DEKORDAL: 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.
DEKORDAL
Largest movements
- Tangible fixed assets -€103,495
down €103,495 (-6.4%), from €1.6m to €1.5m
of which Land and buildings: -€78,402
- Cash +€19,705
up €19,705 (+30.9%), from €63,770 to €83,476
mainly Depreciation (+€103,495) and Other debts (+€16,386)
- Debts after one year -€121,925
down €121,925 (-18.0%), from €675,491 to €553,566
- Gross operating margin -€14,875
down €14,875 (-8.0%), from €186,228 to €171,353
- Depreciation +€9,667
up €9,667 (+10.3%), from €93,828 to €103,495
- Taxes -€5,458
down €5,458 (-44.7%), from €12,204 to €6,746
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 | €1,722,086 | €1,630,896 | -€91,190 | -5.3% |
| Fixed assets | 21/28 | €1,613,835 | €1,510,340 | -€103,495 | -6.4% |
| Tangible fixed assets | 22/27 | €1,613,835 | €1,510,340 | -€103,495 | -6.4% |
| Land and buildings | 22 | €1,503,795 | €1,425,393 | -€78,402 | -5.2% |
| Furniture and vehicles | 24 | €110,040 | €84,947 | -€25,093 | -22.8% |
| Current assets | 29/58 | €108,251 | €120,556 | +€12,305 | +11.4% |
| Amounts receivable within one year | 40/41 | €41,602 | €33,251 | -€8,351 | -20.1% |
| Trade receivables | 40 | €25,179 | €14,956 | -€10,223 | -40.6% |
| Other amounts receivable | 41 | €16,423 | €18,295 | +€1,872 | +11.4% |
| Cash at bank and in hand | 54/58 | €63,770 | €83,476 | +€19,705 | +30.9% |
| Deferred charges and accrued income | 490/1 | €2,879 | €3,830 | +€950 | +33.0% |
| Total equity and liabilities | 10/49 | €1,722,086 | €1,630,896 | -€91,190 | -5.3% |
| Equity | 10/15 | €353,632 | €367,212 | +€13,580 | +3.8% |
| Contributions | 10/11 | €143,131 | €143,131 | = | 0.0% |
| Reserves | 13 | €210,502 | €224,081 | +€13,580 | +6.5% |
| Distributable reserves | 133 | €210,502 | €224,081 | +€13,580 | +6.5% |
| Amounts payable | 17/49 | €1,368,454 | €1,263,684 | -€104,770 | -7.7% |
| Amounts payable after more than one year | 17 | €675,491 | €553,566 | -€121,925 | -18.0% |
| Financial debts | 170/4 | €675,491 | €553,566 | -€121,925 | -18.0% |
| Amounts payable within one year | 42/48 | €692,963 | €710,118 | +€17,155 | +2.5% |
| Current portion of amounts payable after more than one year | 42 | €120,061 | €121,925 | +€1,864 | +1.6% |
| Trade debts | 44 | €4,469 | €5,510 | +€1,041 | +23.3% |
| Suppliers | 440/4 | €4,469 | €5,510 | +€1,041 | +23.3% |
| Taxes, remuneration and social security | 45 | €12,699 | €10,563 | -€2,136 | -16.8% |
| Taxes | 450/3 | €12,699 | €10,563 | -€2,136 | -16.8% |
| Other amounts payable | 47/48 | €555,734 | €572,121 | +€16,386 | +2.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €93,828 | €103,495 | +€9,667 | +10.3% |
| Other operating charges | 640/8 | €11,599 | €12,209 | +€611 | +5.3% |
| Gross operating margin | 9900 | €186,228 | €171,353 | -€14,875 | -8.0% |
| Operating profit (loss) | 9901 | €80,801 | €55,649 | -€25,153 | -31.1% |
| Financial income | 75/76B | €0 | €143 | +€143 | |
| Recurring financial income | 75 | €0 | €143 | +€143 | |
| Financial charges | 65/66B | €36,822 | €35,465 | -€1,357 | -3.7% |
| Recurring financial charges | 65 | €36,822 | €35,465 | -€1,357 | -3.7% |
| Profit (loss) for the period before taxes | 9903 | €43,979 | €20,326 | -€23,653 | -53.8% |
| Income taxes | 67/77 | €12,204 | €6,746 | -€5,458 | -44.7% |
| Profit (loss) for the period | 9904 | €31,775 | €13,580 | -€18,195 | -57.3% |
| Profit (loss) for the period to be appropriated | 9905 | €31,775 | €13,580 | -€18,195 | -57.3% |
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 17 October 2026 via checked.be.