated | 9905 | €30,212 | €36,183 | +€5,971 | +19.8% |
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 16 October 2026 via checked.be.