DEKER: 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.
DEKER
Largest movements
- Tangible fixed assets -€15,706
down €15,706 (-3.4%), from €456,976 to €441,271
of which Land and buildings: -€11,816
- Cash -€9,756
down €9,756 (-13.3%), from €73,459 to €63,703
mainly Investment in fixed assets (net) (-€38,565) and Debts after one year (-€23,948)
- Debts after one year -€23,948
down €23,948 (-8.9%), from €268,458 to €244,511
- Profit (loss) carried forward -€14,098
down €14,098, from €125 to -€13,973
- Current portion of long-term debt +€7,966
up €7,966 (+18.6%), from €42,890 to €50,855
- Reserves -€6,000
down €6,000 (-4.8%), from €124,300 to €118,300
of which Distributable reserves: -€6,000
- Other debts +€5,570
up €5,570 (+110.4%), from €5,047 to €10,617
- Gross operating margin -€25,036
down €25,036 (-31.9%), from €78,391 to €53,355
- Depreciation +€8,481
up €8,481 (+18.2%), from €46,514 to €54,995
- Taxes -€5,131
down €5,131 (-97.5%), from €5,265 to €134
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 | €553,995 | €528,500 | -€25,496 | -4.6% |
| Fixed assets | 21/28 | €459,652 | €443,222 | -€16,430 | -3.6% |
| Intangible fixed assets | 21 | €2,621 | €1,897 | -€724 | -27.6% |
| Tangible fixed assets | 22/27 | €456,976 | €441,271 | -€15,706 | -3.4% |
| Land and buildings | 22 | €303,373 | €291,556 | -€11,816 | -3.9% |
| Plant, machinery and equipment | 23 | €18,090 | €10,925 | -€7,165 | -39.6% |
| Furniture and vehicles | 24 | €23,275 | €18,222 | -€5,053 | -21.7% |
| Leasing and similar rights | 25 | €112,239 | €120,567 | +€8,329 | +7.4% |
| Financial fixed assets | 28 | €55 | €55 | = | 0.0% |
| Current assets | 29/58 | €94,344 | €85,278 | -€9,066 | -9.6% |
| Stocks and contracts in progress | 3 | €0 | €3,000 | +€3,000 | |
| Stocks | 30/36 | €0 | €3,000 | +€3,000 | |
| Amounts receivable within one year | 40/41 | €11,647 | €12,868 | +€1,221 | +10.5% |
| Trade receivables | 40 | €10,812 | €11,911 | +€1,099 | +10.2% |
| Other amounts receivable | 41 | €835 | €957 | +€122 | +14.7% |
| Current investments | 50/53 | €124 | €124 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €73,459 | €63,703 | -€9,756 | -13.3% |
| Deferred charges and accrued income | 490/1 | €9,113 | €5,582 | -€3,531 | -38.7% |
| Total equity and liabilities | 10/49 | €553,995 | €528,500 | -€25,496 | -4.6% |
| Equity | 10/15 | €222,425 | €202,327 | -€20,098 | -9.0% |
| Contributions | 10/11 | €98,000 | €98,000 | = | 0.0% |
| Reserves | 13 | €124,300 | €118,300 | -€6,000 | -4.8% |
| Non-distributable reserves | 130/1 | €9,800 | €9,800 | = | 0.0% |
| Reserves not available under the articles | 1311 | €9,800 | €9,800 | = | 0.0% |
| Tax-exempt reserves | 132 | €11,000 | €11,000 | = | 0.0% |
| Distributable reserves | 133 | €103,500 | €97,500 | -€6,000 | -5.8% |
| Profit (loss) carried forward | 14 | €125 | -€13,973 | -€14,098 | |
| Amounts payable | 17/49 | €331,570 | €326,173 | -€5,398 | -1.6% |
| Amounts payable after more than one year | 17 | €268,458 | €244,511 | -€23,948 | -8.9% |
| Financial debts | 170/4 | €268,458 | €244,511 | -€23,948 | -8.9% |
| Amounts payable within one year | 42/48 | €62,370 | €79,400 | +€17,030 | +27.3% |
| Current portion of amounts payable after more than one year | 42 | €42,890 | €50,855 | +€7,966 | +18.6% |
| Trade debts | 44 | €7,376 | €7,868 | +€492 | +6.7% |
| Suppliers | 440/4 | €7,376 | €7,868 | +€492 | +6.7% |
| Taxes, remuneration and social security | 45 | €7,057 | €10,059 | +€3,002 | +42.5% |
| Taxes | 450/3 | €4,357 | €7,359 | +€3,002 | +68.9% |
| Remuneration and social security | 454/9 | €2,700 | €2,700 | = | 0.0% |
| Other amounts payable | 47/48 | €5,047 | €10,617 | +€5,570 | +110.4% |
| Accrued charges and deferred income | 492/3 | €742 | €2,262 | +€1,521 | +205.0% |
| Non-recurring operating income | 76A | - | €724 | +€724 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €46,514 | €54,995 | +€8,481 | +18.2% |
| Other operating charges | 640/8 | €4,745 | €4,986 | +€241 | +5.1% |
| Gross operating margin | 9900 | €78,391 | €53,355 | -€25,036 | -31.9% |
| Operating profit (loss) | 9901 | €27,132 | -€6,625 | -€33,757 | |
| Financial income | 75/76B | €31 | €39 | +€8 | +27.0% |
| Recurring financial income | 75 | €31 | €39 | +€8 | +27.0% |
| Financial charges | 65/66B | €7,626 | €7,378 | -€248 | -3.3% |
| Recurring financial charges | 65 | €7,626 | €7,378 | -€248 | -3.3% |
| Profit (loss) for the period before taxes | 9903 | €19,536 | -€13,964 | -€33,500 | |
| Income taxes | 67/77 | €5,265 | €134 | -€5,131 | -97.5% |
| Profit (loss) for the period | 9904 | €14,271 | -€14,098 | -€28,369 | |
| Profit (loss) for the period to be appropriated | 9905 | €14,271 | -€14,098 | -€28,369 |
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 7 October 2026 via checked.be.