Dekoker-Moens: 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.
Dekoker-Moens
Largest movements
- Cash -€119,868
down €119,868 (-75.7%), from €158,286 to €38,418
mainly Investment in fixed assets (net) (-€126,840) and Contributions, distributions and other (-€71,184)
- Tangible fixed assets +€114,998
up €114,998 (+442%), from €26,028 to €141,026
of which Other tangible fixed assets: +€87,427
- Receivables within one year -€7,296
down €7,296 (-53.1%), from €13,751 to €6,455
of which Trade receivables: -€8,988
- Debts after one year +€83,207
new in 2025: €83,207
- Reserves -€56,158
no longer reported in 2025 (was €56,158)
- Other debts -€43,641
down €43,641 (-33.3%), from €130,964 to €87,322
- Current portion of long-term debt +€6,352
up €6,352 (+188%), from €3,380 to €9,732
- Tax, wage and social debts -€4,975
no longer reported in 2025 (was €4,975)
- Gross operating margin -€42,912
down €42,912 (-57.1%), from €75,135 to €32,223
- Taxes -€13,667
down €13,667 (-91.3%), from €14,975 to €1,308
- Depreciation +€9,094
up €9,094 (+331%), from €2,749 to €11,843
- Financial charges +€2,559
up €2,559 (+908%), from €282 to €2,841
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 | €199,390 | €187,690 | -€11,700 | -5.9% |
| Fixed assets | 21/28 | €26,028 | €141,026 | +€114,998 | +442% |
| Tangible fixed assets | 22/27 | €26,028 | €141,026 | +€114,998 | +442% |
| Plant, machinery and equipment | 23 | €8,236 | €23,452 | +€15,215 | +185% |
| Furniture and vehicles | 24 | €1,246 | €13,602 | +€12,355 | +991% |
| Other tangible fixed assets | 26 | €16,546 | €103,972 | +€87,427 | +528% |
| Current assets | 29/58 | €173,362 | €46,664 | -€126,697 | -73.1% |
| Amounts receivable within one year | 40/41 | €13,751 | €6,455 | -€7,296 | -53.1% |
| Trade receivables | 40 | €13,751 | €4,763 | -€8,988 | -65.4% |
| Other amounts receivable | 41 | - | €1,692 | +€1,692 | |
| Cash at bank and in hand | 54/58 | €158,286 | €38,418 | -€119,868 | -75.7% |
| Deferred charges and accrued income | 490/1 | €1,324 | €1,791 | +€467 | +35.3% |
| Total equity and liabilities | 10/49 | €199,390 | €187,690 | -€11,700 | -5.9% |
| Equity | 10/15 | €58,658 | €2,500 | -€56,158 | -95.7% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €56,158 | - | -€56,158 | |
| Distributable reserves | 133 | €56,158 | - | -€56,158 | |
| Amounts payable | 17/49 | €140,731 | €185,190 | +€44,459 | +31.6% |
| Amounts payable after more than one year | 17 | - | €83,207 | +€83,207 | |
| Financial debts | 170/4 | - | €83,207 | +€83,207 | |
| Amounts payable within one year | 42/48 | €140,731 | €101,983 | -€38,748 | -27.5% |
| Current portion of amounts payable after more than one year | 42 | €3,380 | €9,732 | +€6,352 | +188% |
| Trade debts | 44 | €1,413 | €4,928 | +€3,515 | +249% |
| Suppliers | 440/4 | €1,413 | €4,928 | +€3,515 | +249% |
| Taxes, remuneration and social security | 45 | €4,975 | - | -€4,975 | |
| Taxes | 450/3 | €4,975 | - | -€4,975 | |
| Other amounts payable | 47/48 | €130,964 | €87,322 | -€43,641 | -33.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,749 | €11,843 | +€9,094 | +331% |
| Other operating charges | 640/8 | €975 | €1,205 | +€231 | +23.7% |
| Gross operating margin | 9900 | €75,135 | €32,223 | -€42,912 | -57.1% |
| Operating profit (loss) | 9901 | €71,411 | €19,175 | -€52,237 | -73.1% |
| Financial income | 75/76B | €3 | - | -€3 | |
| Recurring financial income | 75 | €3 | - | -€3 | |
| Financial charges | 65/66B | €282 | €2,841 | +€2,559 | +908% |
| Recurring financial charges | 65 | €282 | €2,841 | +€2,559 | +908% |
| Profit (loss) for the period before taxes | 9903 | €71,133 | €16,334 | -€54,799 | -77.0% |
| Income taxes | 67/77 | €14,975 | €1,308 | -€13,667 | -91.3% |
| Profit (loss) for the period | 9904 | €56,158 | €15,026 | -€41,132 | -73.2% |
| Profit (loss) for the period to be appropriated | 9905 | €56,158 | €15,026 | -€41,132 | -73.2% |
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 26 October 2026 via checked.be.