DECUBE CONSULT: 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.
What changed
DECUBE CONSULT
NACE 71.121, Engineering and related technical consultancy, excluding land surveyors
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€297,046
2024 · €67,805+€229,241
Equity
€620,031
2024 · €360,519+€259,512
Cash
€87,885
2024 · €197,117-€109,232
Balance sheet total
€1.5m
2024 · €1.1m+€453,327
Largest movements
Assets
- Receivables within one year +€521,435
up €521,435 (+97.8%), from €532,995 to €1.1m
of which Trade receivables: +€358,952
- Cash -€109,232
down €109,232 (-55.4%), from €197,117 to €87,885
mainly Receivables within one year (-€521,435) and Other debts (-€216,750)
- Deferred charges and accrued income +€41,179
up €41,179 (+54.9%), from €74,969 to €116,148
- Stocks and contracts -€28,682
down €28,682 (-12.1%), from €237,527 to €208,845
- Financial fixed assets +€21,518
up €21,518 (+861%), from €2,500 to €24,018
of which Affiliated companies: +€21,518
Equity and liabilities
- Profit (loss) carried forward +€259,512
up €259,512 (+73.4%), from €353,699 to €613,211
- Other debts -€216,750
down €216,750 (-79.7%), from €271,819 to €55,069
- Tax, wage and social debts +€171,830
up €171,830 (+218%), from €78,813 to €250,643
of which Taxes: +€129,802
- Trade debts +€150,947
up €150,947 (+57.5%), from €262,650 to €413,597
- Advances received +€86,936
up €86,936 (+1,241%), from €7,006 to €93,942
Income statement
- Turnover +€940,730
up €940,730 (+53.5%), from €1.8m to €2.7m
- Staff costs +€258,262
up €258,262 (+122%), from €211,173 to €469,435
- Services and other goods +€218,783
up €218,783 (+14.7%), from €1.5m to €1.7m
- Taxes +€85,557
up €85,557 (+266%), from €32,157 to €117,714
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.
Result 2024
€67,805
Turnover
+€940,730
Other operating income
+€22,918
Services and other goods
-€218,783
Staff costs
-€258,262
Depreciation
-€1,924
Other operating charges
+€101
Other operating items
-€170,265
Financial income
-€1,137
Financial charges
+€1,420
Taxes
-€85,557
Result 2025
€297,046
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€15,131
Investment
-€58,084
Financing
-€66,279
Cash 2024
€197,117
From operations (derived)
+€15,131
Net result for the year
+€297,046
Depreciation
+€29,457
Stocks and contracts
+€28,682
Receivables within one year
-€521,435
Deferred charges and accrued income
-€41,179
Trade debts
+€150,947
Tax, wage and social debts
+€171,830
Advances received
+€86,936
Other debts
-€216,750
Accrued charges and deferred income
+€29,597
Investment (derived)
-€58,084
Investment in fixed assets (net)
-€58,084
Financing
-€66,279
Debts after one year
-€611
Current portion of long-term debt
+€6,131
Short-term financial debts
-€34,265
Contributions, distributions and other
-€37,534
Cash 2025
€87,885
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,088,319 | €1,541,646 | +€453,327 | +41.7% |
| Fixed assets | 21/28 | €45,711 | €74,338 | +€28,627 | +62.6% |
| Intangible fixed assets | 21 | €7,970 | €4,098 | -€3,872 | -48.6% |
| Tangible fixed assets | 22/27 | €35,241 | €46,222 | +€10,981 | +31.2% |
| Plant, machinery and equipment | 23 | €3,822 | €2,669 | -€1,153 | -30.2% |
| Furniture and vehicles | 24 | €31,419 | €18,985 | -€12,434 | -39.6% |
| Leasing and similar rights | 25 | €0 | €24,568 | +€24,568 | |
| Financial fixed assets | 28 | €2,500 | €24,018 | +€21,518 | +861% |
| Affiliated companies | 280/1 | - | €21,518 | +€21,518 | |
| Participating interests | 280 | - | €21,518 | +€21,518 | |
| Companies linked by participating interests | 282/3 | €2,500 | €2,500 | = | 0.0% |
| Participating interests | 282 | €2,500 | €2,500 | = | 0.0% |
| Current assets | 29/58 | €1,042,608 | €1,467,308 | +€424,700 | +40.7% |
| Stocks and contracts in progress | 3 | €237,527 | €208,845 | -€28,682 | -12.1% |
| Contracts in progress | 37 | €237,527 | €208,845 | -€28,682 | -12.1% |
| Amounts receivable within one year | 40/41 | €532,995 | €1,054,430 | +€521,435 | +97.8% |
| Trade receivables | 40 | €523,945 | €882,897 | +€358,952 | +68.5% |
| Other amounts receivable | 41 | €9,050 | €171,533 | +€162,483 | +1,795% |
| Cash at bank and in hand | 54/58 | €197,117 | €87,885 | -€109,232 | -55.4% |
| Deferred charges and accrued income | 490/1 | €74,969 | €116,148 | +€41,179 | +54.9% |
| Total equity and liabilities | 10/49 | €1,088,319 | €1,541,646 | +€453,327 | +41.7% |
| Equity | 10/15 | €360,519 | €620,031 | +€259,512 | +72.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €620 | €620 | = | 0.0% |
| Non-distributable reserves | 130/1 | €620 | €620 | = | 0.0% |
| Reserves not available under the articles | 1311 | €620 | €620 | = | 0.0% |
| Profit (loss) carried forward | 14 | €353,699 | €613,211 | +€259,512 | +73.4% |
| Provisions and deferred taxes | 16 | €0 | - | = | |
| Provisions for liabilities and charges | 160/5 | €0 | - | = | |
| Taxes | 161 | €0 | - | = | |
| Amounts payable | 17/49 | €727,800 | €921,615 | +€193,815 | +26.6% |
| Amounts payable after more than one year | 17 | €18,504 | €17,893 | -€611 | -3.3% |
| Financial debts | 170/4 | €18,504 | €17,893 | -€611 | -3.3% |
| Leasing and similar obligations | 172 | €13,415 | €16,853 | +€3,438 | +25.6% |
| Credit institutions | 173 | €5,089 | €1,040 | -€4,049 | -79.6% |
| Amounts payable within one year | 42/48 | €708,848 | €873,677 | +€164,829 | +23.3% |
| Current portion of amounts payable after more than one year | 42 | €14,955 | €21,086 | +€6,131 | +41.0% |
| Financial debts | 43 | €73,605 | €39,340 | -€34,265 | -46.6% |
| Other loans | 439 | €73,605 | €39,340 | -€34,265 | -46.6% |
| Trade debts | 44 | €262,650 | €413,597 | +€150,947 | +57.5% |
| Suppliers | 440/4 | €262,650 | €413,597 | +€150,947 | +57.5% |
| Advances received on contracts in progress | 46 | €7,006 | €93,942 | +€86,936 | +1,241% |
| Taxes, remuneration and social security | 45 | €78,813 | €250,643 | +€171,830 | +218% |
| Taxes | 450/3 | €43,516 | €173,318 | +€129,802 | +298% |
| Remuneration and social security | 454/9 | €35,297 | €77,325 | +€42,028 | +119% |
| Other amounts payable | 47/48 | €271,819 | €55,069 | -€216,750 | -79.7% |
| Accrued charges and deferred income | 492/3 | €448 | €30,045 | +€29,597 | +6,606% |
| Operating income | 70/76A | €1,847,516 | €2,640,899 | +€793,383 | +42.9% |
| Turnover | 70 | €1,759,155 | €2,699,885 | +€940,730 | +53.5% |
| Change in stocks of work in progress, finished goods and contracts in progress | 71 | €54,647 | -€115,618 | -€170,265 | |
| Other operating income | 74 | €33,714 | €56,632 | +€22,918 | +68.0% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Operating charges | 60/66A | €1,729,316 | €2,208,184 | +€478,868 | +27.7% |
| Services and other goods | 61 | €1,486,440 | €1,705,223 | +€218,783 | +14.7% |
| Remuneration, social security and pensions | 62 | €211,173 | €469,435 | +€258,262 | +122% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,533 | €29,457 | +€1,924 | +7.0% |
| Other operating charges | 640/8 | €4,170 | €4,069 | -€101 | -2.4% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Operating profit (loss) | 9901 | €118,200 | €432,715 | +€314,515 | +266% |
| Financial income | 75/76B | €2,310 | €1,173 | -€1,137 | -49.2% |
| Recurring financial income | 75 | €2,310 | €1,173 | -€1,137 | -49.2% |
| Income from current assets | 751 | €477 | €0 | -€477 | -100% |
| Other financial income | 752/9 | €1,833 | €1,173 | -€660 | -36.0% |
| Financial charges | 65/66B | €20,548 | €19,128 | -€1,420 | -6.9% |
| Recurring financial charges | 65 | €20,548 | €19,128 | -€1,420 | -6.9% |
| Debt charges | 650 | €8,602 | €9,592 | +€990 | +11.5% |
| Other financial charges | 652/9 | €11,946 | €9,536 | -€2,410 | -20.2% |
| Profit (loss) for the period before taxes | 9903 | €99,962 | €414,760 | +€314,798 | +315% |
| Income taxes | 67/77 | €32,157 | €117,714 | +€85,557 | +266% |
| Taxes | 670/3 | €32,157 | €117,714 | +€85,557 | +266% |
| Profit (loss) for the period | 9904 | €67,805 | €297,046 | +€229,241 | +338% |
| Profit (loss) for the period to be appropriated | 9905 | €67,805 | €297,046 | +€229,241 | +338% |
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 23 October 2026 via checked.be.