DEKOL: 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.
DEKOL
Largest movements
- Cash -€51,243
down €51,243 (-49.7%), from €103,049 to €51,807
mainly Investment in fixed assets (net) (-€46,995) and Trade debts (-€19,408)
- Tangible fixed assets +€45,370
up €45,370 (+1382.8%), from €3,281 to €48,651
of which Furniture and vehicles: +€46,392
- Intangible fixed assets -€19,000
down €19,000 (-10.3%), from €183,667 to €164,667
- Trade debts -€19,408
down €19,408 (-72.6%), from €26,749 to €7,341
- Current portion of long-term debt +€14,997
up €14,997 (+132.0%), from €11,363 to €26,360
- Debts after one year -€13,865
down €13,865 (-8.6%), from €161,772 to €147,907
of which Other amounts payable: -€32,500
- Profit (loss) carried forward +€7,898
up €7,898 (+211.0%), from €3,743 to €11,641
- Advances received -€4,773
down €4,773 (-100.0%), from €4,773 to €0
- Gross operating margin +€92,617
up €92,617 (+36.6%), from €252,793 to €345,410
- Staff costs +€56,710
up €56,710 (+24.6%), from €230,702 to €287,412
- Other operating charges +€14,815
up €14,815 (+527.8%), from €2,807 to €17,622
- Depreciation +€14,114
up €14,114 (+216.8%), from €6,511 to €20,625
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 | €309,506 | €290,346 | -€19,160 | -6.2% |
| Fixed assets | 21/28 | €186,948 | €213,318 | +€26,370 | +14.1% |
| Intangible fixed assets | 21 | €183,667 | €164,667 | -€19,000 | -10.3% |
| Tangible fixed assets | 22/27 | €3,281 | €48,651 | +€45,370 | +1382.8% |
| Plant, machinery and equipment | 23 | €3,281 | €2,259 | -€1,022 | -31.1% |
| Furniture and vehicles | 24 | - | €46,392 | +€46,392 | |
| Current assets | 29/58 | €122,559 | €77,028 | -€45,530 | -37.1% |
| Stocks and contracts in progress | 3 | €12,616 | €13,124 | +€509 | +4.0% |
| Stocks | 30/36 | €12,616 | €13,124 | +€509 | +4.0% |
| Amounts receivable within one year | 40/41 | €6,894 | €9,980 | +€3,086 | +44.8% |
| Trade receivables | 40 | €6,894 | €8,523 | +€1,630 | +23.6% |
| Other amounts receivable | 41 | - | €1,457 | +€1,457 | |
| Cash at bank and in hand | 54/58 | €103,049 | €51,807 | -€51,243 | -49.7% |
| Deferred charges and accrued income | 490/1 | - | €2,117 | +€2,117 | |
| Total equity and liabilities | 10/49 | €309,506 | €290,346 | -€19,160 | -6.2% |
| Equity | 10/15 | €18,743 | €26,641 | +€7,898 | +42.1% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,743 | €11,641 | +€7,898 | +211.0% |
| Amounts payable | 17/49 | €290,764 | €263,706 | -€27,058 | -9.3% |
| Amounts payable after more than one year | 17 | €161,772 | €147,907 | -€13,865 | -8.6% |
| Financial debts | 170/4 | €74,962 | €93,597 | +€18,635 | +24.9% |
| Other amounts payable | 178/9 | €86,810 | €54,310 | -€32,500 | -37.4% |
| Amounts payable within one year | 42/48 | €118,181 | €101,898 | -€16,283 | -13.8% |
| Current portion of amounts payable after more than one year | 42 | €11,363 | €26,360 | +€14,997 | +132.0% |
| Trade debts | 44 | €26,749 | €7,341 | -€19,408 | -72.6% |
| Suppliers | 440/4 | €26,749 | €7,341 | -€19,408 | -72.6% |
| Advances received on contracts in progress | 46 | €4,773 | €0 | -€4,773 | -100.0% |
| Taxes, remuneration and social security | 45 | €71,463 | €67,370 | -€4,093 | -5.7% |
| Taxes | 450/3 | €41,394 | €36,333 | -€5,061 | -12.2% |
| Remuneration and social security | 454/9 | €30,069 | €31,037 | +€969 | +3.2% |
| Other amounts payable | 47/48 | €3,834 | €828 | -€3,006 | -78.4% |
| Accrued charges and deferred income | 492/3 | €10,811 | €13,900 | +€3,089 | +28.6% |
| Remuneration, social security and pensions | 62 | €230,702 | €287,412 | +€56,710 | +24.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,511 | €20,625 | +€14,114 | +216.8% |
| Other operating charges | 640/8 | €2,807 | €17,622 | +€14,815 | +527.8% |
| Gross operating margin | 9900 | €252,793 | €345,410 | +€92,617 | +36.6% |
| Operating profit (loss) | 9901 | €12,774 | €19,752 | +€6,978 | +54.6% |
| Financial income | 75/76B | - | €137 | +€137 | |
| Recurring financial income | 75 | - | €137 | +€137 | |
| Financial charges | 65/66B | €6,689 | €8,435 | +€1,746 | +26.1% |
| Recurring financial charges | 65 | €6,689 | €8,435 | +€1,746 | +26.1% |
| Profit (loss) for the period before taxes | 9903 | €6,085 | €11,453 | +€5,369 | +88.2% |
| Income taxes | 67/77 | €2,342 | €3,555 | +€1,213 | +51.8% |
| Profit (loss) for the period | 9904 | €3,743 | €7,898 | +€4,155 | +111.0% |
| Profit (loss) for the period to be appropriated | 9905 | €3,743 | €7,898 | +€4,155 | +111.0% |
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 6 October 2026 via checked.be.