DEKO: 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.
DEKO
Largest movements
- Tangible fixed assets -€25,154
down €25,154 (-3.8%), from €669,514 to €644,360
of which Land and buildings: -€26,125
- Cash +€8,979
up €8,979 (+359%), from €2,501 to €11,480
mainly Depreciation (+€31,402) and Short-term financial debts (+€20,000)
- Profit (loss) carried forward -€21,536
down €21,536 (-17.0%), from -€126,867 to -€148,403
- Short-term financial debts +€20,000
up €20,000 (+18.2%), from €110,000 to €130,000
- Debts after one year -€16,137
down €16,137 (-8.6%), from €187,115 to €170,978
- Gross operating margin +€10,847
up €10,847 (+141%), from €7,714 to €18,561
- Depreciation +€9,468
up €9,468 (+43.2%), from €21,935 to €31,402
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 | €681,847 | €661,211 | -€20,635 | -3.0% |
| Formation expenses | 20 | €9,316 | €4,658 | -€4,658 | -50.0% |
| Fixed assets | 21/28 | €669,514 | €644,360 | -€25,154 | -3.8% |
| Tangible fixed assets | 22/27 | €669,514 | €644,360 | -€25,154 | -3.8% |
| Land and buildings | 22 | €665,619 | €639,494 | -€26,125 | -3.9% |
| Plant, machinery and equipment | 23 | €3,895 | €4,866 | +€971 | +24.9% |
| Assets under construction and advance payments | 27 | €0 | - | = | |
| Current assets | 29/58 | €3,017 | €12,193 | +€9,177 | +304% |
| Amounts receivable within one year | 40/41 | - | €178 | +€178 | |
| Trade receivables | 40 | - | €178 | +€178 | |
| Cash at bank and in hand | 54/58 | €2,501 | €11,480 | +€8,979 | +359% |
| Deferred charges and accrued income | 490/1 | €516 | €535 | +€20 | +3.8% |
| Total equity and liabilities | 10/49 | €681,847 | €661,211 | -€20,635 | -3.0% |
| Equity | 10/15 | €88,456 | €66,920 | -€21,536 | -24.3% |
| Contributions | 10/11 | €198,315 | €198,315 | = | 0.0% |
| Reserves | 13 | €17,008 | €17,008 | = | 0.0% |
| Distributable reserves | 133 | €17,008 | €17,008 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€126,867 | -€148,403 | -€21,536 | -17.0% |
| Amounts payable | 17/49 | €593,391 | €594,291 | +€901 | +0.2% |
| Amounts payable after more than one year | 17 | €187,115 | €170,978 | -€16,137 | -8.6% |
| Financial debts | 170/4 | €187,115 | €170,978 | -€16,137 | -8.6% |
| Amounts payable within one year | 42/48 | €405,023 | €423,306 | +€18,283 | +4.5% |
| Current portion of amounts payable after more than one year | 42 | €15,970 | €16,137 | +€168 | +1.0% |
| Financial debts | 43 | €110,000 | €130,000 | +€20,000 | +18.2% |
| Other loans | 439 | €110,000 | €130,000 | +€20,000 | +18.2% |
| Trade debts | 44 | €1,406 | €48 | -€1,358 | -96.6% |
| Suppliers | 440/4 | €1,406 | €48 | -€1,358 | -96.6% |
| Other amounts payable | 47/48 | €277,647 | €277,120 | -€527 | -0.2% |
| Accrued charges and deferred income | 492/3 | €1,252 | €8 | -€1,245 | -99.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,935 | €31,402 | +€9,468 | +43.2% |
| Other operating charges | 640/8 | €6,508 | €6,403 | -€105 | -1.6% |
| Gross operating margin | 9900 | €7,714 | €18,561 | +€10,847 | +141% |
| Operating profit (loss) | 9901 | -€20,729 | -€19,244 | +€1,485 | +7.2% |
| Financial income | 75/76B | €0 | €0 | +€0 | +320% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +320% |
| Financial charges | 65/66B | €2,354 | €2,292 | -€62 | -2.6% |
| Recurring financial charges | 65 | €2,354 | €2,292 | -€62 | -2.6% |
| Profit (loss) for the period before taxes | 9903 | -€23,083 | -€21,536 | +€1,547 | +6.7% |
| Profit (loss) for the period | 9904 | -€23,083 | -€21,536 | +€1,547 | +6.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€23,083 | -€21,536 | +€1,547 | +6.7% |
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 16 October 2026 via checked.be.