Dekabo: 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
Dekabo
NACE 43.130, Specialised construction activities
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€318,002
2024 · -€813,542+€1.1m
Equity
€1.0m
2024 · €747,390+€292,897
Cash
€499,759
2024 · €339,602+€160,157
Balance sheet total
€13.1m
2024 · €12.5m+€538,978
Largest movements
Assets
- Receivables within one year +€531,127
up €531,127 (+8.1%), from €6.5m to €7.1m
of which Other amounts receivable: +€466,012
- Tangible fixed assets -€220,550
down €220,550 (-8.0%), from €2.7m to €2.5m
of which Leasing and similar rights: -€208,580
- Cash +€160,157
up €160,157 (+47.2%), from €339,602 to €499,759
mainly Depreciation (+€1.6m) and Debts after one year (+€899,748)
- Intangible fixed assets -€158,607
down €158,607 (-18.6%), from €852,781 to €694,175
Equity and liabilities
- Other debts -€1.5m
down €1.5m (-51.2%), from €3.0m to €1.5m
- Debts after one year +€899,748
up €899,748 (+30.8%), from €2.9m to €3.8m
- Short-term financial debts +€641,336
up €641,336 (+128%), from €500,000 to €1.1m
- Profit (loss) carried forward +€319,326
new in 2025: €319,326
- Advances received +€204,172
new in 2025: €204,172
Income statement
- Turnover +€2.0m
up €2.0m (+14.2%), from €14.3m to €16.3m
- Services and other goods +€334,504
up €334,504 (+13.2%), from €2.5m to €2.9m
- Staff costs +€325,431
up €325,431 (+16.4%), from €2.0m to €2.3m
- Goods and materials +€276,229
up €276,229 (+3.1%), from €9.0m to €9.3m
of which Purchases: +€328,741
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
-€813,542
Turnover
+€2.0m
Other operating income
+€54,464
Goods and materials
-€276,229
Services and other goods
-€334,504
Staff costs
-€325,431
Depreciation
-€154,811
Write-downs
-€24,148
Provisions
-€7,529
Other operating charges
-€6,204
Other operating items
+€163,161
Financial income
+€6,043
Financial charges
-€11,172
Taxes
+€4,195
Deferred taxes and other
+€8,006
Result 2025
€318,002
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
-€24,118
Investment
-€1.2m
Financing
+€1.4m
Cash 2024
€339,602
From operations (derived)
-€24,118
Net result for the year
+€318,002
Depreciation
+€1.6m
Stocks and contracts
-€128,774
Receivables within one year
-€531,127
Deferred charges and accrued income
-€98,077
Provisions
+€10,412
Trade debts
+€105,249
Tax, wage and social debts
+€40,623
Advances received
+€204,172
Other debts
-€1.5m
Accrued charges and deferred income
+€7,713
Investment (derived)
-€1.2m
Investment in fixed assets (net)
-€1.2m
Financing
+€1.4m
Debts after one year
+€899,748
Current portion of long-term debt
-€114,431
Short-term financial debts
+€641,336
Contributions, distributions and other
-€25,105
Cash 2025
€499,759
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €12,544,692 | €13,083,670 | +€538,978 | +4.3% |
| Fixed assets | 21/28 | €5,068,897 | €4,689,740 | -€379,157 | -7.5% |
| Intangible fixed assets | 21 | €852,781 | €694,175 | -€158,607 | -18.6% |
| Tangible fixed assets | 22/27 | €2,742,520 | €2,521,970 | -€220,550 | -8.0% |
| Plant, machinery and equipment | 23 | €513,560 | €540,142 | +€26,582 | +5.2% |
| Furniture and vehicles | 24 | €145,200 | €115,847 | -€29,353 | -20.2% |
| Leasing and similar rights | 25 | €2,009,209 | €1,800,629 | -€208,580 | -10.4% |
| Other tangible fixed assets | 26 | €74,551 | €65,352 | -€9,200 | -12.3% |
| Financial fixed assets | 28 | €1,473,596 | €1,473,596 | = | 0.0% |
| Affiliated companies | 280/1 | €1,400,062 | €1,400,062 | = | 0.0% |
| Participating interests | 280 | €62 | €62 | = | 0.0% |
| Amounts receivable | 281 | €1,400,000 | €1,400,000 | = | 0.0% |
| Other financial fixed assets | 284/8 | €73,534 | €73,534 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €73,534 | €73,534 | = | 0.0% |
| Current assets | 29/58 | €7,475,795 | €8,393,930 | +€918,135 | +12.3% |
| Stocks and contracts in progress | 3 | €505,437 | €634,211 | +€128,774 | +25.5% |
| Stocks | 30/36 | €505,437 | €634,211 | +€128,774 | +25.5% |
| Raw materials and consumables | 30/31 | €505,437 | €634,211 | +€128,774 | +25.5% |
| Amounts receivable within one year | 40/41 | €6,520,497 | €7,051,625 | +€531,127 | +8.1% |
| Trade receivables | 40 | €5,487,880 | €5,552,996 | +€65,115 | +1.2% |
| Other amounts receivable | 41 | €1,032,617 | €1,498,629 | +€466,012 | +45.1% |
| Cash at bank and in hand | 54/58 | €339,602 | €499,759 | +€160,157 | +47.2% |
| Deferred charges and accrued income | 490/1 | €110,258 | €208,335 | +€98,077 | +89.0% |
| Total equity and liabilities | 10/49 | €12,544,692 | €13,083,670 | +€538,978 | +4.3% |
| Equity | 10/15 | €747,390 | €1,040,286 | +€292,897 | +39.2% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €728,798 | €702,368 | -€26,429 | -3.6% |
| Tax-exempt reserves | 132 | €148,486 | €122,056 | -€26,429 | -17.8% |
| Distributable reserves | 133 | €580,312 | €580,312 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €319,326 | +€319,326 | |
| Provisions and deferred taxes | 16 | €86,820 | €97,233 | +€10,412 | +12.0% |
| Provisions for liabilities and charges | 160/5 | €43,575 | €62,797 | +€19,222 | +44.1% |
| Other liabilities and charges | 164/5 | €43,575 | €62,797 | +€19,222 | +44.1% |
| Deferred taxes | 168 | €43,245 | €34,435 | -€8,810 | -20.4% |
| Amounts payable | 17/49 | €11,710,482 | €11,946,151 | +€235,669 | +2.0% |
| Amounts payable after more than one year | 17 | €2,920,743 | €3,820,491 | +€899,748 | +30.8% |
| Financial debts | 170/4 | €2,920,743 | €3,820,491 | +€899,748 | +30.8% |
| Subordinated loans | 170 | €999,998 | €2,526,271 | +€1.5m | +153% |
| Leasing and similar obligations | 172 | €1,440,839 | €1,219,831 | -€221,008 | -15.3% |
| Credit institutions | 173 | €479,906 | €74,389 | -€405,517 | -84.5% |
| Amounts payable within one year | 42/48 | €8,789,739 | €8,117,947 | -€671,792 | -7.6% |
| Current portion of amounts payable after more than one year | 42 | €1,296,399 | €1,181,968 | -€114,431 | -8.8% |
| Financial debts | 43 | €500,000 | €1,141,336 | +€641,336 | +128% |
| Credit institutions | 430/8 | €500,000 | €1,141,336 | +€641,336 | +128% |
| Trade debts | 44 | €3,668,130 | €3,773,380 | +€105,249 | +2.9% |
| Suppliers | 440/4 | €3,668,130 | €3,773,380 | +€105,249 | +2.9% |
| Advances received on contracts in progress | 46 | - | €204,172 | +€204,172 | |
| Taxes, remuneration and social security | 45 | €300,743 | €341,366 | +€40,623 | +13.5% |
| Taxes | 450/3 | €30,828 | €25,910 | -€4,917 | -16.0% |
| Remuneration and social security | 454/9 | €269,916 | €315,456 | +€45,540 | +16.9% |
| Other amounts payable | 47/48 | €3,024,467 | €1,475,725 | -€1.5m | -51.2% |
| Accrued charges and deferred income | 492/3 | - | €7,713 | +€7,713 | |
| Operating income | 70/76A | €14,434,709 | €16,692,990 | +€2.3m | +15.6% |
| Turnover | 70 | €14,301,747 | €16,337,451 | +€2.0m | +14.2% |
| Other operating income | 74 | €109,100 | €163,564 | +€54,464 | +49.9% |
| Non-recurring operating income | 76A | €23,862 | €191,975 | +€168,113 | +705% |
| Operating charges | 60/66A | €15,094,748 | €16,228,557 | +€1.1m | +7.5% |
| Goods for resale, raw materials and consumables | 60 | €9,014,997 | €9,291,226 | +€276,229 | +3.1% |
| Purchases | 600/8 | €9,091,259 | €9,420,000 | +€328,741 | +3.6% |
| Change in stocks: decrease (increase) | 609 | -€76,262 | -€128,774 | -€52,512 | -68.9% |
| Services and other goods | 61 | €2,541,090 | €2,875,594 | +€334,504 | +13.2% |
| Remuneration, social security and pensions | 62 | €1,979,926 | €2,305,357 | +€325,431 | +16.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,441,619 | €1,596,431 | +€154,811 | +10.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €24,148 | +€24,148 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €11,693 | €19,222 | +€7,529 | +64.4% |
| Other operating charges | 640/8 | €104,311 | €110,516 | +€6,204 | +5.9% |
| Non-recurring operating charges | 66A | €1,111 | €6,064 | +€4,952 | +446% |
| Operating profit (loss) | 9901 | -€660,039 | €464,433 | +€1.1m | |
| Financial income | 75/76B | €42,161 | €48,204 | +€6,043 | +14.3% |
| Recurring financial income | 75 | €42,161 | €48,204 | +€6,043 | +14.3% |
| Income from financial fixed assets | 750 | €13,300 | €13,300 | = | 0.0% |
| Income from current assets | 751 | €18,630 | €25,130 | +€6,500 | +34.9% |
| Other financial income | 752/9 | €10,231 | €9,774 | -€458 | -4.5% |
| Financial charges | 65/66B | €188,008 | €199,180 | +€11,172 | +5.9% |
| Recurring financial charges | 65 | €188,008 | €199,180 | +€11,172 | +5.9% |
| Debt charges | 650 | €164,710 | €190,714 | +€26,004 | +15.8% |
| Other financial charges | 652/9 | €23,298 | €8,465 | -€14,833 | -63.7% |
| Profit (loss) for the period before taxes | 9903 | -€805,886 | €313,457 | +€1.1m | |
| Transfer from deferred taxes | 780 | €804 | €8,810 | +€8,006 | +996% |
| Income taxes | 67/77 | €8,461 | €4,265 | -€4,195 | -49.6% |
| Taxes | 670/3 | €8,461 | €4,265 | -€4,195 | -49.6% |
| Profit (loss) for the period | 9904 | -€813,542 | €318,002 | +€1.1m | |
| Transfer from tax-exempt reserves | 789 | €2,412 | €26,429 | +€24,018 | +996% |
| Profit (loss) for the period to be appropriated | 9905 | -€811,131 | €344,431 | +€1.2m |
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 13 October 2026 via checked.be.