DEKOSIM: 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.
DEKOSIM
Largest movements
- Financial fixed assets +€1.3m
up €1.3m (+179,375%), from €750 to €1.3m
- Cash -€531,446
down €531,446 (-91.2%), from €582,441 to €50,995
mainly Investment in fixed assets (net) (-€1.0m) and Contributions, distributions and other (-€720,000)
- Tangible fixed assets -€376,693
down €376,693 (-31.9%), from €1.2m to €803,007
- Receivables within one year -€335,002
down €335,002 (-90.9%), from €368,584 to €33,582
of which Other amounts receivable: -€220,235
- Current investments -€60,000
down €60,000 (-23.1%), from €260,000 to €200,000
- Other debts +€145,000
up €145,000 (+25.2%), from €575,000 to €720,000
- Debts after one year -€53,502
down €53,502 (-100%), from €53,502 to €0
- Profit (loss) carried forward +€30,791
up €30,791 (+12.1%), from €253,683 to €284,475
- Gross operating margin +€122,756
up €122,756 (+19.1%), from €641,470 to €764,226
- Financial income +€47,529
up €47,529 (+393%), from €12,085 to €59,614
- Depreciation -€24,146
down €24,146 (-34.0%), from €70,997 to €46,851
- Taxes +€10,179
up €10,179 (+1,055%), from €964 to €11,143
- Other operating charges +€9,267
up €9,267 (+96.9%), from €9,562 to €18,829
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 | €2,491,345 | €2,591,605 | +€100,260 | +4.0% |
| Fixed assets | 21/28 | €1,180,450 | €2,149,068 | +€968,619 | +82.1% |
| Tangible fixed assets | 22/27 | €1,179,700 | €803,007 | -€376,693 | -31.9% |
| Land and buildings | 22 | €1,179,700 | €803,007 | -€376,693 | -31.9% |
| Financial fixed assets | 28 | €750 | €1,346,061 | +€1.3m | +179,375% |
| Current assets | 29/58 | €1,310,895 | €442,537 | -€868,358 | -66.2% |
| Amounts receivable after more than one year | 29 | - | €11,729 | +€11,729 | |
| Other amounts receivable | 291 | - | €11,729 | +€11,729 | |
| Stocks and contracts in progress | 3 | €90,291 | €90,291 | = | 0.0% |
| Stocks | 30/36 | €90,291 | €90,291 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €368,584 | €33,582 | -€335,002 | -90.9% |
| Trade receivables | 40 | €146,361 | €31,594 | -€114,767 | -78.4% |
| Other amounts receivable | 41 | €222,223 | €1,989 | -€220,235 | -99.1% |
| Current investments | 50/53 | €260,000 | €200,000 | -€60,000 | -23.1% |
| Cash at bank and in hand | 54/58 | €582,441 | €50,995 | -€531,446 | -91.2% |
| Deferred charges and accrued income | 490/1 | €9,579 | €55,940 | +€46,361 | +484% |
| Total equity and liabilities | 10/49 | €2,491,345 | €2,591,605 | +€100,260 | +4.0% |
| Equity | 10/15 | €367,536 | €391,551 | +€24,016 | +6.5% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Capital | 10 | €61,973 | €61,973 | = | 0.0% |
| Issued capital | 100 | €61,973 | €61,973 | = | 0.0% |
| Reserves | 13 | €51,879 | €45,103 | -€6,776 | -13.1% |
| Non-distributable reserves | 130/1 | €6,197 | €6,197 | = | 0.0% |
| Legal reserve | 130 | €6,197 | €6,197 | = | 0.0% |
| Tax-exempt reserves | 132 | €45,682 | €38,906 | -€6,776 | -14.8% |
| Profit (loss) carried forward | 14 | €253,683 | €284,475 | +€30,791 | +12.1% |
| Provisions and deferred taxes | 16 | €1,396,898 | €1,394,639 | -€2,259 | -0.2% |
| Provisions for liabilities and charges | 160/5 | €1,381,671 | €1,381,671 | = | 0.0% |
| Major repairs and maintenance | 162 | €1,381,671 | €1,381,671 | = | 0.0% |
| Deferred taxes | 168 | €15,227 | €12,969 | -€2,259 | -14.8% |
| Amounts payable | 17/49 | €726,911 | €805,414 | +€78,503 | +10.8% |
| Amounts payable after more than one year | 17 | €53,502 | €0 | -€53,502 | -100% |
| Financial debts | 170/4 | €53,502 | €0 | -€53,502 | -100% |
| Amounts payable within one year | 42/48 | €673,409 | €805,414 | +€132,005 | +19.6% |
| Current portion of amounts payable after more than one year | 42 | €59,988 | €53,502 | -€6,486 | -10.8% |
| Trade debts | 44 | €27,853 | €4,886 | -€22,968 | -82.5% |
| Suppliers | 440/4 | €27,853 | €4,886 | -€22,968 | -82.5% |
| Taxes, remuneration and social security | 45 | €10,568 | €27,027 | +€16,459 | +156% |
| Taxes | 450/3 | €10,568 | €27,027 | +€16,459 | +156% |
| Other amounts payable | 47/48 | €575,000 | €720,000 | +€145,000 | +25.2% |
| Non-recurring operating income | 76A | €7,866 | €240,158 | +€232,292 | +2,953% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €70,997 | €46,851 | -€24,146 | -34.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€4,073 | €0 | +€4,073 | |
| Other operating charges | 640/8 | €9,562 | €18,829 | +€9,267 | +96.9% |
| Gross operating margin | 9900 | €641,470 | €764,226 | +€122,756 | +19.1% |
| Operating profit (loss) | 9901 | €564,984 | €698,546 | +€133,562 | +23.6% |
| Financial income | 75/76B | €12,085 | €59,614 | +€47,529 | +393% |
| Recurring financial income | 75 | €12,085 | €59,614 | +€47,529 | +393% |
| Financial charges | 65/66B | €7,564 | €5,260 | -€2,304 | -30.5% |
| Recurring financial charges | 65 | €7,564 | €5,260 | -€2,304 | -30.5% |
| Profit (loss) for the period before taxes | 9903 | €569,505 | €752,900 | +€183,396 | +32.2% |
| Transfer from deferred taxes | 780 | €2,259 | €2,259 | -€0 | 0.0% |
| Income taxes | 67/77 | €964 | €11,143 | +€10,179 | +1,055% |
| Profit (loss) for the period | 9904 | €570,799 | €744,016 | +€173,217 | +30.3% |
| Transfer from tax-exempt reserves | 789 | €6,776 | €6,776 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €577,575 | €750,791 | +€173,217 | +30.0% |
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.