DEKAP: what changed
Two fiscal 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.
DEKAP
Largest movements
- Financial fixed assets -€400,000
down €400,000 (-84.0%), from €476,000 to €76,000
- Cash -€107,887
down €107,887 (-92.8%), from €116,203 to €8,316
mainly Net result for the year (-€430,980) and Other debts (-€18,595)
- Tangible fixed assets +€93,418
new in 2025: €93,418
of which Plant, machinery and equipment: +€49,014
- Receivables within one year -€27,500
down €27,500 (-59.9%), from €45,896 to €18,396
- Profit (loss) carried forward -€431,038
down €431,038 (-14.9%), from -€2.9m to -€3.3m
- Other debts -€18,595
down €18,595 (-99.0%), from €18,784 to €189
- Trade debts +€7,391
up €7,391 (+295.6%), from €2,500 to €9,891
- Financial charges +€399,769
up €399,769 (+173060.2%), from €231 to €400,000
of which Non-recurring financial charges: +€400,000
- Gross operating margin -€161,411
down €161,411, from €143,814 to -€17,597
- Purchases and services -€22,186
no longer reported in 2025 (was €22,186)
- Depreciation +€6,280
new in 2025: €6,280
- Provisions +€3,817
new in 2025: €3,817
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.
Cash bridge derived
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 | €638,099 | €196,130 | -€441,969 | -69.3% |
| Fixed assets | 21/28 | €476,000 | €169,418 | -€306,582 | -64.4% |
| Tangible fixed assets | 22/27 | - | €93,418 | +€93,418 | |
| Plant, machinery and equipment | 23 | - | €49,014 | +€49,014 | |
| Other tangible fixed assets | 26 | - | €44,404 | +€44,404 | |
| Financial fixed assets | 28 | €476,000 | €76,000 | -€400,000 | -84.0% |
| Current assets | 29/58 | €162,099 | €26,712 | -€135,387 | -83.5% |
| Amounts receivable within one year | 40/41 | €45,896 | €18,396 | -€27,500 | -59.9% |
| Other amounts receivable | 41 | €45,896 | €18,396 | -€27,500 | -59.9% |
| Cash at bank and in hand | 54/58 | €116,203 | €8,316 | -€107,887 | -92.8% |
| Total equity and liabilities | 10/49 | €638,099 | €196,130 | -€441,969 | -69.3% |
| Equity | 10/15 | €613,271 | €182,233 | -€431,038 | -70.3% |
| Contributions | 10/11 | €2,750,000 | €2,750,000 | = | 0.0% |
| Capital | 10 | - | €2,750,000 | +€2.8m | |
| Issued capital | 100 | - | €2,750,000 | +€2.8m | |
| Reserves | 13 | €765,000 | €765,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €275,000 | €275,000 | = | 0.0% |
| Legal reserve | 130 | - | €275,000 | +€275,000 | |
| Reserves not available under the articles | 1311 | €275,000 | - | -€275,000 | |
| Distributable reserves | 133 | €490,000 | €490,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,901,729 | -€3,332,767 | -€431,038 | -14.9% |
| Provisions and deferred taxes | 16 | - | €3,817 | +€3,817 | |
| Provisions for liabilities and charges | 160/5 | - | €3,817 | +€3,817 | |
| Environmental obligations | 163 | - | €3,817 | +€3,817 | |
| Amounts payable | 17/49 | €24,828 | €10,080 | -€14,748 | -59.4% |
| Amounts payable within one year | 42/48 | €24,828 | €10,080 | -€14,748 | -59.4% |
| Trade debts | 44 | €2,500 | €9,891 | +€7,391 | +295.6% |
| Suppliers | 440/4 | €2,500 | €9,891 | +€7,391 | +295.6% |
| Taxes, remuneration and social security | 45 | €3,544 | - | -€3,544 | |
| Taxes | 450/3 | €3,544 | - | -€3,544 | |
| Other amounts payable | 47/48 | €18,784 | €189 | -€18,595 | -99.0% |
| Non-recurring operating income | 76A | €166,000 | - | -€166,000 | |
| Goods, raw materials, services and sundry goods | 60/61 | €22,186 | - | -€22,186 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €6,280 | +€6,280 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €3,817 | +€3,817 | |
| Other operating charges | 640/8 | - | €3,565 | +€3,565 | |
| Non-recurring operating charges | 66A | €650,000 | - | -€650,000 | |
| Gross operating margin | 9900 | €143,814 | -€17,597 | -€161,411 | |
| Operating profit (loss) | 9901 | -€506,186 | -€31,259 | +€474,927 | +93.8% |
| Financial income | 75/76B | - | €279 | +€279 | |
| Recurring financial income | 75 | - | €279 | +€279 | |
| Financial charges | 65/66B | €231 | €400,000 | +€399,769 | +173060.2% |
| Recurring financial charges | 65 | €231 | €400,000 | +€399,769 | +173060.2% |
| Non-recurring financial charges | 66B | - | €400,000 | +€400,000 | |
| Profit (loss) for the period before taxes | 9903 | -€506,417 | -€430,980 | +€75,437 | +14.9% |
| Profit (loss) for the period | 9904 | -€506,417 | -€430,980 | +€75,437 | +14.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€506,417 | -€430,980 | +€75,437 | +14.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.