DEDECOM: 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.
DEDECOM
Largest movements
- Cash +€50,004
up €50,004 (+1,072%), from €4,665 to €54,669
mainly Net result for the year (+€47,779) and Depreciation (+€41,864)
- Tangible fixed assets -€40,836
down €40,836 (-8.9%), from €457,224 to €416,388
of which Leasing and similar rights: -€20,628
- Receivables within one year -€16,424
down €16,424 (-98.2%), from €16,721 to €297
of which Trade receivables: -€16,335
- Reserves +€47,779
up €47,779 (+31.8%), from €150,292 to €198,070
of which Distributable reserves: +€47,779
- Current portion of long-term debt -€36,015
down €36,015 (-66.5%), from €54,173 to €18,158
- Debts after one year -€18,158
down €18,158 (-100%), from €18,158 to €0
- Other debts -€8,855
down €8,855 (-5.5%), from €162,301 to €153,446
- Tax, wage and social debts +€8,617
up €8,617 (+72.7%), from €11,857 to €20,475
- Gross operating margin +€30,812
up €30,812 (+29.6%), from €103,965 to €134,777
- Taxes -€5,977
down €5,977 (-19.1%), from €31,213 to €25,236
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 | €481,501 | €471,650 | -€9,851 | -2.0% |
| Fixed assets | 21/28 | €457,224 | €416,388 | -€40,836 | -8.9% |
| Tangible fixed assets | 22/27 | €457,224 | €416,388 | -€40,836 | -8.9% |
| Land and buildings | 22 | €54,500 | €54,500 | = | 0.0% |
| Plant, machinery and equipment | 23 | €5,625 | €4,410 | -€1,215 | -21.6% |
| Furniture and vehicles | 24 | €17,290 | €13,238 | -€4,052 | -23.4% |
| Leasing and similar rights | 25 | €47,701 | €27,073 | -€20,628 | -43.2% |
| Other tangible fixed assets | 26 | €332,108 | €317,166 | -€14,941 | -4.5% |
| Current assets | 29/58 | €24,276 | €55,262 | +€30,985 | +128% |
| Amounts receivable within one year | 40/41 | €16,721 | €297 | -€16,424 | -98.2% |
| Trade receivables | 40 | €16,335 | €0 | -€16,335 | -100% |
| Other amounts receivable | 41 | €386 | €297 | -€89 | -23.1% |
| Cash at bank and in hand | 54/58 | €4,665 | €54,669 | +€50,004 | +1,072% |
| Deferred charges and accrued income | 490/1 | €2,890 | €296 | -€2,594 | -89.8% |
| Total equity and liabilities | 10/49 | €481,501 | €471,650 | -€9,851 | -2.0% |
| Equity | 10/15 | €231,492 | €279,270 | +€47,779 | +20.6% |
| Contributions | 10/11 | €81,200 | €81,200 | = | 0.0% |
| Reserves | 13 | €150,292 | €198,070 | +€47,779 | +31.8% |
| Tax-exempt reserves | 132 | €0 | - | = | |
| Distributable reserves | 133 | €150,292 | €198,070 | +€47,779 | +31.8% |
| Provisions and deferred taxes | 16 | €0 | - | = | |
| Deferred taxes | 168 | €0 | - | = | |
| Amounts payable | 17/49 | €250,009 | €192,380 | -€57,629 | -23.1% |
| Amounts payable after more than one year | 17 | €18,158 | €0 | -€18,158 | -100% |
| Financial debts | 170/4 | €18,158 | €0 | -€18,158 | -100% |
| Amounts payable within one year | 42/48 | €231,851 | €192,380 | -€39,471 | -17.0% |
| Current portion of amounts payable after more than one year | 42 | €54,173 | €18,158 | -€36,015 | -66.5% |
| Trade debts | 44 | €3,519 | €301 | -€3,218 | -91.5% |
| Suppliers | 440/4 | €3,519 | €301 | -€3,218 | -91.5% |
| Taxes, remuneration and social security | 45 | €11,857 | €20,475 | +€8,617 | +72.7% |
| Taxes | 450/3 | €11,857 | €20,475 | +€8,617 | +72.7% |
| Other amounts payable | 47/48 | €162,301 | €153,446 | -€8,855 | -5.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €41,934 | €41,864 | -€70 | -0.2% |
| Other operating charges | 640/8 | €7,172 | €7,273 | +€101 | +1.4% |
| Gross operating margin | 9900 | €103,965 | €134,777 | +€30,812 | +29.6% |
| Operating profit (loss) | 9901 | €54,859 | €85,640 | +€30,781 | +56.1% |
| Financial income | 75/76B | €122 | €0 | -€122 | -100% |
| Recurring financial income | 75 | €122 | €0 | -€122 | -100% |
| Financial charges | 65/66B | €13,714 | €12,625 | -€1,088 | -7.9% |
| Recurring financial charges | 65 | €13,714 | €12,625 | -€1,088 | -7.9% |
| Profit (loss) for the period before taxes | 9903 | €41,268 | €73,015 | +€31,747 | +76.9% |
| Transfer from deferred taxes | 780 | €12,766 | €0 | -€12,766 | -100% |
| Income taxes | 67/77 | €31,213 | €25,236 | -€5,977 | -19.1% |
| Profit (loss) for the period | 9904 | €22,821 | €47,779 | +€24,958 | +109% |
| Transfer from tax-exempt reserves | 789 | €38,299 | €0 | -€38,299 | -100% |
| Profit (loss) for the period to be appropriated | 9905 | €61,120 | €47,779 | -€13,341 | -21.8% |
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 15 October 2026 via checked.be.