DECURA PHAR: 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
DECURA PHAR
NACE 70.200, Business and other management consultancy
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€15,775
2024 · €59,913-€44,138
Equity
€453,454
2024 · €438,546+€14,908
Cash
€12,286
2024 · €8,714+€3,572
Balance sheet total
€1.4m
2024 · €1.4m-€33,173
Largest movements
Assets
- Receivables within one year -€34,382
down €34,382 (-13.3%), from €258,445 to €224,063
of which Other amounts receivable: -€36,030
Equity and liabilities
- Debts after one year -€43,234
down €43,234 (-5.6%), from €766,688 to €723,454
- Reserves +€14,908
up €14,908 (+3.4%), from €432,346 to €447,254
of which Distributable reserves: +€14,908
Income statement
- Gross operating margin -€50,974
down €50,974 (-52.8%), from €96,463 to €45,489
- Taxes -€10,824
down €10,824 (-68.9%), from €15,719 to €4,895
- Financial income -€3,925
down €3,925 (-31.3%), from €12,523 to €8,598
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
€59,913
Gross operating margin
-€50,974
Other operating charges
+€453
Other operating items
-€42
Financial income
-€3,925
Financial charges
-€474
Taxes
+€10,824
Result 2025
€15,775
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
+€47,650
Investment
€0
Financing
-€44,078
Cash 2024
€8,714
From operations (derived)
+€47,650
Net result for the year
+€15,775
Depreciation
+€2,922
Receivables within one year
+€34,382
Deferred charges and accrued income
-€559
Trade debts
+€629
Tax, wage and social debts
-€12,982
Other debts
+€6,209
Accrued charges and deferred income
+€1,274
Financing
-€44,078
Debts after one year
-€43,234
Current portion of long-term debt
+€24
Contributions, distributions and other
-€868
Cash 2025
€12,286
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,444,594 | €1,411,421 | -€33,173 | -2.3% |
| Fixed assets | 21/28 | €1,173,402 | €1,170,479 | -€2,922 | -0.2% |
| Tangible fixed assets | 22/27 | €7,402 | €4,479 | -€2,922 | -39.5% |
| Furniture and vehicles | 24 | €7,402 | €4,479 | -€2,922 | -39.5% |
| Financial fixed assets | 28 | €1,166,000 | €1,166,000 | = | 0.0% |
| Current assets | 29/58 | €271,192 | €240,942 | -€30,250 | -11.2% |
| Amounts receivable within one year | 40/41 | €258,445 | €224,063 | -€34,382 | -13.3% |
| Trade receivables | 40 | €862 | €2,510 | +€1,648 | +191% |
| Other amounts receivable | 41 | €257,583 | €221,553 | -€36,030 | -14.0% |
| Cash at bank and in hand | 54/58 | €8,714 | €12,286 | +€3,572 | +41.0% |
| Deferred charges and accrued income | 490/1 | €4,034 | €4,593 | +€559 | +13.9% |
| Total equity and liabilities | 10/49 | €1,444,594 | €1,411,421 | -€33,173 | -2.3% |
| Equity | 10/15 | €438,546 | €453,454 | +€14,908 | +3.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €432,346 | €447,254 | +€14,908 | +3.4% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €432,346 | €447,254 | +€14,908 | +3.4% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €1,006,048 | €957,967 | -€48,080 | -4.8% |
| Amounts payable after more than one year | 17 | €766,688 | €723,454 | -€43,234 | -5.6% |
| Financial debts | 170/4 | €766,688 | €723,454 | -€43,234 | -5.6% |
| Amounts payable within one year | 42/48 | €215,893 | €209,774 | -€6,120 | -2.8% |
| Current portion of amounts payable after more than one year | 42 | €46,543 | €46,568 | +€24 | +0.1% |
| Trade debts | 44 | €1,636 | €2,265 | +€629 | +38.4% |
| Suppliers | 440/4 | €1,636 | €2,265 | +€629 | +38.4% |
| Taxes, remuneration and social security | 45 | €24,143 | €11,162 | -€12,982 | -53.8% |
| Taxes | 450/3 | €24,143 | €11,162 | -€12,982 | -53.8% |
| Other amounts payable | 47/48 | €143,571 | €149,779 | +€6,209 | +4.3% |
| Accrued charges and deferred income | 492/3 | €23,466 | €24,740 | +€1,274 | +5.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,922 | €2,922 | = | 0.0% |
| Other operating charges | 640/8 | €1,685 | €1,233 | -€453 | -26.8% |
| Non-recurring operating charges | 66A | €137 | €180 | +€42 | +30.8% |
| Gross operating margin | 9900 | €96,463 | €45,489 | -€50,974 | -52.8% |
| Operating profit (loss) | 9901 | €91,718 | €41,154 | -€50,564 | -55.1% |
| Financial income | 75/76B | €12,523 | €8,598 | -€3,925 | -31.3% |
| Recurring financial income | 75 | €12,523 | €8,598 | -€3,925 | -31.3% |
| Financial charges | 65/66B | €28,609 | €29,082 | +€474 | +1.7% |
| Recurring financial charges | 65 | €28,609 | €29,082 | +€474 | +1.7% |
| Profit (loss) for the period before taxes | 9903 | €75,632 | €20,670 | -€54,962 | -72.7% |
| Income taxes | 67/77 | €15,719 | €4,895 | -€10,824 | -68.9% |
| Profit (loss) for the period | 9904 | €59,913 | €15,775 | -€44,138 | -73.7% |
| Profit (loss) for the period to be appropriated | 9905 | €59,913 | €15,775 | -€44,138 | -73.7% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.