DEKASA: 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.
DEKASA
Largest movements
- Receivables within one year -€78,171
down €78,171 (-27.8%), from €281,064 to €202,892
of which Trade receivables: -€81,886
- Cash -€21,984
down €21,984 (-100%), from €21,984 to €0
mainly Debts after one year (-€89,167) and Investment in fixed assets (net) (-€51,170)
- Debts after one year -€89,167
down €89,167 (-21.3%), from €417,778 to €328,611
- Other debts -€46,471
down €46,471 (-43.3%), from €107,266 to €60,795
- Trade debts +€28,645
up €28,645 (+74.9%), from €38,231 to €66,876
- Gross operating margin -€86,596
down €86,596 (-47.5%), from €182,331 to €95,735
- Taxes -€11,285
down €11,285 (-100%), from €11,285 to €0
- Other operating charges +€6,796
up €6,796 (+37.7%), from €18,021 to €24,817
- Financial charges -€4,284
down €4,284 (-15.7%), from €27,225 to €22,941
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 | €1,757,087 | €1,648,998 | -€108,089 | -6.2% |
| Fixed assets | 21/28 | €1,451,908 | €1,442,537 | -€9,371 | -0.6% |
| Tangible fixed assets | 22/27 | €1,447,933 | €1,438,562 | -€9,371 | -0.6% |
| Land and buildings | 22 | €1,447,933 | €1,438,562 | -€9,371 | -0.6% |
| Financial fixed assets | 28 | €3,975 | €3,975 | = | 0.0% |
| Current assets | 29/58 | €305,179 | €206,461 | -€98,718 | -32.3% |
| Amounts receivable within one year | 40/41 | €281,064 | €202,892 | -€78,171 | -27.8% |
| Trade receivables | 40 | €94,293 | €12,407 | -€81,886 | -86.8% |
| Other amounts receivable | 41 | €186,770 | €190,485 | +€3,715 | +2.0% |
| Cash at bank and in hand | 54/58 | €21,984 | €0 | -€21,984 | -100% |
| Deferred charges and accrued income | 490/1 | €2,132 | €3,569 | +€1,437 | +67.4% |
| Total equity and liabilities | 10/49 | €1,757,087 | €1,648,998 | -€108,089 | -6.2% |
| Equity | 10/15 | €1,061,417 | €1,052,609 | -€8,808 | -0.8% |
| Contributions | 10/11 | €970,000 | €970,000 | = | 0.0% |
| Reserves | 13 | €2,600 | €2,600 | = | 0.0% |
| Distributable reserves | 133 | €2,600 | €2,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €88,817 | €80,009 | -€8,808 | -9.9% |
| Amounts payable | 17/49 | €695,670 | €596,389 | -€99,281 | -14.3% |
| Amounts payable after more than one year | 17 | €417,778 | €328,611 | -€89,167 | -21.3% |
| Financial debts | 170/4 | €417,778 | €328,611 | -€89,167 | -21.3% |
| Amounts payable within one year | 42/48 | €276,783 | €262,116 | -€14,667 | -5.3% |
| Current portion of amounts payable after more than one year | 42 | €120,000 | €134,444 | +€14,444 | +12.0% |
| Trade debts | 44 | €38,231 | €66,876 | +€28,645 | +74.9% |
| Suppliers | 440/4 | €38,231 | €66,876 | +€28,645 | +74.9% |
| Taxes, remuneration and social security | 45 | €11,285 | €0 | -€11,285 | -100% |
| Taxes | 450/3 | €11,285 | €0 | -€11,285 | -100% |
| Other amounts payable | 47/48 | €107,266 | €60,795 | -€46,471 | -43.3% |
| Accrued charges and deferred income | 492/3 | €1,109 | €5,662 | +€4,552 | +410% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €61,090 | €60,541 | -€550 | -0.9% |
| Other operating charges | 640/8 | €18,021 | €24,817 | +€6,796 | +37.7% |
| Gross operating margin | 9900 | €182,331 | €95,735 | -€86,596 | -47.5% |
| Operating profit (loss) | 9901 | €103,220 | €10,378 | -€92,842 | -89.9% |
| Financial income | 75/76B | €3,901 | €3,755 | -€146 | -3.7% |
| Recurring financial income | 75 | €3,901 | €3,755 | -€146 | -3.7% |
| Financial charges | 65/66B | €27,225 | €22,941 | -€4,284 | -15.7% |
| Recurring financial charges | 65 | €27,225 | €22,941 | -€4,284 | -15.7% |
| Profit (loss) for the period before taxes | 9903 | €79,896 | -€8,808 | -€88,704 | |
| Income taxes | 67/77 | €11,285 | €0 | -€11,285 | -100% |
| Profit (loss) for the period | 9904 | €68,611 | -€8,808 | -€77,419 | |
| Profit (loss) for the period to be appropriated | 9905 | €68,611 | -€8,808 | -€77,419 |
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 19 October 2026 via checked.be.