DEKOCANDLE: 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.
DEKOCANDLE
Largest movements
- Stocks and contracts -€321,957
down €321,957 (-21.8%), from €1.5m to €1.2m
- Receivables within one year -€100,538
down €100,538 (-10.2%), from €986,918 to €886,380
of which Other amounts receivable: -€185,009
- Tangible fixed assets -€39,973
down €39,973 (-10.5%), from €381,006 to €341,033
of which Furniture and vehicles: -€34,831
- Reserves -€578,021
down €578,021 (-51.7%), from €1.1m to €539,146
of which Distributable reserves: -€578,021
- Trade debts +€95,833
up €95,833 (+17.6%), from €543,921 to €639,753
- Tax, wage and social debts +€43,334
up €43,334 (+28.8%), from €150,513 to €193,847
of which Taxes: +€23,833
- Debts after one year -€40,888
down €40,888 (-32.0%), from €127,641 to €86,753
- Gross operating margin -€612,062
down €612,062 (-59.1%), from €1.0m to €423,534
- Staff costs -€77,186
down €77,186 (-8.1%), from €955,937 to €878,751
- Write-downs +€53,605
up €53,605 (+48.1%), from -€111,418 to -€57,812
- Other operating charges -€20,343
down €20,343 (-24.0%), from €84,601 to €64,258
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 | €3,121,597 | €2,638,136 | -€483,461 | -15.5% |
| Fixed assets | 21/28 | €419,818 | €386,523 | -€33,295 | -7.9% |
| Intangible fixed assets | 21 | €38,490 | €45,167 | +€6,677 | +17.3% |
| Tangible fixed assets | 22/27 | €381,006 | €341,033 | -€39,973 | -10.5% |
| Land and buildings | 22 | €255,754 | €234,656 | -€21,098 | -8.2% |
| Plant, machinery and equipment | 23 | €6,627 | €22,583 | +€15,956 | +241% |
| Furniture and vehicles | 24 | €92,625 | €57,794 | -€34,831 | -37.6% |
| Assets under construction and advance payments | 27 | €26,000 | €26,000 | = | 0.0% |
| Financial fixed assets | 28 | €322 | €322 | = | 0.0% |
| Current assets | 29/58 | €2,701,779 | €2,251,613 | -€450,166 | -16.7% |
| Stocks and contracts in progress | 3 | €1,474,943 | €1,152,987 | -€321,957 | -21.8% |
| Stocks | 30/36 | €1,474,943 | €1,152,987 | -€321,957 | -21.8% |
| Amounts receivable within one year | 40/41 | €986,918 | €886,380 | -€100,538 | -10.2% |
| Trade receivables | 40 | €659,100 | €743,571 | +€84,471 | +12.8% |
| Other amounts receivable | 41 | €327,818 | €142,809 | -€185,009 | -56.4% |
| Cash at bank and in hand | 54/58 | €179,371 | €150,470 | -€28,902 | -16.1% |
| Deferred charges and accrued income | 490/1 | €60,546 | €61,776 | +€1,230 | +2.0% |
| Total equity and liabilities | 10/49 | €3,121,597 | €2,638,136 | -€483,461 | -15.5% |
| Equity | 10/15 | €1,541,956 | €963,935 | -€578,021 | -37.5% |
| Contributions | 10/11 | €424,789 | €424,789 | = | 0.0% |
| Reserves | 13 | €1,117,166 | €539,146 | -€578,021 | -51.7% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €1,117,166 | €539,146 | -€578,021 | -51.7% |
| Investment grants | 15 | €0 | - | = | |
| Amounts payable | 17/49 | €1,579,642 | €1,674,201 | +€94,559 | +6.0% |
| Amounts payable after more than one year | 17 | €127,641 | €86,753 | -€40,888 | -32.0% |
| Financial debts | 170/4 | €127,641 | €86,753 | -€40,888 | -32.0% |
| Amounts payable within one year | 42/48 | €1,449,373 | €1,585,372 | +€135,999 | +9.4% |
| Current portion of amounts payable after more than one year | 42 | €43,366 | €40,888 | -€2,478 | -5.7% |
| Financial debts | 43 | €495,690 | €495,000 | -€690 | -0.1% |
| Credit institutions | 430/8 | €495,690 | €495,000 | -€690 | -0.1% |
| Trade debts | 44 | €543,921 | €639,753 | +€95,833 | +17.6% |
| Suppliers | 440/4 | €543,921 | €639,753 | +€95,833 | +17.6% |
| Taxes, remuneration and social security | 45 | €150,513 | €193,847 | +€43,334 | +28.8% |
| Taxes | 450/3 | €5,710 | €29,544 | +€23,833 | +417% |
| Remuneration and social security | 454/9 | €144,802 | €164,303 | +€19,501 | +13.5% |
| Other amounts payable | 47/48 | €215,884 | €215,884 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €2,628 | €2,076 | -€551 | -21.0% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €955,937 | €878,751 | -€77,186 | -8.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €68,874 | €71,666 | +€2,792 | +4.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€111,418 | -€57,812 | +€53,605 | +48.1% |
| Other operating charges | 640/8 | €84,601 | €64,258 | -€20,343 | -24.0% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €1,035,596 | €423,534 | -€612,062 | -59.1% |
| Operating profit (loss) | 9901 | €37,602 | -€533,329 | -€570,931 | |
| Financial income | 75/76B | €13,175 | €10,840 | -€2,335 | -17.7% |
| Recurring financial income | 75 | €13,175 | €10,840 | -€2,335 | -17.7% |
| Financial charges | 65/66B | €49,286 | €55,301 | +€6,015 | +12.2% |
| Recurring financial charges | 65 | €49,286 | €55,301 | +€6,015 | +12.2% |
| Profit (loss) for the period before taxes | 9903 | €1,491 | -€577,790 | -€579,281 | |
| Income taxes | 67/77 | €10,444 | €230 | -€10,214 | -97.8% |
| Profit (loss) for the period | 9904 | -€8,953 | -€578,021 | -€569,067 | -6,356% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,953 | -€578,021 | -€569,067 | -6,356% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.