DEKES: 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.
DEKES
Largest movements
- Cash +€125,118
up €125,118 (+66.7%), from €187,520 to €312,638
mainly Current investments (+€120,515) and Net result for the year (+€109,061)
- Current investments -€120,515
down €120,515 (-100%), from €120,515 to €0
- Tangible fixed assets -€18,230
down €18,230 (-9.0%), from €203,673 to €185,443
of which Furniture and vehicles: -€12,244
- Receivables within one year +€16,357
up €16,357 (+30.4%), from €53,793 to €70,150
of which Other amounts receivable: +€12,208
- Deferred charges and accrued income +€12,562
up €12,562 (+699%), from €1,798 to €14,360
- Reserves -€127,769
down €127,769 (-30.3%), from €421,346 to €293,576
- Other debts +€108,685
up €108,685 (+1,834%), from €5,925 to €114,610
- Accrued charges and deferred income +€48,114
up €48,114, from €0 to €48,114
- Debts after one year -€31,022
down €31,022 (-34.8%), from €89,090 to €58,068
- Trade debts +€28,988
up €28,988 (+169%), from €17,175 to €46,163
- Gross operating margin +€183,885
up €183,885 (+37.5%), from €489,872 to €673,757
- Staff costs +€178,483
up €178,483 (+57.1%), from €312,736 to €491,220
- Financial income +€10,535
up €10,535 (+96.9%), from €10,875 to €21,410
- Depreciation +€7,386
up €7,386 (+14.9%), from €49,425 to €56,811
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 | €586,301 | €604,488 | +€18,187 | +3.1% |
| Fixed assets | 21/28 | €207,686 | €188,105 | -€19,580 | -9.4% |
| Intangible fixed assets | 21 | €4,013 | €2,663 | -€1,350 | -33.6% |
| Tangible fixed assets | 22/27 | €203,673 | €185,443 | -€18,230 | -9.0% |
| Land and buildings | 22 | €81,913 | €75,174 | -€6,740 | -8.2% |
| Plant, machinery and equipment | 23 | €7,913 | €8,666 | +€753 | +9.5% |
| Furniture and vehicles | 24 | €113,847 | €101,603 | -€12,244 | -10.8% |
| Current assets | 29/58 | €378,615 | €416,383 | +€37,767 | +10.0% |
| Stocks and contracts in progress | 3 | €14,989 | €19,235 | +€4,246 | +28.3% |
| Stocks | 30/36 | €14,989 | €19,235 | +€4,246 | +28.3% |
| Amounts receivable within one year | 40/41 | €53,793 | €70,150 | +€16,357 | +30.4% |
| Trade receivables | 40 | €48,700 | €52,849 | +€4,149 | +8.5% |
| Other amounts receivable | 41 | €5,093 | €17,301 | +€12,208 | +240% |
| Current investments | 50/53 | €120,515 | €0 | -€120,515 | -100% |
| Cash at bank and in hand | 54/58 | €187,520 | €312,638 | +€125,118 | +66.7% |
| Deferred charges and accrued income | 490/1 | €1,798 | €14,360 | +€12,562 | +699% |
| Total equity and liabilities | 10/49 | €586,301 | €604,488 | +€18,187 | +3.1% |
| Equity | 10/15 | €427,546 | €312,176 | -€115,369 | -27.0% |
| Contributions | 10/11 | €6,200 | €18,600 | +€12,400 | +200% |
| Reserves | 13 | €421,346 | €293,576 | -€127,769 | -30.3% |
| Distributable reserves | 133 | €421,346 | €293,576 | -€127,769 | -30.3% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €158,755 | €292,311 | +€133,556 | +84.1% |
| Amounts payable after more than one year | 17 | €89,090 | €58,068 | -€31,022 | -34.8% |
| Financial debts | 170/4 | €89,090 | €58,068 | -€31,022 | -34.8% |
| Amounts payable within one year | 42/48 | €69,665 | €186,129 | +€116,464 | +167% |
| Current portion of amounts payable after more than one year | 42 | €31,955 | €11,454 | -€20,500 | -64.2% |
| Trade debts | 44 | €17,175 | €46,163 | +€28,988 | +169% |
| Suppliers | 440/4 | €17,175 | €46,163 | +€28,988 | +169% |
| Taxes, remuneration and social security | 45 | €14,611 | €13,902 | -€709 | -4.9% |
| Taxes | 450/3 | €14,611 | €13,402 | -€1,209 | -8.3% |
| Remuneration and social security | 454/9 | €0 | €500 | +€500 | |
| Other amounts payable | 47/48 | €5,925 | €114,610 | +€108,685 | +1,834% |
| Accrued charges and deferred income | 492/3 | €0 | €48,114 | +€48,114 | |
| Remuneration, social security and pensions | 62 | €312,736 | €491,220 | +€178,483 | +57.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €49,425 | €56,811 | +€7,386 | +14.9% |
| Other operating charges | 640/8 | €3,550 | €5,272 | +€1,722 | +48.5% |
| Gross operating margin | 9900 | €489,872 | €673,757 | +€183,885 | +37.5% |
| Operating profit (loss) | 9901 | €124,162 | €120,455 | -€3,707 | -3.0% |
| Financial income | 75/76B | €10,875 | €21,410 | +€10,535 | +96.9% |
| Recurring financial income | 75 | €10,875 | €21,410 | +€10,535 | +96.9% |
| Financial charges | 65/66B | €7,161 | €3,358 | -€3,802 | -53.1% |
| Recurring financial charges | 65 | €7,161 | €3,358 | -€3,802 | -53.1% |
| Profit (loss) for the period before taxes | 9903 | €127,876 | €138,506 | +€10,631 | +8.3% |
| Income taxes | 67/77 | €28,582 | €29,446 | +€864 | +3.0% |
| Profit (loss) for the period | 9904 | €99,294 | €109,061 | +€9,767 | +9.8% |
| Profit (loss) for the period to be appropriated | 9905 | €99,294 | €109,061 | +€9,767 | +9.8% |
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.